$5 from the faucet

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Topic: $5 from the faucet (Read 476 times)

protocolized (OP)

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$5 from the faucet

April 03, 2013, 06:59:31 AM

I just looked in my wallet and realized that the 0.05 I got from the Bitcoin Faucet back in the day is now worth a couple bucks. Not too shabby. Maybe I should go buy a beer. On tap. On the tap's tab?

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.

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Charm Quark

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Re: $5 from the faucet

April 03, 2013, 08:12:14 AM

I keep all my faucet mBitcoins.

paradigm

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Re: $5 from the faucet

April 03, 2013, 08:13:50 AM

That's not bad at all. I'm kicking myself now as I remember when BTC were under $1 USD. It sure would have been nice if I picked up a coulpe hundred of them then!