this post was submitted on 03 Jun 2024

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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Large botnet taken down, Monero hashrate drops (news.sky.com)

submitted 5 months ago by [email protected] to c/[email protected]

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Looks like the botnet was mining on the two largest pools.

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[–] [email protected] 7 points 5 months ago (1 children)

Best time to start monero mining on your old PC!! No more unfair competition

[–] [email protected] 3 points 5 months ago (1 children)

Unfortunately, expected payout here is about 1/4 of energy cost with a machine from less than 5 years ago.

[–] [email protected] 0 points 5 months ago (2 children)

You gotta look at the future price of Monero ;)

[–] [email protected] 6 points 5 months ago

Buying XMR from exchanges with the money it would cost me to mine would result in me having 4 times as much XMR in the future at that value, so it's still not a viable proposition

[–] [email protected] 2 points 5 months ago

Might as well just invest then…