Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CPU mining] Yenten [YTN] [Exchange avilable BTC/YTN]
by
devident
on 05/11/2017, 00:30:49 UTC
Nice the dude who took over 70% of the hashrate is gone!  I have an idea in the future on a cpu coin limiting the max hashrate of the network.  Does a network even really need over say 200khash to work? We could make a coin that stops giving rewards if the hashrate gets over 200khash.  Small independent miners who are spending pennies a day mining in electricity would be able to keep mining wheras big assholes and pools wouldn't be able to survive mining it...power to the little people.

I think that was a botnet as it was showing around 2000 miners and now it's just 200 so definitely it was botnet

Yup you are to the point. It really feels bad when you have little hash and people come with contract like nicehash and make sure to create hell for small miners.
For mining with CPU, a botnet is easy to implement, some hackers by controlling the personal computer, in the early stages of the hash, this kind of behavior is deadly, it left now, we are very happy.

is it common people like this guy come in as coins start and then leave?  I could imagine the CIA would use a tactic like that to 51% a coin and unnoticeably fork it to include surveillance software that reports back to them.

Earlier you said we are all wasting time minung this coin, but now your last few posts are on this thread. Can I ask you why this is the only project you are interested in? I can’t imagine you’d have this much engagement without buying/mining/holding it yourself.

I told one specific person they were wasting their time.  He probably has a $100 a day contract with amazon aws and if he tries to sell the coins he mines here he crashes the price to zero immediatly.  Obviously you didn't read my post carefully at all.

Okay i hear you i’m with you.

So let’s assume he has 30-60k coins now.

What’s the cia fear? maybe idk enough about forks but i thought the network would be able to at least be alerted to a fork if there was double spending. And i didn’t know a fork could result in a change in the coin’s core. Isn’t the software  still preserved on the original site and any malicious code would be discovered?