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Author Topic: Is it profitable to run a Bitcoin faucet in 2017  (Read 9925 times)
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February 25, 2017, 12:19:19 PM
 #121

Yeah as long as there will be a huge number of visitor,
We all know that the owner would only earn through the visitors of the site.
But it looks like very difficult to get a lot of the visitor, with an evidence too many the faucet site is dead, because they're not having enough visitor to make his circulation is always running. So i think its idea is very risky in my mind.


     
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February 25, 2017, 01:41:56 PM
 #122

To be honest i don't think its profitable to run a bitcoin faucet anymore. The competition is way too high. Look at the micro earning section. It's filled with faucet link.
You have to provide something unique to stand outside and survive. You also need to make spend enough time to make sure no one abuses the faucet. Not worth spending your time.


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February 25, 2017, 01:53:54 PM
 #123

Yeah as long as there will be a huge number of visitor,
We all know that the owner would only earn through the visitors of the site.
I think the only way to make money through a faucet is to open your own faucet and get money from commercial on the site. I have tried to make money on faucets, but they pay almost nothing and very boring, especially now, when bitcoin's price raised, the payment on the faucets is like a zero.

   
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February 25, 2017, 07:43:23 PM
 #124

Yeah as long as there will be a huge number of visitor,
We all know that the owner would only earn through the visitors of the site.
I think the only way to make money through a faucet is to open your own faucet and get money from commercial on the site. I have tried to make money on faucets, but they pay almost nothing and very boring, especially now, when bitcoin's price raised, the payment on the faucets is like a zero.

I think that even now the owner of the faucet will not be able to make large profits. Due to the very strong competition, the owner will have to invest a lot of money to attract customers and advertisers
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February 25, 2017, 08:22:17 PM
 #125

Yeah as long as there will be a huge number of visitor,
We all know that the owner would only earn through the visitors of the site.
But it looks like very difficult to get a lot of the visitor, with an evidence too many the faucet site is dead, because they're not having enough visitor to make his circulation is always running. So i think its idea is very risky in my mind.
yes although it is profitable, no doubt about this but the most difficult job is to attract visitors that is also a fact that most of the faucets are fail because they cannot succeeded in attracting visitors. so the important job in faucets is to attract visitors.

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February 27, 2017, 03:38:10 PM
 #126

Yeah as long as there will be a huge number of visitor,
We all know that the owner would only earn through the visitors of the site.
But it looks like very difficult to get a lot of the visitor, with an evidence too many the faucet site is dead, because they're not having enough visitor to make his circulation is always running. So i think its idea is very risky in my mind.
yes although it is profitable, no doubt about this but the most difficult job is to attract visitors that is also a fact that most of the faucets are fail because they cannot succeeded in attracting visitors. so the important job in faucets is to attract visitors.
In order to make your bitcoin faucet profitable you have to first find a way for people to know it and use it instead of the other faucets, before you even start one you have to calculate how much you are going to earn and cut the hosting fees and the money you give in your faucet, I suggest that you first start with a simple website just to see how much ads will get you.



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February 27, 2017, 04:09:08 PM
 #127

Yeah as long as there will be a huge number of visitor,
We all know that the owner would only earn through the visitors of the site.
Yes,this is the only thing that faucet owner make profits but basing on the actual situation as of these days I think no one would do faucets except for total newbies because whenever they gain knowledge they will surely leave faucet in the end.

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February 27, 2017, 04:24:08 PM
 #128

Ever think of doing something like a few out there currently where u combine faucet with offerwalls?

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February 27, 2017, 06:09:52 PM
 #129

Hi,

I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?

I think in somehow yes, if you are typical kind of community as a beginner in this industry it will be surely profitable, especially to those person who are can't afford to buy bitcoin directly. But not in a long term earnings.


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February 27, 2017, 06:14:25 PM
 #130

In 2017, when the price of 1 btc is more than a $1000. I wonder how much cents in Satoshi you want to be giving out every hour or minutes depending on how your site is configured couple with the number of people around the world that will be claiming all round the clock 24 hours, but it will be profitable to me if compared with the revenue that will arise from such endeavor is more than the cost aside that, I guess it does not worth it at all.

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February 27, 2017, 06:23:46 PM
 #131

Making money off a bitcoin faucet is much harder than people make out. First of all, you need a balance between too many ads (which annoys people into leaving, although earning you revenue short-term) and too few (meaning no revenue). You also need to decide how generous you are going to be, are you going to be well-paying and if so, how often will you pay out? The investment required is little but it's hard to make meaningful profit, since you need a very large amount of visitors, and there is a lot of competition.
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February 27, 2017, 06:41:13 PM
 #132

To be honest i don't think its profitable to run a bitcoin faucet anymore. The competition is way too high. Look at the micro earning section. It's filled with faucet link.
You have to provide something unique to stand outside and survive. You also need to make spend enough time to make sure no one abuses the faucet. Not worth spending your time.

Well it is still possible to be profitable to run a bitcoin faucet, from your reply there are ways to generate traffic.  For a newbie maybe it will be a waste of time but for those who have master the art of click baiting then it will be very profitable for that person.

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February 27, 2017, 06:48:21 PM
 #133

Solving annoying captcha codes and other anti-bot mechanisms is boring as hell, even for some free satoshis. Faucet nowadays needs to offer a bit more entertainment to generate traffic - I mean some interaction like mini game when you can gamble your win, a lottery or decent loyalty system. I wonder if faucet runners still risk with using google ads? As far as I remember, 2-3 years ago if you do not have google campaign, it was almost impossible to make your site profitable.
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March 02, 2017, 03:30:42 AM
 #134

Solving annoying captcha codes and other anti-bot mechanisms is boring as hell, even for some free satoshis. Faucet nowadays needs to offer a bit more entertainment to generate traffic - I mean some interaction like mini game when you can gamble your win, a lottery or decent loyalty system. I wonder if faucet runners still risk with using google ads? As far as I remember, 2-3 years ago if you do not have google campaign, it was almost impossible to make your site profitable.

all popular faucets have done exactly that (offer more entertainment in a form of either a minigame or even a full monty economic/strategy game or a simulator,simple "enter a captcha and get your satoshi" sites can no longer cut it)
as for the Adwords Google ads,it is stated clearly in Google's TOS that they do not accept incentivised traffic
your faucet could last a month or two,or even several months,like donaldcoin did,for example
the end will always be the same-they freeze your account and you lose your money
there are much better bitcoin based ad providers nowadays than it was two years ago:mellowads,a-ads and similar allow webmasters to get
some profit,but it is never the same without the Adwords,sadly

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wxa7115
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March 02, 2017, 07:31:16 AM
 #135

I guess it depends on how attractive your faucet is.
Because faucet is profitable to the owner only it is just like paying those visitors at a time they click on the website.
Just have a great attracting site and reasonable satoshi so people will come  back.

Another thing to remember is that the faucet owners should protect their sites from hacks and wallet robberies. Experienced users can create bots, which can empty out the faucet in a matter of days.

An easy way to protect yourself from those attacks and this is something that is also effective no matter who you are is to have only the necessary funds to run the faucet and nothing more that way if a hacker gets access to your wallet the damage is going to be minimum.

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Shinpako09
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March 02, 2017, 08:32:38 AM
 #136

It will only become profitable if you got lots of visitor. But at this time, I guess its hard to get a lot of visitor because of competition and also how many bitcoiner do you think are still into faucet. I guess there are only few of them unlike before.
TelolettOm
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March 02, 2017, 01:05:59 PM
 #137

Currently I guess not profitable at all. because I've stopped looking bitcoin faucet with a method for spending to buy internet quota is not comparable with that I get with bitcoin per day. unless we have a lot of referall. This may be very profitable

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Nahl
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March 02, 2017, 03:17:44 PM
 #138

Yeah as long as there will be a huge number of visitor,
We all know that the owner would only earn through the visitors of the site.
indeed that is true that more visitor more earnings for the faucet owners and huge visitor doesn't guarantee will profitable especially with the current price so high i think build new faucets the cost will more expensive and as far as i know that earnings bitcoin with faucets is wasting time because not in accordance with the effort

tambok
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March 02, 2017, 03:26:52 PM
 #139

Right now, it is still profitable to have bitcoin faucet as you can see a lot of faucet out there, just imagine they won't waste their time to create bitcoin faucet if it won't give them a good profit. Try it especially now that a lot of bitcoin users depends on collecting faucet, because a lot can't afford to buy bitcoin.

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Tyrantt
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March 02, 2017, 03:52:29 PM
 #140

As much as they're worthless for users, they can be profitable now since there are a lot of new people interested in bitcoin. It will be profitable as long as there are new people coming.

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