what to do with 2000 spam hits a day

pirate.doc

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Hey, this is the newbie again.
Ok, so, I have a site that I used to maintain. It has been sitting dormant for several months. This is a personal site and I only used it for crud that interested me. Then I found out about keyword research and realized that I am in one of the lowest paying most glutted markets! YAAAAY!!!!!
I never put captcha on it, and the spamers have gone wild.
2000+ hits a day, and 0$ from adsense.

Here are my questions:
1) I can take care of the spaming problem and my hits will drop to about 40 or a little more a day. Is there something I can do that can monetize the spam hits? Something not tooo black hat?

2) I have another site that I am ramping up. Is there any way that I can
improve its rankings using the spammed site?

3) Do you guys have any other ideas about what I can do....
Not involving jello, two female wrestlers, and an expired library card.
I am not doing that again!

problems are opportunities in disguise.... I hope....
 
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