Incredible profit through faucets
What is a bitcoin faucet?
You go to a website they give you free Satoshi (one millionth of a bitcoin) for doing either a simple click or Captcha. Faucets work by redirecting some of the money from ads to the people who visit the website. A different variation of the faucet websites are faucet rotators, which essentially combine many faucets. Some faucets and faucet rotators include a referral system that gives more Satoshi based on the amount people you refer. Satoshi is not the only currency given out, many give out other altcoins with the name somealtcoin(shi). In order to get started all you need is a bitcoin address or some altcoin address
Examples
https://99bitcoins.com/bitcoin-faucet/
This just asks for a captcha and requires to register
http://moonliteco.in/
This is different style of faucet, it passively adds litoshi but it slows down overtime. All you need is a litcoin address.
http://coinclicker.com/
This is the only faucet rotator I tried. I forgot..
My experience with faucets
Faucets sound like some easy free money, right? To a beginner like myself, I was thrilled to finally get some bitcoin. I found that the best strategy was to go and read something else and just write a captcha passively. All I really wanted was some money on my bitcoin wallet, so I decided to just give it a try even if I do get like 1 penny. I did this for about an hour then I noticed that it required 13000 Satoshi in order to be able to take out money but I was only getting 20-30 Satoshi every 5 minutes. So.. some math
Math
USD per hour
(25 Satoshi/ 5 mins)*60mins = 1500 Satoshi/hour
http://www.btcsatoshi.com/ which in USD gives .04/hour
You go to a website they give you free Satoshi (one millionth of a bitcoin) for doing either a simple click or Captcha. Faucets work by redirecting some of the money from ads to the people who visit the website. A different variation of the faucet websites are faucet rotators, which essentially combine many faucets. Some faucets and faucet rotators include a referral system that gives more Satoshi based on the amount people you refer. Satoshi is not the only currency given out, many give out other altcoins with the name somealtcoin(shi). In order to get started all you need is a bitcoin address or some altcoin address
Examples
https://99bitcoins.com/bitcoin-faucet/
This just asks for a captcha and requires to register
http://moonliteco.in/
This is different style of faucet, it passively adds litoshi but it slows down overtime. All you need is a litcoin address.
http://coinclicker.com/
This is the only faucet rotator I tried. I forgot..
My experience with faucets
Faucets sound like some easy free money, right? To a beginner like myself, I was thrilled to finally get some bitcoin. I found that the best strategy was to go and read something else and just write a captcha passively. All I really wanted was some money on my bitcoin wallet, so I decided to just give it a try even if I do get like 1 penny. I did this for about an hour then I noticed that it required 13000 Satoshi in order to be able to take out money but I was only getting 20-30 Satoshi every 5 minutes. So.. some math
Math
USD per hour
(25 Satoshi/ 5 mins)*60mins = 1500 Satoshi/hour
http://www.btcsatoshi.com/ which in USD gives .04/hour
Faucets required to make 10 dollars per hour (minimum wage)
10/.04= 250 faucets
Now let us say you were able to find 250 faucets…Next, in order to transfer bitcoin, it costs money than in order to exchange bitcoin it even more money. Another expense is the power used and now it becomes evident that even assuming you can write captcha without messing up for hours every couple seconds you would make below minimum wage. The only way it can be somewhat profitable is if you live in a place with lower wages or you have thousands of referrals. So yeah don’t waste your time.
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