Deepbit offline...

[yunk3r]

does anyone think this outage will drive the price of btc up. Since i assume all of us have btc in our deepbit account that has not been paid yet that will decrease the amount of coins that will go to market to sell decreasing supply. at least in the short term, and it is possible that we will not get the coins for a long time if not ever.

[1714180946]

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[anodyne]

The reason I prefer pie charts over regular pies is the wonderful fact that even if I eat more than half the slices the rest of them will magically grow to make sure the pie chart dish always is full...

 

Even before today, "other" was approximately equal in size to deepbit.

Do you know each and every entity that comprises "other"? Nope, neither do I.

So, all I was saying is that people are so focused on deepbit getting close to this magical 51% number, while "other" is a non-negligible chunk of the network. And, unlike deepbit, "other" could be largely composed of a single person or legal entity with malicious intentions, as far as anyone knows.

Just pointing out that at the moment "other" looks about as large as I would expect it to be after you take deepbit and slush out of the stats. And I also know that there are several known entities that don't have their own slices, including a few smaller pools that are on the forums, the xkcd and reddit pools, and a bunch of solo miners with multi-gigahash setups.

[Kick]

does anyone think this outage will drive the price of btc up. Since i assume all of us have btc in our deepbit account that has not been paid yet that will decrease the amount of coins that will go to market to sell decreasing supply. at least in the short term, and it is possible that we will not get the coins for a long time if not ever.

I know there are reasons for people leaving a lot of btc in their deepbit accounts, but im sure most people have the default payout at 10 or even less.

Frankly, I think it's stupid to leave your btc there

[Transisto]

Never again gonna give a shit about which pools I get into,  Solo FTW. !!!

I suggest you do the same to protect the network.

[1bitc0inplz]

Never again gonna give a shit about which pools I get into,  Solo FTW. !!!

I suggest you do the same.

lol... with my amazing 85 megahash/sec I'd totally NOT find a block 

[Nythain]

Never again gonna give a shit about which pools I get into,  Solo FTW. !!!

I suggest you do the same.

lol... with my amazing 85 megahash/sec I'd totally NOT find a block 

Could theoretically find one on your first hash

[1bitc0inplz]

Never again gonna give a shit about which pools I get into,  Solo FTW. !!!

I suggest you do the same.

lol... with my amazing 85 megahash/sec I'd totally NOT find a block  

Could theoretically find one on your first hash

I could also, theoretically, die of old age before I find one

[Transisto]

Never again gonna give a shit about which pools I get into,  Solo FTW. !!!

I suggest you do the same.

lol... with my amazing 85 megahash/sec I'd totally NOT find a block 

Think long term buddy,  the downside is that you end up losing time every time you check if you've won a block.

[1bitc0inplz]

Never again gonna give a shit about which pools I get into,  Solo FTW. !!!

I suggest you do the same.

lol... with my amazing 85 megahash/sec I'd totally NOT find a block 

Think long term buddy,  the downside is that you end up losing time every time you check if you've won a block.

Speaking of long term...

Since slush is down, I switched over to BTC Guild... 0% fees.... assuming I was a jack ass and didn't want to donate to BTC Guild.... wouldn't their 0% fee statistically be identically payout to solo mining, just levelized?

[Nythain]

You won't get transaction fees from a pool, at least not yet. But transaction fees are still so miniscule this early in bitcoins life. Also, "from a pool" might not be accurate, since I'm not sure if any of the newer pools that have popped up payout transaction fees too yet.

[Internet151]

I'm surprised bitcoinpool.com isn't in those charts, there running at around 130 ghashes/s atm.

[dpcc487]

deepbit was back up up for a few minutes, but is back down again.

[schnak]

Never again gonna give a shit about which pools I get into,  Solo FTW. !!!

I suggest you do the same.

lol... with my amazing 85 megahash/sec I'd totally NOT find a block 

Think long term buddy,  the downside is that you end up losing time every time you check if you've won a block.

Speaking of long term...

Since slush is down, I switched over to BTC Guild... 0% fees.... assuming I was a jack ass and didn't want to donate to BTC Guild.... wouldn't their 0% fee statistically be identically payout to solo mining, just levelized?

yes if your not paying a fee then pooled mining would be just like solo mining without having to wait for the full 50.

[anatolikostis]

deepbit was back up up for a few minutes, but is back down again.

yes, it`s back down...

[dpcc487]

Its back up, but payout isn't working...
Edit: I also can't change my payment address

[garanis]

The upside to deepbit dying is that the chain isn't so heavily dominated by one pool anymore. The more smaller pools there are the better.

[KnuttyD]

The upside to deepbit dying is that the chain isn't so heavily dominated by one pool anymore. The more smaller pools there are the better.

I dont think it will die, just like how Slush's pool didnt die when it went down
Just get smaller.

[yunk3r]

right now deep bit is saying it has 0 gh/s. that has to be some kind of error

[proudhon]

right now deep bit is saying it has 0 gh/s. that has to be some kind of error

Might be down again while he fixes payouts.

[SgtSpike]

Everything seems to be working now, but pool hash rate is down to 680GH/s.  It'll be interesting to see how much it recovers to original numbers.