Mining pool cheating | Bitcointalksearch.org

gyverlb

hero member

Activity: 896

Merit: 1000

Quote from: stevedekorte on March 19, 2013, 05:17:41 PM

Quote from: Gabi on March 16, 2013, 11:15:28 AM

Nothing.

If you don't trust pools, then use p2pool, a decentralized pool, everything is managed by a software and thus 100% safe.

Very cool and appropriate for btc.

I'll check it out.

Here's the link for other readers:

http://p2pool.info

If you want to try it, I've made a guide (performance on p2pool is not a given, you often have to work to get it).

stevedekorte

newbie

Activity: 30

Merit: 0

Quote from: Gabi on March 16, 2013, 11:15:28 AM

Nothing.

If you don't trust pools, then use p2pool, a decentralized pool, everything is managed by a software and thus 100% safe.

Very cool and appropriate for btc.

I'll check it out.

Here's the link for other readers:

http://p2pool.info

stevedekorte

newbie

Activity: 30

Merit: 0

Quote from: ms205 on March 16, 2013, 11:10:57 AM

First impossible because pool not give full information to miner...

Thanks ms205 - that makes sense and solves the miner cheating problem.

Is there a solution to the pool cheating problem?

ms205

newbie

Activity: 44

Merit: 0

Quote from: qbnphreak on March 16, 2013, 11:26:21 AM

I'vew noticed some weird mining pool stats too.

Does it make ANY sense, for me to have 2000 shares but only .00000001 in that block, while in another a couple hours later, 2 shares got me .003?

Is this shenanigans, connectivity issues, or what?

Now exist many methods to share 25 BTC for block - may be pool using some score method of profit distribution that give an incentive to 24/7 miners and vice versa?

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

It makes sense, you have to check how much time it took to find this block Wink

And the reward system of the pool etcetc

qbnphreak

newbie

Activity: 8

Merit: 0

I'vew noticed some weird mining pool stats too.

Does it make ANY sense, for me to have 2000 shares but only .00000001 in that block, while in another a couple hours later, 2 shares got me .003?

Is this shenanigans, connectivity issues, or what?

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

Nothing.

If you don't trust pools, then use p2pool, a decentralized pool, everything is managed by a software and thus 100% safe.

ms205

newbie

Activity: 44

Merit: 0

First impossible because pool not give full information to miner and it can't check result. Only pool can check share and get if it was key to resolve block.
Second way plausible but uncommon - if pool try cheating it noticeable bent statistics. Some miners like to calculate profit and immediately complain it.

stevedekorte

newbie

Activity: 30

Merit: 0

1) What keeps a miner in a pool from accepting their cut of profits but submitting some % of their discovered blocks themselves instead of within the pool?

I can imagine statistical analysis would reveal it eventually but if the friction of joining a pool is low and anonymous, this doesn't help.

2) Likewise, what keeps a pool operator from not reporting all discovered blocks to all miners?

If all miners in the pool were aware of each other and reported their discovered blocks, then they could avoid this but it's not clear how they would ever be sure their list of miners was complete and there other miners made correct reports.

Topic: Mining pool cheating (Read 805 times)