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
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.
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
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
On 3/04/12 05:16 AM, lodewijk andré de la porte wrote:
...
Good observations and calculations. So, let's say you wanted a
botnet to do mining. What could you do to improve that?
Get a bigger network! Targeting gamers would also help, given their
hardware.
Hmmm... you're thinking
(N.B. I (still) disagree with Ian Grigg's thesis in several of its
other steps. However, the part about how botnets, which don't pay for
the marginal cost of their electricity, will provide an increasing
contribution to the global Bitcoin transaction-confirmation service
(a.k.a. mining) -- that
On 29/03/12 08:32 AM, Zooko Wilcox-O'Hearn wrote:
(N.B. I (still) disagree with Ian Grigg's thesis in several of its
other steps.
:)
However, the part about how botnets, which don't pay for
the marginal cost of their electricity, will provide an increasing
contribution to the global Bitcoin