It was recently in the news that your favorite websites could be running code to hijack your browser and "steal" your devices processing power (CPU) to mine cryptocurrency.
Yep - just by having your website visitors stay on your page for a while, you can earn cryptocurrency.
"Where do I sign up?!?", you may be thinking.
But from a marketing perspective, this is possibly the worst idea since the segway.
A few reasons stand out...
1) It freezes your visitors' device if they lack processing power
Let's face it, not everyone has a super computer just to read emails and comment on social media.
So when your fan speed starts whirring like an aircraft and it sounds like your laptop is going to fly out of the window, it's not the best experience for the user.
This creates a negative association with your website, even if they don't know why it's happening.
Every time I visit ___'s website = computer freezes.
___'s website = bad. Must avoid!
Instead, you should be focusing on providing value and giving people a good experience, to create the right conditions to make a sale.
Freezing up people's computers isn't the best way to go about it.
2) The earnings are horrific.
There have been a few cases of people testing this strategy for themselves, and the results are quite laughable...
In one case, from 1000 visitors per day, the website owner earned just $0.36 per day.
That's just $0.00036 per visitor.
To put that into perspective, you could be earning around $0.50 per visitor if you show people the right paid products with the right marketing methods.
So from a more beginner-friendly perspective of monetizing 100 daily website visitors, we have two scenarios:
- Scenario A:
100 visitors per day X $0.00036 per visitor from mining cryptocurrency = $0.03 per day.
- Scenario B:
100 visitors per day X $0.50 per visitor from promoting digital products = $50 per day.
... And $0.50 per visitor is actually a conservative example, as we're currently earning around $3 per visitor within 30 days of people visiting our squeeze page. So expect the above example to be more like $300 per day from 100 website visitors, if you're following the right strategies in the right way.
This is yet another example of people trying to take a shortcut to wealth.
There is no shortcut, and it takes a lot of work.
The people who persevere through that workload are those who are rewarded with a huge ROI, while living their perfect lifestyle.
Hopefully you'll be one of them.
Have a great day!
- James Francis.
Founder & CEO, Digital Prosperity.