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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1805. (Read 9724017 times)

legendary
Activity: 1318
Merit: 1040
I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

What does it matter if he splits his hashrate? That only hides the problem, because it's still only one entity controlling a third of the entire hashrate (like someone here wrote).

Miner himself can't do anything harmful, only pool op can because it's a pool who is constructing a new block to mine, not the miner.

Well, he can always switch to solo mining with that kind of hashrate and construct his own blocks, no?
No solo mining if he has thousands of miners in ppl gaming... Only pool, and at biggest pool it is less obvious ( well, should be )
He can setup a private pool...
legendary
Activity: 1030
Merit: 1006
I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

What does it matter if he splits his hashrate? That only hides the problem, because it's still only one entity controlling a third of the entire hashrate (like someone here wrote).

Miner himself can't do anything harmful, only pool op can because it's a pool who is constructing a new block to mine, not the miner.

Well, he can always switch to solo mining with that kind of hashrate and construct his own blocks, no?
No solo mining if he has thousands of miners in ppl gaming... Only pool, and at biggest pool it is less obvious ( well, should be )
legendary
Activity: 1318
Merit: 1040
I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

What does it matter if he splits his hashrate? That only hides the problem, because it's still only one entity controlling a third of the entire hashrate (like someone here wrote).

Miner himself can't do anything harmful, only pool op can because it's a pool who is constructing a new block to mine, not the miner.

Well, he can always switch to solo mining with that kind of hashrate and construct his own blocks, no?
Sure, but the question was "Why does it matter if he splits his hashrate?" Cheesy

By switching to solo-mining he will control "only" 1/4 to 1/3 of network hashrate.
full member
Activity: 127
Merit: 100
do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)

It would explain the increase and if that's the case he has the incentive to not damage the coin/network... but this is just speculation.


lets speculate a little further, suppose that entity is indeed setting up masternodes with the mined Dash that would mean that the liquidity of Dash
would be drying up pretty fast ... at least a lot faster then we perhaps imagined / have foreseen. It could also give that entity a lot of MN voting power
in the near future.

If you speculate another bit further, then you could say maybe they're accumulating faster than they can sell without crashing the price, so they park it in masternodes. Then you could also explain the regular 1000 coin sales on cryptsy. But no way to know for sure ofc :-)
full member
Activity: 127
Merit: 100
I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

What does it matter if he splits his hashrate? That only hides the problem, because it's still only one entity controlling a third of the entire hashrate (like someone here wrote).

Miner himself can't do anything harmful, only pool op can because it's a pool who is constructing a new block to mine, not the miner.

Well, he can always switch to solo mining with that kind of hashrate and construct his own blocks, no?
legendary
Activity: 2101
Merit: 1061
The main thing lacking in Dash for me is that sites like TradingView and BitcoinWisdom don't have a Dash feed. Where do you do Technical Analysis of Dash? Do i have to print screen a chart and draw trend lines with an arts package ?

We just added Poloniex's DASH/BTC market to our real-time charting service: https://cryptowat.ch/poloniex/dashbtc

We will add more DASH markets if there's demand.



Awesome thanks! Have bookmarked
legendary
Activity: 2548
Merit: 1245
do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)

It would explain the increase and if that's the case he has the incentive to not damage the coin/network... but this is just speculation.


lets speculate a little further, suppose that entity is indeed setting up masternodes with the mined Dash that would mean that the liquidity of Dash
would be drying up pretty fast ... at least a lot faster then we perhaps imagined / have foreseen. It could also give that entity a lot of MN voting power
in the near future.

Sure with that hashrate he starts ~1 new masternode each day Shocked on 0% investment  Grin (excluding the actual hacking thing)

it could also explain why the price of Dash isn't (currently) reacting to the increase of masternodes, that could change once the lack of liquidity really sets in
legendary
Activity: 1052
Merit: 1004
do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)

It would explain the increase and if that's the case he has the incentive to not damage the coin/network... but this is just speculation.


lets speculate a little further, suppose that entity is indeed setting up masternodes with the mined Dash that would mean that the liquidity of Dash
would be drying up pretty fast ... at least a lot faster then we perhaps imagined / have foreseen. It could also give that entity a lot of MN voting power
in the near future.

Sure with that hashrate he starts ~1 new masternode each day Shocked on 0% investment  Grin (excluding the actual hacking thing)

@overxltc on choosing Dash

legendary
Activity: 2548
Merit: 1245
do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)

It would explain the increase and if that's the case he has the incentive to not damage the coin/network... but this is just speculation.


lets speculate a little further, suppose that entity is indeed setting up masternodes with the mined Dash that would mean that the liquidity of Dash
would be drying up pretty fast ... at least a lot faster then we perhaps imagined / have foreseen. It could also give that entity a lot of MN voting power
in the near future.
legendary
Activity: 1052
Merit: 1004
do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)

It would explain the increase and if that's the case he has the incentive to not damage the coin/network... but this is just speculation.
legendary
Activity: 1318
Merit: 1040
I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

What does it matter if he splits his hashrate? That only hides the problem, because it's still only one entity controlling a third of the entire hashrate (like someone here wrote).

Miner himself can't do anything harmful, only pool op can because it's a pool who is constructing a new block to mine, not the miner.
legendary
Activity: 2548
Merit: 1245
do we see any evidence that this large mining entity which seems to be using hidden cryptominers to reach these insane high hashrates is dumping his mined Dash
on the market ? Or could he be setting up masternodes with them ? (it would explain the increase in masternodes lately)
full member
Activity: 127
Merit: 100
I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

What does it matter if he splits his hashrate? That only hides the problem, because it's still only one entity controlling a third of the entire hashrate (like someone here wrote).
legendary
Activity: 1030
Merit: 1006
What if he/they use many pools and many coins?
legendary
Activity: 1052
Merit: 1004
awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

P2P mining. Or choose another pool. Simple. Easy.

Then shoot off some emails if you think you can change that guy's mind, but it comes down to one person who may not even be watching this thread. It's not like Bitcoin where you just appeal to a group of miners, it's one fucking guy!

I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.



Maybe the miner doesn't care because he's running a HUGE business and isn't planning on doing anything shady.

We should be glad he's in a pool and not actively trying to disrupt the network solo, and it's actually not in his favor as a miner to cause problems. If he has low cost/free power, he is probably doing well with 28,000 high-end GPU's.

EDIT: Did I fall into a troll trap? You're a one-trick pony with your 51% nonsense every so often...  Smiley

Hidden Cryptominers in Game torrents
http://biersteker.tweakblogs.net/blog/archief/2015/06/
sr. member
Activity: 380
Merit: 250
awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

P2P mining. Or choose another pool. Simple. Easy.

Then shoot off some emails if you think you can change that guy's mind, but it comes down to one person who may not even be watching this thread. It's not like Bitcoin where you just appeal to a group of miners, it's one fucking guy!

I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.



Maybe the miner doesn't care because he's running a HUGE business and isn't planning on doing anything shady.

We should be glad he's in a pool and not actively trying to disrupt the network solo, and it's actually not in his favor as a miner to cause problems. If he has low cost/free power, he is probably doing well with 28,000 high-end GPU's.

EDIT: Did I fall into a troll trap? You're a one-trick pony with your 51% nonsense every so often...  Smiley
full member
Activity: 212
Merit: 100
awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

P2P mining. Or choose another pool. Simple. Easy.

Then shoot off some emails if you think you can change that guy's mind, but it comes down to one person who may not even be watching this thread. It's not like Bitcoin where you just appeal to a group of miners, it's one fucking guy!

I'm sure coinmine know the account holders email and hopefully had ask him to split up their hashrate onto other pools. I find it highly unlikely that this person does not know what they are doing. One does not simply "have" 25Ghs lying about without knowing their impact on the hashrate.

legendary
Activity: 1120
Merit: 1000
Quote
1      hanlab   26,801,515   452.393   4.7207

The problem isn't coinmine.pl...the problem is this one miner, who at present accounts for 1/3 of the entire DASH network hashrate just by himself.
sr. member
Activity: 380
Merit: 250
awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

P2P mining. Or choose another pool. Simple. Easy.

Then shoot off some emails if you think you can change that guy's mind, but it comes down to one person who may not even be watching this thread. It's not like Bitcoin where you just appeal to a group of miners, it's one fucking guy!
full member
Activity: 212
Merit: 100
awesome, 60% of the last 1000 blocks found by coinmine.

GG.

GG? The sky is not falling, feeleep is not going to attack the network and he added a 1% fee to disincentivize miners on his pool. It's still the monster miner (28 GH/s), so please bring constructive suggestions about how to change this person's behavior.

P2P mining. Or choose another pool. Simple. Easy.
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