CPU mining is done by hackers using zombie bot infected computers.
CPU mining isn't very successful because of this.
The coins are never really worth much because a hacker would start cpu mining with their zombie network of 10,000 infected computers. They'd dump all those coins on the market and drive the price down to .00000001
CPU mining isn't very successful because of this.
The coins are never really worth much because a hacker would start cpu mining with their zombie network of 10,000 infected computers. They'd dump all those coins on the market and drive the price down to .00000001
Even if a hacker or a group of hackers was able to start mining with 10.000 infected computers they would not generate more coins than a few pools whit a lot of GPU-miners already do today.
I think that the solution that can scare off both hackers and pools is a reward system where rewards go down as soon as the network hash rate goes up.
Sometimes difficulty stays high for a long time since a high hashrate (attack) has been deployed and those who mine continuously get screwed..
One solution that some coin used/s I forgot the coin was to use a high ram requirement for cpu mining. They needed like 17Gigs of ram or some pretty rediculous amount to combat botnet-mining..
But in the end of the day, if an economic incentive is there, someone will create a gpumining program or asics anyway. If one wants to mine with a cpu effectively, one has to mine early on or just splash some cash and buy those gpus, it´ll be worth it anyhow , get it.
