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There are plenty of revenue-sharing blog websites out there (ie they share advertising revenue with the bloggers) but it would make a lot of sense for payments to be made out in Bitcoin, as transaction fees would be very low and the minimum payment amount could be kept small. It would also easily allow participants of any nationality.

Are there any blog hosting sites that share revenue and payout in Bitcoin?

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You can use https://anonymousads.com/ on a blog site. They pay in Bitcoin but don't host anything themselves as far as I know

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