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Author Topic: WTF is this? Someone found a trick for fast mining? (part II)  (Read 3786 times)
nibor
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April 11, 2017, 06:52:38 AM
 #21

Why would you only allow +/-5 on the timestamp?  The protocol allows a much larger range than that.  In most cases, you should be able to get somewhere close to between -3300 and +7200.  

Was just to remain covert - any big timestamp diffs would be obvious.
valiron (OP)
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April 11, 2017, 08:56:58 AM
 #22

Why would you only allow +/-5 on the timestamp?  The protocol allows a much larger range than that.  In most cases, you should be able to get somewhere close to between -3300 and +7200.  

Was just to remain covert - any big timestamp diffs would be obvious.

You have big timestamp diffs all the time. Just look at how many non-chronological timestamps there are (4.6% of blocks from 2013 to 5/2015, from post #150 of old thread)
nibor
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April 11, 2017, 08:32:25 PM
 #23

You have big timestamp diffs all the time. Just look at how many non-chronological timestamps there are (4.6% of blocks from 2013 to 5/2015, from post #150 of old thread)

OK - so +/- 500 secs - but still wonder if anyone done the analysis on the 2x prime number of tx in blocks. If not will have a look.
ImHash
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April 11, 2017, 10:33:45 PM
 #24

Tell me something you geniuses, what happens when someone finds an unlimited power source and then deploy 800,000 of the best miners available and starts mining without worrying about the energy costs? someone found a way to profit more than others by mining more efficiently and now you are asking why and are bu*t hurt?  important thing is that they contributed the required computational power by the algorithm and besides the algorithm was there from the start publicly available unless bitmain developed the mining algorithm and implemented a back door in it? I don't think so. as always there will be hand above hands meaning there will always be someone smarter, accept the fact and move on because no crime were committed here.
kolloh
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April 12, 2017, 03:00:38 PM
 #25

Tell me something you geniuses, what happens when someone finds an unlimited power source and then deploy 800,000 of the best miners available and starts mining without worrying about the energy costs? someone found a way to profit more than others by mining more efficiently and now you are asking why and are bu*t hurt?  important thing is that they contributed the required computational power by the algorithm and besides the algorithm was there from the start publicly available unless bitmain developed the mining algorithm and implemented a back door in it? I don't think so. as always there will be hand above hands meaning there will always be someone smarter, accept the fact and move on because no crime were committed here.

Well, the only issue is that they are actively pushing against Segwit softfork due to the fact that it will mess up their AsicBoost and were wanting to hardfork instead.

https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f was a pretty good read about this.
valiron (OP)
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April 19, 2017, 10:38:24 AM
Last edit: April 19, 2017, 12:58:11 PM by valiron
 #26

I would really like to get an explanation about this.

Was really the "approximate Bitcoin mining" paper censored? Why?


Someone pointed me to that post with an explanation of why the other thread was locked. Is this true? It is disturbing to say the least...


Btw, the way valiron handled the first few people who trolled him in this thread is probably indicative of the way I should handle monsterer, but what was more shocking is how gmaxwell and his gang railroaded valiron and even apparently deleted Come-from-Beyond's post wherein CfB had linked to this white paper just today:

http://rakeshk.crhc.illinois.edu/dac_16_cam.pdf

What is incredible is to see gmaxwel (and the other huge egos over there in Bitcoin Technical Discussion) have his arrogant, totalitarian ass (their arses) handed to him (them) by valiron (who is apparently a PhD level researcher) and so what does Gmaxwell do? Today when CfB posts, he locks the thread and does his usual Hitler tactics.

Fucking amazing.

I will do my damn best to make the Bitcoin killer and dethrone Blockstream. I hope you all have noticed that Blockstream's Segregated Witness proposal is a Trojan Horse takeover of Bitcoin.
ImHash
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April 19, 2017, 11:21:14 AM
 #27

Let me give it to you in a way that a phD level researcher should take a hint, there is no law, no order in open source/ decentralized networks it's absolute chaos and that's the point because no one can actually restore any order, no one should be able to activate or block anything.
It's all goes back to majority consensus, I think Satoshi did a great job by leaving the scene because discussion and arguments seems never ending, he putted everything in the code and let the code to do the talking.


Hey all you guys SW is a trojan horse but guess what? you all can get a ticket inside to go and f"ck the Helen of troy sideways don't worry unless of course there is some SWboost miners ready only for a few to mine 21% more efficiently because with BU nothing really happens other than some big blocks and low fees but ASIC manufacturer gets to mine the rest of the remaining coins with only $400 total cost of mining per coin and then selling $1200+ to people while everyone else is mining using the cheapest electricity costing them $480.
Of course $80 is nothing but when you consider 100,000*$80=$8M.

Core team, they don't have boosted miners ready for more efficient mining if SW activates but how about BU/ Chinese miners?
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