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Step 1
Create Wallet/Bitcoin address. The fastest way of doing this is using blockchain.info I recommend using the bitcoin core client, but this takes some time to sync. Also if you wan't to transfer funds directly to you bank account use coinbase.com(I hate these guys).
Step 2
Set up a blog, all you have to do is sign up for a free or paid site where you can embed ads at.
here is a list of free ones below. (There's more but i'm lazy)
http://www.wordpress.com
http://www.blogger.com
http://www.000webhost.com
After you setup blog just copy/paste a couple posts (To your liking) and your ready for the next step
Step 3
Sign up for a CPM Network (Don't forget Bitcoin address)
This is for bitcoin so go with
http://www.a-ads.com
(They accept the type of traffic im sending.)
But here is a list of other (untested) sites below.
http://www.advertising.com/
http://exponential.com/
http://www.casalemedia.com/
https://www.buysellads.com/
http://www.criteo.com/
https://radiumone.com/
http://www.collective.com/
http://technorati.com/
http://www.adtegrity.com/
http://www.clovenetwork.com/
Step 4
After signing up for a-ads click earn money then create ad unit.
click a size and type in your website(The blog you made).
(If you haven't already make sure to copy and paste you wallet address so you can get paid.)
Copy you ad code and proceed to step five.
step 5
Ad the ad code to the blog you created.
You should definitely know how to do this its basic HTML.
Step 6
Bring some traffic.
We are going to do this by using traffic exchange website.
Sign up for the sites below add your site and download auto-surf app so you can earn points.
Hitleap.com
Otohits.net
Hit4Hit.org
Here are some extra sites you can use to scale up.
easyhits4u.com
10khits.com
trafficg.com
hit2hit.com
trafficexchangelist.com
hitsafari.com
Step w.e
Your done!
you are now making money on auto-pilot. Don't forget that some sites you have allocate your points to your site.
Use your brain add a twist and make it work.
Any questions just post below.
FYI I did not re-read this at all; so, yea read in between the lines.
EDIT: Use VPN (easier to run 24hrs)