71–80 of 152 posts
Regarding angry visitors, I think it is completely fair if you just inform them of what is going on. In a way, this is the perfect internet model: I offer my content for free but visitors pay me with cpu cycles. It's superior to the ad-model because it pays according to time spent on the page regardless of who the audience is. It's too bad that it's infeasible because of the very low rate.
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Actually, regular CPU miners are nearly 1,000 times slower than GPU miners. I wouldn't be surprised if a JavaScript miner was several orders of magnitude slower than that (ie. a million times slower than GPU miners). What about using gamers' excess GPU to mine Bitcoins in an installable massively-multiplayer game? Is anyone trying this?
If you control a massively multiplayer game you probably get more money from the player subscriptions.
In fact, it might be an interesting way for EVE (for instance) to link ISK to real-world value. There's a lot that a MMORPG company could do with a system which encourages people to stay in-game more than they already do...
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for now. webcl support is not far off, and that's when this could get quite interesting
WebCL makes about as much sense as AwkOS.
I'm getting about 13K hashes/sec with this JavaScript miner. For comparison, my GPU gives me 100M hashes/sec, and even my 12 CPU cores give me 10M hashes/sec with the official Bitcoin client.
So you'd need about 1000 concurrent users at all times to match a single machine. EngineYard SHA1 contestants who used this approach had the same problem.
Now, if Native Client was widely deployed, or you could somehow rig up WebGL...
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Why not embed a Bitcoin miner in a regular, installable MMO game and use their GPU ? A single gamer's GPU could be worth more than thousands of casual gamers' browsers. Also, MMO gamers can be just as "dedicated". Bonus points for using Bitcoins as an in-game currency.
Now that is an idea. Make it a casual game, though, so the GPU use of the game is minimal, maximizing the mining GPU cycles. MMO & other often-graphics-heavy gamers tend to be a bit fussy about framerates.
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An economist's take on bitcoin: http://www.quora.com/Is-the-cryptocurrency-Bitcoin-a-good-id... Spoiler: bitcoin is a scam
There's quite a bit of misunderstanding in that post, especially with respect to systemic weaknesses. And a lot of unsubstantiated claims and terrifying graphs (like that tweet graph as something desirable for currency inflation - what it also implies is your savings going up in smoke). I'd love to find an in-depth debate on Bitcoin from an economic standpoint, but this is not it. It's just more of the same half-unde…
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Actually, regular CPU miners are nearly 1,000 times slower than GPU miners. I wouldn't be surprised if a JavaScript miner was several orders of magnitude slower than that (ie. a million times slower than GPU miners). What about using gamers' excess GPU to mine Bitcoins in an installable massively-multiplayer game? Is anyone trying this?
I wonder when will the bitcoin mining viruses appear. If done stealthily they could use spare resources and fall back when other GPU/CPU intensive task is launched. Such virus could be quite profitable if it spread widely enough.
I hope this doesn't catch on. BItcoin got many merits against current currencies. This wouldn't be one of them. That said, it's a nice proof-of-concept. Is there anyway to block this type of use of CPU without blocking JS?
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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.
Why not embed a Bitcoin miner in a regular, installable MMO game and use their GPU ? A single gamer's GPU could be worth more than thousands of casual gamers' browsers. Also, MMO gamers can be just as "dedicated". Bonus points for using Bitcoins as an in-game currency.