Bitcoin Forum

My first poll ever, but I'm really curious of your answers to this!

Comments and other answers but the ones I stated are more than welcome!

/Erik

Heck yeah, so long as they don't adjust for current market price.. ie the same amount of btc given for the same amount of time of hashing.  So let's say I get 1 btc every other day (which is about what I get now), then I would help out the new project so long as I still made 1btc (or more) every other day.
 
I'm all about advancing protein folding, SETI, whatever, but if they pay less, I'll just keep mining for slush ;)
 
But given equal (or better) pay, I'd more likely do the other projects, since I want to meet a hot alien woman ;)

That is stupid. If it takes so much processing power to create a bitcoin, why would someone else ask you to process something else for them which they will pay a btc for, they would have had to do the processing themselves to generate the bitcoin to pay you for folding. Very stupid idea fellas.

jprowl, he was probably referring to other stuff - such as, you do rendering/whatever work for them, and get paid in bitcoins which they've bought from a market or have already... :?

There's still the EFF prizes for prime number solutions, which in essence are limited to how fast you can perform the FFT/ inverse FFT (or NTT if you chose). Those start at $150,000 USD.

I've never processed a block in my life and I have plenty of BTC you fucking idiot. There are many ways to buy Bitcoin, dumbass.

Sorry, maybe I was unclear in my statements, the pay would be slightly above the amount of bitcoins currently made on average (using the alloscomp site for instance).

The details of these agreements I have not worked out, but I guess one could either agree on a price in bitcoins or in dollars, euros, intergalactical pounds or whatever.

The idea of renting out computing power on-the-spot I intended for people who have a short and bursty needs for calculations and are very impatient for their answers. Instead of buying a rig and then only use it 1% of the time, they could use the same amount of cash to have 100 times more computing power when they actually need it.

Also not everyone is as nutty as I and thinks a big rig with lots of fans producing noise and heat is the most beautiful thing in the galaxy or they may have partners that are of an opposite oppinion....

Another problem I just realized would be trust and proof-of-work, a thing which is most elegantly solved in the pools of the bitcoin network.

ugh like money, ugh has puter and want money for com-pu-te-shons.

:P seriously though, most people mining are mining for money, if they could make more money somewhere else, i'm sure they would in a heartbeat.

I first noticed bitcoin due to wondering why Distributed.Net's RC5-72 encryption cracking challenge had rapidly dropped off in keyrate around mid March.  GPUs give a tremendous boost to processing power (40Mkeys/s for an i7, 1500Mkeys/s for a 6870).  My search led me to bitcoin, where the natural assumption was people gave up cracking keys for hashing BTCs and making loads of money.

If I wasn't creating bitcoins I would aim my GPUs back at D.Net.  I now have 3 extra 6950s, solely due to the BTC effort.