Bitcoin Forum

Hi,

I know crypto faucets have been around for a long time, but I never bothered to try any of them.

I recently noticed that some faucets still attract so much traffic, and it really got me curious whether using faucets daily is actually worth your time.

Please share your opinions about them, and your experience with them if you actually used it for some time.

Thanks in advance.

First of all, people thought they make money from faucets but not like that, in every 100% bitcoin you worked for by solving captcha, faucet take 80% or the lion share while you take 20% or a very small share part of it. Millions of people are solving captcha for faucets, and making (faucets) them having money.

I have tried faucets before, all the highest rewards I was paid per hour in the three I tried were 0.00000022 btc which was not actually a good payment.

If this amount can be paid into wallet, it is even another problem until you consolidate the many input amount into one address because the reward is so small.

Imo, faucets are not for making bitcoin again, they are just waste of time.

I noticed one thing about faucets now, they also have gambling sites, you can easily think the bitcoin is small let me gamble with it, it is easy to lose in gambling and you work 100% for them without no any reward after losing to gambling.

I think some people still do. But the huge majority of those who are still using faucets until now are probably either newbies who are excited to get hold of their first Satoshis for free or gamblers who are killing time while enjoying games on bets coming from faucets. I belong to the latter.

The longer you are with Bitcoin, the more you realize that spending time and effort gathering Satoshis through faucets, waiting for them to cool down before claiming once again, and so on is just a waste of everything.

But don't get me wrong, faucets are a good way to attract new Bitcoin fans, although they should know better than using it for the sake of accumulating Bitcoin. Faucets are giving away too small fractions of a Bitcoin.

Nope. I'd honestly just work grueling jobs at fastfood chains like McDonalds rather than spend hours and hours on end collecting faucets. Faucets should just be used by beginners to get access to a small amount of bitcoin to play with, and not for monetary reasons. Almost every other moneymaking method(besides the unethical ones) are miles better than collecting faucets.

Faucets is still attract people especially newbie on cryptocurrency, because you can earn some satoshi by just solve captcha or watch AD and it's FREE. You can also visit Micro Earnings (https://bitcointalk.org/index.php?board=212.0) boards to look how many users still using faucet to get free coins.

Honestly faucet only wasting time, 50-100 satoshi/hours isn't worth. Let's say you have claim all the faucet for 1 month, you only get 50-100*24*30 = 36000 - 72000 satoshi (worth $4 - $8). So, actually you have work full time for 1 month only get payed for $8. It's better if you find a job in real life or become freelancer, you will get more money than doing faucet.

I used them back when I was new in crypto, recently checked my blockchain.info wallet and had collected about $30 (at current rate). I did those faucets in 2015. Imo they are not worth your time, they are tedious and give pennies, you could be using that time elsewhere.

I consider myself as a very lucky person who was able to make the 200$ biggest faucet win by rolling 10000 on freebitco.in, again this was not what happened to every other user so it is a matter of luck and not that you can roll every hour and get paid like anything.

Read about it here - Got 200$ from Freebitcoin today morning, call that a BIG WIN (https://bitcointalk.org/index.php?topic=1650605)

Freebitco.in is the one still running strong even in this era.

If it was so easy then people would be churning faucets all day and not looking for jobs. Nowadays with the price in the 5digit market average dispensed amount from faucets is not even comparable to dust. Most of them are thus a waste of time if you ask me.

You never know when all the time your invested in growing your faucet level on a specific site might end up zero because the site decided to shut down. ::)

People are still using faucets but not for money, right now most of the people who use them go for testnet faucets. They help a lot with testing services like casinos or exchanges. Faucets for real coins are only a waste of time. Or they are business only for the users who know how to bypass the captchas.

Faucet mostly are useless and only greedy & lazy guys try to earn a few cent of income from faucet.

I don't offense people who are newbies and curious what is faucet and try clicking to earn a few rounds of faucets, but if they think of faucet as a way to get income, significant and stable income, they are wasting their precious time.

The forum can bring more things than faucet to people. If you are ready to learn, there are many legends will help you to move up. In middle of your journey, believe me you will be able to get good income and it will increase over time simultaneously with your knowledge growth.

Learn > Practice > Grow up/ Rank up > Get income

See some of successful guys' stories and keep moving upwards: Inspirational stories from self-made promoted users (https://bitcointalk.org/index.php?topic=5100307.0)

Regarding to faucets, the most interesting helpful features are for getting experience on testnet - testnet faucets are valuable things for newbies to learn without any loses from mistakes. You can get a list of Bitcoin testnet's faucet from the thread Bitcoin Testnet. Activate, experience it, but don't trade and get scammed. (https://bitcointalk.org/index.php?topic=5215716.0)

There is a site the gives testnet faucet for multiple altcoins: https://testnet.help/en/dashfaucet/testnet

How have you noticed they attract a lot of traffic?

I think they only attract people who start and are curious but don't want to spend money buying.

Faucets are a complete waste of time.I know that some people were using Faucet bots that are automating clicking and captcha solving on multiple faucets and the bot is running 24/7,but it's still not worth it.
The most popular faucet bot is Faucet Collecor,but AFAIK,you will need 2captcha credits to run that bot.
Faucets were attracting big traffic 5-6 years ago.Now most of them are slowly dying.

To be honest
From faucet sites only the admin of the Faucet sites gets profit.
They get money for visits to the site and also for the CAPTCHA that a user filled to get faucet.
From the past i haven't heard anyone winning a big amount from faucet.
So it's just waste of time.
Rather if we will utilise that time into something productive then we will surely get some pennys.

Faucets are nothing but waste of time. Success of faucet comes from time where faucets paid people less money but the price of bitcoin boomed so much that it looked as if faucets are actually rewarding. Moreover it's popularity primarily comes from bloggers and youtuber who I don't know why keep it on the top of list of "ways of earning bitcoin". Faucets are just great for the advertisers and middle men you will just be paid peanuts. I would instead try to learn some skill and sell it in the time it takes you to do faucets.

There might be some that are, but I assume a lot of them are useless; not even necessarily because of how small the rewards are, but because Bitcoin fees are a lot higher these days than back when they were plausible. I could easily see fees (because you have to consolidate the inputs somehow) eating up most if not all of what you've earned in a day.

Most of the traffic probably come from newbies who just want a taste, or people who literally have nothing else to do that they may as well earn a couple (maybe even literally a couple lmao) of dollars. It's not worthwhile for a vast majority of the population.

I tried some faucets a few years ago, was already bad back then. I think it could be a start for some newbies to get into crypto but seriously, what are you gonna do with 500 Satoshi which you need weeks to accumulate? There never was free money and will never be but as a point of entry or something simply for the sake of checking it out once I would endorse it. Eventually you won´t get rich and you will need to either trade fiat for BTC or work for it in some capacity

do calculations:

200 satoshi every 1 hour X 24 hours = 4800 satoshi per day

4800 satoshi per day X 30 days = 144000 satoshi = $ 16 per month

how much does your PC spend on electricity per month?

will you get to claim satoshi every day?

Faucet was never a good source of income in short-term, but can be a way to get some sats for future speculation. When bitcoin just worth $1k, faucet can give you 0.001, and then decrease following the price of bitcoin. So yeah, it was always 'cheap'.

Maybe those do that are using some bots, and not manually doing it as it will waste a lot of your time.

I think they are the first thing newbies are interested in, in order to get at least a couple of satoshis and feel their connection with the world of crypto.

Personally, I don't see any point in them, because what the user will receive doesn't correspond at all to the time spent on it.

Even at current prices the faucets that I tried in 2013 were not worth it.

Payout is just too low, even if you can automate hundreds of them. Remember, the website needs to earn more from ads than they give you.

Many people getting attracted with the use of these faucets because the word free earning some of them want to make a huge of profit with the use of this some of the people right now are getting encouraged with the use of the bitcoin and other coins because of that many people want to have this and wait for the market price of the coin brings up and gives them a huge amount of money.

Still, it's better to find a job than wasting your time here because even you go with 24 hours trying to earning with this it's a small amount only but the end of the day the faucet websites are the one who gets a huge amount of money and they are just giving a small amount of money to the users that dreaming they can earn a large amount too. I'm not saying this is bad to be practical only.

I used a faucet to test the wallet in my Bitcoin node when I first set it up. This was useful for me, but, as others have said, if you want to earn a few Satoshi for investment or income, there are a lot of better options. I used the BitBlocks faucet for a while to evaluate that coin, but it hasn't done much, and I doubt if the coins I got are worth more than a penny.

When I first came into the cryptocurrency space, that's one of the first things that I have tried to earn Bitcoin. Everywhere, I see ads on this BTC faucet and whatnot, but at the end of the day, it's not worth it. Having seen so many threads about it here in the forum, it made me stay away from that type of earning. With your question about "if it's worth your time," it isn't.

I have seen different websites as well those viewing ads, and you would be rewarded, it's not worth, IMO, either. Unless you would invest in it too and maybe get an ROI. But it's not guaranteed. With the Captcha typers also, it's not worth the time as well.

I understand why you said it still attract more people. Well, that's because these people only knew Bitcoin has value and nothing more, no matter how small of a fraction a Btc a faucet will give, they've always though they're making a profit (base on my experience with several people in the social media.)
There is no other word a faucet could be explain in one sentence, but it's a totally "waste of time" lol.

I have stopped using these faucets since I joined this forum and started working on signature campaigns because they are more profitable and the signature campaigns cannot be compared to these faucets. I previously worked in the free bitcoin site and the withdrawal limit from the site is 30 thousand satoshi

I still use the faucet to get free coins, although the reward is reduced a lot, and I know that might not worth your time. But still, I like to play the faucet from freebitco.in, and I don't try to multiply the amount of satoshi that I got. When you play on the freebitco.in, if you can get a minimal amount to get another reward, that will be additional rewards for you to earn more satoshi. But I only use the faucet for playing in my free time, and I consider that it is not a problem for me to earn a small reward because I don't chase bigger money from the faucet, and I know that the rewards are too small.

A large percentage of users of this forum have certainly encountered faucet in their beginnings of interest in cryptocurrencies, which is quite natural. Faucets were created as an idea to promote Bitcoin, so one faucet gave as much as 5 BTC for one claim - if you don't believe it, we saved it for history -> http://web.archive.org/web/20100703032414/http://freebitcoins.appspot.com/

But from a fiat value perspective, faucets always paid little to their customers, but the values changed with the price increase - so 5 years ago it was normal for a claim to be between 1000 and 10 000 satoshi (no short links) and it was possible daily for 2-3 hours to collect a few hundred thousand satoshi or even a lot more with referrals. Although there are thousands of faucets even today, not only are the amounts they pay miserable, but the process itself is extremely difficult because most faucets have very awkward short links that can be a real nightmare.

Faucets can be profitable for owners in some cases, but the average user may benefit if he keeps what he has collected for several years - similar to what has happened in the past - the price of BTC was jump from $200 to $20 000 in 3 years.

The last time I used faucets was way back 2016, in those years I only got a little amount where I managed to gather 1 dollar for a week of nonstop working every day on multiple faucets. Yes! you heard me right man, after a week of working. from clicking those and playing that, all I got was 1 buck. After that, I never tried to do that again never. Considering it was 4 years ago and I only go that little amount back then, what more today? how will you manage to get that today because no matter how hard you work with faucets, the amount they pay you is not even enough to cover your sweats.

Until whenever faucets are very interested by many people, especially newbies who are still hesitant to make a deposit.
But it's very rare for faucets to circulate, even though there are faucets like in freebitcoin, but the rewards are very small
and not worth doing. Usually faucets are only to attract users to visit their website.

Actually I have also tried faucet. However, I am not very patient to do it and imagine the amount obtained.
Maybe for beginners, faucets become one of the easy things to do to get BTC or other coins. However, the results are indeed very small. So it must be more patient, patient, and also try hard to collect faucet for the faucet.

This is very striking, but this is the reality. That is why I personally will prefer to airdrops than faucets although I also do not do that airdrop. But seeing from some of my friends, they also get good payment from airdrops with top coins as a reward.

Well that's where I got my first bitcoin lol, who would have not be attracted to this ( for beginners ) I mean this is what most of the people want FREE MONEY haha I remember the days where I spend about 4 hours just to solve a captcha for a decent reward, about $5 to $8.

Don't get me wrong, there was a time where faucets are giving a high reward, and I guess it also depends on the faucet that you are using and the work they they are offering, as for example they are giving less if you would just solve captcha and reentering numbers that's where they are paying less unlike when you are watching an advertisement, or liking a post. When you compare it by now, things are far worsen for faucets especially when bitcoin rose up high, they made the path narrower to get free coins  :'(  but still newbies can try if they want to.

I know some people who still use faucet but only a particular site which is freebitco.in .
I ask one of my friend why he is still using a faucet up to now and he told me that it wouldn't hurt visiting it a few times a day and he is aiming to win through it's weekly lottery draw.

Hello to all. Yes, nowadays a lot of people use cranes. Of course, this is a very meager price, and, in part, I agree with the statement that this is a waste of time - but only in part. There is a whole system working here - there is no point in going through one or two taps, but it makes sense that it is this scanty money that you can use when paying for any transaction or cheap service. It is cheaper to collect on faucets here than to buy a small amount of cryptocurrency on the exchange - you will lose more on the exchange. There are a lot of cranes now, - in my opinion, if you use at least 20 of them, it will be much more fun. A huge plus is that when collecting from the taps, you are always in the informational cryptocurrency space - you will definitely come across something that will bring very good money. Of course, those who collect from the taps are real cryptocurrency fans. In the beginning, I also did not see any benefit in working with cranes, but now, I am absolutely convinced of the need for such petty and monotonous work.

As part of a team that runs a faucet, I can tell you that they are indeed used a lot to this day.

As for whether or not they are worthwhile depends on what your definition of worthwhile is. Some of the top claimers have received over $100 in payments when using the website legitimately but this can take a while, say a month.

Faucet abuse is rampant though, many people like to cheat faucets for free money which is often a bad idea since it wastes everyone's time.

If you have any questions from the inside I'll try to check back and answer here.

Short answer:

Faucets are a waste of time , but if you do have all the time in the world you can try .

You will actually spend like the whole day on them and earn minimal for watching number of adds , or playing some games , or maybe doing something else that the site requires .

I do think you should understand that , faucets won't earn you much and you can very easily use other things to earn much more money online .

_*_

Still I would leave this here for your convenience:-


https://i.ibb.co/WDKYLn3/Screenshot-20200803-212024.png (https://ibb.co/9wYC7nv)

Okay , I tried this and trust me all I was able to do was to earn 0.02$ for using 15-30 min of my time.

Plus , it did ask for my email address which is not at all good, they will probably sell this information or send a lot of junk mails. But other than that the site is really engaging and have a lot of things that you can try .

[ Most important thing is *Time is an investment, use it wisely* , don't fall for these things ]

Faucets have been a waste of time for a long time, however I can understand why newbies keep trying them, the idea of free bitcoin is too alluring but if they keep using faucets long enough they will realize the waste of time it is, the time when you could obtain enough bitcoin in order to justify the work is long gone, for example if you tried faucets when bitcoin was below 1k then you could have obtained a lot more bitcoin from faucets than what you get now and when you add how bitcoin has grown in value you could have considered your time invested in faucets as a long term investment, but the amount given by faucets is so low and the price of bitcoin so high already that it is not worth your time anymore.

I wouldn't say it is worth your time. Faucets pay dusts. You will only be collecting dust and then you won't even be able to use it since the fee is going to be much high than what you have accumulated. Or you can get some large amount of referrals and enjoy some passive earnings.
I would recommend you to spend your time doing something else rather than collected few satoshies.

Faucets has been replaced with bounties in the form of social media campaign, signature campaigns and their likes. Anybody that knows the value of his time would abstain from engaging in them. Although the bouties reward has been reduced to peanuts die to bear market and other factors, they're still far better then wasting your time claiming what'll take you forever to claim enough that would be worth your expenses before thinking of profiting.

Asking if people still do them, obviously yes. Assuming there was no patronize, it would had gone out of existence due to lack of business. We still have those that either due to ignorance or absolute poverty would do anything that can give them hope.

I think it's not profitable, it would consume a lot of time claiming in a faucet and in the end you wouldn't even earn a good amount of profit in it.

For me, it is just a waste of time and I think you should just stick in a real investment like investing in bitcoin or trading some altcoins in the market. It might be more profitable and recommended by all of the traders out there.

If you want to waste your time then Faucets is the best way :) I know so many people use faucets.Maybe they are new to crypto industry that's why they use it. Back in 2016 I tried to earn faucets but finally understand that need lot of months to earn few bucks and left. I can that faucets is 100% waste of time.

Obviously, for a person that lurking in the crypto-world for a long-time, doing faucets is not on their list. Since they already gained knowledge about some ways to earn BTC that worth their time, they realized that doing faucets is totally a waste of time.

But it's not wrong if there are crypto-newbies that want to try it just to test the waters on how to earn few satoshis since, after all, some newbies don't have a choice. Even if I say, faucets are a waste of time, there are newbie mindsets telling them they need to try it so I will just allow them to feel how doing faucets works. That's the time now they will realize if they are actually wasting their time doing faucets and that will lead them to explore other things to earn.

I will say "NO" to faucet anyday you ask. You can't make 1$ per day in most of the websites. They takes all the profit. I used to do it while I was newbie in this bitcoin world back in 2017. Now, I realize how much time I have wasted their without getting anything back. So, I will suggest you to stay away from those if you know the value of your time. Good luck.

I am very happy with free coins, therefore if there are websites that provide faucets I am interested in visiting them.
Although the results of the faucets are very small and only waste our time, it still seems faucets interesting to me.
Unfortunately nowadays there are very few websites that provide faucets, because the price of Bitcoin is getting more
expensive websites that used to provide faucets must be closed.