Proof of miner manipulation.

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To all bitcoin fans, bigblockers, segwit believers and the rest of us. I'm posting this because I've been waiting for confirmations to buy some SUPERBOWL pepes on https://rarepepewallet.com/ for over 24h. Might sound dumb to some and probably is, but that's not the point. I've been following the Mempool status on http://bitcointicker.co/networkstats/ for the last few hours and made the following screen caps that prove the manipulation that's going on.

Screen cap 1: http://i.imgur.com/cTUX3uj.png

This capture shows we're at block 451527 and miners have been working on block 451528 for 11m55s, a few seconds before finding it. The Mempool holds 2279 txs waiting for confirmation. All is looking fine, and after yesterday's peak I expect my transactions to be mined in the next block.

Screen cap 2: http://i.imgur.com/Y3AFuUi.png

block 451528 has been mined since 3s leaving 792 txs in the Mempool. Miners have started working on block 451529 and I expect them to pick up the the leftovers in the Mempool and confirm my transactions, but….

Screen cap 3: http://i.imgur.com/o0onJB4.png

block 451529 is mined one minute later with ~1750 txs leaving 217 txs in the Mempool and still no confirmation for my transactions! Bitfury has just added a ~1000txs out of the blue to fill the block. I'm starting to get pissed off…

Screen cap 4: http://i.imgur.com/lVwUXfR.png

At block 451532, antpool mines a small block with 1000txs only, refusing to pick up the txs left in the Mempool. I now see that bitcoin mining is a mafia type scam that can charge whatever they please to process a transaction whether by filling blocks with fake transactions or simply refusing to fill the blocks.

It's obvious to me that any increase in blocksize will not change what's going on and I also doubt Segwit will help. Mining has become far to centralized and there is no more competition between pools who have reached an agreement to screw us all. Time for me to move on and quit HODLING. I wish the best of luck to the rest of you whatever side of the sterile blocksize debate you're on.

submitted by /u/kretchino
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247 Bitcoin

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