Running faucet business in 2023 still possible?

[traderethereum]

If you want to create a faucet site, you can give the Shiba faucet a go because Shiba has a lot of fans and they will be happy to see another Shiba faucet.
But it's not easy because you must keep an eye on people who want to earn more Shiba by using multiple accounts.
And usually the faucet site has advertisements on the site so that the site owner can also get additional income.
But I don't know where you can start learning to make faucets because I've never tried to make one.

[DanWalker]

If you want to create a faucet site, you can give the Shiba faucet a go because Shiba has a lot of fans and they will be happy to see another Shiba faucet.
But it's not easy because you must keep an eye on people who want to earn more Shiba by using multiple accounts.
And usually the faucet site has advertisements on the site so that the site owner can also get additional income.
But I don't know where you can start learning to make faucets because I've never tried to make one.

Why Shiba and not other coins? Any coin has fans and investors, and we have more potential, quality coins than Shiba. Why choose the memecoin for your faucet business, and not the top coins? Furthermore, I think the faucet business is no longer relevant to today's market. Let's take a real example of ourselves, are you currently earning free coins from any faucet? Almost no one is interested in it even newbies. That's why the bitcoin faucet has been defunct for years now.

[Pejoh Asu]

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 think it depends on the cost of living in a country or place, if the monthly cost of living is less than $100 and with a faucet they can make more than $100 of course it's still ideal, but where I am currently it costs at least $300 and I think it's very difficult to rely on faucets to live.

[Silberman]

The irony with this is people who have experienced faucets back in the day and are saying that it's a waste of time, have probably changed their minds when it increased in value now. You could've got a lot of money if you managed to do it religiously.

For business purposes, maybe you can do it with research of it first and see if there are still existing faucets that run their business now.

Without a doubt we were wrong about it, there were many faucets and someone that mindlessly clicked the many ads to claim from a faucet and was smart enough to not spend it and did so for at least a year would have accumulated a decent amount of bitcoin, this is why some people are trying to replicate that success and want to claim from faucets as well, however the circumstances have changed since then and it seems that this time faucets are really a waste of time for everyone involved.

[lixer]

If you want to start a business from these cheap coins then you must know about their advertising. First of all you need to be well versed with the coin and know in detail when it will be profitable to invest in it. Also if you are trading for profit then I think it is better not to invest in such coins but find much better crypto that will give you profit from there. But if you use such calls then I can see you won't get much profit from here but some amount of profit but it won't be good for you at all.

This is not about trading, it is about starting a faucet, do you even know what a faucet is? I bet you don't because you sound like you are not very old in this industry. Let me tell you what a faucet is, it is a website where you go, either sign up or enter your public address for the coin that the faucet is for, if it's a Bitcoin faucet, you will enter your Bitcoin address and claim a small amount of Bitcoin for free for a specific period, once that period resets, you can claim again.

Faucets used to be a trend when Bitcoin wasn't this popular, I still remember using several faucet rotators and claiming free satoshis from a bunch of different faucet sites, the amount used to be small even then when the price of Bitcoin was hardly around $400 or something but it used to be fun.

[traderethereum]

If you want to create a faucet site, you can give the Shiba faucet a go because Shiba has a lot of fans and they will be happy to see another Shiba faucet.
But it's not easy because you must keep an eye on people who want to earn more Shiba by using multiple accounts.
And usually the faucet site has advertisements on the site so that the site owner can also get additional income.
But I don't know where you can start learning to make faucets because I've never tried to make one.

Why Shiba and not other coins? Any coin has fans and investors, and we have more potential, quality coins than Shiba. Why choose the memecoin for your faucet business, and not the top coins? Furthermore, I think the faucet business is no longer relevant to today's market. Let's take a real example of ourselves, are you currently earning free coins from any faucet? Almost no one is interested in it even newbies. That's why the bitcoin faucet has been defunct for years now.

That's just an example but trying it with the Shiba faucet site is fine too, to see how much interest there is from the visitors.
Choosing a top coin like bitcoin as a faucet might not give good results because the reward they are receiving now is already very small.
They have to try for a long time before collecting a lot of satoshi.
But many people would be interested if it were a faucet for coins like Shiba or others where the price was still low.
That's why @OP must do research before making his choice in making a faucet site.

[xSkylarx]

The irony with this is people who have experienced faucets back in the day and are saying that it's a waste of time, have probably changed their minds when it increased in value now. You could've got a lot of money if you managed to do it religiously.

For business purposes, maybe you can do it with research of it first and see if there are still existing faucets that run their business now.

Without a doubt we were wrong about it, there were many faucets and someone that mindlessly clicked the many ads to claim from a faucet and was smart enough to not spend it and did so for at least a year would have accumulated a decent amount of bitcoin, this is why some people are trying to replicate that success and want to claim from faucets as well, however the circumstances have changed since then and it seems that this time faucets are really a waste of time for everyone involved.

When the price of Bitcoin jumps, the sats that you are claiming every hour are too few, and we know that before it is also a waste of time because you can't get enough sats if you don't claim at least a year on them, which is also the problem as others tend to close down when they see that there are people that have already accumulated Bitcoins, so it is still a waste of time, and always you are just making the owner rich because he is earning per unique visits on the website and also by accidently clicking the ads.

[dansus021]

Adsense is very hard to get nor the 3rd party app I dont think the faucet business is profitable business unless you made a site like gambling site or news site with faucet to gain user maybe it could turn profit Faucet that I know is freebitcoin that turned into a gambling site.

[Ayers]

The irony with this is people who have experienced faucets back in the day and are saying that it's a waste of time, have probably changed their minds when it increased in value now. You could've got a lot of money if you managed to do it religiously.

For business purposes, maybe you can do it with research of it first and see if there are still existing faucets that run their business now.

Without a doubt we were wrong about it, there were many faucets and someone that mindlessly clicked the many ads to claim from a faucet and was smart enough to not spend it and did so for at least a year would have accumulated a decent amount of bitcoin, this is why some people are trying to replicate that success and want to claim from faucets as well, however the circumstances have changed since then and it seems that this time faucets are really a waste of time for everyone involved.

When the price of Bitcoin jumps, the sats that you are claiming every hour are too few, and we know that before it is also a waste of time because you can't get enough sats if you don't claim at least a year on them, which is also the problem as others tend to close down when they see that there are people that have already accumulated Bitcoins, so it is still a waste of time, and always you are just making the owner rich because he is earning per unique visits on the website and also by accidently clicking the ads.

Indeed, collecting bitcoins from the faucet would really be a waste of our time these days. Things are not what they were in years past and we need to accept that fact. @crwth, if you think bitcoin income through faucet still works. I really want to know, are you still doing that? Or did you yourself stop looking for bitcoin that way? No one denies that faucets used to bring us a lot of bitcoin, but today that is outdated and no longer relevant.

[armanda90]

Adsense is very hard to get nor the 3rd party app I dont think the faucet business is profitable business unless you made a site like gambling site or news site with faucet to gain user maybe it could turn profit Faucet that I know is freebitcoin that turned into a gambling site.

Advertising faucet to earn adsense is not worth yet because possibility with your adsense account suspend due the same IP access and looks your ads clicked trough cheat, but advertising website or our business to make popular still worth trough faucet claiming. Its difference thing with
freebitcoin still exist until right now and becoming most oldest website faucet because their website linked with gambling platform, not only focus with faucet claiming but also in freebitcoin you can find high and low betting games.

OP want to ask about worth or not advertising some project trough faucet claiming, during not spent much money for faucet reward I think keep worth and project advertising trough faucet will faster become popular than have to paid advertising.

[crwth]

~snip
Indeed, collecting bitcoins from the faucet would really be a waste of our time these days. Things are not what they were in years past and we need to accept that fact. @crwth, if you think bitcoin income through faucet still works. I really want to know, are you still doing that? Or did you yourself stop looking for bitcoin that way? No one denies that faucets used to bring us a lot of bitcoin, but today that is outdated and no longer relevant.

I'm not sure how it came up on how I think it still works, I just said that the people back then who don't believe in faucets have probably believed now because of how high the BTC value is now compared to back then. Anyway, to answer your question, I don't do that anymore. I don't see Bitcoin that way anymore. It was just a few months when I first discovered Bitcoin and I have read here that it is a waste of time but looking at it now, you could have made significant money if you just continued to do it.

[Ayers]

~snip
Indeed, collecting bitcoins from the faucet would really be a waste of our time these days. Things are not what they were in years past and we need to accept that fact. @crwth, if you think bitcoin income through faucet still works. I really want to know, are you still doing that? Or did you yourself stop looking for bitcoin that way? No one denies that faucets used to bring us a lot of bitcoin, but today that is outdated and no longer relevant.

I'm not sure how it came up on how I think it still works, I just said that the people back then who don't believe in faucets have probably believed now because of how high the BTC value is now compared to back then. Anyway, to answer your question, I don't do that anymore. I don't see Bitcoin that way anymore. It was just a few months when I first discovered Bitcoin and I have read here that it is a waste of time but looking at it now, you could have made significant money if you just continued to do it.

If so, I will be luckier than you as I am someone who used to collect satoshi from various faucets as well as play games to get satoshi at a time when bitcoin price was very cheap. Can't say I got great rewards from it but also got some profit from faucet. But to be honest, many times I have gone back to my account on freebitco.in to try to collect bitcoins but things are very different. I feel that is no longer efficient and just a waste of time if we just focus on faucets to collect bitcoins.

Like I said, I don't deny that it used to be very profitable, but things are much different now, and that's why we no longer see many working faucets nor no one mention it.

Here's my remaining bitcoins, LOL. I think if someone wants to earn bitcoin these days, there are other more efficient ways.

[Synchronice]

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 have to keep in mind how you are going to monetize your website. Can you run google adsense or any other high paying ads network? How much will be your pay per click, cost per 1000 impression. You have to keep in mind that you shouldn't give away more than you earn via ads and at the same time, you shouldn't give away amount that won't be attractive for people.
Personally, I wouldn't run a faucet business simply because I know my audience wouldn't be wealthy people since they are looking for some free satoshis that doesn't even worth 1 cent. Also, keep in mind that you have a competitor freebitco that not only is well-established company that runs faucet but it also offers dice and other casino games with interest on deposit.

[Doan9269]

Adsense is very hard to get nor the 3rd party app I dont think the faucet business is profitable business unless you made a site like gambling site or news site with faucet to gain user maybe it could turn profit Faucet that I know is freebitcoin that turned into a gambling site.

Maybe some can spare their own time in creating faucet if their main target is not for making business from it but wanted to offer something quality enough for the newbies to start upon for their learning, in other words as you've mentioned above, if there's a plan already on ground to make business a big way, one can go into gambling casino as an establishement to start with or do other businesses that could bring in money through the use of advanced digital technology, we must also consider the trust people will have in whatever we want to start that will increase their patronage.

[xSkylarx]

Adsense is very hard to get nor the 3rd party app I dont think the faucet business is profitable business unless you made a site like gambling site or news site with faucet to gain user maybe it could turn profit Faucet that I know is freebitcoin that turned into a gambling site.

Getting approved in Google AdSense is really difficult, and if so, you should be careful as they are very strict and not sure if faucets are allowed on it, so you'll still have difficulty on this. You don't have a choice but to take those low-paying ads, but still, it is worth it over nothing. Again, only a few people will be visiting faucets these days because they know it is just a waste of time. But again, we can try it, and if it is not profitable, then close it down.

[DanWalker]

If you want to create a faucet site, you can give the Shiba faucet a go because Shiba has a lot of fans and they will be happy to see another Shiba faucet.
But it's not easy because you must keep an eye on people who want to earn more Shiba by using multiple accounts.
And usually the faucet site has advertisements on the site so that the site owner can also get additional income.
But I don't know where you can start learning to make faucets because I've never tried to make one.

Why Shiba and not other coins? Any coin has fans and investors, and we have more potential, quality coins than Shiba. Why choose the memecoin for your faucet business, and not the top coins? Furthermore, I think the faucet business is no longer relevant to today's market. Let's take a real example of ourselves, are you currently earning free coins from any faucet? Almost no one is interested in it even newbies. That's why the bitcoin faucet has been defunct for years now.

That's just an example but trying it with the Shiba faucet site is fine too, to see how much interest there is from the visitors.
Choosing a top coin like bitcoin as a faucet might not give good results because the reward they are receiving now is already very small.
They have to try for a long time before collecting a lot of satoshi.
But many people would be interested if it were a faucet for coins like Shiba or others where the price was still low.
That's why @OP must do research before making his choice in making a faucet site.

But bitcoin will have more value and potential than shitcoin with a supply of hundreds of billions of coins and an uncertain future. One reason people prefer bitcoin faucets over other faucets is because they don't want to waste their effort and time with uncertain future coins. Similar to when you invest, will you invest in bitcoin or shitcoin?

Honestly, I don't support this OP's idea as I think faucets are outdated, but if OP still decides to do faucet business then I think bitcoin should still be an option instead of shitcoin.

[TopTort777]

I have never understand the idea of running a faucet. I would understand if before claiming, a visitor was obliged to click on a link or watch a short add. But most faucet I've faced were passing captcha the be able to click claim. The cost of passing 1000 captcha was always lower than the amount users claimed after 1000 captcha solutions. So for me it was a unprofitable business. Placing hundreds of banners also was never a profitable solution for me. Almost nobody click on them. I understand faucets only in casinos. They force gamblers to visit casinos everytime they want to get a faucet claim. So what is the point of faucets? Hidden miner?

[Plaguedeath]

It's possible, but I don't think it's profitable anymore.

Most of people want to claim faucet when Bitcoin price is still cheap, now if you claim faucet it only give less than 100 Satoshi per hour, ask yourself, do you will claim it every hour if you were the people who looking to earn free Bitcoin?

Many people already know faucet is wasting time, so they will not do it again.

[legendbtc]

in the past, faucets really did provide a lot of profit for people who used them. However, nowadays, I've rarely heard of people using faucets. This is proof that faucets are no longer as profitable as they used to be. Some of the ways to make money from faucets are by taking advantage of agency advertising. However, right now I think the faucet won't attract that many visitors anymore.

That's the point OP should note. Faucets are out of favor these days, many faucet sites have also closed for this reason. So why are we in business that people no longer need? Just like we sell, we should sell what the customer needs, not what we have. That would only lead to our business failing quickly.

This is a pretty old business model, so I hope OP considers it carefully before making a decision to avoid wasting your time. The market is growing very fast and we need to keep up with the trend rather than going against the trend of the market.

[Unbunplease]

Of course, if a person has no money at all, the pennies he earns on faucets are not bad money for him. But I think that there are other ways to earn money - for example, solving captcha. And cranes - it's just a waste of time now - it used to be different, but the time has already passed