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Author Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too  (Read 1597393 times)
Crypt_Current
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October 21, 2011, 09:55:14 PM
 #4341


When I have other things I'm typing / searching through, it's easier to just let someone reply with the answer.  :-)


I will be adding you to my ignore list now.

That's not a bad idea.

Random reply!

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Crypt_Current
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October 21, 2011, 09:56:07 PM
 #4342

Looks like everything's working again... thanks for the awesome pool, keep up the great work!

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October 22, 2011, 05:59:17 PM
 #4343


When I have other things I'm typing / searching through, it's easier to just let someone reply with the answer.  :-)


I will be adding you to my ignore list now.

That's not a bad idea.

Random reply!

Look He's cheating for forum post counts!! Cheater!!! xD
The biggest cheat is what im about to do

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
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October 22, 2011, 05:59:50 PM
 #4344


When I have other things I'm typing / searching through, it's easier to just let someone reply with the answer.  :-)


I will be adding you to my ignore list now.

That's not a bad idea.

Random reply!

Look He's cheating for forum post counts!! Cheater!!! xD
The biggest cheat is what im about to do
+1

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
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October 23, 2011, 09:55:47 PM
 #4345

Friendly neighborhood mod here:

Current network hashrate has dropped to 6Thash, with Deepbit at 3Thash I request everyone jump to another pool until either Deepbit drops below 2hash or network hashrate starts increasing again.

ArsBitcoin, ABCPool and Bitcoins.lc are good targets to jump to.

slush
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October 23, 2011, 11:15:12 PM
 #4346

Hey Diablo, what's your commision from Ars, ABC and Bitcoin.lc? I can pay a little more to be the first on your list ;-)

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October 23, 2011, 11:33:37 PM
 #4347

Hey Diablo, what's your commision from Ars, ABC and Bitcoin.lc? I can pay a little more to be the first on your list ;-)

Obviously you need to change your pool name to AAABitcoin.  Wink

But really, moving hash power from the biggest to the second or third biggest doesn't improve the over consolidation of hash power much.   50% isn't this magical point where it's all terrible where 49% is just fine.  (since with a simple majority you'd have to hold it for a long time to pull of any interesting attacks).

I know you were kidding, but some people around here don't have a sense of humor. Smiley Promoting some of the small but not tiny is the simple, rational thing to do and doesn't require any kickbacks.



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October 24, 2011, 12:26:28 AM
 #4348

Hey Diablo, what's your commision from Ars, ABC and Bitcoin.lc? I can pay a little more to be the first on your list ;-)

I just listed the three largest pools with no fee.

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October 24, 2011, 02:33:28 AM
 #4349

I request everyone...
Oh, so that's where bitcoin's central authority is :)

You are a bit wrong comparing apples and oranges. You don't know network's total hashrate, you can only know network's resulting "blocks per unit of time" speed.
It may be a 12 TH/s with a very bad luck, or the opposite. So if you are comparing network with some pools, you should compare same parameters, like that "blocks per unit of time" (which is almost useless because it's based on past luck).

What I'm trying to say is that deepbit's hashrate didn't changed dramatically in last days and I really doubt that only those who aren't mining in deepbit are leaving the network (which can explain such increase of pool's part if it was real), so this deviation is probably just caused by luck.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
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October 24, 2011, 03:35:55 AM
 #4350

I request everyone...
Oh, so that's where bitcoin's central authority is Smiley

You are a bit wrong comparing apples and oranges. You don't know network's total hashrate, you can only know network's resulting "blocks per unit of time" speed.
It may be a 12 TH/s with a very bad luck, or the opposite. So if you are comparing network with some pools, you should compare same parameters, like that "blocks per unit of time" (which is almost useless because it's based on past luck).

What I'm trying to say is that deepbit's hashrate didn't changed dramatically in last days and I really doubt that only those who aren't mining in deepbit are leaving the network (which can explain such increase of pool's part if it was real), so this deviation is probably just caused by luck.

No, Deepbit's hasn't changed dramatically, the network's has. Besides, I'm just asking temporarily, I don't particularly like any pool having a crack at a 51% attack.

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October 24, 2011, 05:17:20 AM
Last edit: October 24, 2011, 06:42:01 AM by Unacceptable
 #4351

Wow,what a paranoid group (bitcoin miners) we have become,the only one to fear is BitcoinExpress,DUH!!!!!! Ok,maybe a couple of others too Cheesy

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
DiabloD3
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October 24, 2011, 06:29:25 AM
 #4352

Wow,what a paranoid group (bitcoin miners) we have become,the only one to fear is BitcoinExpress,DUH!!!!!! Ok,maybe a couple or others too Cheesy

I thought the only thing we have to fear is fear itself?

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October 24, 2011, 06:43:20 AM
 #4353

Wow,what a paranoid group (bitcoin miners) we have become,the only one to fear is BitcoinExpress,DUH!!!!!! Ok,maybe a couple or others too Cheesy

I thought the only thing we have to fear is fear itself?

See,now we're fearing fear!!!!!!!!!!!!!!! Shocked


"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
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October 24, 2011, 02:30:54 PM
 #4354

I request everyone...
Oh, so that's where bitcoin's central authority is Smiley

You are a bit wrong comparing apples and oranges. You don't know network's total hashrate, you can only know network's resulting "blocks per unit of time" speed.
It may be a 12 TH/s with a very bad luck, or the opposite. So if you are comparing network with some pools, you should compare same parameters, like that "blocks per unit of time" (which is almost useless because it's based on past luck).

What I'm trying to say is that deepbit's hashrate didn't changed dramatically in last days and I really doubt that only those who aren't mining in deepbit are leaving the network (which can explain such increase of pool's part if it was real), so this deviation is probably just caused by luck.

No, Deepbit's hasn't changed dramatically, the network's has. Besides, I'm just asking temporarily, I don't particularly like any pool having a crack at a 51% attack.

I think it would do the CoinNetwork some GOOD, if deepbit At Some Point temporarily controlled >51% of the network hash rate.
WHY?!?!
Because Nothings gonna fucking happen. Why would he fuck himself outta his (est i really dont have a good idea) 3,500/mo paycheck that the pools getting him just to grab some coins!

It would ease peoples minds about the whole "OMG IF IT PASSES 51% WERE ALL FUCKED"
But at the same time, If the fake blocks are made, Well shit. DOWN HILL GOES BITCOINS for a lonnnnnng lonnnnngggg time.

Personally i think we should only have One pool, One nice big 90%nethash pool, Run by all the leaders, Democracy style, Where NO INDIVIDUAL has any power, But as a group can make changes.

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
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October 24, 2011, 02:38:55 PM
 #4355

Personally i think we should only have One pool, One nice big 90%nethash pool, Run by all the leaders, Democracy style, Where NO INDIVIDUAL has any power, But as a group can make changes.

Hmm, wasn't that the main premise of the Star Wars story?
Sam

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October 24, 2011, 03:38:31 PM
 #4356

Personally i think we should only have One pool, One nice big 90%nethash pool, Run by all the leaders, Democracy style, Where NO INDIVIDUAL has any power, But as a group can make changes.

Hmm, wasn't that the main premise of the Star Wars story?
Sam
You sir. Get One Hundred And Fifty Points.
But in starwars, The "rebels" didnt win now did they?
Quite confident that theirs (in starwars) like a 20% Jedi Order (the "rebellion") and 80% Imperial ("the bad guys") (assuming that the Point in Time Within the starswars series, Im speaking asif were on book #7)

Soo. That in metaphor To ME, Translates into

75% in one pool 25% off solo mining

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
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October 24, 2011, 05:31:24 PM
 #4357

I think it would do the CoinNetwork some GOOD, if deepbit At Some Point temporarily controlled >51% of the network hash rate.
Some people think that this already happened more than once.
I believe that nothing bad will happen in this case and if someone else will gain >50% and do "bad things", the network will heal itself.

The community should either a) create a good monitoring service, b) develop something to prevent any bad things from happening when some entity is over 50%, c) stop complaining
because if a pool can be over 50%, then other miners can do this too, and then you won't be able to stop it.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
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johnj
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October 24, 2011, 06:51:42 PM
 #4358

I think it would do the CoinNetwork some GOOD, if deepbit At Some Point temporarily controlled >51% of the network hash rate.
Some people think that this already happened more than once.
I believe that nothing bad will happen in this case and if someone else will gain >50% and do "bad things", the network will heal itself.

The community should either a) create a good monitoring service, b) develop something to prevent any bad things from happening when some entity is over 50%, c) stop complaining
because if a pool can be over 50%, then other miners can do this too, and then you won't be able to stop it.

I may be late to the party, quick question:  Would it be possible for you to throttle your connections to where if you start to exceed 50% of the total network, it refuses any other workers from connecting?

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October 24, 2011, 07:15:47 PM
 #4359

I think it would do the CoinNetwork some GOOD, if deepbit At Some Point temporarily controlled >51% of the network hash rate.
Some people think that this already happened more than once.
I believe that nothing bad will happen in this case and if someone else will gain >50% and do "bad things", the network will heal itself.

The community should either a) create a good monitoring service, b) develop something to prevent any bad things from happening when some entity is over 50%, c) stop complaining
because if a pool can be over 50%, then other miners can do this too, and then you won't be able to stop it.

I may be late to the party, quick question:  Would it be possible for you to throttle your connections to where if you start to exceed 50% of the total network, it refuses any other workers from connecting?

You're late.

No, the "total network hashrate" is just an estimate, based off of the blocks generated per time.
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October 24, 2011, 07:24:06 PM
Last edit: October 24, 2011, 07:56:37 PM by sadpandatech
 #4360

I think it would do the CoinNetwork some GOOD, if deepbit At Some Point temporarily controlled >51% of the network hash rate.
Some people think that this already happened more than once.
I believe that nothing bad will happen in this case and if someone else will gain >50% and do "bad things", the network will heal itself.

The community should either a) create a good monitoring service, b) develop something to prevent any bad things from happening when some entity is over 50%, c) stop complaining
because if a pool can be over 50%, then other miners can do this too, and then you won't be able to stop it.

I may be late to the party, quick question:  Would it be possible for you to throttle your connections to where if you start to exceed 50% of the total network, it refuses any other workers from connecting?

You're late.

No, the "total network hashrate" is just an estimate, based off of the blocks generated per time.

  Your statement is true but does not answer the question.  Yes, theoretically he could refuse new connections based on some aribitrary set of rules. But the better question is, why should he?  He is one guy, running a pool verses thousands of people connecting. If the majority cared so much about the 50% thing they would not connect when it reached such a point.

  Tycho, even if the pool did have over 50% someone would still have to hack and control all the bitcoin daemons right? Beyond that arn't you running multiple daemons on seperate server instances anyhows?(assuming) Since I have not looked into any of the pool software to see how it handles connecting to daemons or if it would support connecting to a daemon that was not 'localhost'.

  Cheers

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
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