11–20 of 152 posts
Javascript is way too slow compared to GPU, by at least a factor of 1000 or more. If you have 1M daily unique visitor and you manage to "steal" 10 CPU seconds from each of them, the amount of work would be equivalent to 1e6 * 10 / 1000 = 10000 seconds which is about 2.8 hours of one dedicated GPU-based mining machine.
It is bad to use a bunch of the user's CPU without any notice. They will probably notice that your site makes their computer slow and never come back again. Also, once they find out you've been using their CPU power/electricity/battery life surreptitiously for private, unshared gain, you will probably have some angry customers. Additionally, does this automatically hook in to slush's pool or something? Bitcoin mining…
s/mhash/Mhash/
Very interested to see if this could actually be an alternative to ad revenue.
It seems closer to stealing from your users (with enormous inefficiency) than something that creates any real value.
Javascript is way too slow compared to GPU, by at least a factor of 1000 or more. If you have 1M daily unique visitor and you manage to "steal" 10 CPU seconds from each of them, the amount of work would be equivalent to 1e6 * 10 / 1000 = 10000 seconds which is about 2.8 hours of one dedicated GPU-based mining machine.
Anyone care to calculate the actual expected revenue you could get from this?
Javascript is way too slow compared to GPU, by at least a factor of 1000 or more. If you have 1M daily unique visitor and you manage to "steal" 10 CPU seconds from each of them, the amount of work would be equivalent to 1e6 * 10 / 1000 = 10000 seconds which is about 2.8 hours of one dedicated GPU-based mining machine.
What about using gamers' excess GPU to mine Bitcoins in an installable massively-multiplayer game? Is anyone trying this?
Very interested to see if this could actually be an alternative to ad revenue.
On my computer (netbook running Chrome in Ubuntu), bitp.it clocks at 2.2khash/sec. Using this, I'll give 2000hash/sec/user as a conservative estimate.
If you had 1M daily visits, averaging about 1 minute of interaction (high, but assuming you have long-form content), you'd have 12000Mhash/day, or about 2.77Mhash/sec.
Plugging this in with current rates, this ends up being $0.08/day. For 1M views. This is about 3 orders of magnitude lower than just AdWords.
Very interested to see if this could actually be an alternative to ad revenue.
I don't think the fundamentals are sound here. Advertising spurs commerce, which creates value. This wastes electricity, slows down users' computers, and does no valuable computation. It seems closer to stealing from your users (with enormous inefficiency) than something that creates any real value.
You need a year's worth of 3ghz dual core cpu power to make 50 bitcoins. This is some impressive code but not practical. And I don't think visitors are going to like you maxing out their cpu.
I know plenty of women who spends hours a day playing casual games, if you embedded a bitcoin miner into a free facebook game you might be able to generate some decent revenue while they play.