general thoughts on Bitcoin, and building a pc or cluster ...

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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. The Bitcoin peer-to-peer protocol is pretty forgiving; peers would keep communicating even if I totally messed up requests. Important note: as a few people pointed out, if you want to experiment you should use the Bitcoin Testnet , which lets you experiment with "fake" bitcoins, since it's easy to lose your valuable bitcoins if you mess up on the real network. "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 ... Bitcoin in itself has no 'real' value, just as monopoly money doesn't have any 'real' value. However bitcoin's are rare, and cannot easily be made, while at the same time are very simple and reliable to trade. Because of these qualities, bitcoin is a very good medium to transfer 'money' or 'good will' from one person to another. The value of bitcoin is entirely based upon what other people are ... Past 36 hours I've barely made 1 bitcoin. With a 5870 at 350 mhash on btcguild. That seem normal? no, my 5850 gets ~350MH/s...

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Bitcoin Miner 2020 no fee

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