A bitcoin bank based on religion? Not really sure I understand this.. I mean what is the difference between the 'Islamic bitcoin bank' and ..say.. the 'flying spaghetti monster bitcoin bank' ?

Hang on here - MicroCash isn't peer2peer and has absolute central control.

This thing isn't a cryptocurrency in any meaningful sense, it's a central database with a pretty client attached.

CoinHunter knows that most users understand little about how these things work. He intends to fool them with a pretty GUI and steal their coins with taxes they probably won't understand either. Apart from that the network is grossly insecure both to outside attacks and acts of CoinHunter.

It's good to see new companies using Bitcoin, but I can't help but think this idea is a bit daft.

Rather than burning through energy and CPU/GPU cycles to earn a few quid, would it not just be better to ask for Bitcoin micro payments each month?


EDIT: To add, gamers are likely to have non-optimised rigs, compared with the next generation mining kit too, making it pretty wasteful. It is still good to see companies embracing Bitcoins though.