Bitcoin Faucet Bot
Well, the subject of bitcoin is no longer a strange term in our contemporary society since it has been in existence for some years (precisely since 3rd January 2009) and there has been a corresponding and drastic increase in its number of users since then.
Being one of the world’s leading cryptocurrency, it is recorded to have about 32 million users and counting since inception.
The bitcoin has now become a cool way to be rich hence the more bitcoin you have the richer you are. However despite the fact that the bitcoin has been in existence for such a long time and also has numerous users, not all the people who know about the concept of bitcoin also know all the terms involved and all ways of earning bitcoin.
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While there are a few ways of earning bitcoin such as buying or getting it as payment for a service, we shall focus on the issue of bitcoin faucet and correspondingly the bitcoin faucet bot.
Before diving into the subject of bitcoin faucet bot, we have to consider what a bitcoin faucet is since I assume we all know the meaning of bot(s). Well, a bitcoin faucet is actually a “free” way (so to say) of earning bitcoin.
Bitcoin Faucet Bot
They are actually sites where users get paid to perform simple tasks such as taking surveys, playing games, filling out captcha’s, etc. These sites are beneficial to new bitcoin users who wish to acquire their very first bitcoin but are probably not financially buoyant to buy it or maybe they are not just willing to buy it for some other reasons.
The working principle actually behind a bitcoin faucet is that the owners of this site offer a reward on the site to attract visitors.
These faucet sites contain ads. that pays the faucet owners depending on the number of people who visit the site and the amount of time they spend on the site. Hence these sites owners are always looking for ways to keep people on the site for long.
Since faucet as a way of earning bitcoin tends to be time-consuming, there has been a development of a mechanism to help with the process called a bitcoin faucet bot.
A bitcoin faucet bot is, therefore, an algorithm capable of repeating a user’s actions, in around the clock automatic mode either on a computer or remote servers and virtual machines.
This algorithm, therefore, acts as a time saver to the faucet users and earns them bitcoin. This algorithm works by automatically filling in the login/password and solves the captcha.
However, it is true what they say that there is always a downside for every good thing and the bitcoin faucet bot is not left out as owners of these faucet sites have also in turn developed programs to hinder the bot’s efficiency i.e creating problems like picture puzzle that requires human attention to be solved.
The degree and automation of the robot’s type can be selected in two methods which are:
- In the form of a script embedded in a web browser that collects satoshi on faucet’s sites and
- Desktop version with additional programs for increasing payments from faucets, making independent transfers to bitcoin-wallets and even trading on crypto exchanges.
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