Chinese Hackers Hiddenly Mined $2M

Hackers built hidden miner into plug-ins for the Internet browser - for example, to improve the speed of the Internet
10 July 2018   1529

Chinese hackers were able to mine hiddenly $2M worth  cryptocurrency in 2 years. 1M devices were infected. This is reported by CoinDesk.

According to one local media, police in the Chinese city of Dalian arrested 20 employees of a computer firm who are suspected of illegally taking control of a large number of computers for illegal crypto-mining.

Hackers created a malicious program and built it into plug-ins for the Internet browser - for example, to improve the speed of the Internet - and promoted it through advertising, which was shown to 5 million users.

After the user clicked on such an advertisement and installed the plugin, his computer became infected. As a result, according to the police, malware was downloaded to more than 1 million computers, which for 2 years mined 26 million tokens of Digibyte, Decred and Siacoin.

In addition, hackers created a network of more than 100 agents to promote their illegal mining network-for example, through working relationships in the internet cafes.

Argo Blockchain to Implement 1000 New Miners

It is worth noting that Argo Blockchain shares are traded on the London Stock Exchange
20 September 2019   94

Argo Blockchain, a British mining company, has installed 1,000 new ASIC miners. Now the company has 6,000 devices.

According to the Proactiveinvestors portal, over the next two quarters, the company will acquire another 6,000 bitcoin miners.

Argo Blockchain shares are traded on the London Stock Exchange (LSE). Against the backdrop of a bullish rally of bitcoin, this year they grew by 193% - from £ 3.2 in early April to £ 9.5.

In the second quarter financial report, the firm reported a substantial increase in revenue. Its representatives are also interested in placing a farm on 2500 devices in the Canadian province of Quebec.

On September 19, the total computing power of the bitcoin network crossed the line of 100 EH / s.