How to Get a Free Bitcoin Lottery Miner: A Theory vs Reality

Want to know how you can get a free bitcoin lottery miner? In this article we talk about a theoretical way to get a Bitcoin lottery miner for free that has worked in the past, is not exactly free but will it work again? Theories aside, I also tell you how you can get a real Bitcoin lottery miner for free as well.

How to Get a Free Bitcoin Lottery Miner: A Theory vs Reality

Want to know how you can get a free bitcoin lottery miner? I bet you do, who wouldn't? In this article I'm going to discuss a method I used to Return on my Investment on a Bitcoin lottery mining device I purchased. Ultimately, there is nothing free about my theoretical method, also it's only theoretical because it isn't financial advice. Just because something worked for me in the past does not mean that it can work again in the future. Now if all you did was come here looking for a free Bitcoin lottery miner, don't worry, I'm still going to tell you how you can get a real Bitcoin lottery miner for free. If that's all you're interested in just skip ahead to the end of this article.

ROI, Return on Investment

Now depending on how familiar you are with lottery mining Bitcoin you'll either know or you won't about the ability for lottery miners to return on their investment. In short, they don't and it's usually not possible. That means if you want to lottery mine Bitcoin you need to either pay for a lottery miner, pay for the parts so you can build one yourself or you can get one for free from a giveaway. So unless you're getting your miner for free the chances of you actually returning on your investment are slim to none. Typically.

I say typically because a couple of years ago, when I developed an interest in lottery mining Bitcoin I saw this. I went into it knowing the device I was buying to lottery mine Bitcoin wasn't going to pay for itself unless it solved a block and the chances of that were way less than 0.0001%. However, I noticed something.

I noticed something so obvious it's going to make me look like a genius just by telling this to you. Do you want to know what I noticed? I noticed the price of Bitcoin. Again, what I'm about to tell you isn't financial advice just my experience and a theory it developed.

Part of mining Bitcoin and an important part especially for large operations is your ability to get your initial investment back for the bitcoin mining equipment. It's important because after you get your initial back, it's mainly profit minus electricity and maintenance costs. When you run a business, you run it to profit.

Lottery mining Bitcoin is unique in the sense that the device you're using isn't going to be industrial grade/strength typically. You're going to be using small devices that use a low amount of power and they're typically built with older generation ASIC chips most of the time. Some larger home miners are capable of running an s21 pro from their basement but not everyone is really equipped to do that.

My First Lottery Miner

The first Bitcoin lottery miner I bought was an Apollo BTC Full Node, this was sometime in 2022. Now this wasn't the first Bitcoin miner I bought, but it was the first I bought for the purpose of lottery mining. As a complete lottery mining newbie the easiest thing to do was simply run the device and lottery mine to ckpool, and I did that. It was simple to setup, required minimal effort and it's a good device still running today. It was rather costly for the Th's it produced and with the difficulty adjustments increasing it wouldn't be possible to return on the investment of the device.

If I was to do this today as a newbie, which I did this week actually. I would purchase a device for under $200, in my case one of the shops had a sale and I took advantage of the sale and I bought a Bitaxe Gamma. I got a really good deal, it was under $130 shipped and built in the USA.

Now there's a big difference in price between a under $200 Bitaxe Gamma and a $950 FutureBit Apollo Node. Shelling out $950 for a device you know you aren't going to make your money back on is a hard pill to swallow and a lot of people won't do it. Honestly a $200 device makes that pill a lot easier to swallow and a lot more people would be willing to do it.

So what did I do?

I wanted to return on the investment from the FutureBit Apollo but I wasn't going to do it through mining Bitcoin. I looked at the price of Bitcoin, mid $30,000's at the time and I thought to myself, Bitcoin was double that price. If Bitcoin goes back up to where it was $60,000 range than if I were to buy an equal amount of Bitcoin for the amount of money I am spending on the Bitcoin miner, the miner would be paid for when the price of Bitcoin doubled.

The big secret to get a lottery miner for free, was simply to buy an equivalent amount of Bitcoin as the miner cost. So when I reluctantly shelled out $950 for a lottery miner, I also bought $950 worth of Bitcoin.

It's important to note that when I bought this Bitcoin in the mid $30,000 range it was already down 50% from it's top, then it proceeded to fall almost another 50% to under $16,000, yet still managed to climb back to not only where I purchased it but more than double after that. This is also over the course of multiple years and it wasn't fast or overnight. So it's something to keep in mind, there's no guarantees.

The miner, to this day has not made anything back yet the equal amount of Bitcoin I bought is worth more than double of what I payed for the miner. Making the actual cost of the miner $0 or free, it's not technically free because you have to lay out the money, then there's taxes and other expenses.

The strategy I used then is the same strategy I used this past week. I purchased a Bitcoin lottery miner that I know isn't going to return on investment and because of that I also purchased Bitcoin of an equal dollar amount. Once that Bitcoin price doubles, the miner will be paid off. When I did this now, this past week, Bitcoin isn't sitting 50% down in price from all time highs so the variables have changed.

That's the theory, I don't know how it will work out in a few years but there's only one way to find out. What do you think, do you think I will be able to ROI on my Bitcoin lottery miner by simply doing absolutely nothing other than buying Bitcoin? I do.

I want to reiterate this is NOT financial advice, because this worked for me in the past there is no guarantee that this will work for me again now. Part of my belief is that Bitcoin is going to continue to appreciate in value simply because of money printing, Government overspending and an escape from the traditional financial system. There is no guarantee that any of this will happen, the price of Bitcoin could collapse tomorrow, I don't know.

These are part of the risks you take when investing in Bitcoin or Bitcoin mining equipment. The possibility of hitting a Bitcoin block is about 0.00001% for a Bitaxe Gamma on a good day, there is an equal chance the Bitcoin price could collapse to $0. No one knows.

With that said I wanted to share this with people because I found it rather interesting, it was really dumb luck or was it? I don't know, I know it worked so I will try it again. Even though it's a smaller amount of money, it's all relative, it could very well be a much larger amount of money.

This little theory of mine makes me wonder why some of the larger publicly traded Bitcoin mining companies weren't doing this sooner. It's all relative, what I mean by that is there's no difference in spending $130 on a Bitcoin miner and buying $130 worth of Bitcoin or buying $130 Million Dollars of Bitcoin Miners and $130 million dollars of Bitcoin.

You don't even have to plug the miners in because you aren't relying on them anyway to ROI, you rely on the Bitcoin.

It would have to be adjusted for scale but the numbers don't lie and they are all relative. Smaller amounts is less risky and it's obviously easy in hindsight to say it would have been a great idea to buy $130 million of Bitcoin and Miners 3 years ago.

It's an interesting concept, buying something you know is going to depreciate but offsetting that by purchasing an appreciating asset to balance it out like Bitcoin. It's genius, you can get free stuff for the rest of your life if everything you buy you also buy an equal amount of Bitcoin. I'm kidding, but it's something interesting to actually think about.

Just looking for a Free Lottery Miner?

You made it! Whether you skipped ahead and missed out on valuable not financial advice or simply read everything and got a good chuckle you're in luck. Want a free Bitcoin lottery miner? The only way to get a free bitcoin lottery miner if you don't know someone who gift's you one is to enter a giveaway.

Lucky for you I will tell you exactly how to join these giveaways, they are free and all you need to do is follow the shops on X. There is a bunch of shops I have listed in the directory that frequently do giveaways on X for free lottery miners, not all of them do. So, follow them on X or me as I repost, join their giveaways and hope to get lucky! There are other's that have giveaway's that aren't listed in the directory but if you search X you can easily find them. Good Luck!

Published Date: 4/26/2025

Author: LotteryMiner.pw | X