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[Discuss] Any miners?
- Subject: [Discuss] Any miners?
- From: abreauj at gmail.com (John Abreau)
- Date: Fri, 16 Jun 2017 18:32:21 -0400
- In-reply-to: <CAAbKA3V=A-OOnpScWsOsRbT_Y=CWDvE4fRfT72vHhQ2Z4etX7Q@mail.gmail.com>
- References: <CANaytcfwQ1ReyD4e98dacmBhSE==cHr3sF3WzAhAy2WwKXyuuQ@mail.gmail.com> <CAAbKA3V=A-OOnpScWsOsRbT_Y=CWDvE4fRfT72vHhQ2Z4etX7Q@mail.gmail.com>
I wonder if bitcoin mining is a significant factor in malware. Build a massive botnet, and then use the zombie machines as a massively parallel system for bitcoin mining. The victims pay for the electricity and other costs, and the bad guy reaps the rewards. On Fri, Jun 16, 2017 at 6:12 PM, Bill Ricker <bill.n1vux at gmail.com> wrote: > Bitcoin initially did not require specialized hardware, but as new golden > hashes get harder to find, mining costs more in electricity and > depreciation without speciality gear (or a huge BITNET running for free). > If scarcity drives up BTC value, maybe, but odds of finding one still > declining as payoff increases. I haven't checked the calculation lately, it > would be a good exercise: what would an AWS VPS mining cluster big enough > to average 1 BTC mined per week cost to operate? > > Which if any of the alt-coins have legit upside is not yet clear, and the > most likely of them already requires a cluster and has had its first major > scam. > > / bill > > On Jun 16, 2017 5:58 PM, "Greg Rundlett (freephile)" <greg at freephile.com> > wrote: > > > My son is investigating crypto-currency mining and seems to think it's > > incredibly lucrative. > > > > I've not delved into it at all. > > > > Comments? Anyone actually making money mining? > > > > From what I've previously gathered, I thought the amount of computational > > power, expense and electricity just about squeezed out anybody but those > > with super-specialized hardware. > > > > Greg Rundlett > > https://eQuality-Tech.com > > https://freephile.org > > _______________________________________________ > > Discuss mailing list > > Discuss at blu.org > > http://lists.blu.org/mailman/listinfo/discuss > > > _______________________________________________ > Discuss mailing list > Discuss at blu.org > http://lists.blu.org/mailman/listinfo/discuss > -- John Abreau / Executive Director, Boston Linux & Unix Email: abreauj at gmail.com / WWW http://www.abreau.net / PGP-Key-ID 0x920063C6 PGP-Key-Fingerprint A5AD 6BE1 FEFE 8E4F 5C23 C2D0 E885 E17C 9200 63C6
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- From: greg at freephile.com (Greg Rundlett (freephile))
- [Discuss] Any miners?
- From: bill.n1vux at gmail.com (Bill Ricker)
- [Discuss] Any miners?
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