Cryptojacking

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Meaning of Cryptojacking

Cryptojacking involves the secret use of device’s resources (like Mobile phone, PC) to mine cryptocurrencies without the owners approval or knowledge.

In this case, a website, app or plugin gain access to the device’s memory to handle mathematical computation task needed to be solved in mining some Cryptocurrencies and generate mined coins to the wallet of the hacker or website with running the tool.

Known types of Cryptojacking includes but not limited to in-browser mining, hacked apps, and background malware.

Synonyms:
Cryptojack, Crypto jacking
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