Tagged With cryptojacking

0

As the cost to mine cryptocurrencies continues to increase, people are looking for ways to boost their mining bang for buck. With energy costs rising, it actually costs more to mine many coins than their current face value. As a result, some recent data points to cryptojacking software - that mines for cryptocurrencies without your consent or knowledge - becoming increasingly prevalent and impacting about a quarter of businesses in the ANZ region. What can you do about it.

1

Back in January, we learned that hackers were using YouTube ads to take over computers and force them to mine cryptocurrency. These types of attacks (known as cryptojacking) are only becoming more common, but a closer look at the practice reveals that it's usually tied to one particular currency: Monero.

Here's what you need to know about Monero, where it comes from, where it's headed, and how to buy some.