Quote from: philipma1957 on August 28, 2013, 01:15:59 PM

Quote from: CanaryInTheMine on August 28, 2013, 07:11:24 AM

Quote from: suprabitz on August 28, 2013, 12:28:56 AM

Quote from: jborkl on August 27, 2013, 05:20:24 PM

Wow, almost 10TH delivered so far? That is amazing

10th = 2% of the network speed those little usb sticks sure add up and thats not including all the other distributors including europe & asia

the best thing that can happen for bitcoin is to have 7 billion of USB stick miners out there instead of concentrated hashing locations that are 25%+ of the network...
all these new companies are chasing the wrong crowd with complex equipment...

yeah if we had about 20 pools with 4% each and a few million miners with 10-20 sticks or 1 or 2 blades it would be better then 2 or 3 100th places like cloudhashing.

The big group big pool is very tempting to attack. 3 pools with 50% of the hash beg for ddos attacks

http://blockchain.info/pools

right now btc guild 50 btc and deepbit add up to 50%

a well planned ddos with 200 blocks before adjustment is very tempting. take out the 3 mentioned pools 12 hours before adjustment and the rest of the miners have easy pickings. Having 20 pools at the 3-5 % level would truly end this incentive.

I think a smart defense we miners can do is set our "backup pools" in our mining software (like bfgminer) to connect into various smaller pools should any big ones go down... so taking down a big pool would only transfer the hashing to a random assortment of smaller pools.