What is Cryptojacking Cryptojacking is basically hackers using someone else's phone, iPad, or laptop for mining cryptocurrencies. Hackers can easily access your electronic devices and steal your CPU power to start mining for themselves. They can do it simply by sending you a link via email, Facebook, Instagram, etc. That's why we should not click on links from strangers.
It will be very difficult to detect if your phone, cpu, and laptop became the cryptojacket because it only shows one symptom that continues to lag. It may seem normal to you because you think your phone is "getting old", but in reality, your electronic devices are secretly working for others.
Why do hackers like cryptojacking? One of the main reasons is that cryptojacking is very difficult to track. Cryptojacking is a low risk but high return investment. We all know that mining Btc is not an easy job that a laptop will use for approx. 10 years to complete mining of a bitcoin.
But can you imagine if anyone had thousands of computers that could freely pull them out? Let's do a simple math. You get 1000Bitcoin after 10 years. Each Bitcoin costs you around $ 7,500 and will eventually rise to around $ 15,000 over the next 10 years. 1000 multiplied by 7500USd You get about $ 7. 5 million in the next 10 years that automatically goes into your Bitcoin wallet, and it can grow even more. What if the hacker got 10,000 free mine sets for him? Yes, it must be a lot.
Hackers just need to lure you into ads and get you to click inside. The encoding you already typed runs automatically, and that's it. It will just let your computer do its job. He does not have to sit down to report the operation of the computer every day, nor does he need a skilled hacker to do so. Although it sounds good, cryptojacking is illegal!
This is against the law in Bitcoin rules. Hackers like to extract cryptocurrencies as Monero compared to bitcoin as the monero community is less active than the bitcoin community and they did not want to get caught so quickly.
Crytojacking is the latest trend for hackers as it is easy to configure, more secure, and with high performance. Is there a way to prevent cryptojacking from happening to us? Yes, of course, every disease has its own medicine to cure. You can install an ad blocker to block all ads pop-ups and prevent you from getting stuck in ads. It can also detect the presence of crypto jacking scripts. Next,
we should avoid clicking on a random link in the email. They can place their cookie inside the link, and when you click inside your computer, they start extracting for them. These two are the main way in which they place their encryption inside your computer by following these precautionary steps to prevent it from working for them.
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