How Much Money Can You Actually Make from Bitcoin Faucets (February 2016 Update)

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Last updated on October 13th, 2017 at 12:12 am

If you’re new here, then you should probably know that these series of posts are about how you can make money from Bitcoin faucets. If you don’t know what a faucet is or if this is the first post of this series you’re reading, my advice to you is to read the original post first and then just follow along with all of the updates. If you’ve already read the previous posts, then welcome to the latest update! :)

February has been a very rough month for Milli. Not only did it have only 29 days (meaning two less days of profit), but I also had A LOT of issues with my hosting provider and SSL certificate (more on that in a moment). However, I feel that some of the biggest advancements I’ve made until today were actually done throughout February.

Milli has matured to a sustainable, profitable and popular website. Now, there are many things I can talk about regarding running a faucet, but since I know that the attention span of the average reader is limited, I’ll try to focus on the top five or six things that I feel made the most difference.

The Captcha tragedy – Making lemonade out of lemons

One morning, I wake up and receive an email from FunCaptcha stating the following:

“Your Free account trial ends on February 1, 2016 and we hope you’ve enjoyed the experience. By upgrading to a Plus account now, you’ll ensure your service is not interrupted and can take full advantage of our premium CAPTCHA solution. If you do not upgrade by this date, your account will be closed and yourFunCaptcha will no longer work.”

Of course, I immediately contact FunCaptcha’s support only to realize that with the amount of traffic I have, upgrading to a plus account will cost around $500/month. So I guess that’s out of the question…

I was left with only three other Captcha providers – Are You Human?, Recaptcha (by Google) and SolveMedia. I was afraid that changing the Captcha would affect the user experience of my site and would eventually bring down profits.

In the end, I decided to go with SolveMedia, but what I discovered as a result was mind-blowing…

Apparently, you can make money out of solving Captchas. So, if you have a lot of traffic that solves Captchas on your site, that can become an additional income stream. The way this works is that once in a while, instead of typing in a specific word, the Captcha will ask you to describe a brand with one or more words. This, in turn, translates to revenue.

SolveMedia captcha

SolveMedia is as easy to set up as any other Captcha provider. The only thing you want to make sure of is that your Captcha mode is set to “revenue” and not to “security”. Don’t worry, you’ll still have basic Captcha security, but you’ll also be making money (you’ll see how much by the end of this post).

SolveMedia revenue

Migrating to a new server

Two technical changes I’ve made to Milli were to switch to a more reliable server and to add an SSL certificate. An SSL certificate is just a way to allow your website to appear on https:// instead of http://. It basically makes the website more secure, and most hosting providers will be happy to assist you with getting one. It does, however, have a cost. The main reason I added an SSL certificate, other than security, is to help Milli rank better on Google for specific terms (rumor has it that Google prefers https websites over http websites).

Changing servers, however, was due to the fact that my original server was failing under the load. If you’re just starting out with your faucet, then it’s totally fine and even preferable to use a cheap shared hosting solution like Bluehost. But once the traffic starts to ramp up, you want a hosting provider that can cope with that traffic easily, and even more importantly, that has a SUPER dedicated support team.

I ended up moving my hosting to a company called WiredTree. They offer VPS services (Virtual Private Server) that are much more robust than shared hosting. Also, they answer any support ticket you open within 30 minutes max. But service, of course, comes with a price, and I now pay $49/month instead of the $4/month I used to pay. All things considered, it’s worth it; as Milli grows bigger and bigger, I need to make sure it’s as stable as possible, since once you lose a customer, they rarely come back.

Google Adwords busts down on major faucets

Throughout February, Google decided to close shop for many of the Bitcoin faucets out there. This means that the majority of faucets got banned from the most profitable ad network available. I initially noticed this when I saw that BitcoinZebra, one of the biggest faucets around, was up for sale.

But BitcoinZebra was not the only major faucet to take a hit. RobotCoin, Farmtoshi and many other popular faucets also got banned. Milli however, wasn’t affected. Why? I don’t know, but I can guess…

One of the things Google values the most is transparency. Most of the faucets out there today, including the big ones, maintain an air of anonymity around them. You don’t know who the actual owners are or even how to contact them in some cases. With Milli, I made sure to stay completely transparent about the fact that it is owned by 99Bitcoins. I also answer each and every comment on the site personally, without hiding my identity.

Additionally, in my last post, I talked about enabling comments on Milli so that users will be able to speak their minds about the site. I feel that this has helped immensely in adding content to the site, and it also shows that the site is not just “in it for the money”.

At the moment, I attribute the fact that I wasn’t banned from Adsense to these reasons, but as you know, this can change at any moment and without warning.

The Ace up my sleeve

At the end of my last post, I said I wanted to try out a new service called Adngin. What this service does is basically optimize your Adsense ads for maximum profit. Other than allowing you to use their software to create different A/B tests for your Adsense ads, you also get an account manager who will help you with the optimization process.

The normal price of the service is $250/month, which is pretty high; however, since my traffic on Milli is still considered small in terms of online publishers, I was able to cut a deal for only $125/month with Adngin.

I won’t go into the technicalities of how to set up an account, since you can just sign up for a free trial. However, here’s the difference in revenues between how my site was initially set up compared to the Adngin setup.

Adngin performance

So you can see that overall, throughout the month, Adngin’s setup helped me increase my revenues by over 23%. However, if you take a look at the last 14 days (not shown here), you’ll see that it has actually improved from that and is now performing 47% better than my original setup.

So, if last month I made $618.28, it means that Adngin should bring this up by ~$140 through its optimization, meaning it’s worth the money. Did it deliver? You’ll soon find out.

The best thing you can do to drive more traffic to your faucet

Now that I know the “money machine” is working, it’s time to pour in some more traffic in order to increase profits. At first, I tried to get different rotators to feature my faucet on their site, but I had no luck with that. Then, I figured I should just give out a higher payout.

I decided to raise the maximum payout from 1,000 Satoshis to 10,000 Satoshis, and apparently it worked. Of course the chances of winning 10,000 Satoshis are pretty slim, but they still exist (people have already reported winning this amount on the comment section on Milli). Keep in mind when doing so to calculate the exact odds you can allow for such a payout so you won’t go bankrupt.

Milli traffic

So how much did I make on February 2016?

Let’s start out by looking at my earnings. My Adsense earnings for Milli alone were $767.22 (an increase of 24% from last month, which was also two days longer).

Milli earnings february

I’ve received four payments from Coinad in February totaling 0.53752749 BTC. I will later subtract that amount from my user payouts.

Coinad and SolveMedia earnings

I’ve also made another $110.28 from SolveMedia through their Captcha service. So my total fiat earnings come up to $877.5.

Now for the expenses:

  • Payouts to users in February including FaucetBox fees – 1.08607691BTC (this is actually a bit bigger than the exact amount, but due to FaucetBox stat limitations, I will use this number).
  • Server expenses – $49
  • Adngin expenses – $125
  • SSL expenses – $25

faucetbox payouts

So, after subtracting my BTC earnings from the expenses, I’m left with 0.54854942BTC in expenses, equal to $235 in today’s exchange rate. Add that to my other fiat expenses and the total is $434.

This brings me to a total profit of $443.29 in February, an increase of 6.81% from last month.

So what’s next for Milli?

I feel as if February was the start of the next big leap for Milli. Even though the increase in profit was only 6.8%, you need to keep in mind that February was a shorter month than usual, and I had A LOT of technical issues throughout the month that decreased my earnings even more. So I’m very optimistic moving towards March.

I plan to move away from FaucetBox throughout March and into managing payouts on my own. Here’s why: First, their service costs a 2.5% fee. Second, when I rely on FaucetBox’s service, I also rely on their support, and that support is less than average. For example, as I’m writing this post, I have an issue with my faucet that hasn’t been dealt with for three days, since their support isn’t responding.

I’m also planning on having some sort of “membership plan” on Milli, where people who have been using the faucet for a long time will get bonuses for their payouts. I will also change the referral structure to lifetime payments – meaning, if you bring a new user to Milli, you’ll get referral commissions for that user as long as he remains active. This, of course, will increase my referral payouts, but I’m hoping it will also increase the traffic to Milli.

I have other, smaller ideas for Milli as well, but these two are the main ones. To sum things up, these are exciting times. Each day, I see Milli growing bigger and bigger and becoming a real, sustainable Bitcoin business. If you have any questions or comments on this post, feel free to write them in the comments section below, and I will see you next month in our next update.

Ofir Beigel

Owner at 99 Coins ltd.
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.
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57 Comments on "How Much Money Can You Actually Make from Bitcoin Faucets (February 2016 Update)"

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Gary
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Gary
OB, You know, as i as reading your post, several ideas on how to cut your facuet bitcoin pay out expenses down by at minimun 50% came to me along the way. It seems that the bots are a big pain in your, arnes fagyou, and these Bots are responsible for what % of bitcoin you pay out a month on an average basis.? The second biggest cost of bictcion pay outs are to the people that come in with the intent to Sit on yout facuets teet, until they draw 10,000 or the max allowed out of your facuet.… Read more »
Zsofia Elek
Admin
Member
Zsofia Elek

Hi Gary, it would be great if you could share your ideas through an email. You can contact Ofir through the contact us form here: https://99bitcoins.com/contact

Roberto
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Roberto

Surfing on the web I landed here… Very interesting infoes… Thanks and greetings from Italy!

Zsofia Elek
Admin
Member
Zsofia Elek

Good to see you here, Roberto, thanks for the feedback!

Marijan Sivric
Member
Member
Marijan Sivric

Great article! How much time daily do you spend administering and promoting the faucet site?

Julius
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Member
Julius

Hello Offir sorry i am no talked about post, i mean about my CTR question.
Because usually when the comment is aproved bellow are your replay, but in my last comment where i asked about CTR no.

julius
Guest
Member
julius

Hello Offir i saw my post but no replay any bug

Ofir one
Member
Member
Ofir one

What post do you mean?

Julius
Guest
Member
Julius

Hello after readed your guide i finally open my faucet after 8 days my CTR in google adsense are to low, CTR 0.05%, which CTR do you think is possible get in faucet market? What do you think i can do to increase my CTR?
Thanks

julius
Guest
Member
julius

Hello Offir no uptdate in april?

Ofir one
Member
Member
Ofir one

I will probably post it next week or the week after.

Rob
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Member
Rob
Hey Ofir, Truly Excellent set of posts. I’ve been learning about Bitcoin and cryptocurrencies for a little while now and the thought of building a related site/faucet has been on my mind for quite some time. You’ve given me a whole host of things to think about and a bit more confidence knowing that I have this information to hand. A little more research on my part and I’ll be a fellow ‘fauceter’ in no time so watch this space. Not sure whether you’ve considered it but weusecoins.com offer a bitcoin ticker widget which you embed, tell them you’ve done… Read more »
Suresh Agarwal
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Member
Suresh Agarwal

Hi ,

I was trying your idea by buying already live faucets in doge coin but how i will know which faucet is up for sale & the amount of traffic its having or the amount of registered member its having

Ofir one
Member
Member
Ofir one

You’ll need to ask the seller to grant you viewing access to their Google Analytics account.

Hamza
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Hamza
Just wanted to say thank you and encourage ppl to do this, i followed your steps and got to under 1mil alexa rank 17k Users ! 10k Unique imp per day ! the first month was hard, no profit, little lose, as soon as you get good traffic you gonna start profiting i was getting about 1-5CA$ profit a day ! i closed my website cuz i didnt want to risk getting ban by adsense and lose all the money i paid which was around 50$USD :), i will active my faucet after 2 months its because exams too but… Read more »
juiuus
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juiuus

Hello Ofir, Can you talk a bit about the SEO that you have been made one milli.io?

Ofir one
Member
Member
Ofir one

Hey Juiuus, actually I didn’t do any SEO work on Milli, but because it has such great visitor engagement it gets good ranking for terms like “Best bitcoin faucet” etc.

Sahat
Guest
Member
Sahat

Hey!!
I have question why my page views on adsense very different with my Google analytic page view ?? I saw my visitor to my faucet web higher but the page view & Impression on my adsense very low, any suggestion for this problem ??

Thanks

Ofir one
Member
Member
Ofir one

Not sure, I think it’s best to open a support ticket with Google on that. Also keep in mind that you may not be showing ads 100% of the time on your site and that might be the issue as well.

Hamza
Guest
Member
Hamza

Hey !
my faucet doing really good thanks bro
i noticed that you removed the anti-bot links , should i do it as well ?
and would solve media be good for small faucets like mine (30490 payouts so far)

Ofir one
Member
Member
Ofir one

I removed the anti bots because it was causing issues on my site – no idea why.
Glad to hear you’re doing ok, regarding SolveMedia – I think it’s worth a shot, not sure how much you’ll be able to get out of it though.

Devi Alpian
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Member
Devi Alpian

hello Ofir, how to make a timer view like milli when someone did claim faucet? btw sorry my speaking english not good. thank you

Ofir one
Member
Member
Ofir one

Hey Devi, how are you?
I got a developer to create the timer like that for me. It’s based on a WordPress plugin but it’s done through custom coding.

Hamza
Guest
Member
Hamza
Nice i created my faucet since you uploaded that video on youtube and i’ve been following your tips i hope i start making profit soon :) , so far loosing little money but its okay , cuz i think one day i will get profit , i know for sure , that its because my traffic is so low for some reason , iam paying 100-1000 every 5mins with 15% ref and my site has SSL (tried to advertise for it and payed for 1k imp but only got 4 users xD , i will pay for youtubers with high… Read more »
Ofir one
Member
Member
Ofir one

Hey how’s it going?
Glad to see you’re not giving up. I think you need to send them an email using this link. Good luck!

Hamza
Guest
Member
Hamza

iam going well thanks :)
today i got really good traffic so far it shows 1300 imp on adsense :)
i tried to contact them but they’re having problem with the anti bot i think cuz it says its wrong…thanks for help i will later maybe it works
and thanks again for help :D

Karim mera
Guest
Member
Karim mera

dude teach me please all what i have is a shitty 1 hour pop up faucet (iam making money) but still i need your help!!!! whats your faucet link? and can we talk on skype?!?!! “blackstarcj” teach me everything please ill even pay you!!!

Ofir one
Member
Member
Ofir one

You’re welcome, keep up the good work!

Hamza
Guest
Member
Hamza

hello , idid some work on my site (advertising) and now i have over 2.5k Users with over 2.5 unique views/day this is really good i finally made it , now i will just wait couple days for my alexa ranking to update and i will probably be on top 1mil , so i can join mellow ads (i cant join coinad cuz it seem that they made registration with invite code only)

Mickel
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Member
Mickel

Great series of articles. Great faucet too. Not a tech guy myself but i’ve got an idea on a marketing strategy. If you will send me “Hello” email, I would like to discuss it with you. Been kicking this idea around and I think you may be the right person to ask about it. [email protected]. That’s my faucet -e-. Don’t want to post my personal. Will give you all my info when we connect. Thanks for posting your experience. Really helpful.

Max
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Member
Max

These posts have been interesting to follow. I’ve created a really basic faucet just to mess around and try it out, but now I’m a little nervous after reading about AdSense rejecting faucets. I know you said that you think you did not get rejected as your faucet is attached to the rest of the site and the value it brings. Do you think that it’s even realistic to create just a basic faucet and still get approved for AdSense?

Ofir one
Member
Member
Ofir one

Hey Max I think it is possible. Just try to follow basic logic of what you’d approve as a “legit” site if you were Google.

Julius
Guest
Member
Julius

Really good update Ofir, Did you do anything special between 8 -15 february? I saw the in one of these days you gain almost the triple in adsense that the average.

Ofir one
Member
Member
Ofir one

Not really, Adsense is really weird in a way you can’t really predict what will bring in more revenue. Some days I get X3 my usual earnings and some days I get half as much.

You
Guest
Member
You

U tell every one u faucet is very good but u don’t tell them u buy your users. I have check the faucet list and u faucet is nummer 417 and 193 days live only stupid people believe this bullshit faucet. There a lot of beter faucets than milli tell the people how many u invest for buying users for u faucet.

Ofir one
Member
Member
Ofir one

Hey “you”.
I don’t really buy users, it’s all from referrals. I have no idea why FaucetBox’s rankings are showing me that low since I know for a fact a lot of users have upvoted Milli. However feel free to not use the faucet or read the blog, I could do without the negativity.

Anonymous
Guest
Member
Anonymous

Офир, спасибо за открытую информацию ,разъяснения и обучение !!! Пробую идти по твоим следам. Желаю тебе больше доходов и расширению бизнеса.

Ofir one
Member
Member
Ofir one

Thank you :)

Abhijit Kale
Guest
Member
Abhijit Kale
More traffic no only traffic but active user are important for getting good CTR. It really a great way of earning income with faucet. I am a webmaster I am saying this because I studied few things about web publishing/advertising. Ads showing on website does matter with impression very closely. And as faucet have best option of re-claiming. Due to that page get refreshed and you get impressions. As every impression id counted you get revenue against it. But there are also CTR. Which is a big topic. But Faucet with good amount of traffic is really great way of… Read more »
Simon
Guest
Member
Simon

Interesting. My faucets are using ajax and “in-place” updating the controls. That means no refresh on the banners. Should I do a reaload every now and then?

Ofir one
Member
Member
Ofir one

I think every time someone claims you should reload the site if possible. But I’m not an Adsense expert…

Irfan Mohammed
Guest
Member
Irfan Mohammed
I’m a big fan of you and tried to start a faucet but was off no use. Anyways I’m happy that at least your earning from them. But in my opinion, the housing provider your using is too expensive. I host my websites with interserver.net . They are very reliable and has a good support team. They have live chatting, ticket and call support. I recommend you to use them. They provide vps service for a very cheap cost(as you can find in their website). They have a price lock guarantee also. And if you want to host with them,… Read more »
Ofir one
Member
Member
Ofir one

Thanks for the advice, I actually user Interserver on one of my other sites and they indeed have good support. I may consider switching to them but for now I’m grateful that the site runs smoothly…

Simon
Guest
Member
Simon
Thanks for these in depth articles. Really like the ride-along, as i am in the same process, just a bit behind you. I have two faucets for another crypto, and they are recieving more traffic by the minute. Problem is how to efficiently monetize them. I applied for AdSense, but was rejected, four times. Then I used adsterra. Their CPM is very fluctuating, to say the least. Then they had ads with fake download buttons in them, which caused Google to ban me. I changed to a-ads.com but they cant seem to fill the ad spaces with ads, but just… Read more »
Ofir one
Member
Member
Ofir one

Nice progress. Honestly I don’t know what I would do if I would get banned from Google. I’m not sure the margins are enough to make a substantial profit. You can try applying to coinad.com and also blockadz – they might generate some more revenue for you.

Simon
Guest
Member
Simon

Man, looking at your numbers I would have no problems making a good profit margin with adsense, but thats not happening :)

Will look through the other networks to see if I can find anything close to your CPM.

Should you get banned, that would make for an interesting series of articles :)

Karim mera
Guest
Member
Karim mera

hey man i’ve noticed that you got rejected from adsense four times if you didnt read their policies they dont accept “faucet only” websites try adding a blog or satoshi to usd thing and also i would love to get some help also i’m new to the faucet thing i manged to make my faucet profitable with pop ups but thats very annoying i would love to get some help of your cpm networks can you add me on skype so we can talk better? “blackstarcj”

Diamante
Guest
Member
Diamante

Do you have an estimate if you will add the sticky btc adress?

Ofir one
Member
Member
Ofir one

I probably will. I actually added it in the past and then someone used it to hack the faucet so I removed it. But now that I have an SSL certificate I can probably re add it.

Aref B
Member
Member
Aref B

Regardless, to me this is MY AVOURITE and MOST EXCITNG POST OF ALL TIME on 99bitcoins.com!!! so exciting in fact i couldnt wait to finish i rushed all the main topics and then read it carefully all over again. u might ask WHY? because it holds (and unveils) the most accurate and true useful information about bitcoin faucets. thank you for stepping into the unknown! looks like it was worth it both ways ;)

Alexa
Guest
Member
Alexa

TL;DR: You can make approximately nothing from bitcoin faucets. Just buy them on Coinbase or whatever and stop wasting your time. Bitcoin is money. Why would somebody be giving away money in any significant amounts? Because they’re an idiot? Idiots don’t usually hold onto very much money for very long.

Pokits
Guest
Member
Pokits
your comment i feel is very much on topic and a worthwhile contribution to make. The reason for this is quite simple and something everyone against you and yourself may have not considered thus far. The faucet user is a vital part of the faucets working, without them the faucet serves no purpose the adds to create revenue target no one and receive no clicks. If we were discussing the latest model car released by a manufacturer surely talking about the engine that drives it is not off topic. Whats off topic is posting a comment to bag someone and… Read more »
Pokits
Guest
Member
Pokits

sorry i now can see the ending of my comment could sound aggressive i did meen however for it to sound humorous my appologies. if u are considering posting it plsa remove last bit and if u prefer i could just re right it

Anonymous
Guest
Member
Anonymous

if you had read you would have known that your comment is irrelevant to the article

Reader
Guest
Member
Reader

Wow, you definitely got the DR part of TL;DR.

Ofir one
Member
Member
Ofir one

Hey Alex I think you’re missing the point. This post is about making money by owning a Bitcoin faucet, not by being a user of one.

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