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Most IoT devices wouldn't produce any significant revenues from Bitcoin Mining because they don't have anywhere near the computational power of dedicated Bitcoi
by deftnerd 10y ago
Most IoT devices wouldn't produce any significant revenues from Bitcoin Mining because they don't have anywhere near the computational power of dedicated Bitcoin mining devices.
A DVR might have a chance to make an impact if it had a GPU that was used to encode video that could be co-opted to mine Bitcoin, but I think most DVR's use special video encoding chips rather than a general purpose GPU.
I think the only hardware they would have that could mine Bitcoin would be their general purpose CPU, which is probably under-powered anyway.
A DVR would be more easily monitized as a node in a Botnet that does DDoS attacks, email spamming, or network scanning.
One resource they do have though is drive space. a DVR botnet could sell unused DVR HD space using a service like Maidsafe [1]
[1] https://maidsafe.net https://maidsafe.net