How to make money with Worldcoin in Kenya

Carson O.
6 Min Read

Worldcoin is a new cryptocurrency that is currently in the development phase. It is a unique project that aims to create a global ID system based on biometrics. In Kenya, there are several ways to make money with Worldcoin. This article will therefore take you through the various ways you can leverage Worldcoin and make money from it.

Let’s dive in!

1. Become a Worldcoin Orb Operator

One way to make money with Worldcoin is to become a Worldcoin Orb Operator. Orb Operators are individuals who operate Orbs, which are devices that scan people’s eyes to create a unique ID. As an Orb Operator, you will earn Worldcoin or fiat currency for every person you sign up with an Orb.

To become a Worldcoin Orb Operator, you will need to complete an application form and pass a background check. Once you are approved, you will be given an Orb and training on how to use it.

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This application period started some time back before the cryptocurrency was launched. In Kenya, several agents had successful applications that were approved and orbs were shipped to various locations in the country.

2. Refer people to Worldcoin

Another way to make money with Worldcoin is to refer people to the project. When you refer someone to Worldcoin, and they successfully sign up, you will earn a commission. The amount of the commission will depend on the number of people you refer.

To refer people to Worldcoin, you can share your referral link on social media, or through word-of-mouth. With word of mouth, you will have to ask the people you refer to input your referral code once they register.

You can also use the Worldcoin affiliate program to track your referrals and earn commissions. This is only possible if you have already registered for Worldcoin.

3. Mine Worldcoin

It is also possible to mine Worldcoin. However, mining Worldcoin is a very competitive process, and it is not guaranteed that you will be able to mine any coins.

According to CoinWarz, it would take 0.008 days to mine 1 Worldcoin at the current Worldcoin difficulty level along with the mining hash rate and block reward; a Worldcoin mining hash rate of 9,500.00 MH/s consuming 3,425.00 watts of power at $0.10 per kWh, and a block reward of 10.37887338 WDC.

A lot of jargon? Here is the simplified version:

a) Time and Effort

At the current difficulty level, it takes a tiny fraction of a day to mine just one Worldcoin. To be more precise, it’s roughly 0.00001048677 days. Thanks to high-tech mining equipment and a strong mining hash rate of 9,500.00 MH/s, the process is faster than ever before!

b) Cost Involved

Mining Worldcoins does come with some costs. The mining equipment consumes electricity, and at $0.10 per kilowatt-hour, mining one Worldcoin costs approximately $0.3425 in electricity bills.

Therefore…

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To mine Worldcoin, you will need a powerful computer and specialized software. You will also need to join a mining pool, which is a group of miners who pool their resources together to increase their chances of mining a block. This will reduce the economic burden of mining on your side.

4. Trade Worldcoin

Once you have some Worldcoin, you can trade it on cryptocurrency exchanges. This is a good way to make money if you believe that the price of Worldcoin will go up in the future.

However, it is important to remember that the cryptocurrency market is very volatile, and the price of Worldcoin could go down as well as up. Therefore, it is important to do your research before you trade Worldcoin.

Conclusion

These are just a few of the ways to make money with Worldcoin in Kenya. As the project develops, there may be other ways to earn Worldcoin in the future. If you are interested in making money with Worldcoin, I recommend that you research the project and learn more about the different ways to earn coins.

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Here are some additional tips for making money with Worldcoin in Kenya

  • Be patient – The cryptocurrency market is volatile, and it may take some time for the price of Worldcoin to go up.
  • Do your research – Before you invest in any cryptocurrency, it is important to do your research and understand the risks involved.
  • Be careful who you trust – There are many scams in the cryptocurrency world, so it is important to be careful who you trust with your money.

Good Luck!

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I am a multi-faceted professional with a strong foundation in Business and Finance, honed since 2020. Additionally, I possess a deep passion for automobiles, serving as an avid car enthusiast. In parallel to my diverse interests, I am also a dedicated student pursuing a career in the medical field.
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