Post
Topic
Board Mining speculation
Re: How to attack Bitcoin mining?
by
wasserman99
on 19/08/2014, 01:22:52 UTC
Step 4)  Don't submit winning hashes, reducing the REVENUE of competitors by 3%

When mining you don't know if you have the winning hash until after you submit it (sometimes not even then).

Neil
There are some modified versions of mining software (I believe it was cgminer) that can be set so that found blocks are not submitted to the pool. There was a miner in China earlier this year that was mining on the eligius pool, withheld what should have been several blocks (they would have been expected to find several blocks verses what they actually found); it ended up costing the pool several hundred BTC. There was also likely a similar attack on BTC guild that lasted several months before that as their luck was way below what it should have been.