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Topic: >50% attack - page 2. (Read 5278 times)

vip
Activity: 980
Merit: 1001
October 12, 2012, 08:59:06 AM
#5
lol
any miner that can read and uses cgminer can set this up - there is an extensive README file in the folder, at times I have even helped people set this up

I am not sure why you have such a low opinion of miners
you obviously know little of mining or pool operators - extreme opinions though

this is an old subject, if you took any effort to look through these forums you would see it well covered
vip
Activity: 980
Merit: 1001
October 10, 2012, 07:32:13 AM
#4
yeah old subject is old
all the good mining software allows to set backup pools, pool 1 goes down it automatic switches to another, pool 1 comes up it auto switches back, pool 1 stays down pool 2 goes down it auto switches to pool 3 etc etc some people set 10 pools
also most of the smarter miners setup p2pool and then solo as last failovers - they are never not mining

move along - nothing to see here Smiley
hero member
Activity: 819
Merit: 500
October 10, 2012, 07:12:30 AM
#3
Denial of service attack of the pools... Reduce overal network hashrate... Then you would need substantially less hashing power to get >50% right?

I am naive about the network.... But can you trace back large solo miners from the network as well via IP? That way you could knock out a couple of them as well... Just thinking outloud.
legendary
Activity: 2506
Merit: 1010
October 10, 2012, 01:11:51 AM
#2
This is probably a dead horse...

Past dead.  But as long as you took another swing ...

They would probably stockpile a more modest/resonable number of asics/fpgas and launch attacks targeting the top pools.

More hashing against pools helps the pool rather than hurt them.  Or are you talking DDoS, and not doing hashing?

hero member
Activity: 819
Merit: 500
October 09, 2012, 11:42:17 PM
#1
This is probably a dead horse... But if anyone wanted to attack bitcoin...


They wouldn't just do it by stockpiling a shitload of asics... They would probably stockpile a more modest/resonable number of asics/fpgas and launch attacks targeting the top pools.

Unless I'm thinking about this wrong you would only need to take out the top 3 or 4 pools and you could cut hashrate really substantially.

If there is a reason this is not feasible please enlighten me. I am rather new so maybe I'm missing something like... How long you'd have to have greater than 50% network hashrate... etc.
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