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Nov 16, 2017 at 14:07 comment added ConstableJoe I think it was a combination of the fact that I was a bit too early for most people to have heard of Bitcoin, and at the time there weren't really any other examples of low-energy mining. So most people thought, "my computer can generate money? Seems like a scam," and people who understood cryptocurrencies thought, "mining uses up all your CPU and costs a ton in electrical bills, this isn't worth it," when neither of those were true.
Nov 16, 2017 at 13:48 comment added luchonacho Looks interesting! Why did it not pick up?
Nov 16, 2017 at 13:39 comment added ConstableJoe Very cool, @luchonacho! My own project, Compute for Humanity, never really got enough interest to be viable.
Nov 15, 2017 at 22:45 comment added luchonacho This might interest you. Code is in Github.
Nov 27, 2012 at 19:19 vote accept ConstableJoe
Nov 27, 2012 at 18:31 answer added Dr.Haribo timeline score: 2
Nov 26, 2012 at 17:55 comment added David Perry Bitcoin is built around digital signing with split encryption keys. The address is just a hash of the public key, the private key is what allows you to spend coins at a given address. Mining is just doing work in exchange for coins sent to an address you specify and you can specify any address, even ones you don't control the private key for. If someone wanted to grab the donation address from my web site and mine on my behalf, they can do so without my permission or knowledge and the fact that only I have that private key means the account isn't compromised.
Nov 26, 2012 at 13:40 comment added ConstableJoe I'm currently using Eligius in testing for just this reason, but I guess I don't quite understand what allows me to have access to the Bitcoins at a given address. Do I have to have a wallet for that address somewhere? Does that wallet have to be connected to the Internet? Currently I'm using the "to add Bitcoins, send to this address" address for my Mt.Gox account, but that address auto-changes each transaction.
Nov 26, 2012 at 9:10 history edited Highly Irregular
Added pool-operators tag
Nov 26, 2012 at 7:52 history tweeted twitter.com/#!/StackBitcoin/status/272971112990785536
Nov 26, 2012 at 5:55 comment added David Perry I'm going to leave the work of answering to folks who know more about getwork requests and unsafe value passing, but I'll mention that there are plenty of pools (Eligius being the largest I'm aware of) that accept an address as the username and don't parse passwords at all, then pay out via generated transactions to those addresses. It would be easy to have others mine for a charity at such a pool - you could even mine coins for someone else's address without their permission or intervention as an odd form of tipping, no privkey necessary.
Nov 26, 2012 at 5:43 history asked ConstableJoe CC BY-SA 3.0