botnet is MUCH more valuable than being used for mining bitcoin. Using botnet for mining coins is stupid and asking to get caught. Running a contract DDOS business is much more profitable.
Yep: "It's the opportunity cost baby!"
Topic: Botnets are to Bitcoin, what GPUs were to Bitcoin 9 months ago - page 2. (Read 12743 times)
Yep: "It's the opportunity cost baby!"
botnet is MUCH more valuable than being used for mining bitcoin. Using botnet for mining coins is stupid and asking to get caught. Running a contract DDOS business is much more profitable.
Botnets were discussed so many times before on this forums. Conclusion: they are not really useful for mining. People did math. For details, use the search function.
Famous last words.
I can read smarty pants, they are WRONG. Its called innovation (all be it illegal). Botnets will harness the GPU's on the infected systems, sure as Botnets harnessed the "power" of spam 15 years ago.
so you shutdown a still profitable 26Ghps farm for fear of something that could possibly happen, but probably wont?
makes sense
makes sense
Botnets were discussed so many times before on this forums. Conclusion: they are not really useful for mining. People did math. For details, use the search function.
I am convinced that Botnets will destroy mining by conventional means. Innovation, (though illegal) will kill conventional miners. The incentives are just too high. 1,000,000 infected computers (not hard to achieve at all with a Botnet, in reality the more successful Botnets have 10 million or more) will drive the difficulty through the roof!!!
Botnets to Bitcoin is what GPU's were to Bitcoin 9 months ago (less the illegal part). The smart ones are packing their gear and selling off now. I just shut down a 26gh network and now with the help of friends we are packing it up and preparing it for shipping, for sale.
While Botnets are illegal as all hell, that will not stop people. Again all you need it 20-50 successful Botnets running to shut down the miners of today. So that’s 20-50 people WORLDWIDE operating their individual Botnets. Do you really believe that there are not 50 people on the planet that have the know how to do it and would not do it? Do the math people.
Botnets to Bitcoin is what GPU's were to Bitcoin 9 months ago (less the illegal part). The smart ones are packing their gear and selling off now. I just shut down a 26gh network and now with the help of friends we are packing it up and preparing it for shipping, for sale.
While Botnets are illegal as all hell, that will not stop people. Again all you need it 20-50 successful Botnets running to shut down the miners of today. So that’s 20-50 people WORLDWIDE operating their individual Botnets. Do you really believe that there are not 50 people on the planet that have the know how to do it and would not do it? Do the math people.
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