Bitcoin Forum

I see them as a bad way to earn money from only Advertising

Seems you answered your own question buddy. As far as I know you get paid for the captcha a small amount and the add sense as well as any space for advertisement. Unless you have very high traffic you won't get paid much.

They also earn money from donation & captcha too
They could earn extra money if they share other faucet site with their refferal links

Anyway, make money from faucet is bad idea

most faucets are rubbish. but some faucets do give the operator a profit. it may not be a big profit, but profit is profit. the problem is that the traffic quality isn't worth a lot from faucets.

Some faucet sites use AdSense, but most faucets use other ad networks specifically geared towards Bitcoin such as A-Ads, Adbit.co, or CoinURL.

And not all CAPTCHAs can be monetized. I don't think reCAPTCHA supports it (or at least not by default). Solve Media definitely does.

Most faucet sites get money solely through advertisements. These are usually either pay-per-click or pay-per-impression ads or affiliate ads. The meaning of first two types is pretty obvious - i.e. the faucet owner gets paid whenever a visitor clicks (pay-per-click) or views (pay-per-impression) an ad. Affiliate ads can only make money if a visitor clicks on the ad and purchases a product or service using the faucet owner's referral link. Then the faucet owner gets a share of the sale in the form of an affiliate payment.

Unless you happen to own a hugely popular faucet such as Freebitco.in, most faucets aren't very profitable which is reflected by the amounts which they dispense out.

I read a really good post that said that the best faucets have a PLAN.

Planning is key. Starting a faucet with no Bitcoins and no referrals is pointless unless you're rich!

I will be writing an article about faucets soon - are you interested in starting one, matrix zion?

Even if a faucet does have a huge traffic I doubt that in the end it will make any money. Most faucets just earn enough to keep them going. You'll be lucky to earn enough from Ads and Captchas to keep it running, don't think you'll get rich from a faucet.

People lose interest in faucets as soon as they realize it's not worth it and this is why many faucets don't last too long.

they are non the less a good way to bring more people to the bitcoin world, they are good at doing this, people in general like the sound of free money, even if it is a tiny amount

in the end i don't think that any dev want money out their faucet

They mainly made money from all the banners around the faucet. Even solving captchas brings some cash for them.
Think about how less hey give you away (avg around 200 sats). This is so less that they still have a good return on invest.

i think the main thing that would make a faucet successful in attracting more people and as a result make more money, is being different and more attractive that others. since there are a lot of faucets with different payments and plans any new faucet that wants to be successful needs to do something different and attractive.

I think Now you got many replies on that you can lock this thread Now
By thread lock police xD
Thanks

Profit form traffic.
Profit form advertisement another website

Faucets mainly earn revenue from advertisements. I used to own a faucet but I quickly realized I was losing more money than I was making. If you plan on making your own faucet, you will need to do a lot of advertising to get your faucet famous.

Faucets site earn money by Ad clicks.
Don't try any faucets, they just waste your time, you can easily earn more bitcoin by join a signature campaign.
A faucets may give you about hundred sathsio per hour, but you can earn 5000 sathsio per post as a newbie to join a signature campaign.

Faucets are a stupid way to make money. If you want a more effective way to make money that requires very little skill, try Mechanical Turk: https://www.mturk.com/mturk/welcome

You can get paid with Amazon credit, and you can convert that to bitcoins using Purse.io: https://purse.io/

You right. You just get dust amount from faucet, build a faucet is better than earn money from faucet(just write capctha) of course with good management. Try to do small task, like coinworker or(find more: https://bitcointalk.org/index.php?topic=985550.0 ). Or sell goods/service. Join sig campaign too :D


~iki

Faucets, it seems that they make more money from you than you from them :-)

In many cases it would be true.  Faucets pay very very little.  Ones that stick around do make a profit.  But they make it from lots and lots of people using it.

I for the life of me cannot explain why someone will sit at a computer for hours on faucets and hope for maybe 5 cents? Its crazy.

If they have good number of visitors, i think it's good idea to earn money
IF their visitors click ads on their faucet site :D

And they can use pop under ads too if they want fixed income from visitors, not depending on ads clicked. But this method is not good for faucet reputation in the future.

I know about earn money from ads such as google adsense, but earn money from captcha solving is something new for me.
Do you know how much rate / 1000 captcha solved?

from adsense or some other PPC program, anyway, it is just matter of time until google block them, just because they are not producing any content etc. you will see:)

Who the hell actually donates to faucets? I see no logic in that. And the amount of money operators get for every completed captcha is tiny fractions of a cent.

No one donates to a faucet that would be very odd to say the least.  I've never heard of it.  I think they make the most off ad's.

The capatcha I don't know if that makes them money.  I think it's function is more to save them money from bot's.  If you are talking about working for a captacha service that would be stupidly low paying job.

Ive talked to someone that was running a faucet and he said he was earning a good amount of money, take in count that most faucets give around 300 satoshis average per claim, with 1.000 people claiming they would only give 300.000 satoshis wich is 0.003 wich is around 0.70 cents of $ at todays price, for 1.000 people visiting the site they get a little bit more money than that so it is worth it

Yes, they make money from Ads ( usually in the form of Pay-per-Click or pay-per-impression ) but some of them also receive donations.
But only several of them make money and last for a year or more.

Most faucets have a loss, not to make money.

Faucets aren't just to make money ourselves, but to give some very small chunks of sats to people helping them earn their very first coins...
And AFAIK, there are few faucets who use Google AdSense in order to make money for themselves to pay their users, you might try out that thing...

Im pretty sure most of them use something else since adsense only allows you to have 3 or maybe 4 ad spaces if i remember correctly and when you go to a faucet they have like 10 or even more

With pop ads maybe... i usualy use exad.me for my blog,, it's work more than adsense :)

Adverts mostly and some people seem to donate to them for what ever reason although they aren't earning much and aren't paying much so it's a long term business with a small income amount of the people running it.

as much as you would think otherwise, all the money the faucets make are from advertising; the faucets make more for giving 1 view of the numerous ads on the page than they give to you for claiming.

as stated here in almost every reply, faucets make money from clicks, and those clicks are more valuable depending on traffic. That said, anyone running a site with ads on it knows this; you want clicks that emanate from the USA. Adsense pays different amounts for clicks depending on said clicks country of origin. USA gets the most money, UK, Canada, Germany, Netherlands, Australia are next most valuable. Everywhere else in the world will only get you a penny or two. So, to make money via online advertising PPC services like adsense (the highest paying service) you must target the USA for your traffic. Also, different types of ads pay different amounts, University ads, medical and legal, and financial services pay the most, everything else pays poorly. If you really want to make big money your website should feature content related to universities, lawyers, insurance etc. this would be hard to do with a faucet site as they usually have zero content. I suppose you could call your faucet University Faucet and write a few paragraphs about attending law school, but as soon as Google took a look at your site you'd be banned.

Basically faucets are passive income, maybe earning a few dollars a month. I cant see how anyone makes money from them, even with accidental clicks (ever notice how the ads surround the "collect reward" button?) the income would be negligible. I could be wrong, I like to go in these type of threads and ask if there is anyone here who runs a faucet and if they would be so kind as to share with us how much income they actually see.

Where are you getting this fact?   I think if they make no money they would shut down.

The big ones especially I think are making profits.  Granted it's very small per person, but still a profit.

the big ones for sure are making big profits, like freebitco.in, multiple ads and around 1000 satoshi per claim hourly, and pays out multiple btc weekly. to output that much whoever runs the site is making even more.

I'm not convinced. Some faucets might be driven by hope or enthusiasm, not by revenue.

The big ones stay in operating from more then hope and dreams.  I cannot explain why people use faucet it is insane on how little they pay.

But the big ones have made it where they can operate at a profit.  It's a competitive field with faucets so no one making profit is likely to share their setup as far as pool side.

I created a faucet (I won't share the link).

I topped it up with 1,000,000 satoshis and put in some ads. By the time it was emptied out, I was only able to make a total of 13,000 satoshis from advertising revenue. :(

The most popular faucets such as Freebitco.in are probably quite profitable for their owners but it wouldn't surprise me if most of them never make a profit. The market is pretty saturated enough as it is.


Gavin's original faucet got quite a few donations. Of course, the situation back then was very different compared with today.

We make profit and it is really worth. You can easily double up your investment.
But you have always the fight against bots. Also you need a big experience to operate a faucet and one faucet is not enough.

Aren't implementing captchas enough for this? Which ones would you recommend? I've been using Solve Media and ReCaptcha. And what other anti-bot measures are there (apart from captchas) that a faucet owner could choose to implement?

I've been running Faucets for years, and I would not have been doing that unless they made profit !

Most of what has been said above is pretty accurate regarding how the faucet makes money.

• Advertising
• Captcha's
• Re using your traffic
• Donations

I don't use captcha's to generate income, or donations, but I do make money from advertising, and re selling my traffic.

My outgoings for the two fauctets I currently have is around 2.5BTC per mth but I aim to make what ever I spend x2,

Just out of curiosity but why don't you use captchas to generate income? Is it because you specifically choose not to or because their reward is too low for it to be worthwhile? I know Solve Media gives you a small reward for each successfully solved captcha and I haven't heard any complaints about their captchas being easily beaten by bots.

Donations, I can pretty much understand though.

Is not enough, SolveMedia in security mode revenue or secure level 1 could be easy read with OCR.
I think recaptcha is the best one
But with phantomjs or imacro is it simply to simulate a human.
You also need a mouse detection, measurement of time and other few think to detect a bot.

The best way against bots is a email registration, but this is really annoying

I am running a faucet and I have to say:
all other ad systems apart from adsense, generate almost nothing
you have to have really big faucet to start receiving earnings from other things than adsense
I earn enough form adsense to keep the faucet going, but there is not much profit there. (some days 100% profit, but then 2 days in a row with 50% loss)

Hmm... Didn't realize that. Perhaps that might explain why my faucets keep getting drained so quickly. :(

I'll probably be shifting to ReCaptcha and testing to see if it's any better. I've noticed that ReCaptcha sometimes doesn't check to see if a captcha was successfully filled in (i.e. you just press a button and the system analyzes your behavior/setup and determines whether or not you're a bot based on just that analysis alone). Email registration would be very annoying, and I'm not sure if many popular faucet scripts out there support that either (at least not out of the box I think).

Anyway, thanks for the help. :)


Doesn't AdSense require sites displaying their ads to be rich in content? I would have thought most faucet sites would fail this requirement. ???

To create an adsense account you need a site rich in content. Then, however, you can add the adsense to the sites not so rich in context - it is said so in rules.
I have other pages than faucet, that have a lot of text and generaly a bit of "quality" users. Then, a faucet which generates much more traffic, but low quality

Ah, OK thanks for the explanation. I always assumed the requirement was universal. Never thought that as long as at least one of your sites have good content, you can place the ad even on pages/sites which lack high-quality content. I see that Freebitco.in also has AdSense ads and they're the largest faucet in the world so I guess that pretty much validates it then. :)

When I started Bitcoingenie.info I used solvemedia on that one and to be honest for what they pay, and there min amount to payout which I think is currently $200 and the fact I'm in the UK just didn't make it worth while, plus the fact it is pretty easy to defeat with a bot, I mean there captcha is either "very nice" crocodile tears" or "pajama bottoms" they don't revolve the captcha enough, plus I don't like the way they have started the out of screen thing when you click the reveal.

Its all about keeping your users happy, I'm fortunate enough to have an adsense account, in fact I logged into adsense yesterday and apparently it was my 9th year anniversary of using adsense lol

And yeah donations are just a dumb ass way of trying to make money from a faucet.... if people need the dust to start with they are hardly likely to chuck a BTC at you are they lol ;)

Thanks for the answer.

I didn't realize Solve Media had so many issues. Would you say ReCaptcha is the best captcha then? (especially in regards to resistance to bots)

And donations were probably more of a factor back when there were fewer faucets and most of them weren't solely motivated by profit. I believe Gavin's original faucet subsisted solely through donations for most of it's existence.

Hi

I'm a faucet owner too (I think is one of the best) : http://bitcoinspace.net/freebitcoins (http://bitcoinspace.net/freebitcoins)
We pay 600, 1500, 2000, 3000, 5000, 10000 satoshis every hour.
We have : Google Adsense, Bitmedia.io, Adbit.co, Bitclix.com as advertising networks.
The main revenue is generated by Adsense (over 80%)
We have 35-40 k unique vistors per day.

I think many of your faucet users will give up before reaching the minimum payout...

You are wrong:) they don't give up, they continue to play and recommend our page to others, because we are trusted and we have high rewards.
Now (because we have just 45 days from lauch) we have the minimum set to 100100 satoshis.
We will reduce it to 50000 satoshis or even more in the future (after we get a fair formula between payments and revenue and after we receive the payments from Adsense)
Also other adjustments can be made.

Hey, did it take long to get approved by bitmedia?
I am waiting over 10 days now. Are the earnings from them good?

Bitmedia is in the 2-nd place for revenue (after Adwords)
10 days ?  woow I think you should contact them.
From what I remember the activation is our case was in 2-3 hours

I wish you succes...and I promote your faucet...but it's not as webmaster my preferest and i think it is the same for many little webmasters.

Can you explain a bit ?

So I have already mailed them and another day passed...
I did not know they provide such good earnings....
I hope they will answer soon

You're not alone, my site was never approved by bitmedia either, they may have some rules about which site to accept.

of course:
My ad space is not unlimited.
If I promote your link it is more a service for my members and visitor than a purpose to earn more.
But I see that faucets users keep up or give up if the payout is to high.

it is same for me:
I test many faucets and if the payout is to high,I will never reach the payout before the faucet close (lol)
I and my referrals prefer earning less but faster because they see too much scam,and honnest webmaster are put in the same basket...

if you are realy the best and your payout is not too high,then I will promote your faucet more...

Our cashout limit is set to 100100  satoshi right now.
Some people say that this is a high number, but ... let's compare it with https://freebitco.in/ (https://freebitco.in/) for example: they pay once a week. On http://bitcoinspace/freebitcoins (http://bitcoinspace/freebitcoins) you can reach the actual cashout amount in aprox 1 week also.
We will reduce this limit (I think to 50% ) once we receive the revenue from advertising.
You can start promote it and benefit later.
We dont open a faucet for 1 month (we invested too much money in this project (server, security, script, payments to users etc)
We want to offer one of the best platform in this business.

PS : there are users who already have many referrals (I have a user with 3,972 referrals - you can check this by yourself by entering this addres in the "REFS" page on our website : 1BDSf6T17iCRFkSwXbWUFWqsr29j24KqGu)  Check his address and see how many payments he received from BitcoinSpace.

Ok I will try it...

I have just seen i have referrer commission 150 sat...

Your balance:
Current: 4,950 satoshis | Referral: 150 satoshis | All time: 4,950 satoshis
Cash out amount: 100,100 satoshis -

I let you know...