CoinHive and SEO | Monetizing with Monero ( XMR )
So I had this notion to monetize all the links of various sites through coin hive for some extra Monero ( XMR ). It sounds good on paper, but after doing some light research I’m not so sure.
My main question was on the SEO impact of the shortend url redirects of coinhive. From what was said about bitly by several ranking specialists. As of then they treat bitly url shortened redirects as any other error redirect.
https://www.oncrawl.com/oncrawl-seo-thoughts/url-shorteners-seo/
But they will pass link juice
Social network websites have the habit of putting a ‘NoFollow’ tag in the links that they provide, in order to prevent any abuse. However, even if search engines are respecting this tag, it is not the case for URL shorteners as they short circuit this process. Indeed, these type of links will be then followed back by search engines which entails that some value will eventually pass through them. It is a good thing for people who often use social media as part of their marketing campaigns or who just use them to share content.
According to several ranking specialists, it seems that using URL shorteners doesn’t lead to any negative impact on your SEO.
As a matter of fact, shortened URLs are considered by search engines as any regular 301 redirects and they will thus act upon it. As Matt Cutt from Google explained in the video below:
If we try to crawl a page and we see a 301 or permanent redirect, which pretty much all well behaved URL shorteners (like Bitly) will do, it will pass Page Rank to the final destination.[/quote]
Now the above was some time ago. I don’t know what kinda juice the coinhive redirects put down since there has been several Google updates since the previous statement.
There is still a stigma attached to coinhive I think. Even if it is undeserved it is still there. Apparently Malwarebytes blocking CoinHive? So there is that.
blog.malwarebytes.com/security-world/2017/10/why-is-malwarebytes-blocking-coinhive/
If you’ve encountered a Malwarebytes web protection block for coinhive.com over the last few weeks, you are either glad about it, angry about it, or don’t really care. Since September 19, the second most frequently blocked website for our customers has been coinhive.com, and when we observe that immense amount of blocking (over 130 million blocks in a few weeks), we try to explain why we are doing what we are doing.
I don’t use Malwarebytes but apparently some people do.
The trouble and the effort just might not be feasible at this time. A good point on Reddit was made here.
www.reddit.com/r/Monero/comments/75ree3/coinhive_question/
Bettina88[S] 2 points 5 months ago
Sorry, but from what has been explained by everyone above, your numbers still don’t work.
The issue is that background javascript mining isn’t a successful monetization strategy for website owners.
Website owners would need a massive 5 million visits a month, at a statistically average session time, to generate a Monero value of just $100 a month.
In other words we would need a massively successful website to mine a paltry, insignificant sum. And we’d degrade our site experience in the process.
On a cost/benefit level, it’s not even worth considering, really. Even if you took a 0% rate. This isn’t anywhere close to what even lame old Adsense can deliver. (By contrast, Adsense could deliver $25,000 per month or more to the same site… vs. your $100 worth of Monero. That’s a vast difference).
If you can present some numbers that are attractive to webmasters, I would love to see them.
But the math on this entire thread seems pretty clear: Javascript miners aren’t a worthwhile revenue stream on a cost/benefit level to webmasters.
I’d love to be wrong, as the concept of javascript-based miners is intriguing. So please tell me if you see it differently, and why.
I still find JavaScript mining to be a fascinating prospect (haha pun). I would like to really incorporate it as a more main stream revenue model. Especially now that crypto currencies have exploded. The Block chain is definitely here to stay. I think Monero ( XMR ) and coinhive like services are here to stay as well. Would like to see less of a stigma in utilizing creative monetizing strategies.
One utility I have found for the Coinhive Monero (XMR) mining service is in it’s URL shorteners and redirects. I’ve run a few test cases with JS redirects to the Coin Hive service. I definitely wouldn’t want to do this on the front end as it would completely ruin UX . I have been focusing on redirecting bot traffic from the back end files. Those bots shouldn’t be looking at those .php files anyway. So the CoinHive service can work as an effective bot funnel to redirect unwanted bot traffic from back end php files.