With Defi rising up, passive income became a mainstream subject among crypto users ! We can see it everyday on Publish0X newsfeed !
In this post, I will be presenting a new method I use to mine BFG tokens using less BTC, showing numbers and figures.
In a nutshell, I personally use Celcius Network and earn in CEL to increase my loyalty level with time. I also chose to stake ETH 2.0 on Binance for simplicity.
But isn't this article about mining BFG tokens on Betfury ?
It is ! But an introduction about the state of mind we need to get into was important. This article will display numbers, figures and maths ratios about mining BFG token on Betfury.
In a nutshell, Betfury is one of the most popular online casino using crypto as currency for betting. What's interesting about it is that you generate BFG tokens that can be staked to earn up to 350% APY. For more informations, look for it up-there on the search-bar of Publish0x !
If you don't own a Betfury account, you can use my referral link here : Sign Up for Betfury
The point is to generate as many BFG tokens as possible while burning as little BTC as possible on the way ! That's what I call "Mining BGF tokens"
As I said, recently I've read a lot about "miracle techniques" to mine BFG tokens on Betfury... but none of them with figures and numbers. I tried some of them with a small amount of satoshis but each and everyone of them got me loosing it all.
All of the techniques I'm about to explain are on the Dice game.
And before continuing, be sure to understand me well : What's following is not an investing advice, think for yourself, do the maths, take a step back and make your own decisions 👌🏻
We all have a gambler in us but in this article I will ask you to pack it up for a while and continue reading with a very pragmatic way of thinking !
Get to the point !
So ! I tried 2 different techniques :
- The mainstream technique
- The maths technique
Some may have their own technique, feel free to share it in the comment section !
1. The mainstream technique
The most popular technique is to bet that the result is going to be lower than 95, activate the fast option, set the bet value to minimum, switch in auto mode and press Start.
It is based on the principle that because you have the greater chance to win, you will do the most bets and it will generate a lot of BFG tokens.
If you use this technique, you assume that you will lose your BTC in the end
My numbers :
I tried this with different bet amounts and tried to evaluate 2 ratios : BFG by seconds & BFG by BTC.
For a bet of 1 sat on one device :
- BFG/s = 0.000307907
- Bfg/BTC = 595 947
For a bet of 10 sat on one device :
- BFG/s = 0.003245727
- Bfg/BTC = 433 045
For a bet of 100 sat on one device :
- BFG/s = 0.029346367
- Bfg/BTC = 279 134
The BFG/s ratio seems linear and the BFG/BTC ratio decreasing if you raise the bet amount which confirm the hypothesis. I got better results betting the smallest amount of satochis.
At the end of the day, you will burn all your BTC to get BFG tokens... I did it and it was not satisfying at all !
A question kept running in my head : Can I find a way to mine BFG tokens without loosing all my BTC ?
If you do the maths, the answer is No. But you can minimise the chances of loosing BTC and use third party services to lower the loss at its minimum.
2. The maths technique
This technique is to bet that the result is going to be lower than 18, activate the fast option, set the bet value to minimum, switch in auto mode, increase the bet value by 25% on loss and press Start.
This time it is based on the Martingale technique that allows to win over the roulette game (theoretically haha ^^) ! If you double your bet every-time you loose, you'll always end up winning.
On this one, we are not expecting to win most of the time but we hope to win regularly. In fact, if you loose, your bet raise up by 25% and because the multiplyer is more than 5times the bet, in fact you compensate your old bet with the new one.
The only thing that can get you bankrupt is that you don't have enough BTC to place the next bet. What is important here is this ratio :
Initial bet / Wallet amount
If you raise the initial bet too high, the probability to drain your wallet rise up
If you keep it very low, your BFG/s will be very low too.
You have to try different ratio by yourself to find out what is acceptable for you.
My numbers :
I tried this with different bet amounts and tried to evaluate 2 ratios : BFG by seconds & BFG by BTC.
For a ratio of 0.001 on one device :
- BFG/s = 0.00321885
- Bfg/BTC = 1 803 760
The BFG/s ratio seems similar to the 10 sats bet I mention earlier and the BFG/BTC is much higher ! For now everything is going well and the amount of BTC is decreasing very slowly for me :
At the end of the day, you will burn all your BTC to get BFG tokens... but in the meantime you mine a lot more BFG tokens !
One more thing :
Betfury is giving cashback on the BTC you lost during your mining process. With the second technique, I found the amount in the cashback a lot bigger than withe the popular one
And don't forget to withdraw the cashback twice a week ! It will be lost if you don't !
That's all folks !
I really hope you enjoyed reading this article !
All the numbers were stored and calculated in boring Excels so I just displayed the results here 👌🏻
I will say it one more time to be sure it's clear fore everyone :
The techniques I explained here were not an investing advice, think for yourself, do the maths, take a step back and make your own decisions 👌🏻
See you !
OshO
If you want to support the author, feel free to use my referral link to register for Betfury :
Sign Up for Betfury
You can use also the links in the ressources to get some free cryptos 👇🏻
