Home / News / Financial / Salon Magazine ...

SALON MAGAZINE USE READERS' PCS TO MINE CRYPTO-CASH


Date: 2018-02-14
Salon, Salon Magazine,  Digital currencies, Cryptocurrencies, Newsfeeds, Blockchain Technology, Monero, Financial, bitcoin mining, crypto mining, blockchain, Cryptocurrency, Bitcoin,Newsfeeds24,

Salon, Salon Magazine,  Digital currencies, Cryptocurrencies, Newsfeeds, Blockchain Technology, Monero, Financial, bitcoin mining, crypto mining, blockchain, Cryptocurrency, Bitcoin,Newsfeeds24,

If users choose to block advertising, US Publication, Salon, will use that user's computer to mine for Monero, a cryptocurrency similar to Bitcoin. Creating new tokens of a cryptocurrency typically requires complex calculations that use up a lot of computing power.

Salon Magazine told its readers: "We intend to use a small percentage of your spare processing power to contribute to the advancement of technological discovery, evolution and innovation."

This site makes use of CoinHive, a controversial mining tool that was recently used in an attack involving government websites in the UK, US and elsewhere.

Unlike that incident, where hackers took control of visitors' computers to mine cryptocurrency, Salon notifies users and require them to agree before the mining begins.
"I've opted-in to Salon's new revenue model using CoinHive," wrote security researcher Troy Mursch.

"100% of my CPU is now used by them to mine cryptocurrency. As my computer slows to crawl and quickly begins to heat up, I struggle to navigate their website."

The approach harnesses a computer's spare processing power when the user is browsing Salon.com after a user accepts a prompt asking for permission. Shortly after, readers will hear their cooling fans kick into action, and the computer is put to work, as it uses more power.

Salon told readers the idea was part of a trail. "For our beta program, we’ll start by applying your processing power to mine cryptocurrencies to recoup lost ad revenue when you use an ad blocker," the company said.

"We plan to further use any learnings from this to help support the evolution and growth of blockchain technology, digital currencies and other ways to better service the value exchange between content and user contribution."




Article Tags: Newsfeeds24 Bitcoin Cryptocurrency blockchain crypto mining bitcoin mining Financial Monero Blockchain Technology Newsfeeds Cryptocurrencies Digital currencies Salon Magazine Salon

Recommended


You may also enjoy...

Newsfeeds24 Newsfeeds24.com News Toronto Canada Van attack Canada van attack Alek Minassian Alek Minassian van attack

Video: The man who plowed a van into 19 pedestrians has been arrested and identified...

4 hours ago

Brian Habana Retires Springbok legend Springbok leading try scorer rugby newsfeeds24 retirement South African rugby

Video: Say farewell as Springbok legend Brian Habana retires...

12 hours ago

COSATU SAFTU National Strike South Africa SAFTU strike will not be supported by Cosatu  #SaftuStrike April 25 Civil society Minimum wage News Newsfeeds24.com

SAFTU strike will not be supported by COSATU...

15 hours ago

House of Windsor newsfeeds24 royal family tree Kensington Palace Catherine Prince William Princess Charlotte Prince George  London St Mary's Hospital Duke and Duchess of Cambridge Royal baby

Video: The world welcomes a new royal prince into the House of Windsor...

16 hours ago

favicon
newsfeeds24.com © 2018