This paper investigates a passive control method of a point absorbing wave energy converter by considering the displacement and velocity constraints under irregular waves in the time domain. A linear generator is used as a power take-off unit, and the equivalent damping force is optimized to improve the power production of the wave energy converter. The results from nonlinear and linear passive control methods are compared, and indicate that the nonlinear passive control method leads to the excitation force in phase with the velocity of the converter that can significantly improve the energy production of the converter.