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Topic: don't mine at BTCGuild (Read 5325 times)

sr. member
Activity: 274
Merit: 250
November 20, 2013, 02:47:18 PM
#31
FUD

There are reasons why people with solo-mining capabilities are using BTCGuild. Simple interface, easy to setup.

What is the benefit of mining with BTCGuild over let's say Elgius?

Well, for one, eleuthria doesn't go around implementing restrictive transaction inclusion policies as a knee-jerk reaction to FUD.

https://bitcointalk.org/index.php?topic=334316.0;topicseen
newbie
Activity: 15
Merit: 0
November 20, 2013, 03:50:48 AM
#30
FUD

There are reasons why people with solo-mining capabilities are using BTCGuild. Simple interface, easy to setup.

What is the benefit of mining with BTCGuild over let's say Elgius?
sr. member
Activity: 434
Merit: 250
November 20, 2013, 03:34:04 AM
#29
Nah, BTCguild is the best place to mine... Smiley
sr. member
Activity: 274
Merit: 250
November 19, 2013, 01:54:02 PM
#28
I mine at deepbit

That was definitely worth resurrecting this thread for. Welcome to bitcointalk!
full member
Activity: 336
Merit: 100
November 19, 2013, 01:37:03 PM
#27
I mine at deepbit
hero member
Activity: 752
Merit: 500
bitcoin hodler
September 19, 2013, 03:47:55 AM
#26
The hashrate should spread more. Slush, 50BTC, Eligius, EclipseMC, Bitminter are all good and responsible pools

Or use a real decentralized solution like P2Pool. Even if 100% would mine there, the network would be perfectly decentralized.
 
Really, it saddens me, that despite claiming different, most miners seem to not care about the Network and can't even live with a bit of variance.
Bitcoin is still in its infancy and miners need to take responsibility to help keep the server secure by spreading out the hashrate.

+1 exactly
full member
Activity: 210
Merit: 100
September 18, 2013, 04:51:09 PM
#25
The hashrate should spread more. Slush, 50BTC, Eligius, EclipseMC, Bitminter are all good and responsible pools

Or use a real decentralized solution like P2Pool. Even if 100% would mine there, the network would be perfectly decentralized.
 
Really, it saddens me, that despite claiming different, most miners seem to not care about the Network and can't even live with a bit of variance.
Bitcoin is still in its infancy and miners need to take responsibility to help keep the server secure by spreading out the hashrate.
member
Activity: 85
Merit: 10
September 18, 2013, 04:44:08 PM
#24
shouldn't need to limit the hash rate artificially. Let the arms race run its course.
donator
Activity: 1218
Merit: 1015
September 17, 2013, 11:55:10 AM
#23
Why do we talk about 6 confs for a double-spend? Maybe for Gox. There are plenty of places which'd accept 2 or 3 confs as "reliable confirmation." Ele could already pull off the 33% attack.

(not that I care, except out of curiosity, and I enjoy reading the new ways Ele plans to cripple service to intentionally lose hashrate share if it breaches certain thresholds)
full member
Activity: 140
Merit: 100
full member
Activity: 140
Merit: 100
September 17, 2013, 11:39:59 AM
#19
Bitminter is the shit  Grin
legendary
Activity: 1750
Merit: 1007
September 17, 2013, 11:39:06 AM
#18
I just wish that BTCGuild can shut down their getwork to reduce some hashrates. Its bad for bitcoin economy.

Getwork dies on BTC Guild on October 14th.  But it won't make much impact, it's currently ~1% of the total pool hashrate.
hero member
Activity: 910
Merit: 1000
Items flashing here available at btctrinkets.com
September 17, 2013, 11:21:04 AM
#17
member
Activity: 85
Merit: 10
September 17, 2013, 11:10:18 AM
#16
FUD

There are reasons why people with solo-mining capabilities are using BTCGuild. Simple interface, easy to setup.
legendary
Activity: 1232
Merit: 1001
September 17, 2013, 07:54:19 AM
#15
The hashrate should spread more. Slush, 50BTC, Eligius, EclipseMC, Bitminter are all good and responsible pools

Or use a real decentralized solution like P2Pool. Even if 100% would mine there, the network would be perfectly decentralized.
 
Really, it saddens me, that despite claiming different, most miners seem to not care about the Network and can't even live with a bit of variance.
hero member
Activity: 752
Merit: 500
bitcoin hodler
September 17, 2013, 07:42:59 AM
#14
They do have high hashrate. But they have responsible owner and only 37% of the network. Still, i would advice people to mine at pools like bitminter who have really little hashrates

that's what I'm trying to achieve here. The hashrate should spread more. Slush, 50BTC, Eligius, EclipseMC, Bitminter are all good and responsible pools
sr. member
Activity: 274
Merit: 250
September 16, 2013, 04:08:42 PM
#13
If anyone tells me that the current hashrate spread is healthy then I don't think we're talking about same system. I don't have anything against Eulethria and I would never accuse him of doing anything wrong. However miners should be smart enough to spread the hashrate more...

Why exactly is it upon miners to spread the hashrate more?

eleuthria has a nice system going: Reasonable commissions, nice UI. Running a successful pool can be a lucrative business, but apparently only a handful of people are actually doing a decent job of differentiating their product from others'.
legendary
Activity: 952
Merit: 1000
September 16, 2013, 11:47:35 AM
#12
Bwahaha! I remember those days. We've come so far, eh?  Wink
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