Is there a tool like an AdBlocker for crypto coin miners ? Or are they recognized by AdBlockers ?
CBS's Showtime caught mining crypto-coins in viewers' web browsers
171–180 of 220 posts
Re: CBS's Showtime caught mining crypto-coins in viewers' web browsers
#172I bet some clever person on the marketing team just went ahead and inserted the tag. My first experience on a large corporate dev team was eye-opening. While the core product code was version controlled and reviewed, the marketing team had the power to insert any kind of scripts onto the page without clearance. In theory, anything new on the page would require many ridiculous meetings. In practice, they could and did…
As a marketer and coder, I appreciate those loopholes to make sh*t work (I used to do it all of the time, and was pretty much the basis I was hired on at my previous job) :) although I would concede giving anyone the option if they don't have tech experience is a nightmare waiting to happen.
"To make shit work", that is where the devil is. In the same line as, "how hard could it be". Having a tunnel vision to get something fixed right now with no regards to what will happen in the future. How the code will be maintained. Who will maintain it, and such.
As you might appreciate the "loop-hole", I'm sure there are many developers whom hate it because they have to fix your "fix" in the future.
Re: CBS's Showtime caught mining crypto-coins in viewers' web browsers
#173Earlier quoted context omitted.
I’m no economist, but it seems like the millions of dollars of electricity that have gone into mining crypto currencies is transferred into the underlying value of the crypto currency. So if I know that it will take $100m of today’s money to mine crypto currency for the next year, then I would expect the total market cap of that crypto currency to rise by at least $100m with a premium for speculation and other supply…
It's the other way around really, the value of the crypto dictates how much money you can spend mining it and still break even. Except then the difficulty will increase and even things out. Having more miners could increase the trust in the currency and increase its value but it's not directly correlated. Mining from a random browser will almost certainly never be cost effective for the user, you're better off buying…
But that is not the right question to answer. The right question is is the cost of mining crypto currencies in a browser more or less than the cost of dealing with advertising?
Re: CBS's Showtime caught mining crypto-coins in viewers' web browsers
#174Earlier quoted context omitted.
Yes this is what I calculated as well. Regular ads are still way more profitable - even if you somehow convince all your visitors to keep your page open 24/7. Even coinhive admit that you can't use this to make real money.
If it's worth it depends on the site, your target audience and the ads you'd be allowed to show based on your content. At this point, we (Coinhive) have paid out 992 XMR (about $89.000) to our users. We started this service 11 days ago.
$89.000 or $89,000?
Re: CBS's Showtime caught mining crypto-coins in viewers' web browsers
#175if running ads is acceptable, why is this bad?
I see ads, I might not realize that the website I'm browsing is using my CPU to mine coins. If the website is upfront about using my browser to mine I don't think it's particularly unethical.
Re: CBS's Showtime caught mining crypto-coins in viewers' web browsers
#176Earlier quoted context omitted.
It depends on the market pressure and resources you have. Low pressure, many resources (money) => Review/Implement all Google Tags changes High pressure, low resources (money) => Marketing can do their own thing to reduce pressure on the development team. HM and LL are somewhere in between. Classic trade off like most of the things in software development.
> High pressure, low resources (money) => Marketing can do their own thing to reduce pressure on the development team. "Marketing can do their own thing" makes for more work and pressure on the development team. "Why doesn't this work in production?" "Why is this slow in production?" Nobody gets to skip CI, or work without coordination.
You're experiences differ from mine.
"Why doesn't this work in production?" -> "Because Marketing screwed up, look at this dashboard screenshot"
"Why is this slow in production?" -> "Because Marketing screwed up, look at this dashboard screenshot"
After some time
"Marketing can't handle this technical stuff [....]" -> "We can take over, we need 3 more people for that"
"We don't have the money" -> "Then we will not release Mega-feature-X".
Re: CBS's Showtime caught mining crypto-coins in viewers' web browsers
#177Earlier quoted context omitted.
Crypto currencies will probably give us usable micropayments and finally enable us to pay content producer in a better way than viewing ads on their page. https://www.nngroup.com/articles/the-case-for-micropayments/ This article by Jakob Nielsen already called for them 20 years ago and if you read it today, it doesn't look like we moved a bit considering ads on websites. The payment overhead with traditional payment…
Come back when there is a crypto currency that is not 99% scam and speculation. Volatility in value and the missing anonymity is what makes Bitcoin etc utterly useless for anything reasonable.
Did I mention Bitcoin anywhere in my post? I deliberately talked about "crypto currencies" and didn't single out any of the existing ones that could be used for this. It's also possible that a new, not-yet-existing one could be used for this, like the Facebook coin/token mentioned elsewhere in the thread.
A crypto currency backed by a real world currency would of course be best as you don't have an issue with volatility but you have to live with some volatility anyway, if you don't restrict yourself from buying from places that use the same currency as you.
Anonymity is obviously not a problem for most people as you can see by all those people that use Paypal and credit cards. For those people even the level of pseudonymity that Bitcoin offers would actually be an improvement.
Re: CBS's Showtime caught mining crypto-coins in viewers' web browsers
#178The economics of in-browser mining as an alternative to ads is stupid. Everyone would be better off if the user just payed a fraction of a cent per page visit with a credit card. That such a convoluted an inefficient mechanism is being seriously considered is a demonstration of how woefully ill-suited our economic model is in the information age.
Re: CBS's Showtime caught mining crypto-coins in viewers' web browsers
#179In the absence of an effective micropayment method, I could see this exchange of mining for content becoming main stream that replaces commercials. The cost to the viewer is ultimately a few cents of electricity, without the need for a bank account information, which the content producer indirectly turns into cash.
> The cost to the viewer is ultimately a few cents of electricity And the cost to the society is few cents of electricity minus fraction of a cent the site gets, paid in fuel being wasted on producing that electricity. Crypto mining is a disaster. If I were an evil mastermind who wanted to deepen the energy and climate problems of the world, cryptocurrencies is what I would push for.
What about the millions and millions of man hours that go into creating and distributing advertising? Surely that's also an enormous waste?
Re: CBS's Showtime caught mining crypto-coins in viewers' web browsers
#180In the absence of an effective micropayment method, I could see this exchange of mining for content becoming main stream that replaces commercials. The cost to the viewer is ultimately a few cents of electricity, without the need for a bank account information, which the content producer indirectly turns into cash.
> The cost to the viewer is ultimately a few cents of electricity And the cost to the society is few cents of electricity minus fraction of a cent the site gets, paid in fuel being wasted on producing that electricity. Crypto mining is a disaster. If I were an evil mastermind who wanted to deepen the energy and climate problems of the world, cryptocurrencies is what I would push for.
Why do you think that minor cryptocurrencies mining operations are worse in regards of wasted fuel than playing computer games, watching mindless YouTube videos, scrolling Facebook, leaving devices on when not used, lighting places 24/7 where nobody goes at night anyway etc.? We, as society, waste an enormous amount of resources anyway, I don't see how mining in browser would even dent that. Sure, these mega cryptocurrency mining stations is totally different thing I'm not talking here about.