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Author Topic: For the love of god, point your miner away from deepbit  (Read 5663 times)
bullox (OP)
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June 08, 2011, 05:44:43 AM
 #1

He is undermining the concept of the currency.  it is dsitributed so that we can AVOID having a central authority.  He is in essence becoming the central authority to the block chain.  Since orphaned and/or forked block chains are not reported to anywhere, we will never know if he is perpetrating or attempting to perpetrate attacks with his dominant market share.

Other pools offer less fees and will amount to more payout over the same amount of time (on avg).  You are doing bitcoin a disservice by taking the essence of the currency and bending it over and letting someone have its way with it. 
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eMansipater
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June 08, 2011, 05:45:45 AM
 #2

lol, I do not understand why people would mine with deepbit.

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IlbiStarz
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June 08, 2011, 05:46:40 AM
 #3

We've got like 3 threads about this going on at the same time lol.

...and yet no one is doing anything.
CubedRoot
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June 08, 2011, 05:48:23 AM
 #4

Are there any moderators in these forums? LOL.  WOuld be nice to have all these deepbit hate threads combined for easy viewing.
Sideways
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June 08, 2011, 05:49:07 AM
 #5

Could someone ask the dude nicely to split the pool in two ? Deepbit1 and Deepbit2 ? Same shares system.. he'd still make the same running both pools, but they would 'compete' against each other to keep things the way they are supposed to be.
Would that work ?
rezin777
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June 08, 2011, 05:49:55 AM
 #6

Are there any moderators in these forums? LOL.  WOuld be nice to have all these deepbit hate threads combined for easy viewing.

There is no hate. It's simply a matter of the Bitcoin network's health. I would prefer the entire front page be threads about this until it is resolved.
IlbiStarz
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June 08, 2011, 05:50:18 AM
 #7

Are there any moderators in these forums? LOL.  WOuld be nice to have all these deepbit hate threads combined for easy viewing.

There is no hate. It's simply a matter of the Bitcoin network's health. I would prefer the entire front page be threads about this until it is resolved.

Kk let's make some threads Cheesy
Maged
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June 08, 2011, 05:50:52 AM
 #8

Could someone ask the dude nicely to split the pool in two ? Deepbit1 and Deepbit2 ? Same shares system.. he'd still make the same running both pools, but they would 'compete' against each other to keep things the way they are supposed to be.
Would that work ?

No. What matters is what he controls, not how large the pool is.

rezin777
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June 08, 2011, 05:51:44 AM
 #9

Are there any moderators in these forums? LOL.  WOuld be nice to have all these deepbit hate threads combined for easy viewing.

There is no hate. It's simply a matter of the Bitcoin network's health. I would prefer the entire front page be threads about this until it is resolved.

Kk let's make some threads Cheesy

Ehh, I'm not really a thread starter. Maybe you could bump some of the old ones. Smiley "You are threatening Bitcoin's security" is a good one.
CubedRoot
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June 08, 2011, 05:52:04 AM
 #10

Well as you can see from my sig, I dont mine in that pool. But its kinda funny that all this hysteria is only driving people to deepbit... its like free publicity.  
phillipsjk
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June 08, 2011, 05:52:27 AM
 #11

No. The concern is that the operator can be coerced into doing bad things to the network. Having one person control two mining pools does not solve the problem.

IMO, most people should be solo mining. Most people don't like the prospect of waiting over a month to process a transaction block.

James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE  0A2F B3DE 81FF 7B9D 5160
TurdHurdur
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June 08, 2011, 05:53:21 AM
 #12

Give Tycho 3% of all generated Bitcoin and you have an incentive for him to close registration.
interfect
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June 08, 2011, 05:53:39 AM
 #13

DeepBit is actually a CIA front for their massive cluster.
KnuttyD
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June 08, 2011, 05:57:27 AM
 #14

Is anyone contemplating a REAL DDoS?
Not something done by a single person, but by the community collectively?

inb4 unoriginal

If I helped you in some way, and you feel obligated to do so, you can tip me some coin!
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MCWey8
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June 08, 2011, 05:59:22 AM
 #15

I would like to let you know why i continue to use deepbit.net

I have been mining for 3 days today.

I dont have access to GPU's at the moment, im only getting 6-8 MHash/s

No other pool is allowing me to checkout 0.01 BTC .. which I will be finally achieving tonight (and i plan to take, lol)


but, yes I dont understand why so many LARGE rig owners are using it, If I had even 1 ATI 5850 i would be somewhere else for the lower fee.

Lower Fee = More Money

.0007xxxx per share is what deepbit is offering, and is lower than other Pay Per Share, but swesub i will have to mine 30 days with CPU to withdraw (.10 min limit) .. and continumm i would have to wait 10 months (1 BTC) ... so CPU miner's only friend atm deepbit, it lets me put 0.01 in my wallet, because if the pool crashes.. my bank could be gone .. and CPU mining takes a long time
TurdHurdur
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June 08, 2011, 05:59:44 AM
 #16

Is anyone contemplating a REAL DDoS?
Not something done by a single person, but by the community collectively?

inb4 unoriginal
My idea is a lot friendlier.
Sideways
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June 08, 2011, 06:00:29 AM
 #17


No other pool is allowing me to checkout 0.01 BTC .. which I will be finally achieving tonight (and i plan to take, lol)


I did that exact thing with my first .01 at BTC Guild =]
IlbiStarz
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June 08, 2011, 06:02:13 AM
 #18

I would like to let you know why i continue to use deepbit.net

I have been mining for 3 days today.

I dont have access to GPU's at the moment, im only getting 6-8 MHash/s

No other pool is allowing me to checkout 0.01 BTC .. which I will be finally achieving tonight (and i plan to take, lol)


but, yes I dont understand why so many LARGE rig owners are using it, If I had even 1 ATI 5850 i would be somewhere else for the lower fee.

Lower Fee = More Money

.0007xxxx per share is what deepbit is offering, and is lower than other Pay Per Share, but swesub i will have to mine 30 days with CPU to withdraw (.10 min limit) .. and continumm i would have to wait 10 months (1 BTC) ... so CPU miner's only friend atm deepbit, it lets me put 0.01 in my wallet, because if the pool crashes.. my bank could be gone .. and CPU mining takes a long time

I think your electricity bill would be more than what you are making...
KnuttyD
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June 08, 2011, 06:02:45 AM
 #19

Is anyone contemplating a REAL DDoS?
Not something done by a single person, but by the community collectively?

inb4 unoriginal
My idea is a lot friendlier.

I totally agree, and dont want to see ANY hostile action taken against part of the Bitcoin community, but Tycho is not responding to the "increase fee" method, which is what Im assuming you meant by "give him 3%" method.

If I helped you in some way, and you feel obligated to do so, you can tip me some coin!
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bullox (OP)
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June 08, 2011, 06:02:48 AM
 #20

Honestly im not opposed to the idea of DDoS'ing him.

We can't let bitcoins security be comprimised by the unaware masses when 1 person can change it.
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