[Discuss] Any miners?

[John Abreau]

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
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> >
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John Abreau / Executive Director, Boston Linux & Unix
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