Ghash is back to 33%, you can go back to sleep now, nothing to see here.
They are hiding their real power.
I think the 51% we witnessed was a demonstration of power. I do not know for what reason.
They could have blocked miners as to keep their hash rates down as they did before, but they didn't.
I would say that GHash has MUCH more than 51%.
That being said, I do have some of my miners pointed at them.
EDIT: On the subject, NO, I don't believe that BTC is decentralized anymore.
In fact, the fact that we depend on the core dev team for anything means it is centralized, and from what I understand the core dev team is under the TBF orders.
Apart from that BTC mining is completely centralized.
WTF man! You think they have over 51% and you still point miners at them... Where is your logic?!?
Think about it, if they have more than 51% what is 720Gh going to do if I remove it from them?
720Gh means jack shit for hashing power. Apart from that I would like to at least get my investment back (which I didn't yet).
I also have more than that on other pools - I don't like to keep all my eggs in one basket
Because miners are egoistic. The Bitcoin network is not stable if you need altrusitic miners. So as a miner. Why do you use GHash and not another pool?
2. What is the real thread? Is a mining pool with 75% individual miners one entity? It depends. Can the pool fulfill double spendings which can't be recognized? I think that is pretty difficulty. So not only GHash as a company but all the miners have to ask themself: Do I profit in the long run to cheat the game?
Huge transactions. Only they can be profitable to cheat. So if you have a 51% majority and send someone 1000btc will the receiver wait 6 confirmations? This would be a 1.5% chance that GHash makes all 6 blocks. But even that is irrelevant. You don't buy a car and wait 6 confirmations. You make a fucking contract under the legal state of the country! You can't cheat that because you are not anonymous. You are only anonymous if you trade small amounts. And if not, it is your fault to get cheated...