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XMR mining app, built with Vue.js, D3 and CoinHive

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Re: XMR mining app, built with Vue.js, D3 and CoinHive

#43

Post by zzbzq »

mv4 wrote: post #27
davmar wrote: post #24

monero is where it's at imho

... especially if Coinbase decides to add XMR as their 4th menu item

BCH expected to be 4th since they made written commitment about letting people get at their forked BCH. Adding an order book along with it is common sense.

Re: XMR mining app, built with Vue.js, D3 and CoinHive

#44

Post by icelancer »

lojack wrote: post #39
icelancer wrote: post #23

Earlier quoted context omitted.

> Extremely unlikely. Even GPU mining with good hardware cuts it close with energy consumption depending on your energy costs. What? This is seriously wrong. ROI fluctuates between 200-600% for XMR and its derivatives.

I don’t currently mine, but everything I’ve been reading has roughly 2/3rds of your profit going towards electricity. Regardless, I find it hard to believe CPU mining using JavaScript in a browser is even remotely energy efficient.

At 12c/kwh with a Radeon RX Vega56 consuming 200W and a hashrate of 2000 h/s, mining XMR currently yields has a 61% profit margin; it's 79% ROI if you are getting free power.

This is not the most power efficient setup (as I said, there are far, far more efficient cards, especially when run in tandem) but it is the most sought-after card due to density. Regardless, it's exceptionally profitable to mine if you already own the card.

JS mining only takes a slight performance hit compared to native, actually; asm.js and others provide very good results since the problem is memory-hard, not computationally bound. It is definitely energy efficient and worth doing if all you care about is ROI vs. marginal utility rates in most American cities (perhaps not some of California). Nicehash built their business model around exactly that, which is the real reason people like libraries like the OP's - it's a distributed way to get people mining, not for the individual person themselves.

Re: XMR mining app, built with Vue.js, D3 and CoinHive

#46

Post by phoyd »

ralmidani wrote: post #3

Does the value of XMR mined exceed the electricity consumed by the app? There are already malicious websites using hidden windows to mine XMR, but to the benefit of the person in control of the site rather than the people who pay the electricity bills: https://arstechnica.com/information-technology/2017/11/sneak...

>Does the value of XMR mined exceed the electricity consumed by the app?

Yes: https://whattomine.com/coins

Actually, I'm using a computer mining Moneros at 2000H/s in a closed room to help dry a damp wall. The rig converts 250W Power to heat (for the wall) and produces Moneros worth $200/m - leaving me $100 after paying for electricity the computer and the air dehumidifier consumed.

Re: XMR mining app, built with Vue.js, D3 and CoinHive

#48

Post by phoyd »

pests wrote: post #31
deevolution wrote: post #19

Earlier quoted context omitted.

A healthy coin depends on a balanced ecosystem of miners and users. If mining becomes unprofitable then the ecosystem will collapse. But if its a coin that miners have significant interest or investment in and they see profitability decreasing due to energy costs, they will be incentivised to find cheaper sources of energy. This likely explains why so many bitcoin mines in china are located near renewable energy sour…

It doesn't collapse. Mining might become unprofitable for some miners. They will drop out and the difficulty will decrease. Other miners are still profitable. Once decreased they or other miners might become profitable and start mining thus increasing the difficulty. It's an equilibrium.

Mining will be in an equilibrium, but the equilibrium might be at a point, where the network can not be protected from a 51% attack.

Currently, it will cost around $2bn to buy the hashing power to control Bitcoin - that's the price of one Stealth Bomber.

Re: XMR mining app, built with Vue.js, D3 and CoinHive

#49

Post by pr0gramm »

Mikushi wrote: post #45
gregman1 wrote: post #41

It is not a 'mining app' but a front-end nobody needs. Is there any coinhive alternative? That would be a progress.

https://monad.network/ Coming up pretty nicely, been working with them for some time.

Sadly, like all the other clones, they just "stole" the Cryptonight WASM implementation from Coinhive.

Think about it: they're hosting a WASM blob on their site for which they don't have the source code and can't tell with certainty what exactly it's doing.

With so many faces on their team page (and a dog!), you'd think they'd have the resources and competence to build something of their own.

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