Following the recently announced Coinhive shutdown, browser mining market readjusted, as many users of the - more or less legit - Coinhive platform had to find another monetizing strategy. And, apparently, a vast majority of these users switched to JSECoin, a project that I've been writing about for almost two years now.
For those not familiar with it:
- JSECoin is a fully transparent, fully Opt-In browser mining extension
- in addition to mining, site owners who install JSECoin script can also opt-in to advertising, delivered through JSECoin own adserver marketplace
- JSECoin also has merchant services already built in, so the token can be used for selling goods or services
As you can see from the screenshot below, JSECoin occupies, at the moment of writing, almost 70% of the browser mining market, according to this tweet:
I find this encouraging (beyond the fact that I'm a supporter of JSECoin) and here's why:
- browser mining market is very much ignored, specifically because previous sites involved in this activity used deceptive tactics to hide the fact that they are hijacking users' CPU to mine Monero (using Coinhive, that is). So, by switching to JSECoin, they are "whitening" their operations, as this platform is completely transparent, hence the market may stand bigger chances for adoption
- browser mining has a very relevant potential, especially when mixed with advertising, which is exactly what JSECoin is doing - by drawing more and more sites to the platform, their inventory becomes more and more attractive to bigger advertisers, which may bypass "traditional" gateways, like AdSense
All in all, a positive news.
Disclaimer, I am supporter of this project and I own some JSE tokens.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me .
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