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59 sats \ 2 replies \ @Scoresby OP 25 Mar \ parent \ on: OCEAN's Jason Hughes shares weird details about the two-block reorg bitcoin bitcoin_Mining

No, but I am not surprised when miners try to increase their hash rate. Nor do I expect them to selflessly abstain from gaining "too much."

I expect that miners will do what they can to gain an edge. If we cannot prevent selfish mining, why should we expect miners to abstain from it?

I suppose there is an argument to be made that miners ought to avoid selfish mining because it is bad for the long term health of the network.

However, imagine this scenario: there is a miner with 30% of the hashrate. Then there are two or three pools who combined maybe come up to 25%. If the pools were to band together and selfish mine in order to try to gain an edge on the larger single miner, it might be a good thing.

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221 sats \ 1 reply \ @BITC0IN 25 Mar

it's a declaration of war that spirals into applying zero sum games to all the edge cases, fee sniping, 33% miner attacks etc.

we should strive to avoid these bad faith antics for as long as possible, socially.

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112 sats \ 0 replies \ @Filiprogrammer 25 Mar
we should strive to avoid these bad faith antics for as long as possible, socially.

100%
And mining needs to be more decentralized. A single Stratum v1 pool controlling 33% of hash is a problem.

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