Botnets in pools

[creamynebula]

If a single user has several times more the hashrate of the average miner or even of the next more heavyweight miners in the ranks, a big supply of coins will be concentrated on him.
This reduces incentive for the average person to mine and secure the network, creates instability in trading since he can control the market with his huge stash, and, more importantly for the future of each coin and the cryptocurrency movement, the coins are concentrated on someone who wont actually use them as a currency, which is necessary for a coin to make it big and establish itself as a real useful one...

If you administrate a pool consider not allowing such things in your pool, particularly if it seems that it is a botnet the source of the huge hashrate.

[1714857288]

1714857288

[1714857288]

1714857288

[1714857288]

1714857288

[1714857288]

1714857288

[1714857288]

1714857288

[hostmaster]

agreed botnets harmful not only miner also pool also in general

[eleuthria]

Botnet and source of huge hashrate shouldn't be in the same sentence.  A single KNC Jupiter is faster than the majority of botnets.  Botnets haven't been a "source of huge hashrate" since mid-2013 when ASICs became widely available.  They've mostly moved on.  The botnets still around today are mostly ones that were spread in late 2012.

[HellDiverUK]

Hunderes of botnet CPU miners isn't even going to approach the speed of even a cheap ASIC. 

[creamynebula]

Hunderes of botnet CPU miners isn't even going to approach the speed of even a cheap ASIC. 

not true for adaptative-n-scrypt, scrypt-jane and quark coins, as far as I know there is no ASIC being used to mine those.

[eleuthria]

Hunderes of botnet CPU miners isn't even going to approach the speed of even a cheap ASIC.  

not true for adaptative-n-scrypt, scrypt-jane and quark coins, as far as I know there is no ASIC being used to mine those.

If your concern isn't about Bitcoin mining, this should be in the Altcoin forums.  This is the BITCOIN -> Mining -> Pools section.