Coinpayu.com Stops Faucets

 

Coinpayu Stops Faucets 


Coinpayu.com, a popular website that offers Bitcoin, Ethereum and Dogecoin faucets, has announced that it will stop its faucet service from 22nd December 2023 due to a huge loss of $500 per day. The website claims that the loss is caused by bots that abuse the faucet system and claim cryptocurrency 24 hours a day.




Faucets are websites that reward users with small amounts of cryptocurrency for completing simple tasks, such as viewing ads, completing surveys, or solving captchas. They are often used by beginners who want to learn about crypto or by enthusiasts who want to earn some extra income.


Coinpayu.com was one of the most generous and user-friendly faucets in the market, as it allowed users to claim cryptocurrency every 60 minutes or view ads and complete offers to earn more crypto. The minimum withdrawal threshold on Coinpayu.com was only 11,000 satoshis, which is equivalent to about $0.50.


However, the faucet service was also vulnerable to exploitation by bots, which are automated programs that can perform tasks faster and more efficiently than humans. Bots can claim faucets multiple times a day, bypassing the verification systems and draining the funds from the website.


According to a tweet by Coinpayu.com², the faucet rule has changed on 15th November 2023, in an attempt to increase the faucet claim value each time and limit the claim times daily. The change aimed to discourage bots and encourage human users, but it seems that it was not enough to prevent the loss.


Coinpayu.com has decided to stop the faucet service completely from 22nd December 2023, and focus on other features, such as advertising, offer walls, and referral programs. The website has assured its users that they can still withdraw their earned balance and that the website will continue to operate normally.


The decision has been met with mixed reactions from the crypto community, as some users expressed their disappointment and sadness, while others thanked the website for its service and wished it good luck. Some users also suggested alternative faucets, such as Cointiply, Freebitco.in, and Firefaucet.


Coinpayu.com's case is not the first one of its kind, as many other faucets have faced similar problems with bots and losses in the past. The faucet industry is facing a challenge to maintain its profitability and sustainability, as the demand for free crypto increases and the supply decreases. Faucets may need to adopt more innovative and secure solutions to survive in the competitive and volatile crypto market.



                                                          ðŸ‘‡ðŸ‘‡ðŸ‘‡

                                                        Follow Us        


Go to Previous Post                                                Go to Next Post


                                                           Other informative Posts


#makemoney

#earnmoney

#businessonline

#onlineearning

#earnonline

#cryptoearning


Location: Australia

Comments

Post a Comment

Popular posts from this blog

will car prices decrease in pakistan in 2023 ?

Image
Prices of imported cars up to 1800cc will fall after the removal of the 100% duty tax. Pakistan has made a crucial decision to eliminate regulatory tariffs on imported old cars with displacements of up to 1,800cc and to lower duty rates on a variety of commodities, including new cars and mobile phones. This action follows the government's prior tactic of substantially taxing imports, which had little effect on revenue but significantly harmed the country's enterprises. The decision was made when the chairman of the Tariff Policy Board refused to prolong two Statutory Regulatory Orders (SROs) that expired on March 31st. As a result, consumers will be able to purchase new and old automobiles, high-tech mobile phones, home appliances, meat, fish, fruits, vegetables, footwear, furniture, musical instruments, dog and cat food, and ice cream. The regulatory duty on secondhand cars with displacements of up to 1,800cc has been totally eliminated, offering great relief to consumers. How...
Read more

SOS Business Search

Image
{ A blog post to Help people } Secretary of State Business Search Entity sos business search If you're a business owner or entrepreneur looking to start a new business, it's important to stay informed about the legal requirements and regulations in your state. One of the most important aspects of running a business is ensuring that your business is registered and in good standing with the state. This is where the Secretary of State (SOS) Business Search comes in handy. The SOS Business Search is a powerful tool that allows you to search for information about businesses registered in your state. This tool provides a wide range of information about each business, including its name, address, registration number, registration date, and business type. Users can search for businesses by name, registration number, or owner's name. One of the primary benefits of the secretary of state business search is that it allows you to verify the status of a business. This is important for b...
Read more