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 <[email protected]> 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)" <[email protected]> > 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 > > [email protected] > > http://lists.blu.org/mailman/listinfo/discuss > > > _______________________________________________ > Discuss mailing list > [email protected] > http://lists.blu.org/mailman/listinfo/discuss > -- John Abreau / Executive Director, Boston Linux & Unix Email: [email protected] / WWW http://www.abreau.net / PGP-Key-ID 0x920063C6 PGP-Key-Fingerprint A5AD 6BE1 FEFE 8E4F 5C23 C2D0 E885 E17C 9200 63C6 _______________________________________________ Discuss mailing list [email protected] http://lists.blu.org/mailman/listinfo/discuss
