Categories: CryptoNews

New Malicious Monero Miner Crashes Computers When Attempting to Remove it

It has been a while since cryptocurrency malware was worth paying much attention to. With cryptocurrency mining having become more common, criminals are once again taking notice. WinstarNssmMiner may have a weird name, but it is a very potent cryptocurrency mining malware strain. Attempting to remove it will result in a complete system crash.

WinstarNssmMiner Means Business

In the world of cryptocurrency malware, getting rid of specific types of software will always remain one of the more pressing problems. This was the case when ransomware gained traction and will apply to every new type of malware making the rounds in the future. The recently discovered WinstarNssmMiner malware illustrates that point perfectly. Getting rid of this mining malware is not only difficult, but it will render one’s system completely useless as well.

This particular malicious crypto miner has been making the rounds for quite some time now. It was discovered by 360 Total Security, and was allegedly part of a massive attack on computer users not too long ago. Half a million “attempted” attacks have tried to install this malware on computers around the world, although it remains a bit unclear how successful this effort has been to date.

As one would expect from a malicious cryptocurrency miner, it is designed to mine the Monero cryptocurrency. This is one of the few currencies in the world which is still capable of being mined with a regular computer and CPU, even though there isn’t much money to be made from doing so these days. Criminals have tried to infect thousands, if not millions of computers with malware such as this one in order to create an effective botnet.

Related Post

This malicious Monero mining software is capable of mining XMR by stressing one’s computing resources. It is a bit unclear what percentage it tries to hijack, as most malware is designed to remain under the radar for as long as possible. An aggressive approach yields higher short-term results, but in the end, it also makes users aware that something’s amiss with their computers. Even so, WinstarNssmMiner’s infectees cannot easily get rid of this malware.

That’s because the miner is capable of crashing a victim’s PC once an antivirus solution attempts to kill the Windows process. WinstarNssmMiner is also capable of turning off antivirus protection at any time, which means there is no real course of action to be taken by the user. From degraded system performance to blue screens filled with errors, this malware is pretty powerful and annoying. It also shows how crafty malware developers have gotten over the past few years.

It is evident that malware of this magnitude would not be successful if it were used for solo mining. Instead, it uses at least four different mining pools to mine Monero on behalf of criminals. With its code base having been derived from XMRig, these criminals have turned a legitimate project into a tool for nefarious individuals. It’s a very worrisome trend, and one that will not be going away anytime soon.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Best Altcoins to Invest in Today: Qubetics Sets the Stage for Blockchain’s Future as Bitcoin Hits $108K and Litecoin Soars

The cryptocurrency world has always been a hotbed of innovation, attracting both seasoned investors and…

3 hours ago

Dogecoin Millionaire Predicts This Undervalued Altcoin Could Match DOGE’s 2021 Gains

Dogecoin's 2021 rally was a historic one, turning ordinary investors into overnight millionaires. This magnificent…

4 hours ago

Qubetics Presale Skyrockets to $7.5M as XRP and Arbitrum Lead Best Altcoins for Exponential Returns

The crypto market is always evolving, with big names like Bitcoin and Ethereum leading the…

5 hours ago

Over 300K Users Actively Mine Crypto On BlockDAG’s X1 Miner App While BNB Bulls Eye $3K; What’s XRP’s Price Target?

The crypto market is ablaze with excitement as altcoins like XRP and BNB make major…

5 hours ago

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

8 hours ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

9 hours ago