Not to drop a rock on anyone's parade, but I just took a look at Segwit's support on the LTC network: It has dropped from ~80% a few days ago (est) to 63.7% support in the last 24 hours. No, 63.19%.
http://litecoinblockhalf.com/segwit.phpSegwit miner support within the last 24 hours (last 576 blocks) 364 (63.19%)
Segwit miner support (percentage of segwit blocks signaling within the current activation period) 1750 (76.29%)
What's happening? Not sure, but apparently a big boost in hashing power is coming online from our friends at Bitmain. The company who runs antpool IIRC, which does not support signaling on the Bitcoin network, same company who just dropped a lot of L3+ units on the network.
I wonder where they are all mining to.
Fuck.
Bitmain. Evil geniuses. The plan imho.
1) tell everyone you don't use asic boost that gives you 33% advantage. It's a lie.
2) look like you are walking away from seg witness which reinforces 1) above.
3) with that in place offer crap load of miners. At, in hindsight too cheap a price.
4) put up cloud flare on your site to protect the bitmain sales page from ddos attacks. That will come
in the future.
5) ramp up production to stop seq witness dead and add to that every L3 or L3+ sold at full price
and paid back. Pays for 2 more L3+s in their data hall. In that they control most asic
They could do this a long time
6) then assuming the whole point of this's dog and pony show was to stop seq witness
for keeping 33% gain/edge to themselves.
7) also this manipulation makes it too werid for other mnfg scrypt pow to build
and at 2 to themselves because the profits of that one sale to you, can adjust amounts to the world
because bitmain is too big to fail as mostly only maker of asic's
cloudflare ddos is already in place for backlash.
Thus can have it all. Then when settles out you own pow scrypt
Bruhahaha (evil laugh)
So too recap. Cheat, fake retreat, sell 1 get 2 asic's back off profit for own use. Attack
With even more hash. Win and keep cheat and drive all from the field in victory
Then of course retrench in position by, after say doubling difficulty 2x slow stop miners
sold to others to keep your win secure
Damn
edit: I was wrong..bitmain is even more evil then I thought not 2 miners for him for every 1 to us..he is keeping them all
seems a firmware problem is delaying the next batch times
how frigging lucky he is huh
https://www.reddit.com/r/Bitcoin/comments/661ycw/more_jihan_games_litecoin_miners_which_were_due/So bitmain will stop seg witness...probably at least double if not triple the difficulty do so....then we get our miners after that
nice to know I paid for 4 miners to 'go pure evil' for bitmain and its killing of seg witness
FML
