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None of their miners have to collude in any way; scary stuff is entirely up to the pool operator to execute and the miners won't even know that they're helping
by haakon 13y ago
None of their miners have to collude in any way; scary stuff is entirely up to the pool operator to execute and the miners won't even know that they're helping until it has happened.
At this point it's tempting to consider just mining for this pool as collusion, however. GHash.io have been known to abuse their mining power to double-spend already. Miners are not showing much will to leave for other pools, however. It's a dire situation.
- belluchan 13y ago> It's a dire situation. Hoards of people dump insane amounts of money into a new, unproven and unstable currency technology. What could go wrong?
- deleted 13y ago[deleted]
- VMG 13y agoMining power can centralize -- there are some solutions to this. One of them is https://en.bitcoin.it/wiki/P2Pool https://en.bitcoin.it/wiki/P2Pool