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News From the Field

Using stolen computer processing cycles to mine Bitcoin


February 26, 2014

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A team of computer scientists at the University of California, San Diego, has taken an unprecedented, in-depth look at how malware operators use the computers they infect to mine Bitcoin, a virtual currency whose value is highly volatile. Researchers examined more than 2,000 pieces of malware used by Bitcoin mining operations in 2012 and 2013. They were able to estimate how much money operators made off their operations and which countries were most affected.Full Story

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University of California, San Diego

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