Salon website asks readers to mine cryptocurrency

A news website is asking permission from its readers to mine cryptocurrency with their computers, using a tool favoured by criminals. 

US news website Salon.com is asking visitors who are using an advertisement blocking tool to use give up some of their unused computer power to harvest digital coins, in exchange for viewing articles on the site. 

Cryptomining can slow users browsers to a crawl and quickly drain battery on mobile devices because it requires a large amount of computational power to complete cryptocurrency transactions. The code used by Salon mines Monero, a cryptocurrency similar to Bitcoin, currently worth $243 per coin.

Hackers have been known to hijack popular websites and inject them with cryptomining tools, siphoning computer power without the person knowing, in a process dubbed cryptojacking. Despite the controversy, some see it as a potential revenue stream to replace online advertising.

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