Bitcoin botnet mines over Twitter

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But renting bots is more profitable.

An innovative botnet was using Twitter to control "mining" operations for the Bitcoin virtual currency.

Bitcoin botnet mines over Twitter
A botnet is ravaging over Twitter.

"Botnet masters use other people's computers to mine Bitcoins for them," said chief research officer for F-Secure, Mikko Hypponen, in a blog post.

He said incentives were offered to create botnets because Bitcoin could be mined by solving difficult cryptographic proof-of-work calculations and then exchanged for cash.

It was identified as Trojan . Generic . KD.

SEKURITY TWEMINER

But Symantec researcher Peter Coogan said in June it could be put to more profitable use:
"Bitcoin botnet mining as an attractive and profitable venture for cybercriminals is very questionable," he said.

He compared the income for using such a botnet to rent on the underground market.

It said the "usual offer" for the hire of a good botnet was about $400 a week for a few hours a day.

 

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