Jack Mannino, CEO at nVisium, told Threatpost that even though the launch is aimed at above-board cryptomining endeavors, these kinds of chips are likely to be popular with cybercriminals too.

“The economics of hacking suggest that attackers will continue to gravitate towards digital currencies as they increase in value and become more prevalent in our daily lives,” he said. “While access to cryptocurrency was once reserved for early adopters, many banking and trading applications give consumers easy access. Ransomware that demands payments via cryptocurrency are a more viable attack path and will be something enterprises and consumers continue to wrestle with for many years to come.”

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