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Topic: Browser Bitcoin Miner (No setup, no download, no configuration) - page 3. (Read 123010 times)

newbie
Activity: 28
Merit: 0
If it takes 5 hours to produce 0.0003 BTC

Then 33 x 5 or 165 hours to produce 1 bitcent

Which is worth less than a dime

Average computer uses 200 watts

That's 1 kWh every 5 hours (200W = 0.2kW; 0.2kW * 5h = 1kWh)

Or 33 kWh to produce a dime

Most people pay more than a dime per kWh

So this is a way to make someone else pay $3+ to earn you a dime

Why not just have them mail you their empty soda cans ... They will pay $3 in postage and then you can go recycle them for a dime

The economics are the same

That's based on the assumption that people are running this on a computer that would otherwise be off. It's pretty good about CPU priority, my computer is perfectly usable while this is generating.

What's the math behind an idle computer and a CPU maxed computer?

And yes, compared to GPU mining CPU mining is inefficient - but this is something that could get people interested in bitcoin who otherwise wouldn't take the time to set up a miner. I'm thinking of this as a kind of entry-level miner (at least until there are ways of doing GPU mining from the browser).
newbie
Activity: 28
Merit: 0
But I have to ask, you say it's PPS and while the page only takes 330Mhash to prevent lag the payout amount should go up after 5 min.. Or maybe I've mistaken it for a profit counter in which case you should add one..

The payout amount is the current payout, not total. If you want your total, register an account and go to the "my account" section.
hero member
Activity: 616
Merit: 500
Firstbits.com/1fg4i :)
A thing that pays webmasters for the amount of time people spend on their pages without depending on the user clicking on advertisements, nor polluting the contents of the page and not even depending on a central provider? Dude, that's fucking awesome!!! Cheesy
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
If it takes 5 hours to produce 0.0003 BTC

Then 33 x 5 or 165 hours to produce 1 bitcent

Which is worth less than a dime

Average computer uses 200 watts

That's 1 kWh every 5 hours (200W = 0.2kW; 0.2kW * 5h = 1kWh)

Or 33 kWh to produce a dime

Most people pay more than a dime per kWh

So this is a way to make someone else pay $3+ to earn you a dime

Why not just have them mail you their empty soda cans ... They will pay $3 in postage and then you can go recycle them for a dime

The economics are the same
sr. member
Activity: 406
Merit: 250
I don't know about yous but this seems wrong for a single 5850..

This site is strictly a CPU miner at this time and doesn't support GPUs.
sr. member
Activity: 966
Merit: 254
I don't know about yous but this seems wrong for a single 5850..



But I have to ask, you say it's PPS and while the page only takes 330Mhash to prevent lag the payout amount should go up after 5 min.. Or maybe I've mistaken it for a profit counter in which case you should add one..
hero member
Activity: 489
Merit: 505
Uh I'd love that, please let me know if you need beta-testers Cheesy
newbie
Activity: 28
Merit: 0
i would totally embed this in my websites... Tongue
A new way to fund popular sites? Think Digg and every user contributes as long as he's on the page Cheesy

That would be awesome. I'm going to have to work on that tonight...

It would be like ads, except the website owner gets paid for having a website that people want to stay on, rather than for simple number of pageviews / click throughs.
If you want to use my idea, you will need to pay a license :p

How about I let you be one of the first to use it (do you have a website?).

For people who are interested in this, being able to embed a miner in your website so that your visitors generate BTC for you, either reply here, PM me, or send me an email at [email protected] and I'll let you know when it's ready.
hero member
Activity: 540
Merit: 500
i would totally embed this in my websites... Tongue
A new way to fund popular sites? Think Digg and every user contributes as long as he's on the page Cheesy

That would be awesome. I'm going to have to work on that tonight...

It would be like ads, except the website owner gets paid for having a website that people want to stay on, rather than for simple number of pageviews / click throughs.
If you want to use my idea, you will need to pay a license :p

Edit : mail sent
newbie
Activity: 28
Merit: 0
i would totally embed this in my websites... Tongue
A new way to fund popular sites? Think Digg and every user contributes as long as he's on the page Cheesy

That would be awesome. I'm going to have to work on that tonight...

It would be like ads, except the website owner gets paid for having a website that people want to stay on, rather than for simple number of pageviews / click throughs.
hero member
Activity: 489
Merit: 505
i would totally embed this in my websites... Tongue
A new way to fund popular sites? Think Digg and every user contributes as long as he's on the page Cheesy
sr. member
Activity: 420
Merit: 250
i would totally embed this in my websites... Tongue
newbie
Activity: 28
Merit: 0
I'm curious why you guys would like that feature - is it just to make it easy to stay anonymous? If you're worried about that then until I have this feature you can give a fake/temporary email - I don't validate it, it's only used to email a link to reset your password in case you forget.

Are there other reasons? It's helpful as a developer to know why users want a certain feature, to make sure I give you what you want.
I own several websites where people can donate (no BTC for now). It would be a simple way for them to donate this way and add BTC donation at the same time.
More simple => more users.

You're right, that would be an extremely simple way to let your visitors donate BTC. It wouldn't really cost them anything, just a bit of CPU time.
hero member
Activity: 540
Merit: 500
I'm curious why you guys would like that feature - is it just to make it easy to stay anonymous? If you're worried about that then until I have this feature you can give a fake/temporary email - I don't validate it, it's only used to email a link to reset your password in case you forget.

Are there other reasons? It's helpful as a developer to know why users want a certain feature, to make sure I give you what you want.
I own several websites where people can donate (no BTC for now). It would be a simple way for them to donate this way and add BTC donation at the same time.
More simple => more users.
newbie
Activity: 28
Merit: 0
While novel, there is no way this could be profitable for anybody.

1000 hashes per second?  This is 600,000 times slower than an ATI Radeon 5970.  The power consumed would vastly exceed anything this could produce.

Sorry, I didn't make it clear - if it says 1000, you're getting 1000 kilo hashes per second, so 1 Mhash/sec. As CPU miners go, it is slower than one of the C miners, but that's the tradeoff of having it work from the browser.
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
While novel, there is no way this could be profitable for anybody.

1000 hashes per second?  This is 600,000 times slower than an ATI Radeon 5970.  The power consumed would vastly exceed anything this could produce.
newbie
Activity: 49
Merit: 0
For me it would be the anonymity and the simplicity. Much easier to simply go to a url which already includes my address and start mining right away, without the need to manage an account.
newbie
Activity: 28
Merit: 0
It shouldn't be necessary to register with name and email address. It should be sufficient to enter your payout address into a field of the applet (if applets are able to communicate this to the server), otherwise use an HTML form field or allow the Bitcoin receiving address to be appended to the URL of the "generate" page.

I hadn't thought of doing that, I'll definitely consider it.

One problem that I'd need to work out first: what would I do if you didn't generate enough to cover the fee of sending it? eg only 0.005 BTC. Right now it just goes in your account until you mine enough. Hmmm I suppose I could store how much has been mined for a certain bitcoin address and send it once there's enough. I'll have to think about how to do that with my current system.

Wouldn't it essentially be storing it in the same way when a bit coin address = an account? Instead of the e-mail, you'd have the address, and there would be no need for a password.

Yup. In my code though I made assumptions about the username always being an email address. I should be able to work something out for this though.

I'm curious why you guys would like that feature - is it just to make it easy to stay anonymous? If you're worried about that then until I have this feature you can give a fake/temporary email - I don't validate it, it's only used to email a link to reset your password in case you forget.

Are there other reasons? It's helpful as a developer to know why users want a certain feature, to make sure I give you what you want.
newbie
Activity: 49
Merit: 0
It shouldn't be necessary to register with name and email address. It should be sufficient to enter your payout address into a field of the applet (if applets are able to communicate this to the server), otherwise use an HTML form field or allow the Bitcoin receiving address to be appended to the URL of the "generate" page.

I hadn't thought of doing that, I'll definitely consider it.

One problem that I'd need to work out first: what would I do if you didn't generate enough to cover the fee of sending it? eg only 0.005 BTC. Right now it just goes in your account until you mine enough. Hmmm I suppose I could store how much has been mined for a certain bitcoin address and send it once there's enough. I'll have to think about how to do that with my current system.

Wouldn't it essentially be storing it in the same way when a bit coin address = an account? Instead of the e-mail, you'd have the address, and there would be no need for a password.
hero member
Activity: 607
Merit: 500
very very useful! well done!
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