The Pirate Bay (TPB), a well-known worldwide torrent site is at it again making headlines for using their user’s CPUs to mine Monero (XMR) cryptocurrency. But unlike the earlier days of experimenting where users unaware of the activity, this time TPB has made it public with issuing a disclaimer. This disclaimer informs a user of TPB website or TPB browser that his/her CPU is being utilized to mine Monero (XMR). It also advises a user to either install an “adblocker” or leave their site if he/she will feel uncomfortable using their services after bearing that knowledge.
The Pirate Bay Mining XMR With The Help Of Its Users
This discovery attracted outrage from different countries and controversy among the users of the website. Some people perceived it as an unfair way of generating income by using people’s resources without their consent, while others saw no fault in the move. After all, given the prior controversies surrounding services of The Pirate Bay website, it was understandable that it easily gathered sympathy among some of its users. But as a result of this, the move generated a mixed reaction among its users.
Even though most people weren’t too offended by the discovery, public outrage triggered different governments to enforce regulations that could force sites like TPB to disclose such like information on services that required file sharing. This factor could have been the sole reason that triggered the website to communicate their actions to users.
A Turn For The Good (For TPB, At Least)
In their secret XMR mining venture, TPB triggered a mixed reaction. Their recent attempt to publicly admit XMR mining using their users’ computational capability, however, has been met somewhat differently. Almost everyone has welcomed this new move. Though different governments have differed in implementing regulations to govern such like actions, most people seem to be comfortable with the move. This change of attitude to the move has not been without cause.
After their 2017 expose, and ridicule, the site published an article trying to explain to their users that their move to mine Monero (XMR) was drawn from the site’s attempt to minimize ads ran on their website. However subtle and extreme their move might have been, the later explanation helped to ease the outrage and softened peoples’ hardline stands against the site. Honestly, with Google and Facebook monopolizing the advertisements industry, it has been hard for other key players to trade in the ads industry. Because of this, some of the sites like TPB have resorted to developing newer ways to generate income.
“Cryptojacking” – A Controversial Subject
Currently, this practice of leveraging your website users’ computer capability to mine cryptocurrencies has come to be known as “Cryptojacking.” In the case of The Pirate Bay website, theirs could be referred to as voluntary “cryptojacking.”
Now, while the practice is abominable, the fact that it is now made public make it fairly tolerable. Also, owing to TPB’s reasonable argument for the support of their experimentation, it made people understand and rationalize the cause of their move.
Now, even though most people have welcomed the move my TPB to adopt a voluntary cryptojacking, this act should still be discouraged as such much of the details on mining are undisclosed to users. A recent survey by a famous Russian cyber-security software known as Kaspersky indicated an increase in such malware. The company’s study showed that crypto-mining viruses had shown an increase of 44.5% as compared to the dreaded ransomware within a single year. To a great degree, this indicates a trend of modern viruses that might end up being more dangerous than we prospect.