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Author Topic: Is running a faucet still profitable?  (Read 1920 times)
iv4n
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December 12, 2015, 02:47:37 AM
 #21

I am also interested in this, hopefuly someone experienced will answer.

I was thinking about making some online game in which you can win some satoshis each day (for rank or whatever)

Well this is what I would like to see, some nice game where u can earn bitcoins, some ranks and many more things that one game needs to have. When u make something like that, or even start to make pleas inform me I would like to play it and be involved in something like that.

I believe that faucets are here to stay, people will use it for sure. I dont have experience in making faucet, but for sure I have experience in claiming rewards from many of them. I can say that with nice site, and by that I mean good reward, not so offensive commercials, nice interface, other games, some important news... i believe people will come to see, u need to have something that will make people wish to stay and come back over and over again.

I wish u luck with this project, when u make it inform us here and I will gladly come and check your site. Regards.

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nichu
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December 12, 2015, 02:58:07 AM
 #22

it will be profitable ,if not there wont be any faucet .give away will be limited
b!z
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December 12, 2015, 03:24:21 AM
 #23

Why are people still running them then? Smiley
Amph
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December 12, 2015, 09:02:11 AM
 #24

Why are people still running them then? Smiley

for the same reason why there are someone that is still solving captcha with faucet, or simply because they think that someone will fall for some malicious banner

they could be affiliated with those banner
Nextgen
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December 12, 2015, 09:07:59 AM
 #25

Why are people still running them then? Smiley

for the same reason why there are someone that is still solving captcha with faucet, or simply because they think that someone will fall for some malicious banner

they could be affiliated with those banner
If we exclude the scamming faucet's then there are a lot amount newbies who are not known to bitcoin making/building strategies and are happy to collect them from faucets. Bitcoin's popularity in increasing day by day the good/reputed faucets never lose their views as they get replaced by the new one's.
It might be profitable if done and maintained properly.
Rinkashime
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December 12, 2015, 12:21:22 PM
 #26

you wont be going rich with a faucetbox faucet unless you invest btc in advertising or sell ebooks such bitcoinaliens.
tarsua
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December 12, 2015, 12:29:44 PM
 #27

Yes OP it can still be profitable, if you join high-paying ad networks such as adsense to your site and get listed in alot of good rotators such as ifaucet to generate alot of traffic, it also helps if a healthy amount of your visitors are from teir 1 countries such as USA, Canada and the UK
DavieT1337
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December 13, 2015, 07:42:40 AM
 #28

Yes OP it can still be profitable, if you join high-paying ad networks such as adsense to your site and get listed in alot of good rotators such as ifaucet to generate alot of traffic, it also helps if a healthy amount of your visitors are from teir 1 countries such as USA, Canada and the UK

tarsua you may have a little more informations about ? where to register ? Where you can get a cool faucet theme? and some stuff like that Smiley
That would be really great to hear about Smiley Thank you so far

regards
DavieT1337

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December 13, 2015, 05:07:58 PM
 #29

It can be profitable . but the compitation with older faucets will be so hard.
You will have to offer high rewards to attract visitors and and a good refferal percent to encourage people to promote for your faucet
cryptospout
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December 13, 2015, 07:41:45 PM
 #30

I've been running a faucet for sometime. Yes it can be profitable but you have to be very careful managing how much you give out and your expenses.  To put it short My faucet expenses per month usually run about $1,500 that's buying coins hosting ect. Most of the time the ad revenue covers this expense and leaves a little extra. Sometimes it does not I had 4 months this year where it was in the red. I've never paid for advertising or even created a banner getting traffic to a faucet to me was not difficult but it could be for new sites.  If you are going to run one do it right have a top level domain don't break your publisher terms of service because that's the easiest way of dropping any revenue from your faucet. Rewards have to be high enough to keep users interested but low enough to cover those few who spam the faucet all day every day.  I personally wrote a script that checks the bitcoin & altcoin prices to adjust with my set daily budget. Prior to that I was manually adjusting which required me to check in on the site 6 hours or so. I wouldn't suggest running only 1 coin as you will only get X amount of hits and most of them will be repeat traffic (not worth as much for must publishing networks). Stay away from popups they can be enticing because they usually offer a pretty high cpm but you end up losing your viewers.  Finally you have to be prepared for low CPM countries such as Russia, Ukraine, and Brazil being the main source of traffic.  Try to make the site easy enough for these countries either by directly translating or keeping the layout simple so they can easily navigate.
HarryKPeters
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December 13, 2015, 09:20:26 PM
 #31

If you use a basic script like 99% of the sites then no. Too many faucets has been dried up without even paying a single satoshi.
A unique design and custom made script with some neat features would give users more trust and thus attract advertisers.

LuckyYOU
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December 13, 2015, 09:54:54 PM
 #32

I don't think it is profitable any more. There are just too many faucets and a lot of them (not all) are scammy ones.
To make some money with bitcoin a gambling/game site are the way to go.

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December 14, 2015, 10:19:16 AM
 #33

Faucets are still profitable. Owners need to "work" on marketing and change the faucet payout daily to match the revenue. However, I believe there is a limited market for faucets and only a certain number of bitcoin faucets can survive long term.
ivanst776
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December 15, 2015, 09:19:01 PM
 #34

If you are a good manager then the success will come, the key is the advertisement and the faucet system/script itself to make it easier for the users to claim the reward.
klf
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December 16, 2015, 07:25:58 AM
 #35

Faucets are still profitable. Owners need to "work" on marketing and change the faucet payout daily to match the revenue. However, I believe there is a limited market for faucets and only a certain number of bitcoin faucets can survive long term.

Yes, only new people who come to bitcoin world than they may start with faucets until they know how to make more bitcoins with same time they spend on faucets. Only few faucets will survive for long term because most of the new sites will expect profits immediately instead of attracting people to their site with new features to spend more time on there site. If people spend more time than more more money for faucet owners.
newcoins1978
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December 16, 2015, 10:50:48 PM
 #36

I've had a faucet but i decided to kill it. It cost quite a lot and earning back with advertisements is very difficult.
Also the hosting bills kept stacking up, so I decided to pull to plug
mirana12345
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December 16, 2015, 11:56:54 PM
 #37

I've had a faucet but i decided to kill it. It cost quite a lot and earning back with advertisements is very difficult.
Also the hosting bills kept stacking up, so I decided to pull to plug

It doesn't surprise me at all. Faucets used to be "the thing" when bitcoin was in a bubble, and there were tons of people that were eager to try it out how
bitcoin is functioning w/o having to buy some. Now, that things have cooled down, and bitcoin is better explained on many places, the audience for
faucets is mostly made of faucet abusers, which obviously kills their point.
MaritiJames3
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December 17, 2015, 05:20:17 PM
 #38

You're going to need a lot of traffic to make some good money out of it. I've seen people do this and some have failed because of lack of traffic.
They have been spending more money on it then earning. It takes time and effort though to do this right.
amalref
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December 17, 2015, 05:36:37 PM
 #39

It could be if you have original idea and invest lot of time and resources in it before you actually get something from it. There is shitload of faucets atm and competition is huge.
You will need time,start money and good design+good domain.
Do not set reward lower than 800 satoshi,you will probably have few visitors.
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December 17, 2015, 05:51:10 PM
 #40

With some proper marketing and promotions you can even sell a shoes with holes in it.
Most faucets are just simple one's. No unique selling points. just set up with 1 goal (to earn). If they webmaster would think about a new model where the player can earn without getting overhrown with a lot of ads, see what will happen.
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