CryptoURANUS Economics: Cryptojacking: Defined in CryptoCurrency

CryptoCurrencies


Sunday, August 5, 2018

Cryptojacking: Defined in CryptoCurrency

Cryptojacking: Defined in CryptoCurrency


Cryptojacking is the secret use of your computer to mine cryptocurrency for someone else.


In the beginning, cryptojacking was limited a program installed on the victim’s computer and that secretly mines cryptocurrency. 


However, the latest type of cryptojacking is done in your Internet browser. The website doing the cryptojacking uses your computer power to earn crypto for it.

Sometimes the owners of website doing the cryptojacking aren’t even aware of what’s going on! A thief installs cryptojacking software on the website and steals from the customers.

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