JSEcoin utilizes user CPU power to mine Monero cryptocurrency, generating revenue for site owners without ads or tracking.
JSEcoin is a browser-based cryptocurrency mining software that harnesses a website visitor's CPU power to mine Monero coins. It provides an alternative monetization model for website owners beyond ads and tracking.
Here's how it works: Website owners embed a small JavaScript miner on their sites. When visitors browse those sites, the miner utilizes spare CPU capacity to mine Monero. The mined coins accrue to the site owners as earnings. Visitors may notice slightly higher CPU usage while browsing.
As an opt-in service, JSEcoin informs visitors about the mining and allows them to disable it. Earnings convert to dollars via Monero exchange rates. According to JSEcoin, site owners earn $3 to $5 per 1,000 visitors depending on CPU capacity. The service charges a 2.5% cut of earnings.
While providing an innovative monetization method for websites, JSEcoin mining has downsides regarding ethics, security, and visitor experience. Critics argue web miners don't adequately inform or ask consent from visitors before using their devices. Additionally, hackers have injected coin miners on sites without owner permission. However, when implemented ethically, many see benefits in alternatives to ads and tracking.
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