Powering ESP8266EX with batteries and a voltage divider So I recently bought a ESP8266 chip, it requires 3V3 and a large current( around 210mA max which is more than that can be supplied by an arduino uno at least). I managed to connect it to my arduino uno and got it to operate in standby mode, but Wifi mode wouldn't work because it requires more power.

After reading multiple online articles, I've decided to construct my own power supply. I'm planning on hooking 3 AAA batteries in series(4V5) and then use resistors(of small values to decrease power loss) to construct a voltage divide which powers the chip. 

My concern is that I have not seen a single person doing this online and this seems like a straight forward thing to do, which makes me worried. Did I miss something? Is my plan feasible?
There's a good reason why you can't do this.

When you power something like an ESP, the current it consumes will vary over time, as it does different things. For the purposes of current consumption, you could model the device as a resistor  whose resistance varies (greatly) over time. When it's in sleep mode with the radio off, it might be a 10k resistor. When it's active with the radio on full power, maybe a 30ohm resistor. 

A potential divider divides voltage according to the ratio of the resistances. You are talking about putting your ESP in parallel with one of the resistors. Putting two resistors in parallel creates a new resistor with a resistance lower than either of the two.

If you want to calculate the resistance of two parallel resistors, it's R = (R1 x R2) / (R1 + R2). 

What values would you choose for the resistors in the potential divider?  You'd have to go for values much lower than 15ohm in order for the 'resistance' of the ESP not to greatly affect the behavior of the divider - say 5ohm in total. This would mean your divider alone would draw a current of 1A from a 5v supply.

Fortunately, voltage regulators and buck converters are easily and very cheaply available. I recently bought a pack of five 3.3v regulator modules from China, delivered for less than £2.

Alternatively, you can create a reasonably stable supply from a reference voltage with just a single NPN transistor, but I don't know offhand whether it would be good enough for this application.