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Topic: Ghash.IO is awesome. (Read 6921 times)

sr. member
Activity: 644
Merit: 260
June 21, 2014, 07:47:45 PM
#34
Purify with the sacred flame brother Mathias.....  Roll Eyes

Do you guys feel the same about Walmart, McDonalds, etc?

Why, does Walmart and McDonalds attempt to double spend Bitcoins and execute a 51% attack on the network?   Roll Eyes

AFAIK CEX.IO/GHash.IO hasn't launched an attack on BTC, nor expressed any such intentions.  I can't speak to the double spending, other than to say it doesn't make sense for an exchange; Mt GOX implosion scenario, et al.

RE: Walmart and Mickey D's; both have been accused using their enormous market share to drive smaller competitors out, through under-pricing; a fiat currency 51% attack, if yo will.

I haven't heard calls for burning Ronald McDonald at the stake, nor expressions that its good to die opposing the construction of a Walmart.  Why such rhetoric for CEX.IO/GHash.IO?  Seriously. 

You sound like a witch

It's probably because he mines at GHash, is why he's defending it so ardently.

Ooh pretty website with pretty features, 0% fee NICE!   Roll Eyes

Ooh, what's this button do (clicks it), "51% ATTACK ON BITCOIN NETWORK ENABLED, PREPARE FOR DOUBLE SPENDS LIKE A MUTHAFUCKA!"   Ghash.IO users: "dafuq did we do, we killed Bitcoin...." Cry Cry Cry

Every miner should stay away from GHASH. Their stats may look nice and pretty but mining there is a true danger to Bitcoin
newbie
Activity: 25
Merit: 0
June 21, 2014, 12:31:28 AM
#33

You sound like a witch


Nah, just a noob trying to understand the various critters & creatures that lurk around here.  Grin




It's probably because he mines at GHash, is why he's defending it so ardently.



I have 500 GH/s of capacity working at Polmine now, another 260 GH/s coming online next week, either solo or at Polmine and a WOPPING 68 GHS at CEX.IO.  Hardly makes me their patron saint.   Smiley




legendary
Activity: 2912
Merit: 1060
June 20, 2014, 12:52:45 PM
#32
Purify with the sacred flame brother Mathias.....  Roll Eyes

Do you guys feel the same about Walmart, McDonalds, etc?

Why, does Walmart and McDonalds attempt to double spend Bitcoins and execute a 51% attack on the network?   Roll Eyes

AFAIK CEX.IO/GHash.IO hasn't launched an attack on BTC, nor expressed any such intentions.  I can't speak to the double spending, other than to say it doesn't make sense for an exchange; Mt GOX implosion scenario, et al.

RE: Walmart and Mickey D's; both have been accused using their enormous market share to drive smaller competitors out, through under-pricing; a fiat currency 51% attack, if yo will.

I haven't heard calls for burning Ronald McDonald at the stake, nor expressions that its good to die opposing the construction of a Walmart.  Why such rhetoric for CEX.IO/GHash.IO?  Seriously. 

You sound like a witch

It's probably because he mines at GHash, is why he's defending it so ardently.

Ooh pretty website with pretty features, 0% fee NICE!   Roll Eyes

Ooh, what's this button do (clicks it), "51% ATTACK ON BITCOIN NETWORK ENABLED, PREPARE FOR DOUBLE SPENDS LIKE A MUTHAFUCKA!"   Ghash.IO users: "dafuq did we do, we killed Bitcoin...." Cry Cry Cry

Lol weak hands lose Bitcoin
hero member
Activity: 1372
Merit: 783
better everyday ♥
June 20, 2014, 12:44:39 PM
#31
Purify with the sacred flame brother Mathias.....  Roll Eyes

Do you guys feel the same about Walmart, McDonalds, etc?

Why, does Walmart and McDonalds attempt to double spend Bitcoins and execute a 51% attack on the network?   Roll Eyes

AFAIK CEX.IO/GHash.IO hasn't launched an attack on BTC, nor expressed any such intentions.  I can't speak to the double spending, other than to say it doesn't make sense for an exchange; Mt GOX implosion scenario, et al.

RE: Walmart and Mickey D's; both have been accused using their enormous market share to drive smaller competitors out, through under-pricing; a fiat currency 51% attack, if yo will.

I haven't heard calls for burning Ronald McDonald at the stake, nor expressions that its good to die opposing the construction of a Walmart.  Why such rhetoric for CEX.IO/GHash.IO?  Seriously. 

You sound like a witch

It's probably because he mines at GHash, is why he's defending it so ardently.

Ooh pretty website with pretty features, 0% fee NICE!   Roll Eyes

Ooh, what's this button do (clicks it), "51% ATTACK ON BITCOIN NETWORK ENABLED, PREPARE FOR DOUBLE SPENDS LIKE A MUTHAFUCKA!"   Ghash.IO users: "dafuq did we do, we killed Bitcoin...." Cry Cry Cry
full member
Activity: 221
Merit: 100
June 20, 2014, 12:27:05 PM
#30
51% isn't even the issue for me... The large run of orphaned blocks and the large runs of solved blocks make me worried that GHash.io is making selfish miner attacks.  We need to get them below 30%,  and/or update the protocol.

http://organofcorti.blogspot.com/2014/06/june-15th-2014-weekly-network-and-block.html
http://hackingdistributed.com/2014/06/16/how-a-mining-monopoly-can-attack-bitcoin/
legendary
Activity: 2912
Merit: 1060
June 20, 2014, 12:24:41 PM
#29
Purify with the sacred flame brother Mathias.....  Roll Eyes

Do you guys feel the same about Walmart, McDonalds, etc?

Why, does Walmart and McDonalds attempt to double spend Bitcoins and execute a 51% attack on the network?   Roll Eyes

AFAIK CEX.IO/GHash.IO hasn't launched an attack on BTC, nor expressed any such intentions.  I can't speak to the double spending, other than to say it doesn't make sense for an exchange; Mt GOX implosion scenario, et al.

RE: Walmart and Mickey D's; both have been accused using their enormous market share to drive smaller competitors out, through under-pricing; a fiat currency 51% attack, if yo will.

I haven't heard calls for burning Ronald McDonald at the stake, nor expressions that its good to die opposing the construction of a Walmart.  Why such rhetoric for CEX.IO/GHash.IO?  Seriously. 

You sound like a witch
sr. member
Activity: 462
Merit: 253
June 20, 2014, 12:21:11 PM
#28
This is why we can't have nice things.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
June 20, 2014, 12:20:33 PM
#27
the pool should reach 51% again to put a lot of pressure to the core devs to find a solution for this ongoning centralized pool issue.
legendary
Activity: 2912
Merit: 1060
June 20, 2014, 12:17:46 PM
#26
Burn op
newbie
Activity: 25
Merit: 0
June 20, 2014, 12:00:26 PM
#25
Purify with the sacred flame brother Mathias.....  Roll Eyes

Do you guys feel the same about Walmart, McDonalds, etc?

Why, does Walmart and McDonalds attempt to double spend Bitcoins and execute a 51% attack on the network?   Roll Eyes

AFAIK CEX.IO/GHash.IO hasn't launched an attack on BTC, nor expressed any such intentions.  I can't speak to the double spending, other than to say it doesn't make sense for an exchange; Mt GOX implosion scenario, et al.

RE: Walmart and Mickey D's; both have been accused using their enormous market share to drive smaller competitors out, through under-pricing; a fiat currency 51% attack, if yo will.

I haven't heard calls for burning Ronald McDonald at the stake, nor expressions that its good to die opposing the construction of a Walmart.  Why such rhetoric for CEX.IO/GHash.IO?  Seriously. 
full member
Activity: 210
Merit: 100
June 19, 2014, 10:59:10 PM
#24
It's good to die for bitcoin

control yourself.  seriously...
legendary
Activity: 2912
Merit: 1060
June 18, 2014, 08:02:37 PM
#23
It's good to die for bitcoin
legendary
Activity: 1512
Merit: 1012
June 18, 2014, 11:42:10 AM
#22
it's called luck

DOA (dead on arrival) is pretty high in ghash.io ... in slush, variable difficulty even with "low mining hashrate" is a good thing.
in jan/feb, i have used multiples pools to view the difference (on 2 weeks for each).
hero member
Activity: 1372
Merit: 783
better everyday ♥
June 18, 2014, 11:18:30 AM
#21
Purify with the sacred flame brother Mathias.....  Roll Eyes

Do you guys feel the same about Walmart, McDonalds, etc?

Why, does Walmart and McDonalds attempt to double spend Bitcoins and execute a 51% attack on the network?   Roll Eyes
newbie
Activity: 25
Merit: 0
June 18, 2014, 11:15:25 AM
#20
Purify with the sacred flame brother Mathias.....  Roll Eyes

Do you guys feel the same about Walmart, McDonalds, etc?
legendary
Activity: 2912
Merit: 1060
June 18, 2014, 04:25:27 AM
#19
Let's put all ghash users on fire
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
June 18, 2014, 03:40:18 AM
#18
You are on that pool for 13 hours and you think that's enough to end up with saying that they are awesome? Japanese culture would put you on fire for that, it's called trust. Wait some time like you did at other pools and than you can compare. As miner you should know that mining has luck included in outcome, so you might be just lucky/unlucky, depends which side you are looking at. Don't say your life was awesome if you hit lotto today, wait till tommorow till tax will fall.
legendary
Activity: 924
Merit: 1000
June 17, 2014, 10:47:48 PM
#17
ghash.io pool is awesome but cex is terrible. It was nice when there were no trade fees or maintenance fees but not its ridiculous. Since they go hand in hand who knows what will happen.
legendary
Activity: 2912
Merit: 1060
June 17, 2014, 06:10:03 PM
#16
Death to ghash and its users

So Bitpop, when BitFury plows $20M of VC money into industrial-scale mining, will that be a good thing, i.e less total share mined by CEX.IO?  Not meant to be a troll, I genuinely want to know what you think about it.

Possibly they'll kill difficulty more competition

That's kind of how I see it as well, which is why I'm having such a hard time understanding all the outright hate and discontent over what is likely a short-term condition.  I suggested on another thread that the NSA was a bigger threat than CEX.IO & got outright roasted for it.

I can't wait for difficulty to double and kill them and their greedy users

Maybe Bitcoin did think of this with difficulty, you can quickly deprecate older technology
newbie
Activity: 25
Merit: 0
June 17, 2014, 05:54:40 PM
#15
Death to ghash and its users

So Bitpop, when BitFury plows $20M of VC money into industrial-scale mining, will that be a good thing, i.e less total share mined by CEX.IO?  Not meant to be a troll, I genuinely want to know what you think about it.

Possibly they'll kill difficulty more competition

That's kind of how I see it as well, which is why I'm having such a hard time understanding all the outright hate and discontent over what is likely a short-term condition.  I suggested on another thread that the NSA was a bigger threat than CEX.IO & got outright roasted for it.
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