If you spend your time claiming from faucets you might wonder what to do with your coins once they are in your wallet. There are several opportunities in the crypto world to earn passively on you accumalated coins.
The following is not investment advice. Always do you own research. None of the below are HYIP.
What is staking?
Proof of stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies, such as Peercoin invented by Sunny King and Scott Nadal, the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e., the stake). In contrast, the algorithm of proof-of-work-based cryptocurrencies such as bitcoin uses mining; that is, the solving of computationally intensive puzzles to validate transactions and create new blocks. – Source: Wikipedia.org
Unfortunately with many staking coins the entry barrier is large but in recent times staking pools have been popping up everywhere. The entry barrier is minimal and very simple to do.
Simple pos pool is a staking pool that supports several coins. This pool is very easy to use, just choose a coin and make your deposit as you would anywhere else. The site also offers a multi-tiered referral system and shared masternodes.
Electroneum (ETN) Mobile Miner
The Electroneum ICO was a huge hit raking in millions. Part of the success was due to the mobile miner. The Electroneum mobile miner only simulates mining but pays out real currency. This mean the app will not drain your battery or use excessive CPU power, jut hit start mining and leave it. The app currently pays about 7.5 per day which is not bad considering the lack of effort involved. The ETN mobile app is available on the Google Play Store. USE CODE 28C4B8 AND GET A 1% BONUS ON EVERYTHING YOU MINE