Very large multi-coin mining pools have been moving in and picking off easy (low-difficulty) profitable MEC blocks. As they do that, KGW ultimately retargets at a much higher difficulty, causing the mining pools to move on to a different coin. You could definitely call that an 'attack' on the coin, but each time it is mitigated by KGW. Unfortunately when the big pools move on to something more profitable, the difficulty is left much higher than normal, and it can take quite a bit of time before you see the next block solved. Once that happens however, KGW then drops the difficulty drastically and at the moment the entire process repeats itself. Big mining pools detect the new low difficulty and move back in.
I see. Txs get confirmed though after some waiting so it's still functional.
I'd suggest to rent some hash and put on your miners and put it on the coin to mitigate the effect of the poolhoppers!
Maybe drive up the base hash a little so we get more evenly blocks?
Put more base-hash on it, guys to combat that shit.
I don't think you understand how massive this attack is. 700 to 800gh/s is approximately 160 to 200 times our normal hash rate. It would be quite expensive to match. Better to let them take the loss, and wait for the fix. As I said, it is only driving up demand, and price.
The network is working fine, it's just taking longer to adjust, depending on the size of the hash rate/difficulty change. Currently 825gh/s
(Sorry for the poor choice of words..)
