Nobody is confusing your post with a "system" but it is possible to that a proposal is flawed even at the conceptual level.  If you told me you were going to the moon by jumping high enough to break orbit, well I don't need to wait to see the engineering plans to tell you it isn't going to work.


Your proposal isn't a sanity check, it is a ban randomly miners without any basis in the name of "doing something" and rack up even more losses due to orphans.

I would think you could detect someone performing a block withholding attack on the pool through a simple test:

First identify your 'unluckiest' participants.  Then when a block is solved, immediately send the work unit for the block to those miners.  If they consistently fail to return the winning solution you know they are ripping you off.

There are a number of other attacks that could be detected with similar approaches.

What's troubling to me is the massive asymmetry of risks right now.  The miners on BTCguild have over $50M in hardware investments that is depreciating at 25% / month .  I'd be shocked if Micheal has $50k in total in hardware to run the pool.

My personal theory has been mentioned already:


Startup 42e1 spends $2M on design and masks to build out their $5M 2Ph/s mine only to discover that the design has a flaw that prevents it from finding nonces with difficulties over 4.2 billion.  It still hashes lots of results below that level, so instead of scrapping things they move all their machines off the internal pool to a big public pool.


There are many, many other reasons someone could be maliciously attacking a pool, and the stakes keep getting larger.  If you're operating a public pool and not actively developing defenses, you will be burned.

And personally if I was clearing $250k / month off my pool, I wouldn't care what little people think either, but I would pay somebody to care.

It requires a manual payout because it's so little an amount (under $5 worth!) that it would overload buggy miners to generate to it.
If you're so starved that you can't wait a few months for $5, then you shouldn't be mining...

This is correct.
The algorithms are public.

Maybe it's not malicious activity?  Maybe there's something wrong with some piece of software being used?

For example, I have a number of S1s running through a Stratum proxy.  How can I verify it's properly feeding random work to all the ants, and half of them aren't working on the same thing the other half are working on?

M

    If some one wants to leave the pool thats fine.

    If they want to blow out a rant on the way out the door, that's fine too!!

    Roll my eyes, turn my head back to what I was doing before they interupted my day.

     I choose to have a good day!

     You can too!   

Worked out a secure way to do a manual payout.

Majority of queue was paid, minus some blocks that are not yet confirmed.  Stats should reflect this shortly.

278.49192020 BTC in manual payments applied to balances from tx 8ff569995ff56632309fcf968d2a30beda1140ede49f4460783a35f1b2f791b3
50.12648701 BTC in manual payments applied to balances from tx 2b24410cc1dab9f3b4f1de9937e627a98b56838f563ff4827f01890731ea3200
125.06159973 BTC in manual payments applied to balances from tx 0bb57f6e38012c86d4c5a28c904f2675082859147921a707d48961015a3e5057
964.90392745 BTC in manual payments applied to balances from tx dbab1c84db23abc33c2c89a650b23e2996e14e5876334d083f7281b62e3ef898

I will do another when more coins mature to 120+ confirms.

well tnx for the payout rly ... but who gives a shit about ur private life ... $ is $ .. and erasing posts does not changes the facts ...
this pool stats/payouts crashes too often for a such good pool despite the really honest & responsible work of the owners ... if u cant handle it for free just make some % better then putting pool of unknowable for users state for undefined time ...