Botnet - can we stop this madness? - page 3.

Timo Y

legendary

Activity: 938

Merit: 1001

bitcoin - the aerogel of money

Quote from: anatolikostis on June 24, 2011, 02:26:25 AM

What can we do?

Not much.

Botnets are like mosquitoes. They are irritating parasites, but they're not going to kill or seriously harm anybody. No matter how many you kill, more of them will just keep coming. Eventually you just learn to live with them.

Grouver (BtcBalance)

hero member

Activity: 530

Merit: 500

Quote from: anatolikostis on June 24, 2011, 04:03:09 AM

but if we have 30USD per 1BTC... Roll Eyes

Exactly...

Alex Beckenham

full member

Activity: 154

Merit: 100

Quote from: caveden on June 24, 2011, 03:30:02 AM

Quote from: anatolikostis on June 24, 2011, 03:19:28 AM

Quote from: Alex Beckenham on June 24, 2011, 02:53:16 AM

How is that an 'attack'? Isn't it basically just someone mining a lot of coins?

it`s attack against all honest miners! Angry

Not precisely, it's an attack against the owners of the infected machines.

Yeah, what I meant was "How is that an attack on 'the bitcoin net'"? It's not.

anatolikostis

legendary

Activity: 2026

Merit: 1005

Quote from: ?? on ??

No, you can't stop it. A block is a block is a block, no matter how it's produced.

There's no rule that says mining should be profitable either. As a user of the Bitcoin network I couldn't care less how difficult it is to produce blocks. If people lose interest in mining, we'll still keep the same supply of blocks, since the difficulty goes down.

if the botnet goes on you will be pushed to get rid of your rig
I'm not going to continue to mine with my 2Ghash rig for 0.5-0.8btc per day in a 15 days - it`s not profitable!
but if we have 30USD per 1BTC... Roll Eyes

anatolikostis

legendary

Activity: 2026

Merit: 1005

Quote from: Grouver (BtcBalance) on June 24, 2011, 03:39:56 AM

Mining will always be profitable.

if you have near the 600 Mhash...so, may be you wil be glad to see day`s earning in 6USD...at least the next 6-8 days...
but if you have only 300... just think about long term - 15-30 days...

Grouver (BtcBalance)

hero member

Activity: 530

Merit: 500

Eventually price will go up since your mining will take longer.
Mining will always be profitable.
The only that is still a issue is the 2 week reset lag it has.

caveden

legendary

Activity: 1106

Merit: 1004

Quote from: anatolikostis on June 24, 2011, 03:19:28 AM

Quote from: Alex Beckenham on June 24, 2011, 02:53:16 AM

How is that an 'attack'? Isn't it basically just someone mining a lot of coins?

it`s attack against all honest miners! Angry

Not precisely, it's an attack against the owners of the infected machines.

anatolikostis

legendary

Activity: 2026

Merit: 1005

Quote from: Alex Beckenham on June 24, 2011, 02:53:16 AM

How is that an 'attack'? Isn't it basically just someone mining a lot of coins?

it`s an attack against all honest miners! Angry

Alex Beckenham

full member

Activity: 154

Merit: 100

How is that an 'attack'? Isn't it basically just someone mining a lot of coins?

anatolikostis

legendary

Activity: 2026

Merit: 1005

Just look at the graph - network total changes every morning at europe time...

increase is about of 20%...

if this continues we will get the 60% estimated difficulty every time...

this is so bad... Cry

Botnet attaks the bitcoin net!
What can we do?

read this - http://www.guardian.co.uk/technology/2011/jun/22/lulzsec-rogue-suspected-of-bitcoin-hack

Quote

Some of the most experienced members of the Anonymous and LulzSec hacker collectives are believed to have had "botnets" – hijacked networks of PCs – of more than 100,000 compromised computers.

Topic: Botnet - can we stop this madness? - page 3. (Read 6935 times)