Adjusting bitcoin payout based on the price of Bitcoin

Bitcoin Questions and AnswersCategory: QuestionsAdjusting bitcoin payout based on the price of Bitcoin

Alexander asked 2 years ago

Mr. Beigel,

How are you? I am staring my bitcoin faucet. I wanted to asked how are you adjusting the bitcoin faucet payout with the volatility of the bitcoin market? Are you using some kind of algorithm?

Thanks for your time.

1 Answers
Ofir Beigel answered 2 years ago

Hello Alexander, I’m fine thanks for asking :)
I’m adjusting payouts on the faucets by using the USD BTC faucet (located on the “faucet” – “currencies” section). I peg the payout amount to a USD value and the faucet adjusts automatically.
Hope this helped.

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