06 Apr '13, 3pm

Skype malware turns your computer into a Bitcoin mining zombie

Skype malware turns your computer into a Bitcoin mining zombie

A new piece of malware is floating around, but that seems like par for the course these days. What makes this malicious bit of code notable is the goal its creators have in mind. The malware is being spread via Skype messages and is designed to turn your PC into a remote Bitcoin mining rig without your knowledge or consent. Bitcoin is a decentralized all-digital currency that has become quite trendy as of late. The value of one Bitcoin has recently skyrocketed to nearly $100 , and then well over that point and back again. In the past, users could “mine” bitcoins by contributing CPU cycles to process Bitcoin transactions. As the number of Bitcoin users increased, it has — by design — started to take more effort to earn a single coin. This is because Bitcoin production is governed by an algorithm which ensures the supply is limited. Effectively mining Bitcoins takes a lot of...

Full article: http://www.geek.com/apps/skype-malware-into-bitcoin-minin...

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