What is Bitcoin
Bitcoin is a first decentralized digital currency.
The network is run on peer to peer, distributed and decentralized network.
Bitcoin is a payment system without any intermediaries - such as banks or other centralized entities.
You can send Bitcoins to anybody, from anywhere without any other central organizations.
Such system makes it possible to transfer money with extremely low fees, compared to other traditional payment methods.
You can use Bitcoin in any country without any limits and your account can not be frozen.
Sending payments with Bitcoin is as simple as sending an email. You can host a Bitcoin wallet on your computer or mobile phone.
There are also a wide variety of web wallets.
The Bitcoin network is secured by miners - computers who solve advanced mathematical operations to verify new transactions on the Bitcoin network.
When the transactions are verified they are stored in a public and transparent ledger - blockchain.
Bitcoin is completely open source and anyone can view it's code. Bitcoin can change the world of finance. Welcome to the Blockchain. Welcome to the future!
Properties better than money and gold?
When it comes to traditional money - FIAT (currencies such as USD, EUR, CHF,..), the bills are printed on a daily basis - thus all those currencies are inflational, meaning they lose value over time. With Bitcoin there will ever be only 21 million Bitcoins. It has better properties than traditional money and gold - it could be used as a store of value and on top of that it can easily be stored or transferred around the globe in a matter of seconds.
The beginning of the Smart Contracts
Smart Contracts are so called contracts without any third party. If you want to send money to somebody else, you have to trust a third party, such as a bank to verify the transaction. With the Bitcoin,
that central entity is not needed. Once the payment is sent, it is recorded on a public ledger and the Bitcoins now belong to the receiver. It is backed by strong mathematical algorithms and can not be counterfeited.
Bitcoin enables transfer of money and makes payments possible without any third parties - a first ever smart contract.
Satoshi Nakamoto is an alias of the father of Bitcoin. The real identity of the Bitcoins creator remains unknown till this day.
If you want to find out more about Bitcoin and why it was invented, you can read the original Bitcoin whitepaper published by Satoshi Nakamoto here
BTC Faucet - Earn free Bitcoins using our Bitcoin Faucet
What are the payouts
Currently each claim is reward between 250 and 500 satoshis, choosen randomly
What is a Satoshi
Satoshi is an unit and is the smallest amount of Bitcoin and equals to one hundreth of a single Bitcoin( 0.00000001 ).
There are many bonuses available for milestones which reset every day!
How often can i claim my Bitcoins?
You can claim your Bitcoins every 15 minutes
Minimum payment threshold
Once you make a claim, the record is saved into our database, and once the SUM of your claims reaches the minimum payment threshold, the payment will automatically be sent to your address. You can check balance on the Check Balance page.
Minimum payment threshold for Bitcoin is 0.00020000 BTC.
You can use Miner Captcha and Popunder ads to increase your payout. Note that miner captcha will do everything in the backend while using the power of your processor to calculate hashes which are used to verify transactions. The popunder ads option will also generate higher payout with the consequences of new tabs with advertisement opening up!
Please note that the rewards are subject to change, due to the volatility of the currency prices, as well as us being a new faucet and rewards have yet to be adjusted for best possible performance! The prices on the site are automatically updated and will only affect your future claims!