Topic: Wonder who this solominer is? 88.6.216.9 - page 21. (Read 60490 times)

Not really.

It could be that the CIO of HP (or IBM or Dell) found out about BTC and pushed a "management software" update to all the company's managed hosts, and all the customer managed hosts. The low profile required for such software would explain the lack of transaction processing.

It could be a drug cartel (some of these guys have more money than governments do) that wants to setup a competing site to crush the Silk Road and would definitely want to be able to manipulate BTC price. So they hire a few geeks, get them to sign a nice NDA punished by death, setup a huge distributed mining farm, and obviously don't give a shit about transaction processing. ArtForz comes to mind, he hasn't been around for a month and a half. 

If you haven't put your tinfoil hat on, please put it on now:

It might as well be a government, the IMF, the IIF or whatever else would justify a tinfoil hat.

No I don't think there is any proof yet but it's hard to imagine any other way to have so much hashing power. Yes most are jumping the gun myself included. It's better to be aware and wrong then be blind sided. If we are wrong well I'll be the first to apologize to the unknown miner. Until then we need to work together to make sure BTC is always shown in good light with good company.

What kind of arms are we talkin bout??

Because this iz the Internetz!!!!!     

Well it takes a pussy to fuck over mom and grandma so I'd say he/she deserves to get pounded. Don't think he/she would enjoy it though.

GROSS, pervert!!

Not if it's a botnet, I take that quite personal.

If criminals got >51%, then we have to answer to them in our bitcoin enterprise.
And even if someone added a proof-of-stake (so hard for me not to write steak, hmmmm steak) algorithm, this would just slow them down but not eliminate the problem.

Then you can run your BIPs past your new bosses, and I do mind if they are criminals. That's way different from having them just make some money on honest miners' backs.

Yes, we don't know for sure yet if that's indeed a botnet, so we can't sentence the mystery miner yet, but otoh using that argument to disregard this possibility and not discuss possible courses of action would also be wrong.  

Maybe business, but this thread raises questions that are not business as usual.

I'm in the USA and believe me I know how unfair life is to allot of people in different countries.I agree that there will always be people with better resources but this is not about the price of electric and I have no reason to catch a Federal case by running a botnet. I don't need to compete with him I just need to know that my financial and ethical decision are good. The money from minig is really just a bonus to me. I don't truly need it.I'm really here to just support the idea of BTC. I could care less about the blank blocks, transaction fess, or any other things he's doing. I just don't like the idea of BTC being tied to a giant botnet. Publicity like that will only make BTC look bad and I don't think anyone here would want that either. I'm late to the game already. The start up of BTC made early users a very health profit yet I entered in December 2011 with no complaints of unfairness and not looking to make a profit.It's one thing to be at a disadvantage it's entirely different to be partnered with someone doing criminal activates.That is the same reason I won't lease out my hashing power for 110% or 120%. I don't know what its being used for so 200% would not convince me either. Yes this is business for some but it is personal for me and right now I'm helping give him a reason to steal from other.I guess it just boils down to ethics for me as I see us as one big family.I guess every family has a black sheep huh. Damn I wish he was close so I could pound the shit out of him for all the Innocent moms and grandmas footing his bill.

Well, all miners have already made a risky investment. The possibility that someone would come up with a massive ASIC farm before they manage to break even was there from the beginning. The possibility of a botnetfest was also there. Miners should have been aware of it when they were making their investment decision.

Those who did not consider these and other possibilities (such as BTCUSD drop in price or difficulty increase) are obviously having a nasty surprise, and they probably will have more in the future.

As D&T and BadBear said, this is not personal, this is business.

May sound harsh, but life really is unfair sometimes. There's always gonna be someone out there with more resources than you. If you can't compete, then he has done his job well.

Just a quick chart showing the number of 1 TX blocks per day. Click to enlarge:

It is not how matters were solved with horse thieves in the Far West? Because the situation is pretty similar to horse theft.
Of course I were joking. Have you ever heard of someone lynched through the internets?

Where do you get the idea you have a right to a level playing field?  Is it fair some people have $0.04 per kWh electrical rates and some have $0.30 per kWh.  If it fair some people need to build their farm one GPU at a time and other can drop $15K on a rigbox or LargeCoin?

Miners compete you have no right to any "fairness".  Adapt, overcome, and expand or die.  No different than any other private enterprise.

Yes I think most miners would still have a problem with it. Some of us have more money then other to invest in BTC but we are all on a level playing field. Would you still by a farm of GPU for mining when only 1 person has access to ASIC now and you never will?

As viral-advertising this attitude is very effective. I can imagine someone logining in here in a few weeks and saying:

http://www.youtube.com/watch?v=jPKWCP36EFE


Hi, the truth is.... I'm Mistery Miner

(and I want to announce that the new ASIC mining hardware i used is now for sale)

assuming all the mined bitcoins are in the possession of the same entity he or them should now have aprox. 35000 btc...

I'm getting some popcorn, this is getting interesting to watch, no tx blocks count have almost tripled in 3 months

The botnet owner can force his blocks to be relayed by anyone that accepts them, which could be another pool, or a bitcoind out on the internet somewhere. Just because the block is FIRST SEEN at some IP address, that does not mean that that IP address is automatically the botnet head controller. You might be notifying the ISP of someone's VPS that they keep a bitcoind on just to help relay txns around the net, which isn't uncommon.

Mystery miner can relay his blocks through whoever he wants.

If you want to do any investigation, AFAIK, you would need to run a modified bitcoin daemon that logs the IP, but youd need that deamon at the place mystery miner chooses to relay his blocks. If he does so consistently through blockchain or deepbit or whomever, perhaps you can talk to them and ask to log that info and then you might get something, although it would still be hard to tell if that IP is really a MM node or just someone relaying it to deepbit/blockchain/you/me.

Since MM can relay them through anyone he wants, I dont think there is any point, unless Im missing something.

+1

Agreed, problem is the node is likely just an infected computer and won't slow him down at all. There is discussion going on how to prevent blocks like this here.

Long term though, with the block reward decreasing there will be more incentive to include transactions. I don't think it's really a big problem though, and even if it were, how do you stop botnets on the bitcoin network? And would people be so upset about it if they processed transactions like any other miner?

Edit:

Like my Dad always told me, "You'll never get lucky if you don't try."