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Author Topic: Is it profitable to run a Bitcoin faucet in 2017  (Read 10405 times)
Zadicar
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February 21, 2017, 12:35:07 PM
 #81

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.


I couldn't agree more with you. Faucet ia not bad idea until nowadays, because it will bring many profit for developers. Sure Important point is make your faucets interest and build the trust to everyone that you legitimate to pay. Apart from all that, if we can not make a good security system we can cooperate with someone we already know that it can work for it. And pay him equal they deserve.
For me its really a bad idea as of this days yes its okay to build a faucet but as of this day faucets are too saturated and people dont have any interest already on faucets because we do all know that claiming faucet money is very small and very time consuming.

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February 21, 2017, 05:07:10 PM
 #82

In the last year maybe faucets could keep profitable, nowadays without adsense support, its hard to pay well and keep the claimers interested and active. But there are few bitcoin networks paying with bitcoin, there are too many rules and restrictions, and you have one extra problem bots, soo to have a good faucet you will need around 0,25-1 btc to start and try to keep alive, since you are competing with others and you need to balance income with payouts, but if you lucky you can maybe earn 0,05-0.10 btc montly.
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February 21, 2017, 05:18:15 PM
 #83

In the last year maybe faucets could keep profitable, nowadays without adsense support, its hard to pay well and keep the claimers interested and active. But there are few bitcoin networks paying with bitcoin, there are too many rules and restrictions, and you have one extra problem bots, soo to have a good faucet you will need around 0,25-1 btc to start and try to keep alive, since you are competing with others and you need to balance income with payouts, but if you lucky you can maybe earn 0,05-0.10 btc montly.
Yeah that's right adsense was the main source of income but there's nothing we can do now. In order to start your faucets you may need minimum investment of 2 btc and I would recommend you to pay 50-70 saroshi every 5-10 min as that will give you more views to your ads. And in terms of network until you don't reach 100k alexa rank you will mostly be in loss after that you can apply for melow ads.
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February 21, 2017, 06:00:27 PM
 #84

In the last year maybe faucets could keep profitable, nowadays without adsense support, its hard to pay well and keep the claimers interested and active. But there are few bitcoin networks paying with bitcoin, there are too many rules and restrictions, and you have one extra problem bots, soo to have a good faucet you will need around 0,25-1 btc to start and try to keep alive, since you are competing with others and you need to balance income with payouts, but if you lucky you can maybe earn 0,05-0.10 btc montly.
Yeah that's right adsense was the main source of income but there's nothing we can do now. In order to start your faucets you may need minimum investment of 2 btc and I would recommend you to pay 50-70 saroshi every 5-10 min as that will give you more views to your ads. And in terms of network until you don't reach 100k alexa rank you will mostly be in loss after that you can apply for melow ads.

The thing is that looks impossible to keep such reward for tinny time, long faucets wont pay more then 200-400 satoshis daily, but people wont use them if they can earn 800 daily with those 4-10 minutes rewards, but the faucet will die instead keep sharing health. Faucets wont resist further atleast is the way i see those, the gold moments has gone for admin and supporters.
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February 22, 2017, 01:04:38 AM
 #85

if youre faucet site reward under 100 satoshi is never visitor visit youre facuet
I think no, even faucet's reward is too low (below 100 satoshi) you can still get visitors to your site but not that much from higher paying faucet one.
If you say never, I think you should try it for prove your sentence.

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February 22, 2017, 01:29:35 AM
 #86

yes if the rewards is higher than every other faucet sites, you can also promote your faucet site like some weekly raffles to users , I myself sometimes visiting faucets with high rewards or having some jackpot bonuses to users it will attract more visitors.

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February 22, 2017, 01:45:21 AM
 #87

Bitcoin faucets are still profitable, but popular alternative cryptocurrencies have enabled people to promote their sites easier as well as push more volume with advertisments.

It's quite simple to make with a variety streams of revenue, although there's much left to search for that'll boost performance overall.

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February 22, 2017, 02:11:20 AM
 #88

Bitcoin faucets are still profitable, but popular alternative cryptocurrencies have enabled people to promote their sites easier as well as push more volume with advertisments.

It's quite simple to make with a variety streams of revenue, although there's much left to search for that'll boost performance overall.
Yes true, anything can be beneficial, depending on our mind. but I think, the faucet has not been effective because a very small payment for the user and for the advertiser does not make a lot of clicks.
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February 22, 2017, 04:55:07 AM
 #89

Bitcoin faucets are still profitable, but popular alternative cryptocurrencies have enabled people to promote their sites easier as well as push more volume with advertisments.

It's quite simple to make with a variety streams of revenue, although there's much left to search for that'll boost performance overall.
You have a point dude.
Combination of Bitcoin and Altcoin faucet is more profitable today.
But I think Bitcoin faucet is for long term than the altcoin faucet.
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February 22, 2017, 08:32:42 AM
Last edit: March 01, 2017, 02:42:44 PM by coinplus
 #90

yes if the rewards is higher than every other faucet sites, you can also promote your faucet site like some weekly raffles to users , I myself sometimes visiting faucets with high rewards or having some jackpot bonuses to users it will attract more visitors.
But what makes you think that new users will use your faucet or when they could easily find the older ones that are more popular, you need to really study the situation and calculate the profit.

Building up new faucets will not be a big challenge but promoting it would be a big head ache till you make it a popular one.
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February 22, 2017, 11:09:13 AM
 #91

if youre faucet site reward under 100 satoshi is never visitor visit youre facuet
I think no, even faucet's reward is too low (below 100 satoshi) you can still get visitors to your site but not that much from higher paying faucet one.
If you say never, I think you should try it for prove your sentence.
yeah, there may be some visitors only. because the reward is not too big. especially nowthere are many faucet sites in internet and mutual competitiveness to get more visitors and earn a profit
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February 22, 2017, 11:18:55 AM
 #92

most bitcoin users would not tend to waste of their time on collecting very small amounts on faucets,so it would not profitable.

I disagree. First, there are many kids these days who want to have thier own coins and they use faucets because they are the only chance to get BTC for those kids. And it doesn't matter how old the kids are if they are generating enough traffic for a site to sell places for advertising. Second, I heard some people manage to collect a decent amount of Satoshis per day using bots. So, bitcoin faucets will be always popular to some extent.
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February 22, 2017, 12:18:04 PM
 #93

yes if the rewards is higher than every other faucet sites, you can also promote your faucet site like some weekly raffles to users , I myself sometimes visiting faucets with high rewards or having some jackpot bonuses to users it will attract more visitors.
I think that is a problem not pda amount of reward on the faucet but innovations are you doing on your site so different from the others. and of course you have to find advertising that is profitable and pays with a great rate
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February 22, 2017, 05:34:10 PM
 #94

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 depends on how many advertisement you have on your Bitcoin Faucet and how many people are going to use your faucet but I don't know what number of visit is needed for you to consider it profitable and as far as I know many users are nowadays are not getting interested to use a faucet so probably it is not going to work successfully unless you will offer a good reward different than other faucet sites .
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February 22, 2017, 07:50:10 PM
 #95

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 depends on how many advertisement you have on your Bitcoin Faucet and how many people are going to use your faucet but I don't know what number of visit is needed for you to consider it profitable and as far as I know many users are nowadays are not getting interested to use a faucet so probably it is not going to work successfully unless you will offer a good reward different than other faucet sites .

You're right, in order for this project to be profitable, you need to attract a lot of advertisers. In addition, you need to come up with a good environment that will attract users
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February 22, 2017, 09:11:02 PM
 #96

Although I think it is not profitable any more, but it can generate some revenue, because some Bitcoin earners are still interested in Bitcoin faucets, those mostly are the newcomers to Bitcoin. From other side, if you would like to run a faucet, you should wait until Bitcoin price stabilize.
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February 22, 2017, 09:38:51 PM
 #97

yes if the rewards is higher than every other faucet sites, you can also promote your faucet site like some weekly raffles to users , I myself sometimes visiting faucets with high rewards or having some jackpot bonuses to users it will attract more visitors.
If you are planning to give away higher awards make sure you get the revenue back with proper advertisement and with faucets we get things limited because google is not interested to work with faucet which is a blow for every faucet owners who had their major share of profits through google.
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February 22, 2017, 11:26:17 PM
 #98

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?
Of course it is. Make sure that you use seo on that and advertise it with good social engineering skills , make your design good not only design but of course your method on how people will have some interest to visit and get satoshi on your website. Wordpress i read something on it wordpress hacked right?

P.S
Find a good ads where they are paying high and make sure that you can get your revenue back with some good profit Smiley GOOD LUCK.

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February 22, 2017, 11:32:12 PM
 #99

yes if the rewards is higher than every other faucet sites, you can also promote your faucet site like some weekly raffles to users , I myself sometimes visiting faucets with high rewards or having some jackpot bonuses to users it will attract more visitors.
it would still be not profitable, you cannot make the rewards too big because you would get no profit of the adds while at the same time if the rewards are the same no one would use your faucet.

 
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February 22, 2017, 11:36:36 PM
 #100

yes if the rewards is higher than every other faucet sites, you can also promote your faucet site like some weekly raffles to users , I myself sometimes visiting faucets with high rewards or having some jackpot bonuses to users it will attract more visitors.
one people that makes users happy to visit a faucet site because the faucet is have a great reward and a simple design and minimalist. so do not put too much ads if you want to get a lot of users
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