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Author: Admin | 2025-04-28
What Is Botnet Mining? Botnet mining is the use of malignant software to hijack a device to mine cryptocurrency. Hackers deploy a malware program that carries out the cryptocurrency mining work and sends it to the bot-herder, who is the remote attacker. The word "botnet" is a portmanteau of the words "robot" and "network." Botnets that target cryptocurrencies are called botnet miners. These systems allow their creators to mine cryptocurrency at the expense of unsuspecting device owners who have no idea their machines are being used.Key TakewaysA botnet is a piece of malware that infects computers to carry out commands under the remote control of the attacker, known as the bot-herder.Cryptocurrency botnets make money for their creators by discreetly infecting various devices worldwide and forcing them to mine cryptocurrencies.Cryptocurrency botnets use multiple wallets linked to many mining pools to store illicitly earned cryptocurrencies.Crypto-mining bots can generate millions of dollars per year. Understanding Botnet Mining A botnet system is similar to standard computer malware. Computer malware is like any other computer program, but it is designed to use computers for nefarious activities—such as corrupting systems, destroying or stealing data, or using them for illegal activities. These illicit pursuits, of course, can have a detrimental effect on the device, data, network, and users. Botnets are automated programs developed as lines of code by their creators and made to sneak onto a user’s device. Botnets use the machine’s processing power, electricity, and internet bandwidth to perform specific functions. Common botnet actions include:Distributed Denial of Service (DDoS) attacksTargeting intrusionsFinancial breachesEmail spam Botnet mining is used to steal cryptocurrencies. This type of botnet is usually released on a private network of interconnected computers. It then uses the cumulative power of the devices, resulting in more computational power. This can boost mining output and the corresponding rewards for the botnet creators. Unless caught by anti-virus or anti-malware programs installed on the device, the malware runs without the owner’s knowledge. It is generally capable of replicating itself to other connected devices on the network. Known Botnet Attacks In January 2018, Alphabet Inc’s Google (GOOGL) DoubleClick ad services
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