Which shareholders you are talking about?
If you mean the shareholder option as "Alibi" for few weeks now. In real they should own about 99.9% of their hashpower themselves.
Its like they don´t want to be significant more then 25% of the total hashpower because this will noticeable and the community might think about how to handle this, but I am pretty sure they have the ressource for having even a lot more then 25% hashpower.
At least its possible to handle this kind of abusing with a kind of "network limit for hashing"
This way you could prevent big hashing networks and prevent the whole community even for bigger dangers like the NSA with their own hashing datacenter.
Topic: Ghash.io owner might have more then 1 million bitcons - page 2. (Read 5359 times)
How can he own those coins? Doesn't it get sent to the investors right away?
Ghash.io will hardly keep its hashpower share in the long term. And they must pay out shareholders of course....
Its position doesn't worry me at all.
Its position doesn't worry me at all.
Nobody knows who owns ghash.io, but it seems like there is 1 or more privat persons behind it.
Given the fact that every day 3500 Bitcoins are being mined and ghash.io doing about 25% of it http://blockchain.info/pools it means they earn every day 875 Bitcoins, thats 315.000 a year, given the fact that we have the same amount of Bitcoins being produced the next 3 years, this person(s) will own more then 1 million Bitcoins in 3 years.
I even read on this forum that ghash.io tried even to manipulate a bitcoin casino with not confirmed but sent bitcoins.
Thats something which should scare the Bitcoin community. At least it seems like not so difficult to own a hugh percentage of mining power, when a government or an organisation like the NSA starts to do their own mining pools, they could easily have more then 50% even. I think thats a question of time when it will
Given the fact that every day 3500 Bitcoins are being mined and ghash.io doing about 25% of it http://blockchain.info/pools it means they earn every day 875 Bitcoins, thats 315.000 a year, given the fact that we have the same amount of Bitcoins being produced the next 3 years, this person(s) will own more then 1 million Bitcoins in 3 years.
I even read on this forum that ghash.io tried even to manipulate a bitcoin casino with not confirmed but sent bitcoins.
Thats something which should scare the Bitcoin community. At least it seems like not so difficult to own a hugh percentage of mining power, when a government or an organisation like the NSA starts to do their own mining pools, they could easily have more then 50% even. I think thats a question of time when it will
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