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Showing 5 of 5 results by Fulltilt
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Board Pools
Re: [~2300 Gh/s Mining Pool] HTTPS,API, instant payouts,LP,+1% for NO INVALID BLOCKS
by
Fulltilt
on 08/06/2011, 19:41:49 UTC
What is worth all these doomsdayers coming in here preaching? I see a lot of conjecture flying around but that is all. Why dont one of you doomsdayers show some proof substantiating your preachings?
Please see https://en.bitcoin.it/wiki/Weaknesses#Attacker_has_a_lot_of_computing_power if you don't understand why the current situation is dangerous. One person is frequently in control of the majority of the CPU power in the network. I know that Deepbit has all kinds of lovely features, but at current exchange rates he will be earning close to $1 million a year off your mining fees AND he has the ability to bend the rules of the system.

By continuing to vote for Tycho by giving him your CPU power, you are electing him the dictator of Bitcoin.

If you take the time to read more than one little article you will find that the person who controls more than 50% has to be ONE user! Not a pool. The only way it could happen with Tychos pool is if the person attacking was able to take control of every single members computer. you all are acting like al-Qaida misinterpreting things. If say google decides they dont like bitcoins and put all there computers online and had more than 50% than they could do it. with all the security, firewalls, routers, and so forth there is no way this can happen. Before you go and make fools of yourselves take the time to do a little research. Wink
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Topic
Board Pools
Re: [~2300 Gh/s Mining Pool] HTTPS,API, instant payouts,LP,+1% for NO INVALID BLOCKS
by
Fulltilt
on 08/06/2011, 19:29:33 UTC
just wondering, when is pay-per-share more profitable and when is Proportional more profitable?
Just as it says on the site - PPS is more profitable when pool is unlucky and vice versa.

I am sorry if this has already been answered but i cant seem to find it anywhere. If the average shares per block is higher than difficulty does that mean we are unlucky or does that mean we are lucky. Sorry very new to this so not sure.

thanks fro the great pool Tycho despite all the haters you do a great job!
Post
Topic
Board Pools
Re: [~2300 Gh/s Mining Pool] HTTPS,API, instant payouts,LP,+1% for NO INVALID BLOCKS
by
Fulltilt
on 08/06/2011, 06:41:20 UTC
so many silly newbies hating on tycho. deepbit is the best pool. that's all there is to it. if you don't like his share of the network, make a pool that's better then his. none of these complainers will though. some people take action and some just bitch. I cant wait for the bitcoin network to shake off the naive kids as the business oriented move in.

>herp derp I make comments that make me look like an ass while I talk down about everyone with legitimate security concerns.
>herp derp buddha is in my name and my profile pic but i don't act like a buddhist in the slightest

Wow what are you 12?

7 actually

It shows
Post
Topic
Board Pools
Re: [~2300 Gh/s Mining Pool] HTTPS,API, instant payouts,LP,+1% for NO INVALID BLOCKS
by
Fulltilt
on 08/06/2011, 06:33:57 UTC
so many silly newbies hating on tycho. deepbit is the best pool. that's all there is to it. if you don't like his share of the network, make a pool that's better then his. none of these complainers will though. some people take action and some just bitch. I cant wait for the bitcoin network to shake off the naive kids as the business oriented move in.

>herp derp I make comments that make me look like an ass while I talk down about everyone with legitimate security concerns.
>herp derp buddha is in my name and my profile pic but i don't act like a buddhist in the slightest

Wow what are you 12?
Post
Topic
Board Pools
Re: [~2300 Gh/s Mining Pool] HTTPS,API, instant payouts,LP,+1% for NO INVALID BLOCKS
by
Fulltilt
on 08/06/2011, 06:32:45 UTC
What is worth all these doomsdayers coming in here preaching? I see a lot of conjecture flying around but that is all. Why dont one of you doomsdayers show some proof substantiating your preachings? Man i thought Westboro church was bad....