$50 in 20 minutes typing captcha? (TRUTH revealed!)
Ryan Hildreth promises on YouTube that you can make $50 in 20 minutes typing captchas online. If you would work 8 hours per day at that rate, you would make
- $1,200 per day
- $36,000 per month
- $432,000 per year
Therefore, I created a video asking the question, "can you really make $50 in 20 minutes typing captchas?" like Ryan Hildreth is claiming.
By the way, this guy has been one of the main promoters of the Bitconnect Ponzi schemes and he has also been caught lying on his other videos... Just a word of warning if you happen to see his big claims.
Some of my YouTube subscribers have been asking me to show high paying captcha websites in the comments. I don't know where did they get an idea that there would be high paying captcha websites but I guess from scammers who promised them high earnings from captcha.
What is Captcha?
They are small puzzles that you can see below. You have probably seen these when you have been creating accounts online to some websites.
Truth About the Earning Potential:
ANY captcha typing website doesn't pay a lot. That’s a cold fact. Why would anyone pay good money for doing such monotonous tasks because they can always find people doing such things for less than $1 per hour?
If someone tells you that you can earn a lot of money by typing captcha, they are simply lying to you and trying to take advantage of you in one way or another.
There are 2 kinds of scammers:
1) First of all, there are those YouTubers that promise to you a lot of money by solving captcha, such as Ryan Hildreth.
2) But then there are some captcha websites that are scams such as Captcha Club. They promise up to $60 per hour by solving captcha which is an absolute lie and I actually created a video where I exposing them.
Here are examples of 3 captcha typing sites and their earning potential: (NOTE! These are my estimates. In practice, you may earn more or less but this gives you an idea of the earning potential)
27 hours to make $1 with normal captcha
11 hours to make $1 with re-captcha.
Without keeping any breaks.
Low end: $0.45 for 1,000 word images => 20 hours to make $1
High end: $1.5 for 1,000 word images => 7 hours to make $1
So you will earn $1 using 7 to 20 hours.
If you want to earn $10 that will take from 70 to 200 hours
You will earn $0.003 for every 15 Captchas you successfully complete. => Low earnings too.
Of course, with referrals you can increase your earnings but still your earnings will stay very small. You can probably earn more money by watching videos or clicking ads than by solving captcha (even though that doesn’t pay a lot either).
Reality: $0.15 per hour!
In my calculations regarding captcha sites, the highest earning potential is $0.15 per hour.
It will take 6-7 hours to earn $1.
Ryan Hildreth was claiming that you can earn easily $50 in 20 minutes even though the reality is less than $0.05 in 20 minutes based on my calculations. And Hildreth has been scamming people on his channel already for years. I remember seeing him selling BitConnect Ponzi scheme already in 2017 or 2018. Stay safe!
You can send this article to anyone who asks the following question:
What is the highest paying captcha typing site? => There isn't one.
- Roope "15 cents in 1 hour" Kiuttu
What do you think about YouTubers who promise to you a lot of GUARANTEED money FAST even though that's far from the truth?
Do you think YouTube should start cracking down those channels that are telling people lies?
Looking forward to hearing your thoughts in the comments below!