nice. you have such knowledge..thanks this thread helps a lot for those faucet users...
because of this they can avoid the faucet that doesnt pay and just scammers of time..

The faucet world is over-saturated right now, not every faucet that will use the sample template will have profit, it's true that some of them are making loads of money everyday but they get there only by a twist made to their strategy. Considering the low payouts that faucets have, there are still plenty of users that are using them. So faucet's world i don't think will end soon. We'll see.

Will not in the near future, only the best faucets will survive and make some money out of this .

well faucets has others business online has a risk involved on it thats why scamers make several new projects and attract investors then run away,to play and profit with faucet need support and has a good reward,some people just claim satoshis doesnt even click 1ads a week or month,this way the project will fail ,and is wizzard why google that has huge rules and restritions supports faucets ... but well they get more money from it then any other place.

Thats a good point thanks. Ill write an update soon, but I will probably not be able to cover all ways to defend against tracking.

Yes, unless you mitigate this somehow. Your bitcoin wallet or service shows you a balance, but bitcoin does not work that way. Its made up of transactions on the blockchain. Every transaction you received in the past can only be used by you, but it also needs space and that space is paid for with the transaction fee. The more transactions you receive the more space you need to spend the balance they created. The more space you need the higher is the fee you have to pay. My best guess currently is that you are fine as long as you keep payouts at ~0.01 btc. Another thing you can do is to use special wallets like xapo that allow transactions from the faucet to your wallet without using the blockchain. They use internal bookkeeping if you will. This will however only work with faucets that also use xapo. Xapo also has a very high for transactions outside of their internal system. Thus if you want to send bitcoin to someone that not uses xapo you have to pay a high fee every time even if you dont have to use many old transactions. This info is outdated, xapo no longer charges any fee no matter if you send to another wallet. Thanks winspiral.


I started out with faucets as well, I think most have. As long as you are aware of the downsides there is nothing that speaks against faucets. Its an easy way to test this magic internet money. While bitcoin is somewhat easy to use (not grandma easy, yet) it is very complex in its details. Which result in the above effects that a transaction for 1 BTC from a single old transaction is less expensive (~10k satoshi fee) than a transaction for 1 BTC from 100 old transactions for 0.01 BTC each (~180k-200k satoshi fee).

Do I have fees if I send satoshi from my xapo wallet to a non-xapo wallet?

I have never noticed this fees...
where can I see them?

Thanks for this it really helped!

How can I know which admin pinned this thread?