Bitcoin gpu mining i7

Help Me, Laptop: Can I Mine Cryptocurrency?

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Browser-based cryptocurrency mining activity exploded in the last few months of After many years of deathly silence, the catalyst appears to be the launch of a new browser-based mining service in September by Coinhive. This service wraps everything up nicely in an easy-to-use package for website bitcoin gpu mining i7 and has injected new life into an idea that was long bitcoin gpu mining i7 of as dead and buried. Browser-based mining, as its name suggests, is a method of cryptocurrency mining that happens inside a browser and is implemented using scripting language.

This is different compared to the more widely known file-based cryptocurrency mining approach which involves downloading and running a dedicated executable file. Browser-based mining dates back to May of when an innovative service called BitcoinPlus.

That service was in many ways remarkably similar to its modern reincarnation, Coinhive. It used JavaScript code for pooled mining and website owners could sign up to the service and embed these scripts into their bitcoin gpu mining i7 pages to make page visitors mine for them.

The big difference is that back in BitcoinPlus. Back inbefore the advent of ASIC mining inBitcoin was still in its infancy, mining difficulty was relatively low, and cryptocurrency prices were even lower. It was just about possible to do some mining with home-grade hardware. Even though it was possible at that time to mine for Bitcoin via BitcoinPlus. The reward was minuscule compared bitcoin gpu mining i7 the amount of mining power and electricity required.

Due to this fundamental profitability problem with browser-based mining, it soon withered away. The growing problem of profitability was made even worse by the increasing use of ASIC miners. The advent of ASIC miners dragged bitcoin mining out of the realm of home users and into an industrial age dominated by the massive mining farms that we are more familiar with today. Bitcoin gpu mining i7 the demise of Tidbit, the idea of browser-based JavaScript cryptocurrency mining largely died away once again.

Despite these setbacks, key lessons were learned. The point of a service like Tidbit was never about single servers or high-end computers doing solo mining. The true power of this service came from scaling up and pooling the potentially massive combined mining power of masses of users with average hardware visiting a website.

Fast forward to Septemberthe cryptocurrency landscape compared with had changed drastically. The market for cryptocurrency was extremely limited and illiquid, meaning that even if you got some, it was not easy to turn it back into fiat currency for spending.

Together with the diversity of coins to choose from inthere was also now a diversity of coin reward mechanisms. It's against this backdrop that Coinhive released its browser-mining scripts designed to mine Monero, effectively bringing the idea bitcoin gpu mining i7 browser-based mining back from the dead.

Coinhive is marketed as an alternative to browser ad revenue. The motivation behind this is bitcoin gpu mining i7 Users hopefully then get a cleaner, faster, and potentially less risky website remember malvertising? What could go wrong? Soon after the release of the Coinhive service, the hash rate for the service started to climb, and quickly too.

Hashing bitcoin gpu mining i7 the process of carrying bitcoin gpu mining i7 cryptographic hash calculations which are used to help process transactions. Miners who participate in a mining pool get paid a share of income generated by the pool. The Coinhive pool reached just over five percent of that total which is quite an achievement in such a short bitcoin gpu mining i7.

However, the idea was once again revived in December by a group of MIT students in a project called Tidbit—ostensibly touted as an alternative way for website owners to raise revenue. According to one early adopter, the revenue generated by his particular site was far lower than the revenue generated from ads.

In fairness to Coinhive, it recommends being transparent with site visitors and that website owners notify users of the mining that will be taking place and, better still, offer users a way to opt in.

The first high-profile site to start using Coinhive mining was The Pirate Bay torrent website. The Pirate Bay has had a checkered history and, being a highly trafficked site global ranking with million visitors in the last six monthshas been bitcoin gpu mining i7 for alternative ways to bitcoin gpu mining i7 its considerable traffic.

Its initial attempts at browser mining were quickly spotted by users and they were not too happy about it. At least in the case of The Pirate Bay, this was a case of the site's owners making a decision to use Coinhive. The Pirate Bay's initial attempts at browser mining were bitcoin gpu mining i7 spotted by users and they were not too happy about it. One of the Showtime sites affected was its content streaming site which has high traffic and user sessions are lengthy as visitors stay on the site while content is streaming.

Showtime is a premium-based service so it would seem strange that users are made to pay twice for content. The scripts were promptly removed after they were discovered, suggesting that they were planted there maliciously. Reports of many other sites using the Coinhive mining scripts soon followed.

Over the Thanksgiving holiday in the U. As with Showtime, LiveHelpNow is already a legitimate revenue-generating business and there's no obvious reason as to why it would risk user confidence to earn a few extra bucks from users. So the most likely scenario is that the server was compromised either by an outsider, or even an insider.

There are many reasons why browser-based mining is back with a vengeance. Unlike in previous failed attempts, recent developments in the cryptocurrency and threat landscapes have made this a much more viable activity.

Let's have a look at some of these factors in more detail:. Privacy is important if you want to mine coins maliciously, in order to ensure others cannot easily follow the money trail back bitcoin gpu mining i7 you. Monero, which came to the market incan offer a high level of transaction privacy. Unlike with most other cryptocurrencies that use public transparent blockchains where transaction addresses can be easily viewed by anyone, Monero does things differently.

By default, everything is private, including the amount in a transaction, who sent it, and who received it. There is an option with which wallet owners can selectively reveal some information via what's called a view keybut this is not a feature that cyber criminals are likely to want to use.

As mentioned earlier, Coinhive provides a very neat and easy-to-use package for people to get involved in Monero mining. All you have to do is add a few lines of script to your website code. You don't have to make website visitors download and install executable files.

The Pirate Bay was soon followed by another high-profile site—this time Coinhive's miner was found on two of Showtime's websites. With browser-based mining, the cost of mining is borne mostly by the website visitors through hardware wear and tear as well as energy costs. Scale is achieved by using high-traffic sites with sticky content. Coinhive currently pays 0.

The user would have to spend 3, seconds on the site, or roughly 55 minutes, in order to achieve a million hashes. However, if you can get 3, users to spend approximately one second each on the site it would achieve a similar result. Even under optimal conditions, the amount of hashes produced in each instance will be small, but when it comes to distributed computing power, it's all about scale and every little bit adds up.

As we noted earlier, the value of mining rewards are not great, at least not initially. To get a better understanding, we need to look at the profitability of this activity over the longer term and take in the macroeconomic picture to get a true sense of the reward.

The value of cryptocurrencies like Bitcoin gpu mining i7 is bitcoin gpu mining i7 up dramatically. Under these circumstances where the price of Monero can go up substantially in dollar terms over a relatively short time, mining Monero can become an attractive proposition. A small amount of Monero mined today could potentially be worth a great deal more in a matter of months conversely it could also drop significantly depending on the health of the overall cryptocurrency economy.

Mirroring the rising interest and price of cryptocurrency, we have also seen a big jump in our detections of both bitcoin gpu mining i7 and browser-based cryptocurrency mining bitcoin gpu mining i7 in recent months. Malicious cryptocurrency mining isn't just confined to desktop computers and servers. Always-connected mobile devices are also a growing target. We have even seen growth in coin mining on mobile phones in recent years.

Inwe discovered 26 different Android apps that were mining cryptocurrencies. So far in bitcoin gpu mining i7 have found 35, which is around a 34 percent increase.

But cryptocurrency mining is always an energy-intensive activity so the biggest problem facing mobile mining is of course battery drain as battery technology has not progressed as fast as processing power. Mobile mining will inevitably be noticed by the heat generated and the fast-draining battery, not to mention any performance impacts that it may also have on the device. If we consider the cryptocurrency market as whole, we can see that just as the total value of cryptocurrencies increased manifold during the year, interest in malicious mining activity, both browser- and executable-based as indicated by detections of malicious mining activity, increased in tandem with it.

As interest increases, more participants, both as miners and tool makers, join the fray. Coinhive, while being the best known at this time, doesn't have the market to itself. Similar projects like Crypto Loot are cropping up, and other browser mining projects like JSEcoin have been in beta since August and are trying to generate growth in this activity.

Symantec has observed a significant jump in all cryptocurrency mining activity in recent months as evidenced in our increasing detection rate See Bitcoin gpu mining i7 4 and 5. Despite the genuine aspirations of most bitcoin gpu mining i7 mining projects to offer a real and potentially better alternative to traditional web revenue generation methods, the sad reality is, it can and is being misused.

Increasing user awareness and detection by security vendors will trigger a new arms race between cyber criminals and defenders. We can expect bitcoin gpu mining i7 see adoption of a wide range of traditional malware propagation and evasion techniques to help spread and prolong mining activity in order to maximize profit. For as long as the current enabling factors are in place making it favorable for mining, we can expect to bitcoin gpu mining i7 interest in browser mining to be sustained or even increase in the short to medium term.

Symantec is keeping a watchful eye on the growing trend of browser mining. We are making adjustments as necessary to prevent unwanted cryptocurrency miners from stealing your computing resources to enrich others. Website owners should watch for injection of the bitcoin gpu mining i7 scripts into their website source code. Our network solutions can help you spot this in the network traffic as your server communicates with visitors.

In addition, file system scans can also show up any files where the browser-based miner code has been injected, enabling you to identify and bitcoin gpu mining i7 up the content. Symantec helps prevent others from stealing your computing resources by protecting various stages of the attack chain:. All mining software, whether it is file- or browser-based, must be able to connect to either the cryptocurrency network or a mining pool to exchange data, in other words its proof-of-work.

Without this connection, it cannot get the data it needs to generate hashes, rendering it useless. We can also block the mining scripts from being downloaded in the first instance. Our network protection operates on our endpoint solutions as well as our gateway and cloud touch points; all these solutions help build a solid defense against unwanted mining activity.

Here are some of the network protection signatures geared towards detection of browser-based mining:. Our endpoint solutions, including those for mobile devices, can detect and bitcoin gpu mining i7 all types of mining activity whether they are file-based or in-browser.

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23 comments

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When Bitcoin started it was made so any average person could mine it on their home computer. Ethereum on second place. Whats cool in latest app version is that you can withdrawal coins mined right from the app, dont need to get on website at all need to register first HERE.

Their app auto chooses what to mine and currently its XMR algo. Possibly people mine SUMO today for payments on those. If you are little less lazy and want better profits mine directly ZEC or use NiceHash but windows only or you have to point your miners ot them directly. Always helpful always insightful. Keep up the good work. Someone needs to create a site that shows real time the changes in profitability mining different cryptos. Or is there one and I have missed it?

I do still like the fact of coins that can only be mined by CPU it seems to be the best in terms of an even playing field for everyone because everyone has a CPU!

But not everyone has a GPU. One thing you can never predict though is a coin that might not be profitable to mine today could actually be easier to mine today and jump in price making it the most profitable.

I say mine whatever you believe in and like. I believe in mining a fair quantity of variety of coins giving the options in future to get good rewards. Even if you get one nice card, you will get a lot of profit than CPU mining. So in my case, I bought a nice card to get better profits. Still in testing phase, so lets see how it works out.

What GPU are you using, if I may ask? You didn't seem to have trouble in buying one? I'm in Malaysia and GPUs are in short supply. When they are available, sellers would ask for a rather high premium.

These guys would buy as many GPUs as they can with the sole intention of selling these to others. Its a Zotac GTX Had to buy a new one.

Already lost a bundle trying to purchase them second hand fraud sellers. Its not exactly great, but good enough to mine newer coins. Can't mine ETH with this card.

GPU mining might be beneficial. Thanks for the feedback. I am able to get the same hash rate on my i5 m 8 GB ram. All using minergate xmr mining. I use two dell t54oo workstations with dual 3. Join me on minergare- https: Some of the lesser-known coins do have much lower system requirements. One won't make big money from mining like with the popular coins provided that you discover blocks often enough. And you'd need to also own and stake these coins.

While using it for browsing and word-processing. Every so often, my laptop would successfully discover a block and I'd get a small reward. But it's being involved and contributing to a coin and its community that's my main objective here.

All dollar i will earn from this post will be given to help the flood victim people. Honest question, how much power my PC does require for some decent mining like this?

I think I need a new PC for this and that is investment: Some hash algorithms would be prohibitively difficult to put into an ASIC. There might be some other algorithms that could go into an ASIC, but that are used on coins that just aren't worth the development effort to do so.

Whatever the reason may be, it puts everyone on much more "even footting" when it comes to mining. Yes Some asic and gridseed miner's do both. This is more for bitcoin, litecoin and Ethereum mainly. This is also a great way to get more mining power for a low budget. Select your gpu or the gpu you are looking to buy. It will tell you how much power the gpu will use, what will be it's hash rate, What will be your Return on Investment RoI , your profit and how much you will be making on daily basis.

I tried to look for my hardware I don't have anything like those expensive requirements. I have an I7 , 12GB ram, 2x amd in crossfire. It plays my steam games on windows just fine, and linux of course its a beast. So why is it so hard to mine with old hardware?

I would think it would be just the opposite. This is my first post in the community! Additionally I would like to see a comparison of best POS coins and their returns after investing. Does this mean I could use an old computer to mine that stuff? Then trade what I mined for something else? Yes you can but your hash rate may very slow and your earnings not satisfy you.

Also you can use minergate mobile app and desktop version same time for up your hashing power. How do I know it's not like Genesis CloudMining?

That's what I am doing right now. What is the minimum investment to be made? It's my almost 1. That's the only gpu I have right now. If you are starting out for mining from scratch I would suggest to stay away from AMD gpus coz they cost same as nvidia ones but use more electric power to run.

In comparison my uses W for the same or even better performance than RX that uses W. Use the nicehash profitability calculator https: This program Also allows you to buy hashing power to help with the mining expense as of electricity and equipment cost. Thanks for the info, im thinking start mining, this will help me getting started Keep up the good work. It's really simple and newbie friendly. Post your config too. I saw nicehash in Digital Gold youtube mining videos, check it if you dont know.

Is very good because calculates de best coin to mine, benchmark the components, all with a simples clicks. Thanks all for the comments. So i am not sure to buy one or not. And other question about my mining "rig": What should I mine? Be that as it may, not every person has a GPU. Would have been awesome to mine BTC back when laptops were useful. Then again BTC was virtually unheard of at that time. That's an awesome news for all the home miners. But not so awesome for the gamers looking out for gpus: Thanks very much kingscrown for your generosity to share this information.

Join us in Discord. Amazinggg, Thank You kingscrown for information. I've been trading different crypto currency and this one helps a lot.

Anyway does anyway knows the OMG, I kind a heard and read it. Some great tips for beginners like myself here. I tried both nicehash and minergate and both are very straight foward. For more information, click here!

I was getting the same token expired issue in the MinerGate Application and I was searching the web for the solutions. I came across this article https: I hope it will be useful for you. I did a little more research and just started mining ZEC tonight. It is very certain that NiceHash is treating users very well!

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