The bear market of 2018 has caused a lot of problems for most cryptocurrency companies in the long run. As the value of Bitcoin and all altcoins, tokens, and assets is still incredibly low compared to the 2017 levels, some providers will have to close up shop. The latest one to announce such a turn of events is CoinHive. The popular crypto mining solution provider will suspend its services come March 8th.
CoinHive is Calling it Quits
Most people will not remember CoinHive fondly. Not because the service provided is terrible by any means, as it offers a genuine alternative to the traditional ad-driven business model for content providers. However, their mining scripts have gotten a very bad reputation due to the rise of cryptojacking malware in 2018. Most of those tools all seemed to rely on CoinHive mining scripts in one way or…