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Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too - page 265. (Read 1601343 times)

member
Activity: 82
Merit: 10
Honestly I think Tycho has no responsibility to be below 50%, thats the responsibility of the miners that contribute to the pool to decide.  The fact that tycho is doing anything at all about this speaks volumes.

For a week I moved off of deepbit for the exact reason I did not want to be part of the biggest pool, but i came back when I found that no other pool really was as good.

If people really have an issue with this they need to create their own pool, with slush the way things are there are only 3 serious pools out there that I would consider.

I fully agree with you! Actually, i'm proud that i joined to deepbit, based on my very limited knowledge deepbit is really good pool.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
I'm sure once slush fixes his pool we will be well below 50% again Smiley

Either that, or my pool software magically gets done tommorow.
sr. member
Activity: 476
Merit: 250
I'm sure once slush fixes his pool we will be well below 50% again Smiley
newbie
Activity: 14
Merit: 0
BAM!
Pool rate: 502 Gh/s

Blocks   122609
Total BTC   6.130 mil.
 
Difficulty   109670
Estimated   153722 in 367 blks
 
Network total   1.183 Thash/s
Blocks/hour   8.37 / 413 s

100 Gh/s increase in less then 24 hours
GRATS  Grin

Cheers
member
Activity: 98
Merit: 10
Testing
Ok I think this might be a pool problem
I recently bumped up production by a lot and am having problems with my miners doing this:
"Problems communicating with bitcoin RPC"

I have 4 GPUs mining on the same worker name.
Should I be splitting this up? I'm getting very angry with all the small pauses. Is this DNS related or anything? Firewall is disabled.
No, you won't hit the worker limit with only that.

If this ever happens with you, you'll see a message in your miner recommending to use no more that 20 LP clients on one worker account.

As I understand, you have this problem on one of your mining rigs, but everything works fine on another ?

It just started on my second dedicated machine. I'm wondering if I'm having a transmission issue?
hero member
Activity: 742
Merit: 500
Ok I think this might be a pool problem
I recently bumped up production by a lot and am having problems with my miners doing this:
"Problems communicating with bitcoin RPC"

I have 4 GPUs mining on the same worker name.
Should I be splitting this up? I'm getting very angry with all the small pauses. Is this DNS related or anything? Firewall is disabled.
No, you won't hit the worker limit with only that.

If this ever happens with you, you'll see a message in your miner recommending to use no more than 20 LP clients on one worker account.

As I understand, you have this problem on one of your mining rigs, but everything works fine on another ?
hero member
Activity: 499
Merit: 500
We only know of the public pools. Maybe, there is a secret "dark" pool with an "evil" operator that already has 50+% of the network.   Wink

Hey, If there is, can someone get me an invite?    Cheesy
member
Activity: 98
Merit: 10
Testing
Ok I think this might be a pool problem

I recently bumped up production by a lot and am having problems with my miners doing this:

"Problems communicating with bitcoin RPC"


I have 4 GPUs mining on the same worker name.

Should I be splitting this up? I'm getting very angry with all the small pauses. Is this DNS related or anything? Firewall is disabled. Should I be using VPN?
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Honestly I think Tycho has no responsibility to be below 50%, thats the responsibility of the miners that contribute to the pool to decide.  The fact that tycho is doing anything at all about this speaks volumes.

For a week I moved off of deepbit for the exact reason I did not want to be part of the biggest pool, but i came back when I found that no other pool really was as good.

If people really have an issue with this they need to create their own pool, with slush the way things are there are only 3 serious pools out there that I would consider.
member
Activity: 98
Merit: 10
Testing
I recently went from 600 Mh/s to about 2.8Gh/s at full speed

I need help diagnosing a problem tho, most of the time I'm going at 2.2 due to a problem I can't solve https://bitcointalksearch.org/topic/bizzare-problem-with-openclmining-7542
sr. member
Activity: 392
Merit: 250
The discussion is about THIS POOL and its huge percentage of the network mining effort.  The discussion belongs here.  Right now, it seems money is the motivating factor with the growth of this pool, not just by the users, but by the owner himself.

And things always get ugly when the topic becomes money and a centralized entity has control over a bunch of individuals incomes.

I think it's funny that people believe in the capitalistic ideal of buying hardware and putting it to work, then complain that deepbit is getting too big when most of them are most likely in the pool and contributing to the "problem" and now they want regulation.

Congratulations Tyco, you have become big enough to be hated. No matter what you do you most likely won't be able to please a majority. Keep up the good work!
member
Activity: 98
Merit: 10
The discussion is about THIS POOL and its huge percentage of the network mining effort.  The discussion belongs here.  Right now, it seems money is the motivating factor with the growth of this pool, not just by the users, but by the owner himself.
hero member
Activity: 499
Merit: 500
Can someone please explain more about this "Attack" against the bitcoin network and what a "evil" pool operator could actually do?

As I understand it... they may double spend coins they already have but that would only fool someone into accepting the trade for a short time and quickly become noticed by the receiving party.

They can't reverse any previous transactions already in a block or create coin. Right?

Probably should be a new thread and keep this one for real pool discussions related to this pool only.
sr. member
Activity: 350
Merit: 250
If you operate the largest bitcoin pool and you get caught skimming coins because you don't realize the oppotunity, you deserve to lose your pool and your place in bitcoin history. Not to mention you will lose a nice chunk of change from what is the "3%" of ever growing mining machine known as deepbit.net. Tycho added something like 4ghash in the last couple days. How much did you guys add? Would you mess it up if it were you?

Tycho doesn't seem to want to mess this up definitely has a right kind of mentality as an operator from what I can see. He's trying to improve communication with pool participants and focusing on the pool's reliability and transparency. He's doing well lately and I feel that it's well deserved after watching how he operates and improved his pool. He does charge the highest percentage in fees, but you really get what you pay for and at the end it's a very small price to pay for some certainty in an activity with so much left uncertain. Reliablity is worth it to me every time. He makes himself available and keeps the pool running 24/7. You never see threads about deepbit being down with problems and it's not a coincidence that deepbit is #1 right now imo.
hero member
Activity: 742
Merit: 500
Wait, does somebody seriously think Tycho is going to start double spending? I grant you that he might attempt it, in some parallel universe, but that would be the end of Tycho. So I think it's very unlikely.
It may sound crazy, but I've seen governments throughout history do a lot of crazy shit, and for less reason. I'd just rather there not be the potential for such an action.
I'll repeat my answer from the previous page, just in case :)

Quote
To mitigate the possible problems deepbit currently runs on servers located in different jurisdictions and we (deepbit admins) reside in other two different jurisdictions, so pool is relatively protected.
So we can move all the mining power from one country to another in a few seconds. And of course I'll have enough time to warn users.
hero member
Activity: 588
Merit: 500
Ah, you mean the government attacking Tycho? Yes, it's possible, and it's a risk. Though if it happened, all the miners would scatter like birds to any other pool. They are, after all, the reason Deepbit is as large as it is.
legendary
Activity: 1099
Merit: 1000
I don't know how this would work or even if it would solve anything but maybe the suggestion will spark a thought somehow.

Maybe the pool could be split in some way. Maybe make a second pool and migrate miners over to the new pool to even them out. [Tycho] would be running two pools but somehow it would be transparent to the miners

Example, and please don't associate my numbers with accuracy or fairness, create a second pool server and for every 2 > 1GH/s miners allow 4 < 900 MH/s  miners to work in the same pool. Another way to look at it is to group 1-5 big time hashers with 8-10 smaller hashers and separate these groups on different servers.

This is only meant to help the thinking process.

Cheers.

Splitted pools need to be under different administrative control, I suggested Tycho may license the pool system
to a trusted, interested community member.
legendary
Activity: 1099
Merit: 1000
My prediction is that if his pool gets close to, or more important exceeds the 50% mark that there will be a sell off of bitcoins and a steep drop in price.  Tycho, do not let this happen.

That is not going to happen if network is not compromised.



People may sell their bitcoins just to avoid the risk.  You cannot avoid the human emotional factor in shy market.


Pls remember that this risk was inherent to the design of the network, much before deepbit ever existed.
sr. member
Activity: 336
Merit: 250
yung lean
The thing about distributed systems like bitcoin is, weak points are identified as damaged and routed around. the network is fluid. if tychos pool is used to attack the network then tychos pool will instantly dissolve. slushes pool just went down, is the bitcoin network broken now? no, the damage was identified and routed around.
newbie
Activity: 14
Merit: 0
I don't know how this would work or even if it would solve anything but maybe the suggestion will spark a thought somehow.

Maybe the pool could be split in some way. Maybe make a second pool and migrate miners over to the new pool to even them out. [Tycho] would be running two pools but somehow it would be transparent to the miners

Example, and please don't associate my numbers with accuracy or fairness, create a second pool server and for every 2 > 1GH/s miners allow 4 < 900 MH/s  miners to work in the same pool. Another way to look at it is to group 1-5 big time hashers with 8-10 smaller hashers and separate these groups on different servers.

This is only meant to help the thinking process.

Cheers.
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