Latest Bitcoin Scam-CryptoJacking

CryptoJacking

Have you ever wonder how hackers earn their money? Well cryptojacking is one of the latest way. Cryptojacking is basically hackers use of somebody else phone, ipad or laptop to mine cryptocurrency. Hacker can easily get access to your electronic appliances and steal your cpu power to start mining for themselves. They can do that by simply sending you a link through email, facebook, instagram and so on. That why we should't click on link that are send by strangers. It will be very hard to detect if your phone, cpu and laptop got cryptojacking because it shows only one symptom which is lagging continues. It might seems normal to you because you think that the phone is "aging" but actually you electronic appliances is secretly working for others.

Why hackers like cryptojacking? One of the main reasons is that cryptojacking is very hard to trace back. Cryptojacking is an low risk but high return investment. We all know that Btc mining is not an easy job a laptop will use about 10 years to finish mining one bitcoin. But can you imagine if someone got thousand of computers mining freely from them. Let's do a simple math. You will get 1000Bitcoin after 10 years. Each Bitcoin cost you about 7500USD and eventually will raise to about 15000USD over the next 10 years. 1000 multiply by 7500USd You will get about 7.5 million worth of usd over the next 10 years automatically going inside his Bitcoin Wallet and might even grow more. What if the hacker got 10 000 computers mining for him free? Yeah it must be a lot.

Hackers only need to bait you into an ads and have you clicking inside. The coding that already written by him will automatically run and that is it. He will just let his computer to do his work. He does not require to sit infront of the computer working everyday.It also did not require a skillful hacker to do so. Even though is sounds so good but cryptojacking is illegal! It is against the law of Bitcoin regulations. Hacker like to mine cryptocurrency coin such as Monero compare to bitcoin as monero community is less active than bitcoin community they did not want to get caught so fast.

Crytojacking is the newest hacker trend as it is easy to setup, more secure and high in return.Is there any way that we can prevent cryptojacking happen to us? Yes of course, every disease have it's own medicine to cure. You can install an ads blocker to block all the ads pop up to prevent you accidentally clicking into the ads. It also can detect the present of cryptojacking scripts. Next we should avoid clicking into random link inside email. They can put their cookie inside the link and when you click inside your computer will start mining for them. These two is the primary way that how they put their coding inside your computer follow these precaution step to prevent you working for them. Remember to keep your window up to date it also can help to prevent those ads to pop up. Learn more about Bitcoin Trading at my website.