This paper dives into the growing world of IoT botnets that have taken the world by storm in the past five years. Though alone an IP camera cannot produce enough traffic to be considered a DDoS. But a botnet that has over 150,000 connected IP cameras can generate as much as 1 Tbps in traffic. Botnets catch many by surprise because their attacks and infections may not be as apparent as a DDoS, some other cases include using these cameras and printers for extracting information or quietly mine cryptocurrency at the IoT device owner's expense. Here we analyze damages on IoT hacking and define botnet architecture. An overview of Mirai botnet and cryptojacking provided to better understand the IoT botnets.