[IDEA] Bitcoin-Based Minecraft Economy

[uncaer9]

You would trade your resources(diamonds, gold, iron etc.) for Bitcoins. It actualy works in Entropia Universe so why not in Minecraft?

[1715330467]

1715330467

[pharno]

have thought about that yesterday, but I think not many are into Minecraft AND Bitcoin...

[Ryland R. Taylor-Almanza]

I'm into minecraft AND bitcoin, and run a fairly popular minecraft server. If anyone decides to create this, I will implement it immediately.

[grue]

"/give" breaks this system entirely

[sakkaku]

You would trade your resources(diamonds, gold, iron etc.) for Bitcoins. It actualy works in Entropia Universe so why not in Minecraft?

Because you are getting something with nothing put into the market.  Say I join the server, mine and cash out.  I have contributed nothing to your operating expenses, etc.  So either you end up in the negative or ingame assets are worth next to nothing.

Entropia Universe gets around this by basically making you pay to do anything.  You have to pay to level up weapons, pay to get decent gear to hunt, etc.  Then theoretically you can get money out of the system by selling off goods you produce.  I haven't bothered looking at it since like 2004-2005 but the general premise probably hasn't changed.

What you could do is offer to give players resources for btc.  But the other direction is a risky move unless the entire system is designed to work that way.

[bitbetter]

You would trade your resources(diamonds, gold, iron etc.) for Bitcoins. It actualy works in Entropia Universe so why not in Minecraft?

Does anyone use the shops plugin on their server? Seems like you could implement Bitcoin easily within the infrastructure of the money system used with that plugin. If you haven't used it, basically, someone sets up a shop and people are able to buy things from it. You can even advertise it and all sorts of good stuff. I'd think having a way to use bitcoins to fund your 'money' account to purchase the goods from the shops would be pretty cool.

Why hasn't someone done this yet actually? Might be fun. You could have people completing jobs for bitcoin and all sorts of other uses I could think of for Minecraft. It seems like they were made for each other.

[pharno]

offtopic: what about a minecraft server for bitcoin users?
We would probably need about 50$ per month, I can get 10 of it (in bitcoins).

[Ryland R. Taylor-Almanza]

offtopic: what about a minecraft server for bitcoin users?
We would probably need about 50$ per month, I can get 10 of it (in bitcoins).

I believe this was discussed in another thread, but I'm not sure if it ever got anywhere. I do have an extra 4GB Ram VPS I could use if your interested, but I'd want to at least make some of my money back. Maybe users would pay a small bitcoin fee to get whitelisted? It would be like a pay2play bitcoin server.

[Ryland R. Taylor-Almanza]

Started a new thread for this.
http://forum.bitcoin.org/index.php?topic=23395.0

[gigabytecoin]

Notch at least seems like the type of guy we may be able to convince to accept bitcoins as a form of Payment for minecraft.

[LightRider]

Notch at least seems like the type of guy we may be able to convince to accept bitcoins as a form of Payment for minecraft.

I agree. Exchanging a finite currency for functionally infinite virtual goods doesn't seem like a good idea.

[Sukrim]

I'm not really into minecraft - but is it possible to "on-the-fly" generate ressources in the world there at random places for a server operator?

As I don't know about currencies etc., I'll just assume there exists "gold" as in nearly every computer game!

Could it be possible to create a server that has 0 gold nuggets/blocks in the whole "world" but if someone donates 10 Satoshis, 9 units of gold are randomly created on the fly anywhere in the world which can be traded at the operator for 1 Satoshi each (the 10th goes to the server owner for upkeep).

This would mean you would really have to MINE for coins in this game...


Combined with my suggestion of using Mining shares as micropayments, the operator could even set up a pool (or proxy-pool, depending on how many users he/she has) and create gold pieces according to the current value of valid shares submitted. This would mean you mine bitcoins which then can be mined (+ claimed) in Minecraft.

[LightRider]

Someone should make a mod that executes a hash attempt every time you mine a block.

[Sukrim]

Would take quite some time - even with diff-1 share pools.

edit:
Maybe make it solve a share (which can be easily confirmed) before being able to mine a block in Minecraft? Might take a quite few seconds each, depending how fast your GPU is.

[cande]

yeah, each time you mine a block in minecraft, the server send you a share to solve.. if you use nanobitcoin in the game, it's still a fair chance to earn some value within the game.

[firefop]

right - make the game client mine at your server/pool then set the exchange rates according to profitability...

[TraderTimm]

I always thought it would be amusing to have Minecraft mining be linked to bitcoin mining - even if it was somewhat superficial. Just the fun of the actual game and some of the practical benefits of bitcoin joined together would amuse me.

Perhaps you could set up some kind of intermediary, where you have an existing pool of bitcoins held - and it distributes fractions based on some kind of probability linked to a game metric. Although people are correct you couldn't make it directly related to block creation/destruction since the system is so open in that regard.

I'd play a variation on this in a second if it existed.

Hmm was thinking more on this --- what about an actual bitcoin BLOCK, and only a few get seeded in the world? Not sure how you'd get around people trying to use cartography apps to map out block layers though...

[b!z]

I always thought it would be amusing to have Minecraft mining be linked to bitcoin mining - even if it was somewhat superficial. Just the fun of the actual game and some of the practical benefits of bitcoin joined together would amuse me.

Perhaps you could set up some kind of intermediary, where you have an existing pool of bitcoins held - and it distributes fractions based on some kind of probability linked to a game metric. Although people are correct you couldn't make it directly related to block creation/destruction since the system is so open in that regard.

I'd play a variation on this in a second if it existed.

Hmm was thinking more on this --- what about an actual bitcoin BLOCK, and only a few get seeded in the world? Not sure how you'd get around people trying to use cartography apps to map out block layers though...

Interesting concept, I'd play this as well.

[caffeinewriter]

Anybody with access to the "/give" command should automatically have their name forcefully and permanently changed to Ben Bernanke.

Also, anyone looked at this?

http://www.thebitmines.com/the-bit-mines-shop/

Somewhat similar, but not the same.

[SgtSpike]

I always thought it would be amusing to have Minecraft mining be linked to bitcoin mining - even if it was somewhat superficial. Just the fun of the actual game and some of the practical benefits of bitcoin joined together would amuse me.

I could absolutely do this with my server the way I have it set up.  We're already tracking each block mined in a mysql database as it is, so paying like 10 satoshis per block mined or placed (/give doesn't matter) is absolutely feasible and would probably be fairly easy.  I think I'll start working on this.  It'd be a good way to get people to use Bitcoins, and as an added bonus, more people are interested in playing on the server!