Casascius didn't seem that concerned about the 50 bitcoin at the time. I think he was more interested in seeing PLATO's road trip succeed and the PR it would bring. Back during simpler times.

billytheked

they go into his house to check out his mining rigs and they even hit a block, which gets donated to the trip.

one thing I like about how mining works is that such a donation doesn't affect the miner's chance of finding subsequent blocks!

it is however quite weird to wrap your intuition around that kind of luck's effect... I guess the key for fixing my intuition is that while expected profit is unaltered, obviously the retrospective actual profit is one block lower; and I just need to remember that "expected profit" is truly not a part of the physical world and only some mumbo jumbo spat out by mining calculators.

the_stacker_muse

bitcoin

history

[HM] Adventures of PLATO: The World's First Bitcoin Road Trip

> they go into his house to check out his mining rigs and they even hit a block, which gets donated to the trip.

one thing I like about how mining works is that such a donation doesn't affect the miner's chance of finding subsequent blocks!

it is however quite weird to wrap your intuition around that kind of luck's effect... I guess the key for fixing my intuition is that while expected profit is unaltered, obviously the retrospective actual profit is one block lower; and I just need to remember that "expected profit" is truly not a part of the physical world and only some mumbo jumbo spat out by mining calculators.