[ad_1]
The cryptoverse offers a wide variety of ways to earn income. From mining and bet for yield farming and selling NFTthere is apparently something for anyone who is tech-savvy enough to make crypto work for them.
But there are also non-crypto ways to make money on crypto. Read on to discover a list of some products and services you could provide to earn income in the cryptocurrency industry without touching cryptocurrencies.
Accounting and tax advice for crypto investors
Cryptocurrency traders and investors need tax Tip. The rapidly changing regulatory landscape also often means changes to how you tax your crypto returns.
If you are an accountant or have a background in finance, you can offer advisory services to crypto investors or blockchain companies. He can advise them on how to classify their returns from crypto assets, whether as capital gains or business income, and how to navigate the tax process. In return, they can pay for their services. (Even in Fiat!)
cryptotherapy
according to a study, many cryptocurrency traders display behaviors that reflect other forms of addiction, such as alcohol and gambling. Crypto holds the promise of life-changing gains, but also the risk of serious loss.
Addiction is about these ups and downs, and this becomes more pronounced in bear markets, with many traders experiencing insomnia and severe anxiety.
If you are a licensed therapist, you can advertise your services on crypto forums or social media. Organize face-to-face or online meetings and offer your advisory services. They can be individual or group therapy sessions. However, this only works if you have at least a basic understanding of what’s going on in crypto.
Juridical services
Crypto companies are always looking to expand into new markets. Sooner or later they will need the services of a commercial lawyer to offer them legal advice on how to structure your business in different jurisdictions. If you are a practicing lawyer who understands the crypto space, this could be something for you.
It can advise crypto companies on how to structure their products and services, following the legal frameworks that govern their jurisdictions. This will go a long way in reducing any split between business, government and any other stakeholders. Also, don’t forget the legal battles in the crypto space that could bring in new customers as well.
Second passports for crypto investors
Crypto investors may opt for a second passport to another country for many reasons. These include protecting your wealth from unilateral government seizures, avoiding censorship, finding low-tax jurisdictions, and more.
It could advise and help the “whales” to obtain second passports to destinations where they can secure their important cryptocurrencies. In return, they may pay you a facilitation fee.
Create a container for Bitcoin and crypto miners
Bitcoin (BTC) and crypto mining farms are large pools of miners housed in a warehouse. Setting up a mining farm requires quite a bit of investment and cheap electricity. In the beginning, setting up a mining farm was a simple task, but that is more difficult to do today.
For example, Enigma, a crypto mining farm was initially set up in a complex of nondescript metal buildings. Entrepreneurs can offer services to help set up warehouses or containers for mining platforms. This can be customized depending on the resources and size of the operation. Also, crypto mining at home it is also attracting more enthusiasts, and they also need mining-related products.
Cleaning and basic maintenance for mining farms
From a simple light rig cleanup to troubleshooting technical issues, he can offer basic maintenance services for Bitcoin mining operations. This may include blowing off the tops of the decks with a blower while production is still in progress. Deep cleaning will involve dismounting the platforms, entering the platforms, and performing a deep slide.
Additionally, you can inspect mining rigs for jitter, change broken GPU boosters, etc. You can approach a mining farm and negotiate a part-time contract to perform this service.
Supply frameworks for GPU miners
Build boxes or frames and supply them to mining rig companies. Alternatively, you can list them on online shops or forums for individual crypto miners who may be looking to replace or upgrade their hardware specs. You can build a low-cost mining frame or create one that can accommodate up to 12 graphics cards. You can accept fiat or cryptocurrency payments.
Harnessing the power of crypto mining
The heat produced by Bitcoin mining can be used to heat residential homes. This requires running multiple mining rigs at the same time to produce enough power to heat a facility or home.
Just recently, crypto miner Green mint announced a partnership with the city of North Vancouver, to generate enough power to heat 100 homes. The energy can be sold for a profit.
Design accessories for hardware wallets.
You can also create fancy designs for hardware wallets and introduce them to the companies behind popular hardware wallets like Trezor and Ledger. These accessories can be functional in design or simply aesthetically pleasing to users. Well, there are also many others accessories ideas that could turn into a lucrative stream of income.
Get a job at a cryptocurrency company
Finally, the crypto space is always in need of a large workforce. Cryptocurrency-friendly businesses are now looking to hire the right talent, including developers, digital marketers, content writers, UI/UX experts, business developers, and many more.
Crypto companies also offer attractive salary packages that can also include compensation in digital currencies, if you want to get your hands on some crypto after all.
_____
Learn more:
– 6 NFT Use Cases That Will (Likely) Remain After The Hype Dies
– 5 Ways Inexperienced Crypto Investors Can Cope With Highly Volatile Markets
– How to buy Bitcoin without identification in 2022
– Is Solo Bitcoin Mining Making a Comeback?
– 3 ways to invest in Ethereum without buying ETH
– Seven Bitcoin IRA Accounts, Reviewed for 2022
[ad_2]