Bitcoin Forum
April 27, 2024, 11:36:42 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: F2Pool is directly threatening Bitcoin's future  (Read 8119 times)
p3yot33at3r
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
December 12, 2015, 11:30:02 AM
 #21

I would STRONGLY advise all miners to move away from any SPV pool, not just f2pool.
1714261002
Hero Member
*
Offline Offline

Posts: 1714261002

View Profile Personal Message (Offline)

Ignore
1714261002
Reply with quote  #2

1714261002
Report to moderator
1714261002
Hero Member
*
Offline Offline

Posts: 1714261002

View Profile Personal Message (Offline)

Ignore
1714261002
Reply with quote  #2

1714261002
Report to moderator
"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714261002
Hero Member
*
Offline Offline

Posts: 1714261002

View Profile Personal Message (Offline)

Ignore
1714261002
Reply with quote  #2

1714261002
Report to moderator
OneInchWonder
Full Member
***
Offline Offline

Activity: 206
Merit: 100


View Profile
December 12, 2015, 12:15:39 PM
 #22

Depends on how busy the network is and the fee you used.
Since F2Pool put up their fee level, you might find that is part of the cause yes.

So I will need to a just  what  I did some fromantic last time. Thanks for the info.
Learning  new stuff all the time.

get.uber.com/drive/?invite_code=brianp6308ue
macbook-air
Sr. Member
****
Offline Offline

Activity: 324
Merit: 260


View Profile WWW
December 12, 2015, 01:00:11 PM
 #23


Your tx has been manually confirmed by us in block 388010.

mikefallen
Member
**
Offline Offline

Activity: 72
Merit: 10


View Profile
December 12, 2015, 02:06:56 PM
 #24

Depends on how busy the network is and the fee you used.
Since F2Pool put up their fee level, you might find that is part of the cause yes.

So I will need to a just  what  I did some fromantic last time. Thanks for the info.
Learning  new stuff all the time.


Up the fee you pay on your transaction later and it will be confirmed faster

Bitcointalk Trading Address: 149cRHxme8kP4grxg2f7cgyYTqGhZzvj6f
Pkzone
Full Member
***
Offline Offline

Activity: 154
Merit: 100


I2VPN Lead developer.Antidote to 3-letter agencies


View Profile WWW
December 12, 2015, 02:30:04 PM
 #25

I would STRONGLY advise all miners to move away from any SPV pool, not just f2pool.
Yep, I am moving from it too...
They are threatning bitcoin's future Cry

OneInchWonder
Full Member
***
Offline Offline

Activity: 206
Merit: 100


View Profile
December 12, 2015, 06:16:01 PM
 #26

Depends on how busy the network is and the fee you used.
Since F2Pool put up their fee level, you might find that is part of the cause yes.

So I will need to a just  what  I did some fromantic last time. Thanks for the info.
Learning  new stuff all the time.


Up the fee you pay on your transaction later and it will be confirmed faster

Yep thanks for the info. Smiley

get.uber.com/drive/?invite_code=brianp6308ue
philipma1957
Legendary
*
Online Online

Activity: 4102
Merit: 7768


'The right to privacy matters'


View Profile WWW
December 12, 2015, 08:12:52 PM
 #27

Depends on how busy the network is and the fee you used.
Since F2Pool put up their fee level, you might find that is part of the cause yes.

So I will need to a just  what  I did some fromantic last time. Thanks for the info.
Learning  new stuff all the time.


Up the fee you pay on your transaction later and it will be confirmed faster

and that is one of the points that are bad about SPV mining from any bigger pool (10% of the pie)

SPV mining =  empty blocks and the bigger you are the more empty blocks you can do.  SO  you can falsely drive transaction fees up up and away.

This has yet to really be easy to see but when the reward drops to 12.5 coins  big pools looking for cash can simply say the fee is 0.0005  or  0.0008  and you will be pressed to the wood to move coins.

The entire reason for mining is transactions.

So what has  happened here.  Is a few pools that were big kept block size small to raise fees more and now are keeping blocks empty to raise fees more.  The goose does not need to be cut open to get more golden eggs.
 
By my rough quess In the last 10 days there have been over 100 empty blocks.

This is  .2 coins a block or 20 full coins tossed for speed.  20 coins that pool ops could have or paid out to their miners.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
OneInchWonder
Full Member
***
Offline Offline

Activity: 206
Merit: 100


View Profile
December 12, 2015, 09:16:01 PM
 #28

In simple terms the SVP pools want to push higher transaction fees for when bitcoin go to 12.5.
The SVP is taking more then normal empty blocks to do this?


get.uber.com/drive/?invite_code=brianp6308ue
philipma1957
Legendary
*
Online Online

Activity: 4102
Merit: 7768


'The right to privacy matters'


View Profile WWW
December 12, 2015, 09:46:31 PM
 #29

In simple terms the SVP pools want to push higher transaction fees for when bitcoin go to 12.5.
The SVP is taking more then normal empty blocks to do this?



This is one issue I see with SPV.

I will write up like this.  There is a river people need to cross it.  So the King gave my fleet of boats 50 coins for making the trip empty or full.  I was happy so I sailed boats to get my 50 coins from the king.  As time went on people said wow I can cross the river on one of phils boats really cheap.

I got a tiny fee from the passengers but still got that 50 coins from the king.  So I got me a lot of boats  and my golden haired Norwegian relatives got in on the deal so we had 3 big fleets of boats  and control 60 percent between us.  While we are 3 separate fleets of boats we are countrymen and look out for each other.

The king see many boats crossing with lots of commerce his kingdom is growing.  He decides to cut the coin fee subsidy to the boat owners from 50 to 25.  Me and my two Norwegian countrymen see an opportunity.  We can send some empty boats faster then full ones thus collect 25 coins faster then others.. At the same time this empty boat deal makes for less space on the entire  set of all boats crossing.   So since we control 60% of the boats between us  we all decide to charge any passenger  0.0002 coins a trip essentially we are hurting quite a few people by this action.

This is one problem from SPV mining.

Forks soft forks and etc are more complex to explain but Kano can tell you how my boats could decide to cross a different river like we once did back in the summer of 2015 almost crashing all the boats since the fork was on the wrong side.

I am making it amusing but I am pissed at this.  Basically   I like to use those Norwegian fleets  f2pool was my favorite pool to mine.  I would do really high variable mining on solo.ckpool and on mmpool.org    then balance it with 0 variable pool like f2pool.  No can do since I now see a rocky road with SPV EMPTY BLOCK MINIG.  I may need to stop at antpool and a few others.

This is an easy fix  and or compromise and it is not being done.

here is one fix spilt the baby
 miners can do 1 day on an spv pool and 2 days on a none spv pool  =   really easy fix here. 

I now have 20 th on non- svp pools and 8.5th on spv pools

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
macbook-air
Sr. Member
****
Offline Offline

Activity: 324
Merit: 260


View Profile WWW
December 12, 2015, 11:30:27 PM
 #30

FYI, we have just updated the pool software to reduce the number of empty blocks. The effectiveness is yet to be evaluated, but I think it should help a lot.

philipma1957
Legendary
*
Online Online

Activity: 4102
Merit: 7768


'The right to privacy matters'


View Profile WWW
December 12, 2015, 11:44:04 PM
 #31

FYI, we have just updated the pool software to reduce the number of empty blocks. The effectiveness is yet to be evaluated, but I think it should help a lot.

Thank you I appreciate an effort on your part.

Hopefully  other SPV miners will follow suite.


▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
kano (OP)
Legendary
*
Offline Offline

Activity: 4466
Merit: 1800


Linux since 1997 RedHat 4


View Profile
December 13, 2015, 12:37:52 AM
 #32

FYI, we have just updated the pool software to reduce the number of empty blocks. The effectiveness is yet to be evaluated, but I think it should help a lot.
Well, unfortunately, it's either SPV+Empty blocks, or not SPV
So would you like to expand on your comment please?
I would hope you weren't also producing unnecessary Empty blocks after the SPV block change empty blocks?

Aside: On the other hand Empty blocks can be (and are also) produced by pools that are presumably not SPV mining ... e.g. Eligius

Also, in case the idea meandered through your mind, if you are just throwing in some extra transactions you are yourself generating to hide the empty blocks, it will be obvious.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
Prelude
Legendary
*
Offline Offline

Activity: 1596
Merit: 1000



View Profile
December 13, 2015, 12:51:59 AM
 #33


I also have a transaction that isn't confirming. I paid the fees the client suggested. Weird.

If anyone's curious: https://blockchain.info/tx/78fb4bb40720619d45a2f6506591628ffacac4c70e48a5b88d1cfbdbd07dc9bf
P4ndoraBox7
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


www.DonateMedia.org


View Profile WWW
December 13, 2015, 01:18:14 AM
 #34

We should hire some suicide bombers that will collapse their farms, thats all...They will be paid in Bitcoin no worry, it will be anonymous Tongue

On a serious note, I think if they do that, the other 78% will retaliate or something...An accident happen so fast heh... Roll Eyes

DarkStar_
Legendary
*
Offline Offline

Activity: 2758
Merit: 3282


View Profile WWW
December 13, 2015, 01:25:05 AM
 #35



Also, that 1 transaction is only the newly generated coins.
Really stupid.

taking a break - expect delayed responses
OneInchWonder
Full Member
***
Offline Offline

Activity: 206
Merit: 100


View Profile
December 13, 2015, 02:16:34 AM
 #36


I also have a transaction that isn't confirming. I paid the fees the client suggested. Weird.

If anyone's curious: https://blockchain.info/tx/78fb4bb40720619d45a2f6506591628ffacac4c70e48a5b88d1cfbdbd07dc9bf

Yep. It took like 12 hours more me. For me it was no big deal, just some change.
I think it's strange how transactions get processed due to the amount of the fee in there.

get.uber.com/drive/?invite_code=brianp6308ue
OneInchWonder
Full Member
***
Offline Offline

Activity: 206
Merit: 100


View Profile
December 13, 2015, 02:23:31 AM
 #37

Just looked Antpool got a few 25.0000  blocks.

get.uber.com/drive/?invite_code=brianp6308ue
os2sam
Legendary
*
Offline Offline

Activity: 3578
Merit: 1090


Think for yourself


View Profile
December 13, 2015, 02:34:00 AM
 #38


I also have a transaction that isn't confirming. I paid the fees the client suggested. Weird.

If anyone's curious: https://blockchain.info/tx/78fb4bb40720619d45a2f6506591628ffacac4c70e48a5b88d1cfbdbd07dc9bf

Yep. It took like 12 hours more me. For me it was no big deal, just some change.
I think it's strange how transactions get processed due to the amount of the fee in there.

What's strange about that?

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
OneInchWonder
Full Member
***
Offline Offline

Activity: 206
Merit: 100


View Profile
December 13, 2015, 02:42:34 AM
 #39

I did not know that less fee in the transaction takes longer to process.

get.uber.com/drive/?invite_code=brianp6308ue
os2sam
Legendary
*
Offline Offline

Activity: 3578
Merit: 1090


Think for yourself


View Profile
December 13, 2015, 02:47:48 AM
 #40

I did not know that less fee in the transaction takes longer to process.

Mining blocks is not cheap.  Miners/pools deserve to be paid for their work.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!