You are right, but replace Bitcoin with the latest Fadcoin and it might get lucrative again.
One cool idea that is also gaining traction is in-browser proof of work to prevent DDOS attacks. Basically you have to perform a lengthy computation to get past the (fast, ultra-high bandwidth) firewall. Doesn't slow down the individual user much, but makes an attack much more difficult. I could imagine people using malicious JS to get these proof-of-work tokens.
But yeah, computing power in the cloud has become fairly cheap, it's really hard to see how criminals could benefit from secretly serving WebAssembly to people.
One cool idea that is also gaining traction is in-browser proof of work to prevent DDOS attacks. Basically you have to perform a lengthy computation to get past the (fast, ultra-high bandwidth) firewall. Doesn't slow down the individual user much, but makes an attack much more difficult. I could imagine people using malicious JS to get these proof-of-work tokens.
But yeah, computing power in the cloud has become fairly cheap, it's really hard to see how criminals could benefit from secretly serving WebAssembly to people.