Ken Shirriff's blog: February 2014

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BTC Guild was nice, but it still has too many stability issues due to its fast growth. Maybe once he upgrades the server this weekend I can switch back. MTGox/Dwolla is the best way to move money ... "When I try to start mining, I get "Problems communicating with bitcoin RPC" in the status bar and the miner doesn't start. I already checked that my bitcoin.conf contains the correct username and password. I am using: GUIMiner version: v2011-06-09 Operating system: Windows XP SP3 Miner backend: OpenCL/poclbm Video card: ATI 5770 Server: solo mining on Bitcoin client 0.3.22 Frequently Asked ... What are the 5850's doing as far as Mh/s goes? Whatever ended up happening to Slush's pool this morning (DDoS or whatever that caused the issues with connection) seems to have caused my rewards to double triple or (rarely) quadruple. Granted i went from .002-.003 per block to .005-.008 per block, but its a significant increase for me! What... Some miners like BTC Guild have actually sacrificed significant amounts of money for the good of the system. You can see this in terms of rational self interest - miners earn Bitcoins thus it's in their interest for Bitcoins to be as useful as possible, as that is what gives them value. Or you can see it in terms of ideologically-driven altruism. Or both.

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