why does coinhive mine monero

Last Updated on May 16, 2024 by Paganoto

Who and What Is Coinhive? – Krebs on Security

Who and What Is Coinhive? – Krebs on Security

Coinhive is a cryptocurrency mining service that relies on a small chunk of computer code designed to be installed on Web sites. The code uses …

Coinhive to Mine Its Last Monero in March – Threatpost

Coinhive to Mine Its Last Monero in March – Threatpost

Monero tends to be criminals’ currency of choice when it comes to this so-called cryptojacking activity, because mining it requires fewer …

Cryptojacking malware was secretly mining Monero on many …

Cryptojacking malware was secretly mining Monero on many …

Coinhive, a JavaScript program, mines the cryptocurrency known as Monero in the background through a web browser. While Coinhive isn’t …

Browser crypto-mining is generating over $250K worth of …

Browser crypto-mining is generating over $250K worth of …

Typically, CoinHive is doing the mining. It’s a script that mines Monero directly from your browser, and it’s become quite controversial.

Coinhive, the Monero mining service, is closing down

Coinhive, the Monero mining service, is closing down

Coinhive was set up 18 months ago with the aim of providing a legitimate alternative to ads on websites. However, it didn’t take long for …

Popular 'cryptojacking' service Coinhive will shut down next …

Popular 'cryptojacking' service Coinhive will shut down next …

… in-browser mining scripts will stop working on March 8th, and users will have until April 30th to withdraw any remaining Monero from …

Coinhive cryptojacking service to shut down in March 2019

Coinhive cryptojacking service to shut down in March 2019

It worked on the idea that websites could load a JavaScript file (coinhive.js) on their pages. This JS file would mine Monero inside visitors’ …

Coinhive Cryptocurrency Mining Service to Shut Down – PCMag

Coinhive Cryptocurrency Mining Service to Shut Down – PCMag

Mining the virtual currency Monero via people’s internet browsers is no longer ‘economically viable,’ in part because the cryptocurrency market …

Why Hackers Love Cryptocurrency Miner Coinhive – PCMag

Why Hackers Love Cryptocurrency Miner Coinhive – PCMag

Once embedded into a website, the code mines the digital currency Monero by borrowing visitors’ CPU processing power. The more visitors, the more money earned.

Coinhive shutdown imminent after troubled cryptomining past

Coinhive shutdown imminent after troubled cryptomining past

The idea behind Coinhive was to embed cryptomining code into websites and use the processing power of the users who visit the site to mine …