bitcoin faucet

Just after Bitcoin started gaining some name, a new trend began – Bitcoin Faucets. In Bitcoin Faucet, every user is entitled to free Bitcoins every few minutes or few hours, depending on the site.

This free Bitcoins comes as a reward for spending the time to click a button once in a while. Those Bitcoin faucets websites give you free money hoping you will generate some income while clicking an ad, or even just viewing one. It sounds like a win-win situation, and it is it.

For example, I have just signed up with MoonBitcoin to show you guys how much money can you make with one of the best rewarding faucets out there (of course you can always sign up to 20 of those and make more money). On registering to the website I have received the astonishing amount of 59 Satoshi (0.0000059 BTC), I clicked claim and the money transferred to my account quickly. This sum is worth 0.0045$ not a satisfying pay.

Next, I can try to claim money every few hours to see how much it generates, so according to their website: “The faucet will gradually fill up – quite quickly initially, but it will slow down over time – until you make a claim. So the longer you leave it, the more you will be able to claim.”, it means I need to wait a few hours to see how much can I generate in the long run.

I made that calculation fast with just doubling the amount I have got after the first 30 minutes (image below).

Moon Bitcoin Faucet

29 Satoshi * 2 (1 hour) = 58 Satoshi * 24 (1 day) = 1392 Satoshi * 7 (1 week) = 9744 Satoshi = 0.0009744BTC = 4.52$ In 1 week.

Keep in mind those sums should slow down and probably be less than I calculated.

In conclusion, While it is impossible to earn an honest pay from those faucets it is possible to generate free Bitcoins and start your Bitcoin adventure slowly. You can signup to MoonBitcoin here, and let me know in the comments if you want me to recommend a few other Bitcoin Faucet.