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Wherever there is someone offering millions of impressions per month, there will be a willing advertiser. Simple as that.
Even if (hypothetically) PirateBay would shut down, you can be assured that the next one is just around the corner. It's not going to stop, just going to get more sophisticated.
My suggestion: Let the ones that have the cash burn it by chasing them down, use your time to get innovative and bypass PirateBay and others.
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