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Despite an increase in popularity over recent months amongst botnet operators, malware-powered Bitcoin mining brings little to no financial return, say experts. Security giant McAfee contends in its quarterly threat report PDF that commercial botnet controllers and malware packages have been adding cryptocurrency mining options to their list of services offered. The mining tools - offered alongside botnet task options bit mining bot net as spam runs or distributed denial of service DDoS attacks - put infected machines to use mining Bitcoin.
Unfortunately for the cybercrooks, however, it seems that a botnet-turned-mining rig doesn't actually make much money in real life. McAfee found that the increasing difficulty of Bitcoin hashes, combined with the attrition rate from malware detections on infected machines, would make turning a profit from botnet mining nearly impossible. According to researcher estimates, a botnet controller attempting to gunbot trading botautomated cryptocurrency trading boteast coast cryptoibowbow Bitcoin with a 10, system bit mining bot net would initially see a net loss in operations and with bit mining bot net difficulty cycles productivity would plateau off without turning much of a profit.
That bit mining bot net becomes even lower when mobile devices are added to the equation. Researchers note that with less powerful processors and limited battery life, mobile devices are ill-equipped to function as dedicated cryptocurrency mining tools, especially when this is done via covert bit mining bot net infections.
Researchers conclude, therefore, that botnet kingpins are better off avoiding the Bitcoin mining game and sticking with other techniques. That would come as little relief, however, to owners of infected machines who will see their system performance and battery life take a hit whether or not the miner turns a profit.
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About us Who we are Under the hood Contact us Advertise with us. Sign up to our Newsletters Join our daily or weekly newsletters, subscribe to a specific section or gunbot trading botautomated cryptocurrency trading boteast coast cryptoibowbow News alerts Subscribe. Bit mining bot net Despite an increase in popularity over recent months amongst botnet operators, malware-powered Bitcoin mining brings little to no financial return, say experts. Tag coin blockchain unconfirmed Primecoin algorithmic trading How to convert perfect money into bitcoin Monero wallet reddit Printer bot lego mindstorms nxt 2.