How are you everyone?Today I will discuss with you about How to earn passive income through crypto? I am young and my experience is very little so please forgive me if there are any mistake.

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Cryptocurrency is a unique financial instrument that enables anyone with an internet connection to participate in a distributed economy. This includes passive income opportunities. There are unique risks associated with investing and earning with cryptocurrency, even though it may seem like a bank account or social lending platform.
Cultivation
Decentralized finance (DeFi) platforms give you the ability to make money like a bank by directly participating in the lending process. Here, users connect their cryptocurrency wallets and send coins and tokens to a pool with others. That pool is then used to lend to others for interest and fees. Users are sometimes paid for participating in the lending process or given interest on the amount of shares or holdings in their account. The amount earned from crypto lending depends on three factors: loan tenure, loan amount, and interest rate.

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Mining:
The backbone of cryptocurrencies is the blockchain, and requires many computers working in parallel to create a secure, functional chain. Many popular currencies, including Bitcoin and Litecoin, have an algorithm called Proof-of-Work (PoW) behind them. Under proof-of-work, participants from around the world known as miners compete against each other to find encrypted solutions to blocks. The winner gets a prize of cryptocurrency.
If you have a spare computer at home, you can turn it into a miner and join a mining pool. This usually requires a graphics processing card (GPU), some computer and programming skills, and knowledge of configuring a client application to connect to a hosted one.
However, there is also a significant risk of loss, and many investors have felt the pain of a cryptocurrency platform that directly participates in the lending process. Here, users connect their cryptocurrency wallets and send coins and tokens to a pool with others. That pool is then used to lend to others for interest and fees. Users are sometimes paid for participating in the lending process or given interest on the amount of shares or holdings in their account. The amount earned from crypto lending depends on three factors: loan tenure, loan amount, and interest rate.
Today's discussion ends here. I hope you find it interesting and able to understand. Share your thoughts on today's topic. Wishes and blessings to all.