Kevin comments on Singularity Institute now accepts donations via Bitcoin - Less Wrong

14 Post author: Kevin 28 February 2011 04:03PM

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Comment author: imaxwell 16 March 2011 04:47:36AM 4 points [-]

If you want to donate to SIAI, I have an offer that will probably allow you to donate more!

My Radeon 5970 should generate close to 125 BTC per core per month at current difficulty levels. For an up-front fee of 70 BTC (about $60) or more, I will direct one core at the server of your choice (I recommend a pooling service like that at mining.bitcoin.cz) for one calendar month. I will gain the certainty of paying my huge electric bill, and you will gain a better-than-80% expected profit in only a month.

If you're interested in this offer, message me with a bid. Preference will be given to higher bids and to those who plan to donate some or all of their profit to SIAI---the higher the promised donation, the better.

If you're interested but don't know how to set up a mining server, I will walk you through it if your bid is accepted. It's really quite easy.

Comment author: Kevin 16 March 2011 04:56:07AM 0 points [-]

I bid 33 bitcoins and all profits will go to SIAI

Comment author: imaxwell 16 March 2011 03:41:50PM *  0 points [-]

If one other person will make an offer to round out the 70BTC, I can create a new BPM account and handle the distribution myself, returning the principal to Kevin and whomever else and sending the rest to SIAI.

Edited to point out: a higher bid will still win.

Comment author: Kevin 17 March 2011 09:01:15AM 0 points [-]

34 bitcoins.

Comment author: Kevin 19 November 2013 02:40:55PM 3 points [-]

We should have done this! How'd it go for you?