Bitcoin Dispenser - Inspired by the Faucet.

[Garr255]

For the last few months on and off I've been putting this together. It is essentially a Bitcoin lottery, but without a buy-in. I rely solely on donors for keeping this alive, and I think it would be a fun thing to do. I'm going to reset all the submissions that have been gathering over the last few months seconds before posting this thread, so everyone will have a considerably good chance at winning.

You can submit your Bitcoin address or donate here: http://dispenser.bitbank.me/

Good luck!

(Also, I'm looking for a good deal on a FPGA miner. If you know of a good one that you have experience with, either DIY or pre built, I'd love to hear about it.)

[mc_lovin]

Fantastic website, the world needs more free Bitcoin services, they are immensely popular.

[Garr255]

I've been getting about 20 address submissions a day since posting this, but no Bitcoins donated!

Show the love and spread the wealth, please.

[Garr255]

0.3 BTC were donated in the past few days. 0.44 BTC until the first fully automatic payout!

[Jonathan Ryan Owens]

get me a banner ad and i'll put it up on yougotcoin.. oh, and i'll toss a bitcoin to your application right now.

[Garr255]

get me a banner ad and i'll put it up on yougotcoin.. oh, and i'll toss a bitcoin to your application right now.

Awesome thanks!
I'll get a banner made today or tomorrow. I'll update the balance tonight and then the payout will happen. Good luck to all who submitted!

[Garr255]

Payout!
Used random.org to generate random number. Number 8 wins!
Was sent to: 115raFw6fuBc2koAjESAs93iS8i5enah9Q
At: 2/16/2012 21:01

Yay for donors!

I have a question for users:
Should I delete all submitted addresses after each payout?
I think this would create more incentive to come to the site, thus drive up the hit count, driving up the search engine results, therefore driving up the donation amounts.
Another alternative to leaving the submissions stacking up, would be to delete all but the most recent 100 submissions.

I'll leave it up to the users. First three votes I get either way I'll stick with for at least a month.

Thanks for your support,
Garrett

[FreeMoney]

Delete 'em.

[Garr255]

Delete 'em.

Yeah I agree. I'll just do that

[Garr255]

Payout!
Sent to: 15GYK2D6mArinWRcVBbdvAUK2Z9H42kSPS
At: 2/19/2012 18:18

All addresses submitted are cleared, and will be after every payout.

I was thinking... real lotteries usually have a higher payout ratio, but they are able to do this only because they charge a fee. If I were to make a 100btc lottery and still not charge for address submissions, would anyone donate? It would make someone very happy haha, I would probably require an email along with every specific address both to prevent people from cheating, and to notify them of their win.

Tell me what you think, and thanks for the donations so far!

-Garrett

[Garr255]

All contributions to the dispenser < 0.01 BTC from now on will be ignored due to insignificance. They will still be a part of the total balance, but they will not be reflected on the chart on site.

[edd]

Sent 1 BTC.

By the way, Operation Fabulous is another way to earn BTC through advertising space.

[Garr255]

Okay I think I'll just throw some of their ads on the site unless I start to get a mass of donations, I think the 100btc lottery would be pretty cool if it got some more donations. I think I'll put the revenue from the ads towards that so the payouts can be a bit more often. I'll set up another page and everything for the larger amount sometime this weekend.

Thanks for the contribution!
-Garrett

[Garr255]

Another payout has been sent and the address submissions have been cleared. I'm setting up a 100btc dispenser right now

I also set up an operation fabulous ad. If anyone wants to go about purchasing a more permanent advertisement space let me know and I'll happily set something up.

[Garr255]

Okay, the 100BTC dispenser is up and running. I threw in the first coin, too

Good luck all! And thanks to all the contributors!

[Vernon715]

Thanks. I hope i win.

[Garr255]

Someone submitted a ton of addresses from the IP: 94.72.129.137

Please don't do that, all but one of your submissions have been removed.

[Vernon715]

So if you see more than 1 submission from the same IP address you will delete all but one of them?

[Garr255]

So if you see more than 1 submission from the same IP address you will delete all but one of them?

I just implemented a script that will do this. I understand it is unfair to people who share an IP or use the same VPN, but I don't know of/want to implicate a better way to keep cheaters away. If anyone else has an idea, I'd like to hear it.

Thanks,
Garrett

[Vernon715]

So if you see more than 1 submission from the same IP address you will delete all but one of them?

I just implicated a script that will do this. I understand it is unfair to people who share an IP or use the same VPN, but I don't know of/want to implicate a better way to keep cheaters away. If anyone else has an idea, I'd like to hear it.

Thanks,
Garrett

To avoid it being unfair for people who share an IP or use the same VPN, I think that you should do a couple of things.

First, allow 2 or 3 submissions from each IP address. This should fix most issues that arise.

Secondly, you should allow people to pay something like .001 btc for each submission after those first 2 or three.

I hope that this helps.