Wednesday, June 29, 2011

Bitcoins mining - there you go!

Not so long ago, I wrote a short post about my suspicions toward the BitCoin system, and that I thought someone would just harness others' machines' power to generate the random numbers associated with the "bitcoin mining". In short, every ten minutes, the system creates 50 units of currency that are given to the account whose machine created a number matching certain criterion.

My gut feeling at that time was that it wouldn't be long before someone runs a trojan to generate these numbers on hundreds or thousands of machines, to get the loot as many times as possible.

That's now a thing of the past ... someone did it. In his case, it didn't work well, but I'm pretty sure the bad guys will find something else. After all, there is money to be taken.