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Topic: stop mining at ghash.io you FUCKTARDS - page 3. (Read 7545 times)

Biomech

legendary

Legendary level

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: aynstein on January 11, 2014, 10:45:39 AM

Quote from: spooderman on January 11, 2014, 05:41:55 AM

Quote from: aynstein on January 11, 2014, 05:34:03 AM

Quote from: hyphymikey on January 10, 2014, 06:58:12 AM

Someone please make a bitminter type client for p2pool

Really? If I make you a client you would mine p2pool?

If you're not being sarcastic....yes!

Do you think many other would? What type of hardware do you mine with? The "client" is just a guy over cgminer or bfgminer I can't remember which.

I would certainly try it. I'm still experimenting anyway. Started on Eligius, went to BTCguild while he's getting that fixed, was gonna try Bitminter next. Prolly still am. So far, I like Eligius the best, but time and experience will tell. Once I get more equipment, I'll probably mine more than one pool/method anyway. I have yet to try p2pool, so why not?

dyask

hero member

Activity: 854

Merit: 510

Quote from: spooderman on January 10, 2014, 03:37:39 AM

Quote from: malevolent on January 09, 2014, 11:43:40 AM

Quote from: Jcw188 on January 09, 2014, 10:27:36 AM

Quote from: malevolent on January 09, 2014, 06:40:57 AM

I don't remember people panicking as much with deepbit in 2011.

did deepbit try to double spend on a dice game?

There were no dice games to double spend on at the time, but people are forgetting two things:

a) it is possible to double spend with less than 51% and for some reason...
b) ... it happens very, very rarely. Miners don't have the incentive to undermine peoples' trust in Bitcoin.

B = Don't care, I don't want someone to have the option.
A = I know, that is why I'm saying stop NOW rather than "wait until they get exactly 51% and then stop." Obviously I would like noone to have more than about 10%.

Wow! That kind of thinking seems to be common. With a fiat currency there is a vast amount of crimes and fraud. Yet fiat currencies survive just fine. Most likely Bitcoin would survive a 51% attack and whoever did it would be found out. Then it would be a matter for the courts. The fear is irrational.

However, if there were an attack it probably won't happen from a pool, it will probably come from a government that has vast resources compared to the Bitcoin network. In that case there isn't anything that can be done to prevent it and all this running around and screaming about ghash.io is just a waste.

Holliday

legendary

Legendary level

Activity: 1120

Merit: 1012

Quote from: oakpacific on January 10, 2014, 05:25:28 AM

Quote from: ?? on ??

Quote from: malevolent on January 09, 2014, 11:43:40 AM

Miners don't have the incentive to undermine peoples' trust in Bitcoin.

Well... not until JPMorgan Chase decides to provide the incentive for a large pool operator to attack Bitcoin....

Wink

Wink

Miners can find out easily and will complain loudly, "I found a block, but my node doesn't even see it on the network! Something fishy must be going on with the pool!"

I think you put too much faith in your typical hasher...

Should an attack come from centralization of the hashing power, it's damage will already be done before the miners can react. This is why a proactive approach is preferred (do not centralize the hashing power).

Gator-hex

hero member

Activity: 490

Merit: 500

Quote from: spooderman on January 12, 2014, 04:55:44 PM

Quote from: aynstein on January 11, 2014, 10:45:39 AM

Quote from: spooderman on January 11, 2014, 05:41:55 AM

Quote from: aynstein on January 11, 2014, 05:34:03 AM

Quote from: hyphymikey on January 10, 2014, 06:58:12 AM

Someone please make a bitminter type client for p2pool

Really? If I make you a client you would mine p2pool?

If you're not being sarcastic....yes!

Do you think many other would? What type of hardware do you mine with? The "client" is just a guy over cgminer or bfgminer I can't remember which.

I mine with a bfl. Plan to mine with a blackarrow or something in the future.

GHash sells the bitcoins directly to investors which is a big draw to people who want to mine fiat.

I'm using Bitminter and avoiding big pools because I like to spend in Bitcoins to help start a Bitcoin economy. If people only mine for fiat no Bitcoin economy will get off the ground.

I also use P2Pools as mybackups, they need no account and I love getting virgin unspent coins, but the main problem with it is that it's frequent micro payments. You need a lot of hashing power to get it to pay out over the 0.001BTC dust level per block.

BTW: www.p2pool.org is not the only option. Also check out http://p2pool.hostv.pl/ for a list of others.

spooderman

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Activity: 1680

Merit: 1045

Quote from: aynstein on January 11, 2014, 10:45:39 AM

Quote from: spooderman on January 11, 2014, 05:41:55 AM

Quote from: aynstein on January 11, 2014, 05:34:03 AM

Quote from: hyphymikey on January 10, 2014, 06:58:12 AM

Someone please make a bitminter type client for p2pool

Really? If I make you a client you would mine p2pool?

If you're not being sarcastic....yes!

Do you think many other would? What type of hardware do you mine with? The "client" is just a guy over cgminer or bfgminer I can't remember which.

I mine with a bfl. Plan to mine with a blackarrow or something in the future.

needbmw

legendary

Legendary level

Activity: 1302

Merit: 1008

Quote from: Jcw188 on January 09, 2014, 10:27:36 AM

Quote from: malevolent on January 09, 2014, 06:40:57 AM

I don't remember people panicking as much with deepbit in 2011.

did deepbit try to double spend on a dice game?

+1
stay away of this pool

aynstein

full member

Activity: 128

Merit: 100

Fortune favors the bold, and sometimes the bald.

Quote from: spooderman on January 11, 2014, 05:41:55 AM

Quote from: aynstein on January 11, 2014, 05:34:03 AM

Quote from: hyphymikey on January 10, 2014, 06:58:12 AM

Someone please make a bitminter type client for p2pool

Really? If I make you a client you would mine p2pool?

If you're not being sarcastic....yes!

Do you think many other would? What type of hardware do you mine with? The "client" is just a guy over cgminer or bfgminer I can't remember which.

spooderman

legendary

Legendary level

Activity: 1680

Merit: 1045

Quote from: aynstein on January 11, 2014, 05:34:03 AM

Quote from: hyphymikey on January 10, 2014, 06:58:12 AM

Someone please make a bitminter type client for p2pool

Really? If I make you a client you would mine p2pool?

If you're not being sarcastic....yes!

aynstein

full member

Activity: 128

Merit: 100

Fortune favors the bold, and sometimes the bald.

Quote from: hyphymikey on January 10, 2014, 06:58:12 AM

Someone please make a bitminter type client for p2pool

Really? If I make you a client you would mine p2pool?

hyphymikey

hero member

Activity: 784

Merit: 1000

Someone please make a bitminter type client for p2pool

oakpacific

hero member

Activity: 784

Merit: 1000

Quote from: ?? on ??

Quote from: malevolent on January 09, 2014, 11:43:40 AM

Miners don't have the incentive to undermine peoples' trust in Bitcoin.

Well... not until JPMorgan Chase decides to provide the incentive for a large pool operator to attack Bitcoin....

Wink

Wink

Miners can find out easily and will complain loudly, "I found a block, but my node doesn't even see it on the network! Something fishy must be going on with the pool!"

spooderman

legendary

Legendary level

Activity: 1680

Merit: 1045

Quote from: malevolent on January 09, 2014, 11:43:40 AM

Quote from: Jcw188 on January 09, 2014, 10:27:36 AM

Quote from: malevolent on January 09, 2014, 06:40:57 AM

I don't remember people panicking as much with deepbit in 2011.

did deepbit try to double spend on a dice game?

There were no dice games to double spend on at the time, but people are forgetting two things:

a) it is possible to double spend with less than 51% and for some reason...
b) ... it happens very, very rarely. Miners don't have the incentive to undermine peoples' trust in Bitcoin.

B = Don't care, I don't want someone to have the option.
A = I know, that is why I'm saying stop NOW rather than "wait until they get exactly 51% and then stop." Obviously I would like noone to have more than about 10%.

malevolent

legendary

Legendary level

Activity: 3472

Merit: 1724

Quote from: Jcw188 on January 09, 2014, 10:27:36 AM

Quote from: malevolent on January 09, 2014, 06:40:57 AM

I don't remember people panicking as much with deepbit in 2011.

did deepbit try to double spend on a dice game?

There were no dice games to double spend on at the time, but people are forgetting two things:

a) it is possible to double spend with less than 51% and for some reason...
b) ... it happens very, very rarely. Miners don't have the incentive to undermine peoples' trust in Bitcoin.

Jcw188

hero member

Activity: 546

Merit: 500

Carpe Diem

Quote from: malevolent on January 09, 2014, 06:40:57 AM

I don't remember people panicking as much with deepbit in 2011.

did deepbit try to double spend on a dice game?

fusioncoins

hero member

Activity: 590

Merit: 500

How many of Ghash are Cex.io member?
For them won't be easy to change the pool...

mikep2012

sr. member

Activity: 362

Merit: 250

great panic. much wow Grin

Grin

Carlton Banks

legendary

Legendary level

Activity: 3430

Merit: 3080

Quote from: HellDiverUK on January 09, 2014, 08:51:09 AM

Quote from: spooderman on January 09, 2014, 08:47:31 AM

I use eligius. But we should all use p2pool tbh

We should. Shame they won't fix the bugs that break p2pool for ASICs...

STFU with your selfish disinformation. All because the model of ASIC you own are the only ones that don't work on p2pool (which is down to the design of that hardware, nothing anyone can do to make them work). All other ASICs have been working there for a while now (~150-200 TH/s in the last few weeks).

HellDiverUK

hero member

Activity: 1246

Merit: 501

Quote from: spooderman on January 09, 2014, 08:47:31 AM

I use eligius. But we should all use p2pool tbh

We should. Shame they won't fix the bugs that break p2pool for ASICs...

spooderman

legendary

Legendary level

Activity: 1680

Merit: 1045

I use eligius. But we should all use p2pool tbh

Mowcore

hero member

Activity: 592

Merit: 500

dammit, I was just about to ask for a signed avatar...

Wink

Wink

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