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Bitcoin

Submission + - Ask Slashdot: Enterprise Bitcoin Mining for Go-Green Initiatives 1

Supp0rtLinux writes: "Bitcoins are currently trading in the +/-$75 range. I work for a very large organization. We have a fairly large HPC that is usually about 50% idle, as well as about 18K desktops on 4 campuses connected with dark fiber. All stay on 24x7 for after-hours AV scans (weekly) and backups (2-3x a week). All are leases that refresh every 2 years so all have fairly good CPU & RAM specs. As part of a go-green initiative a proposal has come up to use all the PCs for bitcoin in our own mining group; sort of like seti-at-home style, but with a real dollar value return to us. Additionally, we would setup a queue in our HPC that dedicates 30% to BC mining when in use and up to 99.5% when no other jobs are running. The thought is that all the PCs are on 24x7 anyway and consuming resources so why not allow them to be useful 24x7 as well and generate bitcoins which can then be sold to offset the electrical costs of the running equipment and/or possibly even make a little profit. The guy with the idea says its a no-lose situation as if the price of bitcoins drops to below a certain level and is no longer a financially viable option, we simply stop the mining process. I'm curious what the Slashdot community thinks of this? Is it viable? Would we generate enough revenue to cover our electrical costs even with CPUs running at 100% utilization all evening? Are there any security risks? Any thoughts on network impact? The concensus is that the proposal sounds good, but no one has enough info to make a knowledgeable decision either way. Thus I'd like to know what Slashdot user's think.

As a follow-up question and one that came up after the initial proposal, this entire idea has us wondering why the botnet/malware guys aren't doing this already? It would seem like a trivial task to take a botnet of hijacked PCs and have them do BC mining instead of spreading more malware and generate real revenue for the owner's of the botnets wouldn't it?"

Submission + - Cops can record us, but we can't record them (journalnow.com) 2

Supp0rtLinux writes: "There have multiple, recent cases of people filming the police in various cities and having their cameras confiscated, being harassed, and even being arrested. Recent court decisions have ruled in the people's favor allowing us to film police in public. Yet some cities have continued to harass people doing so. Yet in Greensboro, NC the police themselves will be recording all the people they come in contact with thanks to your tax dollars. The true irony here is that people recording police could actually be illegal in NC. Is this the ultimate double standard?"

Comment The next app that FB is going to clone & knock (Score 3, Interesting) 102

Half the items shown at CES will be vaporware. Most of the rest will come to market too late to be of any value. The only thing worth seeing are the good ideas that some new or small company has come up with that Zuckerberg, Apple, or some other company can clone or otherwise knock-off and then present as their own (as FB likes to do) or as some new thing no one has ever thought of before (Apple I'm looking at you). I just hope it doesn't scroll or have rounded corners.

Comment If you're assassinated in a video game... (Score 1) 338

If you're assassinated in a video game, what happens to your assets? I can totally see a new a career here. First, I play video games all day long and get really good at them. Then, I offer to assassinate other players with the stipulation that I get to keep all their goods. So I get real world cash for the hit and virtual world goods from the person I just wiped out. And all while sitting on my ass playing video games. Hmmm I think I need to take this idea to a good VC firm before Zuckerberg steals my idea and integrates it into Facebook.

Comment Attempted Murder? (Score 1) 338

Considering that a 1st grader just got suspended from school for making a gun with his finger and saying "pow" http://abcnews.go.com/US/maryland-grader-suspended-pointing-finger-shape-gun/story?id=18123294#.UOcsEaXstuo , I can totally see the son pursuing his father in court for "attempted murder". And then he won't need a job. He can just sue and live off the money he gets from his father. Oh the irony...

Comment There goes my PS3 party (Score 1) 344

So with this in mind, I guess I can no longer take my game with me to my friends house to play??? Instead I have to go through the hassle of unwiring my entire console and bringing the whole console with me? Or worse what happens if my game console needs to be warranty replaced? Now I have to buy all new games? Sounds like a load of crap.

Comment Re:The 2nd Amendment could help cure this disease (Score 1) 299

Not true responsible, legal citizens cannot have guns in these areas leaving only the criminals to get them. And the criminals don't care about the proper, legal process of getting a concealed weapon permit. If you make it legal for people to privately carry and defend themselves, the crime rate will drop. There are statistics proving this: http://www.humanevents.com/2009/01/26/concealed-carry-permits-are-life-savers/ "But since adopting a concealed carry law Florida’s total violent crime rate has dropped 32% and its homicide rate has dropped 58%. Floridians, except for criminals, are safer due to this law. And Florida is not alone. Texas’ violent crime rate has dropped 20% and homicide rate has dropped 31%, since enactment of its 1996 carry law."

Comment Re:Christmas Bonuses For All (Score 3, Insightful) 130

Or if this other comment is true: "From what I hear, based on the StackExchange podcast, and the tweets that went out from SquareSpace and StackExchange during the whole idea is that Peer1 had a complete failure, and it was only due to the hard work of their customers (SE and SquareSpace) that the datacenter was able to remain operational. If your customers have to start carrying buckets of diesel up 17 flights of starirs, you, as a datacenter have failed. Peer1, left to their own devices would have just let the thing shutdown, and apparently head office wasn't aware of how bad things even were." then you better give your customers some free months of service for doing your job for you. Either way, figure out who kept it going and reward them handsomely or you suck!!!

Comment The 2nd Amendment could help cure this disease (Score 1) 299

Funny getting a concealed permit in NJ is next to impossible. In other recent news they're talking about the high crime rate in Chicago another city known for not allowing concealed weapons. Rather than study the problem, how 'bout letting the honest, law abiding citizens carry legally and watch the crime rate drop drastically as it has in other places? Places that allow private, honest, law abiding citizens that pass background checks to carry weapons have drastically lower crime rates. All the liberal, leftist, gun controlling areas that won't let someone have the right to defend themselves have higher crime rates. Statistics prove this. Stop wasting time and money researching murder as a disease and just let people exercise their rights and the rest will take care of itself.

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