Remember when I spotted a GPU miner in the wild? Now it is all public. Glad I got in while the gettin was good with my 130 cpu botnet at the university.

I'll be mass selling 50k BSTY on Bittrex today at the most available price.

I mined for 8 weekends (although the last 6 were the ones that REALLY mattered). Yes we did measure the power consumption. Each computer cost us about $0.05 per day to run. I forget what the actual readings were, but at full load it was around 45 watts with the monitor off and yescrypt minerd running.

As much as I can give you right now:

We were using approx. 120 i5 cpus inside of generic HP all-in-one computers. We would typically mine from 4pm Friday until 8am Monday and would net about $30 each weekend.

Our BSTY mined to Date: 87,666.35236388 BSTY.

Our BTC wallet has about 0.72 BTC in it right now. Almost all acquired through BSTY mining. We would immediately sell at the end of the weekend.

Amazingly, for a while we were actually making some decent profits in relation to our power/time expenditure.

If you have any other questions, I'll gladly answer....

So according to my recent calculations, our experiment at the school for BSTY has become unprofitable. It was fun while it lasted. We ultimately mined 0.72 BTC worth of BSTY.

I'll have about 22k BSTY to sell tonight. I'd like to be getting around 1100 Satoshi per coin. Anybody interested in buying? I'll take BTC.

LOL. I AM sixstringsofire. Thats why I noticed the high hash rates, they're making my profit margin drop like crazy.

The top two hash-rates on suchpool.pw are from an "anonymous" user. 1 worker with ~288kh/s and another with ~286kh/s. To put this in perspective, I'm running around 120 computers (i5s fully loaded) and only getting 260 kh/s.


The way I see it there are two options:

1. This is the private GPU miner we've all been fearing.

-OR-

2. This is a botnet all reporting to the same worker.

Until the IPs are resolved, there is no way of knowing. Any thoughts?

If we were able to get some guidance on the subject, we would be very willing to create a mining pool at the University. We've talked about it as a next step in our implementation, but I (nor anybody else in our program) has set up a pool of ANY kind before.

I feel that the experiment is going great! At first we were mining ConspiracyCoin, and kinda stumbled onto BSTY by accident. Saw it listed on suchpool and saw Cpu-only. So I went for it with just a single lab of computers at first. That first weekend we netted about $15 in BTC so I figured we were on to something.

As far as learning is concerned, it is interesting monitoring and dealing with such large amounts of crypto for the first time. Considering that as "sixstringsofire" I've created about 2% of the market cap and at certain times have been almost 20% of the network hashrate.

My professors want me to write a power-point. Not sure about publishing a paper or anything, no real hypothesis other than "Will it make money?" To which we've answered an resounding YES.

My main worry about the coin is that a 51% attack seems very easy to accomplish if you're willing to bend a few rules and bot-net fully automatically. There is a user on altpooler that I suspect is doing exactly that. Either that or there is a private GPU miner somewhere out there.

Yup, we have permission to be doing the mining. At least with Computer Science Department resources. Granted it takes about an hour and a half to set up every weekend because we're not allowed to implement the mining as a fully-automated task. I have a Task Scheduler to kill the miners at 8am Morning. If you're interested in buying the mined BSTY you can contact me in pm or sixstringsofire@gmail.com

WTF?!? Who is "sixstringsoffire"?
a few days ago he was on suchpool with only 5 or 6 KH/s.. was blockfinder #1 and the percentage goes to the moon -.-
Now he`s back with ~200 KH and the number of workers goes from 22 to 122???
[/quote]
He is on fire?  
I am mining at 2.5-3 KH/s since a few days... not much, bust BSTY is such a nice coin!
I need to have some... it seems that some other people think the same.  
Greets
[/quote]

Greetings! I guess I should come out of the woodwork as "Sixstringsofire"
Proof:http://imgur.com/CQYrmqT,JqflZCx

I'm operating a semi-autonomous bot-net on behalf of my school's chapter of the ACM. It mines every weekend from Friday afternoon until Monday morning. BSTY has been a great experiment so far, after having tried X11 mining and other minor algorithms. Yescrypt and BSTY has netted us a nice amount of fund raising.

Some statistics worth mentioning...

We use ~80 computers with i5 processors for the mining. Our calculations worked out to be about $0.05 per day to run one of them at full load.

We place large sell orders (usually ~15k BSTY) Monday morning 11am MST on Bittrex.