Author

Topic: Is faucet mining a bad idea? (Read 342 times)

legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
April 10, 2016, 05:04:54 AM
#3
I am making my own coin and want to make it simple, do you think that centralized faucet mining is a bad idea?
Centralized faucet mining? can't get what that exactly mean.

But i think you are trying to give some of your own coin through the faucet after you launch your coin. If so it will be good idea and also it will be fair distribution rather than selling coins in ICO. But beware of bots that like to cheat like happened to raiblocks faucet recently. Try to add all the required security features on your faucets to distribute your altcoin. Good luck.

yes, raiblocks inspired me. but the bots, forgot about the bots. I think distribution on the forum might be the best according to rank, that cannot be cheated. That kind of "faucet" will be the best. Thanks for insight.
legendary
Activity: 1218
Merit: 1006
April 10, 2016, 04:31:40 AM
#2
I am making my own coin and want to make it simple, do you think that centralized faucet mining is a bad idea?
Centralized faucet mining? can't get what that exactly mean.

But i think you are trying to give some of your own coin through the faucet after you launch your coin. If so it will be good idea and also it will be fair distribution rather than selling coins in ICO. But beware of bots that like to cheat like happened to raiblocks faucet recently. Try to add all the required security features on your faucets to distribute your altcoin. Good luck.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
April 10, 2016, 04:21:06 AM
#1
I am making my own coin and want to make it simple, do you think that centralized faucet mining is a bad idea?
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