Title: Possibility for a different kind of mining? Post by: SoggyLettuce on August 05, 2013, 01:14:09 AM and At what point are we going to start seeing asics for malicious purposes? If mining starts getting bleak would this be an option and is their a way to change the way private keys work to make this harder/ is this already impossible/hard? Just something I was wondering about. Edit: Did a little research and it does not seem practical at all Title: Re: Possibility for a different kind of mining? Post by: crazyates on August 05, 2013, 02:13:56 AM Check out VanityGen. It lets you search for Private Keys for addresses that start with certain addresses. See the addy in my sig? I used it to import that address into my Bitcoin-qt.
Now someone else could download that program, and hunt for my exact address. The software already exists. The problem is, it's completely and utterly impractical. Even using GPU mining, it would take millions of years to crack an addy, IIRC. Title: Re: Possibility for a different kind of mining? Post by: SoggyLettuce on August 05, 2013, 02:25:18 AM Nevermind Title: Re: Possibility for a different kind of mining? Post by: FreedomCoin on August 06, 2013, 12:30:04 PM why not?
Title: Re: Possibility for a different kind of mining? Post by: DigitalHermit on August 06, 2013, 02:08:43 PM why not? It's not impossible, just highly improbable. You could potentially hash for millions of years just to find a single address/private key and by then you'll be long dead and so won't care. ;-) |