The webstek te question wasgoed created to assist people ter illegally downloading files (movies, games, and music), then hijacked the users’ computers te order to mine digital money. The scheme shows up to be the piracy webstek’s attempt at earning revenue.
It’s no secret that most websites generate income through ad placements — a verhoging that’s largely unavailable for a piracy webstek like Pirate Bay. That’s why they’re resorting to mining cryptocurrencies. This potentially fresh revenue stream, however, isn’t sitting well with its users, spil they are caught by verrassing when their rekentuig’s CPU usage spike sharply, making their computers run more leisurely.
“That truly is serious, so hopefully wij can get some activity on it quickly. And perhaps get some attention for the uploading and commenting bugs while they’re at it,” a Pirate Bay user named “Sid” wrote te a comment, according to TorrentFreak.
A Question of Regulation
Whether this is a viable alternative to ad revenue or not, The Pirate Bay told TorrentFreak that they’re testing it for 24 hours. This development raises an significant point regarding cryptocurrency and mining. Piracy is bad, yes — but exploiting users isn’t a good strategy for any webstek. With the rise of cryptos like Bitcoin , mining has become a widely established practice. Everyone who can afford to spend a few bucks on a dedicated CPU, and pay for tens unit to maintain a blockchain , can mine digital coins.
However, just like how cryptocurrency has bot subjected to questions of regulation, perhaps mining should be looked at the same way. Many say that cryptos like Bitcoin have to be regulated, albeit there’s yet to be a global overeenstemming on the way to go about this. How this regulation extends to mining is another matter altogether. Should wij, for example, enact certain policies to restrict who can mine cryptos, or subject erring users to penalties?
Decentralization is one of the defining points of blockchain and cryptocurrency use, and some see regulation is a potential threat to that. Clearly, a balance vereiste be struck, otherwise people are left unprotected and exposed to potentially exploitative methods — like those who “borrow” your CPU to earn a few virtual coins.
Disclosure: Several members of the Futurism team, including the editors of this lump, are private investors ter a number of cryptocurrency markets. Their private investment perspectives have no influence on editorial content.