Welcome to our post on our idle cryptocurrency and what we do with it.
It is no secret to us. We have sat there watching our crypto numbers. They have gone up. We see them go down. There is lots of red and green too. We trade. Some we win and some we lose. We give some away via our free cryptocurrency faucets. We claim from crypto faucets.
But essentially, like many people, we do not yet use crypto to its’ fullest possible potential. As a result of this, we have idle cryptocurrency.
So we thought about it for a while, and sourced ways where we can earn something on the crypto we had laying around in our wallets.
Our Game Plan Forms for Our Idle Cryptocurrency
It all started with our BTC. A little while ago now, we put pretty much all that we had left of our BTC reserves into the Free Bitcoin website. This has been slowly earning interest for us on a daily basis, along with the free btc we can claim from the various types of free spins we can do, hourly, and also via email links. We have also obtained a little over 18600 fun tokens there, which at the time of writing, is worth about 0.00094BTC. Our base account has around 0.0021BTC in it at this same time.
Recently, it was decided that we would put the majority of our crypto into protocols that allowed for earnings whilst it was just sitting around. Undoubtedly, there are quite a large number of such protocols out there in the cryptosphere, but we want to keep it fairly simple not only for ourselves, but also for the Jays and how we teach them about it.
We tracked down all of our available cryptos and set to work. Admittedly, this was not a hard task, as we do have pretty much everything tucked into our SCWallet (Self Custody Wallet) Exodus.
From Mining to Trying
Firstly, we got our VTC from mining exchanged into BTC. We were able to accomplish this via the No-KYC exchange known as FreiExchange. They offer no trading and deposit fees, and low fees for withdrawals, as well as a great range of available trading pairs. Although a valid email address is required for your notifications and confirmations, it is a fairly simple process to set up private email addresses if you want to keep it all separate from your mainstream stuff. For such choices we recommend Proton Mail. This is why we are calling it No-KYC. It is worth mentioning here that withdrawals from FreiExchange does require that you have 2FA for account security.
Exchanging
Once our VTC/BTC exchange completed, we then created a BTC/LTC exchange. When this was finalised we sent the LTC to our SCWallet. We use LTC as our shuttle due to the cheap costs of sending transactions.
We were then able to go and create exchanges for our desired yield earning cryptocurrencies. After some research and deliberation, we settled on Cosmos (ATOM) and Algorand (ALGO).
Cosmos self describes as “The Internet of Blockchains”. We will not go into details of their ecosystems here, but if you are interested in further reading, go and check out their website.
Converting
We used the No-KYC StealthEx to provide us with extremely competitive exchange rates to convert our LTC to ATOM. From start to finish, the actual exchange took about 12 minutes by the time we had the new funds in our SCWallet. This is a pretty good speed for what goes on behind the scenes. If you like, you can test out their exchanges by using the widget we have conveniently provided below. *SMALL NOTE* By using the widget, we receive a small commission from the exchange which does not affect your final result.
Our final amount is a little over 9ATOM with an APY of 14.75%.
As mentioned earlier, we also got some ALGO. If you are interested in further reading, go and check out their website. For this exchange, we used some of our free BTC, once again calling upon StealthEx as our chosen platform. All up, the conversion took a minute or so under an hour, and the majority of that time was waiting for BTC block confirmations after the first one appeared. The actual exchange was fairly quick. The staking process was simple via our SCWallet, and as such, we have a bit over 86ALGO with an APY of 8.18% currently, and we are in Governance Period 12.
Onwards the future
We would like to get into this solution to idle cryptocurrency in many more different ecosystems, but we do have our constraints and limitations, namely, not investing fiat into it, as that in itself is one of our current “Work in Progress” situations.
By earning our crypto from crypto, we believe that we are satisfactorily achieving it the correct way.
This is why we operate crypto faucets, use crypto faucets, and just try to participate in crypto in any way we can.
We are not financial advisers or experts, and as such, make no claims or warranties for any of the information we provide. Please, as with anything regarding major financial decisions it is important to Do Your Own Research and also talk to your significant other.
This blog post does contain affiliate links. We may earn a small commission from links you use through this page. Please consider the support.
We have decided that is is surely the proper time to start formally teaching the children about money in 2024. Crypto is popping up more often these days- online shopping, crypto atms, local coffee shops, and more. Fiat currencies are already readily available for everything in our daily lives.
So it sort of makes sense to teach the younger generation a thing or two about these ways of money – new and old. After all, we were taught about the value of money, and how to earn it, and also how it could be lost, throughout our youth and our experiences growing up. The added bonus that makes it easier though, is the fact that the majority of the current youth, are already digitally enhanced. They have mobile phones, laptops, tablets, and various other devices, that they use pretty much every other day. Bankcards, licences, identifications, documents, qr codes, the list is almost endless. This is akin to a ‘GenE-D’ – Generation Everything Digital.
“The Path We Take”
This is Jays n Dees story, of how we are going to be teaching our children about these financial systems- both fiat currency, and the possibilities of cryptocurrency. Earning, spending, saving, and interest gains will all be included. Interactions with them as a customer and also as a seller will be taught as circumstances arise. Our 4 children range in age from preteen, right back through to almost 3 years old. this year, they are J1-13yo, J2-9yo, and J3 and J4 twins-3yo. This last month or so, both myself (D1) and D2, have been busy working out how we will encourage our children to be more proactive with their –chores– i mean responsibilities. Because thats what they are. Responsibilities. They each have a responsibility to be an active contributing member of our household. Just as we both do each and every day. This is the basis for teaching the children about money in 2024.
As a starting point, we have created a master plan of everything we hope to achieve. This plan is very fluid, and can adapt and evolve as necessary. We have created a Behaviour Board, where each week we add to a list, a single entry that we as the parents feel each child needs to work on to become a better person. Even both of Us (D1 and D2) have a new entry each week. Alongside of that, we all have a consequence that we must do if we do wrong against our proper behaviour. More into that, if we get 3 strikes, then we have an immediate media blackout for a 24 hour period. Here is an image of our Media Usage Rules:
The media blackout is inclusive of phones, tablet devices, laptops, computers, gaming systems, television, and the ability to have a say in the evening movie with dinner. These actions and consequences accumulate over the lifetime of our system, and the hope is that we can remember each of them and automatically perform any of the set consequences whenever our action is broken. Here are a couple of our weekly examples:
Back to the main topic, we have decided to pay out the allowances for our children in either fiat, crypto, or a combination. This decision is left as entirely their own, from which the basis of their decision is from whatever we can teach them, in a way that they can understand. We all know about the principle, or their given weekly allowance, We have sat down with them and discussed their set weekly amounts, and the responsibilities that is expected of them consistently, as well as the extra stuff on the behaviour board. We have also explained the basics of how the ‘we pay for’ versus ‘they pay for’. This is essentially that we pay for their education, food, sports/extracurricular activities, uniforms, safety, excursions, medical, hygiene, birthdays, and all the main important ‘child growing up’ things, but if they want that new shirt, toy, treat, game, or anything like that, then that is something they need to pay for out of their allowance. To keep track of their allowance, we have a dedicated diary that has the inputs and outputs for each child on their own pages. On the same note, in a dedicated safe, we have a 1:1 equivalent of their allowance accumulated total in fiat currency. This is the Bank of Mum and Dad. All it needs, is a formal set of transaction id’s, and it would be its own blockchain!
Introducing The Bank of Mum and Dad
Anyway, to wrap into all of this, is that the Bank of Mum and Dad gives interest. 5% for every $100 banked. This has its own set of rules to prevent cheating – can only earn the interest for each preset milestone once, minimum hold periods, no overdraws, no loans, fiat and crypto are seperate entities, no BofM&D interest on crypto, BofM&D cash out when the child gets a job, and many others. This compares to a select number of cryptocurrency blockchains for our specific educational goals.
Now for the crypto part of it. They each have a protected wallet on their devices. We have physical backups of all the keys for each wallet in multiple locations. We even went so far as to generate each of them with their own personalised specific crypto address for the purposes of the BofM&D. All the private stuff is held by us, in multiple safe locations. Eventually, after some teaching, they will have the option of keeping the provided wallet, or setting off with their gained wisdom to work out some of the finer details themselves. We are serious in making this work out right for them. Such is the value of protection. This is another part of teaching the children about money in 2024. Security of funds, and the keys/passwords/pincodes that protect it all.
Would you like to donate to each of the Jays? Or maybe to the Dees? Or even jaysndees itself? A million “Thanks from All of Us” if you choose to. Know that it is appreciated beyond words. We will post the basic wallet addresses here on this page for Litecoin (LTC), and we have numerous other different crypto addresses which are all available from Our Crypto Addresses page.
We do have a common BTC wallet Address where donations will be split between the four Jays and ourselves. This wallet address is: Jays n Dees BTC Wallet Address – bc1q6cenfz55g348xmlyxlws0efk85pglqpqpqkf0l – – bc1pzgw3cdqvlvzullkru9h7qru4852swjhyz3yecn9asp2fzquctylsvskmyt – (Taproot) – 1Cw2K1WYZHy1QFU1zQojGiGVB1CJZSMMs1 – (Legacy)
We have also set up a provided cryptocurrency converter for all of the necessary actions. As it becomes necessary, we will show them how to use it correctly. Here is where we will begin our teachings about fees, including our accumulated knowledge gained through our time of dealing with cryptocurrencies. For no matter if you want to convert fiat or crypto, send or receive fiat or crypto, or if you are dealing with BofM&D, banks or decentralisation, there is always going to be fees charged to the actioning party – aka the sender. Fees are there for the txid on the chain. Some are fair, some are extreme. This is right through to the fees that we get charged to send crypto to them initially, and the nigglies that get exposed when it comes to tax time with gains and losses, and the like.
Alongside of this, we are also starting to explain interest and staking as ways they can earn more on idle funds, where it is possible and worthwhile. This comes back to the BofM&D 5% per $100 and crypto staking options.
There will be numerous discussions about important crypto events and how they may affect the crypto they hold. In saying that, we will not bombard them with every single happening or such other items, except where we may see a problem. We will however, expose them to news relating to the financial sector as a whole, both fiat and crypto.
As a compliment to all of this, we are trying to guide them on the path to good bookkeeping. We are open with the BofM&D bookwork with them. They get to see each of the inputs and outputs that occur when they spend and receive. This is where the true teaching is. Always be aware of your inputs and outputs, no matter the circumstance.
I personally have a strong belief in the future of cryptocurrency. When you really think about it, a lot of us are doing it anyway when we do online banking. We are sending out from our account or wallet where we are storing our funds for access. The resulting send gets recorded with a transaction id. At this point, the funds settle with the receiver. We do it at retailers where we use a card or the physical currency to obtain goods or services. We then get a receipt with a transaction id. The only thing different, is that one uses tangible items – cash, card, receipt, central authority. The other is digital and decentralised. A number is still a number, value is still value, and buying and selling remain unchanged.
* Not intended as financial advice. DYOR * * This article is for educational purposes only. No warranty is intended or implied *
We are going to perform a cloud mining experiment in 2024. In 2023 we got scammed by cloud mining. We lost close to 0.02 BTC, which at the time was worth $600 USD. We did have a mostly complete draft post with all of the details. It was never actually posted live for some reason. It was we feel, invaluable information into what to look for in a scam. In 2024, we will be continuing our cloud mining adventures, albeit with serious restrictions. This is namely the *free* way. There should be no reason to pay to have the ability to withdraw. On a similar note, those that can successfully show good faith with the free mining contract, must surely be worthy of consideration for an upgraded plan after the free mining expiry and valid payout.
Our true intention of this experiment, is to find any potential gems whilst using different chains, and earn a little bit of cryptocurrency too.
Example 1: MiningBun.com
First up, is an interesting little mining operation that gives BNB as the reward.
We have provided the cloud mining system with an address that is not actively used, and in fact, generated only for this specific purpose. The website is called, “miningbun.com“. There is no referral link at this point, as this is in a testing and experimental stage. We will be testing the system until withdraw possibility, and then judging it accordingly.
We were supposed to receive $10 of BNB, but are yet to receive this. At this time, we are unsure if this is an automatic event, or one that we have to manually initiate from somewhere.
So we put our address in, it would only accept a BSC (Binance Smart Chain) network address, and not a proper BNB address. I (D1) personally found a little bit strange, however, I am optimistic, and still learning about contracts, and consider this an actual proper contract to be fulfilled and executed on the Binance Coin (BNB) once the contract has been fulfilled i.e. when I withdraw after the minimum of the contract (0.005 BNB, but then also include the fee of 0.00007 BNB) equal to 0.00507 BNB. On the day this post was made, 1 BNB is equal to $322.89 USD. 0.005 BNB is around $1.61 USD.
In theory, I should be able to withdraw at around 50 days of starting, so we will see how it goes. This post will be updated as progress is made.
This was initially posted on 11 Feb.
Example 2: Block Hunter
Our next cloud mining experiment in 2024 to mention is one that does payouts in BTC. The name of this service is known as Block Hunter. The website address is “blockhunter.eu“.
As a signup bonus, new users are given a free 900 GH/s hashing power.
There is a minimum required of 0.0001 BTC for the payout, with additional withdrawal fees of 0.00015 BTC.
According to the overview on the dashboard, it may take only a month until we can see if we are able to perform our withdrawal from this platform.
This was initially posted on 12 Feb.
Example 3: AutoHashMining
Another experiment we will look into is AutoHashMining. The website is “autohashmining.com“.
This platform allows mining and withdrawal in multiple different currencies, including Bitcoin BTC, Litecoin LTC, Ethereum ETH, Dash, Ripple, and more. There are minimum withdrawal limits as stated on their FAQ. We are choosing this platform for LTC, the minimum will be $1.10 USD. Interestingly, there are no fees according to the same FAQ.
When signing up as a new user, we got 200 GH/s free mining which expires in 199 days, and we also got $0.02, which is available as an LTC equivalent in withdrawal.
It is important to note that although it states an amount of $2.00 as a purchased mining contract, we have not actually paid anything for this particular plan.
This was initially posted on 12 Feb.
Example 4: TrxDeepMiner
For this example, we are testing out TrxDeepMiner. The website is “TrxDeepMiner“.
Although they accept deposits and withdrawals in a number of cryptocurrencies, they only allow mining in Tron TRX. We are testing this platform with Litecoin LTC.
When signing up as a new user we got 100 GH/s on the free mining plan which will expire in 199 days, and we were also credited with $0.01 in our account balance, which will be available as part of our Litecoin withdrawal.
It should be noted here that it has an amount of $1.00 spent. We have not input anything into this platform.
This was initially posted on 12 Feb.
Example 5: LegitDogeMining
For this next example of our cloud mining experiment in 2024 we will be sampling LegitDogeMining. The website is “LegitDogeMining“.
This platform mines Dogecoin, and pays out in a variety of cryptocurrencies. We will be utilising Doge payouts when they become available.
When signing up as a new user we got 100 DH/s on the free mining plan which will expire in 200 days, and we were also credited with $0.05 in our account balance, which will be available as part of our Dogecoin withdrawal.
It is important to note that although it states an amount of $1.00 as a purchased mining contract, we have not actually paid anything for this particular plan.
This platform claims no fees for deposits or withdrawals. There are minimum amounts associated with withdrawal starting at $2.00 for Dogecoin and Litecoin payments.
This was initially posted on 17 Feb.
Example 6: LitecoinPool
At the time of posting this particular cloudmining service, we had been signed up for a bit over 1.5 days. This is another free service that was found, and so we thought to give it a try. This testing platform is LitecoinPool. Their website is found at “LitecoinPool“.
With no direct ‘sign up’ button, we were a little confused on how to begin, but with a quick check of all the info, we found that all we needed to do to activate an account was to use our email or LTC wallet address and create a password after clicking on the ‘Start Mining’ button.
According to the FAQ, there is a minimum 0.1LTC withdrawal amount, but no information as to whether or not there are fees associated with the withdrawal too. Another item of interest noted in the FAQ, is that all the investment plans run for 365 days. For the moment we will assume this also includes the free plans.
At the current free plan of 0.0008LTC per day, this is going to take 125 days of operational cloud miner. 0.1 / 0.0008 = 125.
This was initially posted on 17 March.
Example 7: MineThrive
We recently saw this one, and had to give the Free tier a try to see what it was all about. The website is “MineThrive“.
At the time of writing, they did have some promotional activities running. The limited offer, and the free bonus.
Our free power is already waiting, and we can invite more people to this to “higher your Bitcoin Mining Rate.”. **CRINGE**
Whilst we are not going to go into much detail with this one, there is still some screenshots to look at and remember.
Sadly, it looks like our initial perceptions are deemed true. For this particular free cloudmining experiment, according to the FAQ, “free” is not actually free.. In fact, it will cost at minimum 0.0004BTC at time of writing. That doesn’t include any of the poor souls you refer to this one.. Check out the first section, and then peruse over the other parts.
There will be no more updates to this particular experiment. We are calling it a SCAM.
This was initially posted on 24 March.
March 2024 Update:
As it has rolled into a fresh month, we thought about posting an update to each of the sites mentioned above.. We will do it in the same order as they were posted.
Example 1: MiningBun.com
Firstly, we will mention that we still haven’t received the $10BNB reward. Not off to a positive start for this one at all. Next item worth mentioning, is the message that appeared at the top of our dashboard. It stated that “You have 1 free TH/s until the end of 2024-03-02”. As it is now towards the end of the day of the 2nd March, we logged in to the platform.
As we were logging in, we noticed an interesting item in the Latest Transactions – an apparent withdrawal of 0.00184BNB performed. The minimum is supposed to be 0.005BNB.
Sure enough, our free mining operation has come to a halt. 0.002BNB. Still, as there was that previous mentioned amount in the transactions list, we thought we would try anyway to withdraw.. ..Nope..
As we never received the $10BNB, and the expired free miner, and the bogus transaction that was listed, we are considering MiningBun.com a SCAM.
Example 2: Block Hunter
We gave the blockhunter.eu site numerous chances to come back online, but it appears to be a SCAM.
Example 3: AutoHashMining
Not much to report on this one, except that the free miner still appears to be operational at this point.
Example 4: TrxDeepMiner
There is not much to report on TrxDeepMiner at this point, except that the free mining process is seemingly still operational.
Example 5: LegitDogeMining
This free mining platform appears to be properly functioning from what we can observe.
May 2024 Update:
As the month of May rolls on, we thought it would be a good time to visit each of the cloud mining websites to check in on progress. We will not post on examples considered scams any further from that point.
Example 3: AutoHashMining
This mining platform is still operating, and according to the Miners section, we still have around 112 days remaining.
Example 4: TrxdeepMiner
Still going strongly, this particular platform has around 111 days remaining on the free mining contract.
Example 5: LegitDogeMining
This particular platform is still functional, with around 114 days of operation remaining on the free mining contract.
Example 6: Litecoin Pool
We attempted to access this website a few times over the week prior to this post. It looks like a SCAM.
14th May 2024 Update
We came across these three sites that were linked to FaucetPay. They sounded good, but we are marking them as a SCAM. It is not actually free mining. Any others of this format we will also mark as scam. It’s worth noting that reinvesting does not count as a deposit either.
So far there is tronfreemining, tetherfreemining, dogefreemining, btcfreemining and ethfreemining. Ethfreemining is untested, as was btcfreemining. Our ISP flagged btcfreemining as suspicious/malicious too.
As can be seen from the following images, a deposit needs to be made before withdrawals will work.
We at Jays n Dees see that cryptocurrencies, and at least their technologies, will drive a massive component of the entire currency system in future years. That is why it is important to plan for that future, now, today..
Jays n Dees have decided to operate a main faucet for the collection and use of the cryptocurrency LiteCoin – LTC. We chose this particular crypto for the fact that LTC is fairly cheap for transaction fees, alongside the value it holds versus BitCoin.
As part of the process of setting up Our LTC Faucet at our chosen provider, we decided to make a tutorial on how to do this task. If anybody else wants to have the opportunity to share and accumulate crypto, not just necessarily LiteCoin, then this will be a great way to get started fast and easily. We do also have plans in the future to have our very own VTC direct wallet Faucet system in place, so we can also share a currency we support via mining and full node of the VTC blockchain.
Faucet In A Box Example
This tutorial is targeted specifically for the microwallet site, FaucetPay. If you are not already signed up, you can Sign Up HERE Now! It also utilises the files of the popular manual faucet template, known as Faucet In A Box. As at making this tutorial (January 2023), the version we used as Our tutorial, was r117. The zipped file of Faucet in a Box is located there also.
There are a couple of other options available when choosing a faucet to establish, including at least 2 options directly from the FaucetPay API menu. These are a WordPress Plugin, and Faucet scripts, both free. Also within this menu, is documentation relating to the FaucetPay API system itself. These 2 particular faucet templates are not discussed in this tutorial, but will be likely added at a later date.
Getting a Faucet online and operational does require a number of things before you get started, so please make sure you have them all as you progress through the tutorial!
Crypto Wallet where You have control of the keys. We recommend Exodus Wallet.
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Patience.
If you are Absolute N00b, then I suggest that You click HERE. It might help..
The Tutorial:
Set Up The Database
Once we have organised everything we need, we can make a start on getting Our Faucet online and operational. So we will firstly setup a new database via our cPanel of our chosen webhost.
Following the images below, the first thing we need to do is access our MySQL Database Wizard from the cPanel.
Learning where to find everything in cPanel
Now we need to make a name for Our actual Database. For this tutorial, we have named it “ExampleDB”. Click on Next Step when done.
Used only as a demonstration
Create a user dedicated to the database. The tutorial uses “dbUser”. Also setup a password for this user. The password “dbPass(2023” is used for this example, for a strength of 86/100. Click Create User when finished here.
username and password here are only used as a demonstration
Now we need to set the necessary permissions of the created user. Select the All Privileges checkbox to do this. When complete, click Make Changes.
set the user privileges
Setup of database is now complete. Now we can click on Go Back, and proceed with what needs to be completed next.
all done
Make sure you keep a note of all these valuable details! Our method is to have a text file where we can copy such information to. Here is Our Tutorial Example.
keep your information saved in a file
Putting The Faucet Files Where They Belong
Now we need to upload the zip file to at least the public_html folder of our webhost. This area is accessible using the File Manager in our cPanel.
file manager
Upload and extract the zip file into the public_html folder.
right click the file to get this menu
Note that by default, the zip file will create its own subfolder (faucetinabox-ultimate-r117), so delete the zip file once extraction has completed. Also, you may wish to rename the folder to something more simple, such as “faucet”
deleting a file via the right click menu
A very important procedure is to change the settings of the config file, so that it is not accessible to the users or anybody else. We can do this by right clicking the file, and selecting Change Permissions.
config php permissions
And then we alter the checkboxes to make it a 400 permission. Click on Change Permissions when done. This restricts the file so that a user cannot go and edit anything to do with the file. Further locks can be incorporated, but that is beyond this tutorial scope.
Now we can go and modify our config file, so that it will use the database we previously set up. Right click the file, and select Edit.
editing the config
Modify the selected areas to match up with the details in our text file, and save the file. A worthwhile note here, is to understand 2 other options in this file- display_errors, and disable_admin_panel. Once the faucet is completely setup and operational, they need to be changed, and the file saved again. It might also be worthwhile to add your own referral link from FaucetPay into the required section. Don’t forget to save the file!
Setting Up Our Faucet
We need to login to the faucet admin page to make all of our changes. We can do this by navigating to the admin php file on our domain, where we saved the faucet files to. For us in this tutorial, we need to navigate to: https://www.jaysndees.com/faucet/admin.php. Your site will be different, but you need to enter that admin page. If our database setup was successful, we will be presented with a password for our login to Faucet In A Box. If there are any problems, these will be displayed as a friendly error.. A common one is “Can’t connect to database. Check your config.php. Details: (Details). Otherwise, copy that password to your text file, and then click the link about Continuing.
save the password here into your saved file
Now is to enter all the necessary details – especially those mentioned in the red error box at the top of page.
on first login to Faucet in a Box
For the Service API Key part, we like to leave this to last, as everything can be set up before we enable the link to FaucetPay. Do not forget to get your faucet API at FaucetPay, via the Faucet Owner Dashboard. Copy the key to the Service API key box and save your changes. Our Faucet created from this tutorial, is located at Jays n Dees LiteCoin LTC Super Manual Faucet ultimate
Scroll this Basic Page section, change all the information to what desire, and click the Save Changes button when done.
changing details for our faucet setupadding coin amounts into the rewards section
Then proceed with the captcha system(s), and progressively move across the tabs until everything has been completed to your satisfaction. Don’t forget to save the changes as you complete sections! If you have no shortlink services, and want to include them, please click here. A side note here- depending on your chosen Template, you may need to add in your advertisements if you have them, and any other code. If you have no idea about advertising sites, you might want to check out Our N00b Guide.
setting up shortlink providerspicking a template for website appearanceadding pages that can be called via the navbar
The Security tab is a host of options that will need to be set up and incorporated, but they will not stop your faucet from being completed and operational. They are settings to ensure that you get (mostly) real users, and not bot traffic. Bots are bad.
So there we have it. If all was done correctly, you will now have an operational cryptocurrency faucet that you are the proud owner of. Do not forget to move over allowable funding for it, and set any limits you may want to impose, such as banning specific countries or ip addresses, maximum currency limits for a given time period, account authentications, and much more. Whilst some may have their advantages, be aware that it can also hurt your overall traffic.
Advertising on a faucet is pretty much guaranteed. How else is a faucet owner supposed to supply a steady stream of claim amounts to the users it supplies to?
Finding a happy medium of advertising is not a particularly easy task, especially when you are first starting out. There is so much to think about like the numerous different ad formats, what you will use, where they will be placed, right through to how you will receive payments.
This guide is aimed at hopefully steering you in the right direction so that you may profit with minimal worries.
There may be a bit of time involved when you first start out setting up and implementing all these various revenue streams, but rest assured, it will only seem hard to do the first time, and with this guide, you should be able to decrease any negativity to the task.
Let’s get into it by starting with defining into general classifications, the different types of advertising.
First though, when setting up any of the following sites, please consider using the actual link we provide, or consider making a donation to us. Either way, you are helping us immensely, and as a forward thought: Thank You.
Direct Advertising:
This is probably best seen as the advertising you wholly relate to. Do you have any special sites you use that offer rewards for promoting them? Do you want to promote to earn?
How about we give you something to start with? We only give out legit trusted sites, after extensive testing, and payments received.
Allow us to list here for you. after signup, you will be able to link to the sites via your own special links to encourage users to start earning with you! We will even show you where to grab the promotional material from, and how to incorporate it into your own site. Easy as anything.
Click the banners to sign up.
SerpClix:
After you have signed up and logged in you will be able to access your promotional items from the My Referrals navigation. You are given a link to copy, and also promotional material. For us it is a 468×60 banner. We copied our link, and also copied the link for the banner. Then we built a banner link from the basic image as link html code. This is:
The <div sets the alignment content on the page to be centred, The <a href gives the link to navigate to, The <img src is where the file is hosted, and with the remaining items it provides an alternate text, and style is some inline css to provide image dimensions.
<div align="center">
<a href="{Link Destination}"><img src="{image location}" alt="{alternative text to display}" style="width:{horizontal}px;height:{vertical}px;"></a>
</div>
FreeBitcoin: Here is another site for you. It is an hourly bitcoin faucet, but there are also a number of other ways to earn and win! They pay via direct BTC wallet address once you have earned over a certain threshold.
Once you are logged in, you can head to the Refer navigation to access your own promotional materials.
AdaMatic:
Pipeflare:
PublishOx:
The steps to take are very similar for all of these sites.
Now you are ready to implement this code into your website- whether by direct file editing, or via your faucet Admin Template tab.
If you want a handy quick reference guide for the common webcodes, navigate over to W3Schools. It has almost everything you need.
Indirect Advertising:
This is a very broad category, but it is essentially anything that you are happy to run as your revenue streams. you will likely need to filter advertising that you deem acceptable, but when properly set up, can allow for a substantial portion of your earnings.
The trade offs really begin when you are considering running advertisements that are shady in nature, like pornography or those annoying flash update advertisements. everybody knows now that flash has been discontinued, so it is mostly likely that it just wants to install malware of some sort. Sites owners lose users real quick with that sort of garbage running rampant on pages.
We are providing a small number of sites to get you up and running, but the final choices remain wholly with you.
Do not try to run all of the networks at once as your page speeds will decrease in speed significantly.
Traffic Exchanges:
Although this category is not directly responsible for revenue generation, these types of services are beneficial for the fact that they provide initial eyes on your project. This does a number of things such as kickstart your advertising revenue, and also can assist in getting more users to your site or promotions via referrals.
These generally work on a credits system, where for each view you give for viewing someone elses site, promotion or otherwise, you will receive a credit or view of your site or otherwise. They can effectively work very well together when set up properly. We will provide a small demonstration.
We will use our faucet link for the purposes of showing you how to do it.
First we will use our Traffic AdBar account to make a special link of our faucet link. This is done via the Websites Navigation.
accessible via the Websites navigation on the side left
Fill out the extra details and Save.
enter the required information
Once saved, navigate back to the Dashboard and scroll down down until you get to the Hits per website details. Copy the link shown for your added site. Note that we didn’t copy the http portion. This is an unsecure protocol anyway, and not something we recommend specifying by default. Add the link into your text file if necessary.
copy this portion of your link
Login to Easy Hits 4 U and click on the Websites navigation to add the new link. If you haven’t already added a website, this process will enable you the ability to earn hits to your particular page or site via surfing or doing offers. 1 credit is 1 hit on your page. Ideally, you would want to work up to thousands of credits, and alter your view amounts to over 1000 views per day.
For the particular settings we chose as shown below, we assigned 100 credits to the link, and via the advanced settings we chose to make it daily unique traffic, shown up to 100 times per day, every day of the week. For this to work exactly as intended, we would need 700 credits assigned to the website every week. This means that at least 100 hit credits need to be earned every day to work. This can always be done by completing offers for credits, and surfing the 1:1. There is always the potential to win extra random credits whilst surfing or leveling up too! Of course, if you simply do not have the time, then you can always purchase credits or upgrade your membership.
add in all the details, including advanced settings
Once you click Submit website, there will be a countdown timer to make sure the page loads correctly, and if everything works properly you will be able to Confirm the page by clicking the button.
after the countdown you can confirm the site
As necessary, you will be able to assign any available credits you have to the page and click the Assign button. Try to keep enough credits assigned so that there are no interruptions to your page views.
assign credits by typing in a number and clicking Assign
What did we just do here? Using the 2 traffic exchanges, we made it so that when users are viewing your site on Easy Hits 4 U, your Traffic Ad Bar account will get credited with points also. The more points you can earn on TAB, the more chance of your site also being shown there too. We can focus our credit earning on EH4U, but it is always a good idea to earn some extra hits on TAB too – it could be a different user who sees your page, and so has a better chance of bringing you some revenue via your advertisements! This can be done via the daily email links, and the Click here to earn points button.
Crypto Earning:
This self explanatory section is how you earn actual crypto to help fund your faucet, crypto wallet, and essentially your lifestyle too. You visit another faucet site, make a claim, and receive your earnings. Using the services of a microwallet site such as FaucetPay helps keep transaction fees down, whilst being able to see in real time your balances for various cryptocurrencies.
Currently, FaucetPay supports the following cryptocurrencies:-
There is also the option to convert between each of these cryptos from within FaucetPay using the Coin Swap feature, which is accessible via the Dashboard.
It is important to note, that not every faucet or claim site will use a microwallet to send payments too. In these cases there is usually a minimum amount necessary to be reached, and then you are able to withdraw directly to a wallet you hold the keys for. Remember that with sites like FaucetPay, the trade off is that you do not actually possess the keys linked to your username. Always only keep in the account what you need for operational purposes, and withdraw the excess out to your actual crypto wallet.
Here is a few sites to get you started. Most pay to FaucetPay, but there is also a small number of sites that pay direct to wallet. In each instance, it is mentioned where they pay to. These are all links that open in a new tab.
Link Shortening is another way to earn. Some require a PayPal account to pay into, some are able to pay into FaucetPay, and minimum amounts almost always apply. Whilst it can be fun to earn a little extra by shortening and sending links to friends and family, the real power comes from the ability to link the service to your faucet, via a developer API. You won’t need to copy and paste links, it is all done behind the scenes for you.
We are just going to take a quick moment to expand on this a little by mentioning something we are seeing more and more when claiming. We see it as a big no no, as it is frustrating and disheartening to see.
We are referring to the unscrupulous practice of shortening a shortlink. Essentially the practice involves setting up a shortlink with one service, and then using that link in another shortlink service. It is a disgusting practice. It’s that simple.
Here are some shortlink services you might like to sign up to. It is always a good idea to examine what the minimum payouts are, and also your options on where to receive payments to. We like services that pay to FaucetPay, and their amounts are usually low. Check out these Shortlink Services: Exe io Tmearn Shorti io Pe Short
With all of the above services, your Developer API Token can be gotten from the Tools Navigation. You simply need to copy the key into the appropriate section in the Faucet in a Box admin panel-> Short Links for each provider, set a priority and limit, and enable the provider. Remember to save your changes. The save button is located at the very bottom of the Short Links page.
Mining:
We decided to include this section, because it not only wholly relates to a revenue stream for prospective faucet owners, but also as an earning stream for general users.
Whilst not everybody has the ability to mine for cryptocurrency due to various factors such as inadequate hardware, high electricity costs, or any number of other things, if you can do it, then you should do it. Not only are you bringing a revenue stream for yourself, but you are also contributing to the decentralisation of cryptocurrency.
If you have a decent dedicated GPU (not onboard type), then you are more than likely able to mine crypto. Your choices may be limited, but do some research to find the best option.
If you want some more information on mining, not just our part in it, but also in general, then please check out Our 2023 Crypto Earning Guide!
How To Set Up Your Revenue Streams:
As we previously glossed over above, you will usually need more than a single stream to be successful in earning crypto. Sure, it is a fairly simple process to just go and buy some, but we have chosen to stick by our no investment* path. All crypto we have, now and in the future, will not be purchased by us by means of fiat currency.
So how do we set all of this up to start earning as early as possible?
It all starts with a plan of what you want to do.
For us, it was a decision to first set up our faucet to be operational, and then extend the purpose of the advertising partners we have for Our Blog. As we already have accounts with providers already, we cannot go and show you how to create the accounts. We can however, inform you of the few vital steps you must do to ensure you get paid.
Note that this all assumes that you already have an account at FaucetPay, but if not, then please click HERE to get one.
You do also need a crypto wallet, with at least Bitcoin BTC listed in it. An exceptional multi coin wallet that we do recommend, is Exodus. This works with Android, iOS, and computer platforms. With over 260 assets supported, you are likely to find it will have what you need. Get Exodus for your platform from HERE.
Let’s get stuck into it now. For all that we mention below, we will also provide some quick reference instructions for you so that you can easily implement it.
We use A-Ads as our main advertising platform. We use it due to the simple integration formats, and also for the fact that they pay right down to 0.00000001 BTC – yes, a single satoshi, over to FaucetPay. Yes, we sadly do only earn a single satoshi sometimes..
If you haven’t yet done so already, go and create an account over at A-Ads. Then go and update your BTC payment info to pay you at FaucetPay, and put in your FaucetPay linked BTC address. As an account protection measure, you do need to do the confirmation processes when altering these details. Refer to the following images if you are unsure where to find the items to alter.
Now we have to decide, if it hasn’t been already, what format(s) of advertisements to run. There are numerous options to choose from, but the most common ones are horizontal banners-728×90, 468×60, vertical banners-160×600, 120×600, and the rectangular 300×250 or 250×250 types. You do not have to run all of these styles, though it does make for a wide selection of varying advertisements. Also to consider, is where they will be placed on the site or page.
For this example, we are going to set up for a 468×60 banner.
First, create an ad unit. This is done through the Earn navigation. Follow the images below if unsure.
Ensure Site is selected, choose the 468×60 option, and enter the exact url where it will be found. Note that it can also be used on other pages too.
Change any content filters, and if unsure what they mean and how they will affect your revenue, change the checkbox selections and hover over the individual question mark help prompts.
Once you are satisfied, complete the captcha and click on Create ad unit.
The resulting shown code is what you must use to implement the ad space on your site. We suggest copying each ad code into a text file so it can be easily referred to when putting these codes across your website. It is as simple as copy text->paste text. Make sure you copy the entire code, it finishes with a closing < /iframe >
When you are finished making any wanted ad spaces you can proceed to the next step.
Login to your faucet admin panel and proceed to the Templates tab. If you do not yet have a faucet set up and operational, please click here (link to faucet setup) before proceeding.
If you only want to know how to incorporate the adcodes into your website, here is a basic html code for you to refer to. This will create a basic page with a heading and an adcode:
Scroll to the bottom where you can input your ad codes, and paste them in. We placed our demonstration code into the Top box section. Save your changes when you are done.
If you are setting up your faucet and haven’t yet done it, now is a good time to implement your developer API keys into the appropriate section. This of course only applies if you are choosing to use short links to assist with revenue. If you are not using short links, then simply skip this section. Go and copy your Developer API Keys from your shortlink services. You may have them in a text file already. If you do not have any providers yet, please consider any of the following: Exe io Tmearn Shorti io Pe Short
These need to be put in to the relevant sections located in the Short Links tab. If you cannot quickly find your service, run a quick search for it using Edit->Find. If that fails to yield results then it might not be supported. You will need to set the shortlink reward bonus, if it is required to claim, how many times you want to show it to a specific user during a 24hr period, and set a priority number for it.
Scroll right down to the very end of the page, and save your changes.
This guide should get you up and operating your faucet. Although many details were left out, like all webhost informations, advanced file setups, and pieces like that, they are not in the scope of this particular guide.
Here is our Jays n Dees guide on how we will be earning crypto in this year of 2023. Whilst it will not be the most comprehensive list on the planet, we are going to be listing the best sites we use. Hopefully you will find your own gems in this list!
True Fauceting:
We do find ourselves drawn to claiming from faucets once again, even after everything that happened in 2022 and prior. We use the services of FaucetPay for our claims, and now we have our Litecoin faucet set up there too. It is only early days, but it will be interesting to see how that goes. We spend a lot of our online time claiming from faucets. Sometimes there are great runs with them, and everything flows along smoothly so it is efficient. Sometimes though, even patience and acceptance isn’t infinite with claiming. Regardless of, this is a list of the sites that we use.
Auto Faucets: If you set your wanted autofaucet claims up early in your pattern, you can ensure that any claims from them are maximised in length. Some autos require you to prime them up for run times, and others just run for a set amount of claims before they expire, with no other intervention from the user. The autofaucets listed below are mostly of the latter category, and as such, the rewards are slightly less. They are easy to get operating though, and that is important too. Tron Auto – FaucetPay BinanceCoin Auto – FaucetPay DOGE Auto – FaucetPay DASH Auto – FaucetPay ZEC Auto – FaucetPay LTC Auto – FaucetPay Fire Faucet – Direct to Your Wallet once minimum amount acquired
We still have Our mining rig and are still using it, although it is starting to show its’ age a little now. It is still the same Win10x64 box with an RX580 GPU micron memory, tuned with its’ custom ETH firmware. Sadly, this makes it not suitable at all, due to the maximum power consumption of the card being restricted down to around about 100watts, to play games on. Whilst we could flash it back to original settings if we wanted to play games with it, it was not the purpose of the purchase. So it will mine crypto until the day it decides to cease casting out nets of alphanumeric hashes.
Why power limit the card?
Contrary to the performed action, power limiting it actually made it more efficient at the task, right down to increasing overall hash rates. We tested this theory with our original chosen coin to mine-ETC (Ethereum Classic), and our hash rates did indeed improve once we had altered the maximum power, and tinkered with the memory bootstraps.
When we started mining VTC (Vertcoin) on the card, we neglected to flash it back to stock. We took some notes and monitored it for a few days, and then flashed it to stock and tried again. Our rates were lower on stock settings with way more power consumption. Needless to say, it got taken back to power limiting.
We still use the services of the same mining pool, miningpoolhub.com. When our account reaches a set amount, the coin automatically withdraws to our Exodus Wallet.
We do not earn all that much with just a single GPU, but as we are on solar assisted power, the costs are not all that big.
As it is 2023, it is time to do our tests, and see what we can earn over the course of this year. We were set back a little bit at the start of the new year due to 1 of our GPU fans dying. Fast forward to the 17th January and we have 2 new fans in there now.
The start of our mining is with ETC. We have been mining it since we got back online and rocking – apparently there were lots of windows updates, and node syncing with the Vertcoin blockchain, but from then on, we have been able to run a steady rate of between 0.004 and 0.0051 ETC every 24 hour period. I just looked it up when typing this, and it equates to between approximately 13 and 16 cents per day AUD. Not mind blowing that’s for sure, but it is crypto.
We have switched over to the VTC chain, so it is interesting to see that with the One Click Miner, we can get approximately 0.67 VTC per 24 hour period, which is around 13 cents AUD.
An important note with this, is that we could not get linked in to miningpoolhub with our VTC set up. Maybe we need to do some fine tuning to our batch file or config. We will keep attempting, if only to see what the pool provides.
Now we have given a great list of sites that are worthy of your attention. Make sure that you add them to your claiming, for as it is known – Every Satoshi Counts!
April 2023 Update:
24th April:
For about 3+ weeks now, Our VTC miner has been happily chugging away at around 1.12VTC mined per day. Current CoinGecko rates show this to be around 474 BTC sats per day, or around 19.7 cents AUD. Whilst we are still not able to retire on these rates, this is surely a great sign for Us personally, as it allows Our portfolio to build a little faster than before.
We have not done anything different – except for actively ensuring that we remain stable and online. The only tweak we have done, was a minor one, and that was just to speed up the fans for the temperature zones in the Radeon Software manager.
Specifically, this was a change to the P3, P4 and P5 fine tune fan controls, where P3 is 70% fans for 63 degrees celsius, P4 is 85% for 69 degrees celsius, and then P5 is a ramp to 92% fans for 85 degrees celsius. As it is Autumn here, Our days are not getting much more than the mid 20s degrees celsius, so it is a lot easier for Our mining setup to efficiently do its’ thing without adding pedestal fans to the mix. Come winter when it is colder, I will expect to alter these settings again, just so that the GPU fans do not kick in and out constantly.
It is going to be slightly interesting over the next few weeks, as the recent influxes of institution buying in to the major coins is surely going to trickle down to the more promising projects too.
..only time will tell.
September 2023 Update:
We have been super busy, and have 3 manual claim crypto faucets operational. Due to the insane amount of current tasks we are into, this is going to be brief.
