Coinhive
Coinhive is a JavaScript miner for the Monero blockchain that can be embedded into websites to allow site owners to monetize traffic through browser-based cryptocurrency mining.
monero
mining
javascript
Coinhive: JavaScript Miner for Monero Blockchain
Embed Coinhive into your website to mine Monero blockchain with JavaScript, monetizing traffic on the fly
What is Coinhive?
Coinhive is a JavaScript-based cryptocurrency miner that was launched in September 2017. It allows website owners to embed a script on their sites that uses visitors' CPUs to mine the Monero cryptocurrency.
The idea behind Coinhive is to provide an alternative revenue stream for website owners other than online ads. By running the Coinhive miner on a site, visitors passively give computing power to mine coins which then go to the site owner.
However, Coinhive has also been widely used for cryptojacking, which is the practice of embedding the miner surreptitiously into sites without visitors' consent. This unauthorized use of others' computing resources sparked controversy and security concerns around Coinhive and in-browser mining.
In early 2019, Coinhive announced it would be shutting down its services after briefly introducing an opt-in version. The prevalence of ad blockers and anti-mining tools meant it was no longer viable to run a JavaScript miner business model.
Coinhive Features
Features
- Browser-based cryptocurrency mining
- Embed Coinhive script into websites
- Monetize website traffic through mining
- Support for the Monero blockchain
Pricing
- Freemium
Pros
Passive income generation for website owners
No need for users to install any software
Leverages unused computing power of visitors
Potential alternative to traditional advertising
Cons
Can be seen as a form of cryptojacking
Requires users to have their CPU resources used without consent
Potential performance issues for users with limited resources
Privacy concerns related to user data and mining activities
Official Links
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