Making a living off of bitcoin faucets, is it actually possible?

[Ways2MakeMoney]

Some years back I started using bitcoin faucets before I really knew what they were and I made a few bucks in a short amount of time but stopped as I did not find it to be a good way to make a decent profit. I have seen people claim to make a living off of bitcoin faucets, is it actually possible?

[cengsuwuei]

its never make living only use bitcoin faucet
faucet site is very low reward, so i think imposible can use living without anything only from faucet site

[laredo7mm]

It may be was possible in the past when the price of bitcoin was in peanuts and faucets sites used to pay huge payouts but if now you are looking to earn a living only from faucets then it is impossible as the payouts are too low and it will only waste your time and you will never be satisfied with your earnings from faucets.

[bitcoinbox]

Fortget about it. Bitcoin faucet are time wasting.
Post on this forum, become a member and then register for a signature campaign, you'll make way much more.

[TryNinja]

This can't be serious.

First, tell me how much does the best faucet you ever saw pay per claim. Let's suppose you do 10 faucets per hour, paying 1000 satoshis each.

This means that you get ~$0,23 per hour, or $2.76 per day if you work 12 hours. Now, can you pay your eletricity, food, rent, health insurance, etc, earning $82 per month to work 12 hours per day? The answer to my question is also valid for your question.

With this post I just made, I earned what you would have got for almost 8 hours of doing captchas. And even that isn't good enought.

Do your math.

[veins11]

Yes, you could make money, perhaps even 20 or even 30 cents a day, which will help cover the electricity costs.

[RedX]

No, believe me it won't. I also started with faucets when I was just new in bitcoin. It just makes me feel an idiot because usually when I get  the 10k satoshi payment threshold that I clicked for the captcha more than 1 or 2 weeks and then you transfer it your account but the fee is equivalent to your payment so in the end you got nothing left. I think what people really do is to find many referrals so it's like they get paid by the hardwork of others. Very smart eh!.

[ufaiz50]

I can't say that's impossible because there may be a some faucet site that gives a good reward. just relying on the faucet it is very heavy the average faucet site only gives low reward and there are still many better sources than faucet.

[mrcash02]

Yes, it's possible since you are an influent personality on the internet, more precisely on Crypto-Currency world. So you will have a large audience, you can share your referral links with thousands of people and they will sign up under it, generating comission for you.

That is the only way to make a living from faucets. By yourself only it's impossible. Maybe if you store all the earnings you have it could be possible after many years... So you have some savings in Bitcoin from the faucets income that you can use to invest later when BTC hits high prices (some people expect  BTC price $500.000 in 3 years). Your 50 satoshis earnings from each faucet would price $0.25 thinking this way...

[Fredomago]

Yes, it's possible since you are an influent personality on the internet, more precisely on Crypto-Currency world. So you will have a large audience, you can share your referral links with thousands of people and they will sign up under it, generating comission for you.

That is the only way to make a living from faucets. By yourself only it's impossible. Maybe if you store all the earnings you have it could be possible after many years... So you have some savings in Bitcoin from the faucets income that you can use to invest later when BTC hits high prices (some people expect  BTC price $500.000 in 3 years). Your 50 satoshis earnings from each faucet would price $0.25 thinking this way...

that's the same thing that i'm gonna say if OP is willing to wait for that long maybe he can earn a lot and if he really aiming to earn then share a ref link to have many commissions coming from his referral or also he can use railblocks faucets not exactly bitcoin but another alts which can give him at least some penny a day enough to save paying his electricity.

[Przemax]

This can't be serious.

First, tell me how much does the best faucet you ever saw pay per claim. Let's suppose you do 10 faucets per hour, paying 1000 satoshis each.

This means that you get ~$0,23 per hour, or $2.76 per day if you work 12 hours. Now, can you pay your eletricity, food, rent, health insurance, etc, earning $82 per month to work 12 hours per day? The answer to my question is also valid for your question.

With this post I just made, I earned what you would have got for almost 8 hours of doing captchas. And even that isn't good enought.

Do your math.

You miss one point here. In some part of the world the costs of living and wages are way lower than in the Unitated States. Sometimes its so vast differences as ten times or so. Another point you miss is that there could be 100 faucets someone uses.

I think you exaggerete the 1000 satoshi per hour. I think its too much. Most of the time its far less.

There are not enough of a good faucets to make living on them in a third world possible. Most of the faucets takes way too much time and have the feeling of working with them. Imagine the faucets that gives entertainment like some gambling sites do, and for addition they are fast and easy to claim. That would be a great additional income. Sadly its not possible nowadays without boring yourself to death.

Sadly there are very few entertaining faucets out there to make such an option viable for third world countries.

There are two very entertaining faucet games that gives surprisingly high reward:

http://www.satoshigalaxy.com/?r=przemax

https://bitfootball.net/index.php?r=17h8ZEmFae6TCVV2RSMSNKRyTYjMYJauHx

Please use my ref links, and I will teach you how to play them properly.

P.S making high quality posts takes a lot of time as well. And making yourself a member status takes even longer time. You do not feel it like so, because you would use the forum anyway. So if someone is having the entertainment by playing, they do not feel it as wasting their time.

[svirby]

It also depends in wich country you live. You can do more or less for 1 btc in different countries.

[Lucius]

Yes, it's possible since you are an influent personality on the internet, more precisely on Crypto-Currency world. So you will have a large audience, you can share your referral links with thousands of people and they will sign up under it, generating comission for you.

That is the only way to make a living from faucets. By yourself only it's impossible. Maybe if you store all the earnings you have it could be possible after many years... So you have some savings in Bitcoin from the faucets income that you can use to invest later when BTC hits high prices (some people expect  BTC price $500.000 in 3 years). Your 50 satoshis earnings from each faucet would price $0.25 thinking this way...

Mostly the opinion about faucets is that they are waste of time and in some way I can agree with that.But with good faucet list/rotator and with some referrals you can earn something every day.That coins have not some great value today,but as you say in few years that coins may worth ten or twenty times more than today.

In my best days with faucets I can make up to 500 000 satoshi per day,but then price was around 200-250$.Many say to me that I am wasting my time,but today that coins worth ten times more.So claiming from faucets and participation in signature/twitter/facebook campaings + if you have some services to offer is good combination to get some coins.

[whisperit]

It can be a source of passive income if you manage to get yourself hundreds of referrals. Otherwise, it's not worth it, in my opinion.
Even if you manage to claim something like 100 000 satoshi per week, that's about $2 only.

So, nowadays I'm mostly trying my luck in Freebitco.in lottery

The right way would be to get you first hundreds of satoshi on faucets (if you can't afford to buy them when BTC drops), deposit them on some exchange and learn trading.

[jackfruit]

Above image proves that, rather than making living, it could have made you very rich if you were one of the first faucet users in Bitcoin world. Today, i am little more sceptical about faucet incomes. It is hardly possible to make your living from them, but i have seen some old users with tens of thousands referrals from biggest faucets such as freebitco and moonbitcoin. Considering some of these faucets offer gambling service as well, i believe they make some decent money which may actually become as big as a sallary. However, i don´t reccomand anyone to expect that if starting today.

[robattfield]

I make at least USD$20 per week from BTC-related advertising, and USD$10 from faucet referrals. This is definitely not making a living, but does pay for all my domains and most importantly my VPS server.

If I was in a fantasy world and figures were at least 10x to 20x, then I could even start a decent non-spammy suite of faucets, and use them (i.e. their ad revenue) to save for holidays, xmas, things for the kids etc.

[superiorus]

It depends where you live
If you live in the United States, you will never get to live out the winnings generated by a faucet... at most you will be able to buy a cola and a pizza.
If you live in Nigeria, Afghanistan, Haiti, or other 3-rd countries and you make 200-300$ per month it will give you a decent living.

[mrcash02]

Yes, it's possible since you are an influent personality on the internet, more precisely on Crypto-Currency world. So you will have a large audience, you can share your referral links with thousands of people and they will sign up under it, generating comission for you.

That is the only way to make a living from faucets. By yourself only it's impossible. Maybe if you store all the earnings you have it could be possible after many years... So you have some savings in Bitcoin from the faucets income that you can use to invest later when BTC hits high prices (some people expect  BTC price $500.000 in 3 years). Your 50 satoshis earnings from each faucet would price $0.25 thinking this way...

Mostly the opinion about faucets is that they are waste of time and in some way I can agree with that.But with good faucet list/rotator and with some referrals you can earn something every day.That coins have not some great value today,but as you say in few years that coins may worth ten or twenty times more than today.

In my best days with faucets I can make up to 500 000 satoshi per day,but then price was around 200-250$.Many say to me that I am wasting my time,but today that coins worth ten times more.So claiming from faucets and participation in signature/twitter/facebook campaings + if you have some services to offer is good combination to get some coins.

People who say it's waste of time it's because they have better sources of money, but for who doesn't have anything, faucets are very helpful. The real waste in my opinion is to put all the micro earnings into Ponzi HYIP schemes hoping to double it and many or most faucet users from these third world countries are doing this...

When I started claiming on faucets I did this mistake and lost few millions of satoshis for nothing, thinking the cloud minings offering good profit were real and legit. If faucet claimers just store their earnings or put into trusted sites there isn't problem, it's a good saving account method.

[chopcoin.io]

Well I guess you can't make a very luxurious living but depending on the country you live in and the rise of Bitcoin over time it might be possible.

For example my faucet paid the best player of all time (It's a faucet where players compete in a fun browser game against each other and the winners get rewarded, check out the statistics of all time players yourself to verify) 1.56 Bitcoin since we started in September 2015. So over 3,653.40 USD in todays terms - or 159 USD per month since the site is running. This is only income from one faucet and in some countries the cost of living is below 200 USD per month.

Of course this calculation is somewhat dubious since it's thinking in value of Bitcoin today - it's just to give you an idea much one could make by being consistent and hoping for a rise in Bitcoin prices. 

[Rinaze]

I believe I remembered reading someone breaking down the details and the conclusion is if you sit in front of your PC hardcore and claim from faucets straight for around 10 hours, it's possible to earn $3-4 (>300,000 satoshis) per day. That's about $120 a month but I still have no idea which rotator or game(s) are able to let you have enough activity to claim that much.