Why Litecoin (LTC) Could Reach 1,000 USD Faster Than You Think

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A Harvard University student is in hot water for using the Ivy League school's 14,core supercomputer to mine Dogecoins. Odyssey began its life as an Intel Xeon—based supercomputing system, and was at one point ranked among the Top supercomputers list. The system has since been expanded to some 14, cores and is managed by Harvard's Research Computing office as a high-performance Linux cluster for researchers.

According to a copy of an internal email posted to Reddit shortly after the incident was discovered, the unusual activity was discovered by a researcher, and was reported to administrators who soon uncovered the Dogecoin mining operation.

A reference to the Doge meme, the currency bills itself as the favored cryptocurrency of Shiba Inus worldwide. That someone would seek to employ a supercomputer cluster in a mining operation is hardly a surprise, given the current market for Bitcoin and the various altcoin formats. With the growth of Bitcoin and other cryptocurrencies, demand has grown for increased compute power to be devoted to mining systems. As the practice has grown in popularity, mining rigs have grown from desktop systems to specialized devices that pack high-performance CPU and GPU hardware in hopes of generating money from the complex hashing operations associated with the mining of coins.

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17 comments Litecoin mining rig motherboard components

Report bitcoins explosive growth was caused by bots

To write something to another person, it is enough to know his nickname on the stock exchange. Can only have 1free account every IP address Sign up now. Large investment banks spend millions of dollars in super computers to have a competitive edge over other traders.

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