17 Jan 2019

The Top 4 Ways Your Linux Computer Can Earn You Money

Computers, whether they run Linux or not, as a rule, don't tend to be cheap. However, what if I was to tell you that you can offset at least some of that cost by using the machine itself? Well, you can, and below you can find out exactly how to do this.

Mining crypto

Picture source
Cryptocurrency, the most prominent of which is Bitcoin, is a form of virtual currency not controlled or issued by any official banking institutions. It also uses blockchains to process transactions, and this is where your computer comes in.

In fact, you can essentially lease out a small amount of your computer's processing power to help in these non-localized transactions. A service that you will then be paid for in cryptocurrency itself, something that isn’t half bad if you factor in that many of them are doing particularly well on the market at this current time.

Automated trading

Next, another way that you can use your computer to earn some money is to get involved with trading online. Of course, they are two things to remember here. One is that it can be a pretty complicated task understanding, and being able to operate within the boundaries of the stock market. The second is that there is always risk involved in trading, no matter how well you know the markets or how cleverly you play them.

Picture source
Of course, there are ways that you can minimize the risk involved, if not remove it altogether. One of which is to use algorithmic trading software to help you make your buying and selling decisions. Something that can also make the entire process of navigating this complicated area easier as well.

Use it to sell services online

Of course, you can always use the access to the Internet that your computer provides you run a business of your own. There is a vast range of companies you can start as well, including offering SEO services, copywriting, graphic design and even monetizing your open source coding skills.

The critical thing to remember here is that to succeed not only do you need to find an excellent match for the skills you have, but you also need to find the best place to sell these to make a profit as well. After all, you need to be able to reach the right demographic and be able to sell what you are offering to them to succeed.

Recycle and resell parts

Lastly, if all else fails that box of magical diodes, and microchips can make you money in a much more literal way too. What I'm talking about here is breaking it down, recycling it, and selling it for parts. In fact, depending on the specification of your computer and its systems you may be able to recoup at least some of the original cost you paid out for it when it was new.

OK, so you won't be able to use it while you are doing this, but the cash you earn can be put towards a newer, more powerful model. An item that can help you do even better with the money making strategies mentioned above.

This post contains affiliate links


Post a Comment