Who the hell is still mining on GHash.IO? GTFO that pool already!!! - page 3.

smeagol

legendary

Activity: 1008

Merit: 1005

Quote from: ChuckBuck on June 11, 2014, 05:44:04 PM

Down to 39%, but I won't entirely feel safe until they're closer to 30%:

https://blockchain.info/pools?timespan=24hrs

At least either the pool operators themselves are reacting to the outrage, or some miners are wising up.

Probably a combination of both. We must all remain vigilant though. Keep reminding our fellow miners, and if you see anyone in this forum post stats or references to GHash, please ask them kindly to GTFO there. Cool

Emphasis on kindly! Cheesy

It's great to see the community actually heeding the call.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Down to 39%, but I won't entirely feel safe until they're closer to 30%:

https://blockchain.info/pools?timespan=24hrs

At least either the pool operators themselves are reacting to the outrage, or some miners are wising up.

Probably a combination of both. We must all remain vigilant though. Keep reminding our fellow miners, and if you see anyone in this forum post stats or references to GHash, please ask them kindly to GTFO there. Cool

gperez2000

newbie

Activity: 22

Merit: 0

This is getting serious and the miners don't understand if Bitcoin goes down everything they had mined will be worth nothing together with their out of pocket investment(ASIC, GPU, ETC). Come on let's make bitcoin better and stable by doing the right thing. At this point miners at that pool are as guilty as GHASH or probably more.

Bitsaurus

hero member

Activity: 873

Merit: 1007

Quote from: DubFX on June 11, 2014, 02:37:16 PM

Are you blaming them because of insolvency or something like that or are you just affraid that they will abuse their powers?

They have abused their powers. They have been caught double spending by their admins before and they stated they knew nothing about it, then they recanted and said it wasn't a big deal. That alone proves they're willing to lie to the community.

The fact that at least 1/4 of the community is worried about their centralization and they have not taken any good faith efforts to control this (unlike BTCGuild who actually throttled their own growth) shows their arrogant assholes.

I'm surprised there hasn't been a massive DDoS...

DubFX

sr. member

Activity: 434

Merit: 250

Are you blaming them because of insolvency or something like that or are you just affraid that they will abuse their powers?

Bitsaurus

hero member

Activity: 873

Merit: 1007

Mining on this pool is like taking a shit in your own water reservoir. A little don't matter but pile it on and you'll be killing yourself.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: Shogen on June 11, 2014, 09:39:58 AM

Quote from: ChuckBuck on June 11, 2014, 08:38:04 AM

Well I guess some peeps are heeding the call. Down to 43% in the last 24 hours, though we really need GHash.io to be ideally below a third of the hashrate to be truly safe.

Any idea how much hashrate on Ghash.io is from their own private farm now?

Not sure their personal farm breakdown, but in total they have almost 40 PH based on Organofcorti.blogspot.com.

Shogen

legendary

Activity: 966

Merit: 1001

Quote from: ChuckBuck on June 11, 2014, 08:38:04 AM

Well I guess some peeps are heeding the call. Down to 43% in the last 24 hours, though we really need GHash.io to be ideally below a third of the hashrate to be truly safe.

Any idea how much hashrate on Ghash.io is from their own private farm now?

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Well I guess some peeps are heeding the call. Down to 43% in the last 24 hours, though we really need GHash.io to be ideally below a third of the hashrate to be truly safe.

DrG

legendary

Activity: 2086

Merit: 1035

Well I guess they're just trying to fulfill the requirement that BTC have some crisis at all times. Mt Gox invalid papers, BTC fork, China bans BTC, Russia bans BTC, MT Gox hands away their customer's funds, Mt Gox blames BTC devs for critical flaw, GHash.IO decides 51% attack (the 2nd time) is not so bad.

guitarplinker

legendary

Activity: 1694

Merit: 1024

Quote from: DrG on June 10, 2014, 09:02:16 PM

A sign that intelligence is not required to have power or wealth.

The fact that Ghash.IO does nothing about it and scares the community shows how apathetic they are for the community's concern. May their servers suffer a thousand EMPs Grin

This exactly. I remember a couple months ago they said they'd "implement a feature to allow users to mine at different pools"

*crickets chirp*

DrG

legendary

Activity: 2086

Merit: 1035

A sign that intelligence is not required to have power or wealth.

The fact that Ghash.IO does nothing about it and scares the community shows how apathetic they are for the community's concern. May their servers suffer a thousand EMPs Grin

ManeBjorn

legendary

Activity: 1288

Merit: 1004

People are sucked in by ghash's 0% fee deal.
Too many of them do not think twice.
They also think the lower variance means ghash is better.
I totally agree people need to leave there and never go back.
The risk is too great.

LightningBlade

sr. member

Activity: 259

Merit: 250

Try www.coinking.io, seems to be paying more then mining BTC directly (only if you are mining with GPU).

SgtSpike

legendary

Activity: 1400

Merit: 1005

It's kind of like saving the environment or voting - no one wants to make a move when it disadvantages them and makes no noticeable difference in the end.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

It's been hovering 47-48% for the last 24 hours:

https://blockchain.info/pools?timespan=24hrs

Do we really trust GHash.IO/CEX.IO that much that they wouldn't just start double spending like crazy and causing all sorts of stability issues for the Bitcoin network?

Even if they weren't trying a 51% attack, why would any miner personally go on there knowing the risk to the network?

Must be a bunch of Noobs going to the biggest pool with the 0% fees, not knowing the consequences this can cause.

For chrissakes go to any of these other pools:

https://bitcointalksearch.org/topic/btc-mining-pools-list-104664

ANYTHING BUT GHASH.IO

Topic: Who the hell is still mining on GHash.IO? GTFO that pool already!!! - page 3. (Read 4625 times)