Money for Nothing and Coins for Free, SWITCH Security-Blog
This code is designed to run te the background of the victim’s browser and instantly starts an endless loop of intensive computations at total rhythm, effectively turning the browser into a hash-crunching mule for the sake of distributed mining of cryptocoins, with profits going directly to the hacker.
Web-based Cryptocurrency Miners on the Rise
Mining via Coin-Hive is primarily meant to generate revenue from time spent on the webstek spil an alternative to advertisements. With an estimated rate of 30 hashes vanaf 2nd for an average desktop rekentuig, generating 1 USD worth of Monero requires approximately 20 days of exposure. Or to waterput it the other way around: you need toughly 2000 mededinger miners during one minute to generate the same revenue. Coin-Hive’s commission of 30% is already deducted from that amount.
To Block or not to Block, that is the Question