Coinhave tracking and usage

Coinhive is a cryptocurrency mining service that allows website owners to use the processing power of their visitors' devices to mine Monero, a popular cryptocurrency. By integrating a Coinhive JavaScript code into their website, the owner can generate income while providing an ad-free experience for users.

To integrate Coinhive into your website, you need to sign up for an account on the Coinhive platform. Once registered, you can generate a unique JavaScript code that you'll embed into your website's code, allowing you to start mining Monero using your visitors' CPU power.

Coinhive itself is a legitimate service; however, its reputation has been tainted by some website owners and hackers who have used it without user consent. It is essential to inform your website visitors about the mining process and provide them with an option to opt-out. Being transparent helps maintain user trust and ensures a positive experience for visitors.

The amount you can earn using Coinhive depends on several factors, including your website's traffic, the CPU power of your visitors' devices, and the time spent on your site. It's important to note that mining cryptocurrency is a resource-intensive process and might not generate significant revenue compared to conventional advertising models.

Yes, as of March 8, 2019, Coinhive has discontinued its services due to several factors, including a declining Monero mining profitability and the negative reputation associated with the service. It's essential to research alternative cryptocurrency mining solutions if you're interested in implementing this revenue model on your website.