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eleuthria
Legendary
 Offline
Activity: 1750
Merit: 1007
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November 26, 2013, 03:59:01 AM |
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Depends on which time frame you look at currently. Until more ASICs ship this will probably be the case though, hard to compete with a pool that personally controls roughly 20% of the network hash rate in their private farm.
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RIP BTC Guild, April 2011 - June 2015
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play
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November 26, 2013, 02:13:41 PM |
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...hard to compete with a pool that personally controls roughly 20% of the network hash rate in their private farm.
And has 0% fee with merged mining. |
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os2sam
Legendary
Offline
Activity: 3586
Merit: 1098
Think for yourself
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November 26, 2013, 08:53:26 PM |
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...hard to compete with a pool that personally controls roughly 20% of the network hash rate in their private farm.
And has 0% fee with merged mining. And that raises no red flags with anyone? But a pool that charges a reasonable fee gets inundated with demands to start kicking off paying customers. Seems like an unfair double standard to me. |
A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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murraypaul
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November 26, 2013, 09:01:02 PM |
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...hard to compete with a pool that personally controls roughly 20% of the network hash rate in their private farm.
And has 0% fee with merged mining. And admits that under previous developers it misused its mining to perform double-spend attacks? |
BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
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play
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November 26, 2013, 09:29:24 PM |
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Please don't hurt me.. I was just being sarcastic..
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romerun
Legendary
Offline
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
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November 26, 2013, 09:51:51 PM |
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Is ghosh.io really private ? Who are they I'm still wonder
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Adiuvo
Newbie
Offline
Activity: 24
Merit: 0
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November 27, 2013, 01:13:18 AM |
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Is ghosh.io really private ? Who are they I'm still wonder
Why private? Hello I'm just a regular guy and I'm minning in that pool xd I think is not that private o.O |
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eleuthria
Legendary
Offline
Activity: 1750
Merit: 1007
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November 27, 2013, 01:47:17 AM |
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Is ghosh.io really private ? Who are they I'm still wonder
They're not fully private, but they own roughly 1 PH/s worth of hardware, which is (approximately) 20% of the network. That's the "private 20% of the network" I was referring to. They are the largest single miner in the entire Bitcoin ecosystem. |
RIP BTC Guild, April 2011 - June 2015
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CoinGeneral
Full Member
Offline
Activity: 182
Merit: 100
The General
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November 27, 2013, 05:22:47 AM |
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Is ghosh.io really private ? Who are they I'm still wonder
Why private? Hello I'm just a regular guy and I'm minning in that pool xd I think is not that private o.O Okay then how do you join? |
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revilo
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November 27, 2013, 11:51:29 PM |
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What if cex.io just run off with everybodys bitcoins. What kind of domain is .io anyway??
Who the hell are these guys?
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CoinGeneral
Full Member
Offline
Activity: 182
Merit: 100
The General
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November 28, 2013, 12:41:31 AM |
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Also where do you get the news that this Ghash.io website now has 20% market share?
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zvs
Legendary
Offline
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
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November 28, 2013, 02:47:12 PM |
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Isn't that the pool that sells those ghashes on some site for like 3-4x value?
Hard to imagine that that's even more lucrative than selling ASICs, but I guess so
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Adiuvo
Newbie
Offline
Activity: 24
Merit: 0
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November 28, 2013, 07:46:20 PM |
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Also where do you get the news that this Ghash.io website now has 20% market share?
Here you can check that. Actually right now has 27% |
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fex
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November 28, 2013, 07:57:44 PM |
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Mitchell
Staff
Legendary
Offline
Activity: 4088
Merit: 2287
Verified awesomeness ✔
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November 28, 2013, 07:59:16 PM |
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That is quite... disturbing. I really don't understand why people even use cex.io.
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xzempt
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November 28, 2013, 08:01:16 PM |
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i quit using cex since they implemented fees. but before that i did pretty well day trading ghs  |
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Adiuvo
Newbie
Offline
Activity: 24
Merit: 0
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November 28, 2013, 08:08:20 PM |
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That is quite... disturbing. I really don't understand why people even use cex.io.
Because with the BTCTC earned you can buy more GHS, and make even more BTCTCs xD |
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Adiuvo
Newbie
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Activity: 24
Merit: 0
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November 29, 2013, 06:41:59 AM
Last edit: November 29, 2013, 11:01:32 PM by Adiuvo |
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i quit using cex since they implemented fees. but before that i did pretty well day trading ghs The pool fee (ghash.io) is 0% The only fee they charge in CEX.io is for the cloud based GHS and is quite insignificant (arround 1.3%) |
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Banthex
Newbie
Offline
Activity: 49
Merit: 0
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November 29, 2013, 07:31:59 AM |
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What if cex.io just run off with everybodys bitcoins. What kind of domain is .io anyway??
Who the hell are these guys?
They won't as long the bitcoin business runs. They'r hardware fee is dynamic depending on their costs. Means that they'r earning alot with this dynamic fee >3%. GHS Available 15389. Total BTC available: 528.96736640 |
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