You must know that the cryptocurrency market is currently very hot. If you browse the industry-related websites, you will find that many new developments are attracting more and more people. One of the main reasons is that you can engage in extra money.
If you think that the cryptocurrency market is too risky for you, you don't need to invest in real money. All you need is a computer with idle hard drive space.
There are many cryptocurrencies that do just that. They pay users based on their contributions, paying for their own peer-to-peer digital currency.
When you get these tokens, you can pay for any of the services offered by these systems, or you can simply exchange tokens for fiat or bitcoin.
Here are 4 cryptocurrencies that can be obtained with your hard drive:
1.Burst
Burst is a altcoin, which means it is similar to bitcoin but includes more features and features.
While Bitcoin and other digital currencies typically use POWs to ensure that their networks are secure, they use this to determine how much money each participant in the network receives. But Burst's developers have taken a different approach. They use the Proof of Resource system. At Burst, resources are computer storage.
Because of this innovation, Burst allows you to mine with your own free hard drive space. This means you will help protect your network and get paid off.
While it may be a waste of some of the data you store on your hard drive, it's actually an advantage for you because you don't have to network your computer all the time.
Some of Burst's advantages include: This service is not only available, it is already running. As I just said, you don't need to keep your computer turned on all the time.
Disadvantages include: You need to download some software that is not so easy to use, Burst tokens may not be able to maintain the expected price.
2. MaidSafe
The main goal of MaidSafe is to make the Internet a safe place without worrying about viruses, hackers or sniffing.
What MaidSafe does is store website data and code on their own servers to serve those in need.
MaidSafe has not yet been released and is scheduled to be released later this year. By then you will be able to join the SAFE network as a farmer. At MaidSafe, your free disk space will be used to store your site's data and applications and serve them when necessary or upon request. Your reward is Safecoin.
All data will be broken and then encrypted to ensure it remains confidential.
On the other hand, the demander will rent the MaidSafe server instead of the regular hosting, which is paid by Safecoin.
The main advantages of MaidSafe include: your computer does not need to be turned on 24 hours. Moreover, all services on the MaidSafe network are paid with Safecoin, which helps to maintain the value of Safecoin.
The downside is that if your computer doesn't boot for most of the time, your computer will be weak compared to the other. In addition, MaidSafe is not currently online.
3.Storj
Storj is a peer-to-peer cloud storage service that also lets you rent out your free hard drive space. This service primarily stores photos and other media in the cloud in a private way.
Storj has many advantages, the important thing is that it is aimed at global market opportunities. Also, installing and configuring the app to share your free hard drive space is really not too simple.
Disadvantages of Storj: If your computer doesn't boot 24 hours a day, you will be severely deducted. In addition, the current service is only available to a small number of investors who participate in crowdfunding projects.
4.Siacoin
SIA is a decentralized storage market with the goal of becoming a major cloud storage player and competing with giants such as Google or Amazon.
The idea behind SIA is a new way of cloud storage platform. Originally conceived at HackMIT in 2013, the goal was to use blockchain technology to decentralize file storage and open source code instead of hosting it on a central server.
SIA allows anyone to make money by renting a hard drive. In addition, it uses redundancy and encryption to protect data integrity.
SIA is easy to use, newcomers are easy to use.
However, the profits you can get from these platforms are really small.
For example, Siacoin, now hosting is not a profit, but letting the ecosystem start, or they think the technology is pure. Then you will get $0.435942 per terabyte per month, which is really super less.