In this video, I’m going to go through 7 New Passive Income Plug & Play Crypto Mining Projects that allow you to generate a monthly passive income.
Time stamps:
0:00 – How does Plug & Play Crypto Mining Work?
1:58 – Weather Mining
3:45 – Space Weather Mining
5:18 – Vehicle Data Mining
6:18 – Internet Bandwidth Mining
8:38 – The Next Helium Mining Project?
9:19 – People Tracking Miner
9:45 – Multi-functional miner
Crypto Project Links:
1. https://weatherxm.com/
2. https://geodnet.com/
3. https://dimo.zone/
4. https://pktpal.com/
5. https://nitro.network/
6. https://constellationnetwork.io/discover/dor-traffic-miner/
7. https://revofi.com/
Now if you don’t already know, plug and play crypto mining devices are devices that you just plug in and they start earning passive income with minimal work or maintenance on your end.
Typically these devices will provide some kind of real-world value and in return, you’re compensated with cryptocurrency that you can exchange for the currency of your choice.
A great example of this is PlanetWatch. PlanetWatch allows you to plug in air quality monitoring devices in your house and in return for that data, PlanteWatch send you Planet tokens which you can then exchange to the currency of your choice. After you buy the device, there’s nothing else you need to do and you can start generating a monthly passive income.
However, most plug and play passive income crypto projects are more profitable the EARLIER you can get involved.
So, in this video, I’ll go through 7 NEW Plug & Play passive income Crypto mining projects that either haven’t been released yet or are still in it’s VERY early stages, which will give you the greatest potential in generating a monthly passive income.
However, keep in mind that with new passive income crypto projects although they have a higher chance for a greater reward, there is also a higher risk too because these are brand new projects and it’s harder to say how successful a NEW project will be until some time has passed. But by then, earnings are usually not as high as compared to the beginning of a project.
So you have to decide if you want to take a greater risk for a greater potential reward by getting in early or take a lower risk with a lower potential reward and get in late.
And this would probably be a good time to also mention that this video is NOT financial advice and investing in ANY crypto projects can be very risky.
And this video will not be a detailed analysis of each plug and play crypto project. Instead I will give you an overview of each project so you know more or less what it’s like and then I recommend if you see any projects that sound interesting to you to do your own research and due diligence on top of what you see in this video.
Also if you do like any projects in this list, I’ll leave a link in the description to their website so you can learn more if you want to and also get on the waiting list to receive more information when it becomes available.
Anyway, with that out of the way, let’s go through the list and as I go through the list, keep in mind the list is not in any particular order.
First, is WeatherXM…
The WeatherXM miner is a device that is looking to disrupt the weather data market.
Second: Geodnet
Geodnet is another weather data tracking app, but this project is tracking “Space Weather”.
THIRD: DIMO
Dimo is a device that you actually PLUG into your car, not into your house. But it still sounds like a very good and quite interesting plug and play passive income crypto device.
So the way it works is you plug this device into your car and it collects data about your vehicle and then you are rewarded DIMO tokens for providing this data. In addition to earning additional income from this type of device, you can also get some useful information about your car too which is a nice bonus.
FOURTH: PKT Pal
So PACKET Pal allows you to turn your unused internet bandwidth into a monthly passive income:
5th Project: Nitro Network Ion Miner
Next on this list is is NITRO Network. NITRO network works similar to Helium by providing connectivity to iOT devices. And for providing this connectivity you get rewarded NCash tokens that you can later transfer to another currency and then transfer it back to your bank account.
6th on list is… Dor Miner by the Constellation network
This one is super simple. All you need to do is install this door tracker which counts how much foot traffic there is on the door you install it on. You can install this on ANY door in your house or any business location and you get paid tokens in return for this data.
7th on this list is… RevoFi
The RevoFi is Miner is a multifunctional plug and play mining device. What this means is there is more than one way you can earn a passive income with this crypto project. In fact, there are actually 3 ways you can earn from this project.