01 December 2021 11:01, UTC
Reading time: ~ 2 m
According to Qihoo 360, there were 109,000 daily active mining IP addresses in November on average.
Qihoo 360, one of China’s largest cybersecurity companies, said on WeChat on Tuesday that the firm’s team has developed a monitoring system for cryptocurrency mining operations that will help the government fight crime in the industry.
The monitoring system is designed for government agencies and companies that are struggling with cryptocurrency mining in China. The software can calculate the miners’ IP address, geographic location, network type, connection frequency and suggest methods for getting rid of them, Qihoo 360 said.
Last week, Chinese users were unable to connect to some of the world’s largest mining pools due to a DNS attack on them.
Qihoo 360 found that an average of 109,000 miner IP addresses were active daily in November, mainly in Guangdong, Jiangsu, Zhejiang and Shandong provinces. Miners mainly use home broadband internet, enterprise dedicated internet connections and data centers, Qihoo 360 said.
The new software uses the company’s patented capabilities for monitoring network traffic, analyzing large amounts of data and active protection mechanisms.
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