Bitcoin faucet

Bitcoin faucet is a reward system in the form of a website or app , that dispenses rewards in the form of a Satoshi, who is one-hundredth of a million BTC, for visitors to require in exchange for completing a captcha or function described by the website. There is also taps to refrain alternative cryptocurrencies .

Bitcoin faucet developed by Gavin Andresen, 2010.

Get Bitcoins for free on dailybitcoins.org!

Bitcoin faucet providers

Faucets list – FaucetBOX.com

https://faucetbox.com/en/list/BTC

One Click Faucet — 200 Satoshi every 15 Minutes, 71 days. Hide. 17. BitcoiNaN …. Hide. 79. BitCoinClaimer – High Quality Bitcoin Faucet, 167 days. Hide. 80.

Check Faucetbox · ‎Dogecoin faucets list. · ‎Litecoin 65 · ‎Darkcoin/Dash 41

Easy Bitcoin Faucet

easybitcoinfaucet.com/

Getting free bitcoins made easy with our Easy Bitcoin Faucet. Claim every 10 minutes, get lots of prizes, bonuses and loyalty rewards. Join now!

Bitcoin Faucets | Paytoshi – a new bitcoin micropayment wallet

https://paytoshi.org/faucets

Here is the list of the active Bitcoin faucets paying directly to your Paytoshi wallet. The stats … Premium BitCoin Faucet Collect up to 10,000 Satosh… 164450 …

Top 10 Free Bitcoin Faucets | Blockchain Aliens

www.blockchainaliens.com/top-10-free-bitcoin-faucets/

The Highest Paying, Top 10 Bitcoin Faucets – All on one page to make it 10x quicker for you to claim… so you can earn 10x as much! Bookmark this page and …

Bitcoin Faucet – Free Bitcoin

www.btc-faucet.com/

Bitcoin Starter. Bitcoin … Get started with Bitcoin quickly and easily! FREE Bitcoin … Support the Faucet: 13UfMcteHKMjooNHpNV9L3snGV4mx2PBW7.

Bonus Bitcoin – free bitcoin faucet

https://bonusbitcoin.co/

Bonus Bitcoin is a completely FREE bitcoin faucet paying out up to 5,000 satoshi every 15 minutes. Also, at the end of each day (around midnight UTC) you will …

Bitcoin-faucet.eu | Best free bitcoin faucet

bitcoin-faucet.eu/

Come and get free bitcoins on most generous bitcoin faucet website! Best bitcoin faucet online with highest rewards!

313 Bitcoin faucets as of 04 Dec 2016. Best Bitcoin Faucet List Ever

bit.makejar.com/

313 freshly checked live Bitcoin faucets as of 04 Dec 2016. 0 x 2000+ satoshi, 1 x 1000+ satoshi, 234 FaucetBox faucets. 61 ePay faucets. 1 Paytoshi faucets.

Top 10 Bitcoin Faucets | 99 Bitcoins

Top 10 Bitcoin Faucets

 

There are countless bitcoin faucets, but as with everything else, they weren’t all created equal. That’s why we’re going to breakdown 10 of the best bitcoin …

Btc-faucet 2016: Bitcoin Faucet

www.btc-faucet.co/

Free BTC Faucet 2016 is a “faucet” that rewards you up to 5000 Satoshi (a fraction of a bitcoin) every single hour just for visiting our website. No games, No …

Free bitcoin every 5 minutes for everyone! Join to get them NOW!

takefreebitcoin.com/

TakeFreeBitcoin.com is a free bitcoin faucet that gives out bitcoins every 5 minutes. Just sign up and start making money now!

BusBitcoin Faucet

elenafaucets.com/freebitcoin03/

Top Faucets; Refer … fastbitpay. The best bitcoin investment site in 2016! www.fastbitpay.com … Up to 20% hourly Bitcoin PayPal 260days online. nanoreturn.

Moon Bitcoin – Free Bitcoin Faucet

moonbit.co.in/

Moon Bitcoin is a bitcoin faucet with a difference…YOU decide how often to claim! Free bitcoins. 50% referral commission. Up to 300% bonuses.

List of faucets – Bitcoin Wiki

https://en.bitcoin.it/wiki/List_of_faucets

14.11.2016 – This is an incomplete list of active bitcoin faucets. Each of these websites will give you small amounts of bitcoin for free. Occasionally you need …

Alien Faucet – Bitcoin Aliens

www.bitcoinaliens.com/faucet/

Join over soldiers in killing aliens, of them are online right now! So far, 26433981 aliens have been killed, for 258.19437903 BTC ($196279.86) earnt in bitcoin …

earn more – Field Bitcoins – Free Bitcoin Faucet

fieldbitcoins.com/earnmore/

Field Bitcoins is a bitcoin faucet with a difference…YOU decide how often to claim! Instant and weekly payment options. 50% referral commission.

Field Bitcoins – Free Bitcoin Faucet

fieldbitcoins.com/

Field Bitcoins is a bitcoin faucet with a difference…YOU decide how often to claim! Instant and weekly payment options. 50% referral commission.

Bitcoin faucet – statistics $ FreeBitBox

https://freebitbox.com/faucet/

Free Coins: 3053852, Hourly, Daily, Total. Accepted Claims, 87, 1897, 148011. Accepted Wins, 0, 1, 372. Claimers, 87, 842, 7400. Coins Paid, 20635, 466827 …

Earn Free Bitcoins – The Highest Paying Bitcoin Faucet

https://earnfreebitcoins.net/

Earn Free Bitcoins offers you the opportunity to earn free bitcoins, come and earn now just by clicking a button! High security and support are our core, join now!

Operation

Rewards are allocated to different predetermined time intervals. Faucets usually provide fractions of a bitcoin, but the amount will usually fluctuate depending on the value of Bitcoin. Typical payment per transaction is less than 1000 Satoshi, [note 1] although some faucets also randomly greater rewards. To reduce mining fees , faucets normally save these small individual payments in their own ledgers , which then add up to make a larger payment sent to a user’s bitcoin address.

As Bitcoin transactions are irreversible and there are numerous taps, they have become targets for hackers stealing Bitcoins.

Purpose

  1. To introduce users to Bitcoin : faucets are an excellent way to help introduce new people to Bitcoin, or to alternative altcoins. A majority of the faucets provide information to new users and offer them some free coins so that they can “try before they buy”, experiment with a test transaction or two before real money at stake. Because this whole experience is so new and a bit complicated for people who might not really trust it with their hard money, this is a beneficial way to promote digital currency and bring in new users.
  2. To get traffic : faucets high-traffic sites. It is not so difficult to get a large number of page views per day to a site that gives away free money. If a website has other content or services to promote the Bitcoin users, especially new users, a faucet a good way to get them to make them familiar with the brand.
  3. To make money : To make a healthy profit from a tap website on your own is much harder than just making a popular faucet, but it is still possible. There are a lot of these sites around today, so it’s a very competitive market, and earn enough from advertising to cover the cost of the coins you give away and hosting costs is almost impossible. Adding additional content to a site, or create some sort of unique or interesting twist, the only way to generate an income for the Bitcoin faucet.

Referral system

It is typical of the faucets have a referral system in which existing users refer new rewarded with a pro rata share of new users result from the tap. Unlike illegal pyramid schemes , the results need not percolate to the top of the chain of referrals. The precise legal status of Bitcoin faucets is unclear and may vary from jurisdiction refers to the legality of bitcoin by country .

Notes

  1.  Named afterSatoshi Nakamoto, Satoshi is the smallest unit of bitcoin. 1 Satoshi equals 10 -8 BTC.

References

  1.  Lee, Timothy B. (01/03/2014). “Five years of Bitcoin in a post” . The Washington Post . ISSN  0190-8286. Pulled 01/15/2016 .
  2.  Jason Mick (12 June 2011). “Cracking Bitcoin: digging in a $ 131 USD virtual currency” . DailyTech . Retrieved 30 december 2014 .
  3. Andresen, Gavin (1 March 2012). “Bitcoin faucet Hacked” . GavinTech . Retrieved 30 december 2015.
  4. “The Complete Guide To Making Money from Bitcoin faucets” . 99 Bitcoins . Pulled 01/15/2016.