North Korea’s Monero Mining Operations Grew ‘at Least Tenfold’ Since Last Year: Report

North Korea’s Monero Mining Operations Grew ‘at Least Tenfold’ Since Last Year: Report | CryptoGlobe

North Korea is reportedly growing its Monero (XMR) mining operations in an attempt to bypass international sanctions using the privacy-centric cryptocurrency. According to U.S.-based cybersecurity firm Recorded Future, network traffic for XMR mining that has originated from North Korean IP ranges increase “at least tenfold” since May 2019, which means the regime’s focus is now on mining Monero and not bitcoin (BTC).