CryptoTab Browser has a built-in mining algorithm to extract while you browse
CryptoTab is an internet browser with a built-in mining algorithm. The browser not only promises to extract encryption while surfing, but also claims to offer speeds up to 8 times faster than Google Chrome.
CryptoTab has been compared to Honeyminer, which allows anyone to extract their computer. It is also similar to Nicehash, which offers similar functionality.
A quick online search reveals some bold claims from CryptoTab users. Some users say they are making $ 30,000 a month via CryptoTab, for example.
Let's take a closer look at how CryptoTab works and what makes it different from competitors like Honeyminer.
How does CryptoTab work?
CryptoTab is an internet browser available as a free download from CryptoBrowser.site. The browser presents an integrated mining algorithm and claims to offer speeds up to 8 times faster than Google Chrome.
Overall, the interface of CryptoTab is similar to Google Chrome. You can enjoy the familiar interface of Chrome and at the same time earn crypto in the background.
CryptoTab takes less than a minute to download and install. Developers emphasize light and fast software that can be synchronized across multiple devices. You can even import Chrome data into your browser to transfer all your files, folders, bookmarks and history.
You can download CryptoTab as a standalone browser or as an extension for your existing browser.
Functionality of CryptoTab
CryptoTab advertises all the following features:
150,000 extensions: CryptoTab supports Chrome extensions, which allow you to add all the extensions you usually enjoy on Google Chrome, including ad blocking, security tools, performance enhancement tools, themes, and more.
Free download: CryptoTab is available as a free download from CryptoBrowser.site.
Import data: CryptoTab allows you to import data from Chrome and other browsers, which also means transferring your favorites, history, extensions, favorites and user interface.
My Bitcoins: CryptoTab automatically extracts bitcoins from your browser. CryptoTab claims to constantly exploit cryptocurrency via the browser, which means that you are automatically mining each time the browser tabs are open. However, CryptoTab states that mining speed is greater when the browser window is active ("CryptoTab uses processor resources more efficiently when the browser window is active"). All mining is done through an extension. As far as we know, CryptoTab extracts only bitcoins (BTC).
Multi browser support: CryptoTab is available as a free standalone download, but allows for the import of data from Chrome, Firefox, Microsoft Edge, Opera and Safari.
Invite friends: CryptoTab offers reference prizes. You can earn more by referring to friends. In fact, CryptoTab has a 10-level referral network.
Synchronization between devices: The CryptoTab browser can be synchronized on multiple devices. Login to copy the changes on all devices.
Payments directly on a BTC portfolio: You can withdraw your CryptoTab earnings at any time directly to a BTC portfolio, although there is a minimum withdrawal amount of 0.00001 BTC.
How much can you do with CryptoTab?
CryptoTab is vague about how much money you can expect to do by running CryptoTab as a browser.
However, the company claims that you can expect to earn the minimum withdrawal amount "on the first day". The minimum withdrawal amount is 0.00001 BTC, which is $ 0.065 USD.
CryptoTab supports you they should expect to earn the minimum withdrawal amount on the first day, but do not guarantee it. So, in an ideal scenario, you'll earn about $ 0.07 a day, which equates to $ 2.10 a month or about $ 25 a year. This does not take into account the cost of supplying the computer with electricity, which is likely to cancel any gain.
Remember: this is the best scenario. CryptoTab seems to suggest that you will earn less than $ 0.07 on some days.
A quick online search shows that users report even worse daily earnings of $ 0.07 per day. Ultimately, it is impossible to extract bitcoins profitably on a normal laptop or desktop computer, and it is particularly difficult to extract bitcoins profitably using a browser that exploits the processing power and RAM of the computer.
However, there is a difference between extracting bitcoins on their own using the computer and extracting bitcoins via CryptoTab. CryptoTab has a mining pool that collectively groups members' resources, giving everyone a better chance of earning a block reward.
CryptoTab allows you to earn money with a 10-level pyramid scheme
Ultimately, like the similar encryption systems, CryptoTab's point is not to make money by extracting bitcoins through the browser. Even computers with high-end and super-efficient GPUs can not take advantage of bitcoins profitably today – and you will certainly not be able to profitably exploit my bitcoins with a browser that only uses your CPU.
Instead, CryptoTab's point is to channel you into the reference system and encourage you to make money that way. By directing as many people as possible and inviting your friends to report people, you can fill out your pyramid, then earn money based on the number of people in your 10-level pyramid that have been active in the last 24 hours.
The more people you refer to the platform, the more money you earn.
Who is behind CryptoTab?
The developers of CryptoTab have published limited information about themselves online.
The CryptoBrowser.site website includes an email address: [email protected] Apart from that, we can not find further contact information, location information or names for CryptoTab developers.
CryptoTab Versus Nicehash Versus HoneyMiner
There are many browser-based data mining systems on the Internet today. CryptoTab, Nicehash and HoneyMiner are three of the largest. Less known options include Winminer, Minergate and Computta.
As far as we know, all these data mining systems work the same way: they all easily promise mining wealth to anyone who uses the system in their browser. However, the only one true the way to make a profit is to get people to join through your referral link.
Ultimately, if you're looking for an easy way to extract cryptocurrency with a standard desktop or laptop and make money, you will not find it without adhering to a pyramid scheme like CryptoTab or Honeyminer.
Conclusion: can you really earn $ 30,000 a month via CryptoTab?
No, you can not earn $ 30,000 a month via CryptoTab.
In reality, bitcoins can not be extracted profitably from most normal desktop platforms. Unless you have an ASIC or some other specialized bitcoin miner, you will spend more on electricity than you do with the bitcoin mining on most platforms.
CryptoTab states that you can expect to earn $ 0.07 a day by extracting bitcoins through its browser system. In reality, most users earn less per day.
So, why do people claim you can earn $ 30,000 a month via CryptoTab? Well, the platform is essentially a giant pyramid scheme. CryptoTab has a 10-level referral system. Earnings based on the number of miners active in your network in the last 24 hours. If you can tell a group of people to sign up for CryptoTab via your referral link, you can earn extra income.
Ultimately, if you believe you can convince thousands of users to sign up for CryptoTab via your referral link, you may be able to earn some money. Most users, however, will not make money with CryptoTab.
Genesis Mining vs MinerGate vs HashFlare vs NiceHash [Mining As A Service]