And would ANYONE like to explain to me how doing a 51% attack on a new chain at very little price value will help my rep and the sustainability of either of the pools I run or any other cryptocurrency venture I might pursue.....
Did not mean you any offense, Graet. You run a high-quality pool. Happily hashing away litecoins at your place.
I suck at tact and my words come don't come out right sometimes.
Was more concerned with the tremendous jump in hash rate by "temp" that gave your pool 70% control at one point. It could have been any pool, just noticed it on yours because I mine there.
Kinda scary seeing that much power thrown at a popular, fledgling branch. Will be interesting to see how this affects Litecoin long term, if at all.
all good man - no offence taken - I was sort of rushing out to take kids to school when I posted, that was a general question.
Glad you are having a good experience at Ozcoin
But the "OMG 51% thing" is an issue I am dealing with a lot
The interesting thing was as pool hashrate climbed the "unknown" section of the graph at
http://litecoin.kicks-ass.org/graphs/graphs.html shrank.
at first we thought it was someone "showing " themselves as he was only on for a short time and then went back to "unknown".
I investigated "temp" as soon as i saw him start overtaking the pool hashrate. I do not think it is my place to release users details in public but I am satisfied this is a legitimate user.
I have also noticed hash spikes on other pools - had wondered if he was "testing" all the pools before he chose one to mine on.
Overnight (my tz) the network hashrate has increased and even with temp, Ozcoin cant currently get over 50%
I sincerely hope these are legit users - all pools need to be on the lookout for the other type