Hedera Hashgraph offers a community testing program where you can earn hbar by testing micropayments using their browser extension and sending it on the Hedera mainnet.
Sounds complicated? No worries, I will guide you on how to test the Hedera mainnet so you can earn hbar.
You can earn up to 350 hbar(ℏ) by testing Hedera mainnet
After the success of Hedera Community Testing Program Phase I, Hedera has set 200 million ℏ aside for phase II (and beyond) of its testing program. For the phase II, 100,000 individual testers will be allowed the chance to earn up to 250 ℏ. And soon an additional 100 ℏ on top of their existing cap by testing Hedera’s smart contract functionality on the mainnet.
Wait, what is hbar(ℏ)?
Hbar (ℏ) is the native cryptocurrency of the Hedera public network. Hbars are used to power decentralized applications, build peer-to-peer payment and micropayment business models, and protect the network from malicious actors.
On the other hand, if you want to know more about the beauty of this coin, check this official info from Hedera Hashgraph.
Earnings Computation
According to hbarprice.com, the current price of hbar is $0.12.
So to sum it up, we can earn up to:
- 250 ℏ + 100 ℏ (for the smart contract testing) = 350 ℏ
- 350 ℏ * $0.12 = $42.00
$42 for beer. Yey~ (○^ω^)_旦~~♪
For beer’s sake I know you’re excited, of course I am too. Without further ado, let’s jump already to how we can start the testing.
Oh, oops wait. Before that, here’s the background of what you will do for the first cap and the concept so you’re ready.
Hedera created a media site, dailytimestamp.com, for testing the mainnet. On this site, you’ll approve the exchange of an amount of hbars to view an article, watch videos or listen to podcast. But in order to do so, the Hedera Browser Extension must be installed to make the cryptocurrency transaction (micropayment) and send it to Hedera mainnet. By doing so, you’ll gain 5 ℏ per exchange and you can earn up to 250 ℏ in this task.
Okay, I’m ready! Let’s start testing Hedera mainnet and earn hbar.
To test, you’ll first need to:
- Create a Hedera Portal profile here and complete identity verification (KYC)
Why is KYC required?
During the community testing period, anyone receiving hbars from Hedera or through use of the Hedera Network must go through the KYC and sanctions screening process to ensure compliance with applicable law. View Hedera FAQ >
Hedera Wallet For Android
Hedera Wallet For iOS
- Add the Chrome Extension – Hedera Browser Extension
- Visit dailytimestamp.com
To get started, log in or create your Hedera Portal profile. In addition, you can also follow step-by-step directions here.
I’ve done everything above and my KYC was approved, yey! How to earn hbar by testing Hedera mainnet?
Detailed instuctions on testing the mainnet and the earning process will be shown here once Dailytimestamp operation resumed. Stay tuned!
I’ve earned the 250 hbar limit, what now?
Well, the community testing is not finished yet. Soon they will add 100 ℏ for testing Hedera smart contract functionality on top of the 250 ℏ cap. Of course, you have a choice to exchange your hbar (ℏ) to USDT or DFL on DFLOW or in any exchange where it will be listed on the future. But I advise against it, seems that the coin will have a great future so its better to hold up your hbar, wait and let the price boom.
For more beer in the future, cheers! (*｀▽´)_旦~~
Interested in earning more?
Cryptocurrency is becoming popular nowadays because of faucets. Haven’t heard of faucets before? They literally give free money. Yes, you heard that right, they exist. But a big BUT, not all faucets are legit and some are targets of scam so be real careful.
Here are the best legit cryptocurrency faucets you can really trust that pays. The list was made by yours truly, I have researched day and night for this for your safety. Also, I regularly update my content and only cover legit and paying innovations.
Moreover, this new application called BIGtoken lets you sell your data to also earn some cash. Interested? I have made a very complete guide about BIGtoken and also a review about it. Check the link to know if its legit or not. Have a good day folks.
Need more help?
Don’t worry. I’m here for you. You can contact me through any of my socials above and I’ll be happy to give you more instructions.
To know more about me check my about page. Moreover, to see more content like this check the homepage of my blog.
Cheers!
Chief Editor and Website Owner.
Hey, I’m Ryan, a software guy and the owner of Money For My Beer. I’m the one making sure all our posts on the site are awesome.
I usually handle tech stuff that might not be super interesting to everyone, like programming enterprise software, apps, games, and websites. Cool stuff, right? I also help clients with SEO and sometimes create games.