Claim 5-10 satoshi every 5 minutes


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Bitcoin Faucet

Balance: 101965 satoshi

5-10 satoshi every 5 minutes.

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Recent Payouts

DateAddressReward
22.05.2019-08:41:10
17wi4dPTy67j4cYXAN6QuCDCnkE2JhJPNu7 satoshi
22.05.2019-08:40:53
1EYpkHnDryvuWEeMgUVtUYTQtbDDF5axNL9 satoshi
22.05.2019-08:39:59
1Dzdvvy6eayyQES3HQ5kEgWxu6yu83zbaQ7 satoshi
22.05.2019-08:37:53
13gfrEMUs8fBwjMicsGY8an95KpYKC4S6q7 satoshi
22.05.2019-08:37:44
1Kk7HTphpTCHAFnLsdtWJYQUr8uFGj8SGb8 satoshi
22.05.2019-08:37:26
1AKJkUk4dGNcYQp5zu7M4MvmYNRhZsiYio7 satoshi
22.05.2019-08:37:12
1KBY9to6udcAmJ5srrMZVCuzdrYJuyF4ZD5 satoshi
22.05.2019-08:36:14
37dUwT3T7GnXrJarikxV3cM4NHwn2vvHQS20 satoshi
22.05.2019-08:34:52
1EsLBwLxX3XEHZ1TWxt49ayxmKEBUaEf1h10 satoshi
22.05.2019-08:34:46
3PPBG13WsEQM5T2Fqed5j5crwpGyxJR6Dc9 satoshi


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What is Bitcoin?


Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.


Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services. Users can send and receive bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application.


Bitcoin as a form of payment for products and services has seen growth,and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors. The European Banking Authority has warned that bitcoin lacks consumer protections. Unlike credit cards, any fees are paid by the purchaser not the vendor. Bitcoins can be stolen and chargebacks are impossible. Commercial use of bitcoin is currently small compared to its use by speculators, which has fueled price volatility.


Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144,000 bitcoins worth US$28.5 million at the time. The US is considered bitcoin-friendly compared to other governments. In China, buying bitcoins with yuan is subject to restrictions, and bitcoin exchanges are not allowed to hold bank accounts.


What is Bitcoin Faucet?


Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies. Rewards are dispensed at various predetermined intervals of time. Faucets usually give fractions of a bitcoin, but the amount will typically fluctuate according to the value of bitcoin.


Faucets are a great way to help introduce new people to bitcoin, or to your favourite altcoin. Many faucets provide information to newbies as well as offering them some free coins so that they can try before they buy, experimenting with a test transaction or two before putting real money on the line. Since this whole area is so new and a bit scary to some people, who perhaps don't quite trust it with their hard earned cash yet, this is a great way to promote digital currency and bring in new users.


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