12 hobbiests totalling 1000 units is not enough reason to call out a country of 1.35BILLION people as corrupt

i bet i can find atleast 12 people in america stealing electric (out of 318mill) so should we call ALL americans corrupt
4200 Philadelphians stealing electric

its the penny pinchers that dont want to put any effort in and want free handouts and not caring for security who propose POS

the silly thing is that even if bitcoin went over to POS (destroying security) wont actually spread the wealth.
the rich will get richer and the poor wont get anything. so it helps no one.

those that think POS is good are ones that have used crapcoins where there are only a couple dozen->hundred users and so those users see some income due to lack of activity/competition/choice.. yet on a scale of bitcoin they wont see an income.

we should not change bitcoins mechanism unless it provides MORE security
we should not change bitcoins mechanism for the fake dream of spreading wealth

security should be paramount

i mean instead of being dynamic where the network can grow without endless downloads by allowing the node users to manually choose their own preference in a setting and broadcast that preference in a way the network can see and grow when satisfactory consensus is reached.

core instead are 'thinking' of just having a fixed 2mb implementation. and lets say in a few years when we want to go passed 2mb we again need core to release another implementation with a higher number. endlessly needing to plead to core to release code. rather than self management and using consensus without downloads

not really a 'farm' lol.. 50 asics vs 125,000 asics.. is small fry (hobbiest)

your research about the world seems to be outdated by 50 years.
if you think saudi's live in tents. its time you update yourself

back to the topic
i am a realist. i dont oversell exaggerate things and i dont kiss ass to any particular group.

all of segwit 'features' are exaggerated and just kicking the stone down the road, delaying REAL chances of scaling and REAL growth.
basically bait and switching.

no malleability to double spend. so core adds atleast 3 new mechanisms to cause double spends (facepalm).. end result is that double spends are still an issue.
the bribary 'segwit tx fee discount' is not bringing prices back below 1cent. it instead will bring prices to 4cents.. the same average as 6-12 months ago.

this is done by adding new things to push the price forward so the price when discounted is just reverting to prices AFTER hyping up segwit last year.

the tx increase of 1.8x-2.1x is based on 100% of users using segwit. so dont expect that in reality.

new features like CLTV and CSV combined to be a real world reality for LN users of 'chargebacks'
CLTV add a 'maturity' date that is much like having funds put on hold and not available balance (like mining rewards have a 100block maturity)
CSV have a revoke code ability that during this maturity period. the other LN party can revoke the funds (chargeback)
making LN a paypal/visa 2.0. yep you can do lots of tx's real fast, but when it comes to settling. you have to wait and hope your settlement is not revoked/charged back

here is america reporting on ITSELF
28th out of 188

the 'costs' of labour and generation.. are the difference between 2.5c to the 5cent retail.
also if you have not researched.. the big farms such as antpool and btcc are using solar /renewables.

its the 'residential' level that use oil. which as my initial post on this topic concerned.. just 12 small hobbiests. not the mega farms/pools.
if you really want a ecological damaging target. aim your sights at saudi arabia.

as for thinking america is paying for 'environmental controls' LOL sorry.. that money is being spend on drones, tanks and guns to invade the middle-east at steal the oil to give to saudi arabia.. there is nothing environmental about the obsurd taxes the US and UK charge people on fuel.

nope the 1667 is not based on 100% efficiency.

also there are 2 types of oil 'sweet' (pure) and 'sour' (dirty).
if they were to buy dirty oil at lets say 600kwh production. the price of sour oil is alot cheaper than the $42 average. which still brings the price per kwh as being ~3cent (below the 5cent retail)

thus its not subsidised.
usa are not environmentalists either
https://www.theguardian.com/environment/2016/apr/20/dangerous-air-pollution-us-population-report
http://news.mit.edu/2013/study-air-pollution-causes-200000-early-deaths-each-year-in-the-us-0829
this next one is the most poignant
https://en.wikipedia.org/wiki/Deepwater_Horizon_oil_spill
i could go on but google has the answers which you can search yourself

your lack of understanding other countries seems to be your Achilles heel. you seem to be very biased about america and treat other countries as inferior or a threat
even a simple google search found 2tb hard drives available in france
http://www.darty.com/nav/achat/mp/informatique/disque_dur_cle_usb/disque_dur_interne/seagate_technology_seagate_barracuda_7200_14_sata_6gb_s_2_to__MK154801146.html


though you seem OVER patriotic to america. your sense of awareness of other countries and your racist hypocrisy leaves me to let you watch this.
https://youtu.be/VMqcLUqYqrs?t=32s
dont just watch the first minute. watch it all. it will awaken you that america is not great and perfect

^ this guy gets it

im still laughing..

blame 12 hobbiests for stealing electric and exaggerate them into being world destroying eco-terrorists.
yet.. its actually the saudi's that are damaging the planet.

lol not fact.

do the maths. making electric is cheaper then you think.


so lets take $42(more accurate then occasional $40)

$42/1667kwr=$0.025/kwh

the reason america charge upto 10cents a kwh and UK charge upto 20p/kwh is due to added tax and corporate profits.
but to get to the point is costs less than 3cents to make electric so china charging 5cents is not 'subsidised'

if american homes stole electric for their hobbies they would say they are doing it as their legal right to revolution or some other crap.
but if just 12 people in china do it. we see all the doomsday exaggerations.. in short racist hypocrits (by the way im a white brit)

you will always have some greedy hobbiest trying to syphon free cable/electric from neighbours.
the fact they authorities only found 12 people.. is nothing shocking or newsworthy.

as for immorals of bitcoin mining and the cost saving.... is only ~$225 every 6months per ASIC.(based on china's average 5cent/kwh electric)
i dont see this immoral greed outwighing the cost saving that real farms make by manufacturing the ASICS.

take bitmain. at a cost of only a couple hundred dollars to make a rig but retailing it at $1,500.. ever customer they have is literally giving bitmain a couple rigs to run FOR FREE.

EG
customer buys a rig @$1500.. bitmain can make 5 rigs for that. or 3 rigs and have $600 spare in their pocket.
so they hand one rig to the customer.. and then bitmain run their 2 remaining 'free' rigs themselves and have $600 spare to cover electric for both of those rigs for ~8 months

so even if some hobbiest is stealing electric. it still cost them $1500 for the rig.. which real farms (antpool) dont have any upfront costs. so no worries

lol you are really scraping the bottom of the barrel.
the funny thing is
2mb base 4mb weight.
or
1mb base 4mb weight.

amount to the SAME maximum bloat potential either way, for CONFIRMED BLOCKS (not in mempool anymore)

allowing more tx's into a block, does not actually cause mempools to get flooded. quite the opposite

this 4mb max is also on the contingent that EVERYONE uses segwit to achieve the 4mb max. or we will see a more realistic well under 2mb expectation within under 3 months time frame you gave.
after all when any scalability is activated. it takes time for nodes to use the feature and takes time for pools to test the water at 1.001mb for orphan risk and slowly grow once they get confident. so dont expect max bloat straight away

again learn reality and stop exaggerating.

as for running 100 nodes.. why would someone do that and why would running 100 nodes mean anything.
if your currently running 100 nodes then your shooting yourself in the foot with a sybil attempt that is only hurting yourself.

but if you are worried about mempool bottleneck . worry more about nlocktime of 1 hour 59 minutes. that can force mempools to fill up

nlocktime is not an issue. nodes will just reject and not relay transactions if the nlocktime is a year away.

however, double spenders /malicious users can put transactions with 1hr 59 minutes locktime.. try to sway merchants to accept the tx while unconfirmed to prevent having to wait near 2 hours for it to confirm (or not).. and then use RBF/CPFP to then make a new transaction to swap the funds to a different destination after the merchant has lazily and wrongly done a trade based on an unconfirmed tx.

there are other new features that can be used by malicious users to screw with merchants. but thats offtopic to your initial question

if you do the maths. these thefts are not from the big pools.. but from 'hobby' miners.

1000 unit siezed from 12 locations.. that less than 84 units per location on average.

yet the main pools have HUNDREDS of thousands each.. thus unrelated to pools/farms

to me i see this as some 12 poor guys bypassing their residential electricity meter. and has nothing to do with the big players.
the funnier thing is many libertarians and survivalists in america also bypass their residential electricity meters to not have to pay electric to the corps they hate.
many stories in america of people stealing cable from their neighbour.

i dont see this as an attack against the pools.. just the small hobby miners that have no morals but lots of greed

i have recieved many attempts of malleability in the past.. but guess what. i reject them, i never been a victim of malleability because i know what to look for.
however things like RBF, CPFP CSV open up a new can of worms.. the funny part is you snipped off that part because you fear talking about it to realise im right. double spends have not been fixed for those too lame to do proper checks.

if you think double spends have been fixed. your in for a rude awakening.

block inflate??, 8mb... um.. no.. the consensus round tables and multiple debates have settled and compromised to a 2mb base 4mb weight.
i think you need to call your cries a 'block exaggeration'.. because its only you inflating the numbers of the real debate
wake up to reality and learn whats real.




im a realist.
RBF CPFP CSV... learn it.

yes they take away malleability as a way to double spend.. but then open up and give the world atleast 3 NEW ways to double spend. meaning double spend is not solved.

much like someone changing the locks on the front door of your house to avoid you getting robbed but then taking away the lock on the back door.. leaving a window open that cant be locked and leaving the garage door without a lock. all of which used to be secure

no point circle jerking to people that already know bitcoin by using fake adverts that bitcoin is utopia.. when bitcoin still has issues. people should be aware of the issues so that they can do some proper checks on the data they handle. rather then stick head in the sand, ass in the air shouting thank you core now take me up the rear.

the human broadcasted alerts have gone and wont return.
but your node whether its super old or even latest will still alert you when your node itself cannot verify block/tx data

in short dont expect a message from a person telling you of issues.(as this has changed)
 but instead rely on your node doing its own independant checks/validation and alert you if there was a problem(this has not changed)