What Is Cryptojacking?

Kointrack Techsystems
3 min readMar 13, 2023

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What Is Cryptojacking?

Cryptojacking is a scheme of people using their equipment without their consent or knowledge to secretly mine cryptocurrency on victims’ money. Instead of building a delegation crypto mining computer, infiltrators use cryptojacking to filch computing modality’s from their victims’ devices. When you modulate all these resources, hackers can able to compete against sophisticated crypto mining operations without the expensive overhead.

How does cryptojacking work?

There are two primary methods for hackers to secretly mine the cryptocurrency on a victim’s computer. One is to cheat victims into loading crypto mining code onto their computers. This is done through phishing-like tactics: Victims receive a legitimate-looking email that encourages them to click a link. Link runs the code that places the crypto mining script on the computer. The script runs in the background after the victim is done.

How to detect and prevent cryptojacking

Cryptojacking can be difficult to detect once it occurs because the process is often hidden or looks like a charitable activity on your device. There are some telltale signs to watch for:

1 Your laptop or computer fan is running faster than usual. This is because the cryptojacking script or website is heating it, and your fan is running to keep it from melting or catching on fire.

2 Your device feels hotter than usual.

3 Your battery is draining faster than usual.

4 Your device is running slow, crashing, or performing unusually poorly.

To prevent cryptojacking when visiting websites, make sure every site you visit is on a carefully checked whitelist. You can also blacklist sites known to be cryptojacking, but this can still leave your device or network exposed to new cryptojacking pages.

How to protect yourself from cryptojacking

Use a good cybersecurity program: A comprehensive cybersecurity program such as Kaspersky Total Security will help detect threats across the board and can provide cryptojacking malware protection. Like all other malware precautions, it’s better to set up protection before you become a victim. It’s also a good practice to install the latest software updates and patches for your operating system and all applications especially those related to web browsers.

What are the disadvantages of cryptojacking?

1. Cryptojacking involves mining the currency of Monero which is always on the rise these days

2. Mining is effectively processor-intensive, apparently requires more heat, and usually damages the hardware of the attacked machines.

3. Injury the victim’s computer thus shortening the life of the devices they become unusable.

4. It also slows down the machines significantly, the laptop battery drains completely due to overheating.

5. The mining process requires a significant amount of energy and hence increases the use of electricity.

Final Thoughts

In recent years, cryptojacking has become a major cybercrime and is becoming a prevalent way for cyber attackers to quote cryptocurrencies from different targets. Particularly, in-browser cryptojacking uses JavaScript on a web page to In Particular intelligently mine the cryptocurrency. Cryptojacking should be managed dominant by ensuring to install updated anti-viruses in the system, blocking any malevolent JavaScript miners or browser-based mining scripts, as well as using strong passwords anywhere in the system.

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Kointrack Techsystems
Kointrack Techsystems

Written by Kointrack Techsystems

https://kointrack.com/ Decentralization | Web3 | Blockchain | Cryptocurrency | NFTs & More

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