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Welcome to Field Bitcoins - free bitcoin faucet
What is Field Bitcoins?
Field Bitcoins is a bitcoin faucet with a
difference...YOU decide how often to claim!
Whereas most faucets only allow you to claim once per hour or once per
day, we allow you to claim as often or as little as you like*
The faucet will gradually fill up - quite quickly initially but it will
slow down over time - until you make a claim. So the longer you leave
it the more you will be able to claim.
You may prefer to claim a
smaller amount every 5 minutes, or visit once per day and claim the
large amount that has built up while you were away!
(* minimum 5 minutes between claims per account/IP address)
How much can I claim?
here to view the current claim rates.
How are my earnings paid?
We currently offer 2 different payment options... 1) WEEKLY
PAYMENT TO YOUR BITCOIN WALLET: If you sign in to Field Bitcoins with a bitcoin wallet address then all your earnings will accumulate in
your Field Bitcoins account and the total balance will be paid directly
to your bitcoin wallet on Saturday or Sunday each week (providing the
balance at that time is at least 25000 satoshi).
2) IMMEDIATE PAYMENT TO YOUR XAPO ONLINE WALLET:
If you sign in to Field Bitcoins with an email address then all your earnings are paid out immediately to
the Xapo wallet
linked to that email address. Click here for more details
about these 2 payment options.
What is Bitcoin?
Bitcoin is a payment system introduced as
open-source software in 2009 by developer Satoshi Nakamoto. The
payments in the system are recorded in a public ledger using its own
unit of account, which is also called bitcoin. Payments work
peer-to-peer without a central repository or single administrator,
which has led the US Treasury to call bitcoin a decentralized virtual
currency. Although its status as a currency is disputed, media reports
often refer to bitcoin as a cryptocurrency or digital currency.
Bitcoins are created as a reward for payment
processing work in which users offer their computing power to verify
and record payments into the public ledger. Called mining, individuals
or companies engage in this activity in exchange for transaction fees
and newly created bitcoins. Besides mining, bitcoins can be obtained in
exchange for fiat money, products, and services. Users can send and
receive bitcoins electronically for an optional transaction fee using
wallet software on a personal computer, mobile device, or a web
Bitcoin as a form of payment for products and
services has seen growth,and merchants have an incentive to accept the
digital currency because fees are lower than the 2-3% typically imposed
by credit card processors. The European Banking Authority has warned
that bitcoin lacks consumer protections. Unlike credit cards, any fees
are paid by the purchaser not the vendor. Bitcoins can be stolen and
chargebacks are impossible. Commercial use of bitcoin is currently
small compared to its use by speculators, which has fueled price
Bitcoin has been a subject of scrutiny amid concerns
that it can be used for illegal activities. In October 2013 the US FBI
shut down the Silk Road online black market and seized 144,000 bitcoins
worth US$28.5 million at the time. The US is considered
bitcoin-friendly compared to other governments. In China, buying
bitcoins with yuan is subject to restrictions, and bitcoin exchanges
are not allowed to hold bank accounts.
Is Bitcoin really used by people?
Yes. There is a growing
number of businesses and individuals using Bitcoin. This includes
brick and mortar businesses like restaurants, apartments, law firms,
and popular online services such as Namecheap, WordPress, and Reddit.
While Bitcoin remains a relatively new phenomenon, it is growing fast.
At the end of August 2013, the value of all bitcoins in circulation
exceeded US$ 1.5 billion with millions of dollars worth of bitcoins
If you want to know more then check out the full Bitcoin