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Author Topic: How to kill LTC for dummies  (Read 2575 times)
lucif
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April 01, 2013, 11:22:18 PM
 #1

Throwing away business idea.

1000 malware installs costs somewhat below $100 on dark market.

Its a botnet of 1000 hosts for $100.

LTC Scrypt is designed to pessimise GPU calcs with CPU calcs. So CPU mining is easier.

1 Intel Core i5 bot will bring $5 a day.

1000 bots will bring $5000 a day.

So
1. Buy botnet for $100
2. Buy bulletproof server for $300
3. Install ltc mining pool there
4. Infect botnet with ltc miner
5. Get $5000 a day.

I don't have time for this shit so I throw it away. LTC is shit.
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temor
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April 01, 2013, 11:32:16 PM
 #2

Except you forgot how to math.

1 Intel Core i5 bot will bring at most $0.42 / day, if you get the entire CPU.


Please make a post in my Reputation Thread if we've had a successful trade.
lucif
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April 01, 2013, 11:46:30 PM
 #3

Intel Core i5 750    30 khash
11561 khash/sec = 109.9 LTC
1 LTC = $0.018

11561 khash = 109.9 LTC/day
30 khash = x LTC/day

x=30*109.9/11561= 0.28 LTC/day = $0,005 /day


Hmm.... Did I miss three decimals somewhere?
lucif
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April 01, 2013, 11:53:27 PM
 #4

Math adjustments.

1000 installs costs $8 on dark market (mix countries). Brings $0.5 a day.
bitcoiners
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April 02, 2013, 12:01:46 AM
 #5

I don't have time for this shit so I throw it away. LTC is shit.

Lol. Someone a little pissy their favorite exchange is taking in litecoin?  HAHAHAHAHA... Litecoin is here to stay, deal with it jackass.

Cheers and good luck.

Edit: oh and ignore.
lucif
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April 02, 2013, 12:03:35 AM
 #6

Yeah, I didn't take into account that bots may have GPU Smiley
MysteryMiner
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April 02, 2013, 12:48:36 AM
 #7

Most bots I see are Core 2 Duos or Celerons within corporate sector. Surprisingly many PhenomII CPUs, probably owned by gamers looking for crack. Slowest CPU - 700MHz Pentium3 and fastest FX-8130. Core i5 are very rare and not nowhere near 1000 units and even then most of i5 are mobile units in new laptops.

Constant CPU mining will damage botnet. Bots will start to disappear at greater rate because users might notice the constant 100% load. Might pull off 51% with extremely large botnet but with difficulty as it is now I don't know. I have no idea about hashing power required for this.

The whole idea is not so novel. There are people doing this and some have switched between BTC and LTC mining due to price and difficulty fluctuations.

1LEaxxAh1LKFUvDKYVhiMEVAHRM7K5o7cF
lucif
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April 02, 2013, 03:24:09 AM
 #8

Yes, but ltc (scrypt) is 10 times more vulnerable to botnet cpu mining comparing to bitcoin (sha2) due to more efficient cpu mining.
Sage
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April 02, 2013, 03:40:41 AM
 #9

Throwing away business idea.

1000 malware installs costs somewhat below $100 on dark market.

Its a botnet of 1000 hosts for $100.

LTC Scrypt is designed to pessimise GPU calcs with CPU calcs. So CPU mining is easier.

1 Intel Core i5 bot will bring $5 a day.

1000 bots will bring $5000 a day.

So
1. Buy botnet for $100
2. Buy bulletproof server for $300
3. Install ltc mining pool there
4. Infect botnet with ltc miner
5. Get $5000 a day.

I don't have time for this shit so I throw it away. LTC is shit.

You forgot to factor in the most critical metric... A good nights sleep.

Karma's a bitch they say.
CoinHoarder
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April 02, 2013, 03:40:58 AM
 #10

I fail to see how mining on a bot net will kill LTC.

People mined BTC on bot nets for years (and probably still do)....

Maybe if you gained 51%, but it would take many more bots than you suggest... plus the little tidbit that there is little to no incentive to do it..

moni3z
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April 02, 2013, 04:04:54 AM
 #11

People illegally mining LTC will just end up with it in an exchange for sale somewhere, and now we have more LTC i don't see how this kills it.
elvisrene
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April 02, 2013, 04:16:40 AM
 #12

you make it sound so easy but doing all these takes time and it is hard to find the right people for the right programs youll never have a botnet unless you have experiance with this and the kids that sell you mix countries for 0.03 have already sold it to 5 or 6 more people . These will bot kill you fast and you will end up losing all so yea go ahead kill liteoins i ll get you the botnet and ill give you the miners hahaah
saddambitcoin
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April 02, 2013, 05:00:08 AM
 #13

These threads pop up once a week, LTC rises

RISE

tacotime
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April 02, 2013, 05:02:58 AM
 #14

Looks like the price of bots is about to go up 100-fold.  Enjoy competing for stolen goods.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
shinkicker
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April 02, 2013, 06:35:50 AM
 #15

Quote
Throwing away business idea.

That is the best thing to do with it.

Quote
LTC Scrypt is designed to pessimise GPU calcs with CPU calcs. So CPU mining is easier.

What the hell is a 'pessimise'?

Quote
I don't have time for this shit so I throw it away. LTC is shit.

Coming from you good Sir, my confidence in LTC is even higher now.
BBQKorv
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April 02, 2013, 08:36:50 AM
 #16

Lol, good luck getting a botnet with i5 or better CPUs. Most of the GPUs are crap too.
TradeFortress
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April 02, 2013, 08:37:57 AM
 #17

Lol, good luck getting a botnet with i5 or better CPUs. Most of the GPUs are crap too.
Do you have any sockpuppets on bitcointalk? Seems like you slipped.
tgsrge
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April 02, 2013, 10:48:42 AM
 #18

1)bulletproof server costs more than $300.
2)as soon as the users notice their crappy, slow computers are being even crappier, slower they will do something about it (you/botherder will lose bots)
3)if people start doing this in any sizeable amount, this will cause an increase in the price for bots.
4)you wont get nearly the amount you think you will. botnet machines are, for obvious reasons usually much lower-spec hardware. cpu or gpu.


the botnet threat scenario is grossly over exaggerated.
BBQKorv
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April 02, 2013, 01:38:25 PM
 #19

Lol, good luck getting a botnet with i5 or better CPUs. Most of the GPUs are crap too.
Do you have any sockpuppets on bitcointalk? Seems like you slipped.

Botnets you can buy do have somewhat public information about the specs if you request them. I'm also interested in other areas of cryptography than just cryptocurrencies, thats why I have some knowledge in the whitehat sector.

Still the most vulnerable OS is that good old XP, and who is running XP on any decent hardware these days, come on  Wink
desired_username
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April 02, 2013, 01:54:38 PM
 #20

Why the hate against LTC? I can only see it as a positive addition to the crypto currency "ecosystem" Smiley
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