Make some calculations before adding a Coinhive mining script to your site

Coinhive XMR cryptocurrency mining JavaScript still attracts some website owners. Also, it’s a quite popular tool to exploit hacked websites for crypto mining purpose. However, there are several problems, and I think I will destroy any remains of excitement about this web-based crypto mining euphoria. There are too many technical problems, and less money than most of you thought there are. Let’s make a small and quick analysis of Coinhive performance and technical difficulties.

Coinhive actively blocked by many security programs

There are two versions of this particular mining tool. Coinhive version could start mining instantly without any notification, and the AuthedMine requires opt-in from the end-user. The main difference between Coinhive and AuthedMine is that Coinhive immediately blocked by modern antivirus and antimalware software or ad blockers, AuthedMine is not. Now that’s the first technical problem. If you’re using the Coinhive script, you’ll lose a large piece of potential hashing power due to antiviruses and other software products that will block this script instantly. On the other hand, using an AuthedMine requires opt-in action and trust me, most of the website visitors will not permit execution of this script. As you can see both of these two script versions can’t guarantee you, that you’ll gather all the possible hashing power from your website visitors. Continue reading Make some calculations before adding a Coinhive mining script to your site

Exploitation of hacked websites for cryptocurrency mining gains popularity

Exploitation of hacked websites for cryptocurrency mining is a new thing, and it gets more popular day by day. Hacking websites for fun or other reasons like spamming, other exploitation is a thing of the past. All previous exploitation methods of hacked sites are outdated, have low-profit margins (except stealing of CC credentials and similar data) and incompatible with the modern trends. Now everyone wants cryptocurrencies, everyone obsessed about crypto money and everyone is ready to do anything to get it.

Coinhive JavaScript miner for the Monero Blockchain

Coinhive offers a JavaScript that anyone can easily embed to websites. This Javascript is a Monero Blockchain miner that uses the CPU power of website visitor PC for predefined calculations. You turn your PC into cryptocurrency mining machine when you visit the website equipped with Coinhive JavaScript mining.

Continue reading Exploitation of hacked websites for cryptocurrency mining gains popularity