08 Apr '13, 7pm

Bitcoin Mining Scheme Discovered

Bitcoins are a hot commodity for traders, speculators and economists--and now they're fertile territory for virtual mining. A new form of malware discovered by Kaspersky Labs last week turns computers into bitcoin generator machines . Bitcoins , for those unaware, are a virtual form of currency that can be exchanged for real-life goods and services. Bitcoins are “mined” through raw computing power by special software; the new malware Kaspersky discovered creates Bitcoins by quietly drafting strangers' computers into creating bitcoins for a rogue programmer. According to Quartz's Adam Pasick, the malware spreads through Skype . “Users click on an link that installs software on their machine, and they become unwitting slaves in the bitcoin mines,” Pasick says. [Image: Flickr user Gruntzooki ]

Full article: http://www.fastcompany.com/3008017/code-war/bitcoin-minin...

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8 April 2013 Last updated at 10:51 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Skyp...

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bbc.co.uk 08 Apr '13, 11am

8 April 2013 Last updated at 10:51 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Skyp...

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