Boston Linux & UNIX was originally founded in 1994 as part of The Boston Computer Society. We meet on the third Wednesday of each month at the Massachusetts Institute of Technology, in Building E51.

BLU Discuss list archive


[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[Discuss] Any miners?



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



BLU is a member of BostonUserGroups
BLU is a member of BostonUserGroups
We also thank MIT for the use of their facilities.

Valid HTML 4.01! Valid CSS!



Boston Linux & Unix / webmaster@blu.org