Who here is using Bitcoin?
#86
mkturbo.com
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All my personal bitcoins are stored in a private wallet, I simply send them out to whoever I am purchasing things from. I have yet to have a single coin stolen, or lost any coins to hacking. If you are smart about it, and actually cautious with your coins you will be fine.
#87
Boost Czar
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So my analogy was a bit off. I was more trying to make the point that it was a third party flaw, not a flow in the actual bitcoin protocol. Say for example you decide to put all your money into paypal and not a normal bank. Paypal is not a "bank" and does not get standard protections in the US. If someone found a flaw in paypals code and was able to funnel out all the money from paypal to some place else and Paypal went bankrupt you would also be SOL.
#89
mkturbo.com
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Rick (old owner of mt.net) actually is heavily into bitcoin and altcoin mining. Last time I talked to him he was pulling in $450-550 a day with mining. He was actually looking to rent a dedicated warehouse space with additional power so he could go form 10-15 mining machines to something like 50+ mining machines.
#94
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When I last checked there were no ASCI miners out that would mine the alt coins. Most alt coin currencies are designed to made using dedicated ASCI miners harder. So people were building desktop pc's with 4 ATI cards in them to mine with. The break even point was to long and the initial capital expense was to high for me to want to get into alt coin mining.
#97
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When I last talked to Rick he had about $25,000 tied into 10 alt coin mining machines. It would take about 2 months to make back your initial investment at current BTC values, and alt coin mining difficulty level.
#98
Boost Pope
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It's already been done several times.
Here's a report about a botnet mining operation that spread through a piece of malware on the Skype network: Bitcoin-mining malware spreading through Skype | ITProPortal.com
Here's one where the gaming company E-Sports Entertainment deliberately infected their own customer's computers and turned them into a mining net: http://www.geekosystem.com/easa-bitcoin-mining/
Here's one from January, where a piece of malware spread through Yahoo ads by way of a weakness in Java: Yahoo malware transforms thousands of computers in Bitcoin miners | BGR
Here's a report about a botnet mining operation that spread through a piece of malware on the Skype network: Bitcoin-mining malware spreading through Skype | ITProPortal.com
Here's one where the gaming company E-Sports Entertainment deliberately infected their own customer's computers and turned them into a mining net: http://www.geekosystem.com/easa-bitcoin-mining/
Here's one from January, where a piece of malware spread through Yahoo ads by way of a weakness in Java: Yahoo malware transforms thousands of computers in Bitcoin miners | BGR
#99
Boost Czar
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Rick (old owner of mt.net) actually is heavily into bitcoin and altcoin mining. Last time I talked to him he was pulling in $450-550 a day with mining. He was actually looking to rent a dedicated warehouse space with additional power so he could go form 10-15 mining machines to something like 50+ mining machines.
edit:
When I last talked to Rick he had about $25,000 tied into 10 alt coin mining machines. It would take about 2 months to make back your initial investment at current BTC values, and alt coin mining difficulty level.
yes you did. he told me it was a bit more than that.