By this time, the largest Grin mining pool was GoblinPool.
The founder of the pool Xiao Jay is the creator of the Niffler wallet.
Since most of the miners are in China, over 80% hashrate was on the Goblin Pool so far.
It was a big problem but everyone ignored it. Xiao Jay tried to prevent this by increasing the pool commission to 2.5%, but was unsuccessful.
Now, Goblin Pool is closing due to legal regulations in China.
And we are moving towards centralization again.
Because, in the last 12 hours, miners started redirecting to the always.vip pool, which has another Chinese server.
No miners are switching to grinmint or 2miners.
Source: Grin (GRIN) Cuckatoo32 | Mining Pools
Miners should know that they are making this coin dangerous, which they earn money.
You should know that if grin has 51% attack, all your mining devices, all your dreams will be rubbish.
Even if the pool creator won’t do it, someone can do who hacking access to the pool server.
So now we have to resolve this issue.
Dividing miners as 33%-33%-33% into always.vip, grinmint and 2miners is currently the most useful solution.
This three pools have Asia server.
Always.vip and 2miners have 1% commission. Grinmint has %2.5 comission.
It would be fair for Grinmint to switch to 1% commission for decentralization.
I recommend that all pool founders hold a meeting and for this, the three pool founders can post a joint statement on the pool homepage.
@mcm-mike @xiaojay @tromp @david @davidtavarez