Im not a native english speaker, may be I have to clarify.
What I mean is, that the best way to make our bitcoin investement a succsess is to attract people into it.
The discussion I saw recently here is doing the opposite.
Thats what I mean.
the technical question of how an attack on mining pools could occur and how to counter it should be done between pool operators and technicians/coders on a seperate issue and not done in a relatively open forum. It drives people away from bitcoin.
I believe that the bitcoin is a good investement because it will attract people with its unique features.
And as it is in the meantime a multi billion industry it is in the interest of all people involved to protect the system.
If someone work to destroy the confidence of the community in bitcoin and in that way destroying your investement, Goldman Sachs,Deutsche Bank, HSBC should be the suspects.
Joerg
You are correct since this thread and two other threads have pointed out a true danger to mining. So talking about this out in the open will make some people afraid of BTC and mining.
Unfortunately the problem is not if multipool is a villian or completely innocent.
The problem is an attack can be done and mining pools have not come up with a great solution to stop it.
I run gear on 3 BTC pools and on 2 LTC pools. I do it to spread the risk on an attack. Or a mistaken set of mining software.
This risk is why I ask still for the solo option on these bigger pools it will strengthen the BTC network.
Since a solo pool is 100 percent safe from this problem.
In a week the new s-3's come out 500gh units will be cheaper then ever with .8 watts a gh.
If I buy 5 I and run them in 5 pools. It will help me with the risk from this problem.
Or I can run on 4 pools and 1 as a solo miner.
Running the 5 units that way makes me safe from
a:big bad miner
b: big dumb miner
c: big unlucky miner
My biggest complaint is not that the attacks happen not the the attack is good bad or just unlucky.
It is that pool ops have multiple ways to deal with this and so far I can't convince a single operator to setup a solo setup.
If one did we could ask multipool (or any other suspected bad luck miner) run in it for a week.
To show us you really believe your gear works. Any of us can direct a small percentage of our hash at it. Since it can't be attacked with dud gear.
Now I want to explain solo mining in this way. if you have the gear in your hands paid for and it gets 2 watts or better per hash playing that gear in solo mining is like buying a 3 digit number and getting 1100-1400 to one odds.
We all know that buying a 3 digit number from a lottery pays 500 or 600 to one and the real odds are 1000 to one. it is how governments make money running it. we all know buying 1 ticket you almost never win.
But any one that has purchased a 3 digit number would prefer 1100 to 1400 to one odds rather then 500 to 600 to one.
Does anyone understand me when I say solo mining is like getting 1100 to 1400 to one on a 3 digit miner?
you should since it is the founding principle that allows merged pools to work.
or if I give you 1100 to 1 on a 3 digit number and let you have 1 number and go partners with 999 other guys each with a different number. you make a 100 dollar profit as a team. that is because you are a merged pool playing a game that is rigged for you to win.
It is why we want to run merged since most of us can not buy enough gear to solo and hit a block. even though the overall odds are in your favor.
It is really frustrating to get this across. a few solo pool options from good pools would help to spread the risk of
bad gear/bad miner/bad software. For now running solo would cost me a pc running 24/7/365 dedicated to be fast enough to stay with the solo gear. Plus running my mining gear. I do not want to do this as it kills my favorable solo mining odds since I run the server and the mining gear. thus my watts per hash is over 3 watts a hash.