×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
27
Sep 2026
weather symbol
Athens 20°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> technology

Hijacking computers to mine cryptocurrency is all the rage

Hackers are using old tricks and new cryptocurrencies to turn stolen computing power into digital coins

Newsroom October 6 08:17

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Have you visited Showtime’s website recently? If so, you may be a cryptocurrency miner. An observant Twitter user was the first to sound an alarm last month that the source code for the Showtime Anytime website contained a tool that was secretly hijacking visitors’ computers to mine Monero, a Bitcoin–like digital currency focused on anonymity.

It’s still not clear how the tool got there, and Showtime quickly removed it after it was pointed out. But if it was the work of hackers, the episode is actually part of a larger trend: security experts have seen a spike in cyberattacks this year that are aimed at stealing computer power for mining operations. Mining is a computationally intensive process that computers comprising a cryptocurrency network complete to verify the transaction record, called the blockchain, and receive digital coins in return (see “What Bitcoin Is, and Why It Matters”).

Lately the same mining tool that appeared on Showtime’s website has been showing up all over the Internet. Released just last month by a company called Coinhive, the tool is supposed to give website owners a way to make money without displaying ads. But malware authors seem to be among its most voracious early adopters. In the past few weeks, researchers have discovered the software hiding in Chrome extensions, hacked WordPress sites, and even in the arsenal of a notorious “malvertising” hacker group.

Coinhive’s miner isn’t the only one out there, and hackers are using a variety of approaches to hijack computers. Kaspersky Lab recently reported finding cryptocurrency mining tools on 1.65 million of its clients’ computers so far this year—well above last year’s pace.

The researchers also recently detected several large botnets set up to profit from cryptocurrency mining, making a “conservative” estimate that such operations could generate up to $30,000 a month. Beyond that, they’ve seen “growing numbers” of attempts to install mining tools on servers owned by organizations. According to IBM’s X-Force security team, cryptocurrency mining attacks aimed at enterprise networks jumped sixfold between January and August.

The researchers say that hackers are especially attracted to relatively new alternatives to Bitcoin, particularly Monero and zCash. That’s probably in part because these currencies have cryptographic features that make transactions untraceable by law enforcement (see “Criminals Thought Bitcoin Was the Perfect Hiding Place, but They Thought Wrong”). It’s also because hackers can generate more profits mining these newer currencies than they can with Bitcoin. Bitcoin-mining malware was extremely popular two or three years ago, but the currency’s popularity has, by design, made it more difficult to mine, warding off this kind of attack. Hackers are now embracing newer, easier-to-mine currencies.

Malware containing cryptocurrency mining tools can be relatively straightforward to detect using antivirus software, says Justin Fier, cyber intelligence lead for the security firm Darktrace. But illegal mining operations set up by insiders, which can be much more difficult to detect, are also on the rise, he says—often carried out by employees with high-level network privileges and the technical skills needed to turn their company’s computing infrastructure into a currency mint.

>Related articles

Artificial Intelligence: The real scenario for the end of Humanity

Greek-made drones at the Defence Ministry’s three factories: From 15,000 units in 2026 to 1 million annually (photos)

Daskalakis on Artificial Intelligence: ‘The risk of unpredictable behaviour is already real’

In one instance, Fier’s team, which relies on machine learning to detect anomalous activity inside networks, noticed an employee at a major telecom company using a company computer in an unauthorized way to communicate with his home machine. Further investigation revealed that he had planned to turn his company’s server room into a mining pool.

So long as there is a potential payday involved, such inside jobs are likely to remain high on the list of cybersecurity challenges that companies face. As for keeping hacked websites from hijacking your personal computer? In an ironic twist, some ad blockers are now banning Coinhive.

Source: technologyreview.com

Ask me anything

Explore related questions

#Bitcoin#computers#hackers#hacking#hacking attacks#hijacking#research#science#technology
> More technology

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Netanyahu denies report of Egyptian warning before Hamas attack

September 27, 2026

Mitsotakis: Our priority is the cost of living amid a period of international uncertainty

September 27, 2026

Ten years since the failed coup attempt in Turkey: The unknown story of the eight Turkish officers who arrived in Greece

September 27, 2026

Artificial Intelligence: The real scenario for the end of Humanity

September 27, 2026

Plaka Explosion: What authorities are examining about the gas leak – Second-floor apartment under the microscope

September 27, 2026

He underestimated Sinwar, feared “losing” Saudi Arabia: Why Netanyahu ignored warnings about 7 October

September 27, 2026

Cliff Burton: 40 years since the tragic loss of one of rock’s most beloved musician – Metallica’s wound that never healed (video-photos)

September 27, 2026

Anna Vissi: Rapturous reception at packed OAKA as tens of thousands of spectators attend

September 26, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα