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I remember reading a research paper estimating that coinhive made over $250,000 every month. What do you think about this?
by entelia09 8y ago
I remember reading a research paper estimating that coinhive made over $250,000 every month. What do you think about this?
- chroem- 8y agoCoinhive was making that much in aggregate, but the websites running their client were not. It couldn't replace ad revenues, especially after the prices crashed, and thus people ceased using it.
- littleboxes 8y agoCoinHive. Not CoinHive's customers.
- bitxbitxbitcoin 8y agoHope this helps illustrate the point: That $250,000 every month amount was made at the cost of way more than $250,000 worth of electricity.
- entelia09 8y agoBut it wasn't coinhive or coinhive's users who were paying for it. Website visitors carried the cost...
- JshWright 8y agoWe were all paying for it...
- nukemandan 8y agoBut the cost to remove ads here is very worth spending that electricity over my attention.
- criddell 8y agoWhat about the environmental and other external costs? I run an ad blocker most of the time because crappy ads and ad-tech uses a lot of bandwidth and battery. Crypto-mining is even worse for power consumption.
- Scoundreller 8y agoAnd website visitors may have gotten website content that wouldn't have existed otherwise. We wouldn't have as much web content as we do today if it weren't for web advertising. (Just another form of payment).