GHash.IO and double-spending against BetCoin Dice

[NewLiberty]

Blame me for not being loud enough of the issue.
And all of us who recognized it and aren't better than we are at shouting loudly into the right megaphones.

Too much polyana because we don't want to scare the new blood may be our downfall.
Awareness of the problems and addressing all of them in all the ways that make sense my lift us up.

WE are responsible.  It is OUR protocol.

[1714142035]

1714142035

[1714142035]

1714142035

[BitsBitsBits]

This is not looking good for ghash.io :/

[ljudotina]

OMG. Again this thread.
Original post time:

November 08, 2013, 12:07:58 PM

Let it die for gods sake.
Every time ghas gets close to 50% this thread reapears...like freakin zombie you can't kill. Arn't there enough threads on this subject around? Only 100? Do we need to revive this one every freaking time?

[mmitech]

OMG. Again this thread.
Original post time:

November 08, 2013, 12:07:58 PM

Let it die for gods sake.
Every time ghas gets close to 50% this thread reapears...like freakin zombie you can't kill. Arn't there enough threads on this subject around? Only 100? Do we need to revive this one every freaking time?

you can kill it by spreading your hashes and by educating new miners on this subject, this will simply prevent things like this from happening and not by ignoring/being angry whenever you see this thread.

[IYFTech]

I'm very happy that this thread keeps popping up as it can only help new miners in deciding who to trust - and obviously ghash.io/cex.io can't be.

[bananaeater]

Yup im a new user, and im really happy i found this. Thank you very much.

[Meuh6879]

OMG. Again this thread.
Original post time:

November 08, 2013, 12:07:58 PM

Let it die for gods sake.
Every time ghas gets close to 50% this thread reapears...like freakin zombie you can't kill. Arn't there enough threads on this subject around? Only 100? Do we need to revive this one every freaking time?

that's why modo. must use the "locked" feature when a too old threat jump from the cave ... 

[Bubbles06]

I don't see any negative impact from having this thread bumped when we're in the red zone. People can read the thread and form their own opinion of the situation.

[Fiftysven]

OMG. Again this thread.
Original post time:

November 08, 2013, 12:07:58 PM

Let it die for gods sake.
Every time ghas gets close to 50% this thread reapears...like freakin zombie you can't kill. Arn't there enough threads on this subject around? Only 100? Do we need to revive this one every freaking time?

I think this thread is important for new members like me and closing it would only harm!

[ljudotina]

Than put it into "hall of fame" or FAQ or somewhere...dont revive it for fucks sake. Every fucking time i see this title, i think it happened again....

[NewLiberty]

Than put it into "hall of fame" or FAQ or somewhere...dont revive it for fucks sake. Every fucking time i see this title, i think it happened again....

OK, changed the subject so that it won't confuse you if someone necros it again (so long as its a reply from this branch).
Dispelling confusion wherever possible.

[itod]

Double spending or not, 41% is too much power on single pool. People have to come to their senses and diversify.

[validium]

Why don't we get a site like coindesk to write about the 51% attack as it would get alot of attention. Maybe this would convince new miners to avoid ghash?

[nwfella]

I have a feeling that those miners that have been around for any amount of time (>=3 months) or so have already moved at least some portion of their miners off of ghash.io (I certainly have).

However, I don't think many of the newer miners are going to be interested in switching pools.  Fact is it's just too damn incentivizing to want to mine on a pool not only with 0% fee's, but that also gives you 3 bonus coins at the same time, not to mention solves blocks more frequently than any other pool.  Obviously many other pools do some variation of this but when you start getting a serious influx of miners, interested in nothing but those three little letters R..O..I this is what your gonna get.

My honest opinion is that we should start putting far more serious pressure on some of these other pools to reduce their overall fee's but hey that's just me.

*It would be preferable actually if all pools had 0% fee's and operated on donation(s) only, but those very same people probably couldn't find it within themselves to actually donate even a single satoshi.

[NewLiberty]

https://blockchain.info/pools?timespan=24hrs
Currently in the last 24 hours
80 blocks out of 164 were by GHash.io
(the site will update  each block so when you look it will be different)

[junglist.massive]

hate the game not the player

[NewLiberty]

hate the game not the player

Ultimately the game, is the game of life.
Some choose not to hate life, but reserve that for those that waste their lifetime, and that of others, doing the unethical.

[itod]

https://blockchain.info/pools?timespan=24hrs
Currently in the last 24 hours
80 blocks out of 164 were by GHash.io
(the site will update  each block so when you look it will be different)

They are so close for everybody to be at their mercy it is laughable. When will we come to our senses? When they reach 60%? Or 70%?

[Labteck]

its the same 50,01% that 99%

why the fukers ghash are playing with this?split the fu}[;'ng coounts NOW

[edmundedgar]

its the same 50,01% that 99%

why the fukers ghash are playing with this?split the fu}[;'ng coounts NOW

There's no point in getting mad at GHash. They're doing what they think is in their economic interests. Sooner or later someone is going to do that, whether it's GHash or not.

If bitcoin can't survive this, and we also can't fix it, it's fundamentally broken. If it's fundamentally broken, it's better that we find that out sooner rather than later.