The big difference is that back in 2011, as its name suggests, mined for Bitcoin (BTC) whereas the current browser-based miners like Coinhive are mining for Monero (XMR)-a newer, privacy-focused cryptocurrency.
#BEST MINING SOFTWARE FOR MULTIPLE COINS CODE#
It used JavaScript code for pooled mining and website owners could sign up to the service and embed these scripts into their web pages to make page visitors mine for them. That service was in many ways remarkably similar to its modern reincarnation, Coinhive. This is different compared to the more widely known file-based cryptocurrency mining approach which involves downloading and running a dedicated executable file.īrowser-based mining dates back to May of 2011 when an innovative service called was initially launched-back when Bitcoin was cheap and mining was easy-not to be confused with another cryptocurrency known as Bitcoin (XBC).
Mobile devices have not been spared from cryptocurrency mining, as witnessed by a 34 percent increase in the number of mobile apps incorporating cryptocurrency mining code.īrowser-based mining, as its name suggests, is a method of cryptocurrency mining that happens inside a browser and is implemented using scripting language.A surge in the cryptocurrency market in 2017, as well as availability of coins that are mineable using home hardware and easy-to-use JavaScript APIs, has led to a torrent of malicious browser-based mining affecting many well-known and lesser-known websites.Browser-based cryptocurrency mining is not new it's been around since at least 2011.This service wraps everything up nicely in an easy-to-use package for website owners and has injected new life into an idea that was long thought of as dead and buried. After many years of deathly silence, the catalyst appears to be the launch of a new browser-based mining service in September by Coinhive. Browser-based cryptocurrency mining activity exploded in the last few months of 2017.
0 kommentar(er)
