Bitcoin mining to earn money from free web content or mobile apps
Unfortunately, the idea also has a couple of disadvantages that I can think of: 1. I have read that it gets progressively harder to mine Bitcoin. Depending on the exchange rate of Bitcoin to physical goods, this could be a problem. My guess is this is a flaw due to the design decisions of Bitcoin. Another virtual currency designed so that mining it does not get progressively less fruitful, would solve this problem. 2. The User could hook the javascript/Browser and possibly steal the mined Bitcoins. This could be mitigated by making it hard enough that the payoff would be too small. Also, for the mobile apps, the hooking and stealing should be a lot harder.
The whole idea seems obvious, so I wonder if anyone has already tried or done this?
2 comments
[ 2.3 ms ] story [ 18.1 ms ] threadIt exists. It's not fair to do it to your visitors, though; the cost to them in increased power consumption is going to be significantly more than the value of the bitcoins you mine (virtually none)