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gwern comments on Why you should consider buying Bitcoin right now (Jan 2015) if you have high risk tolerance - Less Wrong Discussion

4 Post author: Ander 13 January 2015 08:02PM

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Comment author: gwern 15 January 2015 08:22:57PM 1 point [-]

You need to account costs of getting caught.

Botnet operators hardly ever get caught.

at the peak of BitCoin pricing a lot of the hacked servers were being used for BitCoin mining.

Cite please. I was paying close attention during the boom to, among other things, the (non)use of botnets for Bitcoin mining, and I saw next to zero evidence of nontrivial usage.

most of those I saw were webservers hacked using the same small set of exploits, or same sets of default credentials.

Aren't botnets primarily home computers or routers?

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