Whale's MH at coinmine.pl is dropping to zero, but total network MH is unchanged at 1500?!
Is the network MH number just wrong, or did the whale just switch to other pools or solomine?
I was just thinking about that, I'd say solo, or theres a chinese pool we dont know about.
If he goes solo hes protected from someone ddosing the pool hes mining at.
I was hoping Monday in China meant computers had to be released to students at univ. Since he moved 800MH without changing overall network MH, it means he is here to stay and going solo.
This actually might be good news as it means he is helping us reach the lower diff faster. Hopefully, he will keep it at 800MH.
Wait!
Now that he is solo mining, isnt a 51% attack that much easier for him to do??? He is doing (total MH) - (sum of all pools MH) = ~70% of all blocks. He can easily generate longest chain, at least nowhere to spend it other than exchanges. Whats worse is by using 33% selfish mining technique, he can always stay just ahead of the rest of us and get a disproportional share of blocks, eg. even more than 70%.
The way he is managing his MH, it almost seems like he is throttling it not due to cost, but just trying to stay above 50%.
James
