It should be pretty obvious that it was a joke, even if slush hadn't included the smiley.

I'll tip for this not matter what he does.

Generally it's the board of directors, but if it has a very large impact on the company the shareholders may vote over it. The current shareholders usually has the right to purchase the new shares if they want to. The board of directors is elected by the shareholders. Sorry, but there's no great conspiracy here.

1. I doubt that, especially if they're in the same machine. What I was talking about in the other thread was ATI 4xxx cards and Nvidia.

2. No idea what it will be in a year, but it depends a lot on how the price of bitcoins develop.

Hey, I've found 3 in the last 10 hours! I demand a raise!

You include an expected rise in value but not in difficulty, which is typical cognitive bias. Although the price has risen to about .95 last night (still less than your expected price), the short term mining power has had very sharp rise as well. At the current level, it would result in a 75% increase in difficulty. My guess is that it won't be that bad for a while, but then the price may go down again as well.

This is way too optimistic. Difficulty has been rising much faster than the price, and you need to include electricity.

I think most people don't check wattage use at all, they just assume that because they are using a GPU it will be profitable. A lot of people with old ATI cards and pretty much any Nvidia card are probably paying more for the bitcoins by mining than they would if they bought them.

It is easier to take advantage of Tycho's pool by pool jumping, which may make the shares less worth on average than they would be on Slush's pool. What is your actual payout?

Even your highest volume offer (16GHash/1yr) puts 1 BTC at about $1.27 given the current difficulty, so why do anybody purchase this?

 

Then there haven't been any DP trades the last 24 hours, so I suppose it wouldn't make very much difference if they were open.

I voted remove it, because I think a higher volume would make people take bitcoins more seriously.

Not if he locks it down and uses a proprietary interface.

That's the problem with selling it, there's really no way to set a good price. Running a pool is more work, but he could probably earn 100-200 BTC each day if it really is 5% faster. Slush's pool gets 2000 BTC each day. If he charged 4% or less he could probably get a much higher hash rate than Slush, because both those who already use a pool and those who currently mine solo would earn more by switching.

Very few people would benefit enough from a 5% increase to justify paying 400 BTC. I think the only viable business modell is to set up you own pool and lock your client to it. If it really is 5% faster you could take a 4-5% fee and people would still earn more than from the other pools.

Why would you think that buying up bitcoins would undermine or devalue them?

I think it's guessing using a combination of the known current difficulty and how quickly blocks are currently being solved.

Yeah, and if they don't have bread they can just eat cake.

Which is what both parts always say in a conflict.