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Sites Are Using Your Browser To Mine Crypto. It Could Be A Good Thing

Sites Are Using Your Browser To Mine Crypto. It Could Be A Good Thing

Sites Are Using Your Browser to Mine Crypto. It Could Be a Good Thing By David Floyd | Updated February 21, 2018 1:58 PM EST The name says it all: WannaMine. Panda, a Bilbao, Spain-based cybersecuritycompany, wrote in the beginning of February that "a new malware variant has been taking over computers around the world, hijacking them to mine a cryptocurrency called Monero." The virus recalls WannaCry, a wormthat swept the globe in May 2017, encrypting infected systems' data and demanding bitcoin ransom payments in order to decryptit. But WannaMine takes a different approach to wringingcryptocurrency out of its victims: it uses their machines' processing power to run analgorithm called CryptoNight over and over again, hopingto findahashmeeting certain criteria before any other miners do. When that happens, a new block is mined, creating a chunk of new monero worth about $1,500 at the time of writing anddepositing the windfallto the attacker'swallet. The chances that any given miner will find the next block first and receive the reward is tiny, but infect enough CPUs, and youcan hack together a decent revenue stream. Since the victim pays the electricity bills and provides the hardware,the costs to the attacker are negligible. (See also, How Does Bitcoin Mining Work? ) OnFeb. 11, a similar but rather more spectacular attack was uncovered. Cybersecurity researchers Scott Helme andIan Thornton-Trump (phat_hobbit) noticed that sites from the UK's National Health Service to the U.S. Courts were hijacking visitors' browsers to mine monero. Ummm, so yeah, this is *bad*. I just had @phat_hobbit point out that @ICOnews has a cryptominer installed on their site... pic.twitter.com/xQhspR7A2f Scott Helme (@Scott_Helme) February 11, 2018 The culprit was a text-to-speech plugin popul Continue reading >>

Mining 101: An Introduction To Cryptocurrency Mining

Mining 101: An Introduction To Cryptocurrency Mining

Mining 101: An Introduction To Cryptocurrency Mining News and reviews from the crossroads of PC gaming & consumer hardware Opinions expressed by Forbes Contributors are their own. Cryptocurrency mining will celebrate its 10th year of existence in 2019. It's certainly no fad, but it's also far from being a popular practice.The very concept of mining with high-endcomputer hardware is starting to trickle into mainstream consciousness, though. If anything, the evidence is in the scarcity of Nvidia and AMD graphics cards and the inflated pricing that has washed through retailers worldwide. The pricing has caught the attention of PC gamers, leaving them puzzled and asking why it's happening. What you may not know is the technology surroundingmining isn't just limited to consumer graphics cards. Were beginning to see PC game platforms that allow you to mine when youre away from your system, and exchange that digital currency for new games. There are even new Pokemon GO-style games hitting the app stores that are outdoor scavenger hunts with cryptocurrency as the ultimate treasure. With that in mind, it seemed like the perfect time to start explaining this craze (I'm going to call it that because it shows no signs of disappearing) to gamers and hardware junkies consideringriding the wave. Its admittedly going to be a challenge! As John Oliver recently exclaimed during HBOs Last Week Tonight, cryptocurrency is: everything you dont understand about money combined with everything you dont understand about computers! You can mine cryptocurrency with your PC, but you can also build specialized mining rigs. So I hope youll stick around for each new guide and explainer. Dont hesitate to reach out via the social media links at the bottom of this article with questions or suggestions. Continue reading >>

Are Websites Using Your Cpu For Cryptocurrency Mining?

Are Websites Using Your Cpu For Cryptocurrency Mining?

Are Websites Using Your CPU for Cryptocurrency Mining? The rise and fall of cryptocurrency prices around the world catch the interest of almost everybody. That interest isnt limited to just the technology world, either. Bitcoin (and other cryptocurrencies) are under constant scrutiny by the global financial industry. And some people arent content with using their own resources to pay for or mine cryptocurrency so theyre going to use yours instead. Im not talking about a cloud mining scheme. Im talking about a world renowned piracy website Why Safe Torrenting Died With The Pirate Bay Why Safe Torrenting Died With The Pirate Bay As far as "popular" torrenting is concerned, the comparative safety that existed at The Pirate Bay is gone, and safe torrent downloads with it. Read More co-opting your CPU power to mine Bitcoin for themselves. World renown piracy site The Pirate Bay was recently caught using a JavaScript-based cryptocurrency miner on some of its pages. The premise is simple: you log on to their site to find a file (legal or not, no differentiation is made between users). In the background, a code provided by Coin-hive runs, converting your CPU power into Monero (a type of cryptocurrency) coins for the site administrators. Numerous reports of sudden CPU spikes began rolling. The Pirate Bay administrators confirmed that they had trialed a Monero JavaScript miner because they really want to get rid of all the ads, adding that we also need enough money to keep the site running. They mine Monero because it is impossible to mine Bitcoin with a CPU. Of course, forcing your users to use their CPU power to mine cryptocurrency for you is absolutely going to divide opinion. Lets briefly examine the opposing opinions. There are a surprisingly large number of users encouragi Continue reading >>

Telecom Egypt Covertly Redirecting Internet Users To Crypto Mining Sites, Report Says

Telecom Egypt Covertly Redirecting Internet Users To Crypto Mining Sites, Report Says

Telecom Egypt Covertly Redirecting Internet Users To Crypto Mining Sites, Report Says A study has shown that Egyptian Internet user traffic is being manipulated by govt-linked entities to redirect users to crypto mining sites and ads. Devices found at Telecom Egypt demarcation points have been found to be surreptitiously redirecting Egyptian Internet users to advertisements and cryptocurrency mining sites, according to a report published by Citizen Lab at the University of Toronto Friday, March 9. The technology research labs report explains that the scheme, referred to as Adhose, operates via middleboxes, computer networking devices for manipulating internet traffic. The report identifies two modes of redirection used on Egyptian citizens: spray mode and trickle mode. Spray mode means that a middlebox redirects Egyptian Internet users en masse to ads or cryptocurrency mining scripts whenever they make a request to any website, and is seemingly used sparingly. Trickle mode means that only attempts to open certain URLs redirects users to these ads or mining scripts, specifically CopticPope.org (which was formerly the website of the Pope of the Coptic Orthodox Church of Alexandria) and Babylon-X.com (formely a porn site). Coinhive, a Monero mining platform that positions itself to sites as an online advertising alternative, was also listed in the table of links for AdHose middleboxes to redirect Egyptian users. Coinhive has previously been linked to a large case of cryptojacking at the end of January 2018, when hackers ran YouTube ads with a Coinhive script that secretly used up the users CPU power for mining. American cable network Showtime was also found to be using Coinhive on two of their websites as an alternative for advertisements back in September of last year, a Continue reading >>

This Is What Happens When Bitcoin Miners Take Over Your Town

This Is What Happens When Bitcoin Miners Take Over Your Town

The Friday Cover is POLITICO Magazine's email of the week's best, delivered to your inbox every Friday morning. By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. Patrick Cavan Brown for Politico Magazine This Is What Happens When Bitcoin Miners Take Over Your Town Eastern Washington had cheap power and tons of space. Then the suitcases of cash started arriving. EAST WENATCHEE, WashingtonHands on the wheel, eyes squinting against the winter sun, Lauren Miehe eases his Land Rover down the main drag and tells me how he used to spot promising sites to build a bitcoin mine, back in 2013, when he was a freshly arrived techie from Seattle and had just discovered this sleepy rural community. The attraction then, as now, was the Columbia River, which we can glimpse a few blocks to our left. Bitcoin miningthe complex process in which computers solve a complicated math puzzle to win a stack of virtual currencyuses an inordinate amount of electricity, and thanks to five hydroelectric dams that straddle this stretch of the river, about three hours east of Seattle, miners could buy that power more cheaply here than anywhere else in the nation. Long before locals had even heard the words cryptocurrency or blockchain, Miehe and his peers realized that this semi-arid agricultural region known as the Mid-Columbia Basin was the best place to mine bitcoin in Americaand maybe the world. The trick, though, was finding a location where you could put all that cheap power to work. You needed an existing building, because in those days, when bitcoin was trading for just a few dollars, no one could afford to build something new. You needed space for a few hundred high-speed computer servers, and also for the heavy-duty cooling system t Continue reading >>

How Many Websites Have Crypto Miners?

How Many Websites Have Crypto Miners?

With cryptocurrencies reaching super high valuations, it should not come as a surprise that some websites use their visitors' processing power for mining . Question is, just how many do that? According to a new report from security firm 360Netlab, that's 0.2 percent of websites. What's interesting is that porn sites account for nearly half of them at 49 percent. Other types of websites don't even come close. Fraud and advertising and mining (tied on third with advertising) complete the podium, with eight percent and seven percent, respectively. "In Alexa Top 300,000 sites, by checking their homepage, we found 628 websites have embedded mining code," says 360Netlab. The security firm does not offer a list of websites that support this practice. "One thing to note is that while there are only 628 content sites in total, mining sites are used 728 times. This is because some content sites use two or more mining sites at the same time, which is common in this market," 360Netlab adds. The largest website that has what 360Netlab calls "technical capacity for mining" is coinhive.com, with a market share of 57 percent. Coin-hive.com and load.jsecoin.com come in second, with eight percent and seven percent, respectively. It is unclear whether the websites that mine cryptocurrency in this fashion are doing this through hacks or by intent. Based on what 360Netlab reported though it seems that the latter scenario is most likely. Continue reading >>

Bitcoin Cloud Mining

Bitcoin Cloud Mining

We are periodically providing information about the most profitable Bitcoin cloud mining services based on our real contracts with the providers seen in the table above. The most important indicators in our opinion are: Daily return on investment (%) and Days to ROI. Both can be viewed in our weekly updated ranking tables above. Make sure to check out our reviews before you invest in new hash power. Also, dont hesitate to share proactive your own experience with the crypto community. Hosted Mining You send your mining machine to a Firm, which provides electricity, cooling and configurations. It is also possible, that you lease yourself a mining machine. Buying Hashing Power The most popular method of cloud mining You buy an amount of hashing power (Hash Rate). Which means, that you dont need to own a physical or virtual mining machine (computer). The pros of the one are the cons of the other and vice verse. Now let us analyze both the Hosted Mining and the Buying Hashing Power types of Bitcoin cloud mining. Starting with the pros of hosted mining: Less Scammy if you decide to get an hosted bitcoin mining contract, than you need to check if the provider is a registered venture. If this is the case, you have high certainly, that you wont get scammed. Here is a list of hashing power cloud mining scam or terminated contracts. Higher investment and monthly cost you not only buy the mining machine but need to calculate your costs of maintaining it, which vary depending on the energy use of the Bitcoin miner. Harder to Monitor the success can be monitored only partly. Check out our tables above (so called monitor tables) to see the most profitable ones out there! The pros of the Hosted Mining are the cons of the Buying-Hashing-Power model and vice verse. Take a look on the be Continue reading >>

How To Know If Websites Are Using Your Cpu To Mine Coins - Cnet

How To Know If Websites Are Using Your Cpu To Mine Coins - Cnet

Are your favorite websites mining Bitcoin? Here's how to find out Some websites might be using your CPU to mine cryptocurrencies like Bitcoin without your knowledge. Mining of cryptocurrencies like Bitcoin can be lucrative. But there's a catch: it requires time and a lot of computing power. If you could somehow spread those computing demands out among hundreds and sometimes even thousands or millions of unknowing users, it would greatly reduce the cost and time of mining expensive coins. As nefarious as that sounds, it's exactly what several websites were discovered to be doing by IT security company ESET in September last year. Previously, criminals would go about hijacking someone else's computer to mine coins through a malicious program that was installed. But a more lightweight and less noticeable (at least from the user's perspective) way of doing it is by running a JavaScript file right from within the browser no exploits or vulnerabilities needed. Instead of infecting the users' computers, websites are being infected with malicious ads. All that needs to happen for mining to begin is that a user needs to visit an infected website with JavaScript enabled. Inherently, mining cryptocurrencies is not a bad thing. It's how transactions are processed. You can learn more about it in our cryptocurrency and blockchain explainer but, in short, when a cryptocurrency transaction is announced to a blockchain network, computers on that network begin solving complex mathematical puzzles to confirm the currency has not already been used. In exchange for the work, miners (people whose computers were used to process the transaction) are rewarded a small amount of cryptocurrency. With some cryptocurrencies -- such as Monero -- mining is relatively fast and simple and doesn't need Continue reading >>

50,000 Sites Infected With Cryptocurrency Mining Malware

50,000 Sites Infected With Cryptocurrency Mining Malware

The cryptocurrency mining malware epidemic is getting out of hand : nearly 50,000 sites have been surreptitiously infected with crypto-jacking scripts, according to security researcher Troy Mursch from Bad Packets Report . Relying on source-code search engine PublicWWW to scan the web for pages running crypto-jacking malware, Mursch was able to identify at least48,953 affected websites. He adds that at least7,368 of the compromised sites are powered by WordPress. The researcher notes that Coinhive continues to be the most widespread crypto-jacking script out there, accounting for close to 40,000 infected websites a stunning 81 percent of all recorded cases. It is worth pointing out that Mursch was able to find at least 30,000 websites running Coinhive back in November last year. For the rest, Bad Packets Report indicates the remaining 19 percent are spread between various Coinhive alternatives, like Crypto-Loot, CoinImp, Minr and deepMiner. His research suggests there are 2,057 sites infected by Crypto-Loot, 4,119 by CoinImp, 692 sites by Minr, and 2,160 by deepMiner. Back in February, security researchers discovered that a slew of legitimate websites including government and public service agency portals were quietly running crypto-jacking scripts. The researcher has also published a document on PasteBin file detailing the 7,000 affected sites found since January 20 this year. Some of these sites have already removed the crypto-jacking malware, the PasteBin page reads. However, many remain compromised. Browse at your own risk. The #cryptojacking campaign targeting #WordPress websites has now affected at least 7,368 sites. The @publicww query used to find sites with the obfuscated #Coinhive code is discussed here: List of sites found since January 20: Bad Packets Repor Continue reading >>

How Does Bitcoin Mining Work?

How Does Bitcoin Mining Work?

By Euny Hong | Updated October 17, 2017 — 3:51 PM EDT Cryptocurrency mining is painstaking, expensive, and only sporadically rewarding. Nonetheless, mining has a magnetic draw for many investors interested in cryptocurrency. This may be because entrepreneurial types see mining as pennies from heaven, like California gold prospectors in 1848. And if you are technologically inclined, why not do it? Well, before you invest the time and equipment, read this explainer to see whether mining is really for you. We will focus primarily on Bitcoin. (Related: How Bitcoin Works  and our helpful infographic,  What is Bitcoin? ) By mining, you can earn cryptocurrency without having to put down money for it. That said, you certainly don't have to be a miner to own crypto.  You can also  buy crypto using fiat currency (USD, EUR, JPY, etc); you can trade it on an exchange like Bitstamp using other crypto (example: Using Ethereum or NEO to buy Bitcoin); you even can earn it by playing video games or by publishing blogposts on platforms that pay its users in crypto. An example of the latter is  Steemit , which is kind of like Medium except that users can reward bloggers by paying them in a proprietary cryptocurrency called Steem.  Steem can then be traded elsewhere for Bitcoin.  In addition to lining the pockets of miners, mining serves a second and vital purpose: It is the only way to release new cryptocurrency into circulation. In other words, miners are basically "minting" currency. For example, as of the time of writing this piece, there were about 16 million Bitcoin in circulation. Aside from the coins minted via the genesis block (the very first block created by Bitcoin founder Satoshi Nakamoto himself), every single one of those Bitcoin came into being because of min Continue reading >>

Bitmain Explores More Sites For Bitcoin Mining Expansion

Bitmain Explores More Sites For Bitcoin Mining Expansion

Bitmain Explores More Sites for Bitcoin Mining Expansion Bitmain Explores More Sites for Bitcoin Mining Expansion Having already expanded its China-based ASIC chip manufacturing into Switzerland and Canada , Bitmain is looking to add a facility to the Pacific Northwest region of the United States. According to companies-numbers.com , the co-founder of Bitmain, Jihan Wu, is the sole governing person behind Ant Creek LLC, a company in the Port of Walla Walla, Washington, that was registered in June 2017. In a news article published on March 8, 2018, by the Walla Walla Union-Bulletin , the city is considering a land-use agreement with Ant Creek that would allow the company to lease land starting in 2019 with an option to purchase up to 40 acres. The report further indicates that the use would be to develop and operate a cryptocurrency mining facility. Port Executive Director Patrick Reay said his agency has been working with Ant Creek LLC for about six months on the development of a blockchain facility. Our purpose is to generate assessed value and create jobs, Reay stated. The Ant Creek proposal looks to bring up to 20 jobs and $10 million in private investment to the city. Some areas are concerned about the power consumption of crypto mining, such as Plattsburgh, New York, where they are considering banning mining, while other areas such as Quebec, Canada, are welcoming it. Reay said the Port of Walla Walla doesnt share Plattsburghs concern over electricity. The Port of Walla Walla, as a municipal entity, is not in the electrical business, as we do not sell electrical service, he told Bitcoin Magazine. We have two electrical providers in Walla Walla County, Columbia REA and Pacific Power. Continue reading >>

Nearly 50k Websites Infected With Cryptocurrency Mining Malware, Research Finds

Nearly 50k Websites Infected With Cryptocurrency Mining Malware, Research Finds

Nearly 50K websites infected with cryptocurrency mining malware, research finds Criminals have been injecting websites with scripts to mine the Monero cryptocurrency. Building a slide deck, pitch, or presentation? Here are the big takeaways: Nearly 50,000 websites were found to host some type of cryptocurrency mining malware. Bad Packets report, 2018 5,541 WordPress websites were infected with malware as part of cryptojacking campaigns. Bad Packets report, 2018 In an investigation by Troy Mursch , the author of the Bad Packets Report , nearly 50,000 websites were found to host some type of cryptocurrency mining malware. Cryptocurrency mining is becoming an increasingly lucrative industry as speculation of digital currencies such as Bitcoin, Ethereum, and Monero have driven up valuation. In the case of Monero, which is more easily capable of being mined on CPUs rather than GPUs, website owners have taken to embedding JavaScript-based mining scripts in order to generate revenue in place of, or in addition to, traditional advertisements. While some websites provide an opt-out mechanism for mining, many websites do not. As cryptocurrency miners are frequently configured to max out the CPU capacity of a given deviceto the extent that devices have been physically damaged performing cryptocurrency mining via scripts embedded on web pages is inherently parasitical regardless of the intent of the website owner. SEE: Intrusion detection policy (Tech Pro Research) That said, the ease of embedding JavaScript miners in websites has attracted criminals, who have begun exploiting cross-site scripting and other vulnerabilities to inject mining scripts into websites to illicitly generate funds. These types of attacks have been on the rise as 4,000 government websites in the US, UK, and Continue reading >>

Best Cloud Mining - Bitcoin & Crypto Mining Comparison /

Best Cloud Mining - Bitcoin & Crypto Mining Comparison /

Bitcoin mining is the process through new bitcoins get created while the transactions on the blockchain are being verified by the miners. The mining machines are solving complex mathematical problems in order to decide the validity of a transaction which requires either GPU, CPU or ASIC hardware to run continuously. If somebody wants to join the cryptocurrency mining business but does not necessarily want to deal with the noise and heat the mining hardware can cause. If they want to forget all the maintenance involved with the mining rigs, cloud mining is the best opportunity to still enjoy the benefits of participating in mining. During the cloud mining activity, clients can purchase hashing power from a provider in exchange for certain daily or monthly fees. After the contract is started, the earnings from the mining that is running on the mining rigs of the cloud mining provider benefits directly the clients account. There are many cloud mining providers on the market who offer wide range of services. Prospective clients however must be very careful when choosing the right provider as there are several scammer working on the market whose only goal is to build a ponzi scheme or directly steal bitcoins. When looking for possible cloud mining providers it is advisable to always check their About section on the website. This page can tell a lot about the company, especially if there is no information on the site. If somebody is trying to hide themselves from the public on a market where trust is one of the main principle of the industry, it should be a warning sign that the company might not be providing legitimate services. Many providers just list general mission statements and nothing specific about the background of the firm, such as owners, founders or executive of Continue reading >>

Largest Cloud Bitcoin Mining Company | Genesis Mining

Largest Cloud Bitcoin Mining Company | Genesis Mining

You can mine any cryptocurrency available in our catalogue! Switch your mining power on the fly for all the coins using our bitcoin mining website You will get daily payouts of your investment to your designated wallet. Try our bitcoin mining platform now! Genesis Mining is one of the leading cloudmining companies and a trustworthy partner of ours. It's good to see that they are an honest cloudmining service which shows their farms openly to the public. Leading Bitcoin Asic Manufacturing Company Genesis Mining is one of our biggest clients and proven to be a reliable and trustworthy business partner. Their transparent mining sites and high quality software infrastructure together with our high end mining hardware result in a great and unique product and experience for everybody interested in mining! Leading Scrypt Asic Manufacturing Company As the world first 28nm BTC and LTC chip maker, Innosilicon selects Genesis Ming as partner in cloud mining industry business for its integrity, excellent customer oriented service and great user interface design. Genesis Mining is the best in class mining service that is supported by our technologically superior mining hardware. This unique synergy produces the best experience for those interested in mining and we look forward to having a long and prosperous relationship. MinerEU is very happy to have Genesis Mining as our trustworthy partner. We have already recommended Genesis-Mining to thousands of our existing customers who are happy and satisfied with their excellent services and products. Official Distribution Partner of Genesis Mining Continue reading >>

What Are The Best Cryptocurrency Mining Websites?

What Are The Best Cryptocurrency Mining Websites?

What are the best cryptocurrency mining websites? Genesis- Get 3 % off on your contract purchase, use this code- 3nINSo You can mine any cryptocurrency available in their website. Hashflare - Started in 2015, officially launched by Hashcoins . Offers- Scrypt algorithm miner, SHA-256 algorithm miner, Ethereum Cloud Mining, ZCASH Cloud Mining, DASH Cloud Mining. Features - Instant connect, Instant withdrawal, Detailed statistics, Pool Allocation, Fixed Fees. Miner is a highly efficient piece of mining equipment specially designed for cryptocurrency mining. Datacenters house hundreds of miners. Miners are connected to pools. There are many pools so HashFlare allows you to connect to ones you choose. This allows you to find the most profitable combinantion. Next, all mined cryptocurrency is distributed among all customers of HashFlare depending on their share of hashrate in the whole system. Eobot - Eobot has been founded in 2013 in Los Angeles, California. Option to mine different cryptocurrencies. Option to make a faucet claim in every 24 hrs. I havent really invested time and effort into trying them all out but I work with a different mindset compared to many others. I dont believe in joining 10 number of different businesses on a trial-an-error basis and then learning which one works and which one doesnt. Having said that, I did my thorough due diligence on the whole cryptocurrency mining industry for a few months and then finally came to the conclusion that only 12 of them are actually worth investing in. Have a look at the link above. This is the one I am mining with. You simply setup you account, get verified, put your wallet address in and buy mining power. The company deposits your earnings into your wallet directly as soon as you reach (or go over) the minimum pa Continue reading >>

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