Quote from: phillipsjk on June 15, 2014, 09:30:33 PM

Quote from: S4VV4S on June 15, 2014, 12:39:53 PM

Quote from: Stevbenson on June 15, 2014, 12:33:08 PM

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 Wink

Raindrops become a torrent.

Quote from: phillipsjk on June 15, 2014, 07:53:17 PM

... Recently, my brother reminded me that I claimed a 51% attack could not happen because people would desperately add hash-power to the network (even at a loss) to stop it.

People seem to be saying: "my hash-power does not make a difference, so I might as well benefit from the lower variance." The unseen risk is that concentration on only one pool may dramatically increase the variance in price.

I have heard about selective hearing but never heard of selective reading before....
Read what I wrote.
I emphasized it for you.
Have a good one.