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Coinhive keeps 30 percent of whatever amount of Monero cryptocurrency that is mined using its code, whether or not a Web site has given consent. Coinhive, a service that allows websites to use their visitor's computers to mine cryptocurrencies, is shutting down, ZDNet reports. In this edition of The Daily, the creator of the in-browser crypto mining software Coinhive is closing down due to the low prices of monero.

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Image: Malwarebytes. Apr 30, Bitcoin mining by personal computers infected with malware is being challenged by dedicated hardware, such as FPGA and ASIC platforms, which are more efficient in terms of power consumption and thus may have lower costs than theft of computing resources. The resulting decreased performance and latency can be annoying, but users are unlikely to find out that a miner like Coinhive is the cause.

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