Kakmakr
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Merit: 1964
Leading Crypto Sports Betting & Casino Platform
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July 04, 2017, 08:53:17 AM |
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Faucets are mostly a waste of time, the payouts are too small to begin with. I started earning bitcoin through faucets. I worked on about forty faucets and I received about $0.05 per hour.
This translates to about 0.4 cents a day, or $10 a month if you slave hard enough. Can you imagine yourself surviving on $10 a month? That wouldn't pay for my internet fees. Plus eletricity it probably cost more, I just don't see any benefits.
Please read the thread before you post. OP wants to start a faucet, not use a faucet. ^grrrrrrr^ You are also wrong about the faucet not being worth it based on the worth of the few Satoshis you get for Free. I used faucets way back then, when payouts was between 1000 to 5000 satoshi's per hour. I also got lucky and won some jackpots and I also received FREE Satoshi's from my referral network. < I did nothing and still received this passive income from the referrals > Based on today's Bitcoin price those Satoshis added up to a significant amount of money. So I have zero regrets that I participated in faucets back then. ^smile^
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ankit10
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July 04, 2017, 11:39:59 AM |
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Faucets are mostly a waste of time, the payouts are too small to begin with. I started earning bitcoin through faucets. I worked on about forty faucets and I received about $0.05 per hour.
This translates to about 0.4 cents a day, or $10 a month if you slave hard enough. Can you imagine yourself surviving on $10 a month? That wouldn't pay for my internet fees. Plus eletricity it probably cost more, I just don't see any benefits.
Please read the main thread then reply , he just asked to have own faucets and wants to know is the having own bitcoin faucets is profitable or not. By the way faucets are not always waste of time , because for new users it's only the way to earn some bitcoin. And if you have good network thenyou can earn via referral programs.
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savioroshan
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July 05, 2017, 02:34:39 PM |
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Buddy, in my opinion faucet business is a good business if you get enough traffic. When you step into the faucet business, you wont get any profit. You have to pay all users from your pocket in the beginning. Once the alexa rank of your site grows ,you can apply to cointraffic as well as bitmedia. if they accept your site ,then you will start generating profits from your site. Finally when the alexarank of your site reaches <200000 you can apply to mellow ads. After getting approval from mellowads you will start getting a decent profit from your site.
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gidaahmad
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July 06, 2017, 01:21:30 AM |
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Are faucets worth it?
I mean could i make some bucks with a faucet, or many?
Yes, you can. But maybe the results of the faucet will not be comparable, with working time. It's too little for you. Except you are the owner
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ActiveP
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July 06, 2017, 11:04:39 AM |
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Faucets are mostly a waste of time, the payouts are too small to begin with. I started earning bitcoin through faucets. I worked on about forty faucets and I received about $0.05 per hour.
This translates to about 0.4 cents a day, or $10 a month if you slave hard enough. Can you imagine yourself surviving on $10 a month? That wouldn't pay for my internet fees. Plus eletricity it probably cost more, I just don't see any benefits.
Please read the thread before you post. OP wants to start a faucet, not use a faucet. ^grrrrrrr^ You are also wrong about the faucet not being worth it based on the worth of the few Satoshis you get for Free. I used faucets way back then, when payouts was between 1000 to 5000 satoshi's per hour. I also got lucky and won some jackpots and I also received FREE Satoshi's from my referral network. < I did nothing and still received this passive income from the referrals > Based on today's Bitcoin price those Satoshis added up to a significant amount of money. So I have zero regrets that I participated in faucets back then. ^smile^ Are you both the same person? Why are you parroting each other? Yes, I read the entire thread and I am sure redigaffi would appreciate an honest opinion from someone who has earned from faucets. In my opinion (you may like it or not), faucets are a waste of time. Both for the worker and owner. More so based on today's prices, nobody pays 1000 to 5000 satoshi's per hour. If you find one that pays that much, please let me know. Faucets are mostly a waste of time, the payouts are too small to begin with. I started earning bitcoin through faucets. I worked on about forty faucets and I received about $0.05 per hour.
This translates to about 0.4 cents a day, or $10 a month if you slave hard enough. Can you imagine yourself surviving on $10 a month? That wouldn't pay for my internet fees. Plus eletricity it probably cost more, I just don't see any benefits.
Please read the main thread then reply , he just asked to have own faucets and wants to know is the having own bitcoin faucets is profitable or not. By the way faucets are not always waste of time , because for new users it's only the way to earn some bitcoin. And if you have good network thenyou can earn via referral programs.
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Leickens
Newbie
Offline
Activity: 28
Merit: 0
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July 13, 2017, 12:00:47 PM |
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I've once used moon bitcoin and D'aniel allien, but all of this amount to nothing,wasting of time and energy.
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eternalgloom
Legendary
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Activity: 1792
Merit: 1283
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July 13, 2017, 12:19:32 PM |
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Faucets are mostly a waste of time, the payouts are too small to begin with. I started earning bitcoin through faucets. I worked on about forty faucets and I received about $0.05 per hour.
This translates to about 0.4 cents a day, or $10 a month if you slave hard enough. Can you imagine yourself surviving on $10 a month? That wouldn't pay for my internet fees. Plus eletricity it probably cost more, I just don't see any benefits.
Please read the thread before you post. OP wants to start a faucet, not use a faucet. ^grrrrrrr^ You are also wrong about the faucet not being worth it based on the worth of the few Satoshis you get for Free. I used faucets way back then, when payouts was between 1000 to 5000 satoshi's per hour. I also got lucky and won some jackpots and I also received FREE Satoshi's from my referral network. < I did nothing and still received this passive income from the referrals > Based on today's Bitcoin price those Satoshis added up to a significant amount of money. So I have zero regrets that I participated in faucets back then. ^smile^ Are you both the same person? Why are you parroting each other? Yes, I read the entire thread and I am sure redigaffi would appreciate an honest opinion from someone who has earned from faucets. In my opinion (you may like it or not), faucets are a waste of time. Both for the worker and owner. More so based on today's prices, nobody pays 1000 to 5000 satoshi's per hour. If you find one that pays that much, please let me know. He's saying that what you earn today, could be worth a lot more in the future. He wasn't saying that today you could find a faucet that pays 1000-5000 sats per hour, but that it was possible in the past (which is true). So the earnings you made in the past, could be worth a couple of 100 dollars, if you really spent enough time on faucets back then. I still think it's a waste of time though, you could also focus on something more lucrative today and save those Bitcoins, then you'll have a couple of 1000 dollars unstead of hundreds.
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rhamzter
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July 14, 2017, 11:45:49 AM |
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Hi guys, do you have any idea regarding simple faucets that gives high amount of bitcoin? I was looking for good faucets because for now segwit was largely affected the bitcoin value. Moreover, some managers of signature campaign were hang their project due to declining of bitcoin in the market.
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Amevalentine
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July 14, 2017, 01:20:11 PM |
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He's saying that what you earn today, could be worth a lot more in the future. He wasn't saying that today you could find a faucet that pays 1000-5000 sats per hour, but that it was possible in the past (which is true). So the earnings you made in the past, could be worth a couple of 100 dollars, if you really spent enough time on faucets back then. I still think it's a waste of time though, you could also focus on something more lucrative today and save those Bitcoins, then you'll have a couple of 1000 dollars unstead of hundreds. Yes it still waste time though but since bitcoin rate increase high nowdays, many people looking to earn it from many ways. But yes, if @OP want to run faucet, maybe @OP could give good rate earn for these interest, as long as you have good planning in return way.
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Uhde
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July 14, 2017, 03:45:04 PM |
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Forget about faucets. Try to join bounty programs instead ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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flag39
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July 14, 2017, 08:47:52 PM Last edit: July 17, 2017, 08:44:22 PM by flag39 |
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Faucets used to be profitable 3 years ago. if you kept what you earned than until today. These days a faucet webpage drives you mad with adds popping up, you can never find a place to click.
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krishnapramod
Legendary
Offline
Activity: 1470
Merit: 1079
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July 15, 2017, 10:49:06 AM |
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Are faucets worth it?
I mean could i make some bucks with a faucet, or many?
As an owner, yes but it will take time and we are not even sure if people will still attract to the faucet system. On the other hand, as a normal user, forget it. I suggest to think of other method to earn bitcoin. Doing faucet will eat too much of your time but still, the payout is low. We valued our time that's why the payout must be worth the effort which is not present in faucet activities nowadays. Hey, i mean as a owner, yes, i'm developer and i'm hunting the way to earn bitcoins, so it is worth to develop a fauces from scratch, with some nice RPG feature to level up, and earn more for the end user? Or having more as one faucet, how much money could i earn? I wouldn't not say faucets are unprofitable, there wouldn't be so many faucets if the faucet admins weren't making any profits. Some of the RPG faucets by mexicantarget are quite popular. Since you are a developer you can create a custom unique faucet. Generic faucet scripts have no variety, somewhat same rewards and timer, users visit, claim, leave, lack of user engagement. Moon bitcoin does have daily loyalty bonus, same with RPG faucets, users actively engage in these sites to increase their earnings. Don't start a faucet expecting big returns in the beginning, you might end up in loss in the first couple of weeks, but with good user engagement and ad monetization you will start to make small profits gradually.
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sweetdesirez
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July 15, 2017, 03:04:44 PM |
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Are faucets worth it?
I mean could i make some bucks with a faucet, or many?
The answer is yes, you can make some buckets with faucets. The question is, is the income profitable considering the time spent, the electricity you spend on your pc/laptop, the wear and tear of your device, the internet cost, etc.? If you add up all, the earnings will be at a loss compared to the investment. Still, it's the easiest way to earn and play with some bitcoin dust though.
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foxbat
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July 15, 2017, 05:59:53 PM |
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Are faucets worth it?
I mean could i make some bucks with a faucet, or many?
No, it's totally unworthy, if you want to spend your time to work with the faucet, it's really very wasteful, you should find a better job, because they do not give us free money. , And we are working stupidly to receive a small amount of money.
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xuan87
Legendary
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Activity: 1666
Merit: 1001
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July 16, 2017, 01:42:54 AM |
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You can make money with faucets but it really time consuming and need a lot of effort, I think it is not worth your time, however it will be a great way to earn and to learn how to earn for a beginner and most of the beginner start from faucets, once you know other way to earn,you won't back to collect faucets anymore
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carlfebz2
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July 16, 2017, 07:07:47 AM |
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Are faucets worth it?
I mean could i make some bucks with a faucet, or many?
No, its not. Definitely not worth for your effort and on your precious time but honestly speaking when I was still a newbie on bitcoin world I do really start on this faucets which I earn small amounts of satoshi on a long periods of time which later on when I do gain knowledge I realize that its not really worth it but I was still thankful into these faucets back in the past because of this it gives me basic knowledge on how to transact with bitcoins. For now just listed to our advices here. Better to look up on other money making ways than on faucets.
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