[XMR] Monero Speculation - page 554.

cryptimus prime

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Quote from: Hueristic on September 21, 2017, 10:13:30 PM

Quote from: SolarStorm on September 21, 2017, 06:44:05 PM

This is a good idea. getmonero.org could have a page on the site where people can choose to mine for a while for a certain charity. It would be a really good marketing stunt Grin

getmonero.org should be setup to do this.

It is an amazing idea.
We could choose also some marketing active charities and inform them about it. It would improve the XMR image.

Also donations to the development fund could be done on this way.

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: ?? on ??

https://cryptofundamental.com/are-webminers-the-microtransaction-dream-realized-bd0e472ea7b0

I think we've got a killer app on our hands, this will disrupt so many aspects of the web from ads to captchas. It will be pretty ironic that Monero will accomplish mass adoption by these means when shitcoins like ethereum tried everything with their smart contracts and it was Monero and the vilified PoW that made mainstream with solid utility.

Yeah, it's quit amusing, Lol

Quote from: bitebits on September 21, 2017, 12:13:47 PM

Indeed a very interesting development, I would definitely enable it on certain websites in exchange for no ads (I currently block all ads even on websites I support because of the possibility of malware and a general aversion against advertising).

X2

Quote from: BitcoinNewsMagazine on September 21, 2017, 02:18:31 PM

There are already specific plugins for Chrome (No Coin) and Firefox (CoinBlock 1.0) to block coin-hive. The adblockers will soon also block the js coin miners by default. Don't really see coin-hive having much traction long term consumers will not stand for it.

Most people don't monitor their CPU usage.

Quote from: garytheasshole on September 21, 2017, 06:37:36 PM

I find it hilarious they captioned this "Fair payouts"

Well It's a little high for a mining pool, but I'm sure those running this will figure out how to use other pools.

Quote from: SolarStorm on September 21, 2017, 06:44:05 PM

This is a good idea. getmonero.org could have a page on the site where people can choose to mine for a while for a certain charity. It would be a really good marketing stunt Grin

getmonero.org should be setup to do this.

LennyCarl

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Quote from: garytheasshole on September 21, 2017, 08:09:42 PM

Quote from: Anon136 on September 21, 2017, 08:09:00 PM

Quote from: garytheasshole on September 21, 2017, 06:56:22 PM

Well excuse me to burst your bubble, what grander scope implementation are you talking about? Oh wait you're just dreaming. You think it's easy and cheap to distribute work tasks across millions of clients and take a beating from millions of hashes submitted each second?

Quote from: garytheasshole on September 21, 2017, 07:48:45 PM

I'm not, actual stratum pools manage just fine with 1-3% fee on average.

Not sure how you reconcile these two posts. Did you really think 1-3% would burst my bubble? You seem disingenuous.

I wasn't responding to you. If I was I would have quoted you, like now, now I am responding to you, that I wasn't responding to you. I hope I made myself clear.

What have I said wrong? That these transactions aren't free, and that 30% is fucking ridiculous for a transaction? What's wrong with you people?

LOL, OK I'll bite. We're still wondering why you're not glossed "garytheniceguy". Tongue

garytheasshole

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Quote from: Anon136 on September 21, 2017, 08:09:00 PM

Quote from: garytheasshole on September 21, 2017, 06:56:22 PM

Well excuse me to burst your bubble, what grander scope implementation are you talking about? Oh wait you're just dreaming. You think it's easy and cheap to distribute work tasks across millions of clients and take a beating from millions of hashes submitted each second?

Quote from: garytheasshole on September 21, 2017, 07:48:45 PM

I'm not, actual stratum pools manage just fine with 1-3% fee on average.

Not sure how you reconcile these two posts. Did you really think 1-3% would burst my bubble? You seem disingenuous.

I wasn't responding to you. If I was I would have quoted you, like now, now I am responding to you, that I wasn't responding to you. I hope I made myself clear.

What have I said wrong? That these transactions aren't free, and that 30% is fucking ridiculous for a transaction? What's wrong with you people?

Anon136

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Quote from: garytheasshole on September 21, 2017, 06:56:22 PM

Well excuse me to burst your bubble, what grander scope implementation are you talking about? Oh wait you're just dreaming. You think it's easy and cheap to distribute work tasks across millions of clients and take a beating from millions of hashes submitted each second?

Quote from: garytheasshole on September 21, 2017, 07:48:45 PM

I'm not, actual stratum pools manage just fine with 1-3% fee on average.

Not sure how you reconcile these two posts. Did you really think 1-3% would burst my bubble? You seem disingenuous.

garytheasshole

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Quote from: smooth on September 21, 2017, 07:36:01 PM

Quote from: garytheasshole on September 21, 2017, 06:56:22 PM

Well excuse me to burst your bubble, what grander scope implementation are you talking about? Oh wait you're just dreaming. You think it's easy and cheap to distribute work tasks across millions of clients and take a beating from millions of hashes submitted each second?

You're contradicting yourself. Earlier you ridiculed calling it 'fair payouts' and now you are telling us (correctly) that there are significant costs to provide this service.

There aren't any real barriers to entry here. If someone can offer a better deal to web hosts looking to monetize, they will.

I'm not, actual stratum pools manage just fine with 1-3% fee on average. 30% is daylight robbery, you're right thought, everyone is free to offer an alternative.

smooth

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Quote from: garytheasshole on September 21, 2017, 06:56:22 PM

Well excuse me to burst your bubble, what grander scope implementation are you talking about? Oh wait you're just dreaming. You think it's easy and cheap to distribute work tasks across millions of clients and take a beating from millions of hashes submitted each second?

You're contradicting yourself. Earlier you ridiculed calling it 'fair payouts' and now you are telling us (correctly) that there are significant costs to provide this service.

There aren't any real barriers to entry here. If someone can offer a better deal to web hosts looking to monetize, they will.

Anon136

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Quote from: garytheasshole on September 21, 2017, 06:56:22 PM

Quote from: Anon136 on September 21, 2017, 06:40:22 PM

Quote from: garytheasshole on September 21, 2017, 06:37:36 PM

Quote from: Anon136 on September 21, 2017, 06:30:24 PM

Quote from: ?? on ??

https://cryptofundamental.com/are-webminers-the-microtransaction-dream-realized-bd0e472ea7b0

I think we've got a killer app on our hands, this will disrupt so many aspects of the web from ads to captchas. It will be pretty ironic that Monero will accomplish mass adoption by these means when shitcoins like ethereum tried everything with their smart contracts and it was Monero and the vilified PoW that made mainstream with solid utility.

I think this is hinting at something much deeper here. Something far more profound. Yea yea monetizing websites without add blocker. Don't get me wrong that is cool. But did he just say practical micro-payments!? By doing proof of work for the benefit of someone else you can send small amounts of value to anyone you want for any reason you want for ~0 transaction cost. The scope of this surely must be greater than the article alludes to.

It's far from ~0 transaction cost, they skim 30% of the hashes.

I'm talking about a grander scope and you are drilling down on one specific implementation of the idea by one specific firm. Kind of going in the opposite direction of what I had in mind there.

Well excuse me to burst your bubble, what grander scope implementation are you talking about? Oh wait you're just dreaming. You think it's easy and cheap to distribute work tasks across millions of clients and take a beating from millions of hashes submitted each second?

Ok fine. Not 0 transaction cost. But perhaps still much more reasonable than the price of a winning bid for space on a blockchain. So the greater point potentially remains valid.

garytheasshole

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Quote from: Anon136 on September 21, 2017, 06:40:22 PM

Quote from: garytheasshole on September 21, 2017, 06:37:36 PM

Quote from: Anon136 on September 21, 2017, 06:30:24 PM

Quote from: ?? on ??

https://cryptofundamental.com/are-webminers-the-microtransaction-dream-realized-bd0e472ea7b0

I think we've got a killer app on our hands, this will disrupt so many aspects of the web from ads to captchas. It will be pretty ironic that Monero will accomplish mass adoption by these means when shitcoins like ethereum tried everything with their smart contracts and it was Monero and the vilified PoW that made mainstream with solid utility.

I think this is hinting at something much deeper here. Something far more profound. Yea yea monetizing websites without add blocker. Don't get me wrong that is cool. But did he just say practical micro-payments!? By doing proof of work for the benefit of someone else you can send small amounts of value to anyone you want for any reason you want for ~0 transaction cost. The scope of this surely must be greater than the article alludes to.

It's far from ~0 transaction cost, they skim 30% of the hashes.

I'm talking about a grander scope and you are drilling down on one specific implementation of the idea by one specific firm. Kind of going in the opposite direction of what I had in mind there.

Well excuse me to burst your bubble, what grander scope implementation are you talking about? Oh wait you're just dreaming. You think it's easy and cheap to distribute work tasks across millions of clients and take a beating from millions of hashes submitted each second?

Anon136

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Quote from: 949miner on September 21, 2017, 06:47:27 PM

Guys i dont know what to do with my moneros, i dont know if should i wait until it recovers to $150, or just dump them now that the price is a little bit quiet, i only have 1,50 monero's, but i think it is more profitable if i sell them and buy any other cheap alts that are so down right now, almost all the market is bleeding at the moment.
I dont know what to do

If I only had a couple of hundred dollars to invest I would personally be looking for substantially greater risk assets with greater upside. But that's just me. I would hit the pavement and get to reading new whitepapers. Lots of new whitepapers. As many as I could get my hands on.

garytheasshole

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Quote from: 949miner on September 21, 2017, 06:47:27 PM

Guys i dont know what to do with my moneros, i dont know if should i wait until it recovers to $150, or just dump them now that the price is a little bit quiet, i only have 1,50 monero's, but i think it is more profitable if i sell them and buy any other cheap alts that are so down right now, almost all the market is bleeding at the moment.
I dont know what to do

Jerk off.

Bitcoin is taking punches, monero is not immune to it, do whatever you want, sell now and take a loss, all alts are dropping.

949miner

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Guys i dont know what to do with my moneros, i dont know if should i wait until it recovers to $150, or just dump them now that the price is a little bit quiet, i only have 1,50 monero's, but i think it is more profitable if i sell them and buy any other cheap alts that are so down right now, almost all the market is bleeding at the moment.
I dont know what to do

SolarStorm

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Quote from: Billy Bunter on September 21, 2017, 02:37:35 PM

Quote from: BitcoinNewsMagazine on September 21, 2017, 02:18:31 PM

There are already specific plugins for Chrome (No Coin) and Firefox (CoinBlock 1.0) to block coin-hive. The adblockers will soon also block the js coin miners by default. Don't really see coin-hive having much traction long term consumers will not stand for it.

One exception might be charities. Visitors to the home page of their favorite charity might well be motivated to run the miner. Leave the miner running in one tab and continue browsing in the others. It's easy for the user, satisfies their moral obligations, and raises money for the charity. it's a win-win. I've no idea of how much is involved but ten thousand browsers running the miner on the home page of a chancer charity would raise a few bucks, surely?

If Monero could develop their own miner it could be donated to charities - all proceed go to them with no middle man.

"Give to your favorite charity, courtesy of Monero - the private currency. For further information visit getmonero.org"

This is a good idea. getmonero.org could have a page on the site where people can choose to mine for a while for a certain charity. It would be a really good marketing stunt Grin

Anon136

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Quote from: garytheasshole on September 21, 2017, 06:37:36 PM

Quote from: Anon136 on September 21, 2017, 06:30:24 PM

Quote from: ?? on ??

https://cryptofundamental.com/are-webminers-the-microtransaction-dream-realized-bd0e472ea7b0

I think we've got a killer app on our hands, this will disrupt so many aspects of the web from ads to captchas. It will be pretty ironic that Monero will accomplish mass adoption by these means when shitcoins like ethereum tried everything with their smart contracts and it was Monero and the vilified PoW that made mainstream with solid utility.

I think this is hinting at something much deeper here. Something far more profound. Yea yea monetizing websites without add blocker. Don't get me wrong that is cool. But did he just say practical micro-payments!? By doing proof of work for the benefit of someone else you can send small amounts of value to anyone you want for any reason you want for ~0 transaction cost. The scope of this surely must be greater than the article alludes to.

It's far from ~0 transaction cost, they skim 30% of the hashes.

I'm talking about a grander scope and you are drilling down on one specific implementation of the idea by one specific firm. Kind of going in the opposite direction of what I had in mind there.

garytheasshole

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Quote from: Anon136 on September 21, 2017, 06:30:24 PM

Quote from: ?? on ??

https://cryptofundamental.com/are-webminers-the-microtransaction-dream-realized-bd0e472ea7b0

I think we've got a killer app on our hands, this will disrupt so many aspects of the web from ads to captchas. It will be pretty ironic that Monero will accomplish mass adoption by these means when shitcoins like ethereum tried everything with their smart contracts and it was Monero and the vilified PoW that made mainstream with solid utility.

I think this is hinting at something much deeper here. Something far more profound. Yea yea monetizing websites without add blocker. Don't get me wrong that is cool. But did he just say practical micro-payments!? By doing proof of work for the benefit of someone else you can send small amounts of value to anyone you want for any reason you want for ~0 transaction cost. The scope of this surely must be greater than the article alludes to.

It's far from ~0 transaction cost, they skim 30% of the hashes.

Quote

Fair Payouts

We pay per solved hash. The payout rate is adjusted automatically every few hours based on the global difficulty of the network and the average reward per block. The payout rate is calculated like this:

(/) * * 0.7

With the current network difficulty of 28.963G (updated Sep 19, 2017 - 19:39:40 GMT) and average block reward of 6.82 XMR:

(/28962598531) * 6.82 XMR * 0.7 = 0.000165 XMR per 1M hashes

I.e. you get 70% of the average XMR we earn. Unlike a traditional mining pool, this rate is fixed, regardless of actual blocks found and the luck involved finding them. We keep 30% for us to operate this service and to (hopefully) turn a profit.

We try to run this service with as much transparency as possible. If your users solve hashes, you get paid. Period. The minimum payout threshold is 0.5 XMR (~$43).

Please understand that we are still testing the waters. At the moment all payouts have to be approved manually from our side, but we promise to do so at least once a day. We will offer automatic payments down the line, once we have determined that our systems are stable and sound.

I find it hilarious they captioned this "Fair payouts"

Anon136

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Quote from: ?? on ??

https://cryptofundamental.com/are-webminers-the-microtransaction-dream-realized-bd0e472ea7b0

I think we've got a killer app on our hands, this will disrupt so many aspects of the web from ads to captchas. It will be pretty ironic that Monero will accomplish mass adoption by these means when shitcoins like ethereum tried everything with their smart contracts and it was Monero and the vilified PoW that made mainstream with solid utility.

I think this is hinting at something much deeper here. Something far more profound. Yea yea monetizing websites without add blocker. Don't get me wrong that is cool. But did he just say practical micro-payments!? By doing proof of work for the benefit of someone else you can send small amounts of value to anyone you want for any reason you want for ~0 transaction cost. The scope of this surely must be greater than the article alludes to.

garytheasshole

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Quote from: ?? on ??

Quote from: smooth on September 21, 2017, 05:14:31 PM

Quote from: BitcoinNewsMagazine on September 21, 2017, 02:18:31 PM

There are already specific plugins for Chrome (No Coin) and Firefox (CoinBlock 1.0) to block coin-hive. The adblockers will soon also block the js coin miners by default. Don't really see coin-hive having much traction long term consumers will not stand for it.

11% of web users run ad blockers. Enough to pay attention to but not enough to dramatically change anything. Source https://pagefair.com/blog/2017/adblockreport/

Others have noted cases where users may voluntarily run it, to earn reward points, etc.

It is an interesting development, though we are in the early stages still.

Not sure it will be regarded as legitimate. Remember this? https://www.wired.com/2014/09/mit-students-face-aggressive-subpoena-demanding-source-code-bitcoin-mining-tool/

It wont be regarded as legitimate since some retards working for uncle sam subpoenaed a student project? Fail to see the logic in that

Anyway monero is far superior for mining in browser than bitcoin, the nethash rate at this time is "only" 248,380,000 that's "just" 24.8 million browsers doing 10 h/s

smooth

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Quote from: BitcoinNewsMagazine on September 21, 2017, 02:18:31 PM

There are already specific plugins for Chrome (No Coin) and Firefox (CoinBlock 1.0) to block coin-hive. The adblockers will soon also block the js coin miners by default. Don't really see coin-hive having much traction long term consumers will not stand for it.

11% of web users run ad blockers. Enough to pay attention to but not enough to dramatically change anything. Source https://pagefair.com/blog/2017/adblockreport/

Others have noted cases where users may voluntarily run it, to earn reward points, etc. Smarter sites will likely limit CPU usage to <100% so users don't find the page annoying and close it.

It is an interesting development, though we are in the early stages still.

garytheasshole

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Quote from: Pajulapoiss on September 21, 2017, 02:51:02 PM

Quote from: bitebits on September 21, 2017, 12:13:47 PM

Quote from: ?? on ??

https://cryptofundamental.com/are-webminers-the-microtransaction-dream-realized-bd0e472ea7b0

I think we've got a killer app on our hands, this will disrupt so many aspects of the web from ads to captchas. It will be pretty ironic that Monero will accomplish mass adoption by these means when shitcoins like ethereum tried everything with their smart contracts and it was Monero and the vilified PoW that made mainstream with solid utility.

Indeed a very interesting development, I would definitely enable it on certain websites in exchange for no ads (I currently block all ads even on websites I support because of the possibility of malware and a general aversion against advertising).

The world's popular torrent download website, The Pirate Bay, has recently been caught generating revenue by secretly utilizing CPU power of its millions of visitors to mine a Bitcoin alternative called Monero without their knowledge.

Source: http://thehackernews.com/2017/09/pirate-bay-cryptocurrency-mining.html

Assholes, twitter traffic should monetize nicely with Miley Cyrus nudes endlessly buffering while mining.

Pajulapoiss

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Quote from: bitebits on September 21, 2017, 12:13:47 PM

Quote from: ?? on ??

https://cryptofundamental.com/are-webminers-the-microtransaction-dream-realized-bd0e472ea7b0

I think we've got a killer app on our hands, this will disrupt so many aspects of the web from ads to captchas. It will be pretty ironic that Monero will accomplish mass adoption by these means when shitcoins like ethereum tried everything with their smart contracts and it was Monero and the vilified PoW that made mainstream with solid utility.

Indeed a very interesting development, I would definitely enable it on certain websites in exchange for no ads (I currently block all ads even on websites I support because of the possibility of malware and a general aversion against advertising).

The world's popular torrent download website, The Pirate Bay, has recently been caught generating revenue by secretly utilizing CPU power of its millions of visitors to mine a Bitcoin alternative called Monero without their knowledge.

Source: http://thehackernews.com/2017/09/pirate-bay-cryptocurrency-mining.html

Topic: [XMR] Monero Speculation - page 554. (Read 3314316 times)