Your site is loading faster, thanks! are you guys working on any more pools to add to directpool??

Nice!!

DirectPool wants to further prevent any possible future 51% atks by giving miners a choice to join DirectPool which we believe is a stable and secure mining pool. It's administered by active admin as well. By redistributing higher pool hashrates over to DirectPool, you'd be preventing the bigger pools from getting too big.

Main purpose of DirectPool that I think the article at CoinDesk could have covered a lot better about "Cummunity-First" is that DirectPool wants to help the Bitcoin Community and that's where BBA comes in to the picture.

BBA has some very well known names that will be supporting this project. ALL donations goto funding charities and worthy digital currency related projects. Miners will vote and choose which projects should get the fundings. (More on this coming soon)

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This is a fundamentally flawed argument.  You will never, nor will any pool, ever prevent a 51% attack again.  We're very close to private entities [ASIC manufacturer farms, giant ASIC warehouses, and "cloud" mining services] controlling > 51% of the hash rate already.  It is NOT possible for a public pool to hit 51% ever again unless every other pool vanished off the internet simultaneously.


EDIT:  Exception here possibly being ghash.io.  Though they are majority private speed from their cloud mining service, so I have a hard time calling them a public pool.

Hey, thanks for sharing the input. I don't think there is an argument happening here... Every public pool is on the same page, bitcoin doesn't need centralization. So if we can agree on that, there is no argument here, it is just another reason to ensure there is protection over the network. You and I cannot predict it will "NEVER" happen, the saying goes like this, "never say never"... nothing is impossible, but it sure is preventable.

I think it's a philosophically flawed argument as well. I find it self defeating that the solution to "too many miners in one place" is giving all those too many miners another attractive place to go.

Let's consider eleuthria's point for a moment. What if every other pool besides DirectPool happened to shut down at the same time? Is there a novel value add that DirectPool hasn't mentioned that would "prevent" this 51% type attack from happening?

My second point aims directly at "community-first." If your pool was truly community first, why not donate 100% of fees to charity? I'll assume that you choose to use the "nobody can work for free" counterpoint. Why not just make a charity donation website? It would at least save you all the work of running the pool, and you get to serve the community at the same time. I can think of other ways that you can serve the community directly that do not involve the costly work of running a pool.

Bottom line: I think that finding a way to automatically donate to charities is great but this does not change the fact that every news article I've read is a complete sharp angle that leads to just another pool. If you're going to attempt to convince me to mine somewhere, it's going to take more than a display of noble intentions and an empty promise of network security.

You're missing my point. In a more realistic scenario, the possibility of a public pool exceeding 51% doesn't exist, yet multiple articles tout this as a "next-generation" mining pool that aims to mitigate that risk while giving back to the community. My point is very simple. I need to know exactly how the claims made about your pool are qualified. I am asking for you to explicitly state how you are a next generation mining pool and how your pool is different from any other pools specifically in the way that DirectPool can prevent a 51% attack and what you offer that is more substantial than "We are giving miners another place to mine."

If we're going to "urge" each other to do things, I urge you to explain why retaining a 1% fee serves the community better than it serves yourself. I also urge you to point out where I stated or implied that DirectPool is "begging for donations."

While you're at it, can you explain why you aren't a non-profit or a not-for-profit organization as opposed to a for-profit?

yea my miner is mining on the pool just fine on my side. Their site is under maint.

Msg reads "DirectPool website is under maintenance. You can still mine however the stats will not update. Be assured that all your shares submitted are being accepted. All services will be restored shortly, thank you!"

cool. Goodnight all

Maint. almost done! Thanks for your patience. Services will restored shortly and an update will be provided.

Pool is still running.

EDIT:

Stats have been restored. Maint. will be done shortly.

Edit 2:

Maint. completed. All stats are restored. Pool is running perfectly. Updates listed under News section of DirectPool.net

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