"We add an intermediary 15s step"
"Add a timer to lock items which your users can unlock by mining"
"you can delay showing the results for 5-10s to mine crypto"
"giving your users the awesome experience they deserve."
I love their first FAQ. You don't often see a service that comes out and says "This probably isn't for you."
> Q: Will This Work On My Site?
> A: Technically yes, economically probably not.
That same answer goes on to discuss how much revenue you could actually expect from using this crypto miner: "With just 10–20 active miners on your site, you can expect a monthly revenue of about 0.3 XMR (~$29)."
It seems like in some situations, where users are incentivized to stick around and mine for a bit, this could be an effective model. It seems like there is room for improvement in tuning power consumption and fees charged. Plus, if ad blockers block miners, it's likely a non-starter... but the merits of that are a different debate.
On my laptop (plugged in) I'd much rather donate CPU cycles than deal with ads/trackers/malware/etc.
If I could generate credits when I'm plugged in on my laptop, then use those credits later from my mobile, I wouldn't have to worry about battery.
Even better, if I could generate credits over-night when energy is cheapest - maybe I'd have enough credits to browse the internet ad-free the next day while supporting the creatives/content-producers.
Hi everyone. Founder here. Thanks for the feedback, and I admit, there are a lot of things that we can improve. We have focused more on the technology, and soon are going to update most of the documentation and FAQ.
So this takes 15% fee vs 30% for Coinhive. With almost non-existant barrier to entry, it seems like commission would be driven down to what traditional mining pool cuts (1% or less)
This doesn't have an API though so I don't really understand how you would use it for rewards. With Coinhive you can verify the number of solved hashes per user server-side.
It doesn't bother me too much, all in all. Distracting, sure, but then again, they found a way to draw your attention to the most important button on their website (in their opinion). It doesn't obscure the content like a popup or prevent you from closing the tab with an alert. By my book, that's playing by the rules.
I think all ad blockers and the like should block these miners. Full stop. Not because I'm anti-miner but because serious websites must explicitly ask for users' consent and while doing that it's easy just to whitelist the miner for that specific website when you want to mine. I don't see any dichotomy. The problem is obviously rogue sites mining in the background.
It seems pretty natural for ad blockers to block miners, which extends them more into the space of allowing users to maintain control over their client, rather than purely blocking ads as the name implies.
That being said, the primary concern so far seems to be the CPU melting effect of the mining. (I don't want to use my battery, CPU, etc to make you money without you asking me.) Rather than blacklisting certain domains or requests to crypto-mining services, I'd like to see something that protects against intensive scripts in general.
Here's how I could see it working:
* Services like Coinerra want to do intensive work without blocking site responsiveness, so they should use something like Web Workers.
* Browsers should provide user controls to throttle the execution of Web Workers. This will protect their resources from most intensive scripts.
* Intensive execution on the main thread already has (inelegant) protections (no responsiveness, script timeout warnings). Maybe these will need to be improved as more sites request intense, continuous computations on behalf of clients.
Unfortunately, crypto miners themselves will have little incentive to add the controls on their end, because it is best for their customers if the hashes are computed at the maximum rate. (Well, they will have a little incentive, because throttling may allow them to fly under the radar, providing smaller revenue without being blocked entirely.)
Made a blocker some time ago for Coin Hive and a few others, will add Coinerra to the blocker too. You can check it out on Github: https://github.com/keraf/NoCoin
the js isn't just minified, its been obfuscated (actually adding to the size significantly). it also has the exact same api as coinhive. i wonder what they are trying to hide...
[+] [-] mcintyre1994|8 years ago|reply
"giving your users the awesome experience they deserve."
Awesome experience indeed.
[+] [-] bananicorn|8 years ago|reply
[+] [-] wakamoleguy|8 years ago|reply
> Q: Will This Work On My Site? > A: Technically yes, economically probably not.
That same answer goes on to discuss how much revenue you could actually expect from using this crypto miner: "With just 10–20 active miners on your site, you can expect a monthly revenue of about 0.3 XMR (~$29)."
It seems like in some situations, where users are incentivized to stick around and mine for a bit, this could be an effective model. It seems like there is room for improvement in tuning power consumption and fees charged. Plus, if ad blockers block miners, it's likely a non-starter... but the merits of that are a different debate.
[+] [-] Kiro|8 years ago|reply
[+] [-] jchw|8 years ago|reply
[+] [-] smokeyj|8 years ago|reply
If I could generate credits when I'm plugged in on my laptop, then use those credits later from my mobile, I wouldn't have to worry about battery.
Even better, if I could generate credits over-night when energy is cheapest - maybe I'd have enough credits to browse the internet ad-free the next day while supporting the creatives/content-producers.
[+] [-] Kiro|8 years ago|reply
[+] [-] zdkl|8 years ago|reply
> It's the cheapest miner on the market: 85% to you - 15% to Coinerra
A rapid search turns up crypto-loot.com with 88% payout. That said, it's good to see more actors in this space. Just please get your facts straight!
[+] [-] andrei821|8 years ago|reply
[+] [-] tstyle|8 years ago|reply
[+] [-] hopfog|8 years ago|reply
[+] [-] factsaresacred|8 years ago|reply
Almost as bad as the 'subscribe' popup nonsense way too many websites have.
[+] [-] wakamoleguy|8 years ago|reply
[+] [-] Kiro|8 years ago|reply
[+] [-] wakamoleguy|8 years ago|reply
That being said, the primary concern so far seems to be the CPU melting effect of the mining. (I don't want to use my battery, CPU, etc to make you money without you asking me.) Rather than blacklisting certain domains or requests to crypto-mining services, I'd like to see something that protects against intensive scripts in general.
Here's how I could see it working:
* Services like Coinerra want to do intensive work without blocking site responsiveness, so they should use something like Web Workers.
* Browsers should provide user controls to throttle the execution of Web Workers. This will protect their resources from most intensive scripts.
* Intensive execution on the main thread already has (inelegant) protections (no responsiveness, script timeout warnings). Maybe these will need to be improved as more sites request intense, continuous computations on behalf of clients.
Unfortunately, crypto miners themselves will have little incentive to add the controls on their end, because it is best for their customers if the hashes are computed at the maximum rate. (Well, they will have a little incentive, because throttling may allow them to fly under the radar, providing smaller revenue without being blocked entirely.)
[+] [-] TrickyRick|8 years ago|reply
[+] [-] another35|8 years ago|reply
haha
Anyways, it's time for a miner blocker browser plugin I guess, this sucks!
[+] [-] keraf|8 years ago|reply
[+] [-] helb|8 years ago|reply
Mining services are fighting back by registering additional "random" domains though: https://github.com/jspenguin2017/uBlockProtector/issues/636#...
[+] [-] Kiro|8 years ago|reply
[+] [-] ChrisGranger|8 years ago|reply
[+] [-] orfeo77|8 years ago|reply
[+] [-] lynxaegon|8 years ago|reply
[+] [-] snek|8 years ago|reply
[+] [-] zer0123|8 years ago|reply
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