Topic: freebitco.in "Browser Mining" - is it worth it? - page 8. (Read 20744 times)

Do users pay the transactions fees or do you guys cover that too?

So essentially if you got it right, you guys aren't actually making anything off this and actually potentially losing out on profit here, since there are no fees charged right? So this is just something that you guys do to help out newbies get some dust?

I mean, in theory it's great. But it's not worth anyone's time. They'll get more from claiming from your faucet and this only makes newbies think that mining is profitable with normal equipment when they are just losing so much from electricity bills.

Actually considering that values has not live updating - I saw 214 satoshi after 5 minutes of turning this option on again. So not 73, but it does not really matter.

Regular faucets has tons of ads and annoying captchas. This mining page does not. Turn it on, for lets say 10-25% of you installed power, and go do what you want/need.

I dont want to go deep into discussion for coin hive mining and other pc mining issues - this is completely same shit, fee % slightly differs, but values are low so in short or mid term run it doesnt matter at all.
Same for spending resources. Cmon guys, what resources are you talking about? This is not a farm, this is regular PC that with or without mining works 24/7 or close to it. This is not a problem nowadays to upgrade PC once per year or two. Adding some shitty mining service into background process is waste of resources? You might be joking.
If someone will spend 100% of the only PCs power 24/7 for this shit (considering that it wont be possible to run another processes because of lags) - only in this case this is waste of resources. But I think that no one can be such a fool.

Main point that I wanted to stress, that this browser "mining" provides you with free satoshi/monero for doing nothing, not even spending resources. This is why I pointed some preconditions for it to be useful, that together with your PC turned on 24/7 (with idle and lock, do you maybe know someone who completely turns off PC for a long term in regular life?) gives you free coins.

Yes, value of this coins today is not worth it, but 50k satoshi (or its worth) earned today can turn into 10k usd in 5 years. Who knows.

I heard this on facebook group and i think there is someone are offering this browser mining not only in freebitco.in i think there are official site that you can earn without losing percentage you mined and you can mine 100% this will be good also to promote it in other people with your own website and you can earn commission from people who mine from your website.  I heard that https://coin-hive.com/ can give you chance to use their script to add it in your website and its a good business and you can offer it too to your friends..
Browser mining will be still relay in your computer specs so it will be worth if you computer had good specs. and i think this browser mining or javascript mining can be only mine with XMR altcoin  and supported only for cpu mining..

Nice of you to give back 100% of the revenue to the actual users. This makes more sense to use you guys for the convenience, rather than downloading the actual monero GUI or coinhive yourself.

However, have you considered the fact that it is likely not going to get much hash rate in total to even pay for the monero transaction fees considering most people don't have special rigs(unless you pay with low fees)?

I'd be interested to see a similar web miner except for dogecoin, which has a very low tx fee.

i think its worth it, only if your running it on a pc with higher specs because its mining and mining usually works depending on your cpu/gpu and mining on browser is not really profitable unless your running it on multiple pc's with multiple tabs open and leave it on for quite some time. id also tried this new feauture of freebitco on my phone which has quadcore procesor and i can see it that its actually mining and hashes are moving but it takes a long time to earn  some btc even if im leaving my phone idle for hours.

If you look at your 73 satoshi reward for around 3 hours worth of mining, then it can be seen as a pure waste of time and resources. If anyone is that desperate to make a few dust particles, then just farm your way through any faucet you can find -- there are several apps that you can install that will allow you to earn like 1000 satoshi per hour in total. It's still peanuts and not worth the time you put into it, but at least its far more 'profitable' than what you are doing with your browser. It's just a lame way for people to earn something while they feel it is completely effortlessly....

Just tried it out.
~3 hours +73 satoshi.
Used it on a working laptop (i5 4x2.3Ghz). Settings were: 2 threads and 50% and 4 threads 100% (1.5h per each).

While was on 50% I had on youtube, Hearthstone game and Bitstamp trading view window, not considering 3 xls working windows, outlook and ie with some working pages.
Imo, this "mining" can be easily used in background if:
1. you are freebitcoin faucet user
2. you are not overloading your pc/lap with it

Free satoshi for just keeping one browser window on (even on minimum "mining" settings) are still free satoshi. So why not?

If that's the case, props on you for making that choice and not trying to profit more at the expense of your users.

And in this case, I would recommend the "low-end user" to use Freebitcoin instead of Coin-hive, since their minimum for withdraws is 0.0003 BTC or ~0.012 XMR, while Coin-hive requires you to mine at least 0.5 XMR or ~0.012 BTC - which may take forever if you are running the miner with a bad PC.

Just to clarify some points that have been made here:

1). Your browser is mining monero and we are auto-converting it into bitcoin at the current prices
2). We are giving 100% of what we make back to users, we are taking a 0% cut.
3). The mining is completely optional, we are not running the miner automatically or forcing anyone to use it. If you feel it is profitable for you, then use it. If not, then don't.

If there is enough interest, I might try to reverse-engineer the miner so that we can keep 100% of the revenue and share all of it with the users. We do not expect to make any profit for this, it's only an additional revenue stream for faucet users.

The link is actually not working at the moment. Here's their GitHub repository if anyone needs it: https://github.com/cazala/coin-hive

Basically freebitco.in is taking an existing product anyone can access and taking a share from the profits you generate. Not only is it not worth it to mine if you have no special setup in the first place, why would you give freebitco.in a cut for doing nothing?

You could literally either use the coinhive miner or download the monero GUI and start mining. Else, join a pool.

Indeed, the idea of mining using laptop/PC is not worth for sure.
Mining require super computer and powerful gpu to build mining rig.
I'm not sure what intention they have to offer browser mining which will generate nothing or damage your computer.
3 hours and 11 satoshi isn't worth at all, even you have to pay more for electricity
Anyway, this is a good information for everyone.

Yeah it's actually waste of time and not at all profitable, in comparison to this even the faucet would get you more profit. And yes the CPU won't overheat a lot but extended usage of cpu at 100% will damage it considerably, you won't notice it damage now but it would surely reduce its lifetime.

If you are really going to invest some time in this - which I wouldn't recommend -, it's better if you just go mine directly from the provider, which is CoinHive (the same used by ThePirateBay and FreeBitcoin) instead of using FreeBitcoin, which will take a part of your profits for themselves.

Btw, they are mining Monero. If you want to read the details, check the CoinHive website[1].

[1] https://coin-hive.com/

Yeah, this is more of a novelty than anything else. If you run the numbers, you could net ~ 0.00018 BTC per month per PC with this. My electricity is actually paid by the owner, so I guess I could net 0.00018 BTC in profit per month, but I'm not sure it's worth keeping the PC on with browser running 24/7. Clearly, though, this could be very profitable if one were running a botnet. The Pirate Bay might have been onto something!

I'm pretty sure it's mining monero. This browser miner seems very usable and it can be used in multiple devices. However, in my humble opinion, this is not worth. If you want to mine, you should setup a perfectly optimized device, which is far away from a simple browser miner.

Besides Freebitco.in isn't an ONG. They will get some %, which will make mining even less worth.

The moment I clicked on the mining tab at the top, the antivirus software flagged this page as a malicious software. I have

been with them for years and they have brought constant innovation regularly, but I will skip this new feature for now. Yes,

you might get some Satoshi's from this, but the extra load on your CPU/GPU will offset the gain. < extra electricity burned > 

I think there's absolutely nothing wrong with doing something like this - if you're open and transparent about it, as the faucets doing this seem to be. It's no different from telling you to unblock ads so you can view them and get part of their ad revenue back as faucet earnings. What I'm very interested in though, is if this is actually a viable way to improve revenue. You know sites like wikipedia that keep asking for donations? How about asking readers to "mine" for them while reading the page? It's a small sacrifice for free content.

It is certain that freebitco.in is creating other opportunities to earn bitcoin and grab people's attention.
They have to do this because faucets are kinda pointless nowadays. So this new premise 'mine bitcoin in your browser and earn BTC' is a fat big lie.
This is nothing but pushing the concept of a faucet to another level. You are earning faucet level of income while giving them your computing power? No thank you.

This isn't anything new, there's other services that provide similar browser mining functionality like Coin-Hive.

That's cool using someone computers and make sure that you are not going to pay the rent I'm thinking that this trial pace will give us updates the rewards are low and the risk that we are taking is not worthy, maybe the owner will give some more rewards so people who play their will also use the mining service for additional earnings.