What happened
When BTCGuild was upgrading the Bitcoind client to 0.8, the mining pool used its original upgrade plan. However, 0.8 is unique in that it reindexes the blockchain. This prompted a temporary state in which the pool was paying out for difficulty-1 shares, as that was the extent of the blockchain parsed.
Sixteen separate thieves subsequently emptied the hot wallet. 47 BTC have been returned to the pool. The pool would on the following day lose even more money thanks to a bug causing its recent upgrade to 0.8 to differ from nodes running 0.7 or lower.
Case & protocol details
Classification
Token
Protocol Type
Exploit/Other
Official Website
btcgold.biz/
Protocol Twitter/X
@btcgold1
Evidence & learning
Sources and on-chain records
- report Report bitcointalk.org
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