someone is gonna be able to do a 51% attack pretty quickly..Bitcoin is over, PoS FTW!!!!
Pardon? Do you even understand how a 51% works?Do you guys also not understand that"unknown source" is not one single miner or group..
Topic: Is anyone else concerned that 43% of the hashrate is from an unknown source? - page 3. (Read 5134 times)
April 02, 2014, 11:27:09 AM
Do you guys also not understand that"unknown source" is not one single miner or group..
April 02, 2014, 10:52:47 AM
31% right now. I guess it depends where you look. This is a pretty acurate site: http://blockorigin.pfoe.be/chart.php
Just means that PFOE found the source of the remaining 12% hashrate.
April 02, 2014, 10:24:00 AM
Aww shit sorry guys. I'll tone my mining rig down a bit.
April 02, 2014, 10:20:02 AM
I believe that unknown is actually the company "cloudhashing".
Can anyone confirm or deny?
Can anyone confirm or deny?
April 02, 2014, 10:15:28 AM
31% right now. I guess it depends where you look. This is a pretty acurate site: http://blockorigin.pfoe.be/chart.php
April 02, 2014, 09:42:56 AM
This is odd. Seems to be related to the 2^n transactions in blocks. Seems possible there's some flaw somewhere?
April 02, 2014, 09:35:40 AM
This Dave Carlson guy produces probably close to 10% of the unknown hashrate. So I wouldn't be that worried yet.
http://arstechnica.com/information-technology/2014/03/meet-the-manic-miner-who-wants-to-mint-10-of-all-new-bitcoins/
http://arstechnica.com/information-technology/2014/03/meet-the-manic-miner-who-wants-to-mint-10-of-all-new-bitcoins/
April 02, 2014, 08:34:31 AM
I suspect a lot of this is the 1Th/s Antminer S2 rolling off the production line and waiting for dispatch on 10th April...
Remember that the S2 has the power supply built in, so as soon as each machine is complete they will have in running right until it needs to be boxed up and dispatched.
Look back through the difficultly increase, back in oct/nov when the antminer s1 was released the difficultly was rising by 40% every 2 weeks.
They would be foolish not to mine with them for a few weeks before dispatching.
Remember that the S2 has the power supply built in, so as soon as each machine is complete they will have in running right until it needs to be boxed up and dispatched.
Look back through the difficultly increase, back in oct/nov when the antminer s1 was released the difficultly was rising by 40% every 2 weeks.
They would be foolish not to mine with them for a few weeks before dispatching.
April 02, 2014, 08:25:41 AM
It's the NSA.
April 02, 2014, 08:25:33 AM
someone is gonna be able to do a 51% attack pretty quickly..Bitcoin is over, PoS FTW!!!!
April 02, 2014, 08:25:12 AM
Well PBmining claims to be doing 106 THz. There's a small chunk.
And didn't you read the red letters at the top of the page?
And didn't you read the red letters at the top of the page?
Don't worry about pbmining. they don't have actual hardware.
April 02, 2014, 08:19:27 AM
"sources" not "source"; all your base are belong to us!
April 02, 2014, 08:14:03 AM
quantum mining. I posted a tutorial on it yesterday 
April 02, 2014, 08:05:42 AM
Over 45 and we need to be on red alert.
April 02, 2014, 05:54:56 AM
implying they've even produced mining rigs
Or perhaps they might have bought it from someone else, using their clients' money. They'll mine it for some 6-7 months, and then they'll ship it to the unfortunate client.
April 02, 2014, 03:31:33 AM
Probably the BFL guys mining with their clients' mining rigs.
implying they've even produced mining rigs
April 02, 2014, 03:07:33 AM
Its only a concern if the whole 45% are coming from a single source. I would highly doubt that.
April 02, 2014, 02:53:38 AM
The Antminer S2 finished production and is being shipped in China since a few days.
We should not under-estimate their mass-production capacity.
We should not under-estimate their mass-production capacity.
Well, there goes the diff another 20%
April 02, 2014, 02:48:41 AM
Oops, sorry guys. I was playing around with my settings and accidently super-duper-turbo-charged my miner...I'll go ahead and turn it down.
lol
And growing rapidly.
https://blockchain.info/pools?timespan=24hrs
4 days ago it was 38%
https://blockchain.info/pools?timespan=4days
This feels like ghash.io all over again, except this time there's not even a face on the potential threat...
https://blockchain.info/pools?timespan=24hrs
4 days ago it was 38%
https://blockchain.info/pools?timespan=4days
This feels like ghash.io all over again, except this time there's not even a face on the potential threat...
It could a bunch of solo miners? But chances of that...possibly very low or miners on private pools possibly.
April 02, 2014, 02:43:09 AM
The Antminer S2 finished production and is being shipped in China since a few days.
We should not under-estimate their mass-production capacity.
We should not under-estimate their mass-production capacity.
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