Bitcoin Forum

Some years back I started using bitcoin faucets before I really knew what they were and I made a few bucks in a short amount of time but stopped as I did not find it to be a good way to make a decent profit. I have seen people claim to make a living off of bitcoin faucets, is it actually possible?

its never make living only use bitcoin faucet
faucet site is very low reward, so i think imposible can use living without anything only from faucet site

It may be was possible in the past when the price of bitcoin was in peanuts and faucets sites used to pay huge payouts but if now you are looking to earn a living only from faucets then it is impossible as the payouts are too low and it will only waste your time and you will never be satisfied with your earnings from faucets.

Fortget about it. Bitcoin faucet are time wasting.
Post on this forum, become a member and then register for a signature campaign, you'll make way much more.

This can't be serious.

First, tell me how much does the best faucet you ever saw pay per claim. Let's suppose you do 10 faucets per hour, paying 1000 satoshis each.

This means that you get ~$0,23 per hour, or $2.76 per day if you work 12 hours. Now, can you pay your eletricity, food, rent, health insurance, etc, earning $82 per month to work 12 hours per day? The answer to my question is also valid for your question.

With this post I just made, I earned what you would have got for almost 8 hours of doing captchas. And even that isn't good enought.

Do your math.

Yes, you could make money, perhaps even 20 or even 30 cents a day, which will help cover the electricity costs.

No, believe me it won't. I also started with faucets when I was just new in bitcoin. It just makes me feel an idiot because usually when I get  the 10k satoshi payment threshold that I clicked for the captcha more than 1 or 2 weeks and then you transfer it your account but the fee is equivalent to your payment so in the end you got nothing left. I think what people really do is to find many referrals so it's like they get paid by the hardwork of others. Very smart eh!.

I can't say that's impossible because there may be a some faucet site that gives a good reward. just relying on the faucet it is very heavy the average faucet site only gives low reward and there are still many better sources than faucet.

Yes, it's possible since you are an influent personality on the internet, more precisely on Crypto-Currency world. So you will have a large audience, you can share your referral links with thousands of people and they will sign up under it, generating comission for you.

That is the only way to make a living from faucets. By yourself only it's impossible. Maybe if you store all the earnings you have it could be possible after many years... So you have some savings in Bitcoin from the faucets income that you can use to invest later when BTC hits high prices (some people expect  BTC price $500.000 in 3 years). Your 50 satoshis earnings from each faucet would price $0.25 thinking this way...

that's the same thing that i'm gonna say if OP is willing to wait for that long maybe he can earn a lot and if he really aiming to earn then share a ref link to have many commissions coming from his referral or also he can use railblocks faucets not exactly bitcoin but another alts which can give him at least some penny a day enough to save paying his electricity.

You miss one point here. In some part of the world the costs of living and wages are way lower than in the Unitated States. Sometimes its so vast differences as ten times or so. Another point you miss is that there could be 100 faucets someone uses.

I think you exaggerete the 1000 satoshi per hour. I think its too much. Most of the time its far less.

There are not enough of a good faucets to make living on them in a third world possible. Most of the faucets takes way too much time and have the feeling of working with them. Imagine the faucets that gives entertainment like some gambling sites do, and for addition they are fast and easy to claim. That would be a great additional income. Sadly its not possible nowadays without boring yourself to death.

Sadly there are very few entertaining faucets out there to make such an option viable for third world countries.

There are two very entertaining faucet games that gives surprisingly high reward:

http://www.satoshigalaxy.com/?r=przemax

https://bitfootball.net/index.php?r=17h8ZEmFae6TCVV2RSMSNKRyTYjMYJauHx

Please use my ref links, and I will teach you how to play them properly.

P.S making high quality posts takes a lot of time as well. And making yourself a member status takes even longer time. You do not feel it like so, because you would use the forum anyway. So if someone is having the entertainment by playing, they do not feel it as wasting their time.

It also depends in wich country you live. You can do more or less for 1 btc in different countries.

Mostly the opinion about faucets is that they are waste of time and in some way I can agree with that.But with good faucet list/rotator and with some referrals you can earn something every day.That coins have not some great value today,but as you say in few years that coins may worth ten or twenty times more than today.

In my best days with faucets I can make up to 500 000 satoshi per day,but then price was around 200-250$.Many say to me that I am wasting my time,but today that coins worth ten times more.So claiming from faucets and participation in signature/twitter/facebook campaings + if you have some services to offer is good combination to get some coins.

It can be a source of passive income if you manage to get yourself hundreds of referrals. Otherwise, it's not worth it, in my opinion.
Even if you manage to claim something like 100 000 satoshi per week, that's about $2 only.

So, nowadays I'm mostly trying my luck in Freebitco.in lottery :D

The right way would be to get you first hundreds of satoshi on faucets (if you can't afford to buy them when BTC drops), deposit them on some exchange and learn trading.

https://image.ibb.co/e9HN5Q/asd.png (https://ibb.co/i8UDC5)

Above image proves that, rather than making living, it could have made you very rich if you were one of the first faucet users in Bitcoin world. Today, i am little more sceptical about faucet incomes. It is hardly possible to make your living from them, but i have seen some old users with tens of thousands referrals from biggest faucets such as freebitco and moonbitcoin. Considering some of these faucets offer gambling service as well, i believe they make some decent money which may actually become as big as a sallary. However, i don´t reccomand anyone to expect that if starting today.

I make at least USD$20 per week from BTC-related advertising, and USD$10 from faucet referrals. This is definitely not making a living, but does pay for all my domains and most importantly my VPS server.

If I was in a fantasy world and figures were at least 10x to 20x, then I could even start a decent non-spammy suite of faucets, and use them (i.e. their ad revenue) to save for holidays, xmas, things for the kids etc.

It depends where you live :)
If you live in the United States, you will never get to live out the winnings generated by a faucet... at most you will be able to buy a cola and a pizza.
If you live in Nigeria, Afghanistan, Haiti, or other 3-rd countries and you make 200-300$ per month it will give you a decent living.

People who say it's waste of time it's because they have better sources of money, but for who doesn't have anything, faucets are very helpful. The real waste in my opinion is to put all the micro earnings into Ponzi HYIP schemes hoping to double it and many or most faucet users from these third world countries are doing this...

When I started claiming on faucets I did this mistake and lost few millions of satoshis for nothing, thinking the cloud minings offering good profit were real and legit. If faucet claimers just store their earnings or put into trusted sites there isn't problem, it's a good saving account method.

Well I guess you can't make a very luxurious living but depending on the country you live in and the rise of Bitcoin over time it might be possible.

For example my faucet paid the best player of all time (It's a faucet where players compete in a fun browser game against each other and the winners get rewarded, check out the statistics of all time players yourself to verify) 1.56 Bitcoin since we started in September 2015. So over 3,653.40 USD in todays terms - or 159 USD per month since the site is running. This is only income from one faucet and in some countries the cost of living is below 200 USD per month.

Of course this calculation is somewhat dubious since it's thinking in value of Bitcoin today - it's just to give you an idea much one could make by being consistent and hoping for a rise in Bitcoin prices.  ;D

I believe I remembered reading someone breaking down the details and the conclusion is if you sit in front of your PC hardcore and claim from faucets straight for around 10 hours, it's possible to earn $3-4 (>300,000 satoshis) per day. That's about $120 a month but I still have no idea which rotator or game(s) are able to let you have enough activity to claim that much.

It's hard, but possible, if you live in 3rd world country. But it's boring tiring and not effective job. You have to make hundreds or even thousand claims from faucet to get more or less decent profit. If you have plans to earn for a living, I agree that would be waste of time.
But hunting of referrals can help. Create simple blog/faucet list/rotator, put referral links there and promote it everywhere you can. With referral you will earn more than you can earn yourself. From my own experience, now I can earn 50k-100k from single faucet, like Bitfun.co or Bonusbitcoin.co. I think it's not bad to get such amount passively every day :) If I would have better marketing skills, I would be able to earn even more. Offcourse, it takes quite long time to build referrals team.

Thank you, you have been very inciteful. I too have been considering using the faucets for a few satoshi. I've always wonderd about the signatures people displayed. This micopayment sub section is awesome!

If you are lucky you can also win with gambling or with trading at a currency exchange.

I have been collecting faucets casually over the last few months, taking what I have earned and playing in the exchanges with some small-name coins.
This has led me to have a very diversified collection of coins.  The interesting thing is; I have invested no money at all, and have a worth of approximately 30 USD, if I liquidate at the time of this writing & sell at the price ~2770 USD / 1BTC.   ;D

Now, I agree, this will not pay my bills or get me out of debt tomorrow, but for a little time spent a few times a day collecting, and then some homework on coins, only helping me understand more how the whole system works, it isn't bad.  Now, take that out 3 years. If some of the big name predictions are correct, then my ~0.01BTC I have now will be worth ~$5000 USD!!  Without any effort on my part from today on. 

Add into that the profit you can make from ad revenue of running a faucet, and you really can pay your bills off of it.  It IS NOT easy, and it takes some very good luck and skills as a "Sales Person". But there are people who do it.  My suggestion, and that is all it is, would be to collect faucets if you have the time and patience. If you make some "free lunch", congrats.  If you don't, all you've lost is no more than the time we've all lost doing something useless every day (TV, Candy Crush, XBOX, Etc...). 

Remember:

Who Murphy is and his famous law http://www.urbandictionary.com/define.php?term=Murphy%27s%20Law (http://www.urbandictionary.com/define.php?term=Murphy%27s%20Law)
#CryptosHateYouToo
Just cause it worked for "jack", does not mean it will work for "john"
Go with your Gut

Most importantly never think you KNOW what is going to happen with Crypto, that is the time the universe will smack some sense back into you O_o

Cheers, and Good Luck
Glitch

Probably won't be a possibility even if you grow somehow a big and active ref list.

That doesn't mean you cannot try to earn some "free" money in your spare time.

I've made 2.44330293 BTC just off of freebitco.in alone in the last year, so I'd say yes it's absolutely possible. But definitely not easy.

It was possible way back when faucet claims can reach up to thousand satoshis, but now it's impossible unless you're really lucky especially in freebitco. You'd be better by trading or doing some signature campaigns. Fast and risky way is to gamble.

I think even in third world countries you couldn't really make a living with it. At least if you do it by yourself without referrals. And you won't enjoy much living in a tropical third world country, if you have to solve captchas the whole day ;D Besides, there are better badly paid programs in the web to earn money.

But I also don't think faucets are a complete waste of time. I agree to what has already been mentioned. If you get some referrals you can still make some coins, but it has become very difficult to get some. If Bitcoin keeps on growing like it did before, you could still end up having a few hundred bucks in your wallet a few years from now on. It is not like it never happened before.

in the past it actually possible. At this time faucets have higher payout, and purpose of faucet is: Giving users the very first bitcoin. Now things have changed, faucets are such waste of time and noone can make living off of faucets

One of major reason for Low reward is Adsense.In past almost all faucets using Adsense for maximum earning but now only few faucets left with active adsense.Because others already lost their account & some peoples don't know how to approve one.
So only choice is BTC network & popup or popunders.

1. Faucets are a medium to introduce newbies to bitcoins. You wouldn't be able to make a living out of claiming from faucets, the time spent is simply not worth the rewards. Even you will earn three times the amount you collect from faucets daily by doing simple microtasks which requires only basic skills and can be finished in a few minutes.

2. There are some good old faucets and if you are good at promoting your faucet referral links then yeah you can earn a passive income through faucets.

There are only 2 real ways to make what anyone would regard as "A living" off of bitcoin faucets. 1 is through referrals. Realize however, that you're basically getting other people to waste their time so you don't have to. Eventually they'll grow tired of it and move on to another faucet that pays slightly better. So spam your referral link everywhere you go in hopes that a few random people who haven't figured out that faucets are a waste of time. You can work a job you loathe for an hour and make more than what visiting faucets for a day can earn you.

The second way is to run your own faucet. Guaranteed page views, advertisers love that, but you have to be giving away enough bitcoin or have some gimmick that really makes people consider your faucet worth visiting over and over. Otherwise the ad revenue dries up, you have to front even more of your own money to fill the faucet, and you've stopped making a living. The worst part is, if you can't pay people who've earned any significant amount of satoshis from your faucet, you get listed as a scammer. Then you can't really try this again unless you're reaching a new audience that wasn't aware of your prior faucets.

In one sense you could do this. I'm not saying that you're going to start living next week off of faucets that is not possible. You would have to sit there all day long and do that and you probably would produce about $10 a day maybe more like $5 is probably a more accurate description. However right now Bitcoin is sitting in around $3000, think about when people used to use faucet to get Bitcoins. Back then they were collecting Bitcoin and only making probably 30 or 40 cents a day but that's when Bitcoin where at $60 per coin if they had continued to do that and hold on to those coins that wallet would have built up and up and up and up provided they were moving into an offline software wallet or something like that someplace safe doesn't matter where.

I've done the maths before, with the highest paying faucets and faucet games it's possible to make around $3 a day if you are on them for 17 hours, as 7 hours sleep is the optimum sleeping amount. I will say this is without fully taking advantage of reflinks.

You can't make a living of faucets even if you do a lot of them. It just wont give you a great amount of money per month I guess. If you like fauceting, do it for fun, but don't consume all of your time doing just it !

I think faucets should be for fun and for exploring this beautiful technology, but not at all for making a living.
Also I hear pretty much things about profitability for third world people. I don't think so. If somebody already landed in this forum and is reading and understanding what's said here, he would find pretty more profitable things to do around the internet than with faucets. (freelance for example)

Depends what your skill set is really, there aren't many places that will pay you anything just for clicking buttons. It isn't a life though really, but if the average wage in your country is really low then it could be an alright interim step. For instance the minimum wage of Bangladesh is $68 a month, with bitcoin faucets available you have to wonder who would take such jobs.

Well in my faucet players compete in a skill based browser MMO against each other and are rewarded according to their ranking. The best player made over 0.015 Bitcoin last week (check out the statistics yourself and have your mind blown by get amount the best players of all-time got) so I guess if the price keeps rising, the player keep hodling and is living in a cheap country it might be possible.

Doesn't chopcoin.io have a paid version of the game aswell though? Did they really earn 0.015btc just from normal faucet game?

This is too much IF.
But if you believe your 0.01btc will be worth 5000$ in few years why don't you take 30$ and buy 0.01btc and wait for them to grow?
Don't buy pizza and coke and buy bitcoins.
No effort at all? For 0.01btc you have to sit whole day for atleast a month or 2 and kill your self in solving captchas and closing bloody pop ads.

don't underestimate the power of faucets...if i had continuosly collected btc from freebitco.in since 2015 (as i was starting) i would have a fortune in btc now. i left it a couple of months later in 2015 because it was "little" money. well you see where btc went now? of course i should have bought btc when it was at 200 $ too lol. its ok at least i know about cryptos (most people don't) and have coins (some quantity very valuable). potentials are still huge

Fantastic. i know freebitco.in is the best one

Have you tried DrinkBTC.net (http://DrinkBTC.net)?

i just registered and i saw that you re the owner. thanks

You're welcome!