As cryptocurrency mining becomes more closely associated with 'pirate' sites, some private torrent trackers are implementing an interesting solution to their own economic problems. Through the use of miners, users are able to generate revenue for a site but they're also given so-called 'upload credit' in return, which in itself is a virtual currency variant used to 'buy' content.
Ever since The Pirate Bay crew added a cryptocurrency miner to their site last month, the debate over user mining has sizzled away in the background.
The basic premise is that a piece of software embedded in a website runs on a user’s machine, utilizing its CPU cycles in order to generate revenue for the site in question. But not everyone likes it.
The main problem has centered around consent. While some sites are giving users the option of whether to be involved or not, others simply run the miner without asking. This week, one site operator suggested to TF that since no one asks whether they can run “shitty” ads on a person’s machine, why should they ask permission to mine?
It’s a controversial point, but it would be hard to find users agreeing on either front. They almost universally insist on consent, wherever possible. That’s why when someone comes up with something innovative to solve a problem, it catches the eye.
Earlier this week a user on Reddit posted a screenshot of a fairly well known private tracker. The site had implemented a mining solution not dissimilar to that appearing on other similar platforms. This one, however, gives the user something back.
Another example showing how innovative these mining implementations can be was posted by a member of a second private tracker. Although it’s unclear whether mining is forced or optional, there appears to be complete transparency for the benefit of the user.
The mining ‘Top 10’ on a private tracker
In addition to displaying the total number of users mining and the hashes solved per second, the site publishes a ‘Top 10’ list of users mining the most currently, and overall. Again, some people might not like the concept of users mining at all, but psychologically this is a particularly clever implementation.
Utilizing the desire of many private tracker users to be recognizable among their peers due to their contribution to the platform, the charts give a user a measurable status in the community, at least among those who care about such things. Previously these charts would list top uploaders of content but the addition of a ‘Top miner’ category certainly adds some additional spice to the mix.
Mining is a controversial topic which isn’t likely to go away anytime soon. But, for all its faults, it’s still a way for sites to generate revenue, away from the pitfalls of increasingly hostile and easy-to-trace alternative payment systems. The Pirate Bay may have set the cat among the pigeons last month, but it also gave the old gray matter a boost too.
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://torrentfreak.com/private-torrent-sites-allow-users-to-mine-cryptocurrency-for-upload-credit-171008/
Upvote my posts yours done
Good article. I upvote you, but please write a credit to your source.
Article source: https://torrentfreak.com/private-torrent-sites-allow-users-to-mine-cryptocurrency-for-upload-credit-171008/