SHA256 (or Secure Hash Algorithm) was originally designed by the NSA back in 2002. Later the algorithm found use within the Bitcoin cryptocurrency and is what runs all Bitcoin based coins. SHA256 is a hash of 256 bits and is what miners decrypt using their mining setups which eventually validates blocks, for what miners are rewarded.
The DAG Epoch is what the Ethereum mining difficulty is called. In time, as the currency grows and the amount of miners increases, the mining difficulty grows. As the difficulty increases, also the memory requirements do. Mining with smaller GPUs has become impossible due to this feature which prevents ASICs mining.
The Csrss.exe Miner is a Trojan that utilizes a victim's computer processor to mine the MonaCoin, or MONA, digital currency. When installed, this Trojan will create the C:\Windows\svchost.exe executable that when executed will launch a process called C:\Windows\Csrss.exe. The Csrss.exe process will then connect to the mining pool at mona.suprnova.cc and utilize all of the processor's power to mine MonaCoin on behalf of the Trojan's developer.
In this edition of The Daily we cover a planned U.S. regulated cryptocurrency exchange from Riot Blockchain, the arrest of a hacker in Japan who allegedly stole 15 million yen of monacoin, and a couple of new investors in Coinflex.
According to media reports from Japan, police forces have caught an 18-year-old man who allegedly stole a total of 15 million yen (about $134.5K) worth of monacoin. The young hacker is accused of committing fraud using computers, among other allegations. He reportedly took advantage of vulnerabilities in an online wallet called Monappy to steal the funds of about 7,700 people. Mona is a cryptocurrency based on a cat meme popular in Japan that was created as a fork of litecoin. 2b1af7f3a8