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Unfair advantage for pools with massive hashrate **Copied** #269

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mobias opened this issue Mar 30, 2018 · 0 comments
Open

Unfair advantage for pools with massive hashrate **Copied** #269

mobias opened this issue Mar 30, 2018 · 0 comments

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@mobias
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mobias commented Mar 30, 2018

Hi Electroneum Team, thanks for the great work you are doing. Looking forward to ETN taking over the World soon :)

We are running a small pool at https://alhafeez.tech/etn/ that was doing quite well until network hash-rate increased and, more importantly, most of the hashing power became concentrated on few pools like Nanopool (https://etn.nanopool.org/) or Spacepools (https://etn.spacepools.org/). Spacepools is much slower now but it was running 100 MH+ before Nanopool started.

Since network speed went significantly up, we observe the efficiency of all pools going down, even the big ones report a lot of extra effort (e.g. quite a few high efforts %s here https://alhafeez.tech/etn/#pool_blocks). Even what-to-mine has a notice about negative luck on ETN mining. I think this is happening because replication of new blocks are taking about the same time it takes to find a new block so the network is in constant update mode. Add rebuild operations (caused by forks) to the picture and you can see it looks quite grim. If pool manages to attract about half of the network hashing power or more, this is less of the problem for them because they start with new block immediately after they found the last one and chances are high they get the new one too so other pools have nothing to do but just refresh their daemons without making even one attempt at finding the next block.

Is it possible (or did you even consider this) to make an arbitrary increase of the difficulty to bring block detection time above 5 minutes so all pools have chances to find a new block but not only the ones that occupy 50% of the network hashrate.

Hope this makes sense and other pool owners will join me in this request.

Kind regards
Al-Hafeez Technologies Team

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Our pool died just because not getting any block even with hashing with 500 KH/s for 72 hours, that's sucks, all moved to mine another coin.

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