Post
Topic
Board Micro Earnings
Re: [ANN] Microwallet.org - API + free faucet script, start your own faucet!
by
karololszak
on 02/11/2014, 17:04:33 UTC
I just found this site, faucetbox.com, seems legit, nice design and all, has a faucet list like "land of bitcoin" and even a microwallet migration guide. I'm going to move my faucet over there, we'll see how it goes...
fishy. it says it's takes 5% from faucet owners' deposits to cover the transaction fees to users, but then takes the transaction fees from the faucet users when they withdraw. so they're taking a cut from both sides and not being clear about it. and that's a hell of a lot more of a cut than microwallet takes.
"but then takes the transaction fees from the faucet users when they withdraw" - what? I haven't seen that happening.
As I understand it, if you'd have 100k satoshi on your account and you'd withdraw, you will receive 100k satoshi and they will cover networking fees (using the 5% they took from faucet owners, not you).