PHOBOSLAB

Blog Home

About Coinhive

Brian Krebs recently published a story about Coinhive and I want to clarify some things.

In 2007 I built a simple image board - pr0gramm.com - for my friends and me. Over the years, this board has evolved and grown tremendously. When some trolls in 2015 found out who was behind pr0gramm, I received death threats for various moderation decisions on that board. I decided to get out of it and sold pr0gramm. I was still working on pr0gramm behind the scenes and helped with technical issues from time to time, but abstained from moderating completely.

Mid last year I had the idea to try and implement a Cryptocurrency miner in WebAssembly. Just as an experiment, to see if it would work. Of course I needed some users to test it. The owners of pr0gramm were generous enough to let me try but had no part in the development. I quickly built a separate page on pr0gramm.com that users could open to earn a premium account by mining. It worked tremendously well.

So I decided to expand this idea into its own platform. I launched Coinhive a few months later and quickly realized that I couldn't do this alone. So I was searching for someone who would take over.

I found a company interested in a new venture. They have taken over Coinhive and are now working on a big overhaul.

Monday, March 26th 2018
— Dominic Szablewski, @phoboslab