Topic: Is it profitable to run a Bitcoin faucet in 2017 (Read 10409 times)
It depends on how you manage your faucet and techniques to attract visitors.. I agree even newbies don't find them worthy of spending hours on faucets only to earn a few satoshi so it's no longer a profitable activity to run a faucet these days.
So now we're in 2018. I see mixed messages in regards to launching a faucet. What do you think? With more users entering the crypto-markets, do you believe in profitability of faucets? (as publisher)
Your content must be consistently interesting, attractive and retentive of course, there is no way you couldn't get those ads clicks when traffic is sufficient. I came across many faucets that just completing a plain captcha, or a simple activity that pays you dust what do you expect from such quality? Oh those pages are filled with 90% banners as well. The best suggestion i can give other than converting traffic is by integrating gamification/ UI - very important for retention, maybe introducing some new systematic ways that could grant your visitor more with rewards. Finally obviously is to do your math before running one, Definitely i still faucet is still profitable considering the increasing value of BTC.
Hi,
I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?
I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?
I think this is not profitable for you, you can buy ICO you can trust to add your bitcoin assets, if you make bitcoin faucet this year I think it is not very profitable.
With so many bitcoin faucets site shutting down monthly, I don't think it is really profitable to run a bitcoin faucet site considering the time and effort the site admin would have to dedicate to the site. If the amount of satoshis reward is too low per claim, attracting visitors to the site would be another huge problem for the admin.
Not too much of an effort - free hosting, wordpress, plugin - you have your faucet site running like in 10 minutes. Although promotion - is different issue...
With so many bitcoin faucets site shutting down monthly, I don't think it is really profitable to run a bitcoin faucet site considering the time and effort the site admin would have to dedicate to the site. If the amount of satoshis reward is too low per claim, attracting visitors to the site would be another huge problem for the admin.
When you’re starting out with your very own faucet you should be focused on making sure “the money machine works”. Meaning, if you put in traffic on one end, money will come out of the other end. You also want to test this out as quickly as possible, and the best way to do that is by using 3rd party code. So if you’re just launching your faucet I still suggest using Faucetbox. But as you grow you have to move away from them.
Keep in mind that hosting your own faucet isn’t all sunshine and rainbows. It means you’ll need to create your own management system (and that costs money). You’ll also have to take care of the payouts yourself, protect the faucet from scammers and secure the funds you are using for your payouts.
Keep in mind that hosting your own faucet isn’t all sunshine and rainbows. It means you’ll need to create your own management system (and that costs money). You’ll also have to take care of the payouts yourself, protect the faucet from scammers and secure the funds you are using for your payouts.
anyone run faucet here?
I don't think bitcoin faucets are as popular as they once used to be about two or three years ago. I agree even newbies don't find them worthy of spending hours on faucets only to earn a few satoshi so it's no longer a profitable activity to run a faucet these days. I have a friend who used to run a btc faucet till a few months ago but he had to permanently shut it down because he didn't find it to be profitable. The expenses incurred don't match the revenue gained from these faucets through ads.
Faucets are really waste of good time I mean. It takes one time yet not profitable. Many faucets site are crap and for btc, you might not hit the target set before withdraw. Faucets are not it & so, not a better way to acquire btc coin nor any other crypo
It depends on how you manage your faucet and techniques to attract visitors. If you would increase the bitcoin that can be claim and shorten the time to claim it I will assure you it will become profitable, and only few will ignore it. And maybe, this year 2017 can become a big help, because a lot of newbies joined and will join and soon tried faucet to earn while they are not earning through campaigns like I was before. And make sure your site will be more attractive than others. But it will be going to be quite hard I guess. Good luck.
There is already a lot of people knows what is bitcoin and that is why most of the newbies doesn't even try faucet sites because most of the old bitcoin users made them realized that bitcoin faucet is such a waste of time so the profitability of faucet site for bitcoin is really low or even a negative profit because even though you will increase the rate but it is not enough for them to use your site because they can earn more bitcoin from the other site rather than yours.
It depends on how you manage your faucet and techniques to attract visitors. If you would increase the bitcoin that can be claim and shorten the time to claim it I will assure you it will become profitable, and only few will ignore it. And maybe, this year 2017 can become a big help, because a lot of newbies joined and will join and soon tried faucet to earn while they are not earning through campaigns like I was before. And make sure your site will be more attractive than others. But it will be going to be quite hard I guess. Good luck.
I have learn that faucets are good like freebitco.in if the value of bitcoin is low because they have fix amount of prize so when bitcoin value is low and you were able to play faucets and keep your earnings in the long run after some quite time you can convert them into fiat and when the value of bitcoin increases you will have a good profit out of it.
Hi,
I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?
I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?
I think you can start without any investment, but without success.
If you invest some money, like for advertising the site and for buy a normal hosting (not wordpress) , maybe you can earn something
Hi,
I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?
I have a question regarding your own BTC faucet. Is it profitable to run it in 2017?
I was thinking to run it via WordPress.
What initial investment is needed?
It will be profitable only if you do it properly and right system for it. But I wonder, why Bitcoin faucets? there are other things here that you can build using bitcoin. But anyway, good luck t your plan about this things.
Crypto currency is now very interesting to many people and so I think that this will be interesting to many. But you need to attract many advertisers to your site. And clients
Now a days faucet-users are not making money out of faucet but the faucet runners making money out of faucet-users. It is far better to stay away from faucets for at lease bitcoin-related.
For me, its not profitable to run bitcoin faucet in 2017 because I think there will be no more people will be interested on faucet because its very cheap and its wasting much time just by collecting mbtc or satoshi. But if you run a bitcoin faucet that makes attract to people maybe there are some but you didn't profitable but its up to you, we don't know what real happen.
You are 100% wrong. Everyday, thousands, if not tens of thousands of new users are being gained by Bitcoin. Many of these new users try to get their first Satoshis from the faucet sites. If you could maintain a faucet site properly, then you can earn decent amounts of money out of it.
Even we're now struggling to know the exact amount of bitcoin users around this planet.
Depends on how many visitors are you getting on your site. It all boils down to the number of unique advertisements watch and daily traffic for you to get something from your faucet, otherwise you are just wasting money down the drain to pay for hosting and whatnot.
I really doubt it is profitable to run a bitcoin faucet this day, especially since adsense banned such sites. You can maybe monetize the traffic with pop ads network but i am still not sure it will cover your cost to operate a faucet. Sites like freebitco.in and moonbitcoin are able because they now have a good members base so they can sell cpm traffic. Also another problem with this type of traffic you get is you receive many hits from proxies vpn vps and no one is interested to buy such traffic as this never convert to anything
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