Earnbitcoin - Legit or Scam? Are you getting free 10,000 sats or is it just a number on the screen?

By Permabull | Permabull | 3 Jul 2020


There's so many people shilling Earnbitcoin online and here too, I simply had to try them. After all, they're giving 10,000 sats for a sign-up.

Followed a referral link of one of the authors here (Publish0x) and received 10,000 satoshis in my account. Where's the catch was my first question. Quick answer: Min. withdrawal. 100,000 sats. That's 10 times more the reward for signing. Shortcut? Yes, get more people to sign in, get 10,000 for each. Should be easy due to the faucet is just a couple months old.

Managed to get 10 people to sign in a matter of few days, great! The issue here? I got 10,000 for the first four. The rest only a few sats from their activities.

Perhaps it's just some kind of glitch and I'll get the sats later. Nope! Checked their support (Discord) and it's flooded with messages about not getting 10k sats for their referrals. So I wrote a message to one of them, saying that I'm in the same situation and hopefully we'll get a reply from the admin soon.

The next morning, checked Discord to see if I have a reply  and hopefully everything will be sorted. My message, and many others disappeared. Fed flag!

Scrolled more into the past messages, found so many screenshots and people complaining about the same thing. There's a few messages of other users explaining that there's a new rule added to the referral bonus: The new user has to Withdraw one time.

New rule

Yep, the person you've to referred will have to withdraw 100,000 sats before you'll be able to get your bonus of 10,000 sat for promoting the website and getting this person on board.

If you've never used any faucet before, to earn 100,000 sats takes quite a time, you'll be lucky to do it in a few months. Many will do it over the span of more than a year or never.

I've joined the faucet once this new rule has been on already so no problem for me. But admin added this rule to the terms without letting anyone to know about it before the users reported the "bug" at the support forum. Websites, I mean the good ones, usually inform about changes of their terms all the time, many of them beforehand. How long will it take to see another change. For example min for withdrawal requirement changed to 1,000,000 sats or even to 1BTC?? Second red flag! 

There's another issue here. You're still getting the promised 10,000 sats for the first one or a few people you'll get on board. You just don't know when will this stop. If there's a rule that the ref. user has to make one withdrawal, why are you getting the reward for the first few people and suddenly get stopped before you'll reach your withdrawal limit? Possibly to keep everyone advertising the faucet and get enough to keep you active. Red flag anyone?

Here's quite a few examples from people complaining @ Discord. Many of them already removed so it'll be great to keep them here.

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More screenshots can be found here: https://discord.gg/JP5Yxa9 ...new ones added daily.

To be honest, I've also seen a few people saying the site is paying and I'm sure they do (at least to some of their users) but Earnbitcoin also should be upfront with their users, not giving them false hope until they're close to reaching their withdrawal limit. I'll keep an eye on this faucet and will report back again.

If admin of earnbitcoin.io is reading, make the bonus much smaller, even down to 1,000 sats but keep the system fair, please. Your users will love you for that and will promote the (otherwise great) project even more.

If you still want to register with EarnBitcoin, I came across of additional offer of 1,000 sats if you use their link at microlancer when I was writing this article about the platform.

Get extra 1,000 sats from here - https://microlancer.io/task/view/1050. If not working any more, there's another offer for 100 sats here - https://microlancer.io/task/view/1054

 

 

What's your experience with earnbitcoin? Have you managed to earn 10k sats for all of the users you've referred? Is the number more than 10? Thanks for anyone who is willing to share and help the community.

 

Thank you guys for reading, liking, following, and tipping. Extremely appreciated! 👍

 

 

 

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Permabull
Permabull

Saw crypto as a way to make some cash, a get rich quick scheme. Learned about the tech and will stay in forever. Watching the GOV spending in 2020 made me realise how fiat is controlled way too much and becoming worthless be a minute. Bitcoin for the WIN!


Permabull
Permabull

Born to be bull.

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