Digital currency mining site
Why? We tried to find out firsthand.
However, when one of our team members went to see Coinhive's explanation of the shutdown, we encountered this:
So much for getting a
This means we'll have to rely on ZDNet's story about the shutdown, which quotes
"The drop in hash rate (over 50%) after the last Monero hard fork hit us hard," the company said. "So did the 'crash' of the
The company also mentioned a change in the Monero algorithm that caused challenges.
The idea was that instead of putting ads everywhere, you could run hidden code so visitors to your website would mine a little cryptocurrency while there. The website owner would then get a cut of the profits.
Instead, it became an abused technology, and
We'll be interested to see if this actually makes a difference to the
[RESOURCE: Cybersecurity ratings for cryptocurrency exchanges]
[RELATED: The Risks from Cryptojacking and How to Prevent Them]
