Confession's of a Bitcoin Botnet coder... - page 4.

MysteryMiner

legendary

Activity: 1512

Merit: 1042

Death to enemies!

I'm 50-50 if this story and screens are legit or fake. But many of the less-known facts and tips are legit.

Update: This guy is 100% legit! Moscow never sleeps.

Serith

sr. member

Activity: 269

Merit: 250

Quote from: bbit on May 11, 2012, 07:17:37 PM

Quote from: proudhon on May 11, 2012, 07:14:32 PM

I'm tell you guys, this stuff is going to be the end of bitcoin.

You might be right yikes! :/

From Bitcoin network point of view a botnet is legitimate miner, as long as no one controls more that 50% of hashing power, everything is fine. And botnets doesn't affect bitcoin market price either because supply side always stays the same, 50 bitcoins per 10 minutes. Price per bitcoin changes only because demand changes, supply rate doesn't change and it doesn't matter who mined those coins. Of course legitimate miners can't compete with a botnet, but even that probably will change with ASIC mining, that will make CPU mining pointless even for a botnet.

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

Quote from: Sukrim on May 11, 2012, 07:34:57 PM

Mining at BTCguild with ~ 10 GH/s since now about 2 months, continually growing - should be enough info to analyze BTCguild payouts (or ask eleutheria directly for logs, if he uses only 1 account, he's for sure in the top25, together with probably a few other botnets) and expose his adress(es), if he didn't use CoinControl. From there it's most likely off to MtGox or another exchange (they usually cooperate with law enforcement) or to a savings account that can be tracked.

Still an interesting read though!

+1, someone kick the botnet out

MoonShadow

legendary

Activity: 1708

Merit: 1010

Quote from: proudhon on May 11, 2012, 07:14:32 PM

I'm tell you guys, this stuff is going to be the end of bitcoin.

Because some people on the Internet use it for crime?

Really?

Sukrim

legendary

Activity: 2618

Merit: 1007

Mining at BTCguild with ~ 10 GH/s since now about 2 months, continually growing - should be enough info to analyze BTCguild payouts (or ask eleutheria directly for logs, if he uses only 1 account, he's for sure in the top25, together with probably a few other botnets) and expose his adress(es), if he didn't use CoinControl. From there it's most likely off to MtGox or another exchange (they usually cooperate with law enforcement) or to a savings account that can be tracked.

Still an interesting read though!

bbit

legendary

Activity: 1330

Merit: 1000