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Yahoo Virus Converts Millions Of Computers Into Bitcoin Mining Slaves

Tyler Durden's picture




 

A few days ago it was revealed that numerous European users of Yahoo, as many as two million, had gotten infected with malware from virus-laden ads served by Yahoo's homepage during the period from December 31 to January 3. The company admitted as much when it revealed that "From December 31 to January 3 on our European sites, we served some advertisements that did not meet our editorial guidelines – specifically, they spread malware." Users in North America, Asia Pacific and Latin America weren't affected, Yahoo said. Nor were users of Apple Macs or mobile devices. "We will continue to monitor and block any advertisements being used for this activity," the company added. "We will post more information for our users shortly." What was not clear is just what function the ad virus served. According to the Guardian, the purpose of the most prevalent virus spread by the website was to convert the infected computers into Bitcoin mining slaves.

According to the Guardian, "some of the malware would turn PCs into bitcoin miners - a huge drain on its computing resources - without users' knowledge. Yahoo has been criticised for not saying how many people could be affected or doing anything to help those with the malware, which attacked flaws in Java modules on systems."

As a reminder, in "A trip through the Bitcoin mines" we showed just how extensive the capital requirements can be for any legitimate Bitcoin mining operation, where the distributed calculations used to extract new Bitcoins have now risen to a stunning 10 quadrillion per second.

So what is an enterprising hacker in need of some quick cash, but unwilling to spend the CapEx for procuring the expensive equipment (especially when buybacks and dividends are so much more attractive, just kidding) to do? Why force others to do the mining for them. This is precisely what the creator of the Yahoo-hosted virus did.

According to Light Cyber, a security research firm which warned Yahoo of the attacks in late December, one of the malware programs delivered in the attack turned the victim's computer into a bitcoin miner. The computer is set to work performing the calculations required to make the bitcoin network run, but the rewards for doing so accrue to the malware writer.

 

Fox IT, the Dutch cybersecurity firm which first disclosed the vulnerability to the public, estimated that there were around 27,000 infections every hour the malware was live on the site. If the malware was being served consistently for the three days, it may be the case that almost 2 million computers were infected.

 

Bitcoin is so valuable to botnet owners, criminals who control large numbers of compromised computers, that one academic paper argues that the security of the network is permanently at risk. Philipp Güring and Ian Grigg argue that the currency violates Gresham's Law (pdf), an economic theorem that states that bad money drives out good. Since bitcoin mining is far more profitable done on stolen computers with stolen energy, they argue, it will soon be uneconomical to do it any other way.

 

"The attack focused on outdated software," says Steve Regan of security site CSO. "The only way for the exploits to work is to have outdated versions of Java on your system. If Java is up to date, then the odds are, you're safe. However, I don't trust Java, so unless you absolutely need it, my advice is to uninstall it from your system. It seems like I see more zero-day attacks aimed at Java than anything else, the risk isn't worth it for me." Zero-day attacks exploit previously unreported flaws in software to install malware or take over a computer.

Mining for Bitcoin was not the only infection.

As well as the bitcoin mining malware, other software installed includes ZeuS, which attempts to steal banking information; Andromeda, which turns the computer into part of a "botnet" for use by third parties, and "adjacking" malware which hijacks the user's browser to click on adverts, thus channeling income to corrupt site owners... Software such as ZeuS lets criminals install Cryptolocker, a dangerous new type of malware which first encrypts the user's files and then demands a ransom, payable in bitcoin, to decrypt them. In most versions of Cryptolocker, the ransom is set at two bitcoins, currently worth around $2,000.

One can only hope that Yahoo, which hosted the ads willingly and apparently without filtering and pre-clearing the ad content, wasn't in on the scheme. To be sure, it has been slammed for keeping users in the dark.

Yahoo has been criticised for not doing more to aid users infected by the faulty adverts. Dan Farber of technology site CNET says that: "At this point, Yahoo hasn't addressed any of the details, such as how the malware exploit got into its Web pages, how many users are impacted, and what victims of the attack should do. The company may still be gathering data."

All in all, a rather ingenious wealth extraction scheme: either have others mine for Bitcoin, or demand a ransom if they want their computer back. We wonder how long until these activities are added to the definition of GDP in the New Normal economy?

The best news, however, is that there are still at least two millions people who use Yahoo.

 

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Wed, 01/08/2014 - 12:49 | 4311812 ebworthen
ebworthen's picture

Where's Fonestar to tell us this is bullish for Bitcoin?

Wed, 01/08/2014 - 12:54 | 4311825 Temporalist
Temporalist's picture

Ebworthen that isn't fair.  When there are tungsten bars floating around it doesn't mean all gold is bad or all gold "bugs" are thieves and the same should apply to BTC.  Whether you like it or not there cannot be a double standard.

Wed, 01/08/2014 - 12:59 | 4311864 Grande Tetons
Grande Tetons's picture

Fonestar should be laughing his ass off all the way to the bank...if he is smart...he will be taking profits here. 

 

Wed, 01/08/2014 - 13:00 | 4311876 Pladizow
Pladizow's picture

What color were these computers?

Wed, 01/08/2014 - 13:04 | 4311895 Skateboarder
Skateboarder's picture

PCB Green. You can call me raycizz. but I'm just tellin' the truth, brotha.

Wed, 01/08/2014 - 13:10 | 4311927 fonestar
fonestar's picture

Anyone using Yahoo deserves to be Bot'd.  I hope the guy running that net made shitloads off those dupes.

Wed, 01/08/2014 - 13:36 | 4312016 nope-1004
nope-1004's picture

Honorable currency you're pushing there dude.....

 

Wed, 01/08/2014 - 13:41 | 4312035 fonestar
fonestar's picture

How is a currency honourable or dishonourable?  Beyond stupid, your anti-Bitcoin rants are pathetic.

I don't care how anyone makes their Bitcoin as long as they make it.  These people were already voluntary windoze slaves so I have no objection to someone turning them into Satoshi's slaves.

Wed, 01/08/2014 - 13:55 | 4312085 SISSYFUSS
SISSYFUSS's picture

"I don't care how anyone makes their Bitcoin as long as they make it."

You'd fit right in at 'Wall Street Inc'

May the cog-dis be with you :-)

Wed, 01/08/2014 - 14:02 | 4312094 nope-1004
nope-1004's picture

I'm pro Bitcoin, if it were truly free.  But seems to me a log of every transaction and cyber wallet is not the most intelligent way to stay away from gov't peeps, especially in light of Snowden's disclosure on the level of NSA intrusion.

And I don't buy this notion that a failing electricity grid will kill Bitcoin either.  I just logically look at what the government and banks dislike, which is cash and PM's, and go from there.  If the govvy is open to incorporating Bitcoin and the same corrupt, fascist govvy is my enemy, then simple reasoning follows.

No?

Wed, 01/08/2014 - 14:37 | 4312260 Musashi Miyamoto
Musashi Miyamoto's picture

check out anoncoin

Wed, 01/08/2014 - 14:44 | 4312291 Bearhug Bernanke
Bearhug Bernanke's picture

I heard dogecoin is taking off too. Such profit.

Wed, 01/08/2014 - 15:04 | 4312389 Grosvenor Pkwy
Grosvenor Pkwy's picture

dogechain fork

much loss

so sad

 

Wed, 01/08/2014 - 17:10 | 4312792 Stackers
Stackers's picture

 

Since bitcoin mining is far more profitable done on stolen computers with stolen energy, they argue, it will soon be uneconomical to do it any other way.

 

At current difficulty levels, it would take 2 million desktop computers running normal graphics cards MONTHS to generate one single bitcoin.

 

The purpose built ASCI miners have made the difficulty go exponential and can not be matched by desktop GPU's anymore. Even millions of them mining into a single account would not generate any kind of real returns. A single desktop graphics card at today's difficulty would literally take 6 months to mine 0.01 bitcoin

Wed, 01/08/2014 - 19:37 | 4313378 digi
digi's picture

http://blog.cryptographyengineering.com/2013/04/zerocoin-making-bitcoin-anonymous.html 

Bitcoin will adopt that anonymous feature or another coin will and we will be talking about it in a few years and not bitcoin.

Wed, 01/08/2014 - 14:02 | 4312105 wee-weed up
wee-weed up's picture

 

 

Bitcoin... the new VD.

Are you infected?

Wed, 01/08/2014 - 14:14 | 4312155 Handful of Dust
Handful of Dust's picture

Yahoo becomes malware's bitch.

Wed, 01/08/2014 - 14:19 | 4312169 fonestar
fonestar's picture

All's fair in love and HaX0r3.

Wed, 01/08/2014 - 16:56 | 4312793 silvermail
silvermail's picture

"...turning them into Satoshi's slaves"?!

More precisely in slaves of Fed, which is hidden under the guise of an unknown Satoshi.
After all, that's what you meant, is not it? LOL

Wed, 01/08/2014 - 13:42 | 4312037 Woodhippie
Woodhippie's picture

A crazy thing happened to me the other day ... had someone show up trying to sell me something and right in the middle of the pitch he wanted me to go mine some gold for him.

 

I told him to fuck off.

Wed, 01/08/2014 - 14:43 | 4312285 max2205
max2205's picture

My PC just said I now have 1,000 bitcoin....how do I sell them?

Wed, 01/08/2014 - 15:57 | 4312608 Woodhippie
Woodhippie's picture

Look for a crytoperson that will accept them?

Wed, 01/08/2014 - 21:35 | 4313812 BitStorm
BitStorm's picture

I'll give ya three-fiddy

Wed, 01/08/2014 - 13:55 | 4312087 Stoploss
Stoploss's picture

Your currency is about to be declared a cyber terrrrisst....

Wed, 01/08/2014 - 14:06 | 4312127 fonestar
fonestar's picture

I guess you think Bitcoiners are concerned about their declarations?

Wed, 01/08/2014 - 14:46 | 4312300 sessinpo
sessinpo's picture

fonestar   "Anyone using Yahoo deserves to be Bot'd.  I hope the guy running that net made shitloads off those dupes.

Comment

Very emotional response. And what if it happened on a site you used. What if it happened at ZH. Would you then be one of those dupes? And would you be a dupe for buying into bitcoin or because you got infected?

Wed, 01/08/2014 - 14:50 | 4312320 fonestar
fonestar's picture

I wouldn't get infected.  I don't run windoze and I am too smart.

Wed, 01/08/2014 - 17:00 | 4312829 silvermail
silvermail's picture

If you actually had a "very smart", then you would understand that Bitcoin - it is product of the Federal Reserve.

Wed, 01/08/2014 - 17:07 | 4312835 silvermail
silvermail's picture

Bitcoin – a product of the Federal Reserve.
Only the blind can not see it.

Dollar discredited itself in the eyes of the public. The Fed also discredited itself in the eyes of the public.
Of course for Fed was needed make a legend about some Satoshi, buyout supposedly created Bitcoin, and then he is evaporated.

Thus, the Fed shows for fools (which the majority) that Bitcoin - a system that "does not belong to anyone," and "no one is controlled".

But this is absurd. In the world there are no financial assets and payment systems that have no legal owner,
with a specific name, surname and ID number.

All that is in front of the prefix "The global World or International" - it is the property of the United States. Or controlled by the United States.
Everything else - the local and minor.

Federal Reserve no longer need gold. Now they have a Bitcoin. As soon ends era the first fiat money - the U.S. dollar, immediately begin the era of other fiat money under the control of the Fed - it will Bitcoin.

Bitcoin system has a limit of coins. But Bitcoin system has no limit fragmentation of these coins.
Crushing coins Bitcoin to infinity - it's the same exact Monetary Emission, like printing FRN.

http://bitcoinmagazine.com/8531/u-s-air-force-building-bitcoin-payment-g...

One of the main objectives of Bitcoin - it distract investors from investing in gold and silver.
Bitcoin today is the main enemy of the PMs and the main instrument of the Fed for to suppress the price of PMs.

Wed, 01/08/2014 - 14:40 | 4312275 unrulian
unrulian's picture

if you like your processor, you can keep it

Wed, 01/08/2014 - 14:05 | 4311900 SafelyGraze
SafelyGraze's picture

I can practically hear them laughing

https://www.youtube.com/watch?v=mcSujceZDmg

spoiler:  the ceo laugh lasts

Wed, 01/08/2014 - 14:17 | 4312166 nope-1004
nope-1004's picture

hilarious

Wed, 01/08/2014 - 13:03 | 4311884 zaphod
zaphod's picture

Your average dedicated CPU miner does 2Mh/s. If a hacker gets control of 2 million computers that equals 4Th/s at best. 

This is no better than a single ASIC miner or two today. Basically standard computers are useless for bitcoin mining, the currency has moved beyond that.

The network is fully secure and fine, thanks for the FUD though.

 

Wed, 01/08/2014 - 13:11 | 4311936 fonestar
fonestar's picture

Windoze abusers + Yahoo == my pants are down around my ankles, rape me please!!

Wed, 01/08/2014 - 16:11 | 4312650 Papasmurf
Papasmurf's picture

Windoze abusers + Yahoo == my pants are down around my ankles, rape me please!!

"Sent from your iPhone"

Wed, 01/08/2014 - 17:18 | 4312887 silvermail
silvermail's picture

The Fed and Wall Street, rape you every day with the help of deceptions, manipulations and now with Bitcoin.

Is this not enough for you?

Wed, 01/08/2014 - 13:17 | 4311954 DoChenRollingBearing
DoChenRollingBearing's picture

zaphod, thank you again for your kind assitance a week or two ago re BTC encryption, etc.

That may be part of my "Part Seven", which might finish off my BTC articles.

Wed, 01/08/2014 - 14:01 | 4312112 Kirk2NCC1701
Kirk2NCC1701's picture

Beeblebrox for President!

;-)

Wed, 01/08/2014 - 14:31 | 4312216 margaris
margaris's picture

Exactly.

I'd suspect that the malware was trying to steal the user's wallet.dat and not do any mining, because mining with a cpu is completely idiotic at this point in time.

Even mining with an ASIC is considered a waste of time and money by many, because you could rather just buy the Bitcoins directly instead of investing the money in miners and hoping you can return the investement, in the end it's the same result.

Wed, 01/08/2014 - 17:23 | 4312904 silvermail
silvermail's picture

I think this is just another viral advertising Bitcoin.

Wed, 01/08/2014 - 13:31 | 4311999 fonestar
fonestar's picture

Why would I "take profits" (sell Bitcoin) dumbass?  How does this effect Bitcoin or Bitcoin's value at all?  Oh right, it doesn't....

Wed, 01/08/2014 - 13:40 | 4312020 Grande Tetons
Grande Tetons's picture

Well, the reason is simple.....book profits on a winning trade and keep some of your original investment on the table.  

Taking profits has nothing to with value and everyhting to do with generating wealth.  

How many Canadian bagholders got fucked by not taking profits on Nortel? Bitcoin may be future...who knows...but there is nothing wrong with taking some chips off the table. 

Wed, 01/08/2014 - 14:05 | 4312121 jcaz
jcaz's picture

Don't bother, dude- you're already way over Fonestar's head....

Plus- you can ever sell in a Ponzi......

Wed, 01/08/2014 - 14:17 | 4312163 fonestar
fonestar's picture

Another pathetic lemming, clueless about P2P.  Spent the last ten years living in a closet.

Wed, 01/08/2014 - 17:29 | 4312932 silvermail
silvermail's picture

Skype and torrent also based on P2P. But this does not make them orphaned, self-managed, decentralized, anonymous and safe.

Wed, 01/08/2014 - 14:50 | 4312323 sessinpo
sessinpo's picture

fonestar   "Why would I "take profits" (sell Bitcoin) dumbass?  How does this effect Bitcoin or Bitcoin's value at all?  Oh right, it doesn't...."

 

Comment

You don't take profits or losses to effect the the price of any market. You take profit or loss to effect your own account despite the market. Your emotional reponses to defend bitcoin makes one really see bitcoin is a bubble or a market not worth being in.

Wed, 01/08/2014 - 15:08 | 4312342 fonestar
fonestar's picture

Hahaha..... "a bubble" what a pathetic joke.  I guess cars are in a bubble, horse buggies are going to make a comeback any day now!

Wed, 01/08/2014 - 17:32 | 4312948 silvermail
silvermail's picture

And for this reason you are willing to pay money for a ticket to a virtual spaceship? LOL

Wed, 01/08/2014 - 18:46 | 4313224 silvermail
silvermail's picture

Each adult who believes in fairy godmother, wizards, Satoshi and bitcoin - should go to a psychiatrist to be checked.

Wed, 01/08/2014 - 12:58 | 4311828 hedgeless_horseman
hedgeless_horseman's picture

 

 

The best news, however, is that there are still at least two millions people who use Yahoo.

Trending Now on Yahoo

    1  Kylie Minogue
    2  Chloe Gosselin
    3  Baghdad brothel
    4  Rita Ora
    5  Old Spice mom ad
    6  Emmy Rossum
    7  Monica Spear
    8  The Wolf of Wall Street
    9  Frozen pipes
    10 Final AP poll

Never go full tabloid.

Wed, 01/08/2014 - 12:59 | 4311868 pods
pods's picture

At least there is ONE search on there that shows that some use the internet for something useful.

pods

Wed, 01/08/2014 - 13:01 | 4311873 hedgeless_horseman
hedgeless_horseman's picture

 

 

The current top "news story" on Yahoo...

Alyssa Milano: Jay Mohr's "Fat-Shaming" Insults "Hurt Me"

Alyssa Milano opens up about Jay Mohr's recent "fat-shaming" insults: "I wanted to remind him that I'm a human being and that this hurts"

Wed, 01/08/2014 - 13:03 | 4311891 Flakmeister
Flakmeister's picture

Pretty sad, isn't it?

Wed, 01/08/2014 - 15:17 | 4312461 vulcanraven
vulcanraven's picture

My guess is that the majority demographic who read this trash are women and gays.

"OH MY GOD ALYSSA MILANO HAD A BABY AND JAY MOHR POKED FUN AT HER POST PREGNANCY FIGURE, GET HIM!!!!!"

Wed, 01/08/2014 - 13:00 | 4311881 ebworthen
ebworthen's picture

That's it, gonna' splash on the Old Spice today.

Wed, 01/08/2014 - 13:06 | 4311904 Skateboarder
Skateboarder's picture

Happy aluminum!

Wed, 01/08/2014 - 13:19 | 4311961 ebworthen
ebworthen's picture

No no, the liquid cologne in the porcelain bottle with the star on the plug cap.

I avoid that aluminum laden underarm stuff like the plague, but thanks.

Speed Stick, by Mennen.

Wed, 01/08/2014 - 13:37 | 4312022 Skateboarder
Skateboarder's picture

Just doing my part in reminding everyone (hey, I don't know if you know to avoid the aluminum stuff like the plague (but now I do)). The aftershave - that's some decent smelling stuff.

Tom's of Maine is what I go with (Maine Woodspice is the best). I'll make my own when SHTF.

Wed, 01/08/2014 - 15:07 | 4312406 Ace Ventura
Ace Ventura's picture

Go with the plain deodorant to avoid the aluminum. It's the deodorant/anti-persperant combos that carry the substance. Naturally, its much harder to find just plain ol' deodorant nowadays.

P.S. Of course, deodorant has propylene glycol in it, if I'm recalling correctly. So even though I'm reducing aluminum exposure, I'm slathering on the anti-freeze! (@&^#%^!&^!&&#!!!!!!

Wed, 01/08/2014 - 13:01 | 4311883 MsCreant
MsCreant's picture

Someone hand that girl some toilet paper. 

Wed, 01/08/2014 - 13:11 | 4311930 hedgeless_horseman
hedgeless_horseman's picture

 

 

That is not a girl...that is a trend

You will be wearing that outfit before long, and the potty squat is a great stretch for the quads after a long run.

Wed, 01/08/2014 - 13:09 | 4311923 TPTB_r_TBTF
TPTB_r_TBTF's picture

bah!

she is sitting on both spurs!

 

Never saw a woman "swallow" both spurs like that before.

Wed, 01/08/2014 - 13:12 | 4311939 Blano
Blano's picture

Never heard of her, and after clicking, still don't care.

Wed, 01/08/2014 - 13:15 | 4311943 JLee2027
JLee2027's picture

Ever notice that 90% of what's trending on Yahoo are women or minorities?

Wed, 01/08/2014 - 12:53 | 4311833 BLOTTO
BLOTTO's picture

Can someone please tell me the correct element on the periodic table that bitcoin is backed by?

.

Thanks in advance...

 

Wed, 01/08/2014 - 12:56 | 4311846 pods
pods's picture

That's easy: Ho

Hopium!

Same element that is backing all of modern society.

pods

Wed, 01/08/2014 - 12:59 | 4311850 MsCreant
MsCreant's picture

Hopium and Changium.

Wed, 01/08/2014 - 13:39 | 4312026 nope-1004
nope-1004's picture

Delerium and parabolium.

 

Wed, 01/08/2014 - 18:19 | 4313149 Sokhmate
Sokhmate's picture

Absurdium and Superfluouim

Wed, 01/08/2014 - 13:03 | 4311867 One And Only
One And Only's picture

I'd love to. But first tell me which element on the periodic table the Internet is backed by. Neither has intrinsic value and by extension worthless. Correct? You can't hold a cell phone signal in your hand so i assume you don't use that either.

Wed, 01/08/2014 - 12:59 | 4311870 Flakmeister
Flakmeister's picture

That would be Silicon....

Similar to the case for Kruggerands which are alloyed with copper for durability, the Si is sometimes mixed with Germanium or Arsenic....

Wed, 01/08/2014 - 13:31 | 4311997 James-Morrison
James-Morrison's picture

I believe the Zero's mined by the FED come from the same element.

Wed, 01/08/2014 - 13:02 | 4311888 ebworthen
ebworthen's picture

Some would say 0, others would say 1.

I say since it requires electricity, computers, and the Interwebs it is bullish for Silver.

Wed, 01/08/2014 - 13:16 | 4311952 JLee2027
JLee2027's picture

ElectricWishium

Wed, 01/08/2014 - 13:56 | 4312080 Kirk2NCC1701
Kirk2NCC1701's picture

You make a classic "Red Herring" (false) argument, couched in a sarcastic question.  BTC is backed by the same thing that ANY and ALL elements on the Periodic Table are backed by: The HUMAN ECONOMY.  Without the Human Economy, the world supply of PM will do jack shit for you, if you're stuck on a desert island with only a few palm trees.

Regardless of how one feels personally about buying/trading BTC (pro, con or in between), the REAL question one has to ask, to avoid getting sucked into the many BS+FUD debates I see here, is which is preferable to a GENUINE libertarian/Libertarian: 

   (a) The fiat paper/currency of CBs (with their LEAs and DoD bully-enforcers behind them), or

   (b) A decentralized currency, created and owned by the Global Economy of freedom-minded people.

BTW...

   [1]  Official Economy  = Fiat + Debt + Derivatives + MISC   (where MISC = Military-Industrial & Surveillance Complex)

                                    = By, For and Of the Plutocracy, the feudal Oligarchs + We the Sheeple

   [2]  Parallel Economy = PM + Barter + BTC

                                    = We The People

Get clarity, choose a side, and please stop spreading 'manure' and FUD.

Wed, 01/08/2014 - 15:05 | 4312394 forwardho
forwardho's picture

Well put Captain.

As a live and let live kind of person one can...

A. Do your research, make your own conclusions, and enter the BTC market.

B. Do your research, make your own conclusions, and decide its not for you.

Why do people feel the need to knock down that which they have no intention of becoming involved in?

The phase "Get a life" seems appropriate.

Wed, 01/08/2014 - 17:38 | 4312979 silvermail
silvermail's picture

Name element on the periodic table that bitcoin is backed it is "Fed-scam-virturum".

Wed, 01/08/2014 - 19:46 | 4313411 digi
digi's picture

Silicon I suppose.

Wed, 01/08/2014 - 21:54 | 4313858 BitStorm
BitStorm's picture

The same element as Picasso paintings, the first edition of Alice in Wonderland, and rookie Mickey Mantel baseball cards.

That 1:1 ratio will be broken this year, see ya in the rear-view!

Wed, 01/08/2014 - 13:00 | 4311878 thunderkiss
thunderkiss's picture

Gotta admit that's a genius way to mine.  At least the malware wasn't used to steal a person's data (as far as we know)

Wed, 01/08/2014 - 13:13 | 4311941 fonestar
fonestar's picture

"Where's Fonestar to tell us this is bullish for Bitcoin?"

 

This is bullish for Bitcoin.  Any news for Bitcoin is good news.

Wed, 01/08/2014 - 13:44 | 4312046 ebworthen
ebworthen's picture

+1 for wading into the swamp with me.

I doubt you missed this one earlier but: 

http://www.zerohedge.com/news/2014-01-08/bitcoin-sexiest-non-solution-al...

I'm with you in spirit against the central banksters, best of luck.

Wed, 01/08/2014 - 17:43 | 4312996 silvermail
silvermail's picture

Including the news that the owners of the Bitcoin system opened their names and want to charge a fee for each transaction?

Wed, 01/08/2014 - 14:11 | 4312143 williambanzai7
williambanzai7's picture

Wed, 01/08/2014 - 12:49 | 4311817 DoChenRollingBearing
DoChenRollingBearing's picture

Well, at least that will prevent NSA from monopolizing BTC mining.  This may be a good thing.

Wed, 01/08/2014 - 12:50 | 4311819 _ConanTheLibert...
_ConanTheLibertarian_'s picture

I'm starting my own Bitcoin mine...

Wed, 01/08/2014 - 12:51 | 4311823 Frank N. Beans
Frank N. Beans's picture

Next up:  the NSA starts bitcoin mining

 

 

Wed, 01/08/2014 - 14:11 | 4312141 ThisIsBob
ThisIsBob's picture

Oh, they are doing it now.  Its a national security thing.  Keep the dough away from the terrists.

Wed, 01/08/2014 - 14:12 | 4312144 ghostzapper
ghostzapper's picture

I can't even believe I am saying this but that was a smart move by the Feds to grab that in the Silk Road pinching.  We all know there will be some type of meeting of the minds between the law and Bitcoin IF it survives and becomes what it can be.

Actually, we will see people like Google and Amazon mining for Bitcoin before too long.  They have a shitload of computers and that's how I describe it because I am a dumbass when it comes to techie stuff.  Corporations are run by humans, many of which share the same concerns most peeps at ZH have about the house of cards we have right now.  I expect Target to start accepting Bitcoin (or at least announce plans to) before the middle of this year.  

Wed, 01/08/2014 - 14:44 | 4312289 ghostzapper
ghostzapper's picture

I understand.  I should have clarified.  I expect them to do it directly at the point of sale.  The Target Red Card should tell you how they feel about the current payment options.  The recent hacking/fraud thing should tell you how they feel about current payment options.

Wed, 01/08/2014 - 12:51 | 4311824 Dick Buttkiss
Dick Buttkiss's picture

YaWho?

Wed, 01/08/2014 - 12:52 | 4311832 Freddie
Freddie's picture

Yahoo is so shitty.  It is run by an Obama bundler b*tch.  It is like a freaking malware site to be avoided.

Wed, 01/08/2014 - 13:00 | 4311872 Flakmeister
Flakmeister's picture

Feel the hate....

Wed, 01/08/2014 - 13:01 | 4311885 DoChenRollingBearing
DoChenRollingBearing's picture

You raise an interesting issue, Freddie.  WHICH tech (here: internet/browsers) cos. do NOT have liberal scum running them?  And what do we do?

I will not learn LINUX, I'm too old for that.

Wed, 01/08/2014 - 13:22 | 4311966 Skateboarder
Skateboarder's picture

Yo DCRB, don't resign yourself from the Linux world without even an attempt! The key ingredient to a linux system is the concept of a root user and a root password. Without root privileges, you cannot make changes to system files, i.e. no viruses, trojans, malware, etc. Ever.

There's plenty of distributions that are made by honest, conscientious efforts. Some for minimality, some for performance, some for elegance in the GUI, some to try new shit out.

Here's the king of all Linuxes, puppy. It runs from RAM. That's right. You don't even need a hard-disk to run. Barry Kauler (author) gave something to the world that not even one in a thousand will appreciate. Get yourself a 4GB USB drive and stick puppy on it. That's your computer!

http://puppylinux.org/main/Overview%20and%20Getting%20Started.htm

Or if you want to try a new look & feel as written in the Englightenment GUI toolkit, here's Bodhi Linux (bo-dhee).

http://bodhilinux.com/

There's always more than one of us here to give you pointers and stuff.

Wed, 01/08/2014 - 14:48 | 4312313 forwardho
forwardho's picture

Thanks boardrider, Your calm, confident advise reaches many minds!

Wed, 01/08/2014 - 13:29 | 4311990 Osmium
Osmium's picture

I thought the same thing, but to load Ubuntu and then get FireFox Running was not  that bad.

Wed, 01/08/2014 - 12:54 | 4311839 pods
pods's picture

Feeling really safe on the interwebs about now.  If it ain't the NSA, it is some skimmer or moneychanger trying to soak me for my last FRN.

Is Ted's cabin still for rent?  Lemme do a Yahoo search.....................

pods

Wed, 01/08/2014 - 12:56 | 4311843 Father Lucifer
Father Lucifer's picture

Always maintain a clean image file of your system. I got hit with a Cryptolocker recently and loading the backup image is the ONLY solution. I keep several image copies on various drives.

Wed, 01/08/2014 - 13:12 | 4311938 freedogger
freedogger's picture

Be careful though, cryptolocker goes after shared drives too. Consider the cryptolocker prevention tool.

Wed, 01/08/2014 - 13:17 | 4311955 seek
seek's picture

This can't be emphasized enough. A raw sector-by-sector backup image is the ultimate butt-saver.

The other thing I do if I'm forced to use Windows is to run it in a VM, and backup the VM files on a regular basis. I can intentionally infect my "PC" this way and revert to pre-infection in seconds. I've set a few of my professional friends up with this system and after one bad "event" they were sold for life on running inside VMs.

Wed, 01/08/2014 - 12:56 | 4311845 NIHILIST CIPHER
NIHILIST CIPHER's picture

TPTB just exploring new levels of slavery for the sheep, but one day............ 

Wed, 01/08/2014 - 13:05 | 4311848 Long-John-Silver
Long-John-Silver's picture

Nor were users of Apple Macs or mobile devices.

 

Why not just say that the only computers infected were using Microsoft Windows Operating Systems?

Wed, 01/08/2014 - 12:57 | 4311857 agent default
agent default's picture

Microsoft should be held liable for the crap they are peddling as an operating system.  It is not the security holes, it is the deliberate lack of user control and the whole shut the user out of the internals of the system mentality that enables this shit. 

Wed, 01/08/2014 - 13:04 | 4311898 Long-John-Silver
Long-John-Silver's picture

You don't need to be a Tech Genius to install and use a Linux Distribution. The cost is a very reasonable free and the entire process guides you through it. It's actually easier to install a Linux Distribution than any flavor of Windows.

Wed, 01/08/2014 - 13:20 | 4311949 agent default
agent default's picture

Yes, but good luck getting any of the applications you need for it. MS policies together with the plague known as the "average user" have created a monopoly which has forced everyone to develop for Windows.  Even software available for Unix is Windows only now.

Also if you intend to run Linix for the first time:  Stay away from the KDE/Gome crap.  They are just as intent on dumbing you down as MS and Apple are.

Wed, 01/08/2014 - 13:13 | 4311942 freedogger
freedogger's picture

The only way I run Windows7 now is in a VM or in "Steady State Mode". Steady state mode resets itself to a pure copy every time it reboots. Here's an article on it: http://blogs.technet.com/b/panosm/archive/2011/07/07/windows-7-steadysta...

 

Wed, 01/08/2014 - 14:11 | 4312142 ebworthen
ebworthen's picture

Windows 8 is an unbelievable heap of garbage; a marketing app, not an operating system.

Wed, 01/08/2014 - 12:59 | 4311858 Dr. Engali
Dr. Engali's picture

What's a Yahoo? Some West Viginia hillbilly?

Wed, 01/08/2014 - 13:00 | 4311880 Flakmeister
Flakmeister's picture

That would be yokel...

 

Wed, 01/08/2014 - 13:03 | 4311894 Dr. Engali
Dr. Engali's picture

Do they mine bitcoin?

Wed, 01/08/2014 - 13:13 | 4311944 Flakmeister
Flakmeister's picture

Yes, they are used to hook up oxen teams that pull the ore trucks...

Wed, 01/08/2014 - 13:00 | 4311879 flacorps
flacorps's picture

I had wondered how long it would take for the zombiemasters to task their botnets as bitcoin miners. The timing seems about right.

Wed, 01/08/2014 - 13:02 | 4311887 Yen Cross
Yen Cross's picture

   I use yahoo mail for all junk mail I don't want to read.

Wed, 01/08/2014 - 13:27 | 4311987 IridiumRebel
IridiumRebel's picture

Yahoo is wonderful for dispersing anonymous threats! Need a transport hub closed, send it from your dummy yahoo account!

Wed, 01/08/2014 - 14:09 | 4312132 ebworthen
ebworthen's picture

My Yahoo junk email account has over 8,000 emails.

They tell me I have room for 54 million more.  Marissa?  Marissa Mayer?

Wed, 01/08/2014 - 18:00 | 4313078 silvermail
silvermail's picture

8,000 emails?!

I wish the staff of the National Security Agency, which should read all of this shit!

Wed, 01/08/2014 - 13:07 | 4311902 Hongcha
Hongcha's picture

This is such an Absurdist nightmare, it is brilliant.

Yahoo! is a cesspool and the internet chronicle of Amerika's descent.  Do not participate in her sins and ye shall receive not of her plagues.

I am feeling fine this morning.  I am readying to add to my coin collection, enjoying some imported tea and contemplating dropping this 50 mg Gold Cap of pure hash oil and taking in a new film this evening.

Gentlemen, if you can and to your best ability, just turn away from this sort of news item, and maintain your sanity.  Dylan Thomas wrote an excellent poem on this theme during the London Blitz.

Maintain also because the streets ares not going to get any less dischordant in the coming years.

I see only worse & worse coming down the pike; and am cheerful nevertheless.  Much can be accomplished in the wake of a descending empire and many people much wiser than we have done well in much, much worse circumstances.

 

Wed, 01/08/2014 - 13:08 | 4311912 Temporalist
Temporalist's picture

"and am cheerful nevertheless" can't possibly be the hash oil can it?

Wed, 01/08/2014 - 13:20 | 4311967 DoChenRollingBearing
DoChenRollingBearing's picture

Very nicely put, Hongcha.

Wed, 01/08/2014 - 14:05 | 4312123 ebworthen
ebworthen's picture

mmm...hash oil...

Wed, 01/08/2014 - 13:09 | 4311920 RaceToTheBottom
RaceToTheBottom's picture

I guess the NSA must be having difficulty with its computer deliveries....

Wed, 01/08/2014 - 13:09 | 4311922 The Wisp
The Wisp's picture

Good thing Bitcoin Can't & Won't be hacked...    /s

Wed, 01/08/2014 - 13:10 | 4311926 freedogger
freedogger's picture

Like anyone browsing Yahoo! was doing anything useful. They might as well be verifying transactions (mining). 

Wed, 01/08/2014 - 13:12 | 4311932 Hongcha
Hongcha's picture

That sanity be kept I sit at open windows,
Regard the sky, make unobtrusive comment on the moon,
Sit at open windows in my shirt,
And let the traffic pass, the signals shine,
The engines run, the brass bands keep in tune,
For sanity must be preserved.

Thinking of death, I sit and watch the park
Where children play in all their innocence,
And matrons on the littered grass
Absorb the daily sun.

The sweet suburban music from a hundred lawns
Comes softly to my ears. The English mowers mow and mow.

I mark the couples waking arm in arm,
Observe their smiles,
Sweet invitations and inventions,
See them lend love illustration
By gesture and grimace.
I watch them curiously, detect beneath the laughs
What stands for grief, a vague bewilderment
At things not turning right.

I sit at open windows in my shirt,
Observe, like some Jehovah of the west
What passes by, that sanity be kept.

-- D. Thomas

Wed, 01/08/2014 - 14:03 | 4312120 Seize Mars
Seize Mars's picture

Good, good, good.
Thanks

Wed, 01/08/2014 - 13:24 | 4311974 MsCreant
MsCreant's picture
"Yahoo Virus Converts Millions Of Computers Into Bitcoin Mining Slaves"

Kind of like how the Fed has converted Billions of humans into Debt Mining Slaves?

Wed, 01/08/2014 - 13:26 | 4311982 q99x2
q99x2's picture

"Yahoo said. Nor were users of Apple Macs or mobile devices"

Yahoo did not mention my computer(s) which are Linux.

Wed, 01/08/2014 - 13:29 | 4311994 teslaberry
teslaberry's picture

asics mining ---on chips that are optimized for HASHING , a specific algorithm , are so powerful that commanding a zombie army of botnets of conventional computers, even millions of them is not all that worriesome. 

 

these dedicated asics chips of millions of times more efficient per watt of electricity than general computing devices. not only that, they are built with optimizing cooling fans and sometimes liquid cooling to run at extremely high throughput unlike a conventional computer. 

 

the botnet is not a threat to bitcoin. the threat is indeed the potential horizontal integration of commercial bitcoin mining opertaions acquiring one another and forming a 'super' cartel of a few of the biggest TBTF bitcoin mining outfits accounting for 1/3 or more of the entire mining network computing power. at 1/3 of network power a cartel could begin to manipuate the whole system, undoing it decentralized nature from within. that is the threat. 

Wed, 01/08/2014 - 17:17 | 4312883 nc551
nc551's picture

Makes me wonder what kind of machines the NSA has for breaking the standards everyone uses.  I know they prefer to circumvent the encryption alltogether but if you attract their attention I wonder how long it takes for them get into your stuff... especially with weak entropy (windows is awful from what i've seen).  One thing that always frightened me is that if you have perfect randomness... there is a 1% chance for example that your key falls within the first 1% of the keyspace...  effectively taking 1/100 of the max theoretical time to crack.  1/1000 being in the first 0.1% of the keyspace... etc.

Wed, 01/08/2014 - 18:03 | 4313091 silvermail
silvermail's picture

The biggest threat to Bitcoin, these are people who are able to think.

Wed, 01/08/2014 - 13:31 | 4311996 alangreedspank
alangreedspank's picture

Yeah that thing happened to me once I think, last year. Had that program from a not so secure place that I need desperately so installed it anyways. My PC started making all kinds, hundreds of connections to other servers and my CPU was always at 50%. Thankfully, I'm pretty savy in getting rid of these and never keep any password cached in my browsers or have no personal data on it either. I tought this was a good time to buy a more verbose software firewall as well :)

Wed, 01/08/2014 - 16:19 | 4312680 trader1
trader1's picture

your avatar,

classic!

Wed, 01/08/2014 - 13:32 | 4312000 Atlas Crapped
Atlas Crapped's picture

And Facebook is a blank page right now. You can't possibly think this would be limited to only one ad-serving network.

Wed, 01/08/2014 - 13:35 | 4312008 Seize Mars
Seize Mars's picture

Funny how hard some people work at avoiding working for a living.

Wed, 01/08/2014 - 13:41 | 4312036 Ponzi Fritter
Ponzi Fritter's picture

I Want more BITCOINS 

 

Deposit here...

 

1MCCbNrVE5xV87WwwZXdoGHX9zqquc82Ke

Wed, 01/08/2014 - 14:22 | 4312185 Mad Mohel
Mad Mohel's picture

Get a job you panhandling piece of shit. God damn cyber bums are everywhere these days.

Wed, 01/08/2014 - 15:29 | 4312513 hooligan2009
hooligan2009's picture

now how do we know that link doesn't install a bitocin miner? is it going to be true that the only people who are wealthy are those with bitcoins? or that all wealth should be measure in bitcoins?

Wed, 01/08/2014 - 13:56 | 4312081 madtechnician
madtechnician's picture

This story is FUD , you would need to literally infect hundreds of thousands of computers just to do what a few of these newer ASIC machines can do , this story must be around 2 years old when doing such a thing would have been profitable.

Wed, 01/08/2014 - 14:03 | 4312117 I Write Code
I Write Code's picture

If you read the article a general trojan was installed and the bitcoin miner was just one part of the payload.  When it's basically free and entertaining, why not?  If anything Yahoo is lying when they say the bitcoin was the most important effect, it was not, the trojan is.

Wed, 01/08/2014 - 15:24 | 4312495 madtechnician
madtechnician's picture

Agreed with your point , but still a load of fucking piontless FUD

Wed, 01/08/2014 - 14:04 | 4312107 I Write Code
I Write Code's picture

Yahoo, like most big sites today, sells some blank space, plus or minus filters by topic keywords, to some third party who puts whatever content they want into the space.  Maybe Yahoo asks to see the content first, but then the third party might just swap it without telling Yahoo, or claim that THEY were hacked and not responsible.

Happens fairly frequently, I'm sure Yahoo served up some nasty malware to me about four years ago (and finally convinced me to run antivirus and keep it up to date!), and some other major sites have accidentally served up some nasties, too.

Wed, 01/08/2014 - 14:42 | 4312130 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

Old news where were the bitcoin bashers back in November for this exact same thing. This is soooo 2013.

http://www.mobile-tech-today.com/story.xhtml?story_id=90535

E-Sports Entertainment, which bills itself as the "largest competitive video gaming community in North America," agreed to a $1 million settlement after being accused of infecting computers with malware to mine for Bitcoin. Bitcoin is a cybercurrency that is relatively anonymous. It's created and exchanged independent of governments or banks.

...

The company charges users $6.95 a month to play popular games including Counter Strike and Team Fortress 2 alone or against one another on what they said is a platform that does not allow cheating.

In order to play, users must download E-Sports software onto their computers. When downloaded, the software has administrative access to the computer . It was through that software that two company employees, a co-founder and a software engineer, installed code allowing them to mine for Bitcoins without the users' knowledge, authorities said.

...

So when gaming sites take advantage the users in infected are deviants but when Yahoo does it the users all of a sudden become respectable?

Are you kidding me. People create malware to take advantage all time bitcoin mining or what not else. Exploitation is exploitation. If it didn't have value people wouldn't be exploiting the mining game it now would they.

 

I guess today must be the sour to sweet news article portion to stir up the bitcoin bashers. Fair and balanced....

Wed, 01/08/2014 - 14:10 | 4312137 Sufiy
Sufiy's picture

 Now Alibaba bans Bitcoin

 Bundesbank weights in with its warning and Bitcoin slides today after moving closer to Double top $1240 mark again at $1093 on Mt. Gox on latest developments in China. It is trading today sharply down at $825 at BTCChina. More negative news will be coming out of China in the next few days in line with the ban for financial transactions involving Bitcoins.


http://sufiy.blogspot.co.uk/2014/01/gold-30-want-to-create-next-bitcoin....

Wed, 01/08/2014 - 14:14 | 4312154 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

The chinese are the biggest control freaks of them all. Anyone surprised it is not technology they are afraid of btw since they do embrace opensource it is they can't control the amount of coins.

Wed, 01/08/2014 - 14:15 | 4312159 Handful of Dust
Handful of Dust's picture

"If you don't hold it, they will steal it."

Wed, 01/08/2014 - 14:20 | 4312173 Troncom
Troncom's picture

Ha ha, that's like the SETI@home clients think they are looking for ET but really..........

Do NOT follow this link or you will be banned from the site!