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Author Topic: Pool Manager Fraud?  (Read 3400 times)
mrhelpful
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April 14, 2015, 03:51:11 AM
 #41

In my days of mining when like 2013, and BFL was still the hype.

I actually mined a good month with my BFL 5ghs using bitminter, and actually saw no problems at all and havent been cheated.  Saw a solid .1 btc produced so I expect the same now if I decided to use their pool today with same results.

Bitminter is also more user-friendly in my observation if you are not super technical. Also allows to use on MAC`s if you have one, which most havent done.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Geremia (OP)
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April 14, 2015, 05:41:19 AM
 #42

Here's an interesting paper that documents Wafflepool's fraud:
http://www.secureworks.com/cyber-threat-intelligence/threats/bgp-hijacking-for-cryptocurrency-profit/

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April 14, 2015, 06:15:50 AM
 #43

Not really pool manager fraud - it was done by the owner of the account on the pool that people weren't mining to but got redirected to.
That was a stratum redirect attack that I soon afterwards disabled in cgminer.
https://github.com/ckolivas/cgminer/commit/040b42c5c6596046a3621a73616f2babe4ae0bd2
Of course many miners were still running forks of cgminer and didn't update so were susceptible to this problem for a long time after that.

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