If you just want join the faucet you can do so here: freebitco.in

Back in the time, Bitcoin ‘faucets’ started to pop up: sites where you could get Bitcoin for free (yes, as in free beer!). Jumping on the Bitcoin hype train, a lot of such sites have popped up, but they are far from profitable.

However, since Bitcoin got my interest, I decided to investigate some of those sites. This post is intended for those who do not wish to invest ‘real’ money in Bitcoin, but would like to passively make a small amount of them. This will not be very profitable: the point of this post is to show a way to get Bitcoins, for ‘free’. If, in the future, the Bitcoin prise rises, you can actually make a lot of profit with your small amount of Bitcoins. So, proceed with care!

General remarks

A Satoshi is a 0.00000001 of a Bitcoin( 1/100 Million)

Before claiming from a faucet, you usually have to solve a captcha to prevent bots.

The Bitcoin network requires a transaction fee: therefore when a site pays you out you will get a bit less bitcoins than requested.

This site allows you to get bitcoin every hour. The flat rate is currently 35 Satoshi per hour (Note: coupled to BTC/USD exchange rate: Bitcoin goes up, reward goes down, but is always same USD amount), but, if you are lucky (and we assume that the site generates truly random numbers — which I actually do believe) you can get more:

Chance of each Payout

98.85% = 35 Satoshi

1% = 350 Satoshi

0.08% = 3.5k Satoshi (~0.2$)

0.04% = 35k Satoshi (~2$)

0.02% = 350k Satoshi (~20$)

0.01% = 3.5M Satoshi (~200$)

We can calculate the expectation value of this distribution which is about 474 Satoshi. Of course, this is in the limit where you click a lot. If we only include the first 3 terms we find about 41 Satoshi. I want to emphasize that it is theoretically possible to get 3.5M Satoshi which is about 200 dollars.

More site features You can use a high/low betting game which uses dice rolls to double your bet. Not recommended as due to the nature of this game you will always lose in the end.

You always enter a lottery for free: 2 tickets per click. You can buy lottery tickets for 1 Satoshi. The jackpot is currently more than 1.5 BTC!

Once you hit 30k Satoshi you get a 4.08% yearly interest, paid out daily.

Every click you get 2 Reward Points. These can be used for several bonuses or converted to Bitcoin at a rate of 1 RP / 1 Satoshi (but you need 100k RP). The bonuses include bonus bitcoin if you hit the base payout when clicking or getting more lottery tickets.

If you want to check it out you can signup here: freebitco.in