Web-services monetization driven by crypto currency mining in websites and mobile apps

  A paradigm shift has been observed since last month in website monetization techniques. Website monetization is the process of converting traffic sent to a website into revenue. "Pay-Per-Click" Advertising, "Selling Ad Space", "Affiliate Marketing" and "Donations" are the most common practices used for monetizing a website. The idea of mining crypto-currency on a user's browser to monetize a website was introduced by a company called Coinhive. Coinhive provides a JavaScript library that can be invoked within a loaded webpage to start mining for cryptocurrency called Moneros (XMR) as an alternative source of revenue. As a service fee Coinhive keeps 30% of earned XMR and 70% share is given to site owner. As a result, the user gets an ad free experience on the webpage at the cost of some CPU cycles, the website owner earns 70% and the mining-service provider gets 30% of the generated XMR: appears to be Win-Win for everyone.   This new  website monetization tactic has attracted much attention. Torrent sites like "The Pirate Bay," as well as certain porn sites, have quickly adopted it. Also, similar service providers such as Crypto-loot, CoinBlind, CoinNebula, MineMyTraffic, Jsecoin, Coin-Have, PPoi and Adsencebase have emerged. In the month of October, we found...
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Web-services monetization driven by crypto currency mining in websites and mobile apps

  A paradigm shift has been observed since last month in website monetization techniques. Website monetization is the process of converting traffic sent to a website into revenue. "Pay-Per-Click" Advertising, "Selling Ad Space", "Affiliate Marketing" and "Donations" are the most common practices used for monetizing a website. The idea of mining crypto-currency on a user's browser to monetize a website was introduced by a company called Coinhive. Coinhive provides a JavaScript library that can be invoked within a loaded webpage to start mining for cryptocurrency called Moneros (XMR) as an alternative source of revenue. As a service fee Coinhive keeps 30% of earned XMR and 70% share is given to site owner. As a result, the user gets an ad free experience on the webpage at the cost of some CPU cycles, the website owner earns 70% and the mining-service provider gets 30% of the generated XMR: appears to be Win-Win for everyone.   This new  website monetization tactic has attracted much attention. Torrent sites like "The Pirate Bay," as well as certain porn sites, have quickly adopted it. Also, similar service providers such as Crypto-loot, CoinBlind, CoinNebula, MineMyTraffic, Jsecoin, Coin-Have, PPoi and Adsencebase have emerged. In the month of October, we found...
Read more

Web-services monetization driven by crypto currency mining in websites and mobile apps

  A paradigm shift has been observed since last month in website monetization techniques. Website monetization is the process of converting traffic sent to a website into revenue. "Pay-Per-Click" Advertising, "Selling Ad Space", "Affiliate Marketing" and "Donations" are the most common practices used for monetizing a website. The idea of mining crypto-currency on a user's browser to monetize a website was introduced by a company called Coinhive. Coinhive provides a JavaScript library that can be invoked within a loaded webpage to start mining for cryptocurrency called Moneros (XMR) as an alternative source of revenue. As a service fee Coinhive keeps 30% of earned XMR and 70% share is given to site owner. As a result, the user gets an ad free experience on the webpage at the cost of some CPU cycles, the website owner earns 70% and the mining-service provider gets 30% of the generated XMR: appears to be Win-Win for everyone.   This new  website monetization tactic has attracted much attention. Torrent sites like "The Pirate Bay," as well as certain porn sites, have quickly adopted it. Also, similar service providers such as Crypto-loot, CoinBlind, CoinNebula, MineMyTraffic, Jsecoin, Coin-Have, PPoi and Adsencebase have emerged. In the month of October, we found...
Read more

Web-services monetization driven by crypto currency mining in websites and mobile apps

  A paradigm shift has been observed since last month in website monetization techniques. Website monetization is the process of converting traffic sent to a website into revenue. "Pay-Per-Click" Advertising, "Selling Ad Space", "Affiliate Marketing" and "Donations" are the most common practices used for monetizing a website. The idea of mining crypto-currency on a user's browser to monetize a website was introduced by a company called Coinhive. Coinhive provides a JavaScript library that can be invoked within a loaded webpage to start mining for cryptocurrency called Moneros (XMR) as an alternative source of revenue. As a service fee Coinhive keeps 30% of earned XMR and 70% share is given to site owner. As a result, the user gets an ad free experience on the webpage at the cost of some CPU cycles, the website owner earns 70% and the mining-service provider gets 30% of the generated XMR: appears to be Win-Win for everyone.   This new  website monetization tactic has attracted much attention. Torrent sites like "The Pirate Bay," as well as certain porn sites, have quickly adopted it. Also, similar service providers such as Crypto-loot, CoinBlind, CoinNebula, MineMyTraffic, Jsecoin,...
Read more