Bitcoin Mining Websites
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This document discusses bitcoin mining websites as a potential future of website monetization. It provides an overview of bitcoin, explaining that it is a digital cryptocurrency that was created in 2009 and can be mined through computers solving complex math problems. The document then discusses how websites can implement bitcoin mining through JavaScript scripts to convert visitors' computing power into bitcoins earned for the site owner. However, it notes that JavaScript mining is very inefficient. The document encourages informing and allowing users to opt-out of mining on sites.
Bitcoin Mining Websites
- 1. BITCOIN MINING WEBSITES The Future Of Website Monetisation? by Sebastiaan Deckers & Thomas Gorissen Sunday, June 5, 2011
- 2. WHAT DO WE DO? JavaScript Enlightened Advertising Solutions and before Thomas Seb Sunday, June 5, 2011
- 3. ITCOIN is • Digital Crypto Currency • Two years old • Open Source • Created by Satoshi Nakamoto • Peer-to-peer • buzzingly popular • Decentralised • Kind of brilliant afaics ;) • Mineable Sunday, June 5, 2011
- 4. ITCOIN is not • very simple • regulated • yet over the hill Sunday, June 5, 2011
- 5. WHAT IS IT FOR? Buying Spending Earning Gifting ... “Trading” Sunday, June 5, 2011
- 6. A pretty good introduction: http://www.youtube.com/watch?v=Um63OQz3bjo Sunday, June 5, 2011
- 7. HOW CAN I GET BITCOINS? • Buywith Paypal or your creditcard (current rate USD ~9.46 at mtgox.com) • Mine bitcoins yourself with Mining-Software • Have others mine bitcoins for you on your website with JavaScript. (e.g. bitp.it) or by using WebCL (e.g. kradminer.com) Sunday, June 5, 2011
- 8. THE JS MINER • Simple script you load • Don’t worry, it will decrease • Turns visitors computing • Sustainable? Yeamaybe... power into bitcoins perhaps • JS is ferociously inefficient • 5000 users/day staying 2 minutes on your site each = USD ~25.00/month with JS • USD ~2,500/month with WebCL Bitcoin Calculator Sunday, June 5, 2011
- 9. IN ANY CASE... • Inform your users. Let them participate in earnings or opt-out. • Offer mining as alternative or complimentary to advertisement. • Don’t mine on mobile devices. iPhone batteries suck hard enough already. RESPECTFUL MINING Sunday, June 5, 2011
- 10. “ All money is a matter of belief. Adam Smith Sunday, June 5, 2011
- 11. WE’RE HIRING! Mail me: thomas@adzcentral.com CBAS@PANDION.IM Seb @SERRYNAIMO Thomas Sunday, June 5, 2011