What's Bitcoin Faucet?
Bitcoin faucet is a
World Wide Web website that gives out "free" bitcoins (BTC) in exchange
for doing a simple task, such as clicking on an advert, solving a
CAPTCHA, or viewing a webpage for a certain amount of time.There are
also faucets that dispense alternative cryptocurrencies.
Faucets usually give tiny amounts that typically fluctuate according to
the value of bitcoin. Typical payout per transaction is less than 1000
satoshi, although many faucets have random larger rewards. Normally
faucet saves up these small individual payments in its own ledger, and
they add up to make a larger payment that is sent to your bitcoin
address. This is to reduce mining fees. Some faucets use immediate
off-blockchain transactions, which have no fees.
Bitcoin faucet rotators can 'rotate' through a large list of faucets by
clicking a button on a single websites, meaning more sites can be
visited than entering the URL of site after site. The website earns
money through a referral system for each website visited. Faucet
rotators can also prioritize faucets by their level of average payout
and will only visit sites if the time limit in between payouts has been
reached.
