Faucetgate (or Coingate?) – the hacking scandal.

Well, now that the Oscars are over and Harvey Weinstein is undergoing therapy…

BREAKING NEWS! SHOCK! DRAMA!

About 16 hours ago, Faucethub has released the following:

End of the world, according to Faucethub

Coinpot did not react immediately, about four hours ago they did respond in a calm and polite tone, as we have reported earlier.

Perhaps, they only found out that they were hacked from the message on Faucethub.

A simple Google search will, of course, leave it up to the reader to decide whether Coinpot was indeed hacked or not:
“A bunch of logins was released” is a really compelling evidence in favour of Coinpot being hacked. Most likely, at least half the users use the same password and login for both Coinpot and Faucethub.

An example of what actually happened (about a month ago):

“It appears that their (Coinpot’s) SSL certificate expired today and they have either reverted back to a self signed certificate automatically or they haven’t fully setup their new one or have not done it correctly.” – https://steemit.com/cryptocurrency/@bitcoinminer25/coinpot-hacked-whats-happening

That was reposted and made (fake)  news:

“I was way off, coinpot was not hacked. The user @vencero shared some links to coinpot and it works fine. I want to apologize for making a post that was misleading and lacked sufficient research on the topic.”

(source: https://steemit.com/cryptocurrency/@bitcoinminer25/coinpot-hacked-whats-happening)

What actually happened this time:

…some services were offline and/or not working as good as others. A simple change of browser and some cookie cleaning solved the problem for us. For the rest, the Moon Faucets, BonusBitcoin and BitFun were operating perfectly and all the balances remained up to date.

Now, if an organisation would want to hack a multicryptocurrency wallet holding a lot of coins, would it go for the coins, or for disrupting login issues to some of the faucets? The remaining question is: why did Faucethub so readily warned its users about Coinpit accounts being hacked, while every second  website featured on Faucethub faucet injects a mining script into your browser, at the very least?

We will keep you posted as more light is shed on the situation.

P  S.

We do recommend you to use individual passwords for faucets and, ideally, create a separate (secondary) e-mail address for those purposes. 2FA is not a bad idea at all either. Also, please do refer to our Helpful Tips section: pop-ups and ads can be the main source of harm to your PCs and they can be killed with fire.

P. P. S.

Faucethub has not yet been reviewed on this website, mainly because our main focus is cryptocurrency investment and trading.

Facethub is a multicurrency walet, exchange, social network, beta-test platform for faucets and a mining portal with a repulsive interface in addition to that. Faucethub is not evil and definitely has its uses, but, unlike Coinpot, it attempts to do everything while excelling at nothing.

Coinpot focuses on improving on what it is doing best. Coinpot’s recent enormous reduction in minimum Bitcoin withdrawal amount and removal of transaction fees was a customer-oriented, intelligent market move and has hardly made any of the wallet’s competition happy.

To be continued.

Optimising your faucet activity

…is easily done with this simple trick:

Q: I keep forgetting to visit a faucet, or miss one…

A: This problem is solved very easily through your browser, or browser’s extensions. As an example, let’s take Safari, – all you have to do is to bookmark the faucets in one folder and…

Click one button: all faucets load at once in a second!

Read more in the Helpful Tips section

Read more about Moon faucets

Moon faucets claim earnings calculation

Below you can find a breakdown of Moon Faucets’ payout accumulation structure,  relevant to the 6th of Match 2018. Please use the table as a reference only: it does not take into account the mystery bonus, loyalty bonus, mining bonus, offerwall earnings or referral bonus. With advantage of the bonuses, the figures can be multiplied by 300%, excluding referral earnings; the table of earning will fluctuate in accordance to the market changes.

Tips and Tricks

Easier Captcha, hidden mining scripts, making daily withdrawals from Moon Faucets and more – read our new (and regularly updated) Helpful Tips: Faucets section!

How much money can I earn on Coinpot.co partners? Is it worth the time?

***YES***

CelanBryant has written an optimistic article about how much one can earn  visiting the faucets, assuming appreciation of coin value in fiat, a few tips and tricks, frequency of visits, etc.

Key points:

Min activity is just maiking it in with one click a day. Mid activity is someone with 100 referrals making between 25 and 48 claims a day, and Max activity is someone who’s maxing out every claim. I like to the think of Min as a lower limit, Max as an upper limit and Mid as an average.

If you’re just mailing it in with 1 claim a day for the rest of the year and have no referrals, you can make $900, providing prices remain the same.
If you make 24–48 claims per day with 100 referrals doing the same thing, you can make $10K, providing prices remain the same.

If you make max claims per day (58–288) with 500 referrals doing the same thing, you can make $70K, providing prices remain the same.

The thing about crypto is that the price does not stay the same. As much as I like free money, I wouldn’t be advising you to do this for $900 a year — though that’s nothing to sneeze at, especially if it’s free. Early investors of Bitcoin paid just $.06 for a Bitcoin. A $100 investment seven years ago would be worth $28 million today. It is highly unlikely that crypto prices in one year will be what they are today.

What if crypto prices grew 30% on average?

If you’re just mailing it in with 1 claim a day for the rest of the year and have no referrals, you can make $1,100, with a 30% increase in prices.
If you make 24–48 claims per day with 100 referrals doing the same thing, you can make ~$13K, with a 30% increase in prices.
If you make max claims per day (58–288) with 500 referrals doing the same thing, you can make ~$90K, with a 30% increase in prices.

 

Some of his strategies:

The key to optimizing this faucet is to claim every 25 minutes or so. This is the max out time, not 5 minutes. This may change, but current claim rates show that there is no benefit to claiming at smaller time intervals. You don’t start to make less satoshi until you wait for 30 minutes or more. So you can claim more often, but you won’t make any more than if you claim every 25 minutes (I say 25 because you don’t want to wait until the last minute). This makes MoonBitcoin one of the easier Moon faucets to reach maximum claims on.

Now…

The eternal question: do we need referrals? Of course. I value each and every single one of your sign ups using my links!

But do we need 100s of referrals to make money?

CB:

There’s one other thing that is absolutely critical in your claim amount. This is true for all 6 faucets — the number of times you claim can drastically increase your daily claim amount. For example, based on the current claim rate which is published on the Moon Bitcoin site, if you claim every 5 minutes for 4 weeks you get 16,128 satoshi (assuming no referrals or bonus opportunities). However, if you claim every 4 weeks you get 111 satoshi.

So, guys… Sign up to Moon, Bonus Bitcoin and Bitfun and start earning! The market is on the rise!