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Early Bitcoin Entrepreneur Charlie Shrem Plans to Restart Bitcoin Faucet Website

Early Bitcoin Entrepreneur Charlie Shrem Plans to Restart Bitcoin Faucet Website

CointimeCointime2025/05/05 07:11
By:Cointime

According to Cointelegraph, early Bitcoin entrepreneur Charlie Shrem is developing a new Bitcoin faucet website 21million.com, which mimics the first Bitcoin captcha page created by early Bitcoin innovator Gavin Andresen in 2010. Users can earn Bitcoin rewards by completing captcha tasks. Currently, the website shows that the amount of Bitcoin available to claim is 0, and the captcha tasks and Bitcoin receiving address input box are not yet open for use. Shrem stated that he is developing the project using AI-assisted programming (vibe coding). Bitcoin faucets played an important role in promoting and adopting Bitcoin in the early 2010s. Andresen's Bitcoin faucet website distributed a total of 19,700 Bitcoins (currently worth about $1.86 billion), with users being able to earn up to 5 Bitcoins per day. As Bitcoin prices and transaction fees increased, this model eventually became unsustainable.

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