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Writer's pictureFahad H

Using stolen pc processing cycles to mine Bitcoin: Who does it and the way a lot do they make?


A crew of pc scientists on the University of California, San Diego, has taken an unprecedented, in-depth have a look at how malware operators use the computer systems they infect to mine Bitcoin, a digital foreign money whose worth is extremely unstable. Researchers examined greater than 2,000 items of malware utilized by Bitcoin mining operations in 2012 and 2013. They have been capable of estimate how a lot cash operators made off their operations and which international locations have been most affected. The pc scientists report that the income of 10 of the mining operations they studied reached no less than 4,500 Bitcoin over two years. This could not seem to be a lot, however Bitcoin’s worth elevated from about $10 to about $1,000 throughout that point, with a peak of $1,100 in November 2013. One Bitcoin is at present price about $500.

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