After 72 hours will all the payments just go back to Slush?
Yes that is exactly what will happen, it could take longer though. Welcome to the joys of Core's "fee market". I know slush is a supporter of classic but I am getting anxious to mine more Classic blocks, the blocksize limit must be increased or Bitcoin will simply just be out competed and obsolesced by other cryptocurrencies and fiat.
has nothing to do with core. Its antpool alone.. If they would just stop mining empty blocks.. 25 in the last week alone.. then you wouldnt have this problem. Get the miners to do whats its required to do to participate or find a way in the next release of bitcoin core to block miners that submit empty blocks. Once everyone gets with the program then and only then if the blocks are still full you may have a leg to stand on..
Best Regards
d57heinz
Now whats going to happen when the block size goes to 2 mb? .. I only imagine block propagation getting much much worse. not that it isnt already. I cant imagine doubling the bandwidth required is the fix.> Seems to me its the opposite.. More of a crippling effect if the large pools are the only ones able to process the blocks.. And ive seen some pools take a minute to even see the blocks once they are found. (Hell look at slush right now.
https://poolbench.antminer.link/ if you look at the bottom you see that slush stratum (with the most hash no less
https://slushpool.com/stats/) takes over 30 seconds(us-east) for a block notification.. So that means on every block for 30 seconds over 22 ph is mining into the wind. Jeez wonder whats wrong???)> So does that mean now that will take 1 min?? or more?. Thats great we will all be mining into the wind for 10 % of every block while the bitcoind waiting for nodes to pass along the info of new block finds. 2 mb blocks wont work if decentralization is one of bitcoin key attributes.> But i can imagine if people start losing money over this .. Soon it will be "ok" to centralize.. Just stop the bleeding right?..
Those of you mining on the us-east stratum .. do you have an abnormally high amount of rejects?.. Also what effect does the 30 seconds of half the pool mining on old blocks do to the luck?..
Best regards
d57heinz