Quote from: empoweoqwj on January 09, 2014, 02:00:25 PM

Quote from: e521 on January 09, 2014, 01:58:23 PM

Quote from: empoweoqwj on January 09, 2014, 01:39:52 PM

Quote from: e521 on January 09, 2014, 01:06:03 PM

Quote from: empoweoqwj on January 09, 2014, 04:05:34 AM

Yeah, 60% is a lot. Could do with having a dozen "big" players. Unfortunately its a free market, so what to do?

This issue has been already pointed out during last year bitcoin conference.
That's what you get with proof of work and ASICwith an "high" entry barrier.
Core developers should seriously start to think about a way to mitigate 51%

Except that miners have zero incentive to destroy the bitcoin network. Its like cutting off your own head.

LOL Why are we talking about miners?
Pools operators have the real power, miners are only sending data.
What are you talking about?

And where do pool operators get all their profits from? Miners. Doh.

Right ok, you won. Miners have the real power...