Ask HN: Bitcoin Faucets

Posted by dtlyst on Sunday September 07, 2014 @05:05PM
from the ask-hn dept.

if one site gives 1000 satoshi every hour (you have to insert captcha text) ; to earn 1 bitcoin (100,000,000 satoshi) you need 100,000 hours, approximately 4166 days (11,5 years). Who is trying to earn free bitcoin from these sites?

( 4 comments | 4 points | on HN )

Re:Ask HN: Bitcoin Faucets by Fastidious on Sunday September 07, 2014 @05:22PM (#8282469)

They are made for two reasons, one they volunteer, one obvious: 1) Show beginners how does it feels to "own" fractions of bitcoin (educative?), 2) Make money. The second is accomplished by advertising, very heavy advertising.

Needless is to say, it is mainly an advertising pit, and the only one making real money is the one running the "faucet."

[ Parent | on HN ]

Re:Ask HN: Bitcoin Faucets by LeoPanthera on Sunday September 07, 2014 @08:27PM (#8282921)

The ones that make you solve a captcha are usually using you to solve captchas for other sites, in order to post spam on them.

[ Parent | on HN ]

Re:Ask HN: Bitcoin Faucets by dtlyst on Sunday September 07, 2014 @05:39PM (#8282515)

yes, i can understand that faucet owner always wins but i am curious about user's profile. i just really want to interview with a faucet owner about user's profile, behaviours, profit, etc..

[ Parent | on HN ]

Re:Ask HN: Bitcoin Faucets by 27182818284 on Monday September 08, 2014 @11:11AM (#8285177)

...Then ask faucet owners? Reach out to them via email or whatever their preferred contact method is.

[ Parent | on HN ]