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Donate Your Tab — Mine Crypto in your browser to help people in need
Donate Your Tab is mining Monero (XMR), in your browser, and donating money to worthy causes.
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@joshdance @mikebodge : I also have the same question, given the massive compute capacity available in the miner network (ex. the slush pool), how many hours of of collective tab sessions are required to generate significant hashes and actually generate donations ?
Is there an empirical or a mathematical formula to it; f(hours) = number bitcoins generated or number of hashes solved.
Great product btw !
@joshdance @mikebodge @shivekkhurana
According to https://www.cryptocompare.com/mi... you need 58000 H/s at the moment to mine 1 XMR per day. I was getting around 70 H/s on my i7 6700k. So running it for an entire day would generate XMR 0.001220 which is around USD 0.10795. On my end, I'll be at a deficit of USD 0.576 for the electrical power spent mining.
Love the idea, but do you make it easy to track the crypto to the wallets of the actual causes? Trust but verify etc. :) How can someone be sure the money is going where it should?
Great idea -- trying it out now! Is there a way for me to see how much I've personally generated for my cause?
Hey @Mikebodge - This is a really cool idea, curious how you came up with it. I like that a bunch of underutilized laptops running through the night could generate significant cash for some awesome causes! 🙌
@helloduane Hi, thanks! My reason for making it is two fold:
1. I'm super interested in cryptocurrency these days (and I know I'm not alone). Silk Road and malware miners being installed on hacked sites don't help its reputation so I thought about how I could do something for good. The site is intentionally simple so anyone can dive into mining and hopefully get interested in it too.
2. A lot of people are feeling helpless these days with all that's going on in the world. This is literally the lowest barrier of entry to helping a cause. Just load up a website and let it sit there. For some people spending 1 minute to call their senator is too much of a barrier of entry.
Cool idea in theory, but won't the electricity costs for the people donating their processing power exceed the value of the crypto coins mined? & if so, wouldn't it be better for them to just donate that money instead?
It is an interesting concept but still skeptic on the functionality of the system? Mining takes time and if my tab is closed while mining and the mining is not finished, what happens to all the processing done at my end? Is it additive or wasted?
Anyway, I am using it daily and while I see it running, it gives a sense of pride that I am contributing for a cause.
Pros:Enabling people to make contributions with the existing resources. Clean UI/UX...helps you get started in a click.
Cons:Need for a better explanation about the working.
How does this work is in the upper right corner, not sure it was their the time you posted your comment, though.
Hey @mikebodge -
Very cool idea, but wouldn't it be cheaper and waste way less energy for most people to just donate vs. using electricity to mine?
@evan_besser The best way to help charities is of course donating directly (whether that's with money or time). You're using your computer already, so why not just leave a tab open and passively help?
@mikebodge @evan_besser Maybe but since we are all keeping our computer on all the time, why not help charities instead of just wasting energy!
@mikebodge @evan_besser @marylise if you can come up with a simpler way then definitely! More than "I don't want to donate", it's the friction in donation that causes many to not donate. What donate your tab seems to be doing here is remove that friction. Which I think is brilliant!
@mikebodge 👏 🃏
@mikebodge Completely agree and I didn't mean to oversimplify getting people to actually donate. My understanding of using CPU to mine cryptos, however, is that the electricity required to mine on your usual laptop is actually more costly than the crypto itself. I'm curious if there's some way around this.
Hey Mike,
Great idea. With the release of Coin Hive, I actually started brainstorming about the exact same thing a few days ago. I also wanted to keep it super simple, but what held me back was that it would get *slightly* more technical than I wanted it to (time that I couldn't commit right now), and that factor comes down to creating a transparency mechanism. How do users knows that The Hispanic Federation is actually getting their well-deserved charity hashes? Do you see smart contracts coming into play in the future, in order to preserve said transparency?
Additionally, thank you for sparing us all, and not doing some sort of shitty, not-thought-through token sale scheme around your product. Which, I'm sure next week, thanks to Coin Hive's new platform, we will get hit with a wave of "ICOs" that are bound to make the world a better place :P
I'll definitely be setting my tab to your product, and I hope it catches on. The math (and assumptions, more importantly) provided on your FAQ page are exactly correct, and having the ability to give that kind of money to the right cause for a mere ⌘T is incredible 😎
Hey @Mikebodge, this is a great idea! I'm the maker of "Donate to Puerto Rico" (https://www.producthunt.com/post...). Can we get in touch? @AhanSabharwal on Twitter - DMs are open.
Brilliant!
How will you make people open it every day? I want to participate but I'm sure in a few days I'll forget about it.
Can you white-label it so charities can put it on their website?
Absolutely love the concept! The fact of the matter is that people want to do "good" but with the daily routine etc, it becomes impossible to contribute. Big believer of block-chain and I felt this application is a great step in utilizing this technology in a positive light.
Pros:Simple UI, first donation medium which actually makes sense to me!
Cons:Nothing overarching - I'd still use this regardless.
Love it. This is a form of 'click' activism that can actually make a difference. Set it and forget it. Let's start a grassroots effort to get colleges, libraries, etc. make this their homepage so the computers can mine while they sit idle.
@mikebodge what an awesome idea, I've got my tabs open as I work and shared the link with friends 👊🏾
It may sound strange to say, but the explanation is still not transparent enough…!
Love the idea, simple, to the point, makes the world better - Thumbs up Mike.
Summer Bod 2020