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Author Topic: What just happened to Deepbit?  (Read 5262 times)
Maged
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June 08, 2011, 04:55:36 AM
 #21

Nothing until someone verifies a forged chain. Then its over (well, for now. to appease the long-term visionaries).
If a forged chain is verified wont a good portion of deepbit just move to a different mining pool to protect the security of bitcoin  as a whole?
Not likely. They don't check the forum... ever.

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KnuttyD
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June 08, 2011, 04:56:55 AM
 #22

Nothing until someone verifies a forged chain. Then its over (well, for now. to appease the long-term visionaries).
If a forged chain is verified wont a good portion of deepbit just move to a different mining pool to protect the security of bitcoin  as a whole?
Not likely. They don't check the forum... ever.

So what do we do about this security threat?

If I helped you in some way, and you feel obligated to do so, you can tip me some coin!
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kiwiasian
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June 08, 2011, 05:00:52 AM
 #23

Nothing until someone verifies a forged chain. Then its over (well, for now. to appease the long-term visionaries).
If a forged chain is verified wont a good portion of deepbit just move to a different mining pool to protect the security of bitcoin  as a whole?
Not likely. They don't check the forum... ever.

So what do we do about this security threat?

Nothing.
It is not in our control.

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rezin777
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June 08, 2011, 05:02:35 AM
 #24

Nothing.
It is not in our control.

Of course it is. Anyone mining at deepbit is doing their part to create an unhealthy network.
Notrem
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June 08, 2011, 05:04:16 AM
 #25

ok, so give me poole that has instant payouts and good PPS system
tehcodez
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June 08, 2011, 05:06:32 AM
 #26

ok, so give me poole that has instant payouts and good PPS system

So you'll end everything because you need instant gratification? This is why it's gonna be a long road to the future.
rezin777
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June 08, 2011, 05:07:28 AM
 #27

ok, so give me poole that has instant payouts and good PPS system

Ya know, Bitcoins are increasing in value. If you don't sell them right away you might actually make some extra money...
Notrem
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June 08, 2011, 05:08:20 AM
 #28

so ok, poole with good PPS ; )

kiwiasian
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June 08, 2011, 05:10:18 AM
 #29

Swepool.

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IlbiStarz
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June 08, 2011, 05:10:42 AM
 #30

so ok, poole with good PPS ; )



Why would you want PPS? PPS gives you the LEAST amount of money, plus Deepbit charges 10% fee on PPS!!
You can go to pools like btcguild, if you donate 2.5%, they give you instant payout as well. That beats the 10% fee by a lot -.-

It's better to be pissed off, than to be pissed on.
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Notrem
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June 08, 2011, 05:12:57 AM
 #31

I found pps better working for me (420mh/s) Today was like 2h round on deepbit. I got 0,6BTC, with PPS: 0,7BTC
rainsford
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June 08, 2011, 05:16:12 AM
 #32

I found pps better working for me (420mh/s) Today was like 2h round on deepbit. I got 0,6BTC, with PPS: 0,7BTC

Isn't that probably an edge case?  2 hours is a long round for deepbit, I believe.  The AVERAGE round length almost certainly results in a worse payout for PPS.  Mathematically isn't not possible that PPS with a 10% fee is better.  And unless you're in a tiny pool or only care about hour by hour amounts, the variance for non-PPS doesn't seem like enough to be a problem.

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Notrem
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June 08, 2011, 05:17:29 AM
 #33

ok,I moved to BTCguild ; )
IlbiStarz
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June 08, 2011, 05:17:45 AM
 #34

I found pps better working for me (420mh/s) Today was like 2h round on deepbit. I got 0,6BTC, with PPS: 0,7BTC

Then obviously, you have not been mining for very long, and or do not know about variance. You cannot compare PPS and Prop like this from ONE ROUND. At the very least compare for a week and then see.

It's better to be pissed off, than to be pissed on.
BTC : 1UgM1rqL9mFtH4PHF8TgvAaceymaKmhmP         LTC : LgCGw2WrRphr94RYS1qXHj2PUuYrTap4vk
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IlbiStarz
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June 08, 2011, 05:17:57 AM
 #35

ok,I moved to BTCguild ; )

Thank you.

It's better to be pissed off, than to be pissed on.
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FC : 6jc9PEmqxpMSxydfepHtshE4f2jMom1dAJ
Notrem
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June 08, 2011, 05:22:42 AM
 #36

lol, on BTC guild I have like  4 idle's to 2 accepted -.-
IlbiStarz
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June 08, 2011, 05:24:45 AM
 #37

lol, on BTC guild I have like  4 idle's to 2 accepted -.-

They are having server issues right now, they are getting new ones on Wed. and Thurs. to deal with the load.

Switch to Swepool or some other pool for now.

This is pretty bad..btcmine down, btcguild down, bitcoins.lc down, everyone is flocking to deepbit. Not helping the situation.

It's better to be pissed off, than to be pissed on.
BTC : 1UgM1rqL9mFtH4PHF8TgvAaceymaKmhmP         LTC : LgCGw2WrRphr94RYS1qXHj2PUuYrTap4vk
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tripper22
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June 08, 2011, 05:25:47 AM
 #38

There are lots of pools just pick anyone of them but Deepbit. Network security should be your #1 concern.
IlbiStarz
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June 08, 2011, 05:26:46 AM
 #39

There are lots of pools just pick anyone of them but Deepbit. Network security should be your #1 concern.

Sadly, for other people it isnt.

It's better to be pissed off, than to be pissed on.
BTC : 1UgM1rqL9mFtH4PHF8TgvAaceymaKmhmP         LTC : LgCGw2WrRphr94RYS1qXHj2PUuYrTap4vk
FC : 6jc9PEmqxpMSxydfepHtshE4f2jMom1dAJ
rezin777
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June 08, 2011, 05:28:58 AM
 #40

There are lots of pools just pick anyone of them but Deepbit. Network security should be your #1 concern.

Sadly, for other people it isnt.

Well, they are being silly. Why tempt fate when it's so easy to avoid such problems? Bitcoin may survive an attack, but will the public ever regain their trust? Let's not cut off our nose in spite of our face.
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