How much fund for faucet needed for 1 week ?

BitcoinAddicts

hero member

Activity: 502

Merit: 500

Quote from: Small on December 29, 2014, 05:05:02 AM

Quote from: SpreadBit on December 29, 2014, 03:35:42 AM

Quote from: fildza on December 26, 2014, 01:04:52 PM

Hi, I just want to know how much are needed to run a faucet for 1 week with average about 1000 satoshi / 1 hour

If you get 100 users everyday, it will be 1000x100x24 = 0.02400000 BTC everyday.
Which will make it 0.024x7 = 0.168 BTC

Average visitors for my faucet is 2000 Sad

meaning 20x of that

yes
it should be 3.36BTC as per your given info
it all depends on your hourly payout and total number of users
but it is always less then this because no user is able to claim their rewards from faucets for complete 24 hours

Small

sr. member

Activity: 266

Merit: 250

Grow SMALL amount of BTC by earning it

Quote from: SpreadBit on December 29, 2014, 03:35:42 AM

Quote from: fildza on December 26, 2014, 01:04:52 PM

Hi, I just want to know how much are needed to run a faucet for 1 week with average about 1000 satoshi / 1 hour

If you get 100 users everyday, it will be 1000x100x24 = 0.02400000 BTC everyday.
Which will make it 0.024x7 = 0.168 BTC

Average visitors for my faucet is 2000 Sad

meaning 20x of that

SpreadBit

full member

Activity: 154

Merit: 100

SatoshiBet.com ✯ Bitcoin Casino Games

Quote from: fildza on December 26, 2014, 01:04:52 PM

Hi, I just want to know how much are needed to run a faucet for 1 week with average about 1000 satoshi / 1 hour

If you get 100 users everyday, it will be 1000x100x24 = 0.02400000 BTC everyday.
Which will make it 0.024x7 = 0.168 BTC

Clint

sr. member

Activity: 378

Merit: 250

Quote from: Small on December 29, 2014, 02:31:50 AM

For 1000 Satoshi per hour you'll actually need 0.3 - 0.4 BTC
at 150 per hour it's already about 0.05 per week..

faucets like moonbit.co.in and faucet.bitcoinzebra.com is paying more than 3BTC/week.. it all depende on your visitors

Small

sr. member

Activity: 266

Merit: 250

Grow SMALL amount of BTC by earning it

For 1000 Satoshi per hour you'll actually need 0.3 - 0.4 BTC
at 150 per hour it's already about 0.05 per week..

activebiz

hero member

Activity: 518

Merit: 500

1000 sat per hour seems a bit too high.
if you have 500 active visitors solving a captcha every 2 hours for 1000 sat each time ull need upto 0.4 btc for a week.

sifter

hero member

Activity: 574

Merit: 500

CoinBooster Rep

I would say around 0.05 for a week.

Icardi09

sr. member

Activity: 476

Merit: 250

Quote from: LOBSTER on December 28, 2014, 05:15:15 AM

I think faucets like freebitco.in need up to .1BTC per week!

yes, if the faucet with big traffic like freebitco
but for new faucet, i think 0.01-0.015 BTC is enough

SirChiko

legendary

Activity: 966

Merit: 1000

Quote from: Small on December 27, 2014, 04:39:38 AM

I had to spend about 0.01 for one week.
Yeah :/ it's that bad

That bad? You can make way more back from adiversments after you will become known.

byteSized

member

Activity: 60

Merit: 10

Quote from: JessicaSe on December 26, 2014, 01:16:39 PM

if you want to say total amount 1000 satoshi/hour
then it should be something like this
1000*24*7=168000 satoshi = 0.00168 BTC

or if it was 1000 satoshi/hour per visitors then it will depends on how much your faucet is popular and how much users it get everyday

Maybe you just budget 0.00168*100 = 0.168 btc for now?

You'd have to consider that it won't get a lot of people right away.

But I suggest lowering your rates. Maybe 500 an hour could be better?

LOBSTER

hero member

Activity: 560

Merit: 500

I think faucets like freebitco.in need up to .1BTC per week!

Q7

sr. member

Activity: 448

Merit: 250

For you to accurately come up with the total cost you need to spend per week, you also need to estimate how many clicks from visitors you are getting per hour. You will then need to consider your overall expenditure like hosting, domain renewal and from there only can you determine whether amount you are getting from advertiser is worth it and whether it will end up profit or loss.

Advertisers nowadays pay by per impression rather than per click which I think is better since viewers nowadays are pretty immune to ads. It will be difficult in the early stage and I don't know how you can sustain that but I would suggest you put a cap on the amount of satoshi awarded per day or raise the minimum payout amount to higher level.

Itun

full member

Activity: 238

Merit: 100

There are definitely going to be more costs than the faucet giveaways themselves.

Even that number is going to heavily vary based on the traffic.

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Considering that you also need to pay for webhosting, ddos protection, etc. You would probably need at least 0.1BTC per week. If your website gets added to a faucet rotator, be prepared to spend twice or thrice more.

desertfox470

sr. member

Activity: 542

Merit: 251

It would be about 168K satoshi, although you might end up paying out more. I would suggest that you get advertisers first.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: fildza on December 26, 2014, 01:04:52 PM

Hi, I just want to know how much are needed to run a faucet for 1 week with average about 1000 satoshi / 1 hour

If you do have a faucet I would make sure it can cover it if worried about running out that is bad. You will loose people if you run out.

Small

sr. member

Activity: 266

Merit: 250

Grow SMALL amount of BTC by earning it

I had to spend about 0.01 for one week.
Yeah :/ it's that bad

Sonny

hero member

Activity: 868

Merit: 1000

Quote from: TrailingComet on December 27, 2014, 12:02:38 AM

Are faucets economic at all?
I was under the impression that ad rates have plummeted to the point that faucet campaigns are pretty much unviable now?

Not sure about those smaller and less popular faucets, but for those popular ones, they are definitely generating a nice ad revenue from traffic.
For example, freebitco.in is paying on average over 5000 satoshi every time you claim it, but the site is still able to run without problem.

TrailingComet

sr. member

Activity: 462

Merit: 250

Are faucets economic at all?
I was under the impression that ad rates have plummeted to the point that faucet campaigns are pretty much unviable now?

Sonny

hero member

Activity: 868

Merit: 1000

Quote from: fildza on December 26, 2014, 01:04:52 PM

Hi, I just want to know how much are needed to run a faucet for 1 week with average about 1000 satoshi / 1 hour

1000 satoshi an hour? That rate is a bit too high to be sustainable for a new faucet IMO, as you won't be able to sell your ad spaces at a good price in the beginning.

Topic: How much fund for faucet needed for 1 week ? (Read 1501 times)