• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Coinhive Closing up Shop March 8th in Wake of Monero Forks, Crypto Crash

Raevenlord

News Editor
Joined
Aug 12, 2016
Messages
3,755 (1.34/day)
Location
Portugal
System Name The Ryzening
Processor AMD Ryzen 9 5900X
Motherboard MSI X570 MAG TOMAHAWK
Cooling Lian Li Galahad 360mm AIO
Memory 32 GB G.Skill Trident Z F4-3733 (4x 8 GB)
Video Card(s) Gigabyte RTX 3070 Ti
Storage Boot: Transcend MTE220S 2TB, Kintson A2000 1TB, Seagate Firewolf Pro 14 TB
Display(s) Acer Nitro VG270UP (1440p 144 Hz IPS)
Case Lian Li O11DX Dynamic White
Audio Device(s) iFi Audio Zen DAC
Power Supply Seasonic Focus+ 750 W
Mouse Cooler Master Masterkeys Lite L
Keyboard Cooler Master Masterkeys Lite L
Software Windows 10 x64
Remember Coinhive, one of the most negative faces of crypto currencies to ever grace the world wide web? The platform, which allowed for websites (or malicious players) to inject web pages' code with cryptocurrency mining algorithms that hijacked visitors' CPUs to mine the privacy-focused Monero cryptocurrency has announced they are shuttering their doors (and services) on the 8th of March. The company cites changes to Monero's rewards and has rates declines following some hard forks, as well as overall crypto market value being down, with Monero having deprecated some 85% since the website put its code up for grabs.

For companies and/or users that used Coinhive's code to mine Monero with other users' systems - usually, without their consent or knowledge - have until April to withdraw any earnings they have amassed. After that, it's all gone. It's quite obvious that this was only one of the first manifestations of wrongly-designed cryptomining, but then again, some users will always take advantage of these sorts of tools.



View at TechPowerUp Main Site
 
Joined
Aug 20, 2007
Messages
20,759 (3.41/day)
System Name Pioneer
Processor Ryzen R9 7950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps
Software Gentoo Linux x64
There are opensource alternatives that will pay direct to a wallet. Never understood why coinhive was so popular...
 
Joined
Dec 14, 2013
Messages
2,615 (0.69/day)
Location
Alabama
Processor Ryzen 2700X
Motherboard X470 Tachi Ultimate
Cooling Scythe Big Shuriken 3
Memory C.R.S.
Video Card(s) Radeon VII
Software Win 7
Benchmark Scores Never high enough
Now all the rest of crypto needs to follow suit........
 
D

Deleted member 158293

Guest
Yup, not using open source software is just asking for trouble.
 
Joined
Aug 20, 2007
Messages
20,759 (3.41/day)
System Name Pioneer
Processor Ryzen R9 7950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps
Software Gentoo Linux x64
Now all the rest of crypto needs to follow suit........

Crypto isn't centralized like a business, thus it won't happen.
 
Joined
Aug 16, 2004
Messages
3,275 (0.46/day)
Location
Sunny California
Processor Intel Core i9 13900KF
Motherboard Asus ROG Maximus Z690 Hero EVA Edition
Cooling Asus Ryujin II 360 EVA Edition
Memory 4x16GBs DDR5 6800MHz G.Skill Trident Z5 Neo Series
Video Card(s) Zotac RTX 4090 AMP Extreme Airo
Storage 2TB Samsung 980 Pro OS - 4TB Nextorage G Series Games - 8TBs WD Black Storage
Display(s) LG C2 OLED 42" 4K 120Hz HDR G-Sync enabled TV
Case Asus ROG Helios EVA Edition
Audio Device(s) Denon AVR-S910W - 7.1 Klipsch Dolby ATMOS Speaker Setup - Audeze Maxwell
Power Supply EVGA Supernova G2 1300W
Mouse Asus ROG Keris EVA Edition - Asus ROG Scabbard II EVA Edition
Keyboard Asus ROG Strix Scope EVA Edition
VR HMD Samsung Odyssey VR
Software Windows 11 Pro 64bit
The repercussions from the cryptomining craze are still being felt by the whole PC industry, both AMD and Nvidia have paid the price of betting on it, and gamers around the world were taken along for the ride.

My only hope is this "industry" continues to exist on an ASIC only basis, and no one ever tries to use gaming based hardware to make money out of thin air, driving gaming hardware prices to crazy high levels again...
 
Last edited:
Joined
Oct 17, 2011
Messages
857 (0.19/day)
Location
Oregon
System Name Red 101
Processor 9th Gen Intel Core i9-9900k
Motherboard EVGA Z370 Classified
Cooling Custom Primochill and Heatkiller water cooling loop
Memory 16GB of Gskill 3200Mhz CL14
Video Card(s) EVGA GeForce GTX 1080 FTW2 with Heatkiller block @2114Mhz
Storage 4- Samsung Evo 250GB, 1- Pro 512GB and 1-512GB M.2
Display(s) LG 38" UW
Case In Win 101 customized a lot and painted red
Audio Device(s) Razer Kraken 7.1 Chroma
Power Supply EVGA 850w G2
Mouse Razer DeathAdderv2
Keyboard Razer Ornata Chroma
Software Win10Pro and games
Benchmark Scores NA
Good riddance... to them and the rest of crypto gangs
 
Joined
Feb 14, 2012
Messages
2,321 (0.52/day)
System Name msdos
Processor 8086
Motherboard mainboard
Cooling passive
Memory 640KB + 384KB extended
Video Card(s) EGA
Storage 5.25"
Display(s) 80x25
Case plastic
Audio Device(s) modchip
Power Supply 45 watts
Mouse serial
Keyboard yes
Software disk commander
Benchmark Scores still running
> deprecate

Depreciate, in this usage, as far as I know.
 
Top