Coinhive is a cryptocurrency mining service that allows website owners to use the processing power of their visitors' computers to mine Monero, a privacy-focused cryptocurrency. The technology works by embedding a JavaScript code on a website, which runs in the background while the user is browsing the site, using their CPU resources to solve complex mathematical problems that generate Monero coins.
The idea behind Coinhive was to provide an alternative revenue stream for website owners who were struggling with declining advertising revenues. However, the technology quickly gained notoriety as it was abused by malicious actors who started infecting websites with the Coinhive code without the knowledge or consent of the site owners, turning their visitors into unwitting participants in cryptocurrency mining.
This led to widespread criticism of Coinhive and similar services, as they were seen as a form of malware that exploited users' computing resources without their consent. As a result, major web browsers like Google Chrome and Mozilla Firefox began blocking Coinhive scripts, and many website owners removed the code from their sites.
In response to this backlash, Coinhive announced that it would be discontinuing its services in March 2019 due to the negative image associated with browser-based mining. Today, Coinhive remains a cautionary tale about the ethical and legal implications of using visitors' computing resources for profit without their explicit consent.
Companies using CoinHive
https://coinhive.com57 companies are currently using CoinHive
Updated
Start an outbound campaign?
Let Cara reach out to all these leads on autopilot.
Using CoinHive for finding leads
An exhaustive list of businesses that utilize CoinHive technology offers unique advantages for sales teams targeting this specific pool. Comprehending and leveraging this list can prove instrumental in prospecting strategies, as this list provides a ready-made group of potential leads that are tech-savvy, forward-thinking, and potentially interested in novel cryptocurrency-related offerings.
The primary merits of this list expand across three main areas: profound market understanding, sophisticated targeting, and enhancing sales effectiveness.
Unwrapping the Market Understanding aspect, the businesses using CoinHive are likely to be more adaptable and willing to experiment with innovative technologies, particularly those in the crypto space. Hence, they signify a market segment with unique needs and interests, and an understanding of this segment can allow sales teams to tailor their approach and offerings accordingly.
In terms of Sophisticated Targeting, the list segments the market into a very specific user base. This level of precision allows sales teams to craft targeted pitches and marketing materials that speak directly to the needs and interests of these companies. Instead of casting a wide net and hoping for the best, this list allows sales teams to focus their efforts where they are most likely to find success.
Lastly, as for Enhancing Sales Effectiveness, the list provides a ready-made group of potential leads. This can save tremendous amounts of time typically spent on research and lead generation, allowing sales team to reach out to potential clients more quickly. Moreover, the quality of these leads is likely to be higher than average, given that these businesses have already shown an interest in crypto-related technology.
However, it is essential to remember that the utilization of CoinHive does signify a particular degree of technological sophistication. As such, any sales efforts directed towards these companies should reflect an understanding of this reality. Offerings should not be basic or generic but should demonstrate a similar level of novelty and forward-thinking to resonate with this unique audience. With these factors in mind, the list of companies using CoinHive can be considered a high-value resource for lead generation and targeted sales initiatives.
Alternatives to CoinHive
Thera are a total of 8 alternatives available for CoinHive
Looking for new clients?
Use Cara to find potential clients, write personalized emails with AI, and book meetings for you.