[kwlug-disc] Another Humble Bundle: Cryptocurrency

Chris Craig kwlug.org at ciotog.net
Wed Oct 11 16:58:19 EDT 2017


It's profitable because the cost is being externalized, not because
it's efficient.

On 11 October 2017 at 16:19, Khalid Baheyeldin <kb at 2bits.com> wrote:
> My point was:
>
> If an interpreted language inside a browser is profitable, then compiled
> binaries can do it better.
>
> On 10/11/17, Bob Jonkman <bjonkman at sobac.com> wrote:
>> -----BEGIN PGP SIGNED MESSAGE-----
>> Hash: SHA1
>>
>> Mining in Javascript is profitable for the website that receives the
>> results of my browser's work. It is not profitable for me, who expends
>> my CPU cycles and my electricity to perform the work.
>>
>> - --Bob.
>>
>>
>> On 2017-10-11 04:11 PM, Khalid Baheyeldin wrote:
>>> Here is something I mentioned in passing, about web site sending
>>> Javascript to mine cryptocurrency in a distributed fashion on
>>> their visitors' browsers ...
>>>
>>> If mining (for a certain cryptocurrency, Monero in this case) is
>>> profitable in Javascript,  then it can be done on less powerful
>>> hardware (for the time being, until it becomes unprofitable).
>>>
>>> https://yro.slashdot.org/story/17/10/11/1929250/pirate-bay-is-mining-cryptocurrency-again-no-opt-out
>>>
>>>
>> - --
>> Bob Jonkman <bjonkman at sobac.com>          Phone: +1-519-635-9413
>> SOBAC Microcomputer Services             http://sobac.com/sobac/
>> Software   ---   Office & Business Automation   ---   Consulting
>> GnuPG Fngrprnt:04F7 742B 8F54 C40A E115 26C2 B912 89B0 D2CC E5EA
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>> iEYEARECAAYFAlnee/sACgkQuRKJsNLM5eokbwCgjkGjrnGsBkXvjsmqE/snh3yU
>> NQsAoNPaJ+xQv9Im+E6f8xgo3M53RtSP
>> =1gmh
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>>
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>
>
> --
> Khalid M. Baheyeldin
> 2bits.com, Inc.
> http://2bits.com
> Drupal optimization, development, customization and consulting.
> Simplicity is prerequisite for reliability. --  Edsger W.Dijkstra
> Simplicity is the ultimate sophistication. --   Leonardo da Vinci
>
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