There are reports that one of the famous Torrent websites ‘The Pirate Bay’ is mining coins through the users’ CPU. These mined ‘Monero Coins’ are trading at about $93. The website transfers a JavaScript code into the footer of TPB. While the user is accessing this website, the mining process automatically starts with the increase in CPU speed. Many users do not notice this change in CPU speed. The admin of the website says that they are doing all this for testing purpose.

Many users reported on Sunday that when they browse the website ‘The Pirate Bay’ their CPU speed increases. A close observation has proved that the CPU speed increases and reaches 0.6 to 0.8. The experts have found that the website is using a cryptocurrency miner to mine the coins. Here, it is important to mention that all the Torrent websites were already using some codes to donate money via bitcoins. Donation through bitcoins is not as bad as the fundraising is.

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The Supermoderators of the website are also condemning this action taken by the admin. They are hopeful to take some action against it in the near future. The experts have detailed out the process to control this mining. A user can block or disable the javascript to stop this coin mining. There are two ways to block or disable javascript. You can do it either through browser settings or through installing some script blockers like NoScript.

Cryptocurrency is passing through many ups and downs in this month. The value of bitcoin is decreasing. China has banned the ICO’s while the British Watchdog FCA has also issued warnings against cryptocurrency. This is because the investors were using ICO’s to raise their funds within weeks and months. Moreover, the statement of JP Morgan’s CEO has done with it all.

GEARS OF BIZ