Archives - Cryptocurrency Mining

What’s cryptojacking?

Cybercriminals distribute cryptojacking malware through weaponized mobile applications, botnets, and social media platforms by manipulating flaws in applications and servers, and by hijacking Wi-Fi hotspots. With the cryptomining software installed, the malicious cybercriminals effectively hijack the processing power of the victim devices and systems to earn cryptocurrency. Also, malicious cyber actors may infect a website […]

What is cryptomining?

Cryptocurrency mining, or cryptomining, is simply the way in which cryptocurrency is earned. Individuals mine cryptocurrency by using cryptomining software to solve complex mathematical problems involved in validating transactions. Each solved equation verifies a transaction and earns a reward paid out in the cryptocurrency. Solving cryptographic calculations to mine cryptocurrency requires a massive amount of […]