Cryptocurrency gave rise to a new kind of economy, one that is fast, decentralized, and bank-free. But that freedom also has its own set of threats. The crypto space has countless threats, which are designed to exploit users in different ways, from stealing funds to tracking wallets or even hijacking systems without any warning. One of those threats doesn’t steal your funds directly. Instead, it hijacks your device and forces it to work for someone else. That’s cryptojacking.
Unlike phishing or wallet hacks, cryptojacking isn’t loud. It doesn’t break your system or lock you out. Instead, it sits quietly in the background, using your device’s power to mine coins for attackers. In such cases, most people don’t even realize it’s happening. The worst part is that additional device power usage increases your electricity bill while someone else collects those profits.
In this article, we’ll discuss how cryptojacking works, why cybercriminals love it, and how one can protect oneself from being used.
At its core, cryptojacking is about using someone’s computer without their permission to mine cryptocurrency.
It usually takes place in 2 ways:
Once the code is running, your CPU or GPU starts working harder than usual. Along with helping you with tasks, it also starts working for the attacker by solving cryptographic puzzles to earn them coins. You pay for the electricity, and your hardware takes the hit, but the attacker takes the profits.
Most cryptojacking attacks go after coins like Monero, which are easier to mine on regular devices and harder to trace.
What makes this attack so dangerous is how hidden and effective it is. You’re not locked out of your files. Your accounts aren’t stolen. Your system just starts getting slower, noisier, and hotter, all while generating profits for someone else.
Here’s why many attackers like it more than other types of cybercrime:
The main reason cryptojacking is tough to spot is that it doesn’t behave like traditional malware. It’s more like a parasite than a virus, something that drains resources without causing a total crash.
Here’s why most people miss it:
The goal isn’t to harm your data, it’s to stay unnoticed. That’s what makes it so effective.
Even though cryptojacking hides really well, it does leave behind signs if you know what to look for:
You can’t always prevent someone from trying to mine through your device. But you can make sure they don’t succeed:
Use security software that detects cryptojacking: Not all antivirus tools catch mining malware. Look for software that scans for unusual CPU usage or browser-based mining scripts. Some tools also specifically advertise cryptojacking protection.
If your system starts acting strange and you suspect cryptojacking, here’s what to do:
Cryptojacking is illegal, even though it doesn’t look as aggressive as other attacks. It’s still considered unauthorized use of your resources.
Whether someone is using your phone, laptop, or browser without permission, it’s a form of exploitation. Some attacks violate fraud and computer misuse laws. If the malware was delivered through phishing or targeted ads, it often crosses into criminal territory.
Catching cryptojackers isn’t easy. The scripts are often hosted on foreign servers, and the profits are sent to anonymous wallets. This makes tracking and prosecution difficult. Some nations are beginning to take cryptojacking as seriously as ransomware, and it is only starting to catch up with enforcement.
If you or someone else you know became a victim of online fraud and financial scams, you can consult Financial Recovery Experts to find more information on getting back lost funds and how you can guard your finances against future threats.
Yes. Constant mining strains your CPU or GPU, causing heat, slowdowns, and wear over time. It can shorten your device’s lifespan and lead to costly repairs.
It usually gets in quietly, through a shady browser extension, a fake app, or even an ad on a website. In many cases, you don’t need to click anything. Just loading a page with hidden mining code is enough to kick things off in the background.
Absolutely. Phones, especially Android devices, can fall victim through malicious apps or web scripts. If your phone suddenly gets hot, lags badly, or your battery dies faster than usual, it’s worth checking what’s running behind the scenes.
Yes. Some websites run mining scripts in your browser. Nothing gets downloaded, but your CPU is used while the site is open, sometimes even after you leave.
Check your browser extensions and remove anything suspicious. Watch for CPU spikes on certain sites. Use tools like MinerBlock or No Coin to block hidden mining.