As we speak, the botnet hashrate seems to be higher than even the total MPH hashrate. They could potentially take over the network, right? Is anything being done to resolve this issue?
change the algo...
This has been a problem for quite some time and I agree an algo change is way overdue. What algo would you suggest to keep things more balanced? From a power usage aspect CryptoNight seems reasonable to me, but that has its own botnet issues.