Mining cryptocoins with supercomputers

by
in ask on (#2TB)
It apparently takes a lot of work to mine for crypto-currencies like BitCoin, or my personal fave, DogeCoin. It's actually so much work now that using general purpose CPUs is completely fruitless, and even GPU-based mining is falling out of favour. However, what if you had access to a supercomputer? Perhaps you could just "borrow" somebody else's supercomputer for a while... they're already paying for it anyway, right? They probably won't even notice!

"http://arstechnica.com/tech-policy/2014/02/harvard-supercomputing-cluster-hijacked-to-produce-alt-cryptocurrency/"

Or maybe they will... uh oh.

(This submission first appeared in comp.misc... yes, on Usenet!)

History


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2014-02-23 09:15
Mining cryptocoins with supercomputers
bryan@pipedot.org
It apparently takes a lot of work to mine for crypto-currencies like BitCoin, or my personal favorite, DogeCoin. It's actually so much work now that using general purpose CPUs is completely fruitless, and even GPU-based mining is falling out of favour. However, what if you had access to a supercomputer? Perhaps you could just "borrow" somebody else's supercomputer for a while... they're already paying for it anyway, right? They probably won't even notice!

"http://arstechnica.com/tech-policy/2014/02/harvard-supercomputing-cluster-hijacked-to-produce-alt-cryptocurrency/"

>Or maybe they will... uh oh.<br/>
(This submission first appeared in comp.misc... yes, on Usenet!)>
Reply 2 comments

arg (Score: 1)

by wjwlsn@pipedot.org on 2014-02-23 05:30 (#4Z)

The URL didn't get linked like I thought it would. Can that be fixed if this is selected?

Re: arg (Score: 1)

by bryan@pipedot.org on 2014-02-23 09:10 (#50)

Yes. Editors get to fix typos, check links, and correct grammar before hitting the publish button.