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Author Topic: Boycott the "50BTC", "BTC Guild" and "Deepbit" pools. They are too big.  (Read 4184 times)
BC Systems
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September 05, 2012, 04:16:22 AM
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These three networks comprise of 50% of the network. Their collaboration and/or seizure could cause the Bitcoin network trouble.

It is highly recommended that you move to a smaller pool in order to decentralize the network.

Thank you.

BC Systems VLLC.
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crazyates
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September 05, 2012, 04:23:20 AM
 #2

Even the biggest pool is still < 20% of the entire network. Although I am a big fan of Ozcoin Wink

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squid
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September 05, 2012, 05:38:37 AM
 #3

Eventually, someone will build a much more user friendly p2pool which will cause a mass exodus from these pools to create a decentralized mining network. Just a prediction thought! Smiley
Shadow383
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September 05, 2012, 06:15:13 AM
 #4

Isn't EclipseMC bigger than BTCGuild anyway?
live627
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September 05, 2012, 06:24:43 AM
 #5

These three networks comprise of 50% of the network. Their collaboration and/or seizure could cause the Bitcoin network trouble.

It is highly recommended that you move to a smaller pool in order to decentralize the network.

Thank you.
Who's recommendation? Is this BS?
zerokwel
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September 05, 2012, 06:47:56 AM
 #6

lulz

soo pointless not even worth answering. Also btcguild is the bigger of the 2
EclibpseMC Current Speed:   1.56 TH/ 
btcguild Pool Speed 2,520.36 GH/se

BTW this was pulled from both home pages seconds ago so might be different when you check
organofcorti
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September 05, 2012, 07:35:27 AM
 #7

According to last weeks averages, they're not quite there yet:

http://organofcorti.blogspot.com.au/2012/09/2nd-september-weekly-pool-statistics.html

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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os2sam
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September 05, 2012, 10:53:38 AM
 #8

It's funny how people search for things to panic about.  What next? will there be a call to boycott the unknown section?

The hysteria was bad enough when just one pool approached 50% now we have to worry about 3 pools combined.  Next we'll have to worry about, what 6 pools? 8 or more?

Ridiculous.
Sam

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JMAHH
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September 05, 2012, 11:05:45 AM
 #9

What IS this BS?

"too" big?

"it is highly recommended"?

lurk more
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September 10, 2012, 02:59:37 PM
 #10

go for slush, he is trustworthy and he has the first pool ever...
organofcorti
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September 10, 2012, 10:14:55 PM
 #11

go for slush, he is trustworthy and he has the first pool ever...

No, the first pool ever was doublec's first pool based on puddinpop's method of pooled mining (I think)

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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doublec
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September 11, 2012, 03:45:02 AM
 #12

No, the first pool ever was doublec's first pool based on puddinpop's method of pooled mining (I think)
Yes, I think the pool I ran based on puddinpop's code was the first public pool. It predated the "Difficulty 1" mining idea that I think Slush came up with. Here's the original pool page and the thread about it.
VeeMiner
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September 19, 2012, 07:04:25 AM
 #13

No, the first pool ever was doublec's first pool based on puddinpop's method of pooled mining (I think)
Yes, I think the pool I ran based on puddinpop's code was the first public pool. It predated the "Difficulty 1" mining idea that I think Slush came up with. Here's the original pool page and the thread about it.

ok the first still running pool then Smiley
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September 19, 2012, 08:52:08 PM
 #14

Eventually, someone will build a much more user friendly p2pool which will cause a mass exodus from these pools to create a decentralized mining network. Just a prediction thought! Smiley
+1 to this

p2pool is the solution

but yes, now it's a bit hard to use for the newbie.

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September 19, 2012, 09:28:15 PM
 #15

I set it up in half an hour... isn't that hard on windows Smiley

I have on GH/s directed there and I'm willing to switch there next month!

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