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The easiest way to get free bitcoins.

Get Bitcoins Free


Get Free Bitcoins

If you’re looking to get free Bitcoins, we have the information that you want. We suggest you bookmark this page so that you can visit it daily, or even more frequently. While our list of websites that provide free Bitcoins is not the longest one available, we believe it is the best. Why isn’t it the longest? Simple. There are some sites we visited that do indeed give away Bitcoins for free, but while we were on those sites our security systems blocked attempts to download suspicious software onto our computer. We do not want to include any questionable websites in our list.

Additionally, there were some sites that claimed to offer free Bitcoins, but every time we visited those sites, they were “out of Bitcoins at the moment.” It’s one thing to advertise free Bitcoins, it is another to actually give them away so that they are securely in your wallet.

Some of the sites listed below are Bitcoin Faucets, which are basically sites that will provide you with free Bitcoins without requiring you to perform any action other than pasting your wallet address and verifying you’re a person by filling out a captcha. Other sites will require you to perform a simple action, such as visit a web page for a specified period of time (typically 3 to 5 minutes), watch a video, fill in a survey, or vote yes or no on a question.

We’ve provided the list below with our favorite sites listed first. When you use the link we provide, the site will open in another window. Simply follow the instructions at each site to collect your free Bitcoins. Some sites will send the Bitcoins to your wallet very quickly, while others will only send them once per day. The amount you can expect to receive from each site varies from 0.000001 Bitcoin all the way up to 0.1 Bitcoin. Remember, it’s a good idea to bookmark or save this page as a favorite so that you can use this handy list every day.


Here’s the list, go get some free Bitcoins!

1. Bitvisitor.com - get paid free Bitcoins to visit websites. Lots of sites to visit, this is consistently at the top of our list.

2. Earnfreebitcoins.com – You can earn free Bitcoins by visiting webpages. The average time you need to remain on the page is 3 minutes, but you can open another window and be checking email, browsing, or whatever you’d like while earning bitcoins in a different window.

3. Bithits.info - View websites and get paid free BTC.

4. iwantfreebitcoins.com - The name says it all! You should make this site part of your daily routine.

5. Cointube.tv – We all love to watch videos, and this site makes it possible to get paid free Bitcoins just for watching videos! The site is relatively new, and it doesn’t have a huge number of advertisers yet, so it does run out of videos for you to watch. if so, just come back a few hours later and it will have more for you to view.

6. Coinvisitor.com – Another site that gives you free Bitcoins to visit websites. Easy to use, and pays quickly.

7. BitCrate.com – A good site that has decent payouts, but it frequently runs out of Bitcoins to give away. Check back often.

8. CoinAd.com – CoinAd is a “free bitcoins” website, where you can get small (sometimes big) prizes every hour. All you have to do is to input your Bitcoin wallet address, security code, wait a few seconds and click the ‘Go!’ button.

9. NetLookup.se – Just enter your Bitcoin wallet address and get free Bitcoins every day.

10. Bitcoin4you.net - This site consistently makes the top 10.

11. Coinreaper.com - Visit the site and reap your free Bitcoins. Fast loading and easy to use.

12. Bitcoins4.me - Clever name that does exactly what it promises.

13. VirtualFaucet.com – Simply enter your Bitcoin address and you can receive free Bitcoins every 30 minutes.

14. Bitcoiner.net – A popular site with a good deal of offers.

15. cointicket.org – Can we say this is your ticket to more free BTC?

16. FreeCoins – Decent site that provides small amounts of Bitcoin daily.

17. Dailybitcoins.org - another site that provides a small amount of Bitcoins per day.

18. Bitcoin Street Faucet - Requires a cell phone to receive a text, but good payout of 0.0015 Bitcoin.

19. Freedigitalmoney.com – The name describes exactly what the site does. The free digital money comes in the form of Bitcoin. Simply enter your wallet address and receive your Bitcoin.

20. Peerbet – this site asks for your Peerbet username, but provides no way to get a “username.” That’s OK, though, simply enter your Bitcoin wallet address as the username, and your free daily Bitcoin will be sent immediately.

21. TheFreeBitcoins.com – Simply enter your Bitcoin address, solve the captcha to prove you’re human, and you can get free Bitcoins every 30 minutes.

22. FreeBitcoins.me – Another Bitcoin faucet where you simply enter the address of your Bitcoin wallet, solve the captcha to prove you’re human, and you’ll receive free Bitcoins. You can continue to enter your Bitcoin address every 30 minutes, and each time you do, you’ll get more free Bitcoins.

23. FreeBTC4all.com – Yet another faucet site where you simply enter your Bitcoin address, solve the captcha to prove you’re human, and you will receive free Bitcoins every half hour.

24. BTC4you.com – It’s not a lot, but still another faucet at which you simply enter your Bitcoin address, solve the captcha to prove you’re human, and you can get free BTC. Come back every 30 minutes and request more…

25. BitcoinAddict.com – You can receive the amount of Bitcoins that appears on the main page. There is always a small amount of Bitcoins available as a consolation prize, but during the day at random times they give away much more valuable prizes. Enter your wallet address once per day and earn free Bitcoins daily.

Beginners Guide to Mining Bitcoins



One of the biggest problems I ran into when I was looking to start mining Bitcoin for investment and profit was most of the sites were written for the advanced user. I am not a professional coder, I have no experience with Ubuntu, Linux and minimal experience with Mac. So, this is for the individual or group that wants to get started the easy way.

First thing you need to do is get a “Bitcoin Wallet”. Because Bitcoin is an internet based currency, you need a place to keep your Bitcoins. Got to http://www.bitcoin.org and download the Bitcoin client for your Operating System. Install it the client will begin to download the blockchain. Downloading the blockchain can take a long time and will be over 6GB of data. If you have data caps, I would recommend ordering a copy of the blockchain on DVD to keep from going over as it is growing exponentially. Click to order the bitcoin blockchain by mail. Once the client is up to date, click “New” to get your wallet address. It will be a long sequence of letters and numbers. One of most important things you can do is make sure you have a copy of the wallet.dat file on a thumb drive and print a copy out and keep it in a safe location. You can view a tutorial on how to create a secure wallet by clicking the link on the top of the page. The reason is that if you computer crashes and you do not have a copy of your wallet.dat file, you will lose all of your Bitcoins. They won’t go to someone else, they will disappear forever. It is like burning cash.

Now that you have a wallet and the client, you are probably roaring to go, but if you actually want to make Bitcoin (money), you probably need to join a pool. A pool is a group that combines their computing power to make more Bitcoins. The reason you shouldn’t go it alone is that Bitcoins are awarded in blocks, usually 50 at a time, and unless you get extremely lucky, you will not be getting any of those coins. In a pool, you are given smaller and easier algorithms to solve and all of your combined work will make you more likely to solve the bigger algorithm and earn Bitcoins that are spread out throughout the pool based on your contribution. Basically, you will make a more consistent amount of Bitcoins and will be more likely to receive a good return on your investment.

The pool that I’m involved in is called Slush’s Pool so I will be giving instructions on how to join there but feel free to look at other options. Follow the link to go to their site and click the “Sign up here” link at the top of their site and follow their step by step instructions. After you have your account set up, you will need to add a “Worker”. Basically, for every miner that you have running, you will need to have a worker ID so the pool can keep track of your contributions.

If you are mining with an ASIC, please go to our Mining with ASICs page. The following will only pertain to GPU miners.

Most of the mining programs out there are pretty complicated to setup and will frustrate your average user. Recently a great program has come out to get the most basic of users started. The program is called GUIMiner. Click the link and download the program (Be careful, some of the ads are set up to look like the file download). Install and run the program and add in your information from Slush’s Pool. Remember that the user name is actually the worker name. The worker name will be your user name, dot, worker ID (username.worker ID) and the password from that worker ID.

Now that you are set up you can start mining. If you feel like you want to make more Bitcoins, you might want to invest in mining hardware.

Rich-Get-Richer Effect Observed in BitCoin Digital Currency Network

Rich-Get-Richer Effect Observed in BitCoin Digital Currency Network



Econophysicists studying the way people accumulate a new form of digital currency say they have observed the famous rich-get-richer effect for the first time

In January 2009, a small group of Internet enthusiasts began an unusual economic experiment when they began to trade a new type of digital cash known as BitCoin. After a shaky start, the idea caught on and grew rapidly after 2011.

Today, bitcoins can buy a wider range of goods and services. In total, the BitCoin marketplace has hosted over 17 million transactions and the value of all the bitcoins in circulation is over $1 billion.

One interesting aspect of this marketplace is that the complete list of all transactions is publicly available. And this gave Daniel Kondor and buddies at Eotvos Lorand University in Hungary an idea.

These guys have downloaded this complete list of transactions and reconstructed the entire financial history of each account in the market. Using this data, they have recreated the flow of digital cash through the network and studied the resulting patterns of wealth creation and accumulation.

“We believe that this is the first opportunity to investigate the movement of currency in such detail,” they say.

Kondor and pals recreated the network so that each node represents a BitCoin address and drew a link between two nodes if there was at least one transaction between them. They then analysed the way the network has evolved over time.

Kondor and co say that the evolution clearly occurred in two separate phases. Before 2011, the system was used only by a few enthusiasts and the bitcoins had no real-world value. During this time, there was little activity and the various measures of network structure varied hugely.

In 2011, however, BitCoin began to get significant media coverage which attracted many more users. The currency also became more attractive after an exchange was set up that allowed bitcoins to be traded for dollars. During this second phase, bitcoins started to function as a real currency.

The team’s key finding from this second phase is related to wealth accumulation. Kondor and co say that the network grew by preferential attachment. In other words, a node with a large number of links is likely to attract more links than a node with only a few links.

This is a well-known effect in network science. Economists call it the Matthew effect after the biblical observation that the rich get richer.

Examples of the Matthew effect occur in many networks. Popular websites are likely to grow more rapidly than less popular ones, for example. And a similar process is thought to occur in real economies where the rich really do seem to get richer.

The Matthew effect is thought to be the origin of the 80:20 distribution of wealth– that 20 per cent of the population own 80 per cent of the wealth.

Kondor and co say a similar phenomenon is clearly observable in the BitCoin network. Not only are popular nodes likely to attract more links, their wealth is also likely to grow more quickly than less popular nodes. “The ability to attract new connections and to gain wealth is fundamentally related,” they say. “The “rich get richer” phenomenon is indeed present in the system.”

An interesting aspect of this currency is that the transactions are largely anonymous. As a result, the buying and selling of illegal goods and services is probably overrepresented in the network.  If so, the Matthew effect must be at work even in this shadowy world.

This kind of approach has significant potential for future studies. Kondor and co say the transparency of the network means that this system could be hugely valuable for econophysicists wishing to evaluate and refine their models. In no other system of currency is it possible to study what goes on in such detail.

Could bitcoins eventually replace ordinary cash? Kondor and co avoid making any predictions, but the evidence they have unearthed is that the BitCoin network already functions in a way that is uncannily similar to real world currencies. So in that respect, there is nothing to stop it being more widely adopted.

How to Get Rich on Bitcoin

How to Get Rich on Bitcoin, By a System Administrator Who's Secretly Growing Them On His School's Computers



Bitcoin, the world’s first decentralized, open source electronic currency, is beginning to turn heads. Right now the virtual money is trading at around nine dollars USD in real money. It’s also considered by some to be the most dangerous project on the Internet.

Unlike the various virtual currencies that have found traction (and attracted some controversy) in the world of massive multiplayer online games, where they’re used to purchase virtual farms or weapons for slaying Orcs, Bitcoins have a more serious glimmer. They rely on a novel mechanism – developed by a Japanese computer science student – by which value is accumulated through peer-to-peer networks. They can’t be forged or stolen, nor can their value be artificially inflated; transactions based on them are untraceable (cue the bad guy James Bond music).

 

* See more bitcoin coverage on Motherboard.

Some people think it’s a load of nonsense; others say Bitcoin has the capacity to topple governments. Bitcoins are already being accepted by a variety of websites spanning markets like gaming, music, electronics and more. Others, meanwhile, are simply using them to sell drugs and buy prostitutes, among other things. Regardless of how they are used, one thing’s certain: Bitcoins have certainly got a lot of nerdy people talking.

To get a better understanding of how these things are made and what they can do, I sat down with a Bitcoin miner. Our subject – a system administrator at a college in the New York area – has turned his school’s computers into a server farm to get more buck for his bang, so to speak. Because of the nebulous legal and ethical nature of his scheme, he asked to remain anonymous.

How did you hear about Bitcoins?

I read an article online about how you can make money just by running software on your computer. You can make this fake digital money and then convert it into real money and I said, “Alright. I’ll do that.”

You work at a school, and your job is IT Director essentially?

Yeah, so I have access to the root account of a lot of the computers in a lot of the labs. I figure this summer, when the computers aren’t being used, I’d basically have my own little server farm.

Now explain what you are doing with the computers and Bitcoins?

On the computers there’s a Daemon that runs at startup that basically calls a specialized script; each of the computers has its unique username and password, logs into a server, gets a chunk of mathematical work to do, and reports back when it has a solution.

And how many computers do you have running it?

Right now I have it on about 15. I haven’t decided yet whether or not to to scale it up to the maximum I could do, which is about 60.

Is that illegal?

Well, Bitcoins are legal. Using the computers to do this? I am pretty sure that’s a grey area. I’d be hard-pressed to tell you which law I was breaking. I am pretty sure my employers wouldn’t be thrilled if they found it though.

Do you think they would even understand what was going on?

Most likely not.

Before we start getting technical about the whole process, could you talk about who uses Bitcoins, from what you understand?

That honestly wasn’t something that concerned me. It was more the fact that this is a digital currency I can make that, a couple months ago, was worth seven cents a unit and is now worth seven dollars a unit.

To whom?

There’s an online Bitcoin exchange, where you can see real time value of Bitcoins and I can tell you it was higher today then it was yesterday.

Ok, so get technical. What is it? How does it work? Pretty much tell me everything you understand about it.

Alright, I don’t understand all of it. I’m not sure anyone really understands all outside of the people who made it. So, it’s a digital currency, a record of it is kept but otherwise it’s completely anonymous. It’s peer-to-peer, so there are no central servers, it’s basically un-hackable and it really can’t be shut down, because there is nothing to shutdown, it’s just software running on people’s computers.

What anarchy looks like

What type of software do you use to make Bitcoins?

To get or receive a payment you have to have the Bitcoin application running, or you could subscribe to a service that could have the application running for you. Basically Bitcoin relies on cryptography, so it’s a mathematical problem that can only go one way. I send money to you, both of our addresses are attached to the Bitcoin and randomized to keep things anonymous, and I can’t spend that Bitcoin again, because when I send the transaction, it goes out to all nodes on the network and they’ll all know that I’ve already spent that Bitcoin.

Then the transaction records between customer and merchant get added to a long transaction register which then goes on to become a “block.” And that’s where the mining comes in, which is how you make the actual Bitcoins. Mining is essentially a brute force hack. When you’re making Bitcoins, you’re “solving” the block. The block is a long transaction register of Bitcoins. They are all put through this mathematical equation that can only be solved one way. The only way to solve it is basically to hack it

Now who makes the block equations?

The users do. Every time a transaction is done it adds to the end of the block.

So trading Bitcoins creates more Bitcoins?

Not quite. Solving blocks creates more Bitcoins. Trading Bitcoins creates more blocks.

What does a user have to do to actually install the software and what happens after it’s installed?

I actually realized that I left out a very key point. You can download the official Bitcoin software and just click a little check box that says “generate coins.” From there your computer will try and solve a block. And if it solves the whole block, you get 50 Bitcoins. But, depending on the speed of your computer, it might take you a year or longer to solve a block. There is a service called “pooled mining,” which splits up a bunch of these problems into little tiny problems and then everyone in the mining pool splits the reward based on how much they helped.

Like how BitTorrent breaks up movies with various users seeding them and then you download a full package?

Similar to that. It’s more akin to how a big production company may have a render farm set up for a feature film or something. They can send out a frame and it’ll go out to a bunch of computers simultaneously, as opposed to one computer trying to do all the work.

So basically the Bitcoin economy is based on processing power and access to processing power? To be rich in Bitcoins, someone would have to have a server farm by himself making Bitcoins.

Yeah. With a server farm you can theoretically generate blocks faster then anyone else.

How long can this exchange go on for? Is there a limit to the amount of Bitcoins that can get made?

There is a theoretical limit of around 21 million Bitcoins, but blocks will still have to be solved to verify every transaction. There is a function for transaction fees that’s supposed to sustain the network from that point.

So it’s a currency that’s rewarding users for making more of it, which then, through the exchange, creates the process that makes more of it?

Right.

That’s really genius.

It’s really devious. Since it can’t be stopped and because it’s completely anonymous. There was a site that was basically an eBay for drugs where you could pay in Bitcoins and none of the transactions could be traced. I even saw a service where you could mail in cash in an envelope and have it converted into Bitcoins.

That’s the nerdiest drug dealing I have ever heard of.

There was an article I read saying that Bitcoins had the potential to destabilize the world economy. But it was referencing someone paying for a prostitute with Bitcoins on his iPad.

What do you hope to use the Bitcoins for when you make enough to use them?

To be honest, and at the risk of being boring, I just want to trade them for cash. The way I see it, if the value keeps going up, then my investment is pretty sound. I mean, Bitcoin raised its value by a factor of 100 in the past three months. I don’t know if it’s going to do that again, but if it did, the one Bitcoin which I made today which is now worth 7 dollars will be worth 700. At the current trading prices, if i set up the software on all of the computers I have access to, I could be making about 35 hundred a month.

And if it did make another jump, that could be worth a ton of money.

Right. Right now I’m making a Bitcoin about every five days. That’s not a lot of money, but it means that at the end of the year I’ll have around 50 to 60 Bitcoins.

A Bitcoin mined through distributed computing is a Bitcoined earned

Where do you think this whole Bitcoin thing is going?

Really, it’s either going somewhere or it’s going nowhere. People may find it too impractical and that not enough people are running it, or nobody is accepting them and it just becomes an erroneous currency that doesn’t really have any value. The problem is it’s value is how much people want it. If nobody wants Bitcoins, why would you accept Bitcoins? Or it goes somewhere and it becomes a competing currency in the world market. The third option is that it’s made very illegal with very stiff fines.

The third option seems very likely.

It wouldn’t surprise me if it became prosecutable to the level of LSD, where it constitutes treason.

That seems plausible.

I’m not too sure about that.

I don’t know. I mean you’re in a competing economy that has no bearing, well I guess a tiny bearing, on the U.S. economy.

Theoretically if you were just somebody who buys Bitcoins – mining is something different – but if you were just to buy Bitcoins because you see the market value going up, you’re the same as a forex trader. Your just trading in a foreign currency exchange. You can go buy euros and sit on them if you think they’re going to out-pace the dollar. The benefit for me is, I don’t actually have to buy the Bitcoins, I can make them through this very obscure cryptographic process.

Do you think Bitcoin as an economic system is a smart idea because it kind of regulates itself?

Well I can’t tell, there are two schools of thought on the subject: one, when the Bitcoin currency tops out at 21 million, the whole thing is going to be subject to massive deflation and the Bitcoins are going to go up so much in value that no one is going to want to spend them, and the whole Bitcoin economy is going to collapse. The second idea is that the Bitcoin unit will become too valuable to spend on a product—move the decimal place over a spot, start trading in micro Bitcoins and call it a day, because the system goes out to like eight decimal places.

Because all the guides on this are wikis,, there’s competing opinions on everything. It’s weird because, in a sense, it’s almost like A.I. I don’t think the people who created it know exactly where it’s going and it’s one of those things that was created but now exists independently of its creators. They can’t say, “oh we don’t like this” and shut it off. There is nothing to shut off.

Kind of like the Internet.

Well with the Internet, you could take out a couple key nodes and it wouldn’t exist anymore. With Bitcoins you would have to call everyone who is using it and say, “you can’t be using this anymore.” Say everyone stopped using Bitcoin but I had Bitcoins and you had Bitcoins. We could be the only people using the software online and I could still send them to you. I mean, it would take forever for the block to be formed but that’s another story for another day.

Where was Bitcoin first talked about? As far as you know?

The guy who invented it, Satoshi Nakamoto, wrote a technical paper on how it would work and it seems to be the first implementation on this concept of cryptocurrency, which is currency based on cryptography. I think, but I am not sure, it was first written about on a cyberpunk mailing list in 1994, which does seem like something out of Blade Runner. It’s like the concept of credits, only it’s not controlled by the government. It’s not controlled and it’s not controllable.