Faucet Business

[LTU_btc]

Thanks everyone for your valuable input. So I guess its a NO. Actually one friend of mine recently started couple of ethercoin faucets, are altcoin faucets worth it or their result must be same too now?

Altcoin faucets isn't very popular, it means small earnings from advertisements. But good part of altcoin faucets that there are less bots and fraudsters who are trying to steal coins from faucet.
I saw that some faucet owners said that simple faucets (enter btc address, solve captcha, receive coins) have no future. They have to offer to users something more - faucet based game, dice faucet and so on.

[judeafante]

Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?

Bitcoin faucet is not popular as it used to,because the rewards are to small  and the captchas are to many to solve,the only captcha job I'm in right now is the mrai,unlimited mrai you can convert to satoshis you can easily earn 200 satoshis here in 5 seconds

[btccashacc]

Thanks everyone for your valuable input. So I guess its a NO. Actually one friend of mine recently started couple of ethercoin faucets, are altcoin faucets worth it or their result must be same too now?

Actually faucets are waste of time, however claiming some altcoins from faucet might be a good way, i personally claiming some altcoins like Litecoin, ripple, apple byte and so on, and i still do that, always looking for new altcoin to collect them, i mean their price would be up, that's why i prefer to claim altcoin than bitcoin due to bitcoin's rate on faucet is too low, you can earn much bitcoin if you have lot of referrals.
So for this reason i might say that altcoin's faucet is not bad though, especially popular coin like etherum so that you must promote your site to etherum comunity.

[alyssa85]

Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?

It used to be profitable, but stopped last year when Google banned faucet sites from their Adsense program.

Adsense used to pay quite well, whereas other ad networks pay pitifully, they don't pay enough to cover costs. A lot of faucet sites closed down after the Adsense ban. So that business model is dead and buried.

[avatar_kiyoshi]

If you (OP) wants to run business related to faucet, I think you should start to try run a faucet rotator, don't need a lot cost, even it can running with zero cost if you able to do a programming and developing.
The important thing to success in faucet rotator is the marketing.

[felicita]

iam the operator of a faucet since 2 years now .
and ther is only small income / profit to make with it .
also iam trying to give as much as i can to my users.
but server costs and domain makes profit very small.


kind regards

[ranlo]

iam the operator of a faucet since 2 years now .
and ther is only small income / profit to make with it .
also iam trying to give as much as i can to my users.
but server costs and domain makes profit very small.


kind regards

This is because faucets aren't SUPPOSED to be profitable. You use them to bring in traffic for your real sites. You have to treat it like a business.

[bravehearth0319]

Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?

There are many faucets has been rise up in this business industry, even altcoin create their own faucets to attract their community to stay remain o the project they had. But mostly people get their faucets directly into bitcoin compare to altcoin faucets. I think faucet is only advisable for the beginners only.

[BitHodler]

iam the operator of a faucet since 2 years now .
and ther is only small income / profit to make with it .
also iam trying to give as much as i can to my users.
but server costs and domain makes profit very small.


kind regards

This is because faucets aren't SUPPOSED to be profitable. You use them to bring in traffic for your real sites. You have to treat it like a business.

You're absolutely right, but the far majority of the faucets are only active because the people behind them only keep running them for the purpose of generating profits.

It's peanuts to get a faucet running with plenty of free to use scripts, but these people don't have any further knowledge on how to create a real business/project alongside the faucet.

They just go for the easy way in the hope that the faucet generates them more in ad revenue than what it costs them to pay people out, to maintain their vps/dedicated server and domain cost.

That's why a lot of these fun faucets are being shut down due to people ignoring faucets now the price has gone through the roof, resulting in rock bottom payouts.