Bitcoin Faucets - Introduction

What is bitcoin?

Bitcoin can be described as decentralized digital cryptocurrency. It is created and stored electronically, either on your computer or in online wallet.Bitcoin is decentralized currency, which means that there is no central goverment or other authority that is controling printing. Bitcoins aren’t printed, like national currencies – they’re created by individuals or companies, running computers all around the world, solving mathematical problems.

Because its creation involves using cryptography Bitcoin is consider cryptocurrency.

What is Bitcoin faucet?

Bitcoin faucet is a website where you can get certain amount of Bitcoins smaler part called Satoshi just by visiting and solving a simple captcha to prove that you are not robot. There are also faucets where you can get other kind of cryptocurrency, usually called altcoins.

Although they are not giving significant amounts of satoshies, every faucet has referral programme which allows you to earn much more by referring other users, and that is a good way to get some free bitcoins without investing any money in it. With more and more businesses adopting bitcoin every day, and more people investing in it, there is a great prospect in future for rising of bitcoin value.

Next big event that can impact price of Bitcoin is, so called Bitcoin halving, that is scheduled to happen in the middle of July. Bitcoin halving is reduction of miners reward for 50% ( half of current reward ), and it will occur after block 420 000.Since bitcoin price is already experiencing increase, such reduction of supply must inevitably lead to further price increasing at least until end of july. So if you will use faucets keep the satoshis that you are earning at least until end of july. Bitcoin price increasing will lead to decreasing in faucets rewards, so get free satoshis now, while the rewards are high.

Bitcoin Faucets List

On this blog I will present to you List of Best Bitcoin Faucets which will be ferquently updated        ( minimum once per day ) with legit and paying bitcoin faucets from three micropayment processors: Faucebox, Paytoshi and Epay, and also with some of the best faucets that pay directly to your bitcoin adress without using of micropayment processors.

This List of Best Bitcoin Faucets mainly consits of bitcoin faucets with short interval between claims. Most of the sites in this list have intervals between claims of 15 minutes or less, so when you finish with all faucets on the list you can start all over again.

Why should you use this list?

Every day new faucets appear and every day some faucets dry up, or become scams. New one will be added on this list after testing, and dried one will be removed. Checking it by yourself can consume lots of time. Time that you can better use to earn more free satoshi.

Anyway, I don't always delete faucets from the list immediately after they dry up, nor I add faucets immediately when they show up. New faucets I test for several days after they appear, and, in the case of old one, that last for long time and have already proved that they are stable, I wait for few days that they fill up.

At the end, If you have some spare time that you want to use to earn money online, I invite you to try bitcoin faucets rather than PTC sites, MLM schemes or something similar. On short terms it can look like slow earning, but there are several benefits. Firstly you are getting your earnings immediately, because payment thresholds are very low. Secondly, cryptocoin community much quicker accepts new things, so it is much easier to get referrals for new faucets than for above mentioned PTC sites. Easiest way to get referrals is to post something on bitcoin forums and to put referral link in signature on your profile. At the end, most important, there is a 90% chance that you will get something that will be worth more every consecutive year, and you will get it for free.

So, the great change in concept of money is happening, jump in the train while there are free seats.