Author

Topic: Faucet Business (Read 1016 times)

legendary
Activity: 1526
Merit: 1179
February 16, 2017, 06:46:10 AM
#29
iam the operator of a faucet since 2 years now .
and ther is only small income / profit to make with it .
also iam trying to give as much as i can to my users.
but server costs and domain makes profit very small.


kind regards

This is because faucets aren't SUPPOSED to be profitable. You use them to bring in traffic for your real sites. You have to treat it like a business.
You're absolutely right, but the far majority of the faucets are only active because the people behind them only keep running them for the purpose of generating profits.

It's peanuts to get a faucet running with plenty of free to use scripts, but these people don't have any further knowledge on how to create a real business/project alongside the faucet.

They just go for the easy way in the hope that the faucet generates them more in ad revenue than what it costs them to pay people out, to maintain their vps/dedicated server and domain cost.

That's why a lot of these fun faucets are being shut down due to people ignoring faucets now the price has gone through the roof, resulting in rock bottom payouts.
hero member
Activity: 1022
Merit: 500
February 16, 2017, 03:22:42 AM
#28
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?
There are many faucets has been rise up in this business industry, even altcoin create their own faucets to attract their community to stay remain o the project they had. But mostly people get their faucets directly into bitcoin compare to altcoin faucets. I think faucet is only advisable for the beginners only.
legendary
Activity: 1988
Merit: 1007
February 16, 2017, 01:51:30 AM
#27
iam the operator of a faucet since 2 years now .
and ther is only small income / profit to make with it .
also iam trying to give as much as i can to my users.
but server costs and domain makes profit very small.


kind regards

This is because faucets aren't SUPPOSED to be profitable. You use them to bring in traffic for your real sites. You have to treat it like a business.
legendary
Activity: 1582
Merit: 1031
February 15, 2017, 01:21:02 PM
#26
iam the operator of a faucet since 2 years now .
and ther is only small income / profit to make with it .
also iam trying to give as much as i can to my users.
but server costs and domain makes profit very small.


kind regards
legendary
Activity: 1106
Merit: 1000
February 15, 2017, 12:29:12 PM
#25
If you (OP) wants to run business related to faucet, I think you should start to try run a faucet rotator, don't need a lot cost, even it can running with zero cost if you able to do a programming and developing.
The important thing to success in faucet rotator is the marketing.
legendary
Activity: 1652
Merit: 1088
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February 15, 2017, 11:36:09 AM
#24
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?

It used to be profitable, but stopped last year when Google banned faucet sites from their Adsense program.

Adsense used to pay quite well, whereas other ad networks pay pitifully, they don't pay enough to cover costs. A lot of faucet sites closed down after the Adsense ban. So that business model is dead and buried.
legendary
Activity: 1120
Merit: 1000
February 15, 2017, 09:44:25 AM
#23
Thanks everyone for your valuable input. So I guess its a NO. Actually one friend of mine recently started couple of ethercoin faucets, are altcoin faucets worth it or their result must be same too now?
Actually faucets are waste of time, however claiming some altcoins from faucet might be a good way, i personally claiming some altcoins like Litecoin, ripple, apple byte and so on, and i still do that, always looking for new altcoin to collect them, i mean their price would be up, that's why i prefer to claim altcoin than bitcoin due to bitcoin's rate on faucet is too low, you can earn much bitcoin if you have lot of referrals.
So for this reason i might say that altcoin's faucet is not bad though, especially popular coin like etherum so that you must promote your site to etherum comunity.
sr. member
Activity: 2254
Merit: 258
February 15, 2017, 08:19:19 AM
#22
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?

Bitcoin faucet is not popular as it used to,because the rewards are to small  and the captchas are to many to solve,the only captcha job I'm in right now is the mrai,unlimited mrai you can convert to satoshis you can easily earn 200 satoshis here in 5 seconds
legendary
Activity: 3234
Merit: 1375
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February 15, 2017, 07:37:39 AM
#21
Thanks everyone for your valuable input. So I guess its a NO. Actually one friend of mine recently started couple of ethercoin faucets, are altcoin faucets worth it or their result must be same too now?
Altcoin faucets isn't very popular, it means small earnings from advertisements. But good part of altcoin faucets that there are less bots and fraudsters who are trying to steal coins from faucet.
I saw that some faucet owners said that simple faucets (enter btc address, solve captcha, receive coins) have no future. They have to offer to users something more - faucet based game, dice faucet and so on.
legendary
Activity: 1386
Merit: 1058
February 15, 2017, 06:54:09 AM
#20
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?
It is a tug or war. You need huge initial investments to attract more users and to stay competitive.

There are thousands of faucets already in the market, why a user will visit your site ?
If you have solid answer for this question then you might get chances to make your faucet a grand success.

You need to fix faucet pay out attractive and competitive and then need to choose your advertising network carefully like reasonably paying but should not freeze your account for any reason like google ad-sense frequently doing with many publishers.
hero member
Activity: 700
Merit: 500
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February 15, 2017, 06:08:49 AM
#19
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?
- If you want to start from scratch than you better not spend your valuable time in it.
- Profit from running faucet may be only enough to pay your users.
- I have tried few months ago but i have loss so much so left the idea of running a faucet.
- Even after running for two months i was not earning enough to pay my users.
member
Activity: 112
Merit: 10
February 15, 2017, 04:14:09 AM
#18
Faucet business can works if you get a good amount of traffic from the targeted country that advertising company aim for. It can get you some profit, but not rich.
hero member
Activity: 644
Merit: 500
February 15, 2017, 02:37:55 AM
#17
bitcoin price incraese very high , faucet Business not competitif return again
if reward is down , visitor not want visit youre faucet site, but if still use high reward you can't profit
sr. member
Activity: 490
Merit: 251
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February 15, 2017, 12:22:07 AM
#16
I think the profit earned by accepting advertisements to your sites, also try reading this op https://99bitcoins.com/making-money-from-bitcoin-faucets-heres-what-ive-learned/

Business itself is completely saturated and when the guy from 99bitcoins was running a faucet he was able to use google adsense for a good amount of time, which allowed him to make a profit for sometime. Big problem at the moment is the fluctuation of price in bitcoin which could be the difference between profit and loss.

Avoid this at all costs OP, find a different venture.
hero member
Activity: 714
Merit: 500
February 14, 2017, 11:39:19 PM
#15
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?

I think is faucet business is over. is no longer viable for user or owner.
There is not adequate advertisements network, where you can earn enough for fill faucet balance and that they left the coffee and beer. Now is faucet just wasting time

Thanks everyone for your valuable input. So I guess its a NO. Actually one friend of mine recently started couple of ethercoin faucets, are altcoin faucets worth it or their result must be same too now?
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
February 14, 2017, 03:04:39 PM
#14
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?
It's not worth going through all the troubles to be honest. There are lots of competition out there right now. Making any typical faucet won't get you anywhere. You need to be unique and give users something new. You must take precautions and make sure people are not abusing the faucet in any way. Should make sure that your faucet is invulnerable to bots and make strong anti-bot scripts. Any mistakes and you might end up losing money.
legendary
Activity: 1988
Merit: 1007
February 14, 2017, 02:51:53 PM
#13
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?

You don't do it to profit off the faucet. You use the faucet as a funnel for other businesses. You won't make anything otherwise.
legendary
Activity: 1652
Merit: 1007
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February 14, 2017, 12:53:15 PM
#12
You re way, way too late for this to be profitable. Besides a few top shelf faucets, the rest only attracts people from low income country which translates into useless marketing cause these people do not buy advertised stuff.

All in all, not worth it.
hero member
Activity: 1190
Merit: 525
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February 14, 2017, 12:46:50 PM
#11
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?

It can be profitable if you have programming knowledge and if you can use adsense. Using another ads networks won't give you enough profit to share with your users and to make profit for yourself. The profit comes from original and creative projects, so you need to create it from your own mind. You can check Micro Earnings section to have some ideas about what to do by looking the favorite sites features. If you don't have knowledge about it, better to don't try, the investment won't worth.
legendary
Activity: 1400
Merit: 1009
February 14, 2017, 12:37:38 PM
#10
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?
I would say it's not worth starting a faucet site. you should build something real! like a game, where one could play and earn. it would be much more interesting and engaging than faucet and will fetch you more profit.
legendary
Activity: 994
Merit: 1000
February 14, 2017, 09:12:25 AM
#9
No i don't think running bitcoin faucet is still profitable, you may have to spend lots of bitcoin in starting days without any income from ads because of low traffic. And if you failed to keep users engaging in your faucet or make them atleast come once a day, all of your marketing effort will fail.

If you like to take this risk and will be happy to spend few bitcoin out of your pocket in starting days than you can try starting a faucet but don't forget to add some engaging content like games in your faucet.
legendary
Activity: 1666
Merit: 1001
February 14, 2017, 08:45:05 AM
#8
I don't think that is a good idea, there are a lot of faucets nowadays and most of them was closed down because of bankrupt and not to mention there are a lot of people will try to scam your site by creating multiple account and it is really hard to attract people to advertise in your site, so it really need a lot of work to make faucet works
sr. member
Activity: 308
Merit: 250
February 14, 2017, 07:41:15 AM
#7
you heard of the brave browser?

i think you should focus in that direction
legendary
Activity: 3122
Merit: 1398
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February 14, 2017, 07:39:49 AM
#6
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?

Back in the days where bitcoin faucet is still active on bitcoin industry, most of the people not really get a good returns out of creating a faucet so just imagine how it will be if it will be done today.

Right now, only those faucet/s that really put money, work and effort (like freebitco.in) is/are the one that is fully standing today.

If a person will just start today, I doubt it will become succesful. So for me, it's not profitable anymore to run a faucet today. But if people wants to take the risk then they can proceed in building a new one and see how the stats will goes for a long term.
legendary
Activity: 1878
Merit: 1038
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February 14, 2017, 07:21:48 AM
#5
When google adsense stopped paying to faucets that business was over. Now only a few well known ones are making profit if you want to start new one it will definitelly fail.
legendary
Activity: 3472
Merit: 3507
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February 14, 2017, 04:41:58 AM
#4
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?

I think is faucet business is over. is no longer viable for user or owner.
There is not adequate advertisements network, where you can earn enough for fill faucet balance and that they left the coffee and beer. Now is faucet just wasting time
newbie
Activity: 34
Merit: 0
February 14, 2017, 02:46:09 AM
#3
I think the profit earned by accepting advertisements to your sites, also try reading this op https://99bitcoins.com/making-money-from-bitcoin-faucets-heres-what-ive-learned/
staff
Activity: 3500
Merit: 6152
February 14, 2017, 02:43:02 AM
#2
As a start , I personally think there is simply too much faucets out there and In order to earn some income from ads you will need a lot of traffic . And to have that , you may want to hire professional designers and coders to make sure everything is perfect and the faucet is 100% working against bots otherwise you will be losing money instead of earning and not to forget that you should pay users more then the other faucets and always keeping it profitable to you.
hero member
Activity: 714
Merit: 500
February 14, 2017, 02:36:56 AM
#1
Is starting a bitcoin Faucet worth the input effort and investment? Is the profit earned by running the faucet provides decent income? Has anyone invested in such venture? How was your experience?
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