Post
Topic
Board Pools
Re: [~2300 Gh/s Mining Pool] HTTPS,API, instant payouts,LP,+1% for NO INVALID BLOCKS
by
mjsbuddha
on 08/06/2011, 06:52:03 UTC
What is worth all these doomsdayers coming in here preaching? I see a lot of conjecture flying around but that is all. Why dont one of you doomsdayers show some proof substantiating your preachings?
Please see https://en.bitcoin.it/wiki/Weaknesses#Attacker_has_a_lot_of_computing_power if you don't understand why the current situation is dangerous. One person is frequently in control of the majority of the CPU power in the network. I know that Deepbit has all kinds of lovely features, but at current exchange rates he will be earning close to $1 million a year off your mining fees AND he has the ability to bend the rules of the system.

By continuing to vote for Tycho by giving him your CPU power, you are electing him the dictator of Bitcoin.

You point out that hes making a million a year like its a negative thing. I say rock on tycho, for proving the bitcoin network can make someone independently wealthy. That's the whole reason people are buying and selling bitcoins, other then the ones that smoke their profits...