Post
Topic
Board Pools
Re: Cooperative mining (>1500Mhash/s already, join us!)
by
slush
on 17/12/2010, 15:53:40 UTC
That way we could continue the project if you ever get bored and decide to quit or are unable to continue for some reason outside your control.

Mtgox and MyBitcoin are close source. I think shutting down those sites will have much larger impact on bitcoin network and nobody is asking for opensource it. I honestly promise that I'm not cheating and do not plan to do that. I also promise that I will fully open sources if I get bored by running service.

Code:
Generating inside a pool doesn't increase your overall Bitcoin reward.

You do not need to tell me this, I already know it. But it is exactly the same as single versus pooled mining. Pooled mining does not increase my reward in any way, but receiving smaller pieces frequently is much more safe than waiting week for a block. It has also psychological effect.

 There is nothing else than I want to see my children is growing. And I'm looking forward pool will generate block almost every hour :-). I believe all bitcoiners will understand this, at least until they will periodically receive corresponding rewards from my server.