Chinese Cybersecurity Company Qihoo 360 said it has built Crypto mining monitoring software to support hard action

Cybersecurity China Giant Qihoo 360 said in the Wechat post on Tuesday that he had built a system to monitor Crypto mining operations, which would help the government’s hard action in the industry.

The monitoring system is intended for government institutions and companies that want to comply with China’s latest oppression at Crypto Mining. This software can provide a miner’s IP address, geographical location, network type, connection frequency, and suggest methods of throwing it out, Qihoo 360 said.

Last week, Chinese users could not connect to several of the largest mining ponds in the world because of DNS poisoning. This type of attack means that the pool domain name (eg coindesk.com) is directed from the actual IP address, where their server is located.

Qihoo 360 found that 109,000 IP addresses of active mining every day on average in November, mostly in Guangdong Province, Jiangsu, Zhejiang, and Shandong, said the company. Miners mainly use home broadband, dedicated internet connection company, and data center, Qihoo 360 said.

This software uses exclusive network traffic monitoring capabilities, large data analysis, and active defense mechanisms.