Well investing now in the generation of Bitcoins is a two-way bet: you are betting that the increase in generation difficulty  is not going to outrun the value increase at exchanges, both when the difficulty leaps to an incredible high, or the exchange price drops, you're screwed.

Ok, just to make the situation clear, please post the amounts outstanding and which blocks they were generated in (if you know). So we can actually try to solve the mistery. If Slush would please confirm the amounts and blocks?

Then we can start figuring out which blocks already matured (and are therefore eligible for payout) and which will have to mature first.

I'm guessing this is not the case, but sub cent amounts will not be payed out, since it'll be seen as a DOS attempt by the network and thus swallowed whole as transaction fees.

So basically you're running the bitcoind Process right? Also I guess we should create some alternative pools, as not to accumulate too much computational power in a single site, which would then become a single point of failure

That would be great, at least for people that are over their minimum payout limit with this block, but keep the really small amount back and allow specifying higher payout limits. As for the rest: great work slush, I'm happy you took the pool over

100% of the surveyed Bitcoin users said that heating with Bitcoin makes for a nice and cozy home

As far as I see it the Bitcoin client has 3 interfaces:

• The User interface
• The API interface
• The Network interface

Apart from the first there are others relying on the fact that the interfaces do not change, so I think that changes to them should be slowed to a regular update intervall and should be well documented, as it would be incredibly hard to reverse engineer them at every change.

This is also supported by this ticket: https://github.com/bitcoin/bitcoin/issues#issue/5

Because sub 0.01 amounts will end up in the transaction paying process anyway so there's no point in paying them out.

Well, that's a massive investment, are we sure that doesn't tip over the balance of Bitcoin? We do need to have the computation distributed among all peers. It's not that I don't trust ArtForz, he's done very much to improve Bitcoin, and he's trustworthy, but accumulating so much computational power in one place strikes me as insecure. Assume he disappears (casuality, governmental intervention, ...) it would leave the difficulty sky high, so high in fact that for months generation would not go back to it's regular pace, making transaction confirmation extremely slow.

So for the good of the network and to keep other miners interested, please do not invest such large amount all at once. You can stay ahead of others, but don't crush everybody else.

The rapidly increasing complexity is a good point, is there an estimate on how fast it'll keep on growing? Once everybody's using their GPUs in the free time the complexity increment will slow down, won't it?

At that point longterm speculations might make more sense, I'll delay my investment until then.

I'm actually just trying to figure out that sweetspot myself, there is a lot of overhead, so getting the GPU setup right is important: better GPU -> Faster payback of overhead but also more expensive upfront investment.

I'm starting to realise that there is no single sweetspot, that fits everybody's needs.

Wow this is pretty extensive coverage. But I don't get why you'd divide by 4

@slush: I want to come out +/- 0 in the end, I love playing with new stuff, so it'd be just for entertainment. Problem is that the overhead of buying a new rig is quite high, so I'm trying to find the right balance between expensive GPUs and time to get the investment back.

It's been quite some time that I've been wondering whether I dare to tip my toes into GPU mining. But since I only have my working notebook I'd have to buy a dedicated mining rig for it. So just to get an idea about what size of an investment that would be I wanted to ask you what performances can be expected from the various GPU's. To be fair please add the miner you're using on it, as to avoid flaming about which miner is better.

I've heard a value of 625Mhash/s floating around for an ATI Radeon HD5970, is that realistic? Maybe I'll create a comparison matrix from the collected values ^^

So let's get started: what are you getting?

Well since there is no single person selling tickets to win the generation lottery (market niche? xD) it isn't technically a lottery. I'd simply say that it's a way to select an attorney that is going to sign and thus verify your transaction.

Wow, how many people are living in Zurich? Including myself I counted 5 so far. This has to be the single most active city in the Bitcoin universe

Congratulations nanotube for the first ever share to be bought by BTC ^^

Just wondering, running the miners on 3 workers at 2 MHash/s each and after 24 hours I didn't get any shares? Sounds a bit odd.

Tor?

7.5 BTC ^^

I quite like the idea, no one forces you to use the tracker but if you do, you'll have great seed count, even for old torrents. I think I'm going to give it a shot :-)

Being on the move a lot I love using my Phone to catch up with latest news. Sadly forums are pretty hard to navigate on small screens, but there is a nifty little app for iPhone and Android that makes it easy to navigate Forums and write posts: Tapatalk.

For this to work we'd need to add the SMF Tapatalk plugin to the Forum, and I was wondering whether there is interest from the other users and if it is possible that an admin could add it for us 

Any comments?