«The Rarog malware family represents a continued trend toward
the use of cryptocurrency miners and their demand on the criminal underground,» said Unit 42's post.
Sadly, and in spite of the good
use of a cryptocurrency miner, Coinhive is in the position of many other helpful instruments that have been misused by criminals.
Not exact matches
More than just capable, they're one
of the main tools
used by
cryptocurrency miners.
It also operates Antpool, a
cryptocurrency «mining pool» that generates digital coins
using the pooled resources
of a number
of different
miners.
And
cryptocurrency miners have driven the price
of crucial gear — like the graphics card gamers
use to amp up their computers» processing speeds.
Security researchers have detected a new wave
of cryptocurrency - mining malware infecting servers across the web, and this one is
using multiple exploits to gain access to vulnerable and unpatched systems to install a Monero
miner.
To verify transactions,
miners use a computer or a group
of computers to solve a mathematical puzzle, called a cryptographic function, and they are rewarded with freshly generated
cryptocurrency — the reward is what leads to the name mining.
There's no magic fix in sight for the amount
of energy gobbled by
cryptocurrency miners — but at least the method
used is relatively secure.
Popular Mac app «Calendar 2» recently added a «payment» option that
uses customer computers to mine the
cryptocurrency Monero in exchange for free access to premium features, but a bug in the app's code allowed the
miner to run indefinitely even when users opt out
of the default setting.
In the case
of bitcoin — the most popular
cryptocurrency — a multitude
of miners now make it absolutely necessary to
use ASICs (Application - Specific Integrated Circuits) which consume considerable amounts
of electricity.
The main goal
of Litecoin Cash is to enable
miners to make efficient
use of their SH -256-design hardware, as they can
use it on mining multiple
cryptocurrencies.
On Tuesday, a group
of miners split off from the main bitcoin blockchain — meaning they started
using a new, incompatible software — creating a new
cryptocurrency called Bitcoin Cash.
Coinhive offers a JavaScript
miner for the Monero
cryptocurrency that you can embed in your website and
use the CPU
of website visitors computers to mine coins for you.
A few hours ago a
cryptocurrency miner appeared on The Pirate Bay website,
using the computer resources
of visitors to mine Monero coins.
Improved Bitcoin (IBC), the proposal from the Institute
of Economic Research at Hitotsubashi University in Tokyo, pegs the price
of cryptocurrency to the US dollar, but then
uses the reward given to bitcoin
miners as a way
of adjusting the supply
of coins.
Over the last few weeks, many
miners who breakdown complicated mathematical equations in order to create and
use the
cryptocurrency, want to split from the original bitcoin in order to take advantage
of a new type
of currency known as Bitcoin Cash.
With the
miner, the user will
use the processing power
of the computer to generate
cryptocurrency - like Bitcoin, but more likely Ethereum - based coins like Monero.
Crypto
miners are known to be notorious for making bulk purchases
of high - end graphic cards in bulk to build their machines that are
used to mine Bitcoin and other
cryptocurrencies.
The government
of a Japanese city known for its renewable energy and low temperature in the wintertime is attracting
cryptocurrency miners to
use its clean electricity.
The CEO estimates
cryptocurrency miners could
use 5000MW
of that energy.
The decision to carry out the hardfork was made after the Chinese mining equipment manufacturer Bitmain, the largest one
of its kind in the world, had released an ASIC
miner Antminer X3 for CryptoNight algorithm,
used by Monero and several other
cryptocurrencies.
He ordered new registration requirements for
cryptocurrency miners, the application
of securities laws to the initial coin offering (ICO) funding model and research into how the tech could be
used as part
of a digital payments ecosystem in the Eurasian Economic Union.
A major concern
of both small and large
miners is the debate about how a
cryptocurrency system should scale, and what methods should be
used.
The platform, aimed at
miners, projects that made their token sales, traders, investors, and exchanges, will allow holders
of crypto assets to gain access to loan - based financial services,
using cryptocurrency as collateral
Industry - wide, shipments
of add - in boards — which house the external graphics cards
used by
cryptocurrency miners — were up 31 percent from the first quarter to the second, according to Jon Peddie Research, a market research firm which tracks GPU sales.
In a Twitter discussion on March 10th, the co-founder
of Czech
cryptocurrency exchange Nakamoto X revealed a photo
of large bunches
of tomatoes that were grown
using excess heat from crypto
miners.
v3.co.uk - Cyber criminals want to
use your resources to mine their
cryptocurrency The number
of Coinhive web
miner detections has tripled as a result ofaggressive «malvertising campaigns» being run over online advertising networks, according to security firm Trend Micro.