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Topic: Is it profitable to run a Bitcoin faucet in 2017 - page 11. (Read 10382 times)

hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
Yeah it can be profitable but you only have satoshi a smallest value and like what I am having faucet on mobile phones only run mobile faucets which has very slow satoshi earning balances. The small satoshi amounts earned will waste my time and I don't think that profit would be sustainable for a long time.
legendary
Activity: 1372
Merit: 1008
The answer is no. Unless you own a big site like freebitco.in, you will never earn anything from the faucet. Try to do something else which is more realistic and profitable. If I were you, I would open a bitcoin casino whenever I have enough money for it. More and more people are interested in the cryptos world and therefore, the number of cryptos gamblers also increases.
I think it is very likely you could make a profit, if you have innovated on the faucet and have a good strategy. so you can have a site like freebitco.in. Of course you can make a profit from the faucet
hero member
Activity: 994
Merit: 544
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?

Creating a faucet is both profitable and not. It is profitable if you create a large traffic that will make sure that you will earn huge profit. But if there are no traffic then the sites you advertise will not give you a penny and all you have is expenses without income. Before you launch your faucet make sure that you already have a marketing strategy to attract people to visit and claim in your faucet so there will be a good traffic flowing in. Next is you must also have a good system that is both an advantage for you and for the users. If you already have thought about it and has good plans then you are ready to go.
legendary
Activity: 1442
Merit: 1025
Faucet for bitcoin not any more but for altcoins yes, in first 2 or 3 years there was small numbers of transactions so faucets were helping with mining bitcoin but not now that we already have block size problems. there are already fair numbers of txs for miners to include, now that you've got the hint you should move on from this topic.
I guess there would be few significant differences between bitcoin faucets and altcoin faucets. But initial set up costs would be same but we can run a faucet with relatively low capital (in equivalent USD value) if we choose altcoin faucets. If you pay 0.001 in altcoin it will attract many users whereas bitcoin faucets are hardly paying 200 satoshi.
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Yes. If you use the right methods, then you may be able to earn a lot more in (advertisement) revenues when compared to the expenses. Keep in mind that you need to set a slightly harder threshold. If your faucet is giving 0.001 mBTC at a time, then make the threshold 0.1 mBTC. The user needs to visit the site 100 times, before he can withdraw the payment. Only a very few are going to have that much patience.

Correct. but this is only good for the beginner in this world. Like what you said you withdraw 0.1mbtc you needs to visit the site 100x, well that is really tiring and waste of time. Yes you earn but small amount of satshi only. In short its not profitable.

That is the point. It is not at all beneficial for the visitors. But the site owner can make money out of it, through the advertisement revenues. If 1,000 individuals visit this website every day, just 4 or 5 will have the patience to continuously doing it for 100 days.
hero member
Activity: 924
Merit: 506
Faucet for bitcoin not any more but for altcoins yes, in first 2 or 3 years there was small numbers of transactions so faucets were helping with mining bitcoin but not now that we already have block size problems. there are already fair numbers of txs for miners to include, now that you've got the hint you should move on from this topic.
legendary
Activity: 1218
Merit: 1000
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?
You must know if your site will have a good traffic and thanks to god. your faucet will be profitable but if your faucet will have gained a little traffic and it's not profitable for you and you must retire from its business. Too many the dead faucet site in this time. they can't encourage enough traffic to keep his site is life.
Make a faucet sites initially will have little traffic because it's new and not many people know. So had to do promotions or other means to develop the faucet site that was built. Indeed you are right a lot of faucet sites die because they do not have a good traffic so it does unattractive. Create a faucet site can still be profitable at this time because there are many who use the faucet to get a free bitcoin. Perhaps make a faucet sites by showing a lot of advertising will help because the advertisers who will pay you. Or creating a faucet with a gambling game will also make it attractive for someone who does not have the money and want to gamble will use the faucet to get capital for gambling. The point should be make faucet sites more attractive to attract people.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
The answer is no. Unless you own a big site like freebitco.in, you will never earn anything from the faucet. Try to do something else which is more realistic and profitable. If I were you, I would open a bitcoin casino whenever I have enough money for it. More and more people are interested in the cryptos world and therefore, the number of cryptos gamblers also increases.
legendary
Activity: 1218
Merit: 1007
I would argue that you're pushing your luck quite considerably, however it is possible that you can earn your money back plus some via a faucet system being set up on a domain that you own. it might have its own challenges, like bots and everything, but you can probably set up some business agreements so that you are able to make money regardless of that.
hero member
Activity: 812
Merit: 501
Investing in website or faucet is still provitable. When your faucet get thousand views everyday you can monetize your site from many sources like affiliates, PPC ads , native ads, pop under ads and you can sell your ad space on your own. the key is how to bring traffic to your site. I run some blogs and I put PPC ads with bitcoin and Google adsense.
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
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?

Yes it is still profitable but that depends on how you can get attract a lot of visitors that will claim satoshi to your site.

And probably 1 BTC is sustainable already to build your own faucet and that amount is already good for staring your own site.

Just set things out and do something different to attract claimers, you can also advertise it alone.
With 1 bitcoin is just more than enough, but be sure to keep changing the rewards to the possible lower without making you lose the visitor's interests. There's also something you will eventually get in touch to, and it's about faucet cheaters and bot, you need to improve your faucet security to prevent from getting cheated by people otherwise you will only losing your bitcoin without getting reward
legendary
Activity: 3472
Merit: 10611
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?

Bitcoin recently have quite high value , it means that you need spend quite high fund to operate the faucet
Just make sure that you able to cover operation cost ( hosting and faucet payrate ) and the right place to operate the faucet or you will got less even no visitor

I think 0.05 should be enough as starter !

I don't think that 0.05 BTC is going to be enough computing all the expenses, hosting and other scripts that you need. Make it half bitcoin or 0.5 BTC I think that is already sufficient for him to make his own faucet with wordpress or you mean that 0.05 BTC to be in his faucet excluding all the expenses as his starting balance.

technically you need much less to start a crappy faucet, you can even do it on free hosting sites as start and then move on to a better place, and besides the hosting that you use for a faucet doesn't have to be great since there is not going to be much traffic anyways.
people these days aren't going to spend lots of time for a stupid 100 to 1000 satoshi reward!
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
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?

Bitcoin recently have quite high value , it means that you need spend quite high fund to operate the faucet
Just make sure that you able to cover operation cost ( hosting and faucet payrate ) and the right place to operate the faucet or you will got less even no visitor

I think 0.05 should be enough as starter !

I don't think that 0.05 BTC is going to be enough computing all the expenses, hosting and other scripts that you need. Make it half bitcoin or 0.5 BTC I think that is already sufficient for him to make his own faucet with wordpress or you mean that 0.05 BTC to be in his faucet excluding all the expenses as his starting balance.
legendary
Activity: 1862
Merit: 1015
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?

Bitcoin recently have quite high value , it means that you need spend quite high fund to operate the faucet
Just make sure that you able to cover operation cost ( hosting and faucet payrate ) and the right place to operate the faucet or you will got less even no visitor

I think 0.05 should be enough as starter !
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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?
You must know if your site will have a good traffic and thanks to god. your faucet will be profitable but if your faucet will have gained a little traffic and it's not profitable for you and you must retire from its business. Too many the dead faucet site in this time. they can't encourage enough traffic to keep his site is life.
jr. member
Activity: 56
Merit: 10
Byteball: DAG, Built-in Chat, Conditional Payments
Considering the large number of faucets in circulation, I think any user willing to learn would be able to make one, but I think the biggest problem will be with marketing. You will have to use a good marketing strategy, so that your website stands out from the rest.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
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 think its profitable if you can make attracting design and not only make simple design, you can make reward little bit higher than other sites, don't take too long to roll, but for higher rewards, you need to careful because in out there, we can see there is a bot that will cheat the system so you need to keep an eye for your faucet site otherwise you will get empty to fast.
hero member
Activity: 3038
Merit: 634
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?

Yes it is still profitable but that depends on how you can get attract a lot of visitors that will claim satoshi to your site.

And probably 1 BTC is sustainable already to build your own faucet and that amount is already good for staring your own site.

Just set things out and do something different to attract claimers, you can also advertise it alone.
hero member
Activity: 1120
Merit: 502
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?
Running Bitcoin faucet this year is still profitable but the problem is the way you promote your faucet to gain more traffic and users.
hero member
Activity: 1820
Merit: 537
It depends on your faucet and i know if you run faucet you are legible and required to pay i am not sure if it is hosting but you will pay it monthly as your faucet site declared .My friend creates a Faucet site but unluckily his site is not known so he only lose money for that. So make sure if you want to run a faucet you can make it known to people who use to claim on faucets .
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