$250,000 Monero mining by CoinHive

Crypto Mining

A research made by the RWTH Aachen University revealed that CoinHive mines approximately $250,000 worth of Monero (XMR) per month. The research explained that most of the cryptocurrency mining activity was done through the process of latching onto people’s computers and siphoning people’s processing power without their permission. The research concluded that CoinHive breaks the people’s perception towards the cryptocurrency industry.

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