As reported Tuesday, Salon is now mining cryptocurrencies in browsers of visitors as an alternative to seeing ads. Does this latest effort by the 23-year-old progressive site reveal the tough market media companies find themselves or is it a gimmick by a small-cap company looking to lure investors with cryptocurrency cred? Modern Consensus spoke with Salon CEO Jordan Hoffner. He doesn’t have the easiest job in media. The company Hoffner has been running for the past couple of years is overshadowed by its own past as it struggles to shine. When it went public in June 1999, Salon raised $25 million and was valued at $107 million. That IPO shook up…
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Salon is now using readers’ browsers to mine cryptocurrencies
A recently published FAQ explains how the progressive site is using its readers to make money
The fewer and fewer people who are visiting progressive-leaning blog site Salon may be mining cryptocurrencies, according to a recently published FAQ on the site. Based on data from Archive.org, the FAQ was first published on Monday, February 12, 2018. [Editor’s note: We’ve just heard back from Salon. We hope to have more updates shortly.] Those visitors to Salon using an ad blocker are now given two choices: disable the blocker or let Salon use some of their computers CPU to mine cryptocurrencies while they catch up on the circus that is American politics. Of course, Salon couches it in terms that make one’s bleeding heart flutter just a little…
