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Salon Magazine Mines Monero On Your Computer If You Use an Ad Blocker (bbc.com)
dryriver shares a report from BBC: News organizations have tried many novel ways to make readers pay -- but this idea is possibly the most audacious yet. If a reader chooses to block its advertising, U.S. publication Salon will use that person's computer to mine for Monero, a cryptocurrency similar to Bitcoin. Creating new tokens of a cryptocurrency typically requires complex calculations that use up a lot of computing power. Salon told readers: "We intend to use a small percentage of your spare processing power to contribute to the advancement of technological discovery, evolution and innovation." The site is making use of CoinHive, a controversial mining tool that was recently used in an attack involving government websites in the UK, U.S. and elsewhere. However, unlike that incident, where hackers took control of visitors' computers to mine cryptocurrency, Salon notifies users and requires them to agree before the tool begins mining.
People use adblockers because they have no trust in websites to not abuse their computers, eg. by installation of malware through the served ads.
That's part of it for sure. However, it's not just that.
People (myself included) also use adblockers because they don't want a page they are reading plastered with annoying ads that jump at you every second. It's annoying. You know what I do when a website (usually some online publication, e.g. newspaper or magazine) tells me "you've got an ad blocker installed, please whitelist us to continue reading"? In 99% of the cases, I just leave that website. Most of the stuff I click just isn't THAT interesting to be worth being blasted by ads.
Which brings us to another point. These sites want to "make readers pay". The things is - readers don't want to pay for most of this content. They're happy to read it if it's free, but if it's not - they can live without it. Not wanting to pay includes not just not wanting to pay with their money - but also with their attention (ads blasting) and computing power (cryptocurrency mining). There's very little content out there that any particular reader is actually willing to pay for.
How will the poor websites fund themselves you ask? Well, it's their effin' problem that the advertising became way too aggressive and that the web became dominated at one point with websites which are 90% ads and 10% content. Not to mention all the malware and tracking and all of the other crap being "served" via the ads. Had the ads been less aggressive, ad blockers would not have proliferated. Even offline we are inundated with advertising, it goes way beyond just the businesses which fund themselves primarily via ads (e.g. free to air TV and in general media outlets), it looks like everyone is trying to make an extra buck by selling some space for an ad. Is it a wonder that people then massively say well screw you, I'm blocking this?
(In this case, you accuse Salon of saying "alt-right extremists"
I'm not accusing. I'm quoting: https://www.salon.com/2017/12/27/is-bitcoin-enabling-alt-right-extremists/