Mining Bitcoin on IoT Devices

In a recent report by CNBC, it was highlighted that 15,000 internet-connected devices could be hacked to mine approximately $1000 within 4 days.       The demonstration was run by Avast, which is based in the Czech Republic, at the Mobile World Congress in Barcelona last week. They had a number of devices running on a network powering a cryptocurrency mining software in a demonstration of how IoT, Internet of Things devices, can be hijacked by hackers and turned into mining cryptocurrencies.     According to CNBC, “Both crypto-mining…

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