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Author Topic: Surely this isn't a 51% attack on bitcoins, right?  (Read 5045 times)
phelix
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October 12, 2011, 09:33:16 PM
 #21

hmm, i guess we're having a 51% and it's not a coincidence, i'm not moving a cent from my wallet  Undecided

Maybe you should? This is the chance for double spending Smiley
+1  Wink

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phelix
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October 12, 2011, 09:36:45 PM
 #22

there was a price jump to 4.45....   Shocked  I would expect the price to drop   

http://mtgoxlive.com

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DeathAndTaxes
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October 12, 2011, 09:38:54 PM
 #23



Slush is gone from the graph and other is much bigger.
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October 12, 2011, 09:42:04 PM
 #24

So now what? Game over?

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October 12, 2011, 09:43:17 PM
 #25

Just because "other" is  "bigger", it doesn't mean anything.  Just the whole graph is smaller..  That is unless someone is throwing 6 TH of their own miners at the network right now..

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October 12, 2011, 09:43:58 PM
 #26

Guys.  

the 'OTHER"  is obviously the downed pools hashing power.  everybody is still mining with them, it is just the front end that wont answer http calls.

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October 12, 2011, 09:44:24 PM
 #27



Slush is gone from the graph and other is much bigger.

I think the graph showing names or not does only mean if reporting is working or not. 

it could be that mining works just fine (someone above posted he was mining at deepbit right now)

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October 12, 2011, 09:45:32 PM
 #28

Guys.  

the 'OTHER"  is obviously the downed pools hashing power.  everybody is still mining with them, it is just the front end that wont answer http calls.


I can confirm that I have several miners down at slush.  A bunch more at smaller pools unaffected.

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October 12, 2011, 09:45:55 PM
 #29

Guys.  

the 'OTHER"  is obviously the downed pools hashing power.  everybody is still mining with them, it is just the front end that wont answer http calls.

I think you're right. If you look here, I think they tag blocks by known IP and they see all the big pools still generating blocks.
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October 12, 2011, 09:46:22 PM
 #30

Guys.  

the 'OTHER"  is obviously the downed pools hashing power.  everybody is still mining with them, it is just the front end that wont answer http calls.

No everyone isn't mining.

Many users of deepbit report connectivity issues and none of my miners can connect to slush.  It looks like some miners may still be able to connect but not all of them are.

Still other isn't necessarily bad.  My slush rigs switched to solo so they would be "other" too.
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October 12, 2011, 09:46:32 PM
 #31



Slush is gone from the graph and other is much bigger.

I think the graph showing names or not does only mean if reporting is working or not. 

it could be that mining works just fine (someone above posted he was mining at deepbit right now)

+1

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digital
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October 12, 2011, 09:46:36 PM
 #32

I've got access to two of my three miners right now, and neither of them are able to connect to slush's pool, which is where I was at when things got crazy.  Don't think anyone is mining at slush's right now...

If I help you out: 17QatvSdciyv2zsdAbphDEUzST1S6x46c3
References (bitcointalk.org/index.php?topic=): 50051.20  50051.100  53668.0  53788.0  53571.0  53571.0  52212.0  50729.0  114804.0  115468  78106  69061  58572  54747
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October 12, 2011, 09:47:49 PM
 #33

Guys.  

the 'OTHER"  is obviously the downed pools hashing power.  everybody is still mining with them, it is just the front end that wont answer http calls.

No everyone isn't mining.

Many users of deepbit report connectivity issues and none of my miners can connect to slush.  It looks like some miners may still be able to connect but not all of them are.

Still other isn't necessarily bad.  My slush rigs switched to solo so they would be "other" too.

Nice link.  Slush last block was prior to the start of connectivity problems but good to see the other big players are still producing blocks. 
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October 12, 2011, 09:51:30 PM
 #34

Im mining @ slush's again...

That's good news.

If I help you out: 17QatvSdciyv2zsdAbphDEUzST1S6x46c3
References (bitcointalk.org/index.php?topic=): 50051.20  50051.100  53668.0  53788.0  53571.0  53571.0  52212.0  50729.0  114804.0  115468  78106  69061  58572  54747
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October 12, 2011, 09:51:54 PM
 #35

Im mining @ slush's again...

That's good news.


yep. me too, just came up.

digital
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October 12, 2011, 09:52:42 PM
 #36

Looks like his website is still down tho...

If I help you out: 17QatvSdciyv2zsdAbphDEUzST1S6x46c3
References (bitcointalk.org/index.php?topic=): 50051.20  50051.100  53668.0  53788.0  53571.0  53571.0  52212.0  50729.0  114804.0  115468  78106  69061  58572  54747
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Gerald Davis


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October 12, 2011, 09:53:06 PM
 #37

Me three.  Just switched all 4 rigs remotely.

Whew!
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October 12, 2011, 09:59:27 PM
 #38

Guys.  

the 'OTHER"  is obviously the downed pools hashing power.  everybody is still mining with them, it is just the front end that wont answer http calls.

No everyone isn't mining.

Many users of deepbit report connectivity issues and none of my miners can connect to slush.  It looks like some miners may still be able to connect but not all of them are.

Still other isn't necessarily bad.  My slush rigs switched to solo so they would be "other" too.

DOSing the major pools isn't what I think of as a "51% attack", but whatever.  Whether or not the pools are under attack or not is of little concern to myself.  The overall security of the network is not really under threat, since 10 Terahashes per second isn't a mark reachable by any known network or supercomputer.  This does highlight the risks to the bitcoin network at large associated with pool mining.  Concentrating the mining to a single server for the purpose of income stability also creates central points of failure/attack.  I don't mine in pools for this exact reason, and don't think anyone with any substantial hashing ability should do so.  10K small lights are harder to shoot out than a dozen really big ones.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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October 12, 2011, 09:59:58 PM
 #39

My pool is back up. Those DDoSes are so boring to maintain :/

phelix
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October 12, 2011, 10:12:43 PM
 #40

Guys.  

the 'OTHER"  is obviously the downed pools hashing power.  everybody is still mining with them, it is just the front end that wont answer http calls.

No everyone isn't mining.

Many users of deepbit report connectivity issues and none of my miners can connect to slush.  It looks like some miners may still be able to connect but not all of them are.

Still other isn't necessarily bad.  My slush rigs switched to solo so they would be "other" too.

DOSing the major pools isn't what I think of as a "51% attack", but whatever.  Whether or not the pools are under attack or not is of little concern to myself.  The overall security of the network is not really under threat, since 10 Terahashes per second isn't a mark reachable by any known network or supercomputer.  This does highlight the risks to the bitcoin network at large associated with pool mining.  Concentrating the mining to a single server for the purpose of income stability also creates central points of failure/attack.  I don't mine in pools for this exact reason, and don't think anyone with any substantial hashing ability should do so.  10K small lights are harder to shoot out than a dozen really big ones.

+1   it is easier to consequently do so if you have a large farm or a big pile of coins already, though.   Undecided


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