Post
Topic
Board Altcoin Discussion
Re: CPU only mining dead?
by
goosoodude
on 17/12/2014, 07:00:43 UTC
how exactly is he "abusing" the coin?

there is "use" and "abuse", please clearly define what you are saying. And of course lets not forget your reasoning that access to a botnet//server farm//as-many-computers-as-i-can == ILLEGAL BOTNET.

This is not an ethics discussion, it's mostly for those with a passion for CPU mining, GPU discussion is allowed since they are treated the same nowadays.

Botnet operator - spreads his malware and gets coins for free. Dumps them for whatever the price is. Regular miners compete with someone with free electricity and hardware.

GPU/ASIC mining - spends money for hardware and electricity. Miners compete with one another by investing, and they sell at good prices. They also stop mining at low prices reducing difficulty.