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Show HN: No Coin – A browser extension to block coin miners

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Re: Show HN: No Coin – A browser extension to block coin miners

#201

Earlier quoted context omitted.

Not for XMR. There's quite a few altcoins out there aiming to solve the asic problem with aggressively anti-asic algorithms.

There is an interesting position that asic mining is the most democratic and decentralized way. The easier and simpler and cheaper a miner is to produce, the more accessible it is and likely that companies can manufacture and distribute it, turning it into a commodity. Complex proofs that require cpu's, for example, hand a permanent monopoly to Intel and friends. When the nanometer race ends in a few product generati…

Historically, those companies have held and mined with the current generation of ASICs (that their customers have paid for!), while they develop the next generation.

Once they have the next generation off the production line, they take the used previous generation, box them up and ship them off to their customers, and then plug the new generation into their mining pools.

If we could trust ASIC manufacturers to not sit on the best hardware, you might be right. However, for the moment everyone can get their hands on CPUs and GPUs of roughly the same power, while easily accessible ASICs are several orders of magnitude slower than the current state of the art.

Re: Show HN: No Coin – A browser extension to block coin miners

#202
post #153

Earlier quoted context omitted.

So when I intercept the script and send a bad proof back, it would not do any harm? So no https://xkcd.com/327/ for the bad miners? I guess, we need browser extensions that just send the correct proof to my own wallet then?

The bad proof can be trivially checked and discarded. If you want the results of the mining it makes more sense to run yourself with a native miner than run on the browser. This coinhive thing only makes sense [to run on a browser] because they're exploiting the resources (hardware and electricity) from the visitors.

It is true for checking final solution, but what in case of partial results? I am not sure about monero but with BTC I could claim I checked range assigned to me and found no solutions. I guess mining pools have solved it in some way.

edit: I see that Coinhive pays only for solved hashes, so there is no way to "harm" them, and for website owner it makes no difference if hashes are not computed at all or invalid results are submitted.

Re: Show HN: No Coin – A browser extension to block coin miners

#203

Today I read that The Pirate Bay tested this new form of monetization (running a miner in you browser). I thought that might solve website monetization finally. We still have to figure out stuff like battery draining on mobile but it is the first step and I can buy some Monero which is well suited for JS/CPU mining (or in other words, it doesn't have a huge upside when mined on GPUs). And what do I see here? That bef…

Sorry, no, you can't burn my CPU cycles and drain my battery for money. Full stop, end of story, thanks for playing, etc, etc. I still own my computer, and I couldn't care less about your innovative new business model. Just, no.

Why do you care if your CPU goes 100% because of some shitty ad or some coin mining operation? Both is there because of profit generation.

Re: Show HN: No Coin – A browser extension to block coin miners

#204
post #135

Earlier quoted context omitted.

Ad money comes from a third party, not me. Whereas with this coinhive thing, I'm paying with my computational power and my battery (which is the most important thing here). Traditional internet ads increase resource consumption too, which is part of why we block them. Ads that are part of a video are different, you can skip them, and they cant breach your privacy (I dont know what Twitch are doing, though).

(You can't skip them, sadly. The video won't buffer until the ad has fully buffered, which happens in real time.)

Baked in v.s. player.

Re: Show HN: No Coin – A browser extension to block coin miners

#205
post #127

Earlier quoted context omitted.

Why would a miner want to implement that?

So that people don't get angry?

Pretty sure user anger didn't stop the prevalence of pop-up Punch The Monkey adverts. The massive rise in adblocking forced the ad industry to stop being quite so obnoxious.

So, yeah, relying on advertisers to not piss off users is a bit much given their business model relies on interrupting your attention.

Re: Show HN: No Coin – A browser extension to block coin miners

#206
post #6

For context: The Pirate Bay is now launching a javascript-based Monero miner in all visitors' browsers to mine coins for them in the background (possibly as an alternative to ads).

As long as there is disclosure of it and the mining is relatively efficient, that is a very interesting business model. The site collects revenue relative to the amount of time users spend on the site and not the number of page/ad views. It is also a pretty seamless way to integrate micropayments from users into a site. Handing over a credit card number or similar is a big barrier to overcome while this requires no s…

I think browsers and OSes need to improve to make mining in the background possible such that the UX is not hampered in any way. Right now, with Javascript in the same thread as the UI, that seems not really possible.

Re: Show HN: No Coin – A browser extension to block coin miners

#208

Tried the Chrome extension, but it just toggles between "Enable No Coin" and "Unpause No Coin." I didn't disable it, but I have to enable it? Repeatedly? And I didn't pause it, so why would I be unpausing it? Where do I look if I merely want to find out whether it is currently 1) enabled and/or 2) paused? And how do I toggle either or both of those? Does it need to be this complicated?

This is a bug that is happening when the background script doesn't run. It only happened to me in an outdated version of Opera. Updating my browser fixed it.

It is a very early version of the extension, improvements are on their way.

Re: Show HN: No Coin – A browser extension to block coin miners

#209

Today I read that The Pirate Bay tested this new form of monetization (running a miner in you browser). I thought that might solve website monetization finally. We still have to figure out stuff like battery draining on mobile but it is the first step and I can buy some Monero which is well suited for JS/CPU mining (or in other words, it doesn't have a huge upside when mined on GPUs). And what do I see here? That bef…

> We still have to figure out stuff like battery draining on mobile

"Figure out" how? If mining didn't eat lots of power and CPU cycles, it would be useless as proof-of-work and BitCoin couldn't exist. It is literally impossible to do useful amounts of mining in a way that doesn't slow down the mining device and drain its battery.

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