I recently wrote an article in which I considered the possibility of CryptoTab Browser gaining more traction as the Brave Browser referral program comes to an end. I have never used cloud mining or browser mining services before due to the notoriously low returns and many scams, so I decided to download CryptoTab and give it a run so I can at least see first hand how it operates. Actually, I did look at the Coinpot miner sometime back and was actually quite shocked at how slow it took to produce a single satoshi. Anyway, after running CryptoTab for a while I noticed that the mining speed was significantly faster than I had anticipated but still not great. Running CryptoTab on a single device will take a while to produce significant amounts of BTC. However, being able to add as many devices as you like to your network does increase the mining rate and gives CryptoTab an edge when compared to other competitors in the market. I think the most important aspect is that it is truly passive. I can run the miner in the background and withdraw my BTC much later on without ever needing to lift a finger.
Many people utilizing CryptoTab make use of old laptops and tablets, as well as their current devices. In so doing, they have 5 to 10 devices running CryptoTab and daily profits are much higher. CryptoTab mines with your spare CPU and not your GPU, so the only electricity cost is the standard cost to running your laptop, which is barely anything and considering it is already running and using power throughout the day, it makes sense to get something back.
The True Potential
Users who are good marketers or who have an existing network would most likely find the referral program very profitable due to the compensation structure. The Crypto Wealth YouTube channel has taken the referral program and utilized it to the fullest. The latest count I was able to screenshot is a whopping 49 360 referrals.
What is important to note is that he did not personally invite or refer all these users. The referral program runs 10 levels deep, which means as a referrer you are earning on your referrals and their referrals, all the way to the 10th level.
This has a massive compounding effect and can literally turn CryptoTab into a fully passive Bitcoin machine. I guess CryptoTab is much like anything else, a half-hearted attempt will leave you unimpressed, while a dedicated approach can offer up a way more satisfactory result.
In the same way as some writers on Publish0x earn a few dollars a month, while others are earning up to $100 a month or more. It is not luck but the result of a dedicated effort. The one advantage CryptoTab has is that it can actually become completely passive, once an initial network has been established.
CryptoTab actually mine Monero, which is a lot more cost efficient to mine than Bitcoin. Earnings are then converted into BTC on your dashboard. This is also why some antivirus software will flag CryptoTab. A while back there was a lot of crytojacking taking place with Monero mining scripts. Cryptojacking is the practice of installing mining scripts to websites and then to mine on visitors computers without their knowledge or consent.
When installing CryptoTab you are doing so in order to mine Crypto and have authorized the activity. This is a legal and passive way to earn additional income via your own devices.
Considering the fact this is all totally passive, I have decided to run CryptoTab on my devices, especially as BTC is at the start of a new super cycle. Whatever I earn in the next year or so will be multiplied many times over by a parabolic BTC price surge.
As always this is not investment advice or an endorsement of CryptoTab. Do your own research and decide accordingly.