Topic: Network Attack on XVG / VERGE - page 47. (Read 29513 times)

Probably be the first and last time I post here, but hasn't really been mentioned much after reading all 40 something pages.

You realize the ONLY reason you guys are talking about Verge is because some kid named Peter from Austin, TX (allegedly) who goes by the name of @XVGWhaleReal, actually posted screenshots (this was Christmas Eve, Dec. 2017) of his text conversation with McAfee, discussing his paying $100k for McAfee to tweet about Verge.

Then when the MC of Verge blew up bigger than they could have imagined, McAfee got enraged and demanded more money, or else he was going to destroy them.  (it wasn't those actual words, but it was still some grandiose shit indicative of megalomania - and funny to boot!)

Peter claimed his account was hacked, and then started this one: https://twitter.com/XVGWhaleReal/

Explained better than I can, here:  https://www.youtube.com/watch?v=g-9ZLQpZwZg

BIGGEST DEAL IN CRYPTO MOTHERFUCKERS!

Probably be the first and last time I post here, but hasn't really been mentioned much after reading all 40 something pages.

You realize the ONLY reason you guys are talking about Verge is because some kid named Peter from Austin, TX (allegedly) who goes by the name of @XVGWhaleReal, actually posted screenshots (this was Christmas Eve, Dec. 2017) of his text conversation with McAfee, discussing his paying $100k for McAfee to tweet about Verge.

Then when the MC of Verge blew up bigger than they could have imagined, McAfee got enraged and demanded more money, or else he was going to destroy them.  (it wasn't those actual words, but it was still some grandiose shit indicative of megalomania - and funny to boot!)

Peter claimed his account was hacked, and then started this one: https://twitter.com/XVGWhaleReal/

Explained better than I can, here:  https://www.youtube.com/watch?v=g-9ZLQpZwZg

BIGGEST DEAL IN CRYPTO MOTHERFUCKERS!

Seems like pool operators and most miners suffered the most on this.
The hacker(s) and Verge seem to be fine 

Too bad when a given company/product/project forgets about their backbone .....

so honest pool operators get shafted while the "hacker" has been rewarded with millions of coins.

Lovely.

We lost $12,800 plus an unknown opportunity cost that I estimate around $50,000 as a result of this issue.

It affected the pool because our pay-per-share rates are calculated using, in addition to coinbase value, transaction fees, and orphan rate, the difficulty.  Shares were worth hundreds of dollars during that time and the orphan rate was 100%.  We had to exercise our policy of paying customers LTC + 15% during the 4 hours we earned nothing, which amounted to $12,000 in losses, plus about $300 in salaries answering 150 support tickets about the issue, plus about $500 in developer time spent addressing the problem instead of preparing for the upgrades to our servers this weekend.

There was also a large opportunity cost caused by the negative publicity of exercising our LTC + 15% policy, and we now have about 10% fewer customers than we did before the Verge incident.  I'd estimate the lost profit by the bad publicity will be around $50,000 over the lifetime of the pool.

It's not surprising that pools aren't mining Verge anymore.  This is probably the worst thing to happen to us since Cryptsy's theft.  We were 17% of the Verge network before this happened.

As to the issue being "fixed," I hope people can understand our reluctance to mine this coin again.  We'll reevaluate in a few weeks or in May if there are no issues.

We lost $12,800 plus an unknown opportunity cost that I estimate around $50,000 as a result of this issue.

It affected the pool because our pay-per-share rates are calculated using, in addition to coinbase value, transaction fees, and orphan rate, the difficulty.  Shares were worth hundreds of dollars during that time and the orphan rate was 100%.  We had to exercise our policy of paying customers LTC + 15% during the 4 hours we earned nothing, which amounted to $12,000 in losses, plus about $300 in salaries answering 150 support tickets about the issue, plus about $500 in developer time spent addressing the problem instead of preparing for the upgrades to our servers this weekend.

There was also a large opportunity cost caused by the negative publicity of exercising our LTC + 15% policy, and we now have about 10% fewer customers than we did before the Verge incident.  I'd estimate the lost profit by the bad publicity will be around $50,000 over the lifetime of the pool.

It's not surprising that pools aren't mining Verge anymore.  This is probably the worst thing to happen to us since Cryptsy's theft.  We were 17% of the Verge network before this happened.

As to the issue being "fixed," I hope people can understand our reluctance to mine this coin again.  We'll reevaluate in a few weeks or in May if there are no issues.

It's fixed guys! 

Won't happen.

Won't happen.

When does the Suprnova Pool start again with myriad-groestl?

There are only bad pools to dismantle suprnova pool was good.

The pool http://xvg-mg.idcray.com/ is constantly out of order.

Can anyone happen to tell the port for the Baikal Gaint X10 via the http://xvg-mg.idcray.com/ pool with the correct difficulty. 

Hope Suprnova will be back online soon

The blockexplorer still shows large amounts of blocks being added every minute: https://verge-blockchain.info/