Author

Topic: Ghash.io good or bad (Read 2191 times)

legendary
Activity: 1176
Merit: 1011
January 09, 2014, 08:42:53 AM
#7
Nothing wrong with the pool itself, but their closing in on 51% is VERY BAD.

Dear miners,
 
Nothing against GHash.io, not implying they would abuse their 51% power (if they would acquire it), and not saying they are malicious in any way.
 
But a single entity having 51% is something we should avoid at all cost. Let's NOT take the risk and wait until something bad happens. For all of us Bitcoin users, and especially you miners, it's paramount that the Bitcoin network remains stable, solid, trustworthy, and maintains its decentralized nature.
 
We urgently call upon you to switch to one of the smaller mining pools NOW, before it's too late. The reward difference for you as miners is minimal, especially compared to what happens if the 51%-shit actually hits the fan. Bitcoin is powered by all of us... Unless we deliberately hand over the power to a single entity and sit back until something goes wrong.
 
Please, don't ignore this and regret it later.
sr. member
Activity: 588
Merit: 250
sr. member
Activity: 361
Merit: 250
January 05, 2014, 12:39:48 PM
#5
np, for what it's worth I mine there myself. 0% fees does it for me Smiley
sr. member
Activity: 361
Merit: 250
January 05, 2014, 12:36:17 PM
#4
The pool is not bad but be prepared to sometime lose and other times to win. As a mining pool not bad as very good total hash.
Why should he be prepared to loose? Could you explain?

He's talking about buying/selling GHs - not mining.

member
Activity: 91
Merit: 10
http://www.jexpotz.com bitcoin faucet
December 30, 2013, 09:30:30 AM
#3
Good if we use great hardware for mining :d
sr. member
Activity: 258
Merit: 250
Breizh Atao
December 30, 2013, 09:25:04 AM
#2
The pool is not bad but be prepared to sometime lose and other times to win. As a mining pool not bad as very good total hash.
legendary
Activity: 2408
Merit: 1004
December 30, 2013, 09:04:44 AM
#1
do you think that ghash.io

is good or bad pool??// Cool Cool Cool
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