(Last Updated On: January 29, 2020)
Bitwit Net Worth – $700,000
Bitwit is tech based YouTube channel created by a guy named Kyle. Initially, it was called AwesomeSauce Network before the name was changed. The content in the channel is mainly hardware tests, hardware reviews, processor comparison videos, PC reviews, vlogs and other random content. They have an ongoing series called Awesome Hardware whereby they talk about various devices on the news and the latest developments. They also stream the show on Twitch.
How Much Money Does BitWit Earn On YouTube
The channel has over 2 million subscribers as of 2020 and has accumulated over 350 million views so far. In a day, it gets an average of 200,000 views from different sources. This should generate an estimated revenue of around $1,000 per day ($365,000 per year) from the ads that run on the videos.
YouTubers get paid $2 – $7 per 1000 monetized views after YouTube takes its cut. Monetized views range from 40% – 80% of the total views. All these are influenced by several factors like device played on, the location of the viewer, ad inventory, how many ads there are on a video, how many people skip the ads, type of advertisement, ad engagement , type of content etc. The cost of an ad view is based on an auction between advertisers based on views. Advertisers have to bid a minimum of $0.01 per view.
There is also a program known as Google Preferred where deep-pocketed companies can target ads on the top 5% most popular content. The ad rates here are higher than normal. Apart from ads, YouTubers also generate extra from YouTube Red viewers who pay a monthly fee to view premium content on YouTube plus watch videos without ads. Here they get paid based on watch time on their videos. The longer the viewers watch their videos, the more money they earn.
BitWit gets extra income through the sale of merchandise on their website.