Re: [cryptography] Bitcoin-mining Botnets observed in the wild? (was: Re: Bitcoin in endgame

2012-05-11 Thread Zooko Wilcox-O'Hearn
Folks: Here's a copy of a post I just made to my Google+ account about this alleged Botnet herder who has been answering questions about his operation on reddit: https://plus.google.com/108313527900507320366/posts/1oi1v7RxR1i === introduction === Someone is posting to reddit claiming to be a

Re: [cryptography] Bitcoin-mining Botnets observed in the wild? (was: Re: Bitcoin in endgame

2012-05-11 Thread Adam Back
Strikes me 12TH/sec is not actually very much computation? http://bitcoinwatch.com/ also gives network hashrate at 12.4 TH/sec. But a single normally clocked (925Mhz) AMD 7970 based graphics card which has 2048 cores is claimed to provide 555MH/sec.

Re: [cryptography] Bitcoin-mining Botnets observed in the wild? (was: Re: Bitcoin in endgame

2012-05-11 Thread coderman
On Fri, May 11, 2012 at 4:22 PM, Adam Back a...@cypherspace.org wrote: Strikes me 12TH/sec is not actually very much computation? ... But a single normally clocked (925Mhz) AMD 7970 based graphics card which has 2048 cores is claimed to provide 555MH/sec. . ... But that means the entire

Re: [cryptography] Bitcoin-mining Botnets observed in the wild? (was: Re: Bitcoin in endgame

2012-05-11 Thread coderman
On Fri, May 11, 2012 at 8:24 PM, John Levine jo...@iecc.com wrote: ... not a problem that crypto will solve, and certainly not a problem that virtual pet rocks (aka Bitcoin) are relevant to. i have referred to bitcoins as digital baseball cards or pet bit rocks in the past. they are really