How does your smart gadgets mining bitcoin for criminals

If the web browser slow down in your smartphone? It may be an indication of bitcoin mining for criminals. With growing the value of crypto currency in the market, The hackers whole focusing on a new type of heist: putting malicious software on peoples’ handsets, TVs and smart fridges that makes them mine for digital money.

This is called "Crypto jacking" And this is becoming a major problem in the cyber security industry, which has a huge impact on both the consumer and organisation. After this hacking, the processing power of the people of the phone gets down a little bit, but after a few months its processing power is more dirty, due to the mining of bitcoin, due to which the phone becomes more slow. Crypto-jacking is not done only by installing malicious software. It can also be done through a web browser. The victim visits a site, which latches onto the victim's computer processing power to mine digital currencies as long as they are on the site. When the victim switches, the mining ends. Industry experts first noted crypto-jacking as a threat in 2017, when virtual currency prices were skyrocketing to record highs. The price of bitcoin, the most widely known virtual currency, jumped six-fold from September to almost $20,000 in December before falling back down to under $10,000.