A group of hackers has allegedly colluded with computer maintenance firms in China to hack into computers owned by internet cafes to mine cryptocurrency.
The report said the hackers first developed a piece of malware that can specifically mine the siacoin cryptocurrency on an affected device.
They then marketed it to computer maintenance firms who allegedly helped to inject the malware to computers at internet cafes whilst carrying out routine checkups.
Meanwhile, the utility bills of the affected internet cafes in Rui’An also went up significantly during that period, the report said.
Since most internet cafes in Rui’An used the same computer maintenance firm (which was unnamed in the report), the police arrested the firm’s chief executive officer in August, who later revealed information on the hackers.
Razer, the multi-billion-dollar gaming equipment manufacturer, released a new program that allows gamers to easily utilize their idle GPUs to mine cryptocurrency. The catch to this seemingly simple program, however, is that users don’t actually get to keep the cryptocurrency they mine.
A group of hackers has allegedly colluded with computer maintenance firms in China to hack into computers owned by internet cafes to mine cryptocurrency. The report said the hackers first developed a malware that can specifically mine the siacoin cryptocurrency in an affected device.
Japanese prosecutors from 10 prefectures have arrested 16 individuals suspected of involvement in an ongoing criminal case of cryptojacking, local news outlet The Asahi Shimbun reports June 15. Cryptojacking is the practice of using unsuspecting users’ processing power in order to mine cryptocurrency for the attacker. According to the report by Asahi Shimbun, the arrested
The police in Japan are cracking down on the illegal use of personal computers for cryptocurrency mining. Multiple prefectural police departments are currently investigating one particular case and pursuing criminal charges, which would make it the first criminal case in Japan where computers are illegally used for mining cryptocurrencies.
Authorities in Japan are investigating a number individuals who are alleged to have duped website visitors into mining cryptocurrency for them without their permission. If charges are pressed, it will be the first time that cryptojacking has become a criminal case in the nation.
Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.
This article is republished from Coincentral – https://coincentral. com/is-cloud-mining-more-profitable-than-bitcoin-mining-hardware/ Getting started with bitcoin mining can be a difficult process for many.
