What is browser-based cryptocurrency mining?

During the inception of browser-based mining in 2011, mining cryptocurrency was cheap and relatively easy. It used JavaScript code for pooled mining, and users could sign up and embed scripts in their websites to provide a way for page visitors to mine for them. Browser-based cryptocurrency miners only mined for Bitcoin ( BTC) back then.

What is crypto mining & how does it work?

In short, crypto mining is how new units of cryptocurrency —usually called coins—are created. As you can imagine, this type of mining doesn’t involve callused hands gripping pickaxe handles. Instead, it’s computer processors that do all the hard work, chipping away at complex math problems.

Are sites using your browser to mine crypto?

Sites Are Using Your Browser to Mine Crypto. It Could Be a Good Thing Sites Are Using Your Browser to Mine Crypto. It Could Be a Good Thing The name says it all: WannaMine.

What is browser mining & how does it work?

Browser mining takes advantage of website visitors’ computing power, allowing miners to significantly reduce their energy bills and hardware expenses. Monero is an example of a cryptocurrency that enables browser-based mining. The cryptocurrency uses the RandomX hash function, a hashing algorithm used for certain PoW blockchains, such as Monero.