hi to all in this post i am going to tell you about cryptojacking and mining of bitcoin how hacker using your computer and mobile phone to earn huge amount of money online so let start
Do you ever feel the Internet is especially slow these days? Or have you ever wondered if maybe it’s just your computer that’s getting slower and your battery consuming lot of charging , and mobile getting warm when your visiting some unknown website ? Don’t rush to the shop to buy a new computer and mobile phone yet … you may have been a victim of a new trick used by malevolent hackers called browser “cryptojacking.”
before getting into cryptojacking first we should understand what is bitcoin and what is minnig
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy webhosting services, pizza or even manicures.
and what is bitcoin mining:is a peer-to-peer computer process used to secure and verify bitcoin transactions—payments from one user to another on a decentralized network. Mining involves adding bitcoin transaction data to Bitcoin’s global public ledger of past transactions. Each group of transactions is called a block. Blocks are secured by Bitcoin miners and build on top of each other forming a chain. This ledger of past transactions is called the blockchain. The blockchain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the blockchain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.Every ten minutes or so mining computers collect a few hundred pending bitcointransactions (a “block”) and turn them into a mathematical puzzle. … The miner who found the solution gets 25 bitcoins as a reward, but only after another 99 blocks have been added to the ledger.
What is cryptojacking..?
It’s a new trick used bye hacker to mine cryptocurrencies on your computer using your CPU resources in the background without your knowledge. All that a bad guyz has to do is load a basic java script into your web browser that contains a unique site key and run in backgrround controll your computer that will consume and use your cpu power to mine bitcoin
this simple javas script don’t harm your computer, and nothing is stored on your hard drive, so they can’t be considered to be malware in that sense. However, they can be referred to as greyware, meaning they are identified as annoying software, especially when they are set up to consume all of your CPU power.
website like pirate bay have also use this javas script technique and ask theire user do you want to use adz or do you want to give some cpu power when you visiting website many of the user in the survey said we have no problem giving our cpu power but one of the user noted that if multiple site adopt this technique and having multiple tab open while browsing the web could eat up all the processing power of the cpu and can give you give light bills
no coin is tiny browser which blok coin minner such as Coin hive. trusted by thousand of user no coin provide you safe and easy and reliable ways to block minner from using and power without your consent