Another Strong Signal from GoogleMining has always played a critical role in the world of cryptocurrency. Without mining, it would be very difficult to protect and secure cryptocurrency networks. For Bitcoin, for example, mining is the proverbial lifeblood of the network right now. Miners help process network transactions as well as protect the entire ecosystem from outside attack.
Unfortunately, the mining aspect of cryptocurrency has also attracted a fair bit of negative attention. We have seen various attempts to maliciously mine cryptocurrency in the past. Whether that’s done by embedding code on a website or using Google Chrome plugins to do the dirty work, it is evident something will need to change sooner rather than later. As such, Google is taking matters into their own hands.
More specifically, the company has made it crystal clear that they are getting rid of all Chrome extensions which run malicious cryptocurrency miners. That is a positive development for the industry as a whole, even though most people may see it as a direct way of countering cryptocurrency once again. With the number of malicious Chrome mining extensions growing over the years, something had to give.