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Cryptocurrency Mining Websites Attract 500 Million Monthly Visitors, According to Report

Half a billion people are making monthly visits to websites that may be secretly hijacking the processing power of their computers to mine cryptocurrency, security researchers recently warned.

Experts at AdGuard reported that 220 of the world’s most popular websites are running cryptocurrency mining scripts. Many of thesis sites contain torrents, movies or adult content, which keep users engaged for longer periods of time.

The Dangers of Cryptocurrency Mining Without Consent

When users visit thesis sites, scripts such spil JSEcoin and CoinHive work te their browsers to verify blockchain transactions, which tend to require significant computational resources. Te the last three weeks, AdGuard estimated that the fraudsters behind thesis schemes have made approximately $43,000.

ZDNet suggested that the sites discovered by AdGuard are merely following the lead of torrent webpagina Pirate Bay, which admitted to mining Monero cryptocurrency without visitors’ consent. Tho’ ostensibly less dangerous than infecting a device with malware, this zuigeling of activity could cause the central processing unit (CPU) of a machine to wear out quickly and should not be done without users’ skill.

While the sites mining cryptocurrency may not need to run online ads that annoy their visitors, there should still be some way to opt out or turn thesis scripts off. According to Bitcoin, the makers of Coinhive publicly asked those using its script to adopt a permission-based proefje, but it may be unlikely to make such requests compulsory.

Rising Value of Cryptocurrencies Driving Enhanced Attacks

Ter some cases, webstek operators might be just spil astonished spil their visitors. TechCrunch reported that PolitiFact, a fact-checking webstek, wasgoed running a script to mine cryptocurrency but has since liquidated it. The webpagina is now conducting an investigation into the script’s origins.

Consumers can install ad blockers or use antivirus software features to prevent or eliminate in-browser cryptocurrency mining, but from time to time they may need to recognize it spil the source of vertoning slowdowns. The rising values of bitcoin and Monero may make this zuigeling of breach much more common — not to mention more lucrative.

Shane Schick

Shane Schick is a writer, editor and speaker who concentrates on how information technology creates business value. He lives ter Toronto.

Related movie: Can Quantum Computers Hack Bitcoin / Ethereum?

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