I don’t have too much deep knowledge about crypto currency development and its tech(not interested to learn about it too)
But one thing I’m familiar is that people who like them and work for it needs large amount of hardware power to mine them.
Recently, People have been buying Hardwares just to mine them and some hardware manufacturers has been price hiking due to scarce… so my thought is that, while billions of people already own a computer, why not make it a norm(business model) to use people’s system’s power as a way to make money ?
Some websites partner with mintme.com and they’re making money.
To Enrich the Brave’s Userbase numbers and to make yourself a better way to make money, this is something which you should be considering as your development’s next big push (instead of keep following watch ad to earn BAT and that bat could help users to make money)
This is wiser because with brave ads rewards, users need to perform action(watch ads) and their attention becomes a priority but with this mining type of business model, they don’t need to perform any action, just keeping their browser ON would be enough.
Websites like uptobox.com discloses the mining attempts to earn money for themselves in an effort to remove ads for their website. However, there will be many websites in the future that will be discreetly(silently) using this tech and business model without user’s knowledge to earn money.
All in all, with those types of business models, Only the website owners will earn money and not the end user whom they are making use of ->>> i think that shouldn’t be the way, the convincing and fair deal would be people who accept the mining business(end users) as well as the developers both should earn money.
Example, end users receiving 80% of the revenue and developers receiving 20% of the revenue, 20% might seem lesser but remember that you also have other source of income such as Brave ads, subscriptions, Brave vpn, Brave talk…etc.
The mining business scheme should be added as a browser rich feature so that people who don’t use brave ads rewards can use it as alternative. Instead of being on a particular website, make it as a browser wide feature so that whenever the browser is ON, the mining process utilizing our computer’s power gets started.
To avoid conflicts with other websites which also attempt mining and as an improvement to brave shields, add an option called “Block Mining attempts” in the brave shield panel to block mining attempts Globally(so that only the browser can make use of user’s computer’s power for mining and in exchange for the hardware power sharing deal, brave browser would give back money in return for users granting the permission to let the developers use their computer power (to share it with the companies who are looking for ways to mine cryptocurrencies))
Instead of letting crypto companies wasting money on purposefully buying new hardwares just for the sake of mining cryptocurrency, make it as a norm to implement a business model to make use of the CPU power of all existing pc hardwares.
Most of the time, people’s CPU consumption would scale about 10 to 15%
so there is nothing wrong for the users to supply/share 20 to 30% of their hardware power if the hardware power exchange lets the users to make money. Make the business model as a slider ranging from 10 to 30% so people who set the slider to 10%(less processor power consumption to less payout rates) and 20%(medium payout rates) and 30% slider with heavy power consumption to highest payout rates.
If you’re looking for new ways to make money and improving brave rewards, this is something which you should consider. Even with Brave ads, you need to focus on region based ads but with mining schemes, it’s just all about consuming user’s computer hardware power.
