More Pirate Miners Riding the Crypto Gold Rush
The latest boom in cryptocurrencies sees a surge in pirate mining
However, it is a contentious issue as pirate mining, which involves a website using a script to enact a user’s processor to help them mine cryptocurrencies, is not necessarily seen as malware, yet it can be viewed as such.
The issue, however, is that this phenomenon will only continue to grow as the price of cryptocurrencies expands and the profitability of it increases.
A question of ethics
It is a broad issue to face as it emerged that many do not mind having their processors used to mine digital currencies for the upkeep of other sites. In fact, some even said they preferred it over having to deal with advertising.
The Pirate Bay came clean on their mining and many said that was all that was needed, a level of openness, as it is well known that the Pirate Bay cannot utilize advertising.
However, when the likes of Coinhive, the seemingly leading scrip in this regard, is utilized, the hope is that consent will be requested, but there are instances where it is a malware-type attack.
Hundreds of websites were found to be running code created by the Coinhive project. This lets the web domains generate coins for the Monero cryptocurrency by using the processing power of visitors' computers.
"The use of Coinhive or similar mining services is itself not a malicious activity," said Yuchen Zhou and colleagues at security company Palo Alto. "It is how they are used that makes the sites malicious."
Now, there are instances where people have cloned the likes of legitimate scripts put out by Coinhive, which does become malicious when it is affected.
Security news website Bleeping Computer has now found 10 separate "clones" of Coinhive that mine different types of coins for their creators.
"Most are behaving like malware, intruding on users' computers and using resources without permission," wrote Catalin Cimpanu on the Bleeping Computer site.