Reddit reminisces defunct ‘Bitcoin faucet’ website that gave away 19,700 BTC for free

Cointelegraph

Published Apr 11, 2021 05:00PM ET

Updated Apr 12, 2021 07:00PM ET

Reddit’s r/Cryptocurrency community revived an interesting piece of Bitcoin (BTC) history on Sunday with a new thread reminiscing about the time that American software developer Gavin Andresen gave away 19,700 BTC.

A thread started by u/GroundbreakingLack78 took the Reddit community all the way back to June 2010 when Andresen first launched the so-called Bitcoin faucet website. Using the domain “freebitcoins.appspot.com,” Andresen gave visitors the opportunity to earn 5 BTC per day just by solving a captcha, which is a program intended to distinguish human from machine input.

The Bitcoin faucet website, as it appeared sometime in 2010. Image via Reddit

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