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Messages - Botley

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BitShares PTS / Re: Coyote Miner | PPS Mining Pool
« on: November 14, 2013, 09:09:12 pm »
or the pool should ask the user how many ip's are being used for submitting shares.
If >100 then a solid explanation should be made. Otherwise if not confirmed, everything above the first 10 ip's should be discarded...
Same trick can be done in some formula for submitted shares / minute.

I agree, but unfortunately pool owners don't have any incentive to do this.  It is to their benefit to allow the botnets on as they will get all the blocks and thus all the fees.

Our only hope would be that a pool owner had more morals and ethics than greed.

Botnets line the pockets of the botnet owners and the pool owners, hurt those of us who mine legitimately, and reduce the value of the crypto currency.  Not only that but it puts another thorn in the side of legitimacy of this type of currency and how it can be used globally.

Ultimately that devalues the coin for everyone including the pool owners.

It's up to the pool owners now...

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BitShares PTS / Re: Coyote Miner | PPS Mining Pool
« on: November 14, 2013, 04:17:22 pm »
Keep in mind, botnets are not free either.  The "owners" of these botnets face opportunity cost like everyone else.   

There are costs associated with everything. These costs, though, are more than made up for through the other activities of the botnets. DDOS, keylogging/identity theft, ransomware, spammers, etc. Mining is a small portion of it, but one that is adversely affecting this market.

Quote
They mine and dump and so the botnets may profit, they do so at the expense of Invictus which would be ridiculed for pre-mining if we had simply sold into the market.   

Then maybe you should get in touch with the pool operators, share your vision, and get them on board.

As it stands now, botnets are hurting you but helping pool operators that allow them.

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BitShares PTS / Re: Coyote Miner | PPS Mining Pool
« on: November 14, 2013, 04:13:46 pm »
If I am reading that right,  468 Shares earns .062161 PTS  the PPS for ypool is .00013

Havn't quite figured out their reward method.

Regardless, its free mining for them. So they dont care.  They are starting these miners with a single thread and create limited cpu usage per computer. When you add all the computers in the botnet up, though, they become significant.

Pool operators benefit from the fees from rapid block creation.  The rest of us suffer as we are left with the scraps.

This is the nature of the game unless pool operators get on board and remove obvious bots.

I don't see this happening.

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BitShares PTS / Re: Coyote Miner | PPS Mining Pool
« on: November 14, 2013, 03:47:46 pm »
How do you tell the difference between a botnet and 1000 EC2 instances?

If what you say is true, I would guess that ypool and its users are responsible for the DDOS attack against my pool the other day. 

It is a shame that pre-mining is considered so bad.   In the future, it may be better to design a GPU-friendly algorithm.  That should at least slow-down the bot nets.   

You can tell easily when you have access to the virus samples.  These virus samples contain the username that they are mining under at Ypool. From there its easy to see.

Here is an example:



From ypool's stats, this person is making  per block around:

Code: [Select]
miyayi 468.000000 0.061261
There are other's making much much much more.

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BitShares PTS / Re: Coyote Miner | PPS Mining Pool
« on: November 14, 2013, 02:18:45 pm »
I just want everyone to know that 1 out of 3 blocks I find is orphaned.   As a result even with a 30% fee I might not break even.   At this point the pool is a public service.

I suspect that if you look at the PTS per hash that you get from other pools you will see the same thing.  They only pay you for the blocks found.   I am doing the same thing.

I will continue to monitor the situation carefully.

Our friends at Ypool are grabbing all the blocks because they are filled with botnets. I know you say that PTS were designed to be bot proof, but that does not appear to be the case. Ypool is down now. Otherwise I would post some examples of the hashrates certain users are getting.   Some of these are confirmed bots.

The owner of pools that allow botnets are only doing it out of greed.  These botnets steal the vast majority of the PTS from each block and then those of us who are mining legitimately are left with leftovers.

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