Topic: Monero mining in browser (Read 218 times)

It seems to have a very negative impact considering how browsers are actively trying to block them along with antiviruses tagging them as harmful. No one ever really mines using their own browsers anyway. It's not a very good look for Bitcoin either because the less tech-savvy seem to think they're planted by Bitcoin hackers and that they all mine Bitcoin.

They're potentially an excellent alternative to ads if they were transparent. I mean, at least the user knows exactly what it's doing, unlike ads which may contain harmful code. On the other hand, even if they were transparent, there's still the issue of the visitor's computer bogging down whenever they use your website, so it may actually turn away visitors. There's also a stigma of cryptocurrencies being associated with hackers and viruses, so people may not want to run anything that's miner related.

Either way I run an ad blocker (uBlock Origin) along with a script blocker (NoScript) so I don't have to deal with either lmao.

Agree.. Since they warn users it could be a good alternative to monetize sites.

Hi,

Very interesting discussion here. Allow me to provide a different perspective on this topic. The internet content and publishing industry is plagued with quite a few pain points. Digital publishers and content creators are constantly looking for new monetization models that can help alleviate some the disruption advertising causes to their own business, as well as their consumers’ experiences. These businesses are essentially being held hostage.

Today, free content consumption on the internet requires users to give up personal data and privacy for targeted advertising. This is due to the fact that advertising has been the only real means of digital publisher monetization since the internet's inception.

This is bound to break, as recent studies suggest some 40% of desktop users are using ad blocking software. Publishers are losing revenue, losing site visitors, or both. Therein lies the massive opportunity for disruption - IF someone is able to offer a safe and transparent alternative monetization model that also improves their user experience, digital publishers and content consumers can evolve together.
 
It is a mistake to think that mining can only create immediate, short-term returns. Unfortunately, that is the trend to date, as 99% of miners are considered malware and exploitative in nature.

However, this doesn’t need to represent the future. Real innovation often starts with some serious friction. The narrative around web mining will need to slowly develop into one of excitement and potential. If that happens, this could roll into a movement that ignites positive change.

Personally, I'm sceptical about Coinhive and other similar mining scripts. I don't like websites which using Coinhive secretly without informing their users about it. It's very annoying on old computers, laptops and smartphones. This is why I was forced to install addons to my browser which block these mining scripts.
And I don't know why website owners are using Coinhive - it doesn't gives reasonable profit, it only can cause negative opinion of users about website.

Not always. I've done some research and I found some guys on this forum https://bitcointalksearch.org/topic/pre-ann-moonizio-xmr-miner-reward-currency-4803597

They claim to provide a respecftul miner- https://medium.com/moonify/moonify-a-respectful-browser-miner-716234105d3e I’ve read the article and that’s somewhat impressive.

From a legal point of view I don't see how Coinhive or the owner of the website is asking a permission first to use the CPU's power of the site's visitors. Therefore some have concluded with these kinds of javascript plug-ins where using your site visitors Desktop's CPU for mining without permission is called "cryptojacking" and a lot of people are not aware that these kinds of thing is happening, just take a look at this Reddit post on how he came across that the UFC's webpage is using their viewers' mining power unknowingly. First of all they just intend to visit the website, they didn't give you permission to use their CPU to mine Monero for you to earn, they are obviously using much more power compared to what is intended for browsing. I cannot pinpoint the exact violation but you are definitely violating a law related to improper use of a private property of another without permission.

If I were you I will just stick to advertisements being shown in your website for monetization rather than using these kinds of plugins that intend to use others' desktops for mining, some might actually file a case against you for a recovery of property, and when your visitors band together you are really in big trouble.

1. It's not fun. It could be "OK-ish" if you can make the miner have low priority, but normally it's annoying. Also if you don't ask specifically for permission you may face lawsuits.
2. Whether you ask for permission or not, there's a very good chance the browsers will not allow it/not run it in the very near future. There are words about browsers encapsulating protection to mining for quite some months.

I think browser mining is just a quick way to get some money if you have high traffic on your site, but it really annoys people, so you can't use it for a long time and expect that your traffic won't go down.

But how can you determine if a site has this tool to mine monero?  Are there any indicators or signs that you can pinpoint to determine this?
This would greatly help to avoid those sites that slow your computer.

I would not prefer visiting such sites, ads is always better though it is blocked, it may affect the speed of the site as well I don't know much about that.

Aren`t they annoying ? personally i dont llike it at all.

Ads can be really annoying and browser mining is quite original alternative but the problem is way how admins using it. Most of sites (if not all of them) never inform the visitor this is happening. Which is IMO quite serious issue because it increase the power consumption of PC (or w/e) and user's utility bill without his awareness ... so it's actually a theft.

Maybe I would agree if site admins would inform and ask for permission or at least let the user set how much cpu can be used. But no. It's always hidden and full throttle.  

If the website asks for the user's permission and lets him choose how much power he wants to "donate", then that's not a big deal.

The problem is when they mine in secret without the user's consent and try to get as many hashes per second as possible, raping his computer and making it lag/crash.

Coinhive is blocked by many anti virus programs... I think it's too heavy on websites.
Why do you think it's a fun way? Your computer starts to get slow from it

I know this is the beginners forum but figured some may be able to anwer.
Do you think that coinhive has had a negative impact on browser mining? What do you think of this in general? I feel that ther are mixed responses but i think it is quite a fun way to help business instead of ads.