Crypto-Hotwire
- 17 May 2021
- journal article
- research article
- Published by Association for Computing Machinery (ACM) in ACM SIGMETRICS Performance Evaluation Review
- Vol. 48 (4), 4-7
- https://doi.org/10.1145/3466826.3466830
Abstract
Blockchains and cryptocurrencies disrupted the conversion of energy into a medium of exchange. Numerous applications for blockchains and cryptocurrencies are now envisioned for purposes ranging from inventory control to banking applications. Naturally, in order to mine in an economically viable way, regions where energy is plentiful and cheap, e.g., close to hydroelectric plants, are sought. The possibility of converting energy into cash, however, also opens up opportunities for a new kind of cyber attack aimed at illegally mining cryptocurrencies by stealing energy. In this work, we indicate, using data from January and February of 2018 from our university, that such a threat is real, and present a projection of the gains derived from these attacks.Keywords
This publication has 4 references indexed in Scilit:
- Detection of Encrypted Cryptomining Malware Connections With Machine and Deep LearningIEEE Access, 2020
- Outguard: Detecting In-Browser Covert Cryptocurrency Mining in the WildPublished by Association for Computing Machinery (ACM) ,2019
- Digging into Browser-based Crypto MiningPublished by Association for Computing Machinery (ACM) ,2018
- How You Get Shot in the BackPublished by Association for Computing Machinery (ACM) ,2018