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If I'm reading this correctly, Mining Pool Hub is claiming to be doing about 90% of the total FTC hashrate right now.
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Isn’t that potentially a security risk? Are there other pools that people might switch to? I was trying to mine on the p2p servers for a while, but found the .01 payout threshold too much, and looking over the payout charts for other miners on one of p2p servers I suspect many people with < 3 MH/sec may have found the same.
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I must’ve misunderstood something or they have something wrong. Their current numbers, based on my previous understanding, would imply that their pool hashrate is larger than the total hashrate.
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The way I read it mining pool hub has around 4 GH/s of hashing power and the total network hashing power currently is around 7 GH/s
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Isn’t it potentially a security risk to have more than 50% of the network hashrate from one place?
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@gonnaforget said in If I'm reading this correctly, Mining Pool Hub is claiming to be doing about 90% of the total FTC hashrate right now.:
Isn’t it potentially a security risk to have more than 50% of the network hashrate from one place?
not with Advanced Checkpointing - Which Feathercoin has.
What this does is checkpoint the blockchain every X amount of blocks. So even if someone did get 51% of the hashrate…they couldn’t do much except roll back to the last checkpoint.