ehoffman (OP)
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March 12, 2013, 12:20:58 PM |
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One miner on terracoins have 51%+ power
As of now, global hash rate is 51.4270GH/s One miner, on Coinotron is hashing at a rate of 45.813GH/s
Is it bad? Probably he's not malicious, but he could if he wanted...
Edit: Ah, he just left!
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rupertbg
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March 12, 2013, 12:24:49 PM |
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well unless they freely trade their coins wouldn't it just end up with the ppcoin economy collapsing as users would just go elsewhere?
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ehoffman (OP)
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March 12, 2013, 12:32:31 PM |
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I messed up, it was terracoins... I adjusted original post...
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crazy_rabbit
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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March 12, 2013, 12:51:04 PM |
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Maybe someone testing out their new asic? EDIT: All of TRC so far is worth only a few BTC, so it's not a problem- yet of course. For a big chunk of time at the start of LTC one miner had more then 51% of the network and that turned out okay. I suspect they see a chance to plow it for a few days and then go back to their normal business and save what they made till it's worth more. It they were trying to 51% the network, (which they aren't) you wouldn't see them on our network. They would be grinding away in private to outrun the main chain. Here they are on Coinotron- which means they are actually SECURING the network.
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more or less retired.
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coinotron
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March 12, 2013, 08:23:04 PM |
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One miner on terracoins have 51%+ power
As of now, global hash rate is 51.4270GH/s One miner, on Coinotron is hashing at a rate of 45.813GH/s
Is it bad? Probably he's not malicious, but he could if he wanted...
Edit: Ah, he just left!
Actually his max hashrate was ca. 130 GH
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crazy_rabbit
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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March 12, 2013, 11:54:36 PM |
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One miner on terracoins have 51%+ power
As of now, global hash rate is 51.4270GH/s One miner, on Coinotron is hashing at a rate of 45.813GH/s
Is it bad? Probably he's not malicious, but he could if he wanted...
Edit: Ah, he just left!
Actually his max hashrate was ca. 130 GH An ASIC perhaps? That would be interesting to see! Testing an ASIC on TRC. :-)
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more or less retired.
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crazy_rabbit
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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March 13, 2013, 12:08:38 AM |
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I like how that sounds "VGA MINER". :-)
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more or less retired.
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flound1129
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March 13, 2013, 12:09:13 AM |
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One miner on terracoins have 51%+ power
As of now, global hash rate is 51.4270GH/s One miner, on Coinotron is hashing at a rate of 45.813GH/s
Is it bad? Probably he's not malicious, but he could if he wanted...
Edit: Ah, he just left!
Hmm that must be who was driving up the difficulty...
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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iCEBREAKER
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Crypto is the separation of Power and State.
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March 13, 2013, 12:17:28 AM |
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I like how that sounds "VGA MINER". :-)
Watch out, I'm using my mighty TRIDENT 1024 to fork TC.
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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crazy_rabbit
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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March 13, 2013, 12:23:13 AM |
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I like how that sounds "VGA MINER". :-)
Watch out, I'm using my mighty TRIDENT 1024 to fork TC. Shit! I'm turning on my Amiga to support the chain!
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more or less retired.
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meebs
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March 13, 2013, 12:23:38 AM |
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One miner on terracoins have 51%+ power
As of now, global hash rate is 51.4270GH/s One miner, on Coinotron is hashing at a rate of 45.813GH/s
Is it bad? Probably he's not malicious, but he could if he wanted...
Edit: Ah, he just left!
Actually his max hashrate was ca. 130 GH An ASIC perhaps? That would be interesting to see! Testing an ASIC on TRC. :-) I'd do it if i had an ASIC... those things would be one big alt coin vacuum! just mine different coins for 30 minutes here and there and get the equivalent of what i'd get in a day at 2.6 ghash.
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