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Topic: GHash.IO and double-spending against BetCoin Dice - page 3. (Read 112009 times)

hero member
Activity: 759
Merit: 500
hate the game not the player
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
https://blockchain.info/pools?timespan=24hrs
Currently in the last 24 hours
80 blocks out of 164 were by GHash.io
(the site will update  each block so when you look it will be different)
legendary
Activity: 1582
Merit: 1000
Well hello there!
I have a feeling that those miners that have been around for any amount of time (>=3 months) or so have already moved at least some portion of their miners off of ghash.io (I certainly have).

However, I don't think many of the newer miners are going to be interested in switching pools.  Fact is it's just too damn incentivizing to want to mine on a pool not only with 0% fee's, but that also gives you 3 bonus coins at the same time, not to mention solves blocks more frequently than any other pool.  Obviously many other pools do some variation of this but when you start getting a serious influx of miners, interested in nothing but those three little letters R..O..I this is what your gonna get.

My honest opinion is that we should start putting far more serious pressure on some of these other pools to reduce their overall fee's but hey that's just me.

*It would be preferable actually if all pools had 0% fee's and operated on donation(s) only, but those very same people probably couldn't find it within themselves to actually donate even a single satoshi.
sr. member
Activity: 350
Merit: 250
Decentralized thinking
Why don't we get a site like coindesk to write about the 51% attack as it would get alot of attention. Maybe this would convince new miners to avoid ghash?
legendary
Activity: 1974
Merit: 1075
^ Will code for Bitcoins
Double spending or not, 41% is too much power on single pool. People have to come to their senses and diversify.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Than put it into "hall of fame" or FAQ or somewhere...dont revive it for fucks sake. Every fucking time i see this title, i think it happened again....

OK, changed the subject so that it won't confuse you if someone necros it again (so long as its a reply from this branch).
Dispelling confusion wherever possible.
legendary
Activity: 1260
Merit: 1029
Than put it into "hall of fame" or FAQ or somewhere...dont revive it for fucks sake. Every fucking time i see this title, i think it happened again....
newbie
Activity: 38
Merit: 0
OMG. Again this thread.
Original post time:
Quote
November 08, 2013, 12:07:58 PM
Let it die for gods sake.
Every time ghas gets close to 50% this thread reapears...like freakin zombie you can't kill. Arn't there enough threads on this subject around? Only 100? Do we need to revive this one every freaking time?

I think this thread is important for new members like me and closing it would only harm!
member
Activity: 66
Merit: 10
I don't see any negative impact from having this thread bumped when we're in the red zone. People can read the thread and form their own opinion of the situation.
legendary
Activity: 1512
Merit: 1011
OMG. Again this thread.
Original post time:
Quote
November 08, 2013, 12:07:58 PM
Let it die for gods sake.
Every time ghas gets close to 50% this thread reapears...like freakin zombie you can't kill. Arn't there enough threads on this subject around? Only 100? Do we need to revive this one every freaking time?

that's why modo. must use the "locked" feature when a too old threat jump from the cave ...  Grin
newbie
Activity: 30
Merit: 0
Yup im a new user, and im really happy i found this. Thank you very much.
hero member
Activity: 686
Merit: 500
WANTED: Active dev to fix & re-write p2pool in C
I'm very happy that this thread keeps popping up as it can only help new miners in deciding who to trust - and obviously ghash.io/cex.io can't be.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
OMG. Again this thread.
Original post time:
Quote
November 08, 2013, 12:07:58 PM
Let it die for gods sake.
Every time ghas gets close to 50% this thread reapears...like freakin zombie you can't kill. Arn't there enough threads on this subject around? Only 100? Do we need to revive this one every freaking time?

you can kill it by spreading your hashes and by educating new miners on this subject, this will simply prevent things like this from happening and not by ignoring/being angry whenever you see this thread.
legendary
Activity: 1260
Merit: 1029
OMG. Again this thread.
Original post time:
Quote
November 08, 2013, 12:07:58 PM
Let it die for gods sake.
Every time ghas gets close to 50% this thread reapears...like freakin zombie you can't kill. Arn't there enough threads on this subject around? Only 100? Do we need to revive this one every freaking time?
full member
Activity: 168
Merit: 100
This is not looking good for ghash.io :/
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Blame me for not being loud enough of the issue.
And all of us who recognized it and aren't better than we are at shouting loudly into the right megaphones.

Too much polyana because we don't want to scare the new blood may be our downfall.
Awareness of the problems and addressing all of them in all the ways that make sense my lift us up.

WE are responsible.  It is OUR protocol.
DrG
legendary
Activity: 2086
Merit: 1035
Don't know who should be faulted more: GHash.IO for not curtailing their growth or stupid people in the mining community who are pushing their growth.

I never mined there and the more I learn about their operation the more I'm disgusted by it.
legendary
Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
Yes, at the very beginning of the thread. Also, ghash.io/cex.io eventually admitted that it was their staff that did it. After first laughing it off & denying it, then lying about it.

That would scare me a fair bit if they laughed it off and then said we didn't mean anything by it
Guess it means be careful not to give them enough hash to be able to have the option to do that
... too late ...
member
Activity: 60
Merit: 10
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Yes, at the very beginning of the thread. Also, ghash.io/cex.io eventually admitted that it was their staff that did it. After first laughing it off & denying it, then lying about it.

That would scare me a fair bit if they laughed it off and then said we didn't mean anything by it
Guess it means be careful not to give them enough hash to be able to have the option to do that
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