CoinHive - Reading Assignment

Privacy Coins - Ultimate Course
#122
  1. What two factors caused CoinHive to become economically inviable? — a 50% hash rate drop following a hard fork, and a market drop off of over 85% in the year
  2. What is cryptojacking? — uses infected device to use CPU resources to mine
  3. What was the #1 most-wanted malware for 2018? CoinHive
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#123

  1. It became inmpossible to use JavaScript-based digital currency mining and the drop in price of XMR.

  2. A service that uses some of the computing power of a browser or device that loads the site in question to mine crypto

  3. Coinhive

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#124

  1. What two factors caused CoinHive to become economically inviable? An over 50% drop-in hash rate following a Monero hard fork.

  2. What is cryptojacking? Cryptojacking is a type of malware in which a hacker co-opts a target computing power to illicitly mine crypto-currency.

  3. What was the #1 most-wanted malware for 2018? Spyware for business and adware for consumers.

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#125

It were actually cryptojacking like malewares like Coinhive. :slight_smile:

#126

1. What two factors caused CoinHive to become economically inviable?
Loss of value in XMR and hard fork / algorythm update made it unviable.
2. What is cryptojacking?
Using someones elses compute resources for cryptomining, without permission/knowledge.
3. What was the #1 most-wanted malware for 2018?
Coinhive

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#127

  1. What two factors caused CoinHive to become economically inviable?
    Hash rate reduced by 50% after the Monero hard fork and algorithm update. A market drop off let Monero price to fall 85% within the year.

  2. What is cryptojacking?
    Using someone else’s CPU to mine crypto without their permission and/or knowledge.

  3. What was the #1 most-wanted malware for 2018?
    CoinHive

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#128
  1. 85% drop in crypto markets and 50% in hash rate post-Monero hard fork.
    2.Cryptojacking is using someone else’s device to access their cryptocurrency.
  2. Coinhive was the number 1 malware in 2018.
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#129
  1. What two factors caused CoinHive to become economically inviable?

Among the reasons behind the closure, the developers note the over 50 percent drop in hash rate following the last Monero (XMR) hard fork.

The service was reportedly also hit by the cryptocurrencymarket drop off with the value of XMR slumped over 85 percent within a year.

  1. What is cryptojacking?

Cryptojacking malware is malware that infects computers to use them to mine cryptocurrencies usually without users knowledge. Cryptojacking malware can lead to slowdowns and crashes due to straining of computational resources

  1. What was the #1 most-wanted malware for 2018?

Cryptojacking-related with Coinhive

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#130

1. What two factors caused CoinHive to become economically inviable? 50% drop in hash rate following the XMR hard fork, and a 85% market slump in price.

2. What is cryptojacking?. Malware that secretly uses the host’s computing power to mine crypto that ends up causing instability and slows down the host.

3. What was the #1 most-wanted malware for 2018? Coinhive.

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#131
  1. What two factors caused CoinHive to become economically inviable?
    -" the over 50 percent drop in hash rate following the last Monero hard fork."
    -" The service was reportedly also hit by the cryptocurrency market drop off"
  2. What is cryptojacking?
    Cryptojacking is a type of cybercrime where a criminal secretly uses a victim’s computing power to generate cryptocurrency
  3. What was the #1 most-wanted malware for 2018?
    Cryptojacking malware using CoinHive.
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#132

1.- a 50% drop on hashrate as well as a huge drop on the overall crypto market.

2.- Stealing computational power from other devices in order to mine coins without the owner’s authorization.

3.- Cryptojacking related with coinhive.

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#133
  1. XMR hardfork and the reduction in price
  2. stealing computing power to perform mining
  3. cryptojacking
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#134

  1. What two factors caused CoinHive to become economically inviable?
    Monero hard fork reduced the hash rate to an unprofitable level

  2. What is cryptojacking?
    Enclosing unauthorized mining code in apps thus high jacking hardware to mine cryptocurrency

  3. What was the #1 most-wanted malware for 2018?
    Coinhive related malware

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#135
  1. The two factors which caused CoinHive to become economically inviable were the over 50% drop in hash rate following the last Monero hard fork, and the cryptocurrency market drop off, when the value of XMR slumped over 85 percent within a year.
  2. Cryptojacking is the unauthorized use of someone else’s computer or smartphone to mine cryptocurrency.
  3. The #1 most-wanted malware for 2018 was a cryptojacking-related strain associated with Coinhive.
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#136
  1. What two factors caused CoinHive to become economically inviable?
    The improvements to the Monero protocol which reduced hash rate and the insane price decline which caused interest to fall.
  2. What is cryptojacking?
    A type of malware that steals computing power to mine digital currencies.
  3. What was the #1 most-wanted malware for 2018?
    According to Israeli security firm Check Point, the top 3 most wanted malware strains in 2018 were all related to Coinhive.
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#137
  1. The XMR hardfork and the crypto market drop off. The hardfork caused a 50 percent drop in hash rate and the drop off made XMR’s value decrease by 85%.
  2. Cryptojacking is malware that capitalizes on using the infected computer’s resources to mine crypto.
  3. Coinhive cryptojacking malware.
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#138

  1. A 50% drop in Monero hash rate followed by 85% drop off price within the year

  2. When hackers install malicious software to mine from your device without you knowing

  3. Coinhive

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#139

The two reasons are a) over 50% drop in hash rate following the XMR fork; b) crypto currency’s 85% drop off.

It is when your devices computing power is stolen for mining cryptos.

Coinhive/cryptojacking related malwares.

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#140
  1. 50% drop in hash rate after Monero hard fork, 85% drop of Monero price within a year
  2. in cryptojacking, hackers install malicious software in the victim’s computer to use its computing power for mining.
  3. Cryptojacking software using CoinHive
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#141
  1. Factors that caused CoinHive to become economically inviable
    (mining service stopped on March 8, 2019):
  • the over 50 percent drop in hash rate following the last Monero hard fork
  • the market drop off with the value of XMR slumped over 85 percent within a year

  1. Cryptojacking is the malicious use of a person or persons computing power to mine cryptocurrencies without consent. It has quickly become one the most common forms of malware.

  2. The #1 most-wanted malware for 2018 was Coinhive - cryptomining malware lead the Index, with Coinhive with a global impact of 18%, while Cryptoloot had risen to second on the list impacting 8% of organizations worldwide.

https://apnews.com/press-release/pr-globenewswire/e4e39aae1066d6135551fa14a496cf4c

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