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If it was mine, I'd be offering Minecraft hosting and using that blog base as lead generation...

Or find a Minecraft host that has an affiliate program. Considerably less work than hosting yourself.

True, but generally affiliate programs are a one off commission at point of sale, where as the hosting is a reoccurring revenue that builds a business. Depends on what kind of time/effort your willing to put in, and if your trying to build a business or just some low effort income.

Your business in this case is the website. I've personally built affiliate-based infosites that yielded significant income off CPS (what you're calling a one-off commission here) for 3+ years, and that's nothing compared to the really successful examples of the genre - www.smartpassiveincome.com, for example, uses exactly this model and has generated $40k+ per month for a good half-decade or so.

It's a fairly standard model for monetising a website - essentially the next stage up from monetising via an RTB platform like Adwords, in that you put a bit more work in choosing and testing appropriate offers, but (should) end up with higher CPMs as a result.

Also, revshare is entirely possible with a lot of affiliate deals, and even if it's not offered "out of the box", it's possible to negotiate it if you want to. There are pros and cons to that approach - it's definitely not a straightforward "revshare is better" equation.

If the OP has expertise with system administration and Minecraft hosting, plus the copywriting, customer support and sales ability, starting a second business in Minecraft hosting to monetise the site is also a valid potential option, but it'll eat a lot more time that OP may not have, and has its own failure modes that just running a leadgen business doesn't.

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