A growing number of peer-to-peer file-sharing sites -- among them the notorious The Pirate Bay -- is starting to accept bitcoin donations from their users.
The main page of The Pirate Bay's website now lists a bitcoin address, presumably for donations. OpenBitTorrent has also joined the party, as has PublicBitTorrent. Istole.it also features a bitcoin address. As of yet, though, there is no sign of bitcoin adoption at Isohunt or its sister sites.
Bitcoin's perceived anonymity makes it the perfect donation mechanism for file-sharing operations, many of which track copyrighted content being shared online. The Pirate Bay, for example, has battled take-down attempts for years, and has a highly distributed network of web servers designed to protect it from attack.
As of 8 AM BST on April 24, The Pirate Bay had received 125 bitcoin donations, for a total of just over 11 BTC (roughly $1600 (US)).
File-sharing news site Torrentfreak has more here.
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.