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Ethereum: Have there been reports of botnets mining Bitcoin / crypto-currencies?

** Ethereum: Are there reports of bitcoin and other cryptocurrencies?

The rise of cryptocurrencies brought with it a new set of security groups. The most important is the potential for botnets to engage in harmful activities, including the extraction of a cryptomen, such as bitcoin. In this article, we will immerse ourselves into the news of the involvement of botnets in the extraction of the cryptocurrency and examine whether these claims are purely theoretical or the evidence was justified.

** Botnets: What are they?

Botnet is a network of endangered computers or devices that are remotely controlled by an attacker. These compromised machines can be used for various harmful activities, including spam, distribution of malicious software and cryptocurrency mining. Botnets allow attackers to spread their presence to a large number of infected machines, making it difficult to monitor and isolate the attack source.

Task Ethereum in Cryptocurrency Mining

Ethereum, a popular decentralized platform for building smart contracts and decentralized applications (DAPPS), has been identified by some researchers as a potential goal. However, there were no specific reports on botcoins or other cryptomains on Ethereum.

In fact, most of the traditional cryptocurrency extraction, which is carried out on high -performance graphic processing units (GPU) and not on CPU. The reason is that the GPU is designed to handle complex mathematical calculations needed for blockchain transactions and cryptocurrency mining, making them suitable for this purpose.

Reports on the involvement of botnets in cryptocurrency mining

Although there are no direct reports of bitcoin or other cryptomains on Ethereum, there are some indirect examples. For example::

  • However, scientists later explained that malware was designed to focus on bitcoins rather than other cryptocurrencies.

  • Crypto-Bine : The report for the security company in 2020, Kaspersky Lab, mentioned the potential threats that used Botnet for Ethereum mining and other cryptocurrencies on endangered computers.

** Is it possible for botnets to benefit cryptocurrencies?

Although theoretically, it is possible for botnets to be involved in cryptocurrency mining, there are several reasons why this has not justified the legs:

1.

  • Energy requirements : Most cryptocurrency extraction require a significant amount of computational energy, which is proven by specialized hardware such as GPU or ASIC (integrated circuits specific to the application). Botnets usually use compromised computers with limited resources, making it energy -intensive tasks such as cryptocurrency mining, impractical.

  • Network security

    Ethereum: Have there been reports of botnets mining Bitcoin / crypto-currencies?

    : Blockchain networks are designed to be safe and resistant to Brute Force attacks. Botnets would require significant efforts and resources to violate these defense and introduce a successful attack.

Conclusion

Although there have been reports of the involvement of botnets in cryptomena mining, these claims are largely speculative. Most of the traditional cryptocurrency extraction is carried out on a high -performance GPU, which is impractical for botnets to be involved in this activity.

In the future, scientists may develop new malicious software or robots that can use vulnerable places in the cryptocurrency network and extensive systems such as Ethereum intelligent contracts. However, these threats will require significant progress in safety and cryptography to alleviate effective.

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