A website which solely depends on ads to earn revenue may not gain anything from a visitor who uses ad blocker. Too many ads in a web page will also make it unattractive and irritating to readers. This problem has been overcome through Coinhive, which allows the use of a visitor’s CPU power to mine crypto currency during a visit to the website. It is win-win situation for both website owners and readers.
How Coinhive functions?
Coinhive’s miner uses WebAssembly and runs with about 65% of the performance of a native Miner. For an Intel i7 CPU (one of the fastest desktop CPUs), a hashrate of about 90h/s can be seen. A native miner would get to 140h/s.
Probable earnings for a website
With just 10–20 active miners on a web site, a monthly revenue of about 0.3 XMR (~$96) can be expected.
It is most suitable for those who are running a streaming video site, online gaming site, a community site or anything else which gives an incentive for the users to run the miner for a longer duration.
The website offers an easy to implement captcha-like service where users need to solve a number of hashes (adjustable by the website owner) in order to submit a form. This facility prevents spam, while allowing the website owner to earn in a safe manner.
Payouts (minimum payouts can be configured) are fully automated and are initiated every 2nd hour, 12 times a day.