del

[hatshepsut93]

Bitcoin is supposed to be resistant to any attacks, otherwise it wouldn't be able to work properly and won't have any significant value. Mining empty blocks - for whatever reasons, can be considered as "transaction withholding attack", and the network has mechanisms to deal with it - since this causes fees to go higher, honest miners are getting much more profit, and are able to afford more hashpower later, thus decreasing profits of attackers even further and even putting them in loss because of increased difficulty. We shouldn't take any actions like forking, banning Antpool, etc. The system will reach new equilibrium soon.

[Oznog]

Bitcoin is supposed to be resistant to any attacks, otherwise it wouldn't be able to work properly and won't have any significant value. Mining empty blocks - for whatever reasons, can be considered as "transaction withholding attack", and the network has mechanisms to deal with it - since this causes fees to go higher, honest miners are getting much more profit, and are able to afford more hashpower later, thus decreasing profits of attackers even further and even putting them in loss because of increased difficulty. We shouldn't take any actions like forking, banning Antpool, etc. The system will reach new equilibrium soon.

I think you're wrong.

There is nothing Bitcoin Core can do against the empty blocks.

The attacker is Bitcoin Core by extruding the network with an artificial block limit.

Miners -with sufficient consensus- have the right and opportunity to create fully valid empty blocks, which can not be revoked, nor is it useful to ban IPs from some nodes.

It seems a lie that suddenly so many people do not understand the fundamentals of Bitcoin.

[olubams]

Fees are going through the roof, block space is needed like water in desert and condoms in the red district.

And yet you have these PoS , doing this
https://blockchain.info/en/blocks/AntPool

Miners are going to play with bitcoin just like banks are destroying fiat.

The miners needs to be decentralised because it seems because they control large percentage of the activities that's why they are influencing everything but I feel they will still continue to maintain the dominance and there is no stopping on that anytime soon because individuals can no longer mine due to difficulty the other option is for another large corporation to take charge before its too late.

[bitart]

Bitcoin is supposed to be resistant to any attacks, otherwise it wouldn't be able to work properly and won't have any significant value. Mining empty blocks - for whatever reasons, can be considered as "transaction withholding attack", and the network has mechanisms to deal with it - since this causes fees to go higher, honest miners are getting much more profit, and are able to afford more hashpower later, thus decreasing profits of attackers even further and even putting them in loss because of increased difficulty. We shouldn't take any actions like forking, banning Antpool, etc. The system will reach new equilibrium soon.

Interesting, but if there's someone/something that can finance that lost profit for a while, it could really cause some trouble.
What if those pools are sharing the loss of the empty blocks, I mean if all pools (mining empty blocks) are agreed (because of greed) for mining the empty blocks and sharing the loss for a period of time, to monopolize the mining?

[jorrit]

Bitcoin is supposed to be resistant to any attacks, otherwise it wouldn't be able to work properly and won't have any significant value. Mining empty blocks - for whatever reasons, can be considered as "transaction withholding attack", and the network has mechanisms to deal with it - since this causes fees to go higher, honest miners are getting much more profit, and are able to afford more hashpower later, thus decreasing profits of attackers even further and even putting them in loss because of increased difficulty. We shouldn't take any actions like forking, banning Antpool, etc. The system will reach new equilibrium soon.

Interesting, but if there's someone/something that can finance that lost profit for a while, it could really cause some trouble.
What if those pools are sharing the loss of the empty blocks, I mean if all pools (mining empty blocks) are agreed (because of greed) for mining the empty blocks and sharing the loss for a period of time, to monopolize the mining?

That is scary and logical at the same time. Hope you are wrong even though your reasoning is sound. What would it take to change Bitcoin Core to prevent this from happening moving forward?

[BrewMaster]

Antpool is no enemy of Bitcoin.
Just from Bitcoin Core.
Why?

Bitcoin Core is now:
More slower: +20m between blocks.
More expensive: +$60 fees.
More insecure: BCH 50.17% hashpower.

Fucking true story!

yeah Antpool is a saint.
bitcoin core is shit
much more slower: 1 block every 3 days
much more expensive: fees are 2 billion dollar per transaction
much more insecure: nobody is mining bitcoin anymore, there is only one person in his basement mining it with a cell phone. everyone is mining BCH now. even aliens are mining BCH, yesterday i read some Martians have started mining BCH because they find it very good for their planet. the hashrate of BCH is not 1 quadrillion PHS
Fucking truer story!

/s

[Oznog]

Antpool is no enemy of Bitcoin.
Just from Bitcoin Core.
Why?

Bitcoin Core is now:
More slower: +20m between blocks.
More expensive: +$60 fees.
More insecure: BCH 50.17% hashpower.

Fucking true story!

yeah Antpool is a saint.
bitcoin core is shit
much more slower: 1 block every 3 days
much more expensive: fees are 2 billion dollar per transaction
much more insecure: nobody is mining bitcoin anymore, there is only one person in his basement mining it with a cell phone. everyone is mining BCH now. even aliens are mining BCH, yesterday i read some Martians have started mining BCH because they find it very good for their planet. the hashrate of BCH is not 1 quadrillion PHS
Fucking truer story!

/s

https://en.wikipedia.org/wiki/Reductio_ad_absurdum

[HTracer]

China miners moonlight and ignorance of BCH investors make up explosive mixture. A lot of noise again.

[TheButterZone]

/sadtrombone

https://blockchain.info/blocks/AntPool

[stompix]

/sadtrombone

https://blockchain.info/blocks/AntPool

They've realized that they were :

- losing money
- creating enemies
- losing hashing power by having miners leaving their pool
- unable sustain this long term
- not using their brains to at least 1% capacity to realize it was a stupid idea in the first place
?

I don't know what they tried to prove but it seems it has terribly gone wrong
 

[cellard]

Fees are going through the roof, block space is needed like water in desert and condoms in the red district.

And yet you have these PoS , doing this
https://blockchain.info/en/blocks/AntPool

Miners are going to play with bitcoin just like banks are destroying fiat.

Not only are they trying to manipulate markets with their hashrate to meet their agenda and funding a lot of harmful thins for bitcoin like BCash etc, but now they are patenting everything that has to do with ASICs in order to monopolze even more their position:

https://patents.google.com/patent/CN105045364A/en

Bitmain is trying to patent widely used efficient serial power layout which would affect all mining manufacturers. This must be stopped. Not even a PoW algo change could stop this mess. Of course this comes after their ASICBoost scam gets killed by segwit.

[stompix]

Fees are going through the roof, block space is needed like water in desert and condoms in the red district.

And yet you have these PoS , doing this
https://blockchain.info/en/blocks/AntPool

Miners are going to play with bitcoin just like banks are destroying fiat.

Not only are they trying to manipulate markets with their hashrate to meet their agenda and funding a lot of harmful thins for bitcoin like BCash etc, but now they are patenting everything that has to do with ASICs in order to monopolze even more their position:

https://patents.google.com/patent/CN105045364A/en

Bitmain is trying to patent widely used efficient serial power layout which would affect all mining manufacturers. This must be stopped. Not even a PoW algo change could stop this mess. Of course this comes after their ASICBoost scam gets killed by segwit.

The date on that patent is 2015.
And at that time there was no imminent danger for them because of the latter segwit project.

Actually I think that it doesn't matter what way BTC goes, they just want to twist it in such way they earn more out of it.
Same with the patent.They want to milk everything.

And the whole thing would be funny if we would not throw in the irony of a decentralized coin which is outside the rules of any laws.
So ... they are free to do whatever they want.Unfortunately.

[ekoice]

Antpool is no enemy of Bitcoin.
Just from Bitcoin Core.
Why?

Bitcoin Core is now:
More slower: +20m between blocks.
More expensive: +$60 fees.
More insecure: BCH 50.17% hashpower.

Fucking true story!

yeah Antpool is a saint.
bitcoin core is shit
much more slower: 1 block every 3 days
much more expensive: fees are 2 billion dollar per transaction
much more insecure: nobody is mining bitcoin anymore, there is only one person in his basement mining it with a cell phone. everyone is mining BCH now. even aliens are mining BCH, yesterday i read some Martians have started mining BCH because they find it very good for their planet. the hashrate of BCH is not 1 quadrillion PHS
Fucking truer story!

/s

I think these miners will not stop fighting until they make this wonderful technology Bitcoin to get completely destroyed.Main problem arises mostly from chinese miners and its a grave mistake of bitcoiners all over the world for letting them to dominate the bitcoin mining.Due to it,we are facing such consequences.We will be soon offered a bitter cake.These chinese miners are not at all loyal to bitcoin.All they need is quick money at any cost.All true bitcoiners wish is that bitcoin must not be left to be ruined.Bitcoin should continue to succeed transforming lives of many more thousands of people.

[offlinedragon]

Fees are going through the roof, block space is needed like water in desert and condoms in the red district.

And yet you have these PoS , doing this
https://blockchain.info/en/blocks/AntPool

Miners are going to play with bitcoin just like banks are destroying fiat.

I have noticed that too, now it takes forever for transactions to get confirmed and the fees keep rising, I think most miners are switching to bitcoin cash, there are now lots of unconfirmed transactions on the network.

[lottery248]

Miners becoming banks.
Charging you for your own money.
Seen it before.

not been only this, they are grouping themselves for rigging almost the whole blockchain to force people to pay far higher fees else the transactions are drowned.

[bitart]

Fees are going through the roof, block space is needed like water in desert and condoms in the red district.

And yet you have these PoS , doing this
https://blockchain.info/en/blocks/AntPool

Miners are going to play with bitcoin just like banks are destroying fiat.

I have noticed that too, now it takes forever for transactions to get confirmed and the fees keep rising, I think most miners are switching to bitcoin cash, there are now lots of unconfirmed transactions on the network.

It's very unusual, in the last weeks we haven't had such a high amount of transactions in the mempool:

According to fork.lol, the BTC DARI is higher again (changed around 18:00 14th Sep.) then the BCH DARI, so this could be the reason of the decrease of the BTC mempool, which can be seen on the last part of the mempool graph.

[Preclus]

Bitcoin is supposed to be resistant to any attacks, otherwise it wouldn't be able to work properly and won't have any significant value. Mining empty blocks - for whatever reasons, can be considered as "transaction withholding attack", and the network has mechanisms to deal with it - since this causes fees to go higher, honest miners are getting much more profit, and are able to afford more hashpower later, thus decreasing profits of attackers even further and even putting them in loss because of increased difficulty. We shouldn't take any actions like forking, banning Antpool, etc. The system will reach new equilibrium soon.

Interesting, but if there's someone/something that can finance that lost profit for a while, it could really cause some trouble.
What if those pools are sharing the loss of the empty blocks, I mean if all pools (mining empty blocks) are agreed (because of greed) for mining the empty blocks and sharing the loss for a period of time, to monopolize the mining?

This has been going on for years now. There were complaints about it years ago but the miners said too bad, that's the protocol. They are right. There's always alts.

[BitcoinCommodor]

Fees are going through the roof, block space is needed like water in desert and condoms in the red district.

And yet you have these PoS , doing this
https://blockchain.info/en/blocks/AntPool

Miners are going to play with bitcoin just like banks are destroying fiat.

No wonder, I have noticed that transactions on the network have now been taking forever to get confirmed, it now seems that transactions are piling up everyday to get confirmed, and that has been very annoying cos even urgent transactions are slow.

[bitart]

And again they failed, wioutht the spam attack we have cheap fees and back to 10 minutes confirmation time

Does it have any connection with the news from China, that they want to regulate bitcoin in the country? Maybe the spammers have used the miners in China to mine the spam transactions, and now it will finally end?
I have no insider information, I'm just wondering about the future.