As an end user, cryptojacking (cryptocurrency mining at someone else's expense) poses a problem - someone is hogging up your computing power and immediately benefiting from you, without your knowledge.
To the miner, at first glance, this seems like a victimless crime, it's a passive activity, and the costs seem minimal, and the returns are hard earned cryptocurrency to spend on the open, deep, and dark web.
However, mining this currency comes at a high cost due to computational expenses (GPU, CPU usage), electricity costs (Source), and time for the cryptojacking victim.
Clever companies and individuals are looking for ways to leverage other individuals resources to mine cryptocurrency through embedding cryptomining scripts into websites serving up anything from webstores to video streams.
Let’s step through the mechanics, economy, and potential mechanisms to counter browser-based cryptojacking.
The Mechanics of Cryptojacking
Cryptojacking is simple:
- a user navigates to a website or service controlled by the miner,