Salon announced this week that visitors who insist on using an ad blocker must either disable it or mine cryptocurrency for the site.
For our beta program, we’ll start by applying your processing power to mine cryptocurrencies to recoup lost ad revenue when you use an ad blocker. We plan to further use any learnings from this to help support the evolution and growth of blockchain technology, digital currencies and other ways to better service the value exchange between content and user contribution.
Your unused processing power are the resources you already have but are not actively using to it’s full potential at the time of browsing salon.com. Mining uses more of your resources which means your computer works a bit harder and uses more electricity than if you were just passively browsing the site with ads.
Who will be the first to sue Salon, claiming the mining software melted their laptop?
The epidemic of cryptojacking malware isn't merely an outgrowth of the incentive created by the cryptocurrency bubble -- that's just the motive, and the all-important the means and opportunity were provided by the same leaked NSA superweapon that powered last year's Wannacry ransomware epidemic.
The creation of "public ledgers" -- like blockchain, popularized by Bitcoin -- requires "consensus algorithms" that allow mutually untrusted, uncoordinated parties to agree on a world-readable, distributed list of things (domain names, transactions, title deeds, etc), something that cryptography makes possible in a variety of ways.
Security researcher Scott Helme has spotted a third-party exploit that injects a script that mines cryptocurrency on over 4,200 sites, from the UK NHS to the US Courts' official site to the sites of other esteemed security researchers.
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