Posted by CoinBits on Sep 7, 2012 in News Bits | Hey all… I am getting an error when I attempt to start up bit coin on my Mountain Lion setup… Agamemnon:poclbm JP$ /Applications/Bitcoin-Qt.app/Contents/MacOS/bitcoin-qt -server & 1 46626 Agamemnon:poclbm JP$ python /Applications/poclbm/…/Application Support/Bitcoin/bitcoin.conf” There was not a bit coin.conf file, so I created it and added the two requisite lines above. Still get the error “abi.dylib: terminate called throwing an exception” and bit coin crashes. Any help out there? Thank you.. CW See original article:

File photo. Nathan Menkveld, a senior computer science major, had an idea to harness Calvin’s computing power to generate extra cash by mining cryptocurrency, which could be put towards a department scholarship, as computer science chair Joel Adams suggested, or used to replace equipme…are between 75 and 85 degrees Celsius. The extreme heat left internal burn marks, but the damage was only cosmetic. Once Menkveld cleaned years of dust and dog hair from his laptop’s air vents, the GPU functioned normally and he was able to mine the equivalent of several dollars a day.

Three gamers have sued the ESEA League,one of the largest PC gaming leagues,for the surreptitious installation on their computers of malware that "mined" the virtual currency called bitcoins,netting a rogue ESEA employee some $3, 700 back in April. Their lawsuit seeks class action stat…phic equation,taking large and prolonged amounts of processing. Compiling a large network of computers,either knowing or unknowing,to divide the workload is one way of doing that more efficiently. The concept is that a computer sitting idle gives its GPU over to the mining application.

Using botnets to mine bitcoins is nothing new or interesting, but the latest entry in this wide category seems to be spreading quite rapidly through the Skype network. This iteration in the Bitcoin-mining-as-virus trend is really only unique because of the speed and method with which i…hough it may be, the beginning of the ASIC era of Bitcoin mining is likely to raise mining difficulty so high that this sort of thing is unlikely to continue. In the meantime, well, botnets are still evil and all but I suppose I’d rather see them securing the network than sending spam.