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Topic: Last block found was 75 minutes ago... - page 2. (Read 2602 times)

full member
Activity: 122
Merit: 100
I Quantum Leap to different worlds when I sleep...
June 10, 2014, 09:14:22 PM
#8
It could very well be a result of SELFISH MINING as Ghash has found back to back blocks and  has around 50% of the network hashing power just about and maybe even greater?The possibility is very Real! http://bitcoinmagazine.com/7953/selfish-mining-a-25-attack-against-the-bitcoin-network/
I'm part of the minority But the majority of people won't acknowledge the threat or just put there head in the sand and pretend the threat doesn't exist? and will always give them the benefit of the doubt?There's been plenty of spans of them finding 6 blocks in a row continuously which shows of this strong possibility  Shocked The threat is very real and the problem just keeps getting worse but majority doesn't want to do anything or even fathom the possibility they will say it's anything But ? Do some research and You can decide for yourself and don't listen to what people say?Do some googling Ghash has already has a history of double spending so it's not far out of the realm of possibility especially with  50% hashing power of network...... But we also have plenty of Selfish miners that will stick with them and they don't care about it as long as they are getting paid which is  just another part of the problem in itself......... Maybe I'm wrong ?but then again maybe I'm Right? The theory is as good and valid as anything else anyone has to say because nobody can prove that they are or they aren't?
DrG
legendary
Activity: 2086
Merit: 1035
June 10, 2014, 09:03:46 PM
#7
75 min pauses happens quite frequently.  Now a 8 hours pause, that would be interesting Tongue
hero member
Activity: 764
Merit: 500
I'm a cynic, I'm a quaint
June 10, 2014, 09:03:00 PM
#6
When this happens it can mean only one thing! Miners are on break(actually they are watching porn) and all the mining gears stopped mining!

It's very probable someone with a very high % of THS just stopped their gear for some maintenance! Everything will return back to normal soon Wink

Let's start the baseless rumor mill then. KnC had a power outage at their farm?  Tongue
legendary
Activity: 1232
Merit: 1002
June 10, 2014, 08:42:05 PM
#5
When this happens it can mean only one thing! Miners are on break(actually they are watching porn) and all the mining gears stopped mining!

It's very probable someone with a very high % of THS just stopped their gear for some maintenance! Everything will return back to normal soon Wink
hero member
Activity: 764
Merit: 500
I'm a cynic, I'm a quaint
June 10, 2014, 08:37:37 PM
#4
It seems weird to me too. Can I now assume that the next difficulty increase will slow down now?
legendary
Activity: 1218
Merit: 1000
June 10, 2014, 08:31:34 PM
#3
I don't really get the purpose of this thread. You know such things happen.
Sometimes there are 12 blocks in a hour, and sometimes not a single one.

I've never seen anything close to an hour for a block so this seems ridiculous to me, especially for a tech with the promise of fast transaction times.

I was hoping to start a discussion on the topic (this is bitcointalk after all)  Grin
hero member
Activity: 1008
Merit: 515
June 10, 2014, 08:23:51 PM
#2
I don't really get the purpose of this thread. You know such things happen.
Sometimes there are 12 blocks in a hour, and sometimes not a single one.
legendary
Activity: 1218
Merit: 1000
June 10, 2014, 08:22:02 PM
#1
And the one before that was only 4 minutes apart...  Huh
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