That means that even if you scale the work to take at most 10 seconds on the client machine, you'll be able to crack 1/s on a $5/mo on digitalocean. That's ~2.6M answers a month. That's $0.002 per 1000 captchas, instead of $0.70 mentioned on the website and as a bonus it removes the part where you rely on people who could mistype things.
I really want it to work, but does the economic balance actually work here against the spammers or for them?