and significant expense of electrical power, all of which eat into the profit made from selling the mined coins.
Instead of participating in fair competition, an unscrupulous hacker may choose to mine cryptocurrency by hijacking the computational resources of other people, a practice known asCryptojacking can be performed in multiple different ways, but there are two most popular ones. The first way is via a trojan — a malicious program that gets installed onto a computer without the owner’s knowledge or consent by, for example, clicking on an email link or attachment.
The other popular option is the so-called “drive-by” cryptojacking, which is performed online via malicious JavaScript code on web pages that are either owned by the hackers outright or have been compromised by them. Cryptojacking leads to increased consumption of its victims’ electrical power, slows down their computers and shortens the life of their equipment. If a user suspects that their computer might have been the target of a cryptojacking attack, they should look out for red flags: decreased performance and the overheating of their computer, which is usually coupled with more intense use of the cooling fan.
Cryptojacking schemes can go unnoticed for a long time, allowing hackers to mine with total impunity from unsuspecting victims’ devices. Mining activities incur high electricity costs, which hackers pass on to their victims so they can earn token rewards without financial burden.Additionally, there is a class of cryptojacking scripts that has a worming ability that allows it to replicate fast, infecting multiple devices and servers within a network.
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