Cryptojacking is defined as the secret use of your computing device to mine cryptocurrency.
Cryptojacking used to be confined to the victim unknowingly installing a program that secretly mines cryptocurrency.
Here’s the bad news…
In-browser cryptojacking doesn’t need a program to be installed.
I found this out when Jascha, a Hacker Bits subscriber, emailed us about an article in Issue 22 that was doing in-browser cryptojacking.
Below, you’ll find out more about in-browser cryptojacking and how to protect yourself.
How does in-browser cryptojacking work?
If you think it’s nothing, think again…
You load the page, and the in-browser mining code just runs. No need to install, and no need to opt-in.
Currently (Nov 2017), in-browser mining is available for the Monero cryptocurrency.
Monero is a privacy-focused cryptocurrency started in 2014. It is one of the few cryptocurrencies that supports in-browser mining.
Cryptojacking scripts allow you to quickly install a miner on your website. Coinhive’s set of AuthedMine scripts is the only solution I can recommend.
This tutorial is a cryptojacking how-to detailing exactly what you need to setup an opt-in WordPress Coinhive miner for the Monero cryptocurrency.
The simplest way to protect yourself from cryptojacking is to install a cryptojacking blocker.
Want to know more about cryptocurrencies?
Big thanks... for reviewing earlier versions of this article: Shea Newkirk (aka The 'Stache), Jascha, Brian D. Colwell, Edmond Chan and Kyle Rea.
Update 12/15/2017: The Sun is plagiarizing this article. Not going to link to it, but you can find it with a quick search. They clearly stole passages from this article.
Update 12/19/2017: This article is included in Decryptionary!! Thanks, Dani.
Update 1/11/2018: We're in Blockchain WTF's intermediate glossary!
Update 1/22/2018: Thanks to David for including this article in Bitcoin Security Tips.
Update 1/24/2018: BlockchainHub included this article. Thanks, Valentin!