Re: BiblePay - New Coin Launch

Hi,

Regarding minning on the pool it looks like many users went solo, so the pool does not have powerful machines any more and it is missing most of the blocks. If this goes on for a while, some others might leave too.
What should we do? I am giving it all in a pool, but it looks pointless for now - yes I know, if we all think like that, than we can leave and pool can close till block difficulty it too high to solve in a reasonable time and most come back to pool.
Any thoughts?

Best regards,
Simon

The thing is, the pool solves enough blocks per day to make it a pool, IE more than One, so in my eyes we dont have an issue. You get compensated in the pool based on how much HPS you bring to the table.

Once this botnet gets hit below 50%, things are going to get interesting for them.

How sure are you it is botnet? When is expected to be network upgraded from more then 51%?

Im not sure of anything. I make the assumption that for the last 3 mandatory upgrades, I saw 30, 40, now 60% of our nodes on a version that is 10 versions back. Leading me to believe that someone somewhere sets up 750 computers in a botnet (not calling it a malicious botnet, calling it a botnet of PCs), that they have trouble upgrading. The reason I think they have trouble, is because they are always 10 version back and all of a sudden they all upgrade at once, every time. The reason I "think" they might be in China is because the last time they upgraded, I got 5 or so mad emails in Chinese, something about why you make me upgrade so fast, and when I replied, they were blocked by the Chinese government.

That is quite hilarious.
I'm looking forward to see when we push network version 1.0.8 to 50%>
thank you for upgrade