Topic: BEWARE GHASH.IO!!!!!!!#TODAY#36Phash/s!!!!!!!=~44% of ALL NETWORK POWER if... (Read 3048 times)

I would doubt they would do this.

A more likely solution would be to repurchase their GH/s and take it offline and/or direct it to another pool.

Sorry for BUGS!

They are coming out with some ways to reduce the 51%, I believe they are going to implement some fees.

Ghash.io have already hit 51% now. Time for all those attacks.

Holding at 50%

What it this?

https://blockchain.info/address/1N47HdooZqn4ETeMKBvuWjRbRC6rGj19dn

Since blockchain.info manages to determine most block owners, you could assume that ghash.io is already over in the 50s.

Went to 50% Just now before BTCGuild and another pool mined a block.

Still holding at 49%, they just do not have enough to get into double spend territory.

https://blockchain.info/double-spends

Makes it easy viewing for when ghash.io goes over 50%

Ghash LOL.. If its only 36Ghash, I think they are currently at >0.1% Of network lol.  Its PetaHash, I agree it can be dangerous, its up to those miners to choose to leave the pool.

49%

1% to go.

https://blockchain.info/pools?timespan=24hrs

P2pool is a free pool with transaction fees plus donations

If you cared about Bitcoin you'd use it

Why doesn't the Community set up a free pool and throw in the miners fees too, which gives me another idea,
set up 10 pools which regulates their fees according to the amount of the NW they own.
If they own little, the fees are lower and more of the miner fees are given to the miners.
As the pool grows, the amount of distributed miners fees is throttled back to make it slightly less attractive..

Or something like that.

http://blisterpool.com/p2pdonate

As people have already said, miners need a reason to switch pools. In the last 3 days (since the tool was written), p2pool has paid 1.4% more per block found. Donations keep coming in, and they're being split to p2pool miners based on p2pool's own donate function. Stats on the page.

recently we saw many times condition like that
many blocks solved by ghash.io in the adjacent time

don't forget to include

https://blockchain.info/address/1N47HdooZqn4ETeMKBvuWjRbRC6rGj19dn

they show up as 'unknown'

new address soon!

WOW...last 4 blocks ALL Ghash.
32 min
33 min
37 min
57 min.

Jesus

It's not a "they" is a "me".
But feel free to tell the world I'm so amazing I got 20% of network 

-Dave

Heh, funny, all they need to do now is use blockchains graph for some false advertising
https://blockchain.info/pools?timespan=24hrs


Just sayin.....

...nice clip
"hiding their blocks"=same as a "MAKE UP" >they need to do it every fucking day and very very precisely, otherwise soon or later people will detect who is behind it....,but that's NOT A SOLUTION to the problem with gathering a TOO MUCH POWER (if not MAJORITY ) in just 1 hand ONLY = it's NOT DECENTRALIZATION !!!!!
...even with a 25% power, you still have a "GOOD CHANCE" to attack a network....just look at that http://arxiv.org/pdf/1402.2009v1.pdf
Therefore we need at least 100 different pools [*each one with different ownership and different location (even if most likely it will be a cloud hashing provider) and with a maximum 1% of ALL POWER!!! or at least a couple of P2Pools ] => only then we can talk "WE HAVE A SECURE AND DECENTRALIZED bitcoin NETWORK and WE ARE PROUD of IT" !!! Right? Do you agree with me???

I agree ...ANY move OUT of "GHash" right now IS a POSITIVE STEP!!!

FUCK ANY GHASH user
DEATH to you

Pretty sure that Bitpop is not shilling with 1008 activity

SHILL ALERT:

TalkTalk is an alias which ONLY posts pro GHash rhetoric and nothing else.

SHILL ALERT:


By the way, everyone here is an alias if you haven't noticed 

OK, here ya go:

http://unknownpool.com:9332
http://unknownminingpool.com:9332

-Dave

What would happen if someone started a pool simply called Unknown

http://blockchain.info/pools?timespan=24hrs

Hunt down every worthless piece of shit still using ghash and punish them

Scary.

Here's an idea.. it is estimated that there are at least 5PH/s of personal equipment on ghash. If we could get that 5PH/s moved over to mmpool.org which is the only other real merge mining pool, that pool would break through the "too slow" barrier and it should start seeing daily rewards.

wow that opening statement is  so hard to read. I'm going to have to make some coffee, get glasses and slowllllly read it.

pressing the enter key every now and again might help.
ok here we go, start to read it... here it comes!

yeah, they need to do a better job hiding their blocks.


https://www.youtube.com/watch?v=lQmaEtUUPyE

Are you SURE? ...to be clear: I'm not against GHash.io ,but against "CENTRALIZATION" the most power in just 1 hand only!!!
...right now ONLY GHash.io is approaching that,therefore bitcoiners
"BEWARE GHASH.IO" (at least for now...it's too BIG!!!!)

I agree with YOU ,but it's OVER my power...

That's GOOD!!!! ...a very POSITIVE step to DECENTRALISATION (a redistribution of CONCENTRATED power from the BIGGEST pool to the others...smaller pools) I believe several OTHERS will join to YOU also [even if you earn a bit less (=at least in a short time period) !!!]

I switched my miners to BTCGUILD but it is only 1Th It is not to much but if some few thousand others miners  do the same will be
ok
regards

OP is unreadable...

Yup. Put your time and energy into designing a pool that can compete on features with ghash (the pool, not cex).

That's what's needed, not yelling like this. It will just draw more people in.

There are several pools that just need a few more features and they could compete. Pools stopped innovating and ghash took over.

Of course people using GHash.IO because they provide what users want, good features, mining and trading, lots of alt coins, multi pool, tradeable cloud hashing. 
All this evil empire talk from BITCOIN*me* is just BS, same type of talk as with conspiracy theories of Aliens running the Government.
Let's talk facts about service, features, profit, opportunity and less rubbish talk.

The more people posting for not joining ghash network. The more people will join the fastest pool.
People is selfish. They only thing how to roi or get the more $$.

TROLL ALERT:

BITCOIN*me* is an alias which ONLY posts anti GHash rhetoric and nothing else.

TROLL ALERT:

Eligius is just such an awesome pool to use - it's simple, no fee, and has an awesome maker. I don't understand why anyone uses a different pool.

...the next difficulty will be ~ 82Phash/s!!!!
GHASH.IO power grows very VERY RAPIDLY (I remember a few days ago only they stated to have just something over 24Ghash/s and TODAY it's 36GHash/s!!!!) CRAZY ,isn't
....bitcoiners who are still support this "COMPANY" (usually via buying a NEW CLOUD HASHING MINING POWER from it) are SICK ,very VERY SICK & SHORTSIGHTED and nothing else probably the care ONLY short-time PROFIT(if some ever exists)!!!!! ....but GAME can be OVER much SOONER as YOU think!
I agree YOU CAN earn (loose less ) by buying some cloud hashing power from them(CEX.IO),mostly because they are running the biggest pool=>less variance=the most stabile payouts + probably a cheaper maintenance costs (in compare to paying an expensive electricity etc...) ,but currently they are TOO BIG (with approx.44% market share and still growing!!!)=>TOO DANGER for the bitcoin, for us!!!!
I believe THEY CAN BE A SMART & not DIVE BITCOIN under "51% ATTACK" =>as they can spread a portion of their hashing power into the others (known & UNKNOWN) pools (personally I believe THEY ARE ALREADY DOING!!! ,if they have "A LUCKIER day as usually....but what?WTF??? Is it mean a SECURE & DECENTRALISED BITCOIN NETWORK? ...just imagine*What can happen, if they'll stop to be a SMART & HONEST GUYS??? ...or if "SOMEONE BAD" takes OVER their ALL HASHING POWER @ (GHASH.IO and in "OTHERS" pools) and....(you know what I mean so...)
I'm NOT AGAINST strengthening of network hash rate as a whole=it's VERY VERY IMPORTANT for bitcoin's GROWN ,but I'm AGAINST CONCENTRATION of so MUCH(maybe already the most)POWER in just 1 HANDS ONLY, because without decentralisation there will be(almost) NO TRUST and NO DIFFERENCE from others...
and BITCOIN's (as a whole(protocol/currency...)) VALUE WILL DROP TO (almost) ZERO!!!!!!!
Don't YOU agree with me hmmm?
YOU will be A BETTER OFF ,if you BUY some bitcoins from an "exchange or ATM" as to put your "HARD EARN MONEY/BITCOINS" to buy some overpriced "UNPROFITABLE" & totally "OUT OF YOUR CONTROL" cloud hashing mining power from the "BIGGEST POOL OPERATOR"!!!!!Thank You