5% of All Monero Currently In Circulation Has Been Mined Using Malware (bleepingcomputer.com)

Posted by msmash on Tuesday June 12, 2018 @08:05AM from the mad-world dept.

An anonymous reader writes: According to a report released yesterday, criminal groups have mined an approximate total of 798,613.33 Monero coins (XMR) using malware on infected devices. That's over $108 million in US currency, just from coin-mining operations alone. This sum also represents around 5% of all the Monero currently in circulation -- 15,962,350 XMR. Furthermore, during the past year, infected devices were responsible for 19,503,823.54 hashes/second, which is roughly 2% of the entire hashing power of the Monero network. The total hashrate of roughly 19MH/s would result in approximately $30,443 per day based on today's current exchange rates and network difficulty," researchers said. "Similarly, the top three hash-rates will mine approximately $2,737, $2,022 and $1,596 per day, respectively."

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How much of the Gold in circulation was stolen... by ffkom · 2018-06-12 09:37 · Score: 3, Insightful

... at some point in time? How much of the money in bank accounts or 10-USD-bills was payment for some illegal activity at some point in time?

Definitely all interesting questions, but like the article headline, the answers would not really tell us much about the nature or usability of the respective currency.