English edit

Etymology edit

crypto- +‎ mining

Noun edit

cryptomining (uncountable)

  1. The process of reverse-engineering the encryption used by cryptocurrency in order to generate cryptocurrency.
    • 2018 February 12, Antonio Villas-Boas, “I've started to mine cryptocurrency, and it's surprisingly easy -- but I'm still 8 months away from breaking even”, in Business Insider Australia:
      It’s almost as if cryptomining were designed to break graphics cards – miners usually run their graphics cards for 24 hours, and the process creates a lot of heat.
    • 2017 December 16, Hyacinth Mascarenhas, “Russian pipeline giant Transneft's computers hit with malware that covertly mined cryptocurrency”, in International Business Times UK:
      Demin warned that more companies could face malicious software capable of cryptomining. Of late, a number of businesses were caught running cryptomining code on their websites to secretly generate digital currencies as an alternative to online advertising.
    • 2016 September 9, JP Buntinx, “NAS Servers Infected With Crypto Malware Are Mining Monero”, in News BTC:
      One currency that is actively mined through cryptomining malware is Monero.