Thread 106384641

>belarussian man running a crypto scam
>running fake social media campaign with sock puppets on platforms
>somehow got 30-40% of the network hashrate on monero
>a 7950x alone can only get 20kh/s at best, and this eastern european has +30% of the network share, a feat that would cost MILLIONS to run and maintain, not even including the power cost

What the actual fuck is going on? Is this an actual APT attacking? Where did he find all these CPUs and the money to do this? There's some fishy shit going on.

>>106384641 (OP)
to quote from >>60848420

Let's be absolutely conservative and assume they got some insane deal on the following for $6,000 (CPU, MOBO, RAM)
>most cost effective and efficient configuration
Dual socket 9654 + 12 DIMMs (6 per CPU) @ 160kH = 1100W~ (at the wall)
>total cost
12,500 x $6,000 = $75,000,000
>total power
12,500 x 1100W = 13,750,000W / 1,000,000 (MW) = 13.75MW (basically a small town)
Any CPU less compute-dense than these would mean even more units, more cost and more power. Non-CPU theories would require EVEN MORE units and power, which is no more believable.

Monero is obviously owned by three letters agencies

>>106384641 (OP)
I'd assume it's the same thing as always - a botnet came online.

>belarussian man running a crypto scam
How do you know who's behind the hashrate increase?

>>106384820
The Monero IRC has been talking about him for a while. He advertises himself constantly on social media saying he's responsible for it. For some reason he keeps saying he's "Using AGI on the blockchain" to attack monero.
https://x.com/c___f___b

Apparently he was known for two previous crypto scams before this event.

>>106384656
At $0.2/kwh this is "only" $2800/hour in electricity. With cooling and other costs, lets say $5000/hour. Not cheap by any stretch but achievable by even moderately wealthy individuals who can scrape together enough compute to rent.

>>106384856
>chud_from_behind

>>106385323
cum_from_behind

>>106384856
yes, NXT and IOTA

>crypto shit
These things are fake. Nobody believes they have value. It is fake globo-money.

>>106385523
It's only dumb boomers and zoomers investing in these amerijew turdcoins

>>106385543
It's probably mostly Millennials that got rich off crypto. Most zoomers were too young and gen X and boomers were less likely to have heard or cared about it.

>>106384641 (OP)
Used every dirty trick in the book to try to break Monero, including running hacked-up mining software that actively reduced the efficiency of every other miner on the network. Trying to social-engineer people into joining his already enormous botnet, trying to get 51%.

Fuck this faggot and his faggot company.

>>106385523
crypto is useful for making anonymous-ish payments without involving any fintech hooknoses. site donations/VPNs/VPSes, that kinda stuff. electronic cash. doesn't matter if it isn't some crazy line-go-up investment thing, OG cryptocurrencies were never meant to be speculated on. shitcoins are a different story

>CPU
Isn't something of those things you can optimize with an FPGA/Dedicated Silicon and use 100x less electricity?

>>106385566
Millennials got "rich" (6-7 figures), but gen x was in the sweet spot of having both interest and money. The mega whales are gen x and a few boomers.

>>106385571
>reduced the efficiency of every other miner on the network
jesus christ you're fucking retarded

>>106385617
Monero's hashing algorithm was designed to be ASIC resistant.

>>106385670
Oh that's nice

>>106385670
and now they're facing the problem of botnets having enough power to rape the network

>>106385694
Just bring more people or sell everything and move onto another coin

>>106385651
>Spoonfeed me please!
no

>>106385694
The main weakness here is that the Monero network is quite small. Bitcoin network consumes at least 75x more electricity, so it's that much harder to 51%.

>>106384641 (OP)
So why don't you think it's the russian government mining monero because they're close to running out of fiat?

>>106385743
>they're close to running out of fiat?
Why don't they just print more?

>>106385718
Got the order of magnitude wrong, it's more like 800x more electricity at the very least.

>>106385694
it scales via memory.. you'd need petabytes.

>>106384656
>12,500 x $6,000 = $75,000,000
Wait so it only costs $225 million to get 90% control of monero? That's small money to some drug kingpins.

>>106384641 (OP)
Still no way to trace it.
Still no way to view wallet amounts without the view key.
Still safe to host your own private node.
The tech is too solid.

>>106385769
You can look at Zimbabwe as a case study

>>106385813
That doesn't include the price of electricity

>>106385523
its not fake money thats the problem, its real money with real stakes. the investments and programs arent real though, true. so what that means is people are investing REAL money into FAKE bullshit. money that could be creating a real business, is wasted speculating. sometimes it works out for smart people, but its gambling, and its based on social manipulation and rugpulling to make those huge gains now everyone wants

>>106386837
People are retarded, especially the low class addicted to gambling with the slightest hope to get rich (it never happens)

>>106386837
Heh, forensic limit. Greed in any half of the system erodes itself

>>106386837
>>106385523
are you talking about shitcoins or xmr? Because if you're talking about xmr it's hard to believe it's fake money if people are willing to deal with prison time for exchanging it on DNMs

>>106384641 (OP)
wownero won.

>>106384641 (OP)
russia trying to take over and z-tards and maga-tards hooraying cos their favorite cryptojew is gonna blast all dem woke trannies

>>106384641 (OP)
So when you see some asshole telling you to run windows 7 or XP on bare metal here, this is what that is for.

>>106387347
get your scam coin out of this thread

>>106384641 (OP)
>7950x
lol for XMR mining you need something like a 48-128 core epyc/xeon setup, you can probably rape his hashrate with 20-30 Epyc 9755 servers, the only problem is the initial cost of those setups which is like $40K for each one, you need $1M/2M total which is not too much for getting 20-25% of the entire network's hashrate

>>106385523
same as dollar dumbass

>>106385594
Yup. If a site, country or your bank blocks you from buying stuff based on where you're from or what card you use, crypto could circumvent everything.

>>106384656
>>106385313
>total power
>12,500 x 1100W = 13,750,000W / 1,000,000 (MW) = 13.75MW (basically a small town)
He could be freeloading off the national electricity network. That's how you'd usually get rich in post-communist states, you steal public resources.

>>106388243
Retard the secret police would raid his place if he drew that much power without state permission

>>106384820
>>106385694
Was surprised to see my posts from /biz/ in this thread, here's some more I prepared earlier (as below) >>60836395
>BOTNET BOTNET
The only worthwhile systems to infect are dumb fucks using game cheats and if that was the case the only time a botnet would get full compute is outside of gaming hours.
Let's throw out a rough estimation of the top games, CoD, CS2, Fortnite, PUBG, Valorant and absolutely conservatively (maximally for your argument) call it 24 million 'hackers' total. Now divide it up between however many cheat devs one could speculate there are and their client count.
Then consider that about 10% (based on Steam surveys) of that total is about 2.5 million hackers with high-end CPUs (12+ cores) that would be worth mining on in the first place. That's not even factoring that over 50% of that is still Intel with it's rubbish e-cores and abysmal cache.
>but they don't check their system utilization
But they'll definitely fucking notice their system shitting itself during their game and stop using that hack
>but you could just do minimized, dynamic core allocation or off-hour mining
On Intel with garbage hashrate even with full core allocation?? Ryzen will also do full cache allocation (per CCD) regardless of core count for XMRig. Very noticeable either from fan speed or performance drop even during basic tasks. If it's truly 'off-hour', slash the mining time to a fraction then.
>N-no they infect average PCs and laptops
So 5x-10x or even 20x the amount of systems and in a broad sweep botnet only mining? No other tasks? Get fucking real, if that was the case we'd have better network security.

PS - the calculus here is incredibly generous for concurrent cheater count and doesn't even factor in the constrained uptime for infected devices (compared to 24/7 miners)

>>106388996
Botnet is unlikely. You'd need 3kh/s averaged over 2 million large botnet to reach 51%. Depending on the hardware, 3kh/s could be pretty noticeable.

More realistically you could rent the compute for $5000/hour, which isn't too much for a rich person for only 24 hours. >>106385313

>>106389052
Not reporting, but there are rules for posting ponies. You can still delete post or file

>>106389040
>Botnet is unlikely
Yes that's exactly the point of that post
>More realistically you could rent the compute for $5000/hour
You can rent 1.2GH/s of bare metal compute for days on end? For just $5000/hour? I'd love to know where!

>>106389083
>rules

>>106389102
It's the cost of the electricity. I'm not really familiar with cloud computing costs or providers.

>>106388319
They wouldn't if his cousin is in charge.

>want to post Google sideloading ban on /pts/
>check /g/ for other anons' discussion
>see this thread
>"wow /biz/ topic on /g/, isn't it b&?"
>enter
>ponies
kek /g/ is really unmoderated

>>106389434
Well it's not really /biz/ because it's not about making money, it's about mining or something. I would love to see XMR pump and and have people post about the price constantly but until then I think it's still a /g/ coin.

>>106389668
sticky clearly says
>Cryptocurrency discussion belongs on >>>/biz/
but /xmr/ is probably the only /g/ general on /biz/ so lol

>>106389691
"Cryptocurrency" basically means digital scams now. We might need a new word for an actual crypto currency (and Monero is literally the only one right now).

>>106389808
You can just call the real ones cryptocurrency and the rest shitcoins, same as always.

Genuine question: What does it benefit this belarussian guy? If he does something that effects the integrity of the network, the coin will deprecate in value. If, like you guys said, he's spending millions to be able to pull this off, it would be detrimental to him. So why would anyone do something like this?

>>106389841
he /might/ be backed by the state
>drug dealers only use XMR and state's "effective" enforcement of 228 made Monero publicly known as the "drug coin"
>they actively try to regulate cryptocurrencies (RIP bestchange)
>people use crypto to buy VPNs (least likely, many proxies services still accept RUB)
t. Russian

>>106389841
He's promoting his shitcoin with this stunt is one answer. He's a front for something like a government agency is another possibility.

>two of the four GR15 images were deleted
huh?

>>106387756
retard alert

>>106386821
which is not a lot. this all proved that monero is unsecure and if it's not attacked it's because it's not that dangerous and the elite just doesn't care about it

>>106389385
Your mom is in charge

>>106384641 (OP)
i don't get it

>>106389841
promoting his shitcoin iirc