Running a faucet - is it worth it right now?

[razor5cl]

Thanks for the advice all 

It seems to me that, on the whole, running a faucet doesn't seem to be worth the trouble for me. Even though as a student on summer holidays I have a reasonable amount of spare time, I don't really have the will, time, inclination and most importantly money to invest into setting up and running a faucet that will make money. I could probably get a barely working faucet up and running, but anything beyond that(ie, actually making a profit) would be too much hassle and above all not really enjoyable for me.

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

Signature campaigns seems to be "where it's at" for me. Although the two campaigns that are currently accepting Newbies, 777Coin and Bitvest, both are shown as "the campaign is currently having some trouble. Joining is not recommend." I've also heard that 777Coin at least has a long time you have to wait to be registered. Besides, I'd rather wait two weeks and grow my account to a Jr Member, so I can have a better shot on another signature campaign. But as a general idea this seems to be a better, more secure option.

Once again, thanks to everyone in this thread, you've all been very helpful.

[crairezx20]

I think its still worth it.. and its depends also to your traffic.. if you have a low traffic expect of low earnings and you can not afford to lose..
Also you will experience of losing first in the first time before you can make a good profit in the future.

[isen]

Signature campaigns seems to be "where it's at" for me. Although the two campaigns that are currently accepting Newbies, 777Coin and Bitvest, both are shown as "the campaign is currently having some trouble. Joining is not recommend." I've also heard that 777Coin at least has a long time you have to wait to be registered. Besides, I'd rather wait two weeks and grow my account to a Jr Member, so I can have a better shot on another signature campaign. But as a general idea this seems to be a better, more secure option.

Once again, thanks to everyone in this thread, you've all been very helpful.

Maybe that thread is not updated but 777Coin and Bitvest signature campaigns don't have troubles anymore,a new manager is running them and he is one of the most trusted people for this job in this forum.

[torbente]

Most trafic in faucets are from Russia and Ukrania, and those users are (mostly) "faucet hunters": it minds, they dont care for the page, they just want "claim and go"; around 40% of total traffic in my faucet are from this countrys, but they just generate the 6% of ads income. Pageviews from this countrys are less than 3, and from other countrys is almost 5. Not to mention that many (if not all) bot and hack attacks comes from there. Maybe banning this countrys could make a faucet profitable without adsense.

[CroSany]

Yea running site which is using faucet can be profitable but it is best to run faucet site which will use bitcoin because bitcoin is the most bpopular currency in whole world and spaceship.

[HatakeKakashi]

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.

No! A simple word, "NO!" Faucet is not worth the effort. You buy a domain, spend days designing it, waste all your money on its security and bankroll and try to advertise it. In 2 months, you make a successful faucet. You get 10 users. They get 500satoshi every 10 minutes. They claim 5 times. They  get bored and leave. Your site is dropped and lost. You cry. Your efforts are in vain. ~ Story of me, a faucet owner

[torbente]

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.

No! A simple word, "NO!" Faucet is not worth the effort. You buy a domain, spend days designing it, waste all your money on its security and bankroll and try to advertise it. In 2 months, you make a successful faucet. You get 10 users. They get 500satoshi every 10 minutes. They claim 5 times. They  get bored and leave. Your site is dropped and lost. You cry. Your efforts are in vain. ~ Story of me, a faucet owner

Thats the reason to keep a faucet "live", new content some times, not just the plain "faucet in a box" where only will return the faucet hunters.
Yes, faucets traffic is extremely low quality, but, HEY, they are traffic anyway. It is faucet owner ability to monetize that traffic. The free satoshis must not be the main reason for the page, just only a bonus.

[TastyChillySauce00]

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.

No! A simple word, "NO!" Faucet is not worth the effort. You buy a domain, spend days designing it, waste all your money on its security and bankroll and try to advertise it. In 2 months, you make a successful faucet. You get 10 users. They get 500satoshi every 10 minutes. They claim 5 times. They  get bored and leave. Your site is dropped and lost. You cry. Your efforts are in vain. ~ Story of me, a faucet owner

cheap domain is enough how about $1 .xyz extension domain? does it really matter to your wallet?

spend days designing it
OP stated that he's using faucetbox script and it'd took only 15 minutes to set up for an expert
waste all your money on its security
if u're using faucetbox script,you have anything to do with security
You get 10 users. They get 500satoshi every 10 minutes. They claim 5 times. They  get bored and leave
after some of them leave,new faucet hunters will be comin' as long the site keep paying,that's how the cycle

[krishna1]

Now a days If you want to Run your Own Faucet You have to Face many Problems like Bot attacks, Malware and Users who are using ad blocking softwares. The profability of a Faucet depends upon the ads placed on the Faucet because if the ad networks don't pay much then you are in lose and your Faucet Needs a High and Quality traffic to Get much earnings to Cover your expenses and to Earn a Profit From the Faucet...

[torbente]

Now a days If you want to Run your Own Faucet You have to Face many Problems like Bot attacks, Malware and Users who are using ad blocking softwares. The profability of a Faucet depends upon the ads placed on the Faucet because if the ad networks don't pay much then you are in lose and your Faucet Needs a High and Quality traffic to Get much earnings to Cover your expenses and to Earn a Profit From the Faucet...

As a faucet owner, you can block access to adblock users (why not block them if they block you?) Actually, i think add networks do not have troubles if you dont want those people in your page.
Using a custom script and if you have php knoweledge bots are not a real menace. The key is quality traffic a keep paying ALWAYS so you dont lose users.

[hoop]

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.

Agree with all above.

[Spl0it]

Personally, i use Pubovore that a french ad network. They offer a 0.15$ CPM at start... The only problem : PayPal payment method (no btc :c) and 30 day payment :/