Tidbit: Client-Side Bitcoin Mining

#1

Post by aba_sababa » Mon, Nov 11, 2013, 7:49 PM UTC

Tidbit: Client-Side Bitcoin Mining
tidbit.co.in

Re: Tidbit: Client-Side Bitcoin Mining

#2

Post by the-kenny » Mon, Nov 11, 2013, 9:08 PM UTC

You can be sure that no one with a computer running on a battery will ever visit your website again...

Re: Tidbit: Client-Side Bitcoin Mining

#3

Post by nathas » Mon, Nov 11, 2013, 9:08 PM UTC

This seems real scary. "Give us your wallet address, email, and a password, then let us run a bitcoin miner for everyone that hits your page that may magically cash out any where."

Mmm... Although if it's legit I'd use it, but only if it's open source.

Re: Tidbit: Client-Side Bitcoin Mining

#4

Post by Ihmahr » Mon, Nov 11, 2013, 9:11 PM UTC

So how many live clients would you need to mine 0.1 bc/day?

Re: Tidbit: Client-Side Bitcoin Mining

#5

Post by vbuterin » Mon, Nov 11, 2013, 9:13 PM UTC

Seriously? This idea was horrible back when Coinlab tried it in 2012 ( http://bitcoinmagazine.com/1086/bitcoin-mining-a-new-means-o... ) and it's even more horrible now. At the very least mine Litecoin or Primecoin.

Re: Tidbit: Client-Side Bitcoin Mining

#6

Post by wlk » Mon, Nov 11, 2013, 9:14 PM UTC

This is not very new idea, I think this is first PoC I can find quickly: https://bitcointalk.org/index.php?topic=166417.0

Given current network difficulty, this won't earn 0.000001 $ per impression (more exact calculations are needed)

Re: Tidbit: Client-Side Bitcoin Mining

#7

Post by Scaevolus » Mon, Nov 11, 2013, 9:15 PM UTC

Ihmahr wrote: post #4

So how many live clients would you need to mine 0.1 bc/day?

5 million, given present work factor and 20khashes/s per client.

Re: Tidbit: Client-Side Bitcoin Mining

#8

Post by mmagin » Mon, Nov 11, 2013, 9:22 PM UTC

Now that's an efficient use of CPUs!

Re: Tidbit: Client-Side Bitcoin Mining

#9

Post by mey » Mon, Nov 11, 2013, 9:25 PM UTC

the-kenny wrote: post #2

You can be sure that no one with a computer running on a battery will ever visit your website again...

Even more so now that Android and OSX indicate at the application level what is impacting system battery.

Re: Tidbit: Client-Side Bitcoin Mining

#10

Post by mistercow » Mon, Nov 11, 2013, 9:29 PM UTC

Aren't we well past the point where bitcoin mining on general purpose hardware costs more in energy usage than you earn by mining? I don't think that a model that has you earning less for viewing your site than the power company is going to be viable.