May 5, 2025
Free Bitcoin Fauucet from 2010 is All Set for a Comeback thumbnail
Business

Free Bitcoin Fauucet from 2010 is All Set for a Comeback

The Original Faucet Distributed 5 BTC per user for free, whoh is Now Worth Nearly $ 500,000 per Transfer.”, – WRITE: www.coindesk.com

Logo

Free Bitcoin Fauucet from 2010 is All Set for a Comeback The Original Faucet Distributed 5 BTC per user for free, whoh is Now Worth Nearly $ 500,000 per Transfer. May 5, 2025, 12:46 pm

DRRIPING TAP FAUCET (Coindesk Archives)DRRIPING TAP FAUCET (Coindesk Archives)

What to Know:

  • A Bitcoin Faucet, Reminiscent of the Original Created by Gavin Andresen in 2010, is Being Relaunched by Charlie Shrem.
  • The Original Faucet Distributed 5 BTC per user for free, whoh is Now Worth Nearly $ 500,000 per Transfer.
  • The New Faucet Site is Not Yet Operatorial and Currently Holds No Bitcoin.
A Relic of Bitcoin’s Earliest Days Is Making A Comeback, Potentally Reviving A Tradition that Out Out Bitcoin (BTC) For Fore to Anyone Whoone Could Solve A SIMPLE CAPTCHA.

Charlie Shrem, An Early Bitcoin Developer and Entrepreneur, Teased The Relaunch of the Bitcoin Faucet Earlier Monday, Posting A Link To The Page That Mimicked The Built.

The Faucet Famously Distributed 5 BTC per user to their bitcoin Wallets for Free Back WHEN The TOKEN WAS WAS WORTH LESS THAN A CENT. Each of thoss transfers is a werth Nearly $ 500,000 at Current Prices.

The Website Is Not Yet Live With Rewards and Holds Zero Btc As of Early US HOURS MONDAY.

(21million.com)(21million.com)

The Original Faucet Was Designed to Help Onboard New Users to the Bitcoin Network at A Time WHEN BUYING OR MINING BTC WAS CUMBERSOME AND OTHEN REQUREED TECHNICAL KNOW-HOW-HOW-HOW.

At the Time, Andresen Funded the Faucet with 1,100 BTC and SAW it as a Way to Grow the Network Organical. The Idea Worked: Thousands of Early Users Got Their First Exposure to Bitcoin Through the Faucet, Who, Who, In Hindsight, Distributed Small Fortunes For Free.

By the Time the Faucet Shut Down, Its Payouts Dwindled to Fractions of A BTC, But Its Cultural Impact Remainned LEGEDARY – ESPECALLY AS BTC PRICES SURGED Over.

Shaurya Malwa

Shaurya is the co-leader of the coindesk tokens and data team in asia with a focus on crypto derivatives, Defi, Market Microstructure, and Protocol Analysis.

Shaurya Holds Over $ 1,000 in Btc, Eth, Sol, Avax, Sushi, Crv, Near, YFI, YFI, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, CAKE, Vet, Vet, Vet RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, Banana, Rome, Burger, Spirit, and ORCA.

He Provides Over $ 1,000 to Liquidity Pools on Compound, Curve, Sushiswap, Pancakeswap, Burgerswap, Orca, AnaSwap, Spiritswap, Roki Protocol, Yearn Finance Olympusdao, Rome, Trader Joe, and Sun.

X Icon

Shaurya Malwa

Related posts

Semler Scientific Adds 167 Bitcoin, Bringing Holdings to 3.634 BTC

unian ua

Donald Trump Denies Claims of Profiting from Trump Token

unian ua

cccv

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More