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Topic: How high can ghash's market share go before the price falls? (Read 1225 times)

sr. member
Activity: 411
Merit: 250
FLF
newbie
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Merit: 0
sr. member
Activity: 336
Merit: 250
So sane miners switched pools when it reached 45% last time - how close to 51% is it going to get this time before they switched?

What (other than variance) makes you think it is any different this time?
https://blockchain.info/pools?timespan=4days
http://blockorigin.pfoe.be/top.php


And we are now at 50% and the switch has not yet happened

I'm curious as to what you think the motivation of these miners would be to crash bitcoin with a 51% attack? these guys make a lot of money doing essentially nothing, you think they'd just destroy that system and throw all their money into the fire? for what? just to say haha we killed bitcoin? there has to be a motive, and the only logical one would be all the miners decided they'd rather be poor. i don't see it.
sr. member
Activity: 952
Merit: 281
So sane miners switched pools when it reached 45% last time - how close to 51% is it going to get this time before they switched?

What (other than variance) makes you think it is any different this time?
https://blockchain.info/pools?timespan=4days
http://blockorigin.pfoe.be/top.php


And we are now at 50% and the switch has not yet happened
hero member
Activity: 526
Merit: 500
51% exactly, nothing less. But it would only cause big price falls when ghash execute the attack..
hero member
Activity: 811
Merit: 1000
Web Developer
donator
Activity: 1218
Merit: 1079
Gerald Davis
So sane miners switched pools when it reached 45% last time - how close to 51% is it going to get this time before they switched?

What (other than variance) makes you think it is any different this time?
https://blockchain.info/pools?timespan=4days
http://blockorigin.pfoe.be/top.php

legendary
Activity: 1218
Merit: 1003
We are the champions of the night
Miners will panic and move their hardware over to another pool, ghash falls back down to not a threat, then it happens all over again (unless somebody makes a better pool).  Not gonna do anything to the price
legendary
Activity: 1106
Merit: 1005
So sane miners switched pools when it reached 45% last time - how close to 51% is it going to get this time before they switched?

how many times must this happen before other pools offer the same features as GHASH?
sr. member
Activity: 952
Merit: 281
So sane miners switched pools when it reached 45% last time - how close to 51% is it going to get this time before they switched?
sr. member
Activity: 308
Merit: 251
Giga
happened many times before, it's not a concern. We've been through this many times.
full member
Activity: 350
Merit: 102
yea its nothing new and it can be solved easily.. please read the news =.=..
hero member
Activity: 715
Merit: 500
Not going to lie, I am feeling a bit worried about their hash share despite being an ultra-bull

Obviously a 51% share would probably lead to some kind of sell-off, but can we expect something as low as 49%?

Another thread about this??

This is nothing new: https://bitcointalksearch.org/topic/ghashio-reached-45-407217
sr. member
Activity: 952
Merit: 281
Not going to lie, I am feeling a bit worried about their hash share despite being an ultra-bull

Obviously a 51% share would probably lead to some kind of sell-off, but can we expect something as low as 49%?
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