Running faucet business in 2023 still possible?

[Stellarcast]

Certainly, this is still possible today and may have become much easier compared to the early years of crypto, but the most important question is whether this is still profitable for the business owner or not. Certainly, the faucets are no longer useful to users, and the time they will spend following the faucets will be much more important than what they can get as a few satoshis, so do not expect a significant percentage of traffic. And even if it happens and you succeed in marketing your site, the traffic will be among the beginners who will not be affected by the ads on the site.
According to my expectation, the matter is no longer profitable for all parties.

I don't think a website with a faucet on its own can bring enough traffic for decent revenue. Sure, the owner can adjust the payout so that they will always have substantial profit from ad revenue after user payouts but nowadays who even clicks through faucet sites? 10 years ago you can find faucets paying 500-3000 satoshis per hour and per captcha with a low withdrawal fee with help from a central online wallet like microwallet that has shut down. Now sites give single digit satoshis per claim and requires thousands of claims to reach the threshold and cover the transaction fee. Sad to say the days of micro faucets are past, at least for BTC. Altcoins may still be viable but the audience will be too small to justify your project.

[adaseb]

Faucets were around for many many years and if it wasn’t for the abuse in 2017, many would still be around today.

Back in 2015 or so you could go to a gambling dice site and get like 1000 sats for free. If you lost it all then claim it again and again and again, basically all you had to do was wait a few minutes between the claiming.

From 1000 sats to 100,000 sats was easy to do with a few lucky rolls and no risk. Many did this in 2015-16 until they had to put an end to it in 2017 due to the abuse.

[someone703]

Indeed, doing business in this field is not always easy to make a profit.

The issue regarding the use of Bitcoin as a means of payment in advertising is also truly remarkable. Restrictions on Bitcoin acceptance in day-to-day transactions and growing ad blockers are really affecting the ability of faucet sites to generate traffic and revenue.

Moreover, the competition in this field is increasing day by day, especially as many different faucet websites appear and try to attract users. This poses the challenge of having to create engaging and creative content to capture the user's attention.

[8rch7]

Running faucet for advertising your project is still profitable and you hot thousand hundred traffic every day because many people active with hunting coins trough faucet. Right now many still faucet website available and you can promote your business trough faucet claiming by using Litecoin, Doge coin or coins with small price. But not profitable or worth when your project advertising with faucet claiming by using Bitcoin payment.
You have change payment way and focus with shit or meme coin actually with new shit coin not listed yet on exchange market will make many airdrop hunter interested for claiming faucet every day. Make limit faucet claiming with one hour duration and not worth when you use 24 hour in daily day for claiming faucet.

[Silberman]

From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too,  where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

You will have two main problems when running a faucet, how to make money with it and how to avoid abusers from claiming more than what you are willing to pay, if I am not wrong back in those days you could still use adwords and this allowed those faucets to keep themselves in business, but once Google changed their policies faucets could not find another source of income that was as good, and when it comes to stopping bots you will have a lot of problems as well as I am sure they are way more advanced than what they were back then.

[Helena Yu]

You need a bankroll if you want to run a faucet business, usually a faucet business has their own mining, so they're making stable income from mining and give small amount of their profit as faucet to grow their sites and make more money through ads or pay per click.

Even you create Bitcoin faucet site, it's still possible even the reward is less than 10 Satoshi per hour, it just depends is people are still interested or not, I believe isn't.

[Kakmakr]

I was one of those "faucet suckers" back in the day..... and I regret every second that I wasted on there. It was big back then, until the advertisers realized that the people they are targeting are not people with money.

Those faucets were funded by advertising companies and when the advertising companies stopped paying for faucet traffic, they dried up and went away. (Freebitco.in quickly saw what was happening and they switched from advertisement income to gambling income) ...and they are still around and the faucet are still running to this day. 

[Outhue]

This reminds me of the good old days, faucet always get me busy when I was learning about cryptocurrency and Bitcoin, I claimed some free Bitcoin on freebitco.in and I was able to withdraw, I played some HI and LoW gambling rollers and I earned some and lose some, it was a good experience.

Today faucets are not worth running that's why you don't see many people doing it, if it's still profitable there will be many in 2023 as we speak, I would rather run a online casino instead of a faucet.

You can learn about how to run a casino online and still add few faucets as part of free earning on the casino, this will be attractive to those that visits the website for gambling and those that have no money to gamble can still claim free coins via the faucet engine.

[Yamane_Keto]

Faucets are the closest place where advertisers meet and those looking for ads. ideal faucet provide high-quality traffic to advertisers and people looking for ads who want more effort without effort.

Faucets were great in the past because dozens of bitcoins could be mined easily and they were hard to sell or use, so faucets were the answer.
At the moment, Bitcoin has value and to make succeed faucet, your idea must be creative, in the sense of getting advertisers to pay you and maintaining a high view history. The idea of the taps may have developed to be an application like the idea of TikTok or like signature campaigns. Here, you need a good marketing team.

[mvdheuvel1983]

From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Those were the good o' days. I remember this and the excitement that came with during the point in time. I miss 'em. It was the beginning of being crypto aware.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Claiming faucets is no longer as popular as it used to be. The rewards are now very small. It doesn't match the amount of effort that is put in. I think that faucets evolved into airdrops.

I don't know how to help you run your faucet but I'll recommend that you start from YouTube. There are many videos explainers there that would be very helpful.

[flyingcarpet]

Lastly, what advice do you have for my goal?

There are many details and you have to put these details in order and get started. What kind of ads will be for visitors to the site. There is also the possibility that the profit you will get from your captcha and banner ads will be less than the expense you make. So I don't think it will be a very profitable business at this time. You need to think about whether the amount of profit you will get, rather than the technical details, will be enough for you. I think the expense may be more than income in this process.

[gunhell16]

In my opinion, faucets are a good addition to the business you have online. I'm just not familiar with how to do it on the online business platform you have if you actually have one dude. That is also an added attraction to attract even more clients to your platform.

As for crypto, that's also good if it's just a proper hobby, and I've seen many downloadable faucets on the play store that can directly transfer the crypto you collect to faucetpay.io. I tried it anyway and it was transferred to my faucetspay account in seconds.

[Marvell1]

Lastly, what advice do you have for my goal?

I think there is one thing you need to pay more attention to before thinking about the faucet business. That is, how many people will still be interested and interested in collecting free coins through the faucet? What I see is that even newbies are no longer interested in faucets entering the market, let alone old investors. In 2016, people are interested in faucets because there are not many ways to earn free bitcoins, but so far we have bounty, airdrop, testnet...There are many ways to earn free money and they can even accumulate a significant amount of capital to invest. But can you do it for your faucet?

[michellee]

As far as I've heard from my friend, some people buy the faucet site script and then run it after they have finished checking the codes. The important thing is that you already have a domain and hosting and upload the script to that domain.

I haven't figured out how to run a faucet but it's the same as you run a site. The difference is that your site is a faucet site where there must be other additional codes that you should check. You must choose what coins to display and fill the wallet so users can claim their coins from the faucet.

You can visit the sites below to learn about faucet sites and search through search engines to find other sites.

Code:

https://steemit.com/faucet/@arishshk/website-how-to-make-your-own-bitcoin-faucet-and-earn-online

[Dave1]

From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Perhaps the reason why people are not talking about today because it's no longer effective to run this kind of business of advertisement. And most of the team it's not worth the time anymore, just saying.

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too,  where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

Well if you have some website to advertise that is related to crypto or altcoin in general then maybe you can used this as part of your marketing. Just make sure though that it can be withdrawable after members reach something or at least amounts that can be reach.

[sokani]

From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too,  where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

Years back, I did some bitcoin faucet for a couple of weeks and gave up because I felt it wasn't worth my time and I didn't think my earnings would amount to anything tangible. I can't even remember some of the faucet sites I visited and my login details, but look how profiting those faucets could have worth in today's price if I had continued and kept it still this moment. There's a story of a teenager who claimed he made a fortune from bitcoin faucets back in the days but I can't find the link I would have shared it.

I don't think it's a bad idea if you want to use faucets in your site, I believe we've not seen the last of Bitcoin or other coins you mentioned so some persons are still going be interested in getting the faucets no matter how small they might be.

[Aanuoluwatofunmi]

From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Maybe those that runs the faucet are the ones this has been a benefit to and not the users, though some users as well have managed to earn little from some since the early days but not anymore than a waste of time for people but highly recommended for newbies to start from somewhere while learning, if people are doing it then it profitable for them as long as they can pull out traffic.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it?

I will advise you not to even try wasting your time on it because faucets are no more invoke, there's high rate of scam it doing it and people no longer trust the whole process again.

[doomloop]

From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too,  where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?

I don't really think that's a good idea, people barely use faucet sites these days, it was the good old days when all of us used to claim free Bitcoins from faucets but it was the time when Bitcoin wasn't this high and it was worth doing it but most people know they will be getting peanuts from these sites and it is just a waste of time. All faucet sites I used to know have closed down except freebitco.in which is still running but has evolved now and is very much popular.

Faucet sites used to earn money through the ads they used to display on their websites and since they used to get a lot of visitors every day, it used to be enough for them to fund the faucet and keep it running, they also used to collect donations. Getting that many visitors on a faucet site today will be a big challenge.

[Ultegra134]

Faucets were around for many many years and if it wasn’t for the abuse in 2017, many would still be around today.

Back in 2015 or so you could go to a gambling dice site and get like 1000 sats for free. If you lost it all then claim it again and again and again, basically all you had to do was wait a few minutes between the claiming.

From 1000 sats to 100,000 sats was easy to do with a few lucky rolls and no risk. Many did this in 2015-16 until they had to put an end to it in 2017 due to the abuse.

They were abused, and it certainly didn't help their sustainability. However, I don't believe that it was what caused them to shut down as an "industry". People simply lost interest, I believe mainly due to the payout amounts, which were a few satoshi at best, and, as others have already mentioned, a large number of the users who were frequent users of faucets were people with low purchasing power; thus, advertisers were pretty much at a loss. The only one that's still going is Freebitco.in, which has turned into a gambling platform. I highly doubt that anyone uses their platform solely as a faucet anymore.

[Unbunplease]

They were abused, and it certainly didn't help their sustainability. However, I don't believe that it was what caused them to shut down as an "industry". People simply lost interest, I believe mainly due to the payout amounts, which were a few satoshi at best, and, as others have already mentioned, a large number of the users who were frequent users of faucets were people with low purchasing power; thus, advertisers were pretty much at a loss. The only one that's still going is Freebitco.in, which has turned into a gambling platform. I highly doubt that anyone uses their platform solely as a faucet anymore.

Freebitco.in - this platform has problems with withdrawals. The withdrawal threshold is quite high. In general, I agree that the faucet is no longer relevant. To get coins, you have to solve a captcha, click on something, etc. That is, the funds received do not actually correspond to the time spent.