Best algorithm to test if a linked list has a cycle

Have two pointers iterating through the list; make one iterate through at twice the speed of the other, and compare their positions at each step. Off the top of my head, something like:

node* tortoise(begin), * hare(begin);
while(hare = hare->next)
{
    if(hare == tortoise) { throw std::logic_error("There's a cycle"); }
    hare = hare->next;
    if(hare == tortoise) { throw std::logic_error("There's a cycle"); }
    tortoise = tortoise->next;
}

O(n), which is as good as you can get.