• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Some Fortune Crypto pricing data is provided by Binance.
The Ledger

‘Cryptojacking:’ Secret Cryptocurrency Mining Has Reared Its Ugly Head on a Gaming Platform

By
David Meyer
David Meyer
Down Arrow Button Icon
By
David Meyer
David Meyer
Down Arrow Button Icon
July 31, 2018, 7:39 AM ET

Valve, the firm behind the cloud-based Steam PC gaming platform, recently adopted an anything goes policy for its Steam Store, so the team can “focus less on trying to police what should be on Steam, and more on building those tools to give people control over what kinds of content they see.” The company said it would only ban games and virtual items that are “illegal, or straight up trolling.”

So what happens when a game, that wasn’t vetted due to this open policy, is actively harmful to its players? That’s the question after Valve had to boot a game off its platform that was apparently hijacking its players’ computers in order to mine cryptocurrency.

This is an activity called “cryptojacking,” and it’s been on the rise over the last year. Mining virtual coins such as Bitcoin or Monero is an intensive task that requires a lot of processing power and electricity, so there’s good money in exploiting other people’s computers for the purpose.

Criminals have used a variety of cryptojacking tactics, from breaking into Tesla’s cloud account to putting dodgy extensions onto the Google Chrome plugin repository to sneaking hidden code into the U.S. Courts website. And now we can add suspect games to that list.

The game in question is called Abstractism, an extremely minimalist “trivial platformer” that should barely make a dent in any computer’s performance. However, late last week, players started to notice that the game was having a serious impact on performance, in both central and graphics processing units, and that it was conducting a surprising amount of communication over their network connections.

It didn’t take long for a lot of people to conclude that Abstractism was quietly mining cryptocurrency on players’ computers.

The game’s developer insisted that this was not the case, instead proposing the unlikely scenario that high graphics settings were taking a toll on the computers.

However, with the added fact that the developer was selling what appeared to be a rip-off of another game’s in-game weapon, the chorus yelling “scam” grew too loud to bear. On Monday, Valve told gaming site Kotaku that it has “removed Abstractism and banned its developer from Steam for shipping unauthorized code, trolling, and scamming customers with deceptive in-game items.”

Fortune has asked Valve whether this episode suggests the company’s new openness policy is problematic, and will update this story when a reply comes in.

About the Author
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon

Latest in The Ledger

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in The Ledger

CommentaryEndorsements
Keeping up with the SEC: Here’s what Kim Kardashian and your financial adviser have in common
By Michael BoeseNovember 29, 2022
3 years ago
FinanceFTX
Crypto lender BlockFi files for bankruptcy after FTX implosion
By Chris MorrisNovember 28, 2022
3 years ago
The LedgerFlorida
New York bans new crypto mining power plants—for now
By The Associated PressNovember 23, 2022
3 years ago
The LedgerFTX
Sam Bankman-Fried gives most detailed explanation yet about FTX’s collapse in letter to staff while still claiming ignorance of wrongdoing
By Joanna Ossinger and BloombergNovember 22, 2022
3 years ago
The LedgerCryptocurrency
Crypto brokerage Genesis said to be warning investors it may declare bankruptcy if it can’t raise at least $1 billion
By Lydia Beyoud, Sonali Basak, Vildana Hajric, Muyao Shen and BloombergNovember 22, 2022
3 years ago
The LedgerFTX
New FTX CEO hired to clean up Sam Bankman-Fried’s mess is being paid $1,300 an hour
By Jack Schickler and CoinDeskNovember 21, 2022
3 years ago

Most Popular

placeholder alt text
North America
'I meant what I said in Davos': Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
2 days ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
2 days ago
placeholder alt text
C-Suite
Jeff Bezos capped his Amazon salary at $80,000: ‘How could I possibly need more incentive?’
By Sydney LakeJanuary 28, 2026
2 days ago
placeholder alt text
C-Suite
Fortune 500 CEOs are no longer giving employees an A for effort. Now they want proof of impact
By Claire ZillmanJanuary 28, 2026
2 days ago
placeholder alt text
Investing
Jerome Powell got a direct question about the U.S. ‘losing credibility’ and the soaring price of gold and silver. He punted
By Eva RoytburgJanuary 29, 2026
23 hours ago
placeholder alt text
Personal Finance
Current price of silver as of Thursday, January 29, 2026
By Joseph HostetlerJanuary 29, 2026
23 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.