Bitcoin Mining Websites

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Bitcoin Mining Websites

  1. 1. BITCOIN MINING WEBSITES The Future Of Website Monetisation? by Sebastiaan Deckers & Thomas GorissenSunday, June 5, 2011
  2. 2. WHAT DO WE DO? JavaScript Enlightened Advertising Solutions and before Thomas SebSunday, June 5, 2011
  3. 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 ;) • MineableSunday, June 5, 2011
  4. 4. ITCOIN is not • very simple • regulated • yet over the hillSunday, June 5, 2011
  5. 5. WHAT IS IT FOR? Buying Spending Earning Gifting ... “Trading”Sunday, June 5, 2011
  6. 6. A pretty good introduction: http://www.youtube.com/watch?v=Um63OQz3bjoSunday, June 5, 2011
  7. 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. 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 CalculatorSunday, June 5, 2011
  9. 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 MININGSunday, June 5, 2011
  10. 10. “ All money is a matter of belief. Adam SmithSunday, June 5, 2011
  11. 11. WE’RE HIRING! Mail me: thomas@adzcentral.com CBAS@PANDION.IM Seb @SERRYNAIMO ThomasSunday, June 5, 2011

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