Blog | G5 Cyber Security

A look into the global drive-by cryptocurrency mining phenomenon

JavaScript-based mining is cross-platform compatible and works on all modern browsers. In itself, browser-based cryptomining is not illegal and could be seen as a viable business model to replace traditional ad banners. Malwarebytes has been blocking the original Coinhive API and related proxies an average of 8 million times per day, which added up to approximately 248 million blocks in a single month. Drive-by mining is similar to drive-by downloads, due to the way the code is delivered onto unsuspecting users.”]

Source: https://blog.malwarebytes.com/cybercrime/2017/11/a-look-into-the-global-drive-by-cryptocurrency-mining-phenomenon/

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