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Author Topic: Any working bitcoin testnet faucet in 2024?  (Read 397 times)
MaxSoocha
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March 06, 2024, 04:29:30 AM
 #21


Testnet coins are worthless. Anyone who sells you a testnet bitcoin is spreading the notion that they have value, and thus cannot be trusted.


They're not supposed to have value, but the cost to mine testnet is real. It's not just one or two people; many people are buying testnet coins and that confirms the demand is real because they are not easy to obtain. People can place whatever value they want on anything, and clearly people are placing value on tBTC.



You're just speeding up the testnet reset.


The last reset was 10 years ago... I'll believe it when I see it.



Testnet coins are worthless. Anyone who sells you a testnet bitcoin is spreading the notion that they have value, and thus cannot be trusted.

I disagree with this.  Bitcoin Testnet reward is 0.02 coins every 20 minutes.  If someone wants 1000 coins they are going to be using a fair bit of electricity and time.

It might be a better fit for them to just get their 1000 coins in 10 minutes and keep testing their systems or whatever they are doing with them.

I own this exchange and I decided to offer this market.  People are lining up on both sides.  I don't think that makes me or the users dishonest.  Everyone is happy that uses it.

The only people upset are the ones who want to wave a magic wand and say "This has no value!!!!"  Which is exactly what people have done with Bitcoin!!!  FFS look at the shit going around token and coin-wise.... having a semi-healthy tiny nothingness Bitcoin Testnet isn't a bad idea.   Development is exploding and circulation is needed.


+1 agreed.
BlackHatCoiner
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March 06, 2024, 09:43:53 AM
 #22

They're not supposed to have value, but the cost to mine testnet is real.
So, if the utility does not outweigh the cost, simply don't mine it. Leave it to be mined by people who want to test. Mining a worthless coin with the hope of selling it for a price makes no sense. If no block has been found in 20 minutes, then the difficulty resets back to minimum, so cost is ~0.

The last reset was 10 years ago... I'll believe it when I see it.
The last reset was 10 years ago, because it's worked fine by now. If we start setting up "testnet marketplaces", I'm sure people will either abandon testnet and go to signet, or just create testnet 4.

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ABCbits
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March 06, 2024, 09:46:22 AM
 #23

--snip--
I disagree with this.  Bitcoin Testnet reward is 0.02 coins every 20 minutes.  If someone wants 1000 coins they are going to be using a fair bit of electricity and time.

Actual block time on testnet is also 10 minutes. 20 minutes is just when difficulty dropped to one which makes it far easier to mine. And current reward is just about 0.016BTC.

It might be a better fit for them to just get their 1000 coins in 10 minutes and keep testing their systems or whatever they are doing with them.

Looking at rate on your exchange, 1000 tBTC cost 0.0071BTC or about $474 right now. While a company could afford that easily, they probably should consider using regtest instead.

I own this exchange and I decided to offer this market.  People are lining up on both sides.  I don't think that makes me or the users dishonest.  Everyone is happy that uses it.

The only people upset are the ones who want to wave a magic wand and say "This has no value!!!!"  Which is exactly what people have done with Bitcoin!!!  FFS look at the shit going around token and coin-wise.... having a semi-healthy tiny nothingness Bitcoin Testnet isn't a bad idea.   Development is exploding and circulation is needed.

I somewhat disagree. On long term,
1. It'll make people mine tBTC for financial purpose, which rise cost of mining tBTC.
2. More people use tBTC faucet for financial purpose, which leave less tBTC for non-financial purpose.


You're just speeding up the testnet reset.


The last reset was 10 years ago... I'll believe it when I see it.

I agree. Aside from 10 years, signet (another form of testnet) also exist.

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BayAreaCoins
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March 08, 2024, 03:23:14 AM
Last edit: March 08, 2024, 03:36:18 AM by BayAreaCoins
 #24

Bitcoin Testnet reward is 0.02 coins every 20 minutes.  If someone wants 1000 coins they are going to be using a fair bit of electricity and time.
A better question is: why would one want 1000 tBTC? What do they have to offer that 0.01 tBTC cannot offer?

Decimals. Fund their faucet.  To see their system or hardware wallet to work with a number that large.  There are lots and lots of reasons. I don't often get a chance to talk to our users, but I do ask when I can and if I can be nosy.

The better question is why do people already have 1000's?!  I guess they have to be somewhere.  I always hope they find a better home.

I own this exchange and I decided to offer this market.  People are lining up on both sides.  I don't think that makes me or the users dishonest.  Everyone is happy that uses it.
You're just speeding up the testnet reset. The more people treat it as currency, the less purpose it has. You should at least display that these units are worthless and can be reset at any time.

That's fine.  It's a free world.  We would likely just update and keep moving forward.

We do have a warning on the main market page.



We do offer a free faucet, so coins don't need to be bought, but the service is offered.

The only people upset are the ones who want to wave a magic wand and say "This has no value!!!!"  Which is exactly what people have done with Bitcoin!!!
You don't understand that mainnet and testnet are apples and oranges. Testnet coins must not have value. It is not open for debate.

I question why they must not, because they do... for the same reason Bitcoin does!  It takes time and energy.  A free market will determine that anyways too.

If it has no value... there will be no buyers and the price will sit at the last trade price.

https://AltQuick.com/exchange/ - Trade altcoins & Bitcoin Testnet coins with real Bitcoin. Fast, private, and easy!
https://FreeBitcoins.com/faucet/ - Load your AltQuick exchange account with free Bitcoins & Testnet every 10 minutes.
BlackHatCoiner
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March 08, 2024, 01:06:06 PM
 #25

Decimals. Fund their faucet.  To see their system or hardware wallet to work with a number that large.  There are lots and lots of reasons. I don't often get a chance to talk to our users, but I do ask when I can and if I can be nosy.
I don't want to be absolute. There might be usage of large amounts. It just makes no sense to me. Whatever I can program to work for large amounts will work for small amounts as well, unless I'm running a testnet faucet.

We do have a warning on the main market page.
Okay, that's good.

It takes time and energy.
... to test them. If you don't want to test the coins, then simply don't mine them. If you mine them for the sole purpose of selling them, then that just goes against the functionality of testnet which depends on tBTC having no monetary value. If you finished your tests and mined tBTC, then just give them to a faucet or to someone who needs them.

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.BLACKJACK ♠ FUN.
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BayAreaCoins
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March 09, 2024, 10:38:52 AM
 #26

If you don't want to test the coins, then simply don't mine them. If you mine them for the sole purpose of selling them, then that just goes against the functionality of testnet which depends on tBTC having no monetary value. If you finished your tests and mined tBTC, then just give them to a faucet or to someone who needs them.

It cost 5x more to mine them than it does to sell them.  I don't think it's going to increase mining.

The people selling them appear to have been sitting on them for *years*.

It's healthy they go into circulation cheaper than it would be for some India kid to mine them and make the next billion dollar project happen.

*shrugs*

It's just an option.

https://AltQuick.com/exchange/ - Trade altcoins & Bitcoin Testnet coins with real Bitcoin. Fast, private, and easy!
https://FreeBitcoins.com/faucet/ - Load your AltQuick exchange account with free Bitcoins & Testnet every 10 minutes.
Flavatron
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March 09, 2024, 11:09:47 AM
 #27

coinfaucet.eu is a decent one.

I also have some Bitcoin Testnet coins, if you give me an address I can send you some.
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March 09, 2024, 12:57:51 PM
Last edit: March 28, 2024, 10:58:39 PM by BayAreaCoins
 #28

coinfaucet.eu is a decent one.

I also have some Bitcoin Testnet coins, if you give me an address I can send you some.

They are a decent one for sure.  They actually use one of our website's affiliate links (the old grandma banner). <3

https://AltQuick.com/exchange/ - Trade altcoins & Bitcoin Testnet coins with real Bitcoin. Fast, private, and easy!
https://FreeBitcoins.com/faucet/ - Load your AltQuick exchange account with free Bitcoins & Testnet every 10 minutes.
mikedotexe
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May 13, 2024, 09:14:28 PM
 #29

I also have some Bitcoin Testnet coins, if you give me an address I can send you some.

Hello!

I have spent quite a while trying to get some testnet BTC.
I'm working on an interesting project with NEAR Protocol and hoping to essentially be able to control some logic on Bitcoin through a Rust smart contract that controls Bitcoin addresses via a multi-party computation service.

I am at the point where I'm DM'ing people I've met at Meetups where I live, seeing if folks have any testnet BTC they're willing to share. I had a nice person send some, but it's temporarily inaccessible. Lesson learned: always send to your Sparrow wallet first!

If you are willing, would be grateful if I can get some testnet BTC here:

tb1qr0vvugk79sxeza32ce0p8c3dpducvxtpnmvfjr

Be well
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