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1181  Economy / Economics / Re: Black Swan on MTGOX on: March 23, 2011, 01:59:38 PM
If something has happened several times before and has a fairly predictable result it isn't a black swan.
1182  Economy / Economics / Re: How Does Stock Work on: March 23, 2011, 09:49:48 AM
A company goes public for a variety of reasons. Two of the main reasons are as follows:
The main reason by far is that it makes it easier for owners to sell (and implicitly buy) shares. Combined with the fact that the laws about distribution of information is much more strict for public companies in most countries, it makes the shares much more attractive. This results in higher share prices.
1183  Bitcoin / Mining / Re: [NEW POOL & NEW MINER] - BitcoinPool.com - Jump In! on: March 23, 2011, 09:31:43 AM
The client probably just doesn't calculate the percentage correctly, there are way more hits on even percentage numbers than odd. Also, you don't include 0 in your statistics, "0%" has 488 hits.
1184  Bitcoin / Pools / Re: Cooperative mining (130Ghash/s) on: March 23, 2011, 08:24:58 AM
Is there a way to get the average pool size and pool hash rate at the time of previously solved blocks?
I'm trying to calculate an optimal pool rate, to optimize my payout. My current estimate is 112 GH/s but i don't have enough data.
Why would there be an "optimal pool rate"?
1185  Bitcoin / Pools / Re: Cooperative mining (130Ghash/s) on: March 22, 2011, 03:04:45 PM
Correct. PPS is very vulnerable method and I don't plan to implement this. Everybody with few Ghash/s can bankrupt operator of PPS based pool in few weeks.
How?
1186  Bitcoin / Pools / Re: BTCMine - shared mining pool, open registration on: March 21, 2011, 12:51:26 PM
1) No one poll operator need a more risks for small fee.
Everybody wants low risk. For a well run, well connected pool with a high hash rate the risk would be minimal to the operator, though.

2) And you miss one big problem - pps payout model impossible protect from smart cheaters.
I don't think there is any way to cheat with PPS. Feel free to share if you think you know something I don't.

BTW,  why do you think bitcoinpool not grow? With zero fee?
I can only speak for myself, but they don't have PPS, their hash rate is too low to provide a steady payout, they require a special client, and they whine too much about their efficiency.
1187  Bitcoin / Bitcoin Discussion / Re: Pioneer 1 on: March 21, 2011, 10:55:20 AM
BTW, the name of the show is "Pioneer One". The difference is mainly that you will get a lot more relevant responses if you google that.
1188  Bitcoin / Bitcoin Discussion / Re: Waste of time? (Stirring debate.) on: March 21, 2011, 10:49:34 AM
The guy who's commenting is completely clueless. He thinks that dollars are tied to gold, and that all other currencies are tied to dollars. I can't be bothered to make an account to correct him.
1189  Bitcoin / Pools / Re: BTCMine - shared mining pool, open registration on: March 21, 2011, 10:21:37 AM
Any price is fair if both sides agree on it and pool owner don't lies about it.
But since I don't agree to it your attempt at nitpicking is moot.
1190  Bitcoin / Pools / Re: BTCMine - shared mining pool, open registration on: March 21, 2011, 09:12:54 AM
I voted pay per share, under the condition that the price is the same for all models. I don't think those who select another option make the same assumption, because if they did it would make no sense to select anything else. The whole point of a pool is to get a steady payout, and pps is as steady as it gets.

The only drawback for pps is that it shifts that risk to the pool provider. Other than that it's win win for both sides. It makes it very easy to client to check that the pool provider doesn't cheat, and the pool provider doesn't have to take any measures against pool jumping. I think that if someone starts providing pps and long polling for a more fair price than 10% they would quickly become the largest pool.
1191  Bitcoin / Mining / Re: How to monitor bitcoin client remotely on: March 21, 2011, 08:53:11 AM
VNC isn't very "techie" and it runs fine with W7. I recommend TightVNC.
1192  Bitcoin / Mining / Re: HD6870 maximum hash/s on: March 20, 2011, 07:17:59 PM
5970's get 600-1100Mh/sec, No im not j/kin you
There's no way to get 1100 MHash from a single 5970. It's just two 5870 GPUs, and my 5870 gets 360 MHash at 950 MHz. To get 1100 MHash you'd need to run both cores at more than 1400 MHz.
1193  Economy / Economics / Re: what happens when btc2 comes out? on: March 19, 2011, 10:51:36 PM
Many ISPs throttle torrents, and if people actually got paid to find available bandwidth and fill it it would get much worse than torrents.
1194  Economy / Economics / Re: what happens when btc2 comes out? on: March 19, 2011, 07:29:51 PM
There might be the possibility of a bitcoin analogue, but instead of minting with CPU power it is done with bandwidth.  With this method, whoever provides more bandwidth to the network earns more coin.
ISPs would kill it in days, if not hours.
1195  Bitcoin / Mining / Re: Too pool or not to pool? That is the question..+ a poll & poolings effect on BTC on: March 19, 2011, 05:43:01 PM
What you are describing is a socialist pool. Good luck with that here.
1196  Economy / Marketplace / Re: SELLERS: Let's Raise Our Prices to $2/BTC! on: March 19, 2011, 09:10:13 AM
WE THE PEOPLE of the diamond producing community, who mine and sell diamonds, are the ones who can truly steer the market and contribute to the success of diamonds, the People's Jewel.
De Beers beat you to it by about 100 years.
1197  Bitcoin / Mining / Re: I Hope ALL Of Your Are Running Your Bitcoin Client As Well As Greedily Mining..! on: March 19, 2011, 12:15:26 AM
Any particular reason for the 5-10%? It's pretty pointless to mine with a CPU, but if you're going to do it, there's no point in limiting to 10%. Just set the process priority to low and you won't notice it.
1198  Bitcoin / Mining / Re: I Hope ALL Of Your Are Running Your Bitcoin Client As Well As Greedily Mining..! on: March 19, 2011, 12:03:20 AM
You can only forward to hosts that have opened the ports, and they are much better connected to the rest of the web than you, so they don't need it. You're actually just adding load to them, because they have to be hubs for all the peers that don't allow incoming connections.
1199  Bitcoin / Mining / Re: Flash & media players lower core MHZ and hash speed! (List of programs within.) on: March 18, 2011, 02:25:09 PM
Just give the CPU intensive processes lower priority than the miner and you should be fine. Hyperthreading might mess it up, though.
1200  Bitcoin / Mining / Re: I Hope ALL Of Your Are Running Your Bitcoin Client As Well As Greedily Mining..! on: March 18, 2011, 09:26:13 AM
Mainstream people aren't going to have a clue about how it works under the hood, so it won't influence their confidence in it at all.
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