Bitcoin, Crypto currency, Blockchain

A minimum of 5 percent of all Monero of Malware Mining mined

f947bbcfb49606b9334c589ee8598fab - A minimum of 5 percent of all Monero of Malware Mining mined

Monero (XMR) is the most popular crypto-currency, when it comes to the use of Malware to mine. The company Palo Alto Networks noted in a Report that at least 5 percent of all XMR were dug out of the ground by Malware Mining. This corresponds to a value of approximately 90 million euros.

In a Report on the growth of the crypto-Mining the Research Center of the Palo Alto Networks noted that Monero is by far the most popular crypto currency for the use of Malware Mining. A good 80 percent of all Malware to mine Monero. BTC-ECHO reported in the past by many different Malware attacks, the ultimate computing power of the victim to the mines of Monero use.

How the researchers came to the information

Monero is a private crypto-currency. All transactions are by default anonymous. In addition, the Monero Mining algorithm “ASIC-resistant”, which means you can mines XMR with only a CPU or GPU. These circumstances ensure that it is economical and safe to use Malware to the mines. You infected the computers of ignorant people with Software that calculates in the Background the Proof-of-Work. Since Monero is private, no information about the Blockchain analysis to win.

Instead, use the Palo Alto Network your own WildFire Malware Analysis, the number of crypto-Miner-malware to detect. Of the almost 500,000 samples from all three dimensions would read:

  1. the affected crypto-currency
  2. the Wallet and E-Mail address, associated with a Mining Pool was
  3. the Mining Pool

It turned out that Monero with 84 percent, the most geminte crypto currency. We identified more than 2,300 XMR-Wallet-addresses. In the next step, respondents to the Mining Pools, even after the Payouts to the respective addresses. During the Monero block Chain, so no information about cash flows can Mining Pools to enter the data of your users price. It turned out that almost 800,000 XMR was sent to these addresses.

Unequal distribution in the Miner Payouts

While more than 2,000 addresses were identified, it was realized after closer analysis, that only about half an amount of about from 0.01 XMR (about 1 Euro). Only 244 of the Wallet addresses received a Payout of over 100 XMR (about 10,000 euros) and just 16 addresses collected over 10,000 XMR (about 1 Million Euro). The large discrepancy can be explained Palo Alto Networks due to malfunction of the Malware.

The Hashrate of the Malware is located at 19 MH/s, which is approximately 2 percent of the current global Monero Hashrate.

Inaccurate Numbers

You could only analyze Malware Mining from known Pools. Browser-Mining and independent of Bot-nets to stay in front of this analysis is hidden. The Figures quoted are the lower limit of the Malware activity in the Monero network. Due to the lack of transparency in the Blockchain it is difficult to draw far-reaching conclusions about the network activities. Currently, approximately 8 percent of the Monero Hashrate come from an unknown source.

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