Ofir Beigel is the general manager of 99 Bitcoins, an informational site for newcomers to the space.
In November 2015, I started operating 99Bitcoins' faucet. Almost three years later, on Oct. 8, I shut it down.
Throughout its history, the faucet paid out over 12.795 bitcoins to its users. Here's its story. What are cryptocurrency faucets? Faucets are a type of website that work on traffic arbitrage. It means you "buy" traffic cheap and sell it expensive. It works as follows:
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