Quote from: googlebot1 on June 24, 2011, 03:59:56 PM

Quote from: Meni Rosenfeld on June 24, 2011, 03:51:57 PM

I think you need to read up on utility.

0.5 BTC a day doesn't have any utility for me compared to the effort.
Finding 50.0715 BTC in my wallet this morning had great utility in contrast. Grin

So 0.5 BTC is bad, but 1% chance of finding 50 BTC is good?

Then this isn't at all about pool fees decreasing your expected payout... It's just that you're among the few people that actually enjoy the rush of having high variance. Good for you. (And consider the lottery for satisfying your variance cravings.)

Quote from: googlebot1 on June 24, 2011, 03:59:56 PM

What about Myth 1, BTW?
Why is this nonsense still in the wiki?

I guess you're right about this one (though I don't know a lot about this myself). Wikipedia has a "be bold" policy which I guess applies here too, feel free to change this.