SECURE
Using the power of a distributed peer-to-peer consensus network, every transaction is cryptographically secured. Individual accounts have a 25 word mnemonic seed displayed when created, which can be written down to back up the account. Account files are encrypted with a passphrase to ensure they are worthless if stolen.
PRIVATE
Monero uses a cryptographically sound system that allows you to send and receive funds without your transactions being publicly visible on the blockchain (the distributed ledger of transactions). This ensures that your purchases, receipts, and other transfers remain private by default.
UNTRACEABLE
By taking advantage of ring signatures, a special property of certain types of cryptography, Monero enables untraceable transactions. This means it's ambiguous which funds have been spent, and thus extremely unlikely that a transaction could be linked to particular user.
Mining Monero
Unlike Bitcoin and Bitcoin-derivatives Monero is based on an entirely new protocol - CryptoNote - which utilises the Cryptonite hashing algorithm when mining. This algorithm is ASIC proof, meaning that it is profitable to mine using only a CPU or GPU.
MoneroFaucet.info now enables you to mine Monero directly in your browser!
Just make a claim and visit the Account page when you can use the mining console to start mining Monero straight away. All your mining income can be directly credited to your MoneroFaucet.info balance. You can adjust how much of your computer resources to use for mining by setting the number of threads and mining speed. To increase your hash rate you can mine on multiple computers!
A good platform like Bitref will let you check BTC transaction history with accurate timestamps.
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Trading Monero
Monero is currently trading at an all time high. This year, in just a few short months, traders have made upwards of 2000% profit!
If you want to turn your Monero directly into cash or are just looking to make cash off cryptocurrency trading, Monero Faucet recommends Changelly. You can buy and sell XMR instantly with their easy to use interface. It couldn't be easier to start trading like a pro!
Inactive accounts
To ensure the highest possible payouts, it is necessary to free up XMR claimed by users that no longer use the faucet.
If you have not made a claim or converted hashes from mining in the last 30 days your account will be deemed inactive and your non-withdrawn balance will be forfeited. Any referrals you have made will also be removed from the system.
How do I stay active?
Easy! Make sure you visit the faucet and make a claim at least once every 30 days.
I refer new users, but don't claim myself. Will this keep my account active?
No. You need to make a claim yourself at least once every 30 days in order to keep your account active.
I only mine Monero, but rarely claim myself. Will this keep my account active?
Yes. As long as you convert hashes or make a claim every 30 days your account will remain active.
My account was made inactive, can I get back my XMR?
No. Your XMR has been used to reward loyal users of the faucet. You can continue making claims and start earning XMR again - just remember to make a claim at least once every 30 days.
