Mining in a browser is unprofitable

Mining in a browser is unprofitable

There are as many cryptocurrencies as there are methods for mining them. Bitcoin, for example, is most profitable to mine using ASIC adapters; Litecoin and Ethereum can be mined through a video card. In some situations, the CPU is most efficient. It is the third group that includes Monero, which often becomes the target of attackers.

Fraudsters infect websites using a special script. The user opens the site, the script starts working, and the attacker receives his treasured Monero.

It would seem that everything is fine - the scheme works. But, as recent research has shown, this browser-based mining scheme is not that profitable for scammers. Therefore, mining through a browser is unprofitable.

Even if the scale of such mining increases, it still does not bring much income. For example, in 5 minutes of mining currency on the computers of a million users, scammers will earn only $24. The same situation arises with website monetization. 

Для того, чтобы майнинг в браузере приносил хороший доход, на сайт должно заходить, как минимум, несколько десятков миллионов человек в день.

В любом случае, пользователям нужно быть очень осторожными и осмотрительными и проверять, с кем они имеют дело. Fraudsters are trying to make money on literally everything related to cryptocurrency. Let us remind you that in China you can fake ICO for only $600.


You May Also Like

1292018-04-20

Google Play contains a huge amount of malware

Google has been increasingly hit by outbreaks of malicious apps on the Play Store lately - and it seems that the Internet giant is struggling to cope with the situation.

Security
1482018-05-07

Fake Monero cryptocurrency wallets have appeared online

According to Reddit users, sites have appeared on the Internet that appropriate user wallets. Monero (XMR) is struggling to overcome challenges and make a place for itself in the world of cryptocurrency, and then scammers trick many users into mining cryptocurrency into the same wallet, from which the attacker receives funds

Security

Latest articles from Security category