Malicious Monero Miners Made Off with 5% of Coins in Circulation, Over $175 Million

‘Fair’ mining and privacy altcoin, Monero (XMR), shed $175 million as a result of malicious miners hijacking what amounts to an eye-popping 5% of XMR in circulation. The findings come by way of a cyber security researcher in Northern California, investigating a noticeable trend uptick in mining thievery generally.

  5% of Circulating Monero Snatched by Malicious Mining

For the preparation of the company's newsletter, Unit 42, on the blog of Josh Grunzweg in Palo Alto Network researcher, The Reeves of the Cryptkurugation Miners. His efforts to register growing trends in the past year, malicious mining. Mr. Groenzweig's frequent investigation gave him a great deal of detail. He came with two important results: 1, the polluted mining actually increased, and directly related to the Spike's monstrous price of 2017; 2, Satoshi Puls is the 14th most valuable currency by market capitalization, Menrooy, $ 175 million from contaminated mining activity, has lost 5% of its current execution.