CRYPTOJACKING HAS GOTTEN OUT OF CONTROL

Cryptojacking, which exploded in popularity this fall, has an ostensibly worthy goal: Use an untapped resource to create an alternative revenue stream for games or media sites, and reduce reliance on ads. It works by embedding a JavaScript component in a website that can leverage a visiting device’s processing power to mine a cryptocurrency (usually Monero). Each visitor might only do a tiny bit of mining while they’re there, but every user lending some hash power over time can generate real money. And users might not even notice what’s happening. In theory, it can be a win-win. In practice, not so much.

As cryptojacking has spread around the web—largely thanks to the original “in-browser miner,” Coinhive, and its copycats—implementations have generally not lived up to those lofty aims. Instead, the technique is used to exploit unknowing people’s resources, both their hardware and electric bills, and it is increasingly blocked as malware by scanners and ad-blockers. So far, efforts to keep cryptojacking on the straight and narrow have largely fizzled.

https://www.wired.com/story/cryptojacking-has-gotten-out-of-control/



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