The concept of Bitcoin Faucet It is not new. It was first introduced by the
main Bitcoin developer, Gavin Andresen in 2010. Andresen was the one who created
the first Bitcoin faucet. This gave a reward of 5 bitcoins for completing simple
tasks.
In this way we can define Bitcoin Faucet, as a reward system from which small
amounts of bitcoins can be obtained, known as satoshis. a Satoshi is the
smallest of the bitcoin units of account that exist. These rewards are delivered
to users after taking a certain action. For example, solving captchas,
participating in games, or simply viewing advertisements.
Keep in mind that nobody will give you free bitcoins, so if that faucet is from
a cryptocurrency that is listed on a exchangeNormally, you will receive that
cryptocurrency in exchange for your time or see advertising. Activities that
hardly cost you, but with which the owner of the faucet will earn enough to give
you a share.
However, there are faucets that give away worthless cryptocurrency, as is the
case with cryptocurrency faucets testnet. Below we leave you some examples.
Bitcoin faucets all operate in virtually the same way. Its operation is
mainly based on solving simple tasks and participating in established
activities. Thanks to these activities, bitcoins can be obtained periodically.
For example, Bitcoin Faucet, the first faucet developed, allowed 5 bitcoins to
be acquired from time to time. Users only had to complete certain functions on
the web to receive this reward.
However, each faucet can independently set how many cryptocurrencies they are
going to award as a reward. And the time that must elapse for users to claim
them.
On the other hand, to register on one of these websites you only have to enter
your email address and your address wallet where you want to receive the
bitcoins. Most will also ask you to complete a captcha to confirm that you are
not a robot. And once this process is completed, you can start to perform the
requested tasks to accumulate satoshis, which you can then transfer to your
wallet.
However, although it may seem like an easy and simple process, remember that you
will invest your time. So you should first analyze the conditions offered by
each website to assess whether it will be worth it or not. Also keep in mind
that these pages deliver very small rewards. Hence its name faucet or source.
Now surely you have heard about the ability of the faucets to generate a lot of
money and at this point you wonder, is it true? Well, we will answer this
question below.
Gwaher 2021