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Re:Salon magazine mines crypto-cash with readers' PCs by ErrantX on Tuesday February 20, 2018 @02:53AM (#16418563)
Seems wasteful & fruitless.

Better to evolve a micropayments model that works (because at least i can quantify what I pay)

Re:Salon magazine mines crypto-cash with readers' PCs by wklauss on Tuesday February 20, 2018 @02:59AM (#16418584)
> because at least i can quantify what I pay

And the publishers can quantify how much it gets.

With the volatility of crypto assets this is not a viable solution for the publisher, especially because readers who have an ad-blocker installed are likely to block the mining script as well.

This is a publicity stunt. Nothing more, nothing less.

Re:Salon magazine mines crypto-cash with readers' PCs by applecrazy on Tuesday February 20, 2018 @03:05AM (#16418601)
If so, this is a stupid publicity stunt, given the largely negative reaction by this community and the media. If anything, more people will install adblockers because of things like this.
Re:Salon magazine mines crypto-cash with readers' PCs by darawk on Tuesday February 20, 2018 @03:11AM (#16418634)
I'm sure as soon as that micro-payments model evolves Salon will be happy to switch to it. People have been saying that for 20 years, though, and this is the closest we've come.
Re:Salon magazine mines crypto-cash with readers' PCs by krylon on Tuesday February 20, 2018 @04:12AM (#16418899)
In principle, yes, PLEASE!!!

In practice, people have been wishing for a well-functioning micropayment system for well over twenty years and the best we have to show for it is PayPal. Flattr seemed like a good idea, mostly, but for some reason it tanked, too (AFAIK).

Either people are not interested in creating one that works, or the problem is really, really hard.

Re:Salon magazine mines crypto-cash with readers' PCs by ric2b on Wednesday February 21, 2018 @12:57PM (#16431423)
I think the problem is simply hard. Micro-payments imply more infrastructure costs (more transactions) but lower revenue (because the payment itself is tiny, so the fee has to be tiny as well).

But look at Bitcoin's Lightning Network, it may very well become a valid micro-payment system. As far as I know it's biggest scaling roadblock is getting efficient routing.

Re:Salon magazine mines crypto-cash with readers' PCs by Kiro on Tuesday February 20, 2018 @03:08AM (#16418614)
> Better to evolve a micropayments model that works

I agree but until that exists this is the best thing we have. It's the only way you can pay cents without doing anything else than click a button.

Re:Salon magazine mines crypto-cash with readers' PCs by pishpash on Tuesday February 20, 2018 @03:39AM (#16418760)
Micropayment is the way to go. There needs to be a two-sided market. Free isn't the market clearing price and whatever the content producer wants to charge also isn't.
Re:Salon magazine mines crypto-cash with readers' PCs by TekMol on Tuesday February 20, 2018 @03:19AM (#16418667)

    Better to evolve a micropayments model that works
Only problem with that is that the web is decades old now and so far nobody managed to do that.