Topic: Your thoughts on the web based mining ? (Read 1594 times)
i also do not see the point, maybe in the early days but difficulty too high now.
A browser plugin would be more effective way of getting people on board.
Like this http://bitminter.com/ ?
Also, thinking about trying some of these ideas again with this https://bitcointalksearch.org/topic/ltc-online-litecoin-miner-52386
run it for a few days on a site that isn't easy to exploit and gets visits, then look at the logs, it's not a good idea at the moment.
A browser plugin would be more effective way of getting people on board.
Having tried it myself, I currently think it's worthless. Sure, it is MUCH more accessible than other methods of mining, and it is very useful if you are trying to convince your friends who are not so tech-savvy to mine, but it doesn't have that fine degree of control that stand-alone miners would offer.
Also, GPU mining < CPU mining.
Also, GPU mining < CPU mining.
it is good idea
Very soon with the difficulty ramping up, there wont be any point in doing that anyway.
I don't think it is worth it now. Any buisness using a web based miner is going to end up with diminshing returns you run into the computer being unresponsive, on top of that the potential loss of buisness due to frustrated customers is never going to equal having bought mining equipment and running it yourself.
Very soon with the difficulty ramping up, there wont be any point in doing that anyway.
Any buisness using a web based miner is going to end up with diminshing returns you run into the computer being unresponsive, on top of that the potential loss of buisness due to frustrated customers is never going to equal having bought mining equipment and running it yourself.
I don't see it going anywhere because it's so inefficient compared to other types of mining that the returns don't come close to the costs. Even if it's just 30 watts or so for the CPU to do 1 mhash. If wikipedia averaged 100,000 users doing 30 watts each 24 hours a day, that's 72,000 kilowatt hours a day for 100ghash, or about $11k in electricity for $1500 in bitcoins.
I do not fully understand all the math behind things, so excuse my ignorance (and honestly I rather it be explained if possible), but I thought the theory behind doing something like this is the cost of such small amounts of whatever electricity being used over such a mass amount of computers would in fact make a difference and override the electricity used. Is the difficulty really at a point right now where this is not feasible even for Wikipedia?
I don't see it going anywhere because it's so inefficient compared to other types of mining that the returns don't come close to the costs. Even if it's just 30 watts or so for the CPU to do 1 mhash. If wikipedia averaged 100,000 users doing 30 watts each 24 hours a day, that's 72,000 kilowatt hours a day for 100ghash, or about $11k in electricity for $1500 in bitcoins.
The entire thing is a grey area IMO. People have put iframes of competitor websites set to reload every few seconds to DDOS them. In either case you are taking a resource (bandwidth vs cpu time). Also you have to factor in some platforms run on batteries and putting a CPU at 100% degrades life significantly.
I figure a medium sized business could also throw this on the back end of most their workers computers if there is a lot of web based work. Throw it back into the company. Show BTC in more legitimate ways.
Video is definitely a good one though.
Video is definitely a good one though.
I would really only use it if I was providing active content. Like a flash game, movie or chart.
I have gone into it with maybe a dash of denial that people would think a browser based miner like BitcoinPlus or Bitp.it would be something negative. And maybe I am assuming that putting this out here would bring some sort of negativity.
Is it wrong to still kind of think it possible for a Wikipedia or other larger site contributing mass amounts of computers to mining, using a more fine tuned script maybe. Either way I think that if a user is able to know that this is going on in a nice way (I like how BitcoinPlus has an explanation page for that, I do not however like this going on)
The use of computers as bots is obviously where lines get drawn I hope for most here.
Is it wrong to still kind of think it possible for a Wikipedia or other larger site contributing mass amounts of computers to mining, using a more fine tuned script maybe. Either way I think that if a user is able to know that this is going on in a nice way (I like how BitcoinPlus has an explanation page for that, I do not however like this going on)
The use of computers as bots is obviously where lines get drawn I hope for most here.
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