Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Cryptornd on September 17, 2022, 06:09:25 AM



Title: Ethereum miner statistics before the merge and after the merge
Post by: Cryptornd on September 17, 2022, 06:09:25 AM
 




*Before the merge

Mining pool                   Hash rate    
 
Ethermine                 - 124.4 TH/s
F2pool2                   - 76.5  TH/s
Hiveon pool               - 42    TH/s
2miners                   - 35.8  TH/s
Flexpool                  - 27.6  TH/s


*After the merge


staking pool                     staked Eth %

 
lido                               31
Coinbase                           15
kraken                             8.38
Binance                            6.64
stake .us                          2.98


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: NotATether on September 17, 2022, 09:51:27 AM
So all they accomplished with the merge is the transfer of power from miners to exchanges (who are much MORE likely to collude than miners since nobody can stop them from doing a 51% attack. The hell, lido can even do that right now if they wanted to).

Job well done devs. /facepalm


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: BlackHatCoiner on September 17, 2022, 10:12:16 AM
So all they accomplished with the merge is the transfer of power from miners to exchanges
Not only this, but it's now far more likely to have the voting power stolen, and have a 51% attack conducted without the exchanges' permission. Think of this: Someone hacks lido and gets the coins. Simple, common, likely scenario. With 31% of the staked coins, they can first and foremost keep them staked to earn the sweet bucks, and secondly, they can attack with zero cost.

But, no problem. Ethereum isn't censorship resistant. The devs will just fork the chain.  :)


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: FP91G on September 17, 2022, 12:51:43 PM
Bitcoin

Foundrydigital.com  26.3 %
antpool.com       17.2%
f2pool.com       16.2%
binance.com    12.2%

Foundrydigital.com  26.3 + antpool.com  17.2 = 43.5%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 = 59.7%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 + binance.com  12.2 = 71.9%

https://miningpoolstats.stream/bitcoin

Is it worse here or not?


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: adaseb on September 17, 2022, 01:29:23 PM
Bitcoin

Foundrydigital.com  26.3 %
antpool.com       17.2%
f2pool.com       16.2%
binance.com    12.2%

Foundrydigital.com  26.3 + antpool.com  17.2 = 43.5%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 = 59.7%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 + binance.com  12.2 = 71.9%

https://miningpoolstats.stream/bitcoin

Is it worse here or not?

Its been like this for years however with Bitcoin mining. Every once in a while some pool gains popularity that it needs to increase pool fees to make miners switch to a different pool.

In the past they were many times when a pool had >51% hashrate and nothing happened.


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: JeromeTash on September 17, 2022, 08:04:32 PM
https://miningpoolstats.stream/bitcoin

Is it worse here or not?
Which one is easier and cheaper to pull off?

A 51% attack on bitcoin POW network involving different individual miners in pools or 51% attack on ETH POS network, whereby centralized exchanges that can easily be forced to bend down and lick Government asses are clearly in control right now?


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: sp_ on September 17, 2022, 09:48:56 PM
Ethereum has dropped 20% after the Merge


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: JayDDee on September 17, 2022, 10:43:20 PM
A 51% attack on bitcoin POW network involving different individual miners in pools or 51% attack on ETH POS network, whereby centralized exchanges that can easily be forced to bend down and lick Government asses are clearly in control right now?

In most countries Government control would help prevent fly-by-night exchanges. Storing crypto on an exchange has never been safe and still isn't.

Worse, Ethereum is an autocracy and has always been one. The rules can be changed at a whim. Once all the coins are locked up the rules
can be changed again with no way to bail out for those who disagree.


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: sp_ on September 17, 2022, 10:57:50 PM
In most countries Government control would help pent fly-by-night exchanges.

Ethereum was payed and created by the government..


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: JayDDee on September 17, 2022, 10:59:24 PM
In most countries Government control would help pent fly-by-night exchanges.

Ethereum was payed and created by the government..

Which goverment?


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: sp_ on September 17, 2022, 11:03:16 PM
Which goverment?

your government


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: joniboini on September 18, 2022, 10:16:49 AM
The distribution is really terrible. I hope they can develop a new mechanism in place to prevent exchanges or pools to gain control of the network easily. Considering how often pools or exchanges got hacked, the risk is really not small. Even if they never want to attack the network, someone could "easily" hack them and do it.


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: FP91G on September 18, 2022, 10:31:43 AM
Bitcoin

Foundrydigital.com  26.3 %
antpool.com       17.2%
f2pool.com       16.2%
binance.com    12.2%

Foundrydigital.com  26.3 + antpool.com  17.2 = 43.5%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 = 59.7%
Foundrydigital.com  26.3 + antpool.com  17.2 + f2pool.com 16.2 + binance.com  12.2 = 71.9%

https://miningpoolstats.stream/bitcoin

Is it worse here or not?

Its been like this for years however with Bitcoin mining. Every once in a while some pool gains popularity that it needs to increase pool fees to make miners switch to a different pool.

In the past they were many times when a pool had >51% hashrate and nothing happened.
Then there is no reason to panic. Ethereum follows the path of Bitcoin


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: JeromeTash on September 18, 2022, 07:45:41 PM
The distribution is really terrible. I hope they can develop a new mechanism in place to prevent exchanges or pools to gain control of the network easily. Considering how often pools or exchanges got hacked, the risk is really not small. Even if they never want to attack the network, someone could "easily" hack them and do it.
I agree, and I wonder how they did not see this coming, especially after seeing what has always happened to all other POS coins. It's just a way of giving powers to whales and centralized custodial services, so long as they can manage to stake lots of ETH.

I hope the catastrophe that struck LUNA won't revisit ETH.


Title: Re: Ethereum miner statistics before the merge and after the merge
Post by: philipma1957 on September 19, 2022, 12:08:42 AM





*Before the merge

Mining pool                   Hash rate    
 
Ethermine                 - 124.4 TH/s
F2pool2                   - 76.5  TH/s
Hiveon pool               - 42    TH/s
2miners                   - 35.8  TH/s
Flexpool                  - 27.6  TH/s


*After the merge


staking pool                     staked Eth %

 
lido                                   31------------- frozen for the next year and change
Coinbase                           15-------------frozen for the next year and change
kraken                                8.38----------frozen for the next year and change
Binance                              6.64----------frozen for the year year  and change
stake .us                            2.98----------frozen for the next year and change


so all that staked shit is frozen solid

as for your pools viabtc had a lot and I have no idea when you pool stats were taken.

eth was almost 999th you are posting only 300th

plus the fact is a miner could move around from pool to pool

staked coins are frozen till 2024

and eth is slowly dropping  now under  1350 with zero reason to rise.

mr vb has burnt 25 million a day in liquid gross income.

for about 2 million a day in frozen income.

net loss of 23million a day or 8.395 billion a year burnt

actually way way way more than this because the mining income is constantly churned and move while the staked income is frozen solid.