Block, the payments company led by Jack Dorsey, will relaunch the Bitcoin faucet model on April 6 through a new site, btc.day. The page is live now, featuring an orange faucet icon, a countdown clock, and slogans like “The Faucet is Back” and “Buy, Secure, Spend.”
No claim details released
Dorsey announced the move on Friday via a Bitcoin-related update at Block. However, the company hasn’t disclosed how users will claim free Bitcoin — whether captchas, wallet checks, or any other participation step will be required. The site currently asks for no action; it only shows the timer and basic branding. Block also hasn’t said how much BTC it plans to distribute.
Return to a classic 2010 distribution method
The faucet model dates back to 2010, when developer Gavin Andresen used it to introduce people to Bitcoin. His original site gave users five BTC after completing a captcha and entering a wallet address. At that time, Bitcoin had little public reach. Simple tools like faucets helped users test wallets, send coins, and learn the network. The model later became part of Bitcoin’s early history. By reviving the concept, Block links a modern campaign to one of Bitcoin’s best-known early giveaway methods.
Community watches for more details
Crypto users have started discussing the relaunch across social platforms. Some see it as a way to keep Bitcoin more accessible; others point to the vastly larger number of wallet users today compared to 2010. The market now waits for specifics on the giveaway’s size, timing, and structure. Block held 8,883 BTC as of its accumulation record from October 2020, but neither Dorsey nor the company has said whether any of that Bitcoin will be used for the faucet.