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The New Pirate Bay: Fees Subsidized By Your Computing Power

The Pirate Bay may not actually be dead, but major changes are on their way. Details on the new management's legit business model have surfaced, and it will involve subsidizing your monthly fees in exchange for computing power.

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Gaming Factory's Chief Executive Officer Hans Pandeya describes the changes thusly:

Rosso describes the new Pirate Bay as a "resource-supported" model where royalty fees and other costs related to file sharing are subsidized by tying your PC's computing power into The Pirate Bay's network. "In short, the more computer resources the user contributes to The Pirate Bay, the more his content consumption is subsidized," Rosso wrote. The Pirate Bay will also charge a small mothly fee to its users; however, that fee can be reduced depending on how much of your own computing resources you contribute to The Pirate Bay.

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As CNET notes, this would effectively turn The Pirate Bay into a direct competitor with services like Akamai and Amazon's Elastic Compute Cloud (EC2). In other words, The Pirate Bay has effectively ceased to be The Pirate Bay—and there is no real way to know if content providers are going to be into this. At any rate, details on the pricing structure have not been announced, but the question is will you continue to us the site when these changes are implemented? [Yahoo Tech]