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Author Topic: GREAT Alternative to the EVIL DeepBit  (Read 4344 times)
Graet
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August 18, 2011, 05:15:30 PM
 #41

EVIL DeepBit < i have yet to see evidence that depbit is actually "evil"
I agree their fees are high but does that make for an evil entity?

There seems to be a lot of fud about the > 50%
51% doesnt give total control, there is still 49% of the network hashing.
I had a very interesting conversation with [Tycho] and some other pool owners one evening, even at 90% hashing power a single pool has a chance that the other 10% of the network will find a block and spoil their "evil" plans.

I say all of this becuse i get tired of the "EVIL" tag that is bandied around the bitcoin forums so much, usually by people that misunderstand how stuff works.

Having said all that, diversity is good for bitcoin, pools, exchanges etc so come join http://ozco.in and help spread the network hashrate Cheesy


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hawks5999
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August 18, 2011, 06:24:03 PM
 #42

Having said all that, diversity is good for bitcoin, pools, exchanges etc so come join http://ozco.in and help spread the network hashrate Cheesy

If diversity is good and spreading the network hashrate is a way toward diversity, then the best thing for bitcoin is pool hopping.
I'm just happy to do my part to help the overall bitcoin network Wink

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August 18, 2011, 07:54:09 PM
 #43

If you don't like Deepbit (or any other pool for that matter), don't use them. Plain and simple.

Find something I said tip worthy? 1Nf47w5mk7a425xLTrV8U4eswqveoxwTv1
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