Pages:
Author

Topic: stop mining at ghash.io you FUCKTARDS - page 3. (Read 7521 times)

legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
January 19, 2014, 05:04:29 AM
#25
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?
hero member
Activity: 854
Merit: 510
January 18, 2014, 04:21:13 AM
#24
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.
legendary
Activity: 1120
Merit: 1012
January 17, 2014, 03:10:31 PM
#23
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


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).
hero member
Activity: 490
Merit: 500
January 16, 2014, 09:24:14 AM
#22
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.
legendary
Activity: 1652
Merit: 1029
January 12, 2014, 05:55:44 PM
#21
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.
legendary
Activity: 1302
Merit: 1008
January 12, 2014, 08:56:45 AM
#20
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
full member
Activity: 128
Merit: 100
Fortune favors the bold, and sometimes the bald.
January 11, 2014, 11:45:39 AM
#19
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.
legendary
Activity: 1652
Merit: 1029
January 11, 2014, 06:41:55 AM
#18
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!
full member
Activity: 128
Merit: 100
Fortune favors the bold, and sometimes the bald.
January 11, 2014, 06:34:03 AM
#17
Someone please make a bitminter type client for p2pool

Really? If I make you a client you would mine p2pool?
hero member
Activity: 784
Merit: 1000
January 10, 2014, 07:58:12 AM
#16
Someone please make a bitminter type client for p2pool
hero member
Activity: 784
Merit: 1000
January 10, 2014, 06:25:28 AM
#15
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


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!"
legendary
Activity: 1652
Merit: 1029
January 10, 2014, 04:37:39 AM
#14
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%.
legendary
Activity: 3472
Merit: 1722
January 09, 2014, 12:43:40 PM
#13
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.
hero member
Activity: 546
Merit: 500
Carpe Diem
January 09, 2014, 11:27:36 AM
#12
I don't remember people panicking as much with deepbit in 2011.

did deepbit try to double spend on a dice game?
hero member
Activity: 590
Merit: 500
January 09, 2014, 11:14:36 AM
#11
How many of Ghash are Cex.io member?
For them won't be easy to change the pool...
sr. member
Activity: 362
Merit: 250
January 09, 2014, 11:09:23 AM
#10
great panic. much wow  Grin
legendary
Activity: 3430
Merit: 3080
January 09, 2014, 10:50:07 AM
#9
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).
hero member
Activity: 1246
Merit: 501
January 09, 2014, 09:51:09 AM
#8
I use eligius. But we should all use p2pool tbh

We should.  Shame they won't fix the bugs that break p2pool for ASICs...
legendary
Activity: 1652
Merit: 1029
January 09, 2014, 09:47:31 AM
#7
I use eligius. But we should all use p2pool tbh
hero member
Activity: 592
Merit: 500
January 09, 2014, 08:03:39 AM
#6
dammit, I was just about to ask for a signed avatar...

 Wink
Pages:
Jump to: