Bitcoin Faucet Article
Familiar with Bitcoin? It was the talk of the world lately though it started
way back years ago. I would be talking about Bitcoin Faucets, but let me
give you a brief introduction to Bitcoin before going through faucets.
Bitcoin is known as a “cryptocurrency” or another form of digital cash
which can be used for purchasing or even paying a debt from a friend. It
really is just an app or computer program, you need to use a digital
wallet for you to receive or store Bitcoin. This is where you send or
receive payment in form of Bitcoin.
Well you may ask how would you acquire Bitcoins right? Once you have
a wallet, you can receive payment through your wallet if you do sell stuff,
or you can purchase Bitcoins and store them in your wallet, and you can
also earn them through mining or Bitcoin faucets. Faucets are a form of
reward system, there are tons of apps and websites that offer Bitcoin
mining or Bitcoin Faucets as some call them, Why would they pay you
right? Well, every app or website varies in ways on how you get
rewarded, it’s either they pay you for watching some advertisements or
filling up some captcha or some other small tasks that the website or
app asks you to do. Doing these small tasks, you get rewarded with what
is commonly known as Satoshi, which is about a hundredth of a millionth
Bitcoin. These Satoshis can be mined depending on the time interval
that the website or app give. Other apps give out around 250 satoshi
every 10 minutes while others give more or less than that. You make an
account in a website or an app, link you Bitcoin wallet, mine as much as
you can in every website you get you hands on and then put all your
earnings in your wallet. But before you do that, you need to check out
how much Satoshi is needed for a minimum withdrawal. Some apps
require just 3000 Satoshi and you can withdraw them to your Bitcoin
wallet. Others require a lesser amount, but I did had my hand mining for
an app where you can only withdraw your Satoshis once you reach
500,000. Which is a lot if you just mine it in one app or website.
You might say that a Satoshi costs almost nothing, so why spend time
mining them right? I thought of the same thing too, but then I realized
how much a single Bitcoin costs. As I am writing this, A single Bitcoin is
equivalent to $748.18 dollars. It won’t make you rich but at least you
earn something while surfing the internet right? And I realized that in
order for you to earn a Bitcoin fast, you need to have multiple faucets at
your disposal. Let’s put it this way, Imagine having 30 faucets that you
can mine every hour which give you 250 Satoshis from each of them.
That’s already 7500 Satoshis an hour, imagine mining for 10 hours
everyday. That’s 75000 Satoshis a day. It’s not much but, a lot of
websites give away Satoshis in just minutes, which means you might
earn more than what I said everyday. As I’ve said, it won’t make you rich,
But at least your earning something.