all the pools are shutting down. I don't like it when dwarfpool is the only one left. Centralized, not exactly good for a coin. The pools are reporting that 365 lost its dev support.
Exactly, that's why I abandoned MaxCoin, where one pool has 75% of the network hash. Once a pool has over 50% of the network hash it's over. No one seems to care. The whole reason we're mining is to secure the coin. Once a pool has 51% it's worthless, as the pool operator gains full control over the coin, and adding hash rate does NOTHING to secure the coin. Avoiding central authority is the reason cryptocurrency was invented.
Dwarfpool has 385 GHs out of a total 466 GHs, that's 82%. This coin is now a failed coin. Come on devs, help get P2Pool working so we can save the coin.
You can setup all the p2p pools you want... And it will help nothing. Miners need to actively move around to diff pools...
And Pools need to control the amount of hash they aquire. Dwarf and 1gh FAIL big time to do this, again it is also the fault of the miners.
The official pool is up and running move some hash there help spread out.