Does the spread of Cryptojacking make investment in coins more dangerous?


With increasing cryptojacking, new types of mining malware are becoming more sophisticated.

Today Cointelegraph is reporting that Trend Micro has discovered a new type of cryptojacking process that targets Linux workstations. This malware package works on a rootkit and self-updates – a lethal combination.

The analysts' explanations of this nameless strain talk about how the software "offers privileges" after obtaining administrative status.

The big question for many investors is what the cryptojacking will do to the markets.

To understand it, it is worthwhile understanding how pervasive cryptojacking has become. An article from MIT last year talks about how the encryption is "very fashionable" and reports that include this talk about the use of a popular Showtime website that allows hackers to encrypt the darknet encryption Monero.

Others talk about how hacker groups steal information from the NSA and how widespread online cryptography is.

These days we do not talk a lot about the Internet, but part of the silent concern from investors is that "cryptojacking" will trigger new regulatory activities.

With so many people ringing the alarm bells on the pervasive jack-mining malware, it may just be a matter of time before regulatory authorities such as the SEC respond with more punitive measures against cryptocurrencies as a whole.

This could push back some of the rhythm of digital currencies, an impulse that investors want to see when they buy and hold Bitcoins or any other currency, for that matter.

So even if the encryption to the detriment of the miners, it could not benefit the community as a whole. People make a big deal about how they use only a little bit of energy, and how that supports the widespread apathy of the process:

"The jackets collect so many pockets at once that the cost per victim is minimal: a fraction of a penny in electricity and only a slight decrease in computer performance (if done well)," wrote Jonathon Keats in WIRED in February. "It could also be a new model for micropayments, allowing us to opt for the exchange of processor time for content or services – and the best part – we do not have to lift a finger … unfortunately, this is also what makes cryptojacking so difficult. : it's about our apathy, and we have plenty of it. "

Regardless of the apathy that may have shielded cryptojacking from more attention to date, it is having a pretty big impact in the media these days, and that's where it could be dangerous for investors.

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