Running a faucet - is it worth it right now?

[razor5cl]

So I've been visiting faucets for a while now as well as reading up on the types of investment you can do with/involving bitcoin, and a commonly suggested idea is to run your own faucet - get a cheap domain name, grab a script off of FaucetBOX, and away you go. I'm not going to lie - this type of project does sound interesting to me, as I think learning the various aspects of running a faucet would be a fun sideline - not to mention the idea of making some money. However, in this day and age, where we've got thousands and thousands of the damn things, is it really worth the time and money investment? Is it too much work getting a sufficient amount of traffic to your site, with the countless other competitor sites that already have people visiting them?

Furthermore, as an additional question, what sort of initial investment do you need to actually pay out to people? Hosting fees, domain name rental, FaucetBOX fees etc etc are easy to work out the extent of, but I haven't been able to find out how much money people put aside for funding the faucet itself.

[TastyChillySauce00]

it's worth right now if the reward were claimed each claim not so big,as long the earning from advertisement could gives you profit it'll be fine,be sure to refill your faucet every time the balance were running out,but the main thing,be sure to use cheap domain such as .xyz and cheap hosting but pretty decent,people don't give a shit about domain names or template as long it's paying
is it really worth the time and money investment?
to build a faucet which using faucetbox's script,it'll took only a little time to install and the script is free,so worth it

Is it too much work getting a sufficient amount of traffic to your site, with the countless other competitor sites that already have people visiting them?
this one doesn't matter,faucet hunters keep hunting site which pay and giving pretty big reward,they'll come to you no matter what if they think it's worth it

[isen]

I think this thread belongs here https://bitcointalk.org/index.php?board=212.0
It is very hard for a faucet to survive these days,if you decide to create one you will face many obstacles such bot attacks,low paying ad networks,bitcoin continuing price increace and many more.But even if you are able to overcome all these don't expect significant earnings,at least for the first month you will have to cover the costs from your own pocket.

[razor5cl]

I think this thread belongs here https://bitcointalk.org/index.php?board=212.0
It very hard for a faucet to survive these days,if you decide to create one you will face many obstacles such bot attacks,low paying ad networks,bitcoin continuing price increace and many more.But even if you are able to overcome all these don't expect significant earnings,at least for the first month you will have to cover the costs from your own pocket.

Thanks for the advice. I've been doing some reading in the section you posted, especially this thread: https://bitcointalk.org/index.php?topic=1556676.0

It seems pretty clear that a lot of faucets make a loss, or barely break even. I think I'll have to look elsewhere, as the general impression I've gotten from the forum is that in recent times FaucetBOX faucets tend to die off rather soon. I'd rather not throw money into a pit endlessly hoping for a profit. It seems like bots are really eating away faucet funds and I don't really have a huge amount of money to throw into funding this sort of thing.

Seems my question has been answered - for the amount of time and money I have, it's not worth it. I guess I'll have to look elsewhere? Signature campaign maybe(after a period of work on leveling my account)?

[bapparabi]

user point of view yes its worth if the reward is good ..but for faucet owner if they don't have any strong advertisement network approved add then problem because now adsense is disapproving faucet

[MaritiJames3]

user point of view yes its worth if the reward is good ..but for faucet owner if they don't have any strong advertisement network approved add then problem because now adsense is disapproving faucet

For users there is not much to it, since it cost nothing but time. As a webmaster you have to think about
- Hackers
- Advertisors
- Promoting your faucet
- More things

I don't think the average person will get much out of it.

[LTU_btc]

It looks like you want to get earnings from your own faucet. It's very hard to get profit from faucet. For many owners it's hard to not lose money with faucet. If you have some money to invest, you may try trading.

[Doamader]

The thing is you wanna a great alexa rank, that means a good income, those will take several time to achieve and you must sacrifice your pocket till the community start to support you, usually big rewards brings several hackers and bots in a row, soo it worths make a faucet as long you can manage it and make profit with it, at the begining most faucets owners sustain the faucet with their pocket, just after something like 2-4 months they will be able to start proof,and cover the loss.

[samcoin]

It is not a good idea now , because the people interest in Bitcoin faucets has been reduced , whereas many Bitcoin earning methods appeared newly , and I think this forum has a big role in reducing faucets visits , look at how many members join daily , they join because this forum offers a lot of ways to get Bitcoin , like signature campaigns , twitter campaigns , small tasks .... , and sure this methods is better than claiming faucet for 1000 satoshi .

[krishnapramod]

It is not a good idea now , because the people interest in Bitcoin faucets has been reduced , whereas many Bitcoin earning methods appeared newly , and I think this forum has a big role in reducing faucets visits , look at how many members join daily , they join because this forum offers a lot of ways to get Bitcoin , like signature campaigns , twitter campaigns , small tasks .... , and sure this methods is better than claiming faucet for 1000 satoshi .

Yeah, like the OP mentioned people have lost interest in faucets. They are looking for something new, like a hybrid faucet with games or some other features. I do not think faucets would be out of business in the near future, but the working model of a faucet is not profitable anymore basically taking into consideration, bot abuse and adsense ban.

In simple words, you are giving away dust and what do you expect in return, dust only. As far as earning satoshis online is concerned, faucets are in the bottom. If you want to start a bitcoin-oriented site then start a gaming site (not gambling) with unique features. They last longer than faucets.

As far as cost of starting a faucet is concerned, I think $50 would be enough for domain, hosting, faucetbox deposit, and running your faucet for a couple of days (based on the reward), this is initial funding, but you would have to spend a lot of bucks to keep your faucet running smoothly. Good luck.

[isen]

Thanks for the advice. I've been doing some reading in the section you posted, especially this thread: https://bitcointalk.org/index.php?topic=1556676.0

It seems pretty clear that a lot of faucets make a loss, or barely break even. I think I'll have to look elsewhere, as the general impression I've gotten from the forum is that in recent times FaucetBOX faucets tend to die off rather soon. I'd rather not throw money into a pit endlessly hoping for a profit. It seems like bots are really eating away faucet funds and I don't really have a huge amount of money to throw into funding this sort of thing.

Seems my question has been answered - for the amount of time and money I have, it's not worth it. I guess I'll have to look elsewhere? Signature campaign maybe(after a period of work on leveling my account)?

I was thinking to create a faucet too but i abandoned the idea for the same reasons,the last thing i wanted to do was to give free money to bot scammers.I'm sure that there are people who are able to create a successful faucet even now but i am not one of them.
Yes signature campaign is a much better option it will not make you rich but you will earn a decent amount of money very easy.Also you don't have to wait untill you become senior or full member to join there are some campaigns that accept newbies as well check this thread for more details https://bitcointalk.org/index.php?topic=615953.0

[torbente]

I think +100$ is the starting ammount.

You need pay hosting for a long time (1 year for excample) to save some money, which could be very usefull in the first weeks.
You need have active accounts in the advertisement companys you will use.
You need experience: im running my third faucet: first 2 gave me some profit (with adsense) but the last one, after 2 months, lost around 50k satoshis everyday (adsense banned my account when i launched it)
You need patience.
You need php/JS/SQL knoweledgement: creating your own script will help you figth against bots.
You need time: actually, i spent around 2 hours daily to improve my faucet.

If you want more info, or you have any good idea, i could help you, just PM me.

Good luck.

[alfaboy23]

OP, why don't you try establishing a useful blogs, like for example a technology blog, or food blog, or sports or something that might interest viewers and visitors of your site, and then just integrate a faucet on your blog as a reward for visiting your site? Instead of making a pure faucet which is technically not profitable anymore.

[Daneric]

I have seen many faucets come up and many of them collapsing after a very short time. I have just been doing a small research on the same and realized that you need two things for a faucet to survive;1. Enough bitcoins to keep the faucet going and 2. Enough traffic to keep the faucet running. If you can drive traffic to your faucet, then you should also have enough bitcoin in your wallet to serve the traffic. Once people realize that your faucet runs out of bitcoins frequently, they will never come back and that is how you will lose the traffic. If you have a steady flow of traffic, you will earn good returns from ads on your site. 

[donaldbitcoin]

if you have enough funds, buy your faucet script from here :
http://amazingfreebitcoin.com/mb-script.php

it's costly, but you can ask for %40 discount.

these scripts are most secured, you can watch every member on your site.

here is real example, i found yesterday 182 accounts are bots :



here is list of users :


and here you can find random (one) of these users was stuck on Multi-Captcha page :


DonaldCoin.com now has 90,266 registered users, and creating only 2 multi-accounts or bots can be found easily.

If you can't buy that script because of high price, just try to add Multi-Captcha on your site, i confirm it's most effective against bots.

advanced anti-bots tools will help your site to survive more.

[Daneric]

if you have enough funds, buy your faucet script from here :
http://amazingfreebitcoin.com/mb-script.php

it's costly, but you can ask for %40 discount.

these scripts are most secured, you can watch every member on your site.

here is real example, i found yesterday 182 accounts are bots :



here is list of users :


and here you can find random (one) of these users was stuck on Multi-Captcha page :


DonaldCoin.com now has 90,266 registered users, and creating only 2 multi-accounts or bots can be found easily.

If you can't buy that script because of high price, just try to add Multi-Captcha on your site, i confirm it's most effective against bots.

advanced anti-bots tools will help your site to survive more.

That is an exorbitant fee for a script. What are the returns after purchasing them? I would love to know so that I also make a decision to purchase them or not.

[donaldbitcoin]

2 or 3 btc is nothing for long business site.

if you want to start with small site, i suggest you only add Multi-Captcha on your free script, and i confirm it's enough to stop most bots.

[ONLYfree]

And this is my offer who are inetresting to start a faucet :

https://bitcointalk.org/index.php?topic=1546491.0

[Posum578]

Yes it is still worth it
Many new bitcoin user still use faucet, so faucet site will get high visitor. You can get paid by advertiser from putting their adverdtisement in your faucet

[Supercrypt]

Running a faucet as a owner is really worth but yes as above user said you need a good advertisement source to monetize your faucets as well and the best advertisement site for that is google adsense.
So, if you make a faucet then make it for google adsense. I mean follow the google adsense policies.

Most faucets have no contents. They are just faucet script with so many shit ads. Google will never accept these type of sites. You need to add content to your faucets and need a custom faucet script too. This will surely need more investment and time but you'll recover all your money in few months or so with google adsense. But without google adsense I don't think a faucet could run profitably.