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Author Topic: BEWARE GHASH.IO!!!!!!!#TODAY#36Phash/s!!!!!!!=~44% of ALL NETWORK POWER if...  (Read 2979 times)
BITCOIN*me* (OP)
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June 04, 2014, 12:45:25 AM
 #1

...the next difficulty will be ~ 82Phash/s!!!!
GHASH.IO power grows very VERY RAPIDLY (I remember a few days ago only they stated to have just something over 24Ghash/s and TODAY it's 36GHash/s!!!!) CRAZY ,isn't Huh
....bitcoiners who are still support this "COMPANY" (usually via buying a NEW CLOUD HASHING MINING POWER from it) are SICK ,very VERY SICK & SHORTSIGHTED and nothing else probably the care ONLY short-time PROFIT(if some ever exists)!!!!! ....but GAME can be OVER much SOONER as YOU think!
I agree YOU CAN earn (loose less Cheesy ) by buying some cloud hashing power from them(CEX.IO),mostly because they are running the biggest pool=>less variance=the most stabile payouts + probably a cheaper maintenance costs (in compare to paying an expensive electricity etc...) ,but currently they are TOO BIG (with approx.44% market share and still growing!!!)=>TOO DANGER for the bitcoin, for us!!!!
I believe THEY CAN BE A SMART & not DIVE BITCOIN under "51% ATTACK" =>as they can spread a portion of their hashing power into the others (known & UNKNOWN) pools (personally I believe THEY ARE ALREADY DOING!!! ,if they have "A LUCKIER Cheesy day as usually....but what?WTF??? Is it mean a SECURE & DECENTRALISED BITCOIN NETWORK?Huh ...just imagine*What can happen, if they'll stop to be a SMART & HONEST GUYS??? ...or if "SOMEONE BAD" takes OVER their ALL HASHING POWER @ (GHASH.IO and in "OTHERS" pools) and....(you know what I mean so...) HuhHuh
I'm NOT AGAINST strengthening of network hash rate as a whole=it's VERY VERY IMPORTANT for bitcoin's GROWN Tongue ,but I'm AGAINST CONCENTRATION of so MUCH(maybe already the most)POWER in just 1 HANDS ONLY, because without decentralisation there will be(almost) NO TRUST and NO DIFFERENCE from others...
and BITCOIN's (as a whole(protocol/currency...)) VALUE WILL DROP TO (almost) ZERO!!!!!!!
Don't YOU agree with me hmmm?
YOU will be A BETTER OFF ,if you BUY some bitcoins from an "exchange or ATM" as to put your "HARD EARN MONEY/BITCOINS" to buy some overpriced "UNPROFITABLE" & totally "OUT OF YOUR CONTROL" cloud hashing mining power from the "BIGGEST POOL OPERATOR"!!!!!Thank You Wink
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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June 04, 2014, 12:47:29 AM
 #2

Eligius is just such an awesome pool to use - it's simple, no fee, and has an awesome maker. I don't understand why anyone uses a different pool.
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June 04, 2014, 07:58:52 AM
 #3

TROLL ALERT:

BITCOIN*me* is an alias which ONLY posts anti GHash rhetoric and nothing else.

TROLL ALERT:
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June 04, 2014, 12:05:52 PM
 #4

The more people posting for not joining ghash network. The more people will join the fastest pool.
People is selfish. They only thing how to roi or get the more $$.

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June 04, 2014, 01:45:50 PM
 #5

The more people posting for not joining ghash network. The more people will join the fastest pool.
People is selfish. They only thing how to roi or get the more $$.


Of course people using GHash.IO because they provide what users want, good features, mining and trading, lots of alt coins, multi pool, tradeable cloud hashing. 
All this evil empire talk from BITCOIN*me* is just BS, same type of talk as with conspiracy theories of Aliens running the Government.
Let's talk facts about service, features, profit, opportunity and less rubbish talk.
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June 04, 2014, 03:04:15 PM
 #6

Yup. Put your time and energy into designing a pool that can compete on features with ghash (the pool, not cex).

That's what's needed, not yelling like this. It will just draw more people in.

There are several pools that just need a few more features and they could compete. Pools stopped innovating and ghash took over.

has not sold out
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June 06, 2014, 04:31:26 PM
 #7

OP is unreadable... Roll Eyes

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June 07, 2014, 04:02:45 PM
 #8

I switched my miners to BTCGUILD but it is only 1Th It is not to much but if some few thousand Smiley others miners  do the same will be
ok
regards
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June 07, 2014, 05:41:38 PM
 #9

I switched my miners to BTCGUILD but it is only 1Th It is not to much but if some few thousand Smiley others miners  do the same will be
ok
regards

That's GOOD!!!! Smiley ...a very POSITIVE step to DECENTRALISATION (a redistribution of CONCENTRATED power from the BIGGEST pool to the others...smaller pools) I believe several OTHERS will join to YOU also Roll Eyes [even if you earn a bit less (=at least in a short time period) !!!]
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June 07, 2014, 06:05:19 PM
 #10

Yup. Put your time and energy into designing a pool that can compete on features with ghash (the pool, not cex).

That's what's needed, not yelling like this. It will just draw more people in.

There are several pools that just need a few more features and they could compete. Pools stopped innovating and ghash took over.
I agree with YOU Wink ,but it's OVER my power... Embarrassed
BITCOIN*me* (OP)
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June 07, 2014, 07:07:04 PM
 #11

TROLL ALERT:

BITCOIN*me* is an alias which ONLY posts anti GHash rhetoric and nothing else.

TROLL ALERT:
Are you SURE? Shocked ...to be clear: I'm not against GHash.io ,but against "CENTRALIZATION" the most power in just 1 hand only!!!
...right now ONLY GHash.io is approaching that,therefore bitcoiners
"BEWARE GHASH.IO" (at least for now...it's too BIG!!!!)
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June 07, 2014, 08:30:16 PM
 #12

yeah, they need to do a better job hiding their blocks.


https://www.youtube.com/watch?v=lQmaEtUUPyE
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June 07, 2014, 08:34:18 PM
 #13

wow that opening statement is  so hard to read. I'm going to have to make some coffee, get glasses and slowllllly read it.

pressing the enter key every now and again might help.
ok here we go, start to read it... here it comes!
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June 08, 2014, 01:38:58 PM
 #14

Scary.

Here's an idea.. it is estimated that there are at least 5PH/s of personal equipment on ghash. If we could get that 5PH/s moved over to mmpool.org which is the only other real merge mining pool, that pool would break through the "too slow" barrier and it should start seeing daily rewards.

has not sold out
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June 08, 2014, 01:39:57 PM
 #15

Hunt down every worthless piece of shit still using ghash and punish them

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June 09, 2014, 11:17:42 AM
 #16

What would happen if someone started a pool simply called Unknown

http://blockchain.info/pools?timespan=24hrs

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June 09, 2014, 05:31:24 PM
 #17

What would happen if someone started a pool simply called Unknown

http://blockchain.info/pools?timespan=24hrs

OK, here ya go:

http://unknownpool.com:9332
http://unknownminingpool.com:9332

-Dave

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June 09, 2014, 07:50:15 PM
 #18

TROLL ALERT:

BITCOIN*me* is an alias which ONLY posts anti GHash rhetoric and nothing else.

TROLL ALERT:

SHILL ALERT:

TalkTalk is an alias which ONLY posts pro GHash rhetoric and nothing else.

SHILL ALERT:


By the way, everyone here is an alias if you haven't noticed  Roll Eyes

Have you been a victim of dogie insults, neg-rep'd for no reason or been falsely accused by him? If so, air your experiences here:  https://bitcointalk.org/index.php?topic=905210.0
Avoid manipulative Exchanges - Localbitcoins.com
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June 09, 2014, 07:59:37 PM
 #19

TROLL ALERT:

BITCOIN*me* is an alias which ONLY posts anti GHash rhetoric and nothing else.

TROLL ALERT:

SHILL ALERT:

TalkTalk is an alias which ONLY posts pro GHash rhetoric and nothing else.

SHILL ALERT:


By the way, everyone here is an alias if you haven't noticed  Roll Eyes

Pretty sure that Bitpop is not shilling with 1008 activity Tongue
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June 09, 2014, 08:00:47 PM
 #20

FUCK ANY GHASH user
DEATH to you

BITCOIN*me* (OP)
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June 10, 2014, 12:07:28 AM
 #21

Scary.

Here's an idea.. it is estimated that there are at least 5PH/s of personal equipment on ghash. If we could get that 5PH/s moved over to mmpool.org which is the only other real merge mining pool, that pool would break through the "too slow" barrier and it should start seeing daily rewards.
I agree Smiley ...ANY move OUT of "GHash" right now IS a POSITIVE STEP!!!
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June 10, 2014, 02:41:44 AM
 #22

yeah, they need to do a better job hiding their blocks.


https://www.youtube.com/watch?v=lQmaEtUUPyE
...nice clip Cheesy
"hiding their blocks"=same as a "MAKE UP" >they need to do it every fucking day and very very precisely, otherwise soon or later people will detect who is behind it....,but that's NOT A SOLUTION to the problem with gathering a TOO MUCH POWER (if not MAJORITY Huh) in just 1 hand ONLY = it's NOT DECENTRALIZATION !!!!!
...even with a 25% power, you still have a "GOOD CHANCE" to attack a network....just look at that http://arxiv.org/pdf/1402.2009v1.pdf
Therefore we need at least 100 different pools [*each one with different ownership and different location (even if most likely it will be a cloud hashing provider) and with a maximum 1% of ALL POWER!!! or at least a couple of P2Pools ] => only then we can talk "WE HAVE A SECURE AND DECENTRALIZED bitcoin NETWORK and WE ARE PROUD of IT" !!! Right? Do you agree with me???

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June 10, 2014, 06:09:13 AM
 #23


Heh, funny, all they need to do now is use blockchains graph for some false advertising
https://blockchain.info/pools?timespan=24hrs
Wink

Just sayin.....

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June 10, 2014, 04:54:31 PM
 #24


Heh, funny, all they need to do now is use blockchains graph for some false advertising
https://blockchain.info/pools?timespan=24hrs
Wink

Just sayin.....

It's not a "they" is a "me".
But feel free to tell the world I'm so amazing I got 20% of network  Grin

-Dave

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June 10, 2014, 05:18:56 PM
 #25

WOW...last 4 blocks ALL Ghash.
32 min
33 min
37 min
57 min.

Jesus

I only have a signature because I'm allowed.
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June 12, 2014, 06:43:38 AM
 #26

don't forget to include

https://blockchain.info/address/1N47HdooZqn4ETeMKBvuWjRbRC6rGj19dn

they show up as 'unknown'

new address soon!
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June 12, 2014, 06:54:40 AM
 #27

WOW...last 4 blocks ALL Ghash.
32 min
33 min
37 min
57 min.

Jesus
recently we saw many times condition like that
many blocks solved by ghash.io in the adjacent time
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June 12, 2014, 06:55:58 AM
 #28

http://blisterpool.com/p2pdonate

As people have already said, miners need a reason to switch pools. In the last 3 days (since the tool was written), p2pool has paid 1.4% more per block found. Donations keep coming in, and they're being split to p2pool miners based on p2pool's own donate function. Stats on the page.
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June 13, 2014, 01:28:48 AM
 #29

Why doesn't the Community set up a free pool and throw in the miners fees too, which gives me another idea,
set up 10 pools which regulates their fees according to the amount of the NW they own.
If they own little, the fees are lower and more of the miner fees are given to the miners.
As the pool grows, the amount of distributed miners fees is throttled back to make it slightly less attractive..

Or something like that.


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June 13, 2014, 02:57:12 AM
 #30

P2pool is a free pool with transaction fees plus donations

If you cared about Bitcoin you'd use it

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June 13, 2014, 03:12:34 AM
 #31

49%

1% to go.

https://blockchain.info/pools?timespan=24hrs

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June 13, 2014, 03:18:26 AM
 #32

...the next difficulty will be ~ 82Phash/s!!!!
GHASH.IO power grows very VERY RAPIDLY (I remember a few days ago only they stated to have just something over 24Ghash/s and TODAY it's 36GHash/s!!!!) CRAZY ,isn't Huh
....bitcoiners who are still support this "COMPANY" (usually via buying a NEW CLOUD HASHING MINING POWER from it) are SICK ,very VERY SICK & SHORTSIGHTED and nothing else probably the care ONLY short-time PROFIT(if some ever exists)!!!!! ....but GAME can be OVER much SOONER as YOU think!
I agree YOU CAN earn (loose less Cheesy ) by buying some cloud hashing power from them(CEX.IO),mostly because they are running the biggest pool=>less variance=the most stabile payouts + probably a cheaper maintenance costs (in compare to paying an expensive electricity etc...) ,but currently they are TOO BIG (with approx.44% market share and still growing!!!)=>TOO DANGER for the bitcoin, for us!!!!
I believe THEY CAN BE A SMART & not DIVE BITCOIN under "51% ATTACK" =>as they can spread a portion of their hashing power into the others (known & UNKNOWN) pools (personally I believe THEY ARE ALREADY DOING!!! ,if they have "A LUCKIER Cheesy day as usually....but what?WTF??? Is it mean a SECURE & DECENTRALISED BITCOIN NETWORK?Huh ...just imagine*What can happen, if they'll stop to be a SMART & HONEST GUYS??? ...or if "SOMEONE BAD" takes OVER their ALL HASHING POWER @ (GHASH.IO and in "OTHERS" pools) and....(you know what I mean so...) HuhHuh
I'm NOT AGAINST strengthening of network hash rate as a whole=it's VERY VERY IMPORTANT for bitcoin's GROWN Tongue ,but I'm AGAINST CONCENTRATION of so MUCH(maybe already the most)POWER in just 1 HANDS ONLY, because without decentralisation there will be(almost) NO TRUST and NO DIFFERENCE from others...
and BITCOIN's (as a whole(protocol/currency...)) VALUE WILL DROP TO (almost) ZERO!!!!!!!
Don't YOU agree with me hmmm?
YOU will be A BETTER OFF ,if you BUY some bitcoins from an "exchange or ATM" as to put your "HARD EARN MONEY/BITCOINS" to buy some overpriced "UNPROFITABLE" & totally "OUT OF YOUR CONTROL" cloud hashing mining power from the "BIGGEST POOL OPERATOR"!!!!!Thank You Wink

Ghash LOL.. If its only 36Ghash, I think they are currently at >0.1% Of network lol.  Its PetaHash, I agree it can be dangerous, its up to those miners to choose to leave the pool.

.
.HUGE.
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June 13, 2014, 03:31:07 AM
 #33

https://blockchain.info/double-spends

Makes it easy viewing for when ghash.io goes over 50%

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June 13, 2014, 06:37:31 AM
 #34

Still holding at 49%, they just do not have enough to get into double spend territory.

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June 13, 2014, 06:40:15 AM
 #35

Still holding at 49%, they just do not have enough to get into double spend territory.
Went to 50% Just now before BTCGuild and another pool mined a block.

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taipo
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June 13, 2014, 07:06:25 AM
 #36

Since blockchain.info manages to determine most block owners, you could assume that ghash.io is already over in the 50s.

Support the two platforms essential to protecting the identities of whistleblowers. Both accept bitcoin donations.
https://globaleaks.org - GlobalLeaks ( btc: see http://goo.gl/D5wM0L )
http://goo.gl/sZg2RN  - SecureDrop: whistleblower submission system
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June 13, 2014, 09:34:58 AM
 #37

What it this?

https://blockchain.info/address/1N47HdooZqn4ETeMKBvuWjRbRC6rGj19dn
taipo
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June 13, 2014, 10:01:50 AM
 #38

Holding at 50%


Support the two platforms essential to protecting the identities of whistleblowers. Both accept bitcoin donations.
https://globaleaks.org - GlobalLeaks ( btc: see http://goo.gl/D5wM0L )
http://goo.gl/sZg2RN  - SecureDrop: whistleblower submission system
ranochigo
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June 13, 2014, 11:33:49 AM
 #39

Ghash.io have already hit 51% now. Time for all those attacks.

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.HUGE.
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FlyForFun
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June 13, 2014, 11:41:53 AM
 #40

Ghash.io have already hit 51% now. Time for all those attacks.

They are coming out with some ways to reduce the 51%, I believe they are going to implement some fees.

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June 14, 2014, 01:44:53 AM
 #41

...the next difficulty will be ~ 82Phash/s!!!!
GHASH.IO power grows very VERY RAPIDLY (I remember a few days ago only they stated to have just something over 24Ghash/s and TODAY it's 36GHash/s!!!!) CRAZY ,isn't Huh
....bitcoiners who are still support this "COMPANY" (usually via buying a NEW CLOUD HASHING MINING POWER from it) are SICK ,very VERY SICK & SHORTSIGHTED and nothing else probably the care ONLY short-time PROFIT(if some ever exists)!!!!! ....but GAME can be OVER much SOONER as YOU think!
I agree YOU CAN earn (loose less Cheesy ) by buying some cloud hashing power from them(CEX.IO),mostly because they are running the biggest pool=>less variance=the most stabile payouts + probably a cheaper maintenance costs (in compare to paying an expensive electricity etc...) ,but currently they are TOO BIG (with approx.44% market share and still growing!!!)=>TOO DANGER for the bitcoin, for us!!!!
I believe THEY CAN BE A SMART & not DIVE BITCOIN under "51% ATTACK" =>as they can spread a portion of their hashing power into the others (known & UNKNOWN) pools (personally I believe THEY ARE ALREADY DOING!!! ,if they have "A LUCKIER Cheesy day as usually....but what?WTF??? Is it mean a SECURE & DECENTRALISED BITCOIN NETWORK?Huh ...just imagine*What can happen, if they'll stop to be a SMART & HONEST GUYS??? ...or if "SOMEONE BAD" takes OVER their ALL HASHING POWER @ (GHASH.IO and in "OTHERS" pools) and....(you know what I mean so...) HuhHuh
I'm NOT AGAINST strengthening of network hash rate as a whole=it's VERY VERY IMPORTANT for bitcoin's GROWN Tongue ,but I'm AGAINST CONCENTRATION of so MUCH(maybe already the most)POWER in just 1 HANDS ONLY, because without decentralisation there will be(almost) NO TRUST and NO DIFFERENCE from others...
and BITCOIN's (as a whole(protocol/currency...)) VALUE WILL DROP TO (almost) ZERO!!!!!!!
Don't YOU agree with me hmmm?
YOU will be A BETTER OFF ,if you BUY some bitcoins from an "exchange or ATM" as to put your "HARD EARN MONEY/BITCOINS" to buy some overpriced "UNPROFITABLE" & totally "OUT OF YOUR CONTROL" cloud hashing mining power from the "BIGGEST POOL OPERATOR"!!!!!Thank You Wink

Ghash LOL.. If its only 36Ghash, I think they are currently at >0.1% Of network lol.  Its PetaHash, I agree it can be dangerous, its up to those miners to choose to leave the pool.
Sorry for BUGS! Cheesy
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June 14, 2014, 02:16:21 AM
 #42

Ghash.io have already hit 51% now. Time for all those attacks.

They are coming out with some ways to reduce the 51%, I believe they are going to implement some fees.

I would doubt they would do this.

A more likely solution would be to repurchase their GH/s and take it offline and/or direct it to another pool.
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