Bitcoin is headed in the wrong direction, and if we don't spread out the mining and hashing power to more pools, expect Bitcoin to crash very quickly.
Malleability issue wasn't a concern before; ever since the
multi-hack-a-thon that is happening to almost all exchanges in the industry, it is a
REAL BITCOIN PROBLEM.
We need something done to give the Bitcoin Network the continued power of the 'decentralized' aspect because we have two-three major pools sucking in all the hashing power since they are the largest pools yet, and will continue to grow this way (unless we do something). They are going to be considered 'centralized pools' very soon, if not, we will be centralized soon if we keep going down this path. We are not too far from a 51% attack and possibly hurting the long-term growth of Bitcoin.
We need is more pools - hands-down!If we spread out miners across more pools that are doing something for Bitcoin (aside from mining) this could be a good option like (DirectPool.net) and (P2Pool)
Here is a post about P2Pool asking for community help! (just recently posted)
"This is where you come in. In the past people have had trouble using some ASIC-based miners with p2pool, and unfortunately growth of p2pool began to stall. While p2pool has been holding its own in terms of hash rate, the overall network has grown, so p2pool's share has declined to the point where blocks are not being solved on a regular basis. This further discourages miners (especially smaller miners) from joining.
We badly need more miners to increase the hash rate, solve more blocks, and keep p2pool available as a pure peer-to-peer alternative to the centralized pools.
Fortunately, p2pool is now known to work perfectly with most of the newer miners including Ant Miner S1's and Cointerra Terraminer IV (others listed on the main thread and wiki). If you have any of these, please give p2pool a try. "
Posted via
https://bitcointalksearch.org/topic/psa-p2pool-needs-your-help-518920DirectPool is saying the same exact thing, we need to spread out miner power.
So if you are mining on the TOP 3 BTC pools, its time for you to make a decision.
What do I recommend? We need to organize in the thread and decide where to spend hashing power moving forward.
I have two choices as of now until someone else mentions other alternatives.
+ 1 -
http://www.DirectPool.net - Thread:
https://bitcointalksearch.org/topic/new-directpoolnet-btc-fee-1-pay-tx-pplns-nmc-vardiff-giving-back-472122+ 2 -
http://www.P2Pool.org - BTC Pool:
https://bitcointalksearch.org/topic/psa-p2pool-needs-your-help-518920+ 3 - P2P > Nasty Mining's Nasty Pool and OgNasty
Let's do something asap and miners need to work together.
Who is ready to help?