Mining pool has majority hash power.
Closed this issue · 3 comments
A Circcash mining pool has the majority of the hash power. Of course, since Circcash is a new cryptocurrency, I am not surprised by this. I do not suspect any foul play, and it is better for a mining pool to control a large amount of hash power than an individual.
Here is a hash that will help us determine that this mining pool is mining on the right chain.
Block #112227 has hash 5f34a4e5a66a4d528c2067ec8b22d877cf856bfe5d8eb50697981a17f5ba479e
So it is probably a good idea to put a checkpoint in the mainnet source code at line 39 of the file checkpoints.cpp in order to make sure that a computationally powerful entity does not start mining like crazy on a different chain or start from the genesis block (I probably should have done this sooner; simply posting the hash of a block here on Github and elsewhere is not good enough). I also need to update lines 42,43,45 of checkpoints.cpp, but I do not know exactly what to put for lines 42 and 43 when the last checkpoint was at block 112227 or any other block. Can someone let me know how to obtain this information for lines 42 and 43?
If you have been keeping up with Circcash, you would know that about a year ago, the RPlant mining pool discontinued Circcash unexpectedly (because mining pools are really unprofessional). Think about this unprofessionalism the next time you want to put Circcash in another mining pool. Since Circcash was mined using GPUs back then, the difficulty has been stuck high ever since, but now the difficulty is about to retarget to its normal level. I will close this issue once the difficulty retargets.
I have closed this issue because the difficulty has retargeted. But let us not have the situation where we give a mining pool a majority of the mining power. And Circcash is now at a low mining rate which is not good. But then again, this is because the cryptocurrency community thinks that it is better to waste energy than to solve the most important scientific problem.