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At the time of writing this article, about 16.7 million of those Bitcoins have been successfully mined, leaving more than four million on the table to get Bitcoin miners.One thing you will need to know about Bitcoin mining before getting into it is that the difficulty increases over time. In other words, it will take more time and more computing power to generate each subsequent Bitcoin.

By now, however, the difficulty has gone up so much that much more specialized equipment is needed.One way to approach Bitcoin mining would be to do it on yourself. To try it, youll need to invest in a Bitcoin miner. Bitcoin miners are external devices that provide the necessary computing power to make Bitcoin in todays high-difficulty environment.

Small USB miners start at under $100, while larger, more powerful mining devices can run into the tens of thousands of dollars. Even though the initial investment of buying a Bitcoin miner can be pretty big, it lets you produce your own steady stream of new Bitcoin until the full 21 million has been reached.If you opt to begin mining yourself, be sure to keep the peripheral costs in mind.

If you've got a massive miner that produces a substantial amount of heat, you can also need to install a cooling system to keep it running properly. Together, these costs can eat up a lot of their profit margin in Bitcoin mining. Fortunately, if Bitcoin continues to appreciate in value, these peripheral costs will eventually be compensated for retroactively during that appreciation.If you dont want to go to the initial expense and hassle of setting up your own personal Bitcoin mining operation, you can still get in on the action with what's known as contract mining.

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This contract will last for a certain length of time, and all Bitcoin mined during this time on the equipment youve contracted will be sent to a Bitcoin wallet. Some of the very major contract mining solutions are Genesis Mining and Hashing24. Contract mining directory is an easy and passive method for you to collect Bitcoin, even though it will cost more over the long run than having your own Bitcoin mining equipment. #2 Total Micro-tasks for BitcoinThough mining lets you earn Bitcoin quicker than any other method, its high investment brink means it wont be acceptable for everyone.

Micro-tasks are modest, simple actions, such as viewing an advertisement or engaging with a Your Domain Name post on social media. Although the pay is normally very low, micro-tasks are most likely the simplest way to get into Bitcoin.One of the best places to go to get started with micro-tasks that pay in Bitcoin is CoinWorker, a marketplace that specializes in such tasks.

Though many jobs on CoinWorker pay as little as $0.03-0.05, some do cover over $1.00. Tasks listed on CoinWorker are normally quite easy and require only a few minutes to complete.There are also several sites that will pay you little amounts of Bitcoin for viewing ads. Like other micro-tasks, these actions pay very tiny amounts of Bitcoin, but are incredibly simple to perform.

A number of the best sites that enable users read review to see ads in exchange for Bitcoin include CoinAdder, Ads4BTC and Advercoins. #3 Bitcoin FaucetsBitcoin faucets are somewhat like micro-tasks in the sense that they pay tiny amounts of Bitcoin in exchange for a small amount of your time often around 1 Satoshi, which is a hundredth of a millionth BTC.

Bitcoin taps cover amounts that are almost too little for many users to bother with, but theyre a fantastic way to break into the universe of Bitcoin and begin to realize a little amount of cryptocurrency in your pocket.  Moon Bitcoin is one of the most popular of these taps, however there are many others on the market, including FreeBitcoin, Bitcoin Zebra and Daily Free Bits. #4 Invest in Bitcoin and Bitcoin DerivativesOne among the most interesting developments in Bitcoin within the past couple of years has been its emergence as a rather popular investment asset.

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As one may imagine, investment is one of the more lucrative ways of making money with Bitcoin.The most fundamental form of Bitcoin investment is buying and holding Bitcoin until its cost goes up enough to turn a profit. Thanks to its high degree of price volatility, Bitcoin has generated some incredible gains for investors that pursued this strategy early on.

Of course, this is an extreme case, but it does demonstrate just how rewarding Bitcoin investment has been for some traders who have been willing to maintain their investments for long periods of time.One of the problems that has plagued Bitcoin investment in the past is the absence of reliable exchanges.