4 ms·
Good news: Bitcoin can't go Clippy because you can't get > X compute for X compute's cost in BTC, at virtually any margin, to say nothing of the scales required
by patio11 12y ago
Good news: Bitcoin can't go Clippy because you can't get > X compute for X compute's cost in BTC, at virtually any margin, to say nothing of the scales required to e.g. meaningfully impact availability at any major cloud provider. Ask if you care about the economic or engineering details, but typically, people running Bitcoin mining on public clouds are doing so to exfiltrate value from accounts or payment methods which they have stolen, in a way which is fairly difficult for law enforcement to combat. (That or they're enthusiasts who either don't particularly care about monetary incentives or should have spent a wee bit more time reading about currently successful mining strategies.)