Would running a faucet be profitable today?

eternalgloom

legendary

Activity: 1792

Merit: 1283

Quote from: ShopemNL on August 17, 2015, 01:57:05 AM

Quote from: eternalgloom on August 16, 2015, 07:26:50 PM

Quote from: ShopemNL on August 15, 2015, 01:16:28 PM

Quote from: jacktheking on August 15, 2015, 08:48:59 AM

Quote from: eternalgloom on August 15, 2015, 07:37:20 AM

Quote from: jacktheking on August 14, 2015, 10:45:10 PM

I think it's too risky to run a typical faucets nowadays. Well, I mean... it is hard to calculate the amount of Bitcoin you're giving out and what you're earning for ads. Thus, I created BitRevenues. A service which share it revenues to its users. I will be earning at least 0.01 BTC every time a round ended. There's no need to do mass calculation to find out if you get a profit. You just need to predict when will a round end and minus it from the hosting and domain fees - the result is your profit.

.

I wouldn't say running a faucet is risky, the initial investment you'd have to make to have one up and running is actually pretty low, if you could build the faucet yourself.

Well. I agree that the initial investment we have to make is very low. However, the problem is the calculation part. Whereas, you need to calculate every now a then so as to make sure you will not give out more satoshi than you make.

This is easy, just put all the giveaways in a database en sum them up month by month and compare them with your add income

Yeah this is how I had planned to do it. Do you have any idea of the popularity of faucets nowadays?

I have no idea, that is why i want to try it myself someday, to many projects =]

Yeah same here, this seemed like something I could get done quickly, but the more I look into it, the more time I reckon I need

Jrap

newbie

Activity: 44

Merit: 0

You need a lot of traffic in orderfor it to become profitable. Good luck with it!

ShopemNL

legendary

Activity: 1025

Merit: 1001

Quote from: eternalgloom on August 16, 2015, 07:26:50 PM

Quote from: ShopemNL on August 15, 2015, 01:16:28 PM

Quote from: jacktheking on August 15, 2015, 08:48:59 AM

Quote from: eternalgloom on August 15, 2015, 07:37:20 AM

Quote from: jacktheking on August 14, 2015, 10:45:10 PM

I think it's too risky to run a typical faucets nowadays. Well, I mean... it is hard to calculate the amount of Bitcoin you're giving out and what you're earning for ads. Thus, I created BitRevenues. A service which share it revenues to its users. I will be earning at least 0.01 BTC every time a round ended. There's no need to do mass calculation to find out if you get a profit. You just need to predict when will a round end and minus it from the hosting and domain fees - the result is your profit.

.

I wouldn't say running a faucet is risky, the initial investment you'd have to make to have one up and running is actually pretty low, if you could build the faucet yourself.

Well. I agree that the initial investment we have to make is very low. However, the problem is the calculation part. Whereas, you need to calculate every now a then so as to make sure you will not give out more satoshi than you make.

This is easy, just put all the giveaways in a database en sum them up month by month and compare them with your add income

Yeah this is how I had planned to do it. Do you have any idea of the popularity of faucets nowadays?

I have no idea, that is why i want to try it myself someday, to many projects =]

eternalgloom

legendary

Activity: 1792

Merit: 1283

Quote from: ShopemNL on August 15, 2015, 01:16:28 PM

Quote from: jacktheking on August 15, 2015, 08:48:59 AM

Quote from: eternalgloom on August 15, 2015, 07:37:20 AM

Quote from: jacktheking on August 14, 2015, 10:45:10 PM

I think it's too risky to run a typical faucets nowadays. Well, I mean... it is hard to calculate the amount of Bitcoin you're giving out and what you're earning for ads. Thus, I created BitRevenues. A service which share it revenues to its users. I will be earning at least 0.01 BTC every time a round ended. There's no need to do mass calculation to find out if you get a profit. You just need to predict when will a round end and minus it from the hosting and domain fees - the result is your profit.

.

I wouldn't say running a faucet is risky, the initial investment you'd have to make to have one up and running is actually pretty low, if you could build the faucet yourself.

Well. I agree that the initial investment we have to make is very low. However, the problem is the calculation part. Whereas, you need to calculate every now a then so as to make sure you will not give out more satoshi than you make.

This is easy, just put all the giveaways in a database en sum them up month by month and compare them with your add income

Yeah this is how I had planned to do it. Do you have any idea of the popularity of faucets nowadays?

ShopemNL

legendary

Activity: 1025

Merit: 1001

Quote from: jacktheking on August 15, 2015, 08:48:59 AM

Quote from: eternalgloom on August 15, 2015, 07:37:20 AM

Quote from: jacktheking on August 14, 2015, 10:45:10 PM

I think it's too risky to run a typical faucets nowadays. Well, I mean... it is hard to calculate the amount of Bitcoin you're giving out and what you're earning for ads. Thus, I created BitRevenues. A service which share it revenues to its users. I will be earning at least 0.01 BTC every time a round ended. There's no need to do mass calculation to find out if you get a profit. You just need to predict when will a round end and minus it from the hosting and domain fees - the result is your profit.

.

I wouldn't say running a faucet is risky, the initial investment you'd have to make to have one up and running is actually pretty low, if you could build the faucet yourself.

Well. I agree that the initial investment we have to make is very low. However, the problem is the calculation part. Whereas, you need to calculate every now a then so as to make sure you will not give out more satoshi than you make.

This is easy, just put all the giveaways in a database en sum them up month by month and compare them with your add income

jacktheking

legendary

Activity: 1484

Merit: 1001

Personal Text Space Not For Sale

Quote from: eternalgloom on August 15, 2015, 07:37:20 AM

Quote from: jacktheking on August 14, 2015, 10:45:10 PM

I think it's too risky to run a typical faucets nowadays. Well, I mean... it is hard to calculate the amount of Bitcoin you're giving out and what you're earning for ads. Thus, I created BitRevenues. A service which share it revenues to its users. I will be earning at least 0.01 BTC every time a round ended. There's no need to do mass calculation to find out if you get a profit. You just need to predict when will a round end and minus it from the hosting and domain fees - the result is your profit.

.

I wouldn't say running a faucet is risky, the initial investment you'd have to make to have one up and running is actually pretty low, if you could build the faucet yourself.

Well. I agree that the initial investment we have to make is very low. However, the problem is the calculation part. Whereas, you need to calculate every now a then so as to make sure you will not give out more satoshi than you make.

eternalgloom

legendary

Activity: 1792

Merit: 1283

Quote from: jacktheking on August 14, 2015, 10:45:10 PM

I think it's too risky to run a typical faucets nowadays. Well, I mean... it is hard to calculate the amount of Bitcoin you're giving out and what you're earning for ads. Thus, I created BitRevenues. A service which share it revenues to its users. I will be earning at least 0.01 BTC every time a round ended. There's no need to do mass calculation to find out if you get a profit. You just need to predict when will a round end and minus it from the hosting and domain fees - the result is your profit.

.

I wouldn't say running a faucet is risky, the initial investment you'd have to make to have one up and running is actually pretty low, if you could build the faucet yourself.

jacktheking

legendary

Activity: 1484

Merit: 1001

Personal Text Space Not For Sale

I think it's too risky to run a typical faucets nowadays. Well, I mean... it is hard to calculate the amount of Bitcoin you're giving out and what you're earning for ads. Thus, I created BitRevenues. A service which share it revenues to its users. I will be earning at least 0.01 BTC every time a round ended. There's no need to do mass calculation to find out if you get a profit. You just need to predict when will a round end and minus it from the hosting and domain fees - the result is your profit.

.

ShopemNL

legendary

Activity: 1025

Merit: 1001

Quote from: alva5763 on August 13, 2015, 10:39:44 AM

I take that with a faucet rotator you are only collecting from referrals. You do not have to give out any satoshi to visitors but you do not make anything on ads?

True this is an option aswell, just iframe faucets =] Something like this

alva5763

sr. member

Activity: 451

Merit: 250

I take that with a faucet rotator you are only collecting from referrals. You do not have to give out any satoshi to visitors but you do not make anything on ads?

ShopemNL

legendary

Activity: 1025

Merit: 1001

Quote from: OBAViJEST on August 13, 2015, 09:19:54 AM

I really need to start catching up on learning web development. This could be an easy project for me to work on, on the side...if I only knew where to start.

It is easy

1) Create a randomizer that picks a random price (or do one prize like 0.00001 btc or something)
2) Connect to the blockain api (easyest way) to transfer bitcoins from your account to theres
3) Signup for some refferal casinos and place the ads on your website

OBAViJEST

hero member

Activity: 714

Merit: 500

I really need to start catching up on learning web development. This could be an easy project for me to work on, on the side...if I only knew where to start.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

Quote from: Miklagard on August 13, 2015, 08:43:26 AM

Why not combine the two?

We are aiming at creating a faucet AND another faucet rotator which will have our faucet at first and move along for hundreds of other faucets.

If you can manage it, why not, but it's need to more effort for manage both.
i'm sure your coins will be circulation for refund faucet balance.

ShopemNL

legendary

Activity: 1025

Merit: 1001

Quote from: pehchan on August 13, 2015, 09:01:01 AM

Quote from: ShopemNL on August 13, 2015, 04:05:32 AM

Quote from: pehchan on August 13, 2015, 03:43:00 AM

Quote from: coinableS on August 12, 2015, 11:46:15 PM

Quote from: pehchan on August 12, 2015, 01:40:51 PM

I just planned to start faucet with faucetbox & gradually go for custom script with earning, just in 2 days thousands of visitors came for claim, I immediately need google adsense, But don't know if they approve my site or not, as it is one week old domain only.

Do you have a youtube and an older domain laying around? You can register for adsense on your youtube account and then connect an older domain for approval. Once approved you can put ads on any site as long as you add it to your adsense admin/dashboard without further approval.

That is the reason, I don't have old domain, Is it I have to wait 6 months to get adsense approval now, then it is too bad, as I am not able to see any good site for earning through my faucet.

Why do you only want to use Adsense? Adsense is ppc when you can have ppv? Like many people would click the adds right? No, instead the following would be more intrested;

- Placing adds with referal links to casino's and so
- Placing adds with referal links to other faucet (a faucet list)
- Selling adds space for btc on it (i forgot the name of the website)
- Social Media (Add twitter, facebook and sell messages/tweets)
- YouTube (Make a youtube video thats shows you get free bitcoins)
- Make your own faucet script, so you can control the outcome, make one with a jackpot like 1/1000 will win jackpot of 0.01 btc or something like that

Thanks for giving this tips, but this is all headache for new user like me & it will take lot of time & I always have to search for new advertisers or affiliate program.

If I get adsense then all headache is of adsense & they always having new advertisers to show for my faucet users.

True, im in this business for a long time now so i know my why. Might even create a new faucet script that fits my wishes =] (Just because i could not find any online that matches it).

Its simple, if you want to play it simple and might not even break even (depends on the domain name and your skills aswell) then use Adsense, if you want make some more add a faucet list + refferal links and banners on your page and you might gain some money

pehchan

newbie

Activity: 23

Merit: 0

Quote from: ShopemNL on August 13, 2015, 04:05:32 AM

Quote from: pehchan on August 13, 2015, 03:43:00 AM

Quote from: coinableS on August 12, 2015, 11:46:15 PM

Quote from: pehchan on August 12, 2015, 01:40:51 PM

I just planned to start faucet with faucetbox & gradually go for custom script with earning, just in 2 days thousands of visitors came for claim, I immediately need google adsense, But don't know if they approve my site or not, as it is one week old domain only.

Do you have a youtube and an older domain laying around? You can register for adsense on your youtube account and then connect an older domain for approval. Once approved you can put ads on any site as long as you add it to your adsense admin/dashboard without further approval.

That is the reason, I don't have old domain, Is it I have to wait 6 months to get adsense approval now, then it is too bad, as I am not able to see any good site for earning through my faucet.

Why do you only want to use Adsense? Adsense is ppc when you can have ppv? Like many people would click the adds right? No, instead the following would be more intrested;

- Placing adds with referal links to casino's and so
- Placing adds with referal links to other faucet (a faucet list)
- Selling adds space for btc on it (i forgot the name of the website)
- Social Media (Add twitter, facebook and sell messages/tweets)
- YouTube (Make a youtube video thats shows you get free bitcoins)
- Make your own faucet script, so you can control the outcome, make one with a jackpot like 1/1000 will win jackpot of 0.01 btc or something like that

Thanks for giving this tips, but this is all headache for new user like me & it will take lot of time & I always have to search for new advertisers or affiliate program.

If I get adsense then all headache is of adsense & they always having new advertisers to show for my faucet users.

Miklagard

newbie

Activity: 12

Merit: 0

Why not combine the two?

We are aiming at creating a faucet AND another faucet rotator which will have our faucet at first and move along for hundreds of other faucets.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

I prefer to running faucet rotator, which you don't need to deposit your money and you still earn from reff commision and ads network.

CryptyMike

full member

Activity: 290

Merit: 127

I own some prime domains for a faucet imo, if anyone is interested in making one perhaps. I just cannot handle the tech side.

ShopemNL

legendary

Activity: 1025

Merit: 1001

Quote from: pehchan on August 13, 2015, 03:43:00 AM

Quote from: coinableS on August 12, 2015, 11:46:15 PM

Quote from: pehchan on August 12, 2015, 01:40:51 PM

I just planned to start faucet with faucetbox & gradually go for custom script with earning, just in 2 days thousands of visitors came for claim, I immediately need google adsense, But don't know if they approve my site or not, as it is one week old domain only.

Do you have a youtube and an older domain laying around? You can register for adsense on your youtube account and then connect an older domain for approval. Once approved you can put ads on any site as long as you add it to your adsense admin/dashboard without further approval.

That is the reason, I don't have old domain, Is it I have to wait 6 months to get adsense approval now, then it is too bad, as I am not able to see any good site for earning through my faucet.

Why do you only want to use Adsense? Adsense is ppc when you can have ppv? Like many people would click the adds right? No, instead the following would be more intrested;

- Placing adds with referal links to casino's and so
- Placing adds with referal links to other faucet (a faucet list)
- Selling adds space for btc on it (i forgot the name of the website)
- Social Media (Add twitter, facebook and sell messages/tweets)
- YouTube (Make a youtube video thats shows you get free bitcoins)
- Make your own faucet script, so you can control the outcome, make one with a jackpot like 1/1000 will win jackpot of 0.01 btc or something like that

pehchan

newbie

Activity: 23

Merit: 0

Quote from: coinableS on August 12, 2015, 11:46:15 PM

Quote from: pehchan on August 12, 2015, 01:40:51 PM

I just planned to start faucet with faucetbox & gradually go for custom script with earning, just in 2 days thousands of visitors came for claim, I immediately need google adsense, But don't know if they approve my site or not, as it is one week old domain only.

Do you have a youtube and an older domain laying around? You can register for adsense on your youtube account and then connect an older domain for approval. Once approved you can put ads on any site as long as you add it to your adsense admin/dashboard without further approval.

That is the reason, I don't have old domain, Is it I have to wait 6 months to get adsense approval now, then it is too bad, as I am not able to see any good site for earning through my faucet.

Topic: Would running a faucet be profitable today? (Read 3098 times)