G+_George Kozi Posted December 1, 2013 Share Posted December 1, 2013 This is akin to the bed manufacturer you bought furniture from, renting out your bed to strangers when you are not at home.? I started out by being intrigued by bitcoin. Lately. I dislike it more and more. Originally shared by Rich Levin Apps come bundled with secret Bitcoin mining programs, paper over the practice with EULAs - Boing Boing - http://goo.gl/dc92ZQ http://goo.gl/dc92ZQ Link to comment Share on other sites More sharing options...
G+_Blake DeVoss Posted December 1, 2013 Share Posted December 1, 2013 Drug dealers buy and sell drugs with US Dollars, but that doesn't mean you shouldn't be okay with using US Dollars. Alternately, if this software covertly did folding to assist with cancer research, would you dislike cancer research? I'm not saying that using another person's CPU to make money isn't tacky. Just don't let bad people spoil your opinion of a neutral entity. Target your the blame on the people doing it, not the currency. Link to comment Share on other sites More sharing options...
G+_George Kozi Posted December 1, 2013 Author Share Posted December 1, 2013 True, but if there's something wrong with the currency, there is a government and a country to back it up or hold accountable according to the Law. With Bitcoin, there's bobkes, nada, zilch. If someone stole your bitcoins, who are you gonna complain to? Link to comment Share on other sites More sharing options...
G+_Blake DeVoss Posted December 1, 2013 Share Posted December 1, 2013 You don't have anyone to complain to with cash either. It doesn't mean people don't use it. This will encourage encryption and security standards to up their game. I don't know much about bitcoin, but I'm sure it will also be insured eventually through the people you store the money with (like banks and the federal government do currently with USD). It'll take time. Link to comment Share on other sites More sharing options...
G+_George Kozi Posted December 1, 2013 Author Share Posted December 1, 2013 sure, it may become a real currency, laws may be made to accommodate it, and it will also be taxed. That's coming too. Link to comment Share on other sites More sharing options...
G+_Rob Szarka Posted December 1, 2013 Share Posted December 1, 2013 How is this even worth doing? CPU mining has been worthless for quite a while now. Do most smartphones have GPUs worth using? Link to comment Share on other sites More sharing options...
G+_Blake DeVoss Posted December 1, 2013 Share Posted December 1, 2013 Rob Szarka 0 cost. They are just using someone else's CPU. Paying someone to search sidewalks for pennies isn't worth it. But if they're willing to do it for free...? Link to comment Share on other sites More sharing options...
G+_Rob Szarka Posted December 1, 2013 Share Posted December 1, 2013 But are they getting anything out of it? You can't even join a mining pool with a CPU these days. Link to comment Share on other sites More sharing options...
G+_George Kozi Posted December 1, 2013 Author Share Posted December 1, 2013 Even if they don't, they are running on your electricity and putting wear and tear on your machine. Link to comment Share on other sites More sharing options...
G+_Ryan Murray Posted December 1, 2013 Share Posted December 1, 2013 You say you don't like it until you mine previously and make $1000 dollars in 6 months doing nothing Link to comment Share on other sites More sharing options...
G+_Rob Szarka Posted December 2, 2013 Share Posted December 2, 2013 Yes, I get that, George Kozi. But even slimeballs won't bother to write a program to steal your resources if it's not going to accomplish anything. I'm still trying to understand how they are making more than a few bucks at this. Do these programs use only CPU? How many nodes they have computing for them? Link to comment Share on other sites More sharing options...
G+_Ryan Murray Posted December 2, 2013 Share Posted December 2, 2013 Rob if they use enough bitcoin is at $1000 that's more than a few bucks Link to comment Share on other sites More sharing options...
G+_Andrew McGlashan Posted December 2, 2013 Share Posted December 2, 2013 BTC is dead in terms of mining; if you don't have the latest and greatest 500, 600, 2,000 TH/s ASIC machines in your hands, then you are too late to mine anything -- now it's just a currency trading game. Link to comment Share on other sites More sharing options...
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