Bitcoin Forum

Hi, I just want to know how much are needed to run a faucet for 1 week with average about 1000 satoshi / 1 hour

if you want to say total amount 1000 satoshi/hour
then it should be something like this
1000*24*7=168000 satoshi = 0.00168 BTC

or if it was 1000 satoshi/hour per visitors then it will depends on how much your faucet is popular and how much users it get everyday

Ifs it's a total of 1000/h then you do the math.. 1week=168h so 168x1000=168k sats.

But i guess you can't predict how much visitors you'll get so that's hard to tell

You can't say until you see it running for some time.

You can put more than you know you will, then refine results with time, or let the payouts be made manually until you fing yoru answer

1000 satoshi an hour? That rate is a bit too high to be sustainable for a new faucet IMO, as you won't be able to sell your ad spaces at a good price in the beginning.

Are faucets economic at all?
I was under the impression that ad rates have plummeted to the point that faucet campaigns are pretty much unviable now?

Not sure about those smaller and less popular faucets, but for those popular ones, they are definitely generating a nice ad revenue from traffic.
For example, freebitco.in is paying on average over 5000 satoshi every time you claim it, but the site is still able to run without problem.

I had to spend about 0.01 for one week.
Yeah :/ it's that bad

If you do have a faucet I would make sure it can cover it if worried about running out that is bad.   You will loose people if you run out.   

It would be about 168K satoshi, although you might end up paying out more. I would suggest that you get advertisers first.

Considering that you also need to pay for webhosting, ddos protection, etc. You would probably need at least 0.1BTC per week. If your website gets added to a faucet rotator, be prepared to spend twice or thrice more.

There are definitely going to be more costs than the faucet giveaways themselves.

Even that number is going to heavily vary based on the traffic.

For you to accurately come up with the total cost you need to spend per week, you also need to estimate how many clicks from visitors you are getting per hour. You will then need to consider your overall expenditure like hosting, domain renewal and from there only can you determine whether amount you are getting from advertiser is worth it and whether it will end up profit or loss.

Advertisers nowadays pay by per impression rather than per click which I think is better since viewers nowadays are pretty immune to ads. It will be difficult in the early stage and I don't know how you can sustain that but I would suggest you put a cap on the amount of satoshi awarded per day or raise the minimum payout amount to higher level.

I think faucets like freebitco.in need up to .1BTC per week!

Maybe you just budget 0.00168*100 = 0.168 btc for now?

You'd have to consider that it won't get a lot of people right away.

But I suggest lowering your rates. Maybe 500 an hour could be better?

That bad? You can make way more back from adiversments after you will become known.

yes, if the faucet with big traffic like freebitco
but for new faucet, i think 0.01-0.015 BTC is enough

I would say around 0.05 for a week.

1000 sat per hour seems a bit too high.
if you have 500 active visitors solving a captcha every 2 hours for 1000 sat each time ull  need upto 0.4 btc for a week.

For 1000 Satoshi per hour you'll actually need 0.3 - 0.4 BTC
at 150 per hour it's already about 0.05 per week..

faucets like moonbit.co.in and faucet.bitcoinzebra.com is paying more than 3BTC/week.. it all depende on your visitors

Average visitors for my faucet is 2000 :(
meaning 20x of that

yes
it should be 3.36BTC as per your given info
 it all depends on your hourly payout and total number of users
but it is always less then this because no user is able to claim their rewards from faucets for complete 24 hours