Bitcoin Forum
November 01, 2024, 12:12:32 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Somebody is mining at Microsoft's 138.91.94.19  (Read 2155 times)
AnswerQuestion
Full Member
***
Offline Offline

Activity: 141
Merit: 100

777Coin.com★ Fun BTC Casino!


View Profile
February 16, 2015, 03:58:28 AM
 #21

Microsoft is several billion dollar corporation, bitcoin mining isn't even peanuts for them...
This is not necessarily true. Yes the mining revenue would mean close to nothing to them however they could potentially use their own miners in order to confirm their own transactions and transactions they receive from customers.

pedrog
Legendary
*
Offline Offline

Activity: 2786
Merit: 1031



View Profile
February 16, 2015, 04:07:18 AM
 #22

Microsoft is several billion dollar corporation, bitcoin mining isn't even peanuts for them...
This is not necessarily true. Yes the mining revenue would mean close to nothing to them however they could potentially use their own miners in order to confirm their own transactions and transactions they receive from customers.

No one decides which miner confirms a transaction, it's a lottery.

Klestin
Hero Member
*****
Offline Offline

Activity: 493
Merit: 500


View Profile
February 16, 2015, 04:12:13 AM
 #23

Microsoft is several billion dollar corporation, bitcoin mining isn't even peanuts for them...
This is not necessarily true. Yes the mining revenue would mean close to nothing to them however they could potentially use their own miners in order to confirm their own transactions and transactions they receive from customers.

No one decides which miner confirms a transaction, it's a lottery.

Not true. Independent miners (or pool operators) can include transactions that have not been broadcast to other miners, if they so choose. Or, they can broadcast the transactions with no fee, which many miners will ignore, then include those transactions in blocks they mine.

Pool client miners, however, generally have no choice (nor do they usually get to see what transactions are included).
tadakaluri
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500



View Profile WWW
February 16, 2015, 04:22:51 AM
 #24

Is mining with Azure can worth?
pedrog
Legendary
*
Offline Offline

Activity: 2786
Merit: 1031



View Profile
February 16, 2015, 04:30:46 AM
 #25

Microsoft is several billion dollar corporation, bitcoin mining isn't even peanuts for them...
This is not necessarily true. Yes the mining revenue would mean close to nothing to them however they could potentially use their own miners in order to confirm their own transactions and transactions they receive from customers.

No one decides which miner confirms a transaction, it's a lottery.

Not true. Independent miners (or pool operators) can include transactions that have not been broadcast to other miners, if they so choose. Or, they can broadcast the transactions with no fee, which many miners will ignore, then include those transactions in blocks they mine.

Pool client miners, however, generally have no choice (nor do they usually get to see what transactions are included).

They still have to find a block to confirm the transaction and that's a lottery...

tss
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500


View Profile
February 16, 2015, 05:14:23 AM
 #26

I am not suprised Microsort start to mine bitcoins. They are smart and realise if there is some computing power idle it would be waste not to mine Bitcoins lol.

they don't have computing power to mine.  asics made cpu and gpu mining obsolete and i highly doubt they bought any mining equipment.  they would more likely just sell some products for btc and keep them rather than convert to cash.

Maybe somebody is just running a pool on Microsoft Azure?

this is most likely 99.9999999% answer
Kprawn
Legendary
*
Offline Offline

Activity: 1904
Merit: 1074


View Profile
February 16, 2015, 06:07:57 AM
 #27

Bill Gates has said, they are looking into the technology.

My guess is, this is a operation to test the mining aspect of the protocol and to find a way to change the protocol to create a NEW alt coin, that would suite their needs.

They will most probably go for a protocol where they have centralized control of the mining and something with NO anonymity. {Fully compliant with the KYC and AML requirements}

Do not be amazed, when you see a NEW alt coin coming from them, with these features. 

THE FIRST DECENTRALIZED & PLAYER-OWNED CASINO
.EARNBET..EARN BITCOIN: DIVIDENDS
FOR-LIFETIME & MUCH MORE.
. BET WITH: BTCETHEOSLTCBCHWAXXRPBNB
.JOIN US: GITLABTWITTERTELEGRAM
Q7
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile WWW
February 16, 2015, 06:57:00 AM
 #28

...

138.91.94.19 shows up lately as one of the top three or so "unknowns" that have won recent blocks (from blockchain.info's "Mining Pool Stats").

A Google search shows that is owned by Microsoft.

blockchain.info shows that they have won 20 blocks recently (just past noon US ET Sunday).  That puts them in first place among the "unknowns", those 20 wins beat both Slush and Eligius (19 and 16 blocks, respectively).

https://blockchain.info/pools

Maybe its someone at their office Tongue Now he will be caught and fired for mining bitcoin at work.

Looks like some inside staff is trying to earn side income. Mostly these are done by the IT staff having administrator access

R2D221
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500



View Profile
February 16, 2015, 02:01:52 PM
 #29

Pretty cool!
But does Azure allows this if they get to know?

Why wouldn't they?

An economy based on endless growth is unsustainable.
koelen3
Legendary
*
Offline Offline

Activity: 1022
Merit: 1007


Sooner or later, a man who wears two faces forgets


View Profile
February 16, 2015, 03:40:25 PM
 #30

That is pretty cool! though it's not actually microsoft but atleast the name's coming Undecided
Beymond
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250



View Profile
February 16, 2015, 03:41:39 PM
 #31

Pretty cool!
But does Azure allows this if they get to know?

Why wouldn't they?

People are saying , if an employee is doing so , they will fire him then why would they allow it on azure?
R2D221
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500



View Profile
February 16, 2015, 03:45:54 PM
 #32

Pretty cool!
But does Azure allows this if they get to know?

Why wouldn't they?

People are saying , if an employee is doing so , they will fire him then why would they allow it on azure?

Anyone can buy Azure cloud computing, so I don't get why people think it's a Microsoft employee (although even an employee could buy it for their personal purposes). Unless it's prohibited in their Terms of Service, I don't see any reason why they wouldn't allow it.

An economy based on endless growth is unsustainable.
findftp
Legendary
*
Offline Offline

Activity: 1022
Merit: 1008

Delusional crypto obsessionist


View Profile
February 16, 2015, 03:56:26 PM
 #33

... google has backed ripple...

Do you have more information about that?
pedrog
Legendary
*
Offline Offline

Activity: 2786
Merit: 1031



View Profile
February 16, 2015, 04:34:09 PM
 #34

... google has backed ripple...

Do you have more information about that?

https://www.ripplelabs.com/investors/

Google Ventures invests in a lot of companies...

findftp
Legendary
*
Offline Offline

Activity: 1022
Merit: 1008

Delusional crypto obsessionist


View Profile
February 16, 2015, 05:08:50 PM
 #35

... google has backed ripple...

Do you have more information about that?

https://www.ripplelabs.com/investors/

Google Ventures invests in a lot of companies...

Thanks
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!