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DR version: Bitcoin faucets are a type of website that give away small amounts of Bitcoins to their users. Faucet owners make money by placing ads on this highly engaging websites. The good news is that it’s super informative as well. This post will teach you EVERYTHING you need to know about Bitcoin faucets. This post was originally written on November 2015 BUT I’ve been updating it constantly to stay relevant. The main things that changes since then is that you can’t use Adsense ads on Bitcoin faucets and the price of Bitcoin has increased dramatically making it much harder to generate a profit. Whenever there are relevant updates I have added them throughout the post.
Before I begin I just want to say that my experience of running a Bitcoin faucet isn’t vast. I’ve started 99BItcoins’ faucet a little over a month ago, but I’ve learned a lot since. And now I would like to pass on this information to you. We’ve covered Bitcoin faucets many times in the past so I won’t go over them in detail. In short, a Bitcoin faucet is a website that gives out a small amount of Bitcoins to its visitors. Usually after you receive your coins you need to wait a certain amount of time until you can ask for another batch.