Cryptocoin Mining?

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wand3r3r

Diamond Member
May 16, 2008
3,180
0
0
@nwo
You probably want to take that username out of the script - don't want to open yourself up to hacking.

@Virge
Similar sentiment for those asking for a tour of Virge's setup - I'd strongly recommend that Virge NOT tell people he knows IRL about his setup or where he lives, etc. Because there will be people who would use that information towards burglary or worse.

I hate having to write the above because I used to be a trusting, naive person but I've lived long enough to see how greed corrupts people. When so much potential profit is out there in the unregulated world of crypto-currencies you should take care to be borderline paranoid about operational security.

Agreed, a public thread with 1,000,000 views is an invitation for disaster.
 

slashbinslashbash

Golden Member
Feb 29, 2004
1,945
8
81
Interesting to see the Riecoin launch. The idea of a CPU-only coin means the crazy power of GPU's and ASICs don't come into play, which theoretically levels the playing field. But at the same time, it puts botnets and AWS farms within easy reach for those with the means, which puts the smaller miners out of business just as well as ASICs would do.

I wonder if there's a way to create an un-farmable coin? Limiting speeds per worker wouldn't work, because somebody could always just add more workers. Limiting the number of workers would just keep people from being able to mine, period. It would have to be something with a built-in pool, where that pool is the only pool allowable. Hmmm... even that seems unworkable, somebody could simply hide a bunch of machines behind a proxy and it would just seem like a very powerful solo machine (which I guess is how most pools currently work). But yeah! If it were combined with a speed limitation from any given "pool member" then it wouldn't do any good, the proxy would be limited in its apparent speed. Hmmm.

Anybody else got any ideas for CommieCoin? "Forcing all miners to be equal", LOL!
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
I'd have no issues showing people around a data center. It has security, insurance, etc.

As for my residence, this is also insured and secured with cameras. If my garage door opens between 9AM-4PM without me first disarming it (from any entrance/window) the police are there from 1/2 a mile away in less than three minutes.

Yeah I'm insured and have surveillance as well, but I prefer not to "advertise" if that makes sense. I'm sure where I live now it would not be a problem, but I lived for four years in a high crime area and that has kind of skewed me.
 

Attic

Diamond Member
Jan 9, 2010
4,282
2
76
I'd have no issues showing people around a data center. It has security, insurance, etc.

As for my residence, this is also insured and secured with cameras. If my garage door opens between 9AM-4PM without me first disarming it (from any entrance/window) the police are there from 1/2 a mile away in less than three minutes.

How would you go about transferring the rigs to a data center and what about needs for physical monitoring and troubleshooting? BAMT is stable, but when it effs up it's sometimes a major hassle. Back up USB sticks could be left for folks at data center to plug in a reboot.

Would you transfer the current bread rack setup into server racks via 4U or other? or just take the bread racks into a suitable place if those type of data centers are available?

Any list of data centers that are good for relocating mining away from the home to?
 

slashbinslashbash

Golden Member
Feb 29, 2004
1,945
8
81
An interesting article on NXT...

http://cryptolife.net/in-depth-analysis-nxt/

Since NXT is a pure proof of stake cryptocurrency, there was the matter of the initial distribution. This is the most damning factor of it all, and why I think NXT is not even worth consideration. NXT was the first of the “IPO coins” that we’ve seen so much of lately. This IPO had a lot of issues surrounding it, and closed earlier than initially stated. In total, 23 BTC was raised, and 1 billion NXT was distributed amongst ~70 investors. Amongst these ~70 individuals, the top 10 held 50% of all NXT. This makes it the most centralized and unfairly distributed cryptocurrency ever devised. These individuals each command tyrannical power over the price of NXT, and due to the low market depth, could crash the price on a whim.
...
How high can the price go before one of them decides to cash out? We’ve seen it happen once already. It’s taken weeks, but the price has finally started to recover. I foresee another dump in the not too distant future. You’ll notice a few individuals over at bitcointalk pushing NXT extremely hard. Make no mistake – these are the initial investors, and they have a lot to gain at your expense. They’ve essentially turned 23 BTC into 87,000 BTC. The caveat is that they need to find enough people to dump onto.

Wow. That has scam written all over it. I think that Peercoin with its combined PoW/PoS model is a lot better.

Good luck everybody with the AKC launch!
 

Mark R

Diamond Member
Oct 9, 1999
8,513
16
81
Hmm. No linux wallet available.

Pool setup is gonna be interesting. Guess the pool server will have to point to a windows wallet. Suppose that would work.
 

KlokWyze

Diamond Member
Sep 7, 2006
4,451
9
81
www.dogsonacid.com
Lol. AKC launch fail.

Someone brute forced the zip file and started the coin early. lol..

Yup. See that on the BT thread.

Jesus Christ.... ironically this might make it MORE popular. The more sh!t a coin is the more money we can make in the initial release! I'll keep watching both threads....
 

T_Yamamoto

Lifer
Jul 6, 2011
15,007
795
126
Yup. See that on the BT thread.

Jesus Christ.... ironically this might make it MORE popular. The more sh!t a coin is the more money we can make in the initial release! I'll keep watching both threads....
Yup. The wallet is still secured.

When I mine AKC coins, where should I dump them to?
 

SunnyD

Belgian Waffler
Jan 2, 2001
32,674
146
106
www.neftastic.com
Also wondering the same thing. The page must be getting hammered. Taking 60+ seconds to load. Just signed up, but last pass didn't remember the password..... uggh

I'm not sure if it's because of the failed launch relieving some strain on the server or because of a config change I just did (or both), but give it a go now. Pages should be loading a hell of a lot faster.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
Yeah "someone" brute forced it? More likely, the author or his buddies are trying to "premine" on the DL.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
The wallet for AKC...nevermind that.

Where should I dump AKC coins?

Also, Pandacoins look promising.

No exchange yet for AKC coins. Purely speculative, though it's a safe bet at least one exchange will pick up any given currency eventually.
 

T_Yamamoto

Lifer
Jul 6, 2011
15,007
795
126
No exchange yet for AKC coins. Purely speculative, though it's a safe bet at least one exchange will pick up any given currency eventually.
Okay cool. Pandacoins come out Friday so.

Sunny, are you going to have a pool for pandacoins?
 

wbynum

Senior member
Jul 14, 2005
302
0
0
What a tard. Latest from the AKC op:

"Actually the password was strong enough and their computers could spent a lot time to crack."
 

x3sphere

Senior member
Jul 22, 2009
722
24
81
www.exophase.com
Riecoin difficulty is crazy high now, expected time to block is like 20 days for a i7 4770k. I thought it'd go down a bit after the initial rush but nope.

Managed to get 184 coins at least.
 

Mark R

Diamond Member
Oct 9, 1999
8,513
16
81
ZIP has fairly poor security. I did try and brute force the password myself. My cracker listed it as "ZIP proprietary 80 bit" - so not even winzip AES.

Running on a single 7850, my cracker was doing approximately 500M passwords/sec.

I'm guessing that something like an R9 290 could do 4x that, and a big mining rig 20x that. Parallelize it over a number of rigs, and you'll have a decent chance of finding passwords that are <10 characters.
 
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