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Author Topic: Is it profitable to run a Bitcoin faucet in 2017  (Read 9868 times)
pixie85
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March 05, 2017, 05:36:43 PM
 #161

I think it is if it got a apropriate payout, and if you promote it accordingly it should work out for you  Smiley
to be the site of faucets famous and profitable you need to get a lot of visitors and to get it you have to make your site known. Of course you have to work hard doing promotions, etc.

But it is quite hard to make money from faucet sites due to these high bitcoin prices. Becuase you give 100 Santoshi or less for each claim many people will not go to those faucets but if you pay more than that then site owners can't make a profit. It is not so easy just with faucet site to earn money but if you can add some games to it then may be profitable.
Profits don't matter with faucets. Look at some forum topics where people are asking how to earn some coins and others are replying "i'm getting mine from faucets" or "i'm earning by doing captchas"
Small unprofitable jobs will attract people anyway and when they stop it's a sign that you should increase the rewards a bit. I still think faucets are a great way to increase traffic and value of your site.

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March 05, 2017, 07:38:37 PM
 #162

I think faucets time is pass. If u can, make gambling site. Chess, Backgammon, rummikub i didnt see those games bet for btc. There r lots of dice games, sports betting, lottery but Chess, Backgammon and rummikub isnt.

Also people can spend lots of times in site with these games. If i can i will not wait a second. You can have more profit then faucet. I think lots of people tired for faucets. Dont add new one.
Well making a gambling site requires lots of money to start compared to a faucet site. And you will need to compete against famous gambling sites.
Those games you've recommend are somehow not good for a gambling site since you will need to open up people's greed to earn money.

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March 05, 2017, 07:40:36 PM
 #163

I think faucets time is pass. If u can, make gambling site. Chess, Backgammon, rummikub i didnt see those games bet for btc. There r lots of dice games, sports betting, lottery but Chess, Backgammon and rummikub isnt.

Also people can spend lots of times in site with these games. If i can i will not wait a second. You can have more profit then faucet. I think lots of people tired for faucets. Dont add new one.


I agree with your opinion. Now people are not so actively spend their time on faucets. Especially because the faucets do not give a lot of profit. Now this idea is not relevant
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March 05, 2017, 07:44:52 PM
 #164

i don't think you will get easy time with a bitcoin faucet  with your hands on it, most people try to use bots and all to snatch more and more coins from the faucet they can, of course you have to keep good track on all the thinks and perfectly setup advertisement and all that can work well. and by the way yes bitcoin faucets if nothing goes wrong then they are profitable too


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March 06, 2017, 05:16:29 PM
 #165

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.
Getting visitors to any website is always the hardest part, you need to offer something they want so they stay on your website, for more than a few seconds, faucets use economic incentives, but the truth is those incentives are very low at the moment so for many of us it is simply not worth it.

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March 06, 2017, 05:23:58 PM
 #166

I use faucethub, looks like community there is very active. It's not easy to run profitable faucet, and just few of them survive more then couple months.
Take for example freebitco.in, from just little faucet they now accept deposits because people play dices there. Faucets that offer more then just one prize have more visitors and higher profit.


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March 06, 2017, 06:09:56 PM
 #167

I use faucethub, looks like community there is very active. It's not easy to run profitable faucet, and just few of them survive more then couple months.
Take for example freebitco.in, from just little faucet they now accept deposits because people play dices there. Faucets that offer more then just one prize have more visitors and higher profit.

Yeah, it sure is profitable if you"re the owner of faucet slash dice site freebitco.in , that guy is making a shitload of money everyday, The house edge is insanely too high but people are using it anyway, I bet my ass that that guy already saved some "little" money for his retirement.

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March 06, 2017, 11:57:28 PM
 #168

I think faucets time is pass. If u can, make gambling site. Chess, Backgammon, rummikub i didnt see those games bet for btc. There r lots of dice games, sports betting, lottery but Chess, Backgammon and rummikub isnt.

Also people can spend lots of times in site with these games. If i can i will not wait a second. You can have more profit then faucet. I think lots of people tired for faucets. Dont add new one.


I agree with your opinion. Now people are not so actively spend their time on faucets. Especially because the faucets do not give a lot of profit. Now this idea is not relevant
i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.


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March 07, 2017, 12:16:30 AM
 #169

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?
It will be profitable either way if you somehow manage to get people visit your website as most of the faucets pay such small amounts of bitcoin that it just can't be not profitable for the owner. However the fact that it is just a waste of time nowadays will mean that you will not get a lot of people thus you will not be able to make a living out of it. As for the initial investment 10 dollars should be definitely enough.
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March 07, 2017, 05:41:52 AM
 #170

I think faucets time is pass. If u can, make gambling site. Chess, Backgammon, rummikub i didnt see those games bet for btc. There r lots of dice games, sports betting, lottery but Chess, Backgammon and rummikub isnt.

Also people can spend lots of times in site with these games. If i can i will not wait a second. You can have more profit then faucet. I think lots of people tired for faucets. Dont add new one.
It will be interesting to see some faucets with new concepts, but most of the ones that create faucets don do it to prove a concept or anything they do it to make money out of ads and that is why they keep trying the proven formulas that seem to work for other owners of faucets.

..C..
.....................
........What is C?.........
..............
...........ICO            Dec 1st – Dec 30th............
       ............Open            Dec 1st- Dec 30th............
...................ANN thread      Bounty....................

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March 07, 2017, 06:29:55 AM
 #171

i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.

Getting money from the faucets requires a lot of time and effort. Sometimes you have to fill in the captcha, and you need to visit the webpages. I made some calculations in 2015. According to it, the average pay from faucets is around $0.10 per hour.

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March 08, 2017, 04:56:22 PM
 #172

I think it is if it got a apropriate payout, and if you promote it accordingly it should work out for you  Smiley
to be the site of faucets famous and profitable you need to get a lot of visitors and to get it you have to make your site known. Of course you have to work hard doing promotions, etc.

But it is quite hard to make money from faucet sites due to these high bitcoin prices. Becuase you give 100 Santoshi or less for each claim many people will not go to those faucets but if you pay more than that then site owners can't make a profit. It is not so easy just with faucet site to earn money but if you can add some games to it then may be profitable.
Profits don't matter with faucets. Look at some forum topics where people are asking how to earn some coins and others are replying "i'm getting mine from faucets" or "i'm earning by doing captchas"
Small unprofitable jobs will attract people anyway and when they stop it's a sign that you should increase the rewards a bit. I still think faucets are a great way to increase traffic and value of your site.
Faucets may be a good idea for casinos or exchanges but when someone thinks of creating a faucets they are thinking of profiting from the faucet alone, and not to create a casino or an exchange with a faucet, so to raise the rewards is a lot harder for those that just want to have a faucet.

..C..
.....................
........What is C?.........
..............
...........ICO            Dec 1st – Dec 30th............
       ............Open            Dec 1st- Dec 30th............
...................ANN thread      Bounty....................

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March 08, 2017, 05:06:09 PM
 #173

i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.

Getting money from the faucets requires a lot of time and effort. Sometimes you have to fill in the captcha, and you need to visit the webpages. I made some calculations in 2015. According to it, the average pay from faucets is around $0.10 per hour.


In 2015 I was able to make 0.001 BTC daily without effort, only using the good faucets twice a day. There were faucets with 1000-8000 satoshis reward and some of them offered like 10K-50K satoshis if you were lucky. On that time my profit was about $0.40 daily. Good return without effort and in a small time period. Now it's impossible to get the same amount proportional in dollars.

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March 08, 2017, 06:13:51 PM
 #174

i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.

Getting money from the faucets requires a lot of time and effort. Sometimes you have to fill in the captcha, and you need to visit the webpages. I made some calculations in 2015. According to it, the average pay from faucets is around $0.10 per hour.


In 2015 I was able to make 0.001 BTC daily without effort, only using the good faucets twice a day. There were faucets with 1000-8000 satoshis reward and some of them offered like 10K-50K satoshis if you were lucky. On that time my profit was about $0.40 daily. Good return without effort and in a small time period. Now it's impossible to get the same amount proportional in dollars.

At the current market scenario, it is not possible to get those rates in faucets, though one can earn nearly similar if one have good amount and active referrals. I know some peoples who are earning a quite decent amount from faucets, even without claiming anything, just from their referrals.

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March 08, 2017, 08:02:40 PM
 #175

i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.

Getting money from the faucets requires a lot of time and effort. Sometimes you have to fill in the captcha, and you need to visit the webpages. I made some calculations in 2015. According to it, the average pay from faucets is around $0.10 per hour.


In 2015 I was able to make 0.001 BTC daily without effort, only using the good faucets twice a day. There were faucets with 1000-8000 satoshis reward and some of them offered like 10K-50K satoshis if you were lucky. On that time my profit was about $0.40 daily. Good return without effort and in a small time period. Now it's impossible to get the same amount proportional in dollars.

At the current market scenario, it is not possible to get those rates in faucets, though one can earn nearly similar if one have good amount and active referrals. I know some peoples who are earning a quite decent amount from faucets, even without claiming anything, just from their referrals.
So, it's profitable to run the cranes, but it will take a lot of time and resources to develop.
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March 09, 2017, 10:05:15 AM
 #176

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?

Running your own Bitcoin faucet will become profitable only if many of the community are using it from time to time. But if the community of bitcoin will just ignore it and only few only are using it of course that is not good anyway.

.
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March 09, 2017, 12:36:57 PM
 #177

i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.

Getting money from the faucets requires a lot of time and effort. Sometimes you have to fill in the captcha, and you need to visit the webpages. I made some calculations in 2015. According to it, the average pay from faucets is around $0.10 per hour.


In 2015 I was able to make 0.001 BTC daily without effort, only using the good faucets twice a day. There were faucets with 1000-8000 satoshis reward and some of them offered like 10K-50K satoshis if you were lucky. On that time my profit was about $0.40 daily. Good return without effort and in a small time period. Now it's impossible to get the same amount proportional in dollars.

At the current market scenario, it is not possible to get those rates in faucets, though one can earn nearly similar if one have good amount and active referrals. I know some peoples who are earning a quite decent amount from faucets, even without claiming anything, just from their referrals.
So, it's profitable to run the cranes, but it will take a lot of time and resources to develop.
There will be no traffic if your website is suck. The payout must be affordable for the people to play and enjoy. There are many faucets which can not survived for at least a month. Be wise when you decide to join the ad world. It is not as easy as you think. Cheat will make it easier but i wont recommend this way. Making money in a legal ways helps you a lot in develop yourself and increase reputation

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March 09, 2017, 12:43:05 PM
 #178

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?

Running your own Bitcoin faucet will become profitable only if many of the community are using it from time to time. But if the community of bitcoin will just ignore it and only few only are using it of course that is not good anyway.
its hard to gain profits from faucets nowadays since cheaters are always around those rapers from faucets collection will suck every sat you have and with earnings traffic is really hard now since claimers is no longer interested from wasting their time. so better to think twice before investing your time and money with this industry.

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March 09, 2017, 07:18:16 PM
 #179

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.
Getting visitors to any website is always the hardest part, you need to offer something they want so they stay on your website, for more than a few seconds, faucets use economic incentives, but the truth is those incentives are very low at the moment so for many of us it is simply not worth it.

In order to have a lot of visitors, you need a lot of money to invest in advertising your faucet. It is most important. But, unfortunately, not everyone understands this. And then they wonder why they do not have visitors.

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March 10, 2017, 01:09:11 AM
 #180

i do not think that earning bitcoin from faucet is such a good idea of making money, because from there you cannot make such a good amount of bitcoin it is just the wastage of time.

Getting money from the faucets requires a lot of time and effort. Sometimes you have to fill in the captcha, and you need to visit the webpages. I made some calculations in 2015. According to it, the average pay from faucets is around $0.10 per hour.

I think the question is a benefit from to make faucet site itself and earn revenue from ads that you put on your site? I think it would be beneficial, there are still many faucet sites that is still running

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