Multiply your Bitcoins (BTC) With Rofx

Cool BitCoin faucet with games to multiply your earnings. No investment needed 100% legit and paying

Nice site with the potential to make decent amounts of BTC no investment required. Have fun!x
submitted by avaxtasulta to referralcodes [link] [comments]

Earn up to 200 Dollars every hour! Free Bitcoin Faucet, Bitcoin Multiplier and weekly Lottery worth up to 3,000!!!!

Earn up to 200 Dollars every hour! Free Bitcoin Faucet, Bitcoin Multiplier and weekly Lottery worth up to 3,000!!!! submitted by ivandrago78 to MakeBitcoin [link] [comments]

Free Bitcoin faucet that pays hourly with a weekly lottery drawing as well as a Bitcoin Multiplier youcan use your leftover coin to have a chance to win more coin!

Free Bitcoin faucet that pays hourly with a weekly lottery drawing as well as a Bitcoin Multiplier youcan use your leftover coin to have a chance to win more coin! submitted by ivandrago78 to BitcoinForFree [link] [comments]

Here are some other sites with a free Bitcoin Faucet as well as Bitcoin Multipliers and Gift Card earnings!
To anyone interested in getting help with a little extra coin I'm posting here a link to a free bitcoin faucet that you can roll the dice once every hour, plus it has a weekly lottery drawing. The other link is for a bitcoin gambling site that I have personally used and won many times on. I have to add though that I have lost coin as well there, but that's the nature of gambling. I hope this helps everybody that comes on here that are short of coin.
submitted by ivandrago78 to MakeBitcoin [link] [comments]

Are Multipliers and Faucets Dangerous?

Are Multipliers and Faucets Dangerous? Are there any faster ways to make alt coins or bitcoins instantly?
submitted by LofiPunk to BitcoinBeginners [link] [comments], Bitcoin Faucet similar to

I haven't seen Bitshark mentioned here so I thought I would make a post.
BitShark is a fairly new mining faucet where users receive a reward in satoshi.
It's a standard once per hour faucet. Every hour, you click on the miner until the rock breaks and bitcoin comes out.
The number of BTC that you get is randomly in the range of 5 Satoshi to 0.1 BTC for each claim accoring to their website. For me, I get about 30 satoshi per time on average.
The minimum withdrawal is 0.00030000 BTC.
They also have other features to multiply your earnings, Dice Game and Crash Game.
Personally, I haven't withdrawn yet and I will update the post once I reach the minimum amount. I had seen payment proofs from other users and I decided to start using it.
My ref link & no ref link for those willing to give it a try.
submitted by outsideYourHead to beermoneyglobal [link] [comments]

Crypto Faucet I use to store my mined bitcoin on, with 4.08% APR paid daily with accounts over 30k satoshi. Referral link included, I share 50% commissions with my referrals paid every Sunday if you're interested.

My referral link for the aforementioned FREEBITCO.IN:
I have cross referenced this post on my site:
Why should you sign on with me? I'm not a one off, you can reach me personally through DM or post comments. I've done most of the leg work, alleviating the trial and error process. Just follow the steps in this guide specifically in sections 7️⃣, 8️⃣, and 9️⃣.
I share 50% commissions, get a kick back on everything you earn weekly.
I trust this site, and personally have 270$ worth of bitcoin in one account with almost 500$ total including two other accounts.
Coming from Cointiply? Well, as a heads up, you're not actually holding any BTC. I suggest what you earn you HODL in FREEBITCO.IN.
Just some abbreviation and terminology explanation before we start for those unfamiliar.
USD=US Dollar
Click here Bitcoin price history, past and present
FREEBITCO.IN can be accessed from any device with internet.
Using a VPN or a TOR is now allowed given that your account achieves certain criteria similar to a captcha free account requirements.
🛑WARNING: FREEBITCO.IN wipes inactive accounts after a certain period! If you lose interest, withdraw your BTC!
📝NOTE: iOS devices (iPad, iPhone) are restrictive. The only way to access is via website, as BitBot isn't available.📝
FREEBITCO.IN is what's called a "faucet", a site that gives a small steady stream of crypto which FREEBITCO.IN does through hourly rolls and interest accrual.
FREEBITCO.IN also hosts other means to win or earn crypto, you can gamble with Multiplier, or bet on world evens and crypto prices.
After your account reaches 30k Satoshi, you begin to collect interest. The site also offers lifetime referral commissions, explained later in this guide.
All you need to start is an email. You can add more verification options for security later on. I would highly suggest it. Use a junk email though.
2FA and MFA are strongly suggested. A password should be 15 characters long. I suggest Google Authenticator for your 2FA needs.
I know you can definitely access this site from Brave Browser with add blockers enabled. I'm sure it will work with others. Even without an ad blockers, they only advertise their site gambling and games, no 3rd party adds that I've seen. It's not too invasive or spammy either.
This post is both an advertising platform I use, and a guide I've made to help those interested to automate and optimize earnings.
For those of a cautious mindset, I've uploaded all of FREEBITCO.IN's information on interest accrual, security, and proof of mining on Imgur, in case you're worried about visiting the site.
Transparent link here: Interest accrual structure and FREEBITCO.IN security.
My referral link:
So at this point, with hourly claims and daily interest, I'm bringing in roughly 8978 Satoshi (or .70$ USD with BTC at 7804$ USD) daily at full optimization on one account, and two other self referred accounts without lifting a finger. This is before the fact that a hourly roll (claim) can reward up to a max of 200$ USD worth of BTC (percentages in section 5️⃣).
They also have a weekly lotto (tickets awarded with every roll and referral roll) with the last 1st place winner receiving .32769156 BTC (2587$ USD at current bitcoin price).
This is also not including my current commissions on accounts not owned by me. In this post I will describe some of my strategies I've incorporated, and some insight into how this website works.
To offload or withdraw bitcoin, you're going to need what is called a "wallet". I personally use Coinbase (available on mobile or desktop) as you can sell it through here as well and easily move money to Paypal or a bank.
If you are already on FREEBITCO.IN, do you have someone who referred you? Do they share commissions? If not, why not make a new account and join me, where you'll get a return on everything you earn.
As you can see, large affiliate groups don't share anything, hoarding hundreds of thousands worth of BTC earned off their referrals
I share 50% of my commissions. I get 50% of your roll rewards, 25% of your interest, and 0.4% of your wagers. All of this is paid out by FREEBITCO.IN as a commission, so it's not pulled from your rewards or held BTC.
So the more you're active, the more you'll receive from me weekly (being active is doing anything that I get commissions from). IMPORTANT: Your (and all referrals) shares are based on activity, so if you are inactive for the week, you get a lower % for that week. If you're the most active of my referrals you get a higher percentage of what I share. This is to incentivize being active and to stop people from getting a cut without doing anything.
If you have FREEBITCO.IN automated, you don't have to worry about this. However, having a larger bankroll to earn interest, or playing Multiply BTC (I do not suggest playing unless doing so to meet auto roll requirements) will increase can your activity further.
Commission Structure
Here is some proof, I've actually shared about 2/3 of all commissions
Commissions update 12 January 2020
Here is a proof of Payment section per individual
📝NOTE: I've noticed when I was creating the images of commission sharing that the "RECENT" blocks are showing zero. If you look at totals from the first image, you can tell I'm actively sharing with all of my referrals.📝
Join my team FREEBITCO.IN
You can earn AT LEAST .00000552 BTC (.048$) daily when automated (or claiming every hour on the hour) before bonuses (like using reward points to increase rewards 1000%). After some testing, it seems that this amount will always be about .048$ worth of BTC, base claim rewards no bonus active.
After .00030000 BTC, you accrue compounding interest at a rate of 4.08% APR, paid daily. As soon as your daily interest is accredited, it too starts earning interest. The daily interest rate comes out to ~0.011% of your total held BTC.
FREEBITCO.IN gives you a roll once every hour, free
📝NOTE: Roll rewards fluctuate inversely with BTC price. BTC goes down, roll rewards go up, vice versa. The BTC rewards USD value will be extremely close to the values represented below.📝
Current rewards and probability with every hourly roll.
(.002$) -> 98.85%
(.02$) -> 1.00%
(.20$) -> .08%
(2.00$) -> .04%
(20$) -> .02%
(200$) -> .01%
UPDATE: I decided to do some research after some odd outcomes when extensively testing some of my Multiplier strats. Turns out FREEBITCO.IN does indeed have a house advantage that isn't too transparent. Longer sessions are almost always going to come out negative. If you still plan on playing, do short sessions, once daily max, with lower amounts.
There are a couple methods to play the Multiplier with a reduced risk (but still a risk) here as well. I would suggest small play sessions.
My preferred settings for AUTOROLL on MULTIPLY that I've had the best success rate with to date. (preferably with .00005000 in ACCT for best results)
BET: Minimum
ROLLS: (doesn't matter, 100)
BET ON: alternate
STOP BETTING PROFIT: .00000050, important as the bets will get exponentially higher with every loss. Win in small increments.
STOP BETTING LOSS: Set a loss limit if you want, I have mine set to .00001 and haven't reached it
ON WIN: select increase bet 0%
ON LOSS: select increase bet 65%
Here is a pic of the settings
Anything else doesn't matter. Make sure the boxes are checked for the above options.
With this strat, I've won positive on one account, about .000077 BTC, and I've only played 5 or 6 times, at less than 2-3 minutes of play time a session.
Good for accounts with a low balance. I've had a surprising amount of luck with this method, enough so that I thought I'd post it here with an update. This could work well for accounts with less than 1k Satoshi, as a losing streak wouldn't be a huge loss. For this strat, you should have at least 189 Satoshi in your account.
BET: Minimum amount
ODDS/WIN CHANCE: 189 or %0.5
ROLLS: 189 (remains the same no matter if you bet more)
BET ON: High or Low, but not Alternate.
STOP BETTING ON PROFIT: Minimum amount, once again, you want continuous small wins
UPDATE: Conducting more tests for viability
I played these settings 10 times, I came out positive 8/10 times. In the end I was positive 433 Satoshi total with selecting "hi".
On selecting "low" I went positive 5/10 losing 525 Satoshi.
On selecting "hi" and betting 10 Satoshi, I went positive 3/10 times losing 9708 Satoshi.
On selecting "high" and betting 100 Satoshi, I never went positive, 0/10. Losing 189000 Satoshi (~15$ USD).
There does seem to be a pattern of losing more when betting more. Like anything gambling, there's probably a house advantage that's not too transparent.
Win small lose small.
Pic of these settings
Another strategy I've tried is betting most of my balance once occasionally with a 94.06% chance of winning. This is, eh, alright to risk OCCASIONALLY, but a loss would set you back more than you ever made using this strategy, which happened to me, I lost about 40 USD worth of BTC after making maybe 5 USD.
Playing this in auto roll, out of 20 rolls I'd always lose at least once, putting me into the negative. Even with 10 rolls, I'd more often then not lose at least once.
Pic of these settings
There are other strats out there, such as the "Martingale", which is essentially doubling the bet amount every loss, then resetting your bet to minimum after a win to in theory "win back what you lost". At 47.5% odds of winning, I've had loss streaks that would drain my account.
My summary for Multiply, use sparingly. Don't use it as your primary means of earning. Use once or twice daily, limit play sessions to 5 minutes max.
📝NOTE: FREEBITCO.IN captcha requirements seem to be tiered, with requirements for Captcha free upscaling when you BTC holding passes a certain threshold.
I'm currently testing, as is another team member (Shout out to u/SrExtreme69) , what exactly these thresholds, if holding at these thresholds increases the length of Captcha free rolls, and at what amount does FREEBITCO.IN no longer require these to be met.📝
📝NOTE: To start automating, remember to verify email and setup 2FA or the Captcha will still appear even if your account meets Captcha free requirements. Check the site occasionally as Captcha free roll requirements can change. After certain held BTC amount you don't need to renew your requirements. I haven't had to achieve new requirements in over a month.📝
📝NOTE: You may need to manually roll for a bit until the the ability to achieve a Captcha free account becomes available. It doesn't show at first.📝
📝NOTE: It's very difficult, if not impossible to automate on iOS devices.
First of all, getting to this point can be a grind, but once achieved you'll have a steady flow of BTC with options to increase earnings through rewards claims using RP. I would suggest going to your PROFILE tab on FREEBITCO.IN and disabling lottery to increase RP production when starting out. Using other apps or resources to supplement income is a good idea as well.
On the FREE BTC page, there is a blue text hyperlink with requirements that need to be met to make your account captcha free, thus allowing you to enable autoroll on extensions or apps. It has multiple ways to achieve this and they can change, so if your autoroll has stopped, check to see if these requirements have changed.
Here are the requirements. (Amounts vary)
It seems only two of these requirements need to be met.
The less risky and easiest method is to buy lottery tickets and bet with jackpots on. Even better is depositing bitcoin if you have that amount.
The POSSIBLY least expensive method is to bet both regularly and with Jackpots enabled on MULTIPLY (for higher amounts required, IMO Multiplier strat #3 works best)
For computers
I would suggest using Firefox, as you can add functions and tools to your bar up top. One of the being a "auto roll" for FREEBITCO.IN, still requires a "captcha free" account. Turn it on and let go, check it occasionally to make sure its still going.
Autoroll firefox add-on link
My link again for ease of access
Not my preferred method, but good for a second account, as using a computer means devoting more attention to FREEBITCO.IN in an inconvenient manner if you are just starting out. After Captcha has been removed, this becomes more hands free, but not as profitable as using bitbot, as you can't autoclaim RP rewards.
I haven't tried many methods besides using Firefox addons, as I'm wary of sources or intent when it comes to 3rd party scripts or programs. If I find any trustworthy scripts or programs, I will update here.
For Mobile
📝NOTE: iOS devices (iPhone, iPad) do not have access to BitBot, nor do they allow extensions/add-ons on their browsers. I have not personally found a way around this. You may still access the site and manually roll.📝
I use BitBot. This is the best place to start from IMO. You can set it to notify you of rolls and gives direct access to the site from the app (you can also access the site from any device with internet). Once your account is "captcha free" you can set it to auto roll AND automatically claim rewards every 24 hours (RP increase, BTC increase, Lottery ticket Increase).
📝NOTE: Bitbot allows auto roll from the app for accounts over 500 RP. This isn't permanent, as it uses your RP. You'll need to log onto the website through a browser to achieve captch free account requirements, which Bitbot does recognize, which allow completely free rolls.📝
📝NOTE: Accessing FREEBITCO.IN through BitBot doesn't allow access to the Hi-Lo or betting games.📝
Bitbot optimization
I started manual claims by setting roll notifications to "ON" for a while until I supplemented my BTC in FREEBITCO.IN with what I was collecting from my miner and CryptoTab. Once I was able to AUTOMATE and I had enough RP to claim the RP BONUS, I set it to do that automatically every 24 hours as this nets more RP than you spend (EG, 100 RP roll bonus costs 1200 RP, but can net 2400 RP if claimed every hour). Eventually you accrue enough RP to claim the %1000 BTC bonus, probably at a rate of once or twice a week.
My current BitBot settings now that its auto claiming, I have the 24 hour auto bonus claiming 100 RP roll bonus and 100% claim bonus, spending a total of 1520 RP, but I'm making 2400 RP with the RP bonus, leaving me 780 RP in the positive each day. Every now and then I'll stop the auto bonus claim so I can buy the 1000% claim bonus (3200 RP). So on a normal day I'll make about 1344 Satoshi. Bitbot auto bonus settings
Once your accrue more referrals, or save enough RP, it's possible to claim the 1000% BTC roll bonus multiple days in a row. This is just about as optimal as you can get for auto rolling.
Self Referrals
If you have two devices (phone and computer preferably) you can make two accounts as long as one uses a different wifi or internet connection, as the roll rewards tracks IP addresses for roll counts. So if you have 2 devices on the same network, it sudo links accounts, so if you roll on one, it restarts the timer on the other. This allows you to collect referral rewards from yourself. Effectively adding 25% of interest and 50% roll rewards.
I currently have a phone autorolling on BitBot with a computer autorolling on Firefox with a tool to roll automatically as long as the page remains open. My computer account is referred from my mobile account, and is currently bringing in an extra .000015+ BTC weekly (currently, total will be this Sunday and I will update).
I've also made another account on my partners phone, linked it with bitbot and got it auto-rolling. Once bitbot is going, its non-invasive and you can silence notifications, it also uses minimal data.
Supplementing with CryptoTab
I'll use CryptoTab on my computer 24/7 to earn BTC from that while I have FREEBITCO.IN running. I also have it running on my phone at night when I sleep and on an iPad I have that I don't use much, its server mining, so no worries about battery on mobile devices. On computers it does actually use your processing power. You can directly deposit into you FREEBITCO.IN accounts.
CryptoTab Link
I've used it for two weeks and have earned a total of .000454 BTC (3.60$ USD). Not huge, but enough to start collecting interest on FREEBITCO.IN and to get the capthca free account requirements.
Supplementing with Cointiply
🛑WARNING: Cointiply's main currency is the constant, weighted against the dollar (10,000 coin/1USD). This means your actually BTC holdings will fluctuate with BTC's price.
For this reason, it's my strong opinion that DON'T HODL in Cointiply as you're not holding actual BTC.🛑
Cointiply is a great site to earn decent amounts of COIN which translate to SAT's. Earn coin, withdraw to FREEBITCO.IN (as you actually hold BTC in cointiply).
I also use an ASIC miner (Antminer s9i, DIY liquid cooled and overclocked with BixBit firmware), and whatever I earn I'll put that into FREEBITCO.IN to collect interest. If you want, I may be willing to do a rental.
📝NOTE: Since this faucet has been around a while, many people privy to sites such as this are already signed up. So getting referrals can be a slog. My tips for your ads is be genuine and don't hard sell or post "too good to be true" sensational ads.📝
This is another faucet. Its structure is a bit different from FREEBITCO.IN, as you complete offers to earn coin. Within this site (also an app) users can earn coins by doing PTC ads (and other offers), this is a good method to get exposure as you can advertise as well. Using this method my traffic for last week as about 800 people.
13000 coins buys about 1000 "clicks" on your ads. They also have options to advertise to people based on location (these options will increase or decrease cost). After your first ad, you usually get a 10% off coupon good for 7 days as well.
You can earn this amount within a day doing surveys on Theorem. I've done surveys before, and this has to be one of the best surveys sights I've ever done. Very rarely do I get kicked out mid survey, and if I do, I still get partial pay.
I will also use "Hideout" on my computer and leave it running. It has to be the open tab on your browser, with the browser open, not minimized. Let it go and check it occasionally as it has a timeout at roughly 2-3 hrs idle. As of now this is the best passive method of earning on Cointiply.
Pi Network, an ICO (Initial coin offering) based on trust and social media is another good medium for advertising. I will usually see 15-20 people click on my link with 2-4 ads posted per day.
Just go to "chat", select "random" and post an ad in the chat channel. No charge.
My tip, keep your ads short to medium in length, don't spam.
This is another crypto earned through "geo-mining". On the "coin" app you can do a "geodrop" where you can leave a note. Just click on the box with a parachute icon, select "any" on the "Tile" selection. Leave your ad in the "note" section.
It costs 10 "COIN" at the very least to do a "geodrop". This method may not be worth it if you aren't already involved in the program. To earn a substantial amount of coin, you'll need a subscription or a "sentinel". Sentinels can actually be purchased for under 20$ nowadays (depending on site) and is the best option to earn. Without these you'll only make approx .05-.18 coin every 30 seconds if you're actively moving.
My tips if you plan on advertising on this platform, once again keep it short, and only advertise around 7-9am and 4-6pm, as this will be peak mining hours with people driving to and from work.
My FREEBITCO.IN Referral Link
What is a Satoshi?
Bitcoins price through Coingecko
CryptoTab Link
Autoroll on Firefox
Coinbase Link
submitted by thatoneguyYMK to SpareCash [link] [comments]

Cointiply - the best bitcoin earning site

Cointiply - the best bitcoin earning site

I would like to introduce You - Cointiply bitcoin earning service.

  • Great deal for everyone who doesn't want to invest own money.
  • Many ways to increase your earnings.
  • Easy earning for those who doesn't like or have no time to looking for refferals.
Cointiply is a next-generation Bitcoin rewards platform. Users earn free Bitcoin by interacting and completing tasks. The only requirement is that you have a Bitcoin or DOGE address to send payments to.
For example: Coinbase

>>> Register here <<<

  • Claim from the Faucet
  • Watch Videos
  • Play Games & Earn
  • Complete Surveys & Offers
  • View PTC Ads
  • Refer Users
  • Promo Codes
  • Chat
  • Multiplier
  • Cointivity Items and Boosts
Visit my blog to learn what, why, how and where to earn faster:

I prepared for You 'manual instructions' including screenshots and proof of withdrawals. Everything is very easy. Enjoy!
submitted by FreeBitcoinFaucets to u/FreeBitcoinFaucets [link] [comments]

These are my top 3 facourite bitcoin faucets for earning free bitcoin!

The 3 following bitcoin faucets are what i think are the best.They all have different ways that let you earn the most bitcoin!
I find this bitcoin faucet interesting as it lets you earn 2 Satoshi every 5 minutes but you also have the option to wait and earn even more, this is useful for people that dont want to claim bitcoin all the time but still earn as much bitcoin as they can. earnings go straight to a coinpot account. The site has a 50% referral commission.
In my opinion bonus bitcoin is a good bitcoin faucet as the wait between claims is only 15 minutes and the claim amount is pretty good at an average of 18 satoshis per claim. You also have the option to choose between a stable rate of (at the time of writing) getting 18 satoshi every time or having the chance of earning more/less. Again bitcoin earned goes to a coinpot account and the site also has a 50% referral commission.
This site is currently my personal favourite bitcoin faucet. Though it has a long claim wait at an hour, it lets you earn abt 27 satoshi per claim; up to $200 worth per claim. The site has many other features to earn more bitcoin and prizes including Multiply BTC, Betting, Rewards and Many more. The site holds your bitcoin amount until you choose to withdraw to a bitcoin wallet/microwallet. And as the 2 other sites also has a 50% referral commission.
submitted by GTJayGaming to beermoneyglobal [link] [comments]


This is a legit website that is fairly new and quickly became one of the most trusted bitcoin faucet and wallet today. You can claim 0.00000015 BTC/hr up to 0.00055000 BTC/hr based on the milestone bets in your Multiply BTC. No fees or required investment. You can bet on Multiply BTC to further increase your bitcoin claims. It may not be rewarding at first but with effort and patience, you can earn as much as $5.5/hour and have a passive income you can rely on.
You can check out the details and sign up on this site by visiting this link down below:
submitted by replayzblogs to u/replayzblogs [link] [comments]


Hey guys, for those who have been investing Bitcoin, I just found a legit Bitcoin Faucet that you could use to increase your Bitcoin pool. This site normally gives you 15 satoshis (0.00000015 BTC) every hour for every claim but you increase the amount per claim for up to 55,000 satoshis (0.00055000 BTC) if you reached the milestones of bets in Multiply BTC game. You can check out other details on the site.
For those who are interested, please sign in using my link:
For the proof of payment, please see forum posts:
submitted by replayzblogs to u/replayzblogs [link] [comments]

Complete Guide to Bitcoin for Beginners – Free PDF ebook

Complete Guide to Bitcoin for Beginners – Free PDF ebook

The Art of Making Bitcoin and other Crypto Currencies


The main purpose of this guide is to provide ideas and information on how to safely use Bitcoin and Bitcoin services to avoid many undesirable and harmful effects that others have experienced. Ideas can only be overcome by other ideas. Money and force are impotent against ideas. The abandonment of sound money is the chief reason, if not the only reason, that the world has become such a dangerous place. Bitcoin, being merely open-source software code, is a powerful idea and tool to counteract these evils.


Get Your Virtual Hands On Bitcoin ………………………………………………………………. 1 Preface……………………………………………………………………………………………………. 1 Introduction to Bitcoin………………………………………………………………………………. 3 How to get your virtual hands on Bitcoin ? …………………………………………………… 4 -Get free Bitcoin from Bitcoin Faucets ………………………………………………………. 4 -Make Bitcoin With Your Computer & Graphic Card ……………………………………. 5 -Make Bitcoin with Cloud Mining Providers ……………………………………………….. 6 -Reinvest to multiply ………………………………………………………………………………. 7 Bitcoin Knowledge ……………………………………………………………………………………. 8 Wallets………………………………………………………………………………………………… 8 Transactions……………………………………………………………………………………….. 10 Mining……………………………………………………………………………………………….. 11 The Blockchain……………………………………………………………………………………. 13 Exchanges………………………………………………………………………………………….. 14 Trade shares ………………………………………………………………………………………. 14 Alternative coins…………………………………………………………………………………. 15 Buy and Sell Bitcoin & other cryptocurrencies…………………………………………….. 17

Link for download:
submitted by Tokenberry to NewbieZone [link] [comments]

Cointiply Review: earn Bitcoin playing games, watching videos, doing surveys and more.

Cointiply has a range of different ways that you can earn money on their site, which you can later withdraw as Bitcoin.
When you first login to the site you are presented with the coin faucet, a simple feature which lets you claim a very small amount of free 'coins' every hour. Beyond that there are many other ways that you can earn on the site which you will find listed below along with my thoughts or experiences of using them.
Unlike most other cryptocurrency faucets and 'micro-task' websites, Cointiply initially pays you in their own coins, which are pegged to fiat (the United States dollar specifically). But when you come to make a withdrawal you will be paid out in bitcoin or doge (your choice).
The basic faucet payout is obviously very small as they all are, but compares very well to other faucets. You start off getting just over half a cent each time, which goes up to double that if you are a regular user and get the daily bonus. Making a claim rolls for a random number, and if you get a prime number you also get an extra bonus.
Other ways to earn include:
Watching videos: They actually have some good video channels that can be good to watch. If you watch three of the ads that display between videos on the channels they offer you a reward.
Ads don't show after every video, but if doesn't take too long to get to three. This can be a good one to just put on and leave to play while you do something else.
After three ads have played you don't get any more, so its probably best to leave it on while you are in the room and keep an eye so you can close one channel and open another each time you reach three ads to get a reward.
Playing games: They have quite a lot of games to play as well, and some are quite fun. You get a payment each time you play a game, which won't add up to anything significant tbh.
I wouldn't recommend doing this as your sole method of earning crypto, but if you’re bored and you are the kind of person who sometimes plays random free casual games then you might as well come here and get a little something back for your time.
Paid to click adverts: On average you get something like a tenth of a cent for viewing an ad for a few seconds. Hardly any money, but hardly any time either.
Tasks and offers: Earning larger amounts requires going to the offer wall and completing surveys, downloading and testing apps, completing special offers from various companies and other easy small tasks.
The earnings are good but there may not always be something which appeals to you.
I like to check in regularly to browse the offers but to be a little bit picky about which ones to do, which is OK if you at least take a few seconds to do the faucet and PTC ads each time so that it is never a completely wasted visit.
CPU mining: This is the only one I wouldn't recommend as you earn almost nothing and use electricity which costs a lot more than you earn.
Referrals: You can also add to your earnings by sharing your link and introducng other people to the site.
Multiplier: Gamblers can also play a dice game in the hopes of increasing their balance.
Interest: If you keep coins in your account past the minimum payment threshold then you can earn 5% per year on your balance. This is quite generous compared to similar sites.
The mimimum payment threshold is around $3.50. This is relatively high, compared to other faucets, but it isn't so high that you will struggle to ever reach it.
Overall it’s a good site and if you are looking for a casual way to earn a small amount of crypto without having to spend much time on it and perhaps having a little fun and entertainment along the way then I would recommend using Cointiply.
[Referral Link]
[Non Referral Link]
submitted by cyborgnine to BeerMoneyCasino [link] [comments]

365 day Bitcoin faucet challenge

Hello and thanks for stopping by. I'm undertaking a 365 day Bitcoin faucet challenge. I’ll be using a popular bitcoin faucet which I can’t name.
The parameters of the challenge are as follows:
And that's pretty much it. In 365 days I will report back my earnings.
I'm also going to use basic probability to calculate my estimated payout. Freebitcoin say they're games are provably fair. Well, let's prove it in the process of making me some bitcoin.
The faucet works as follows. You get to draw a number between 0 and 10,000 every hour and the payout table is as follows (but changes depending on the BTC value):
Due to the way the number is generated there is a 1/20,000 chance of rolling a 0 and 10,000. For an explanation of why this is the case see my EDIT at the bottom. The full probability distribution is as follows.
To get the average expected earnings per game, we simply need to multiply the probabilities by the payout.
For example: (9885 / 10000) * 0.00000025 + (100 / 10000) * 0.00000251 + .... + (1 / 20000) * 0.02513292 = 0.00000215 BTC
Again, this is the average payout per roll.
Now I'm going to complete 15 draws per day and 365 days. 15 * 365 * 0.00000215 BTC= 0.01177125 BTC
Since the probability of rolling a 10,000 in a year given my rolling frequency is pretty low I can exclude that from the probability table to get a more likely average payout figure of: 0.00000090 BTC per toll. This would result in a yearly estimated balance of 0.0049275.
Also the RP (rewards points) can be converted to BTC (minimum 100,000). Using the rewards point boost you should be able to get an additional 300 RP per day (assuming 15 rolls per day) using the 100 RP/roll boost. Converting this back to BTC would boost my average roll return by 0.00000020 BTC.
EDIT: Updated probability table. The probability of rolling a 10,000 is actually 1/20,000. The reason is a server seed and client seed are hashed together with a nonce and the first 8 hexadecimal characters are converted to decimal and then divided by a magic number to yield a decimal result between 0 and 10,000. The decimal is then rounded to the nearest integer. if you consider the number 5000, any decimal between 4999.5 and 5000.4999. will be rounded to 5000, however 10,000 and 0 are special cases because they can only ever be rounded from one side and this halves the probability in those two cases.
submitted by mrpringle5k to CryptoCurrency [link] [comments]

High-paying Cryptocurrency Websites

Have you ever wanted to collect crypto to join the hype, but are not willing to invest real money? The good news is there are in fact methods to get them online for free. All it requires is some investment of time on your part to start your crypto journey! According to, $1,000 worth of bitcoin in 2013 would be worth $6,400 in October 2018. / (non-ref) This is a well known faucet that pays users every hour. Each time you roll, there is a chance that you win a payout bigger than the base payout of 0.00000033 BTC. If you are very lucky, you might win the highest payout (worth $203.17 at the date of posting). Considering that you are doing nothing but clicking on a roll button, this seems to be a good site. Each roll also gives you 2 free lottery tickets and 2 reward points. Lottery tickets enter you into a weekly lottery draw. Reward points can be traded for benefits such as electronics, hardware wallets and gift certificates. If you are not interested in the prizes, you could very well trade for the free BTC bonus, which awards 10% to 1000% bonus to the base reward for the BTC faucet. I'm not a fan of gambling and firmly believe that you will lose money in the long run. If you would like to try your luck and have some fun, however, there is a Multiply BTC section featuring a provably HI-LO game which awards 1 free lottery ticket and 1 reward point for every 1000 satoshis that you wager. / (non-ref) This is a very similar site to, albeit with fewer features. Use it along with! / (non-ref) Hourly faucet which pays extra when you roll prime numbers. You can also earn by watching videos, completing offer walls (Tap Research, Adscend Media, AdGate Media, Minute Staff, Revenue Wall, Opinion Capital, Theorem Reach, Offer Toro,, Wannads, Kiwi Wall, Offer Daddy, PTC Wall, Pollfish, Clix Wall, Say So Rewards, Adwork Media, Super Rewards). Try your luck on the multiplier if you are feeling lucky!
Moon Faucets
These are a unique set of faucets - you decide how often to claim! Most faucets only allow you to claim at fixed intervals of time. With the Moon faucets, you can claim as little or often as you like. The faucet fills rapidly initially and slows down over time until you make a claim. You decide how often you want to claim, with the knowledge that the amount keeps building up! With these sites, there is an opportunity to increase claim amounts through the daily loyalty bonus, referral bonus, offer bonus, mystery bonus and mining bonus schemes. These faucets pay out to CoinPot.
Other Coinpot Faucets / (non-ref) Claim up to 5000 satoshi every 15 minutes. This site also pays a 5% daily bonus. You can also use this site as a GPT site by doing offers and surveys (Super Rewards, Wannads, Offer Daddy, Offer Toro). / (non-ref) Claim from this faucet every 3 minutes. You might be happy to know that this site allows you to earn by playing games. If you prefer to do offers and surveys, Super Rewards, Wannads and Offer Toro are available.
Semi-passive Sites
If you prefer something which earns by doing little work, the sites below may be of interest. While some of them may require more effort at the start, the results will soon pay off. / (non-ref) This is the closest thing to a true auto-faucet! Complete shortlinks, mine or complete offerwalls (AdGateMedia, Offer Toro, Offer Daddy, Pollfish, PTCWall, MinuteStaff, Wannads). A single shortlink gives 50 autoclaims as well as 50 activity points which help you level up. As your level increases, each claim gives you slightly greater value in crypto. You may decide whether payments are kept in the Fire Faucet account or directly to Faucet Hub. Funds within the Fire Faucet account can be withdrawn manually to Faucet Hub. Payments are fast and can be seen almost instantly. It should be noted that once you start the Auto Faucet, you have to leave it the tab open for it to continue claiming crypto. The tab itself does not have to be active and you can continue with your personal activities. / (non-ref) A combination of GPT, autofaucet and game, all in one website. Tasks in the offerwalls (AdscendMedia, PTCWall, ShortLinks, AdGateMedia, AdWorkMedia, MinuteStaff, TheoremReach, give you credits, while the faucet and mining game give you lab flasks. Both are exchangeable with one another. Purchase mining equipment from your hard work to start earning lab flasks passively! Note that Generators and Security are the best investments due to greater ROI. Energy decreases every hour and each energy point costs 3 points + 0.75 credits for every 5000 production. You may consider enabling Autorefill Energy (which consumes credits), as production decreases when energy goes down. According to the FAQ, the formula for satoshi earning rate is ((YourProduction/10)*0.14)*(YourCurrentEnergy/100). As you can tell, more work is required at the beginning, but it will all pay off. Referring to the current leaderboard the top person has a production power of 194797. Let's try calculating the amount of satoshi generated for this person.((194797/10)*0.14)*(100/100)= 2727 satoshi per hour. / (non-ref) Mine crypto either through the game, or for real! Missions allow you to level up as well as earn crystals, mining power and crypto at the cost of energy, which replenishes with time or by doing shortlinks. Each mission also gives you tickets for entry to a weekly Mega Jackpot. The site is also releasing a light version of the game Crypto Mining War very soon, which you can play using cards (earned through the website as well). The final version is still under development, but it is fun, multiplayer and crypto can be earned through it. / (non-ref) Before proceeding, it should be noted that this is a Cloud mining site. Majority of Cloud mining sites are ponzi scheme scams. It is uncertain if that is the case for this site. A crypto deposit is made as an investment, which gives mining power. It should be noted that 24 hour mining contracts will definitely give a loss on this site - you receive less than you invest. Only invest in 10 year contracts if possible. I generally only use crypto I gain from faucet and GPT sites to fund this account. NEVER use real money on Cloud mining sites.
Thanks for reading and happy earning!
submitted by RuleBreaker5 to beermoneyuk [link] [comments]

Your way to free money daily.

How to get free bitcoins and other cryptocurrencies? There are a lot of methods that are legal and straightforward, it’s everything from clicking every hour, to playing fun games. The only thing to remember is. All these methods do not mean that you pay Bitcoins, and it is not advisable to do so either.
It is so that there are many possibilities that can provide free Bitcoins, but you will never get rich, and it takes time. But it is possible to build up its first capital, and where there is willingness there may also be strength.

Free Bitcoins, how?

Rollercoin is one of the funniest Bitcoin faucet available on the market. Rollercoin is about playing small flash games, and up when you “mining speed” which gives you Bitcoins every two minutes approx. In addition, you can buy mining equipment in the game, which will subsequently give you more Bitcoins every two minutes. However, it requires, for example, to pay a minimum of 4696 Satoshis, for 1160gh/s in the game.
It doesn’t sound like much, nor is it, but the more you play, while buying equipment for what you earn through the game. Then you have the opportunity to get built up, thereby achieving a fine stable passive income. It requires dedication, but it is possible.
Rollercoin is relatively new, and they pay out every time you have at least 0.0001 Bitcoins. Here at Kryptoposten, we have tried, and we have learned that they pay out when you hit the minimum for withdrawal. We do not recommend making deposits to buy mining speed.

We have now talked a little about Rollercoin, and how easy it can be to get free Bitcoins. This time we present FreeBitcoin, which is a really old Bitcoin faucet that has been around for a very long time, and at the same time has great success. What makes Freebitcoin so special is that you actually have the chance to win up to $ 200 every single hour.
You might think how this can be done and whether it is real. What you do on Freebitcoin is that you can press every hour and get a chance to win up to $ 200. In addition, you also receive a lottery ticket, which gives you a chance to win up to 2-3 bitcoins every week.
In addition, you can also play “Multiply BTC”, which is where you bet your Bitcoins, and you have the opportunity to win. This way is a great way to get lotto tickets and thereby also increase your chance of winning the lottery.
You also get what is called a “reward ticket”, which makes it possible for you to choose between different things. You can browse. buy everything from Iphones to gift cards, or just exchange their reward tickets for Bitcoins, or make it possible to multiply its temporal earnings. We have always tried to use Freebitcoin, and thereby also received a payout from there, therefore we can recommend this place.

More Ways To Get Free Bitcoins?

Yes, there are many ways that allow you as readers to get free Bitcoins. You may be thinking how these providers can do this and why they do it. The reason why it can run for them is that they have solid earnings through advertising, such as being offered by Google, or paying advertising that flies around their site. Thereby they have the opportunity to continue their business. There is always a thought when it comes to free stuff. However, this makes it possible to get your first bitcoins, and if you are dedicated, you can easily get together a lot and start building up your capital.
submitted by Lass3BTC to ReferralCentral [link] [comments]

Dissecting The Moon Faucets, and When You Should Claim Them For Optimal Coin Acquisition

DISCLAIMER: I apologize in advance for the tables and graphs being in imgur. I have no idea how to input my data so that you can see it in the reddit client and honestly, this is a lot of data. I recommend opening my figures in a new tab as I talk about it so you don’t have to flip back and forth throughout tabs. Now that that’s out of the way, welcome to the show.
I feel like everyone uses or has used Coinpot and the “moon faucets” in order to obtain their first Doge. I know that I’m in that stage and I had a lot of questions about it, especially about how often I should claim my faucets. I got various answers but the general sentiment was that there was a certain amount of time (<1 hour) that I should be claiming in order to optimize my gains. As somebody who wanted a definitive answer and to analyze some data in a field that is important to me, I set out for some answers.
To collect my data, I sat in front of my computer while all five of the moon faucets operated. Every minute I would write down the value of the given currency at that specific time. I hoped to gain some sort of curve, as that was what I was told to expect, but my curiosity overcame the ABSOLUTE BOREDOM of sitting there and taking notes on what was going on. I recorded all of the values and after an hour, I came up with this data. This is the general stuff, but I will cut each of the graphs down and analyze each faucet separately. Keep in mind that I am in the Eastern United States, as I hear your region makes a difference.
The Data:
Here's the link with my Raw Data: So that’s a lot of raw numbers, so I’m going to analyze each of the faucets separately.
Here's the graph:
The jagged line represents the amount of Dogecoin, and the linear line of best fit represents the average rate of Dogecoin, if it were linear. This will become important a little later. What we see here is exactly what I was told to expect: a series of lines which very much represent a curve if we squint our eyes a little. Referring back to the data table, we can see how drastic the reduction of generation is within thirty minutes. From 0 to 2 minutes, we see a growth of .02 doge, and a similar growth of .02 doge in the next 2 minutes elapsed. Eventually however, the generation slows to the point at which we have to wait 7 whole minutes to generate a measly .02 doge. The drip rate went from .01 doge/minute (DpM) to .0028 DpM. That’s a 72 percent decrease in drip rate. If we extend the same analysis to the next 30 minutes, we can observe a further drop to a staggering .002 DpM. This massive decline is exactly what we would have expected.
Bitcoin Cash:
Here's the graph:
The story is pretty similar with Bitcoin Cash. The rate starts relatively high but levels out as time elapses. The first thirty minutes has a linear rate of increase of .000000047 Cash per Minute (CpM) and the back thirty minutes we see a decrease of the rate to exactly .0000000093 BcM, which again is an almost 81% decrease in production from the first 30 minutes.
Here's the graph:
Is there really anything to say here that is out of the ordinary about these figures? They’re exactly what we figured they’d be, and follow the trend of reducing the rate of acquisition as time elapses. Over the first 30 minutes, the linear rate of Dash per Minute (DpM) is .000000047 , and in the second 30 minutes, the linear rate of acquisition is about .0000000197 DpM. This equates to about a 48 percent decrease in linear acquisition rate.
Here's the graph:
The Moon Litecoin faucet is the same old same old, with this whole curve going on. The amount of Litecoin gained over an hour (LpM) is shown by the line with a slope of around 8.779x+96.361 LpM. The LpM rate for the first thirty minutes was 12.9 LpM and the rate for the latter 30 was 5.733 LpM. This is about a 56% decline in LpM.
Here's the last single faucet graph:
Last but not least, the Moon Bitcoin faucet. All measurements are in Satoshi, because if they were in Bitcoin, I wouldn’t be telling you all about how large the amounts of BTC I was making. You know the drill. The Bitcoin per minute, of BCpM, of the first 30 minutes is .266 BCpM, and the BCpM of the latter 30 is .133, or a 50% decrease in acquisition rate.
Okay! That was a doozy. Now that we have established that all of the different faucets decrease their rates over time, we need to compare them side by side, to get an idea as to when we should be cashing out. To do this, I went ahead and multiplied all of the data by its respective value in USD, as of March 6th, 2018, at around 4 o’clock. This is what I came up with:
Just a reminder, these are all conversions to USD, so YMMV as to your currency if it happened to be different. There are so many things to talk about this graph. Like what in the world happened to Dash? Why is so little Dash given out through the course of an hour? It also seems very interesting that the Dogecoin, Bitcoin Cash, and Litecoin distribution rates are all the same. The Bitcoin faucet seems to have the highest rate, which is interesting as well. So what did I learn today?
*If I could only run one moon faucet, I should run Moon Bitcoin, statistically speaking. *The optimal time to claim coin seems to be around 33 minutes, when the Bitcoin kicks up and almost all of the faucets see an increase in production interval. *More data may be needed to further extrapolate this, as the rates are neither linear nor exponential in growth. Averages can be found through linear lines of best fit, but they are poor indicators of eventual decay.
Thanks for reading my writeup! I’f love to hear what you all think. Did you love it? Did you hate it? Is there a fundamental experimental error? Any suggestions for what I should do next? I’m here to learn from this great community and wanted to give back to those who were so hospitable to me for the four or so days I’ve been a Shibe.
Oh yeah, and 1 Đ = 1 Đ.
submitted by TimbheadLarry to dogecoin [link] [comments]

My Fellow Shibes. Doge get walkthrough/Breeding Guide.

So I found a really neat faucet for mining various coins, the only one of consequence is Doge imho. The website is
I setup a very old server with Linux in my office and set it to Doge to the max and am making 10 Doge a day.
So, on this website you have the shitcoins i.e. Bitcoin, Litecoin, Bitcoin Cash, and Dash. Then you have the reason for the site to exist, Doge. You make an account, go to dashboard, click the drop-down for Dogecoin, choose mine Dogecoin...a new page will load the miner...on that page choose your CPU usage and thread count, then click star mining. Every 5 minutes your mined coins will be sent to your Coinpot wallet.
I have used the convert, mine, and withdraw features 100% wow everytime. There is also a button on the miner page that says "earn more", I have embedded the miner into a website, no cryptojacking, though entirely possible to implement, just easy access, shorter and easier to remember URL, and proof of concept, I have also used the direct link to your miner.
One more thing, because of all of the cryptojacking, Malwarebytes, Symantec, ESET, Norton, and Mcafee website/traffic active monitor will go crazy when you click start mining and more often than not, your miner will not hash unless you disable that.
One more one more thing, I did not want to disable my antivirus, this is why I run the miner on an old Linux server, I also have had the miner running on 8 computers at once from my office subnet, 20 computers across multiple subnets, there were no adverse effects on the network and my Sonicwalls and other hardware firewalls showed no malicious or unusual activity across my networks.
TL;DR 1 Doge = 1 Doge I love this community and you guys. Much reason to live, Breeding Doge is such multiply.
public class ToTheMoon { public static void main(String[] args) {
 int Doge = 1; if (Doge == Doge) { System.out.println("Welcome To Moon, More Doge Require, You Must Construct Additional Pylons"); } else { 
System.out.println("Your Lack Of Faith In The Power Of Doge Has Altered The Code, Allowing This Message To Be Displayed...Very Dissapoint"); } } }
I hope this was entertaining if nothing else.
submitted by RustyBoom to dogecoin [link] [comments]

Coin-a-Year: Nyancoin

Hello cryptocurrency lovers! Welcome to Coin-a-Year, the laziest series yet in the Coin-a-Day publishing empire. This year's coin is Nyancoin (NYAN). I originally covered Nyancoin in an article here in /cryptocurrency published January 4th, 2015.
Without (much) further ado, I'm going to include the original report next, unmodified. This is unlike my Coin-a-Week series, where I use strikeout and update in-text. Because this is going to be a longer update, I'll just make all further comments and updates below, just realize that all information below is as of January 4th, 2015 and thus is more than a year out of date as of posting now, at the end of February 2016.
Since I use horizontal rules as internal dividers in the original post, I'll use a double horizontal rule to divide the original text from this prelude and the following update.
Coin-a-Day Jan 4th
Welcome to the fourth installment of Coin-a-Day! To see convenient links to the introduction and the previous entries, please see /coinaday. Today's coin is Nyancoin (NYAN).
• ~173.6 million available currently [1]; 337 million limit [2]
• All-time high: ~0.000024 BTC on February 16, 2014 [1]
• Current price: ~3 satoshi [1]
• Current market cap: ~$1,275 [1]
• Block rate (average): 1 minute [1] [3]
• Transaction rate: ~25? / last 24 hours; estimated $3-4 [4]
• Transaction limit: 70 / second [5]
• Transaction cost: 0 for most transactions [6]
• Rich list: ??? [7]
• Exchanges: Cryptsy [8]
• Processing method: Mining [10]
• Distribution method: proof-of-work block rewards and 1% premine for "bounties, giveaways & dev support" [2] [10]
• Community: Comatose [9]
• Code/development: ; there hasn't been a released code change in 10 months. The new developer has talked about some changes, but has not made a new release. He has given advice about how to keep the network running and operate the client. [10]
• Innovation or special feature: First officially licensed cryptocurrency (from Nyancat) [2]; "zombie"-coin [11]
Description / Community:
So you're probably wondering why in the world we're talking about a coin which has been declared dead and already written off. I actually first selected this coin to illustrate a "deadcoin", but the more I dug into it, the more I was amazed at the shambles I discovered. I am combining the description and community sections for this coin, because the community (or lack thereof) is the central issue for Nyancoin.
Substantially all, if not literally all, of the original infrastructure is gone. From the announcement post, the original website has expired. The site itself survives, but has no reference to the coin. The github repo remains, but then there was never much changed from the bitcoin/litecoin original. In fact, the COPYING file doesn't even list "Nyancoin Developers". None of the original nodes seem to be running anymore. @Nyan_Coin hasn't tweeted since July 6th. And that was just to announce posting an admittedly cute picture to facebook which makes a claim for a future which seems never to have developed. Of the original 15 pools, I think all are dead except p2pool, for which at least one node still supports NYAN. The original blockchain explorer,, is still running. The faucet is dead or broken. The original exchanges no longer list it (two of the three having died; SwissCEX having ended its trading as of the first of this year). And so forth.
And yet:

I'm not dead! I'm getting better!

No you're not, you'll be stone dead in a moment.
[Of course, that scene finishes with knocking out the "recovering" patient so he can be taken away...not to mention the absurdity of including Monty Python in a financial article, but moving right along.]
There is still just enough left to Nyancoin to keep it twitching, even if it is on life-support. Whether it's an individual node or whether it's a pool, there are blocks being produced at a steady rate as intended. Transactions are being processed. There is still a market. There is still a block explorer. And there is a dev. It is like a case study in the absolute minimum necessary to keep a coin alive. The most likely outcome is almost certainly a final collapse when one critical piece or another of the infrastructure goes away. And yet in the meantime, a person can own a million NYAN for $8 [12], and then move this coin quickly and easy, albeit with no particular external demand. It's like the world's most hyped testnet.
I think this case presents an interesting example of what happens to an altcoin when its initial support dries up. NYAN coin is more fortunate than some, actually, as there are some where there are no longer any nodes running it nor the original announcement thread (in fact, there was actually a second Nyancoin launched around the same time. But it died hard and its original announcement thread was deleted and at this point I would have no idea how to access it; so "Nyancoin" thus illustrates how hard a coin can die (Nyancoin 2) as well as how it can hang around despite being proclaimed dead, with far more justification behind that pronouncement than there has been for bitcoin (NYAN) ).
[2] Regarding the premine, it's unclear to me where this money is now, since the original poster hasn't been active on BCT since May and the original site is down. However, given that it's only 1%, and about $25 in value right now, there seem to be more significant concerns for NYAN.
[3] - Nyan blockchain explorer; blocks are somewhat inconsistent but somewhere around the 1 minute average
[4] There doesn't seem to be anything automatically doing these stats, so I did visual inspection on about 1500 blocks (about one day) excluding the block generation reward (~250k/day). Most blocks are otherwise empty. I counted about 24 transactions or so scrolling through, with an outlier around 300k NYAN and another around 100k NYAN. In total, about 500k NYAN, excluding the block rewards. This is very approximately $3-4.
[5] Nyancoin is a basically unmodified, slightly out-of-date bitcoin as far as code goes, and ignoring the change in block rate and total coin supply, as well as the difficulty retarget after every block. So for purposes of estimating maximum possible transaction throughput, I start with bitcoin's estimated 7 transactions per second, and multiply by 10 for having a block on average every minute rather than every 10 minutes. In any event, this limit is not likely to be reached in the foreseeable future.
[6] Like bitcoin, transaction fees appear to be optional in Nyancoin. Unlike bitcoin, there is almost no transaction volume, and coins tend to sit for a relatively long time before being moved. So zero-fee transactions appear to be the norm from looking at a couple transactions on the block explorer.
[7] I couldn't find one. See the disclosure section of this article: your humble correspondent is likely represented in some way on a top 100 if one were to be made or if one exists, despite not holding it directly, depending on how the exchange holds it.
[8] I could not find any other exchanges still listing Nyancoin. SwissCex appears to have disabled it as of a couple days ago. Cryptsy has a notice that the NYAN/BTC market will be closing, but its NYAN/LTC market appears strong.
[9] Essentially all of the original sites, pools, faucets, etc. are dead and there has been very little to replace it. There is basically a single node, or perhaps a very few, which are running the blockchain. However, there is a developer still trying to hold things together, maxvall_dev, maxvall on BCT. He is the last hope for the NYAN.
[10] This is the thread where maxvall took over as dev, and it also discusses switching to PoS, which hasn't happened as far as I know.
[11] "zombie"-coin: Not to be confused with ZMB (my god, does it ever end?). This is my term to describe a coin which is "undead": by rights it should be dead. And yet it's still walking around and acting like it's alive. What is it? What's going on? It's quite debatable whether this gives it any special value, but I find it an interesting state, and it's why this was chosen for early coverage. There are plenty of actually popular and successful coins, and we will go onto covering more normal selections; we're looking for variety rather than repetition. But I think this is an interesting example for what can go wrong, and yet in the midst of that, how little it takes for a coin to survive. In fact, it's almost like an alternate history bitcoin to me; this shows the concept that "it was run on one computer before; it can be run on one computer again" to some extent. And there are even some strange pragmatic benefits as well, like having no competition for getting a transaction into a block and thus zero transaction fees.
[12] And, in fact, the author chose to do so today, spending about 0.03 BTC for about 1 million NYAN.
Additional Reading
/nyancoins - Like NYAN: mostly dead, but not quite - new official website
BCT thread listing nodes, xpool (p2pool), for mining information.
americanpegasus predicting in February that NYAN will hit $1; always an entertaining read
Instead of a challenge today, since NYAN has enough challenges, I decided I would give away 10,000 NYAN to at least the first ten people who ask for it. This still remains at my discretion, but honestly, if you really want, say, 50,000 NYAN and create four new accounts to do so, I'll probably be too amused to say no. I don't expect to get ten requests. If I get more, I'll probably still fulfill them, but as with everything else, this is left to my whim.
Donations and Disclosure
Okay, this is an important one today because of the tiny market here. I actually hold less USD value in NYAN than in BTC, DOGE, and PPC (although my value in PPC might be about equivalent actually), but I hold more of the total market in NYAN than any of those three. And I'll probably be buying more. So I have a conflict of interest in writing this article.
I am not providing financial advice and I do not make any recommendations of any sort on any matters. Make your own decisions; do your own research. Please, I do not want to hear about anyone doing anything "on my advice." I am not offering advice.
I personally hold just over 1 million NYAN on Cryptsy right now.
Perhaps it would be better if I didn't write any articles about anything I were invested inspeculating on, but I started this series for my own education to further my speculation, so unfortunately, dear reader, your needs come second to my own. tanstaafl; you get what you pay for, and I'm giving you my thoughts.
If by some strange quirk of fate you actually own NYAN and enjoyed this article and wished to donate some to me, K7Ho9HghBF6xWwS6JsepE6RAEPyAXbsQCV is mine (first non-empty account I've posted; transferred 1000 NYAN into here earlier from Cryptsy to test that the network and my wallet were actually working).
Thank you all for reading and commenting! I've already learned a lot from this process and I look forward to more!
Upcoming coins:
• January 5th: Nxt
• January 6th: Darkcoin
• January 7th: Namecoin
I'll use alphabetic labeling for footnotes in the updates to avoid any confusion with the footnotes in the original. For simplicity, unchanged items, like the 337 million limit and the 1 minute will not be mentioned, and we'll start with the summary changes.
  • ~263.7 million NYAN currently exist [a]
  • Current price: ~7 satoshi [b]
  • Current market cap: ~$8,000 [c]
  • Transaction rate: ~185 / last 24 hours; ~3,300,000 NYAN (~$100) [d]
  • Exchanges: Cryptopia [e]
  • Community: We're not quite dead yet; in fact, I think we're getting better! [f]
  • Code/Development: I have an early draft of NYAN2, but I'm about six months past my initial goal for having it available to use. Life/work/lack of build machine/procrastination. NYAN2 will be a rebase onto a modern LTC codebase which will soft fork to fix a current vulnerability to a fork bug. For now, the network still runs on the same code that it did when I wrote the first article.
I'm going to consider the community first, since I pointed it out as the weakness and central topic in the last one, then talk about the technical situation briefly, and then review the financial results.
The community has been excellent, if I do say so myself. We've got working infrastructure going thanks to the contributions of many Nekonauts (see [f]). Some original Nekonauts have returned or at least popped in from time to time, and new ones like myself have found Nyancoin (I would say given what I wrote in the original, I was still a skeptic of it at that point. Not that skeptics can't be Nekonauts, but I think I'd put my conversion to the cult of nyan shortly after writing that, even though I was already a nillionaire then for the heck of it.)
While I do look forward to seeing the community continue to grow in future years and consider that important, I don't think the community is our weakest point any longer; I think it's now our strongest point. I've tried to encourage the community's revival as best I could, including giving away tens of nillions in total, and lots of long rambling articles on my views on ethics and philosophy and frankly it's worked better than I would've really expected (or at least it has coincided with an effective recovery of the community). The community also helped me through at least a couple hard times personally in there as well.
The technical situation in Nyancoin is mostly unchanged but slightly improved, although with two additional known vulnerabilities. It's unchanged in that it's the same client. It's improved in that we have an active nyanchain explorer host (, and we have a public draft of a plan for a soft forking security fix update in the near future (hopefully by the end of March (although I've slipped these deadlines before and may well miss March for release by a bit, I do think I'm inching closer now and then)).
The most serious vulnerability is to forking. This is the bug which hit Peercoin if I recall correctly. NYAN2 is intended to solve this through its soft fork from the LTC fix upstream (from the BTC fix upstream). In the meantime, we've been lucky we haven't been attacked. The tiny marketcap probably helps with not being a particularly attractive attack target. We're not exactly about to pay ransom to move faucet outputs. But that's no excuse; we want this fixed and should have it finally done "soon" (tm).
The less serious vulnerability is to a time warp attack in the difficulty function (Kimoto Gravity Well), which relates to general weaknesses it has and issues we've had with large gaps in the block chain because of spikes in the difficulty function causing it to be unprofitable and driving away most of the hash, and then low difficulty and price rise making it attractive to more hash, creating a spike and causing it again. While this is irritating, the chain still works, even if there are fits and starts at times. An important part of the reason I can get away with this is because there is at least one Nekonaut-supporting miner, CartmanSPC, who rescues us from time to time, and did so during the course of this article being written. We have a bunch of pools, but sometimes the hash just isn't there to get us unstuck when the difficulty goes high enough. Another part of the reason I consider it not an especially serious issue is because there's a workaround which works for me (classic bad developer logic): I use a large transaction fee (generally 337 NYAN, although I might have halved it after the most recent halving, I'll probably use 337 again) on my personal wallet by default. If necessary, I use a couple of them. It can make NYAN profitable to mine again despite the higher difficulty and "unstick" the chain. The difficulty function can go back down again in the next block if the gap has been long enough, so that can be enough to keep it going again for a while (although it can also get stuck again irritatingly fast at times). A fix for this will be putting in a better difficulty function for NYAN3, which will require a hard fork. This is tentatively scheduled for feature freeze around the middle of this year, coding to follow, activation sometime early 2017.
Financial has been our most disappointing performance. A graph of the 1 year performance right now on coinmarketcap looks pretty sad, showing our fall from a little over 60 satoshi down to around 7 satoshi now.
We rose too high, too fast, and I didn't stick with the safe high paying job like a sane person. Instead I hit the road, went to jail, and worked minimum wage. That doesn't sound like a sentence from a cryptocurrency financial review, does it? But the performance of NYAN since the article has been the story of my personal finances, which is the story of my life since then.
So, autobiographical coinaday interlude, trying to keep it generally to the most salient points. Well, in 2014 I had been on my way home to Minnesota from California when I was pulled over leaving Eureka, Nevada for speeding (got sloppy and went 45 approaching the 45 sign and thus technically still in the 35; bored cop seeing out-of-state plates). My vehicle reeked of weed, what with having been in Mendocino County previously with no intention of traveling out of the county much less state anytime soon but family emergency brought me back, and the end result was a citation for possession of cannabis and paraphernalia along with the speeding.
Fast forward to the beginning of 2015, I'm settled into a good software position and start looking more at cryptocurrency in my spare time. I write the coin-a-day series for a bit and then got annoyed and quit after a while when trying to do one a day on top of an actual job was too much for me (along with some annoyance over criticism; I can be rather thin-skinned at times). But I had gotten interested in Nyancoin, and started buying it up more and more with extra money I was making.
And then comes the crash. I had to stop putting as much in as I realized that where I was living and what I was working on wasn't going to work out for me and I needed to figure something else out. So, as I seem wont to do, I went on a roadtrip. I quit my job. And I went back for the court date for my citations and refused to pay, instead spending 10 days in jail rather than pay ~$1400 (I actually had the money in cash available to me if I chose to pay as a backup if I chickened out, but the judge annoyed me enough that I really preferred to be jailed instead of paying, as stupid as that sounds since I'm quite sure the judge didn't care in the least one way or another).
After that, I went back to roadtrip lifestyle for a while. It was a nice period. A lot of beautiful scenery; a lot of reading. Eventually, I busted up my car pretty badly...a couple times actually, the second time for good. Fast forwarding through the rest of the year, I worked a couple minimum wage jobs to pay bills and avoid cubicle life and kill some time until I figured out what I was going to do next. Just recently I quit as delivery boy after getting a speeding ticket (I swear, I'm not as horrible of a driver as this makes me sounds, although I have had a bad tendency to speed in the past, which I really have curbed to almost nothing; but I'm clearly not good enough) and am currently writing a Coin-a-Year article with a friend's incentive and applying to do documentation and development with the Nu project.
Okay, so what did any of that have to do with NYAN? Well, it's the mess of a life that has led to the fall of the price from 60 satoshi to 7 satoshi. If instead my life history for the time since the article had been simply "I was happily employed writing software", then I don't believe we would have dropped below 20 satoshi. It's easy to see in hindsight. If anyone can lend me a time machine, I'm sure I can get some condensed instructions which should improve performance significantly. Otherwise, just going to have more chalked up for the "character building" tally.
So, lessons learned if you are the major buy support for your coin: you need long-term reserves. Whatever you put in bids can be taken out in a moment by a dump for no apparent reason. This is particularly true if you may be quitting your cushy, high-paying job and wandering around without income for an extended period of time. Rather obvious, but hey, maybe someone else can learn from my mistakes. If I'd been bidding as cautiously as I am now from the beginning, I think the price would probably be somewhere from 10-20 satoshi now instead of around 7 satoshi.
It's especially unfortunate given that I wanted to be able to demonstrate the more consistent growth possible building a stable store of value, as opposed to the pump and dumps common in altcoins. And instead we had a pump-and-dump looking graph ourselves after I bid up higher than I was able to sustain, and a large (10+ nillion) instadump crashed the market all the way back down to 1 satoshi momentarily. We've had a few large (2+ nillion) dumps since, but nothing that large. We haven't generally had that large of bids though either.
It's hard to know when I've exhausted the supply at a price level, when it sometimes waits for a couple weeks or even more and then fills all the bids at once. But I want to maximize the minimum price paid because I think that's important for building confidence in a store of value long-term, which is one of my core goals for NYAN.
At the same time, we're still up from the lowest parts of the floor and where I found it. Since I own about 30% [g], the very cheapest supply has been taken off the market. I plan to keep on buying up "cheap NYAN" as much as I can. I've bought up to 60 satoshi before, I'll probably buy up that high this time around. I've got a token 100,000 NYAN ask at 300 satoshi; I hope never to sell lower.
Now I try to wrap it all together as if I saw this all coming and am the wise expert, despite having had about 90% drop in price in the last year after bidding too high. My original concept was taking the "minimum viable coin" and reviving it to a powerhouse as a textbook example in how to do it.
Part of my core concept in this is the arbitrariness of value: throughout history, humans have chosen any number of things as a store of value for the time: salt, large rocks, certain metals, disks, marked sticks, and so forth. While there has generally been a certain logic in the choice, in that there is a locally restricted supply in one way or another, and so forth, from the perspective of other centuries or cultures the choices can seem quite strange. Growing up, I was always struck by how strange the notion of salt being limited and valuable seemed in a world where people were trying to reduce intake and large amounts could be bought for trivial sums. And yet, a key nutrient necessary for life fundamentally makes more sense as being valuable than notched sticks or printed paper or a piece of plastic with some encoded information.
Humans have perpetually come up with stranger and stranger ways of storing and transferring value. Each new step, as always, comes with its own disadvantages and, frankly, has generally appeared nonsensical at best and fraudulent at worst to the status quo. Which doesn't mean that each new attempt is valuable. The gold bugs always like to point out that every fiat currency ultimately returns to its true value of zero. And the skeptics of cryptocurrency argue that all cryptocurrencies will eventually return to their true value of zero.
It's certainly possible. And it's possible the USD will hyperinflate someday. I tend to try the moderate view for a plausible guess of the future. By that type of logic, I would guess that over the course of decades, USD will in general lose value, and cryptocurrency will tend to slowly gain value. That might not seem the moderate view, but USD not losing value over decades would be truly shocking. And hyperinflation has been predicted since the USD went off the gold standard, or before. So some amount of inflation less than hyperinflation seems like the safe guess (but then, the Titanic arriving would also have seemed like the safe guess to me). And with cryptocurrency, I think it's clear by now the technology will continue to survive. So my first question is with what overall value as a market? It could go down, of course, but that seems unlikely in an already small, young market. Even if all the current crop die off and are replaced, whatever cryptocurrencies are around should be able to do better than a handful of billion in market cap in my view.
I believe that cryptocurrency has a bright future ahead of it. The best coins should ultimately survive and thrive. But I've been wrong on most of my major calls so far, like for instance when I thought BTC was over-priced around $5-$10.
I think Nyancoin can have an important role to play in the future of cryptocurrency in the years and decades to come, but it's a massively speculative long-shot. See also Nyancoin risks document. But like Linus Torvalds' autobiography, I try to keep "Just for Fun" as a core motto and principle. It's makes for a good hobby project because there will always be more to work on, with a core community motto of
Disclaimers / Sponsorship:
As I said before:
I am not providing financial advice and I do not make any recommendations of any sort on any matters. Make your own decisions; do your own research. Please, I do not want to hear about anyone doing anything "on my advice." I am not offering advice.
And I'll reiterate that I own about 30% [g] of the current supply of NYAN, which makes me by definition maximally biased.
Also, I'm not sure what's up with the address from the first post. It doesn't show up in my current wallet as a recognized address. So, anyhow, don't send there. :-) If you'd like to donate, please consider sponsoring a coin-a-day or coin-a-week article.
This is the first sponsored article. This Coin-a-Year article has been brought to you by spydud22 's generous patronage. I'd been meaning to do a Coin-a-Week article on Nyancoin for a while, but between wanting to "wait until the price recovered a bit" and general procrastination, then it seemed like it would make a good Coin-a-Year article, and then I wanted to wait until the price recovered a bit more...anyhow, so thank you spydud22, for causing me to finally do this. :-)
  • [a] ; as of block 1091430, 263738786.71890615 NYAN outstanding. This is slightly over 50% more than the last report, which is what we would expect, since it had existed for about a year then, and has approximately annual halvings. The first year generated about 50% of total supply; the second year generated about 25% of total supply. We should expect in a year to have about 17% (one-sixth) more than we have now.
  • [b] ; this is the only market reflected in coinmarketcap and it is the primary one on which I trade. Cryptopia also has other base pairs which operate at significantly higher spreads (lower bids; higher asks) and have minimal volume. In the time since the last report, NYAN has traded as high as 60 satoshi (and briefly a little higher at times), but over the last almost twelve months since a peak about a year ago, the price has been generally declining overall, as a gross oversimplification of a lot of movements. This has been an effect of me not being able to keep buying as much and there being large dumps I wasn't expecting from time-to-time. Now I'm taking the approach of building large (one or more nillion (million NYAN)) bids on each price as I slowly work my way back up again in order to be able to handle possible dumps with less price shock.
  • [c] ; as noted in [b], this only reflects the /BTC basepair on Cryptopia but that's where most of the volume is anyhow. Of course, the market is also not particularly liquid since I'm the primary buyer and have rather limited means currently.
  • [d] I haven't setup a script to count this yet, among many things on my to-do list for someday, so I went through by hand from what was the then-latest block of 1091430 on back to 1089766 which was the first block generated less than 24 hours before. There was actually a three and a half hour block gap at that point, such that the next prior block was about 24 hours and 15 minutes before 1091430 while 1089766 was only about 20 hours and 45 minutes prior, and has a disproportionate number of transactions and value compared to a typical block (8 and ~313,000 NYAN respectively) from the build-up during the gap. But since that gap conveniently started right about at the start of the 24 hour period, doesn't really skew our results here.
Note that there are often times where the UTXO created during one transaction during the day is spent during a later transaction in the day. This can be considered the "same" Nyancoin being "spent" twice in the same day in our total. But in practice, I believe what's happening here is the faucet is breaking off small (10-50 NYAN) pieces from a larger (~40,000 NYAN) chunk, and so that pops up a bunch of times. So the total NYAN blockchain volume as counted for this topline number should not be interpreted as "NYAN spent in the day" but "NYAN moved on the chain", where the "same coin" can move many times. So it's a very easily gamed metric and not a strong / resistant metric like the market price tends to be (at least relatively speaking), but it's a fun number to calculate and provides a little bit of information.
The transaction count can also be easily inflated and certainly, for instance, having the faucet does generate transactions which are a very common transaction.
And this is also just an arbitrary 24 hour period compared to a previous arbitrary 24 hour period. Nonetheless, I do think there's clearly a bit more activity on the Nyanchain, even though the typical block is still empty and the number of transactions and volume is still tiny compared to the major cryptocurrencies.
Here's an arbitrary example of the faucet transactions Note the zero transaction fee, which I love that the miners support (the defaults are all quite low as well).
Here's an example of what may be the smallest transaction by NYAN volume of the day; but no, I followed its small, spent output, and it led to this gem which also links to this. I have no idea what's going on here, but it's hilarious and I love it. How's that for microtransaction support? :-)
  • [e] Obviously Cryptsy went down. We had had more than enough red flags with Cryptsy (including one time where I was able to withdraw 6 nillion more than I had in my balance) and got onto Cryptopia. spydud22 basically accomplished that for us, although I helped out in the tail end of the campaigning.
  • [f] Our community is still small (I wish there were literally dozens of us!) but we've had valuable activity from multiple people, including, just as highlights, vmp32k who hosts, a clone of the original, jwflame who created the excellent intro site, with the awesome status page (which currently notes that "the last 500 blocks actually took 111 minutes, which is approaching the speed of light, causing the universe to become unstable"), KojoSlayer who runs the faucet and dice, spydud22 who got us on Cryptopia, and many other Nekonauts have made worthy contributions, and the Nekonauts mentioned have done more than just that listed. So while we are small, we are active at least from time to time and technically capable.
Even though our posting rate is still around 1 post a day or so on average, and so still a relatively quiet subreddit (and it is our main (only?) hub), it's still a very noticeable and significant difference from how /nyancoins looked when I was reviewing it for the original piece here. Here's an attempt to approximate what was there using Reddit search ; has a snapshot on January 19th, 2015, which is well into the early revival mania and one from August 14th, 2014, before four and a half months of little to no activity. Apparently unsubscribed to /nyancoins in that interval itself...
  • [g] Maybe up to around 35% by now; maybe still around 30%. I haven't updated hodling report lately; it was 30% last time I recall, but I've bought more and more has been made since.
submitted by coinaday to CryptoCurrency [link] [comments]

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PROOF: Click the pic to zoom in, and on the left is the Dashboard with the totals, etc, and then on the left is a few tabs on mining. Keep in mind, you can run as many as you want on as many tablets/computers/laptops, so you can really add up the coins. Good luck!
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