Title: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: bitcoincasino.info on May 26, 2015, 03:03:45 PM http://bitcoincasino.info/wp-content/uploads/2015/05/bitcoin-ibm.jpg (http://bitcoincasino.info/bitcoin-casino-news/possible-mine-bitcoins-bulky-1960s-ibm-computer/) Ken Shirriff, an electronics engineer and tech blogger, tried to mine a BTC block using a bit antediluvian IBM computer originating from the 1960s. Was it successful? - Read more HERE (http://bitcoincasino.info/bitcoin-casino-news/possible-mine-bitcoins-bulky-1960s-ibm-computer/) Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: Amph on May 26, 2015, 03:35:30 PM about 500.000.000.000.000 years, or about 40.000 times of the current age of our universe to solve just 1 Bitcoin block
yeah if the diff remain the same, not to mention that those old computers are everything but efficient in electricity terms Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: dothebeats on May 26, 2015, 03:38:41 PM Quote "Metaphorically saying, the 80 seconds that took the machine to solve the algorithm and process one single hash is just ages by present standards.." Well at least it could solve it, but who would bother mining with a machine that came out several decades ago? I wonder how many bitcoins could it produce if the difficulty is set to 0. ??? Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: GenTarkin on May 26, 2015, 03:58:30 PM Quote "Metaphorically saying, the 80 seconds that took the machine to solve the algorithm and process one single hash is just ages by present standards.." Well at least it could solve it, but who would bother mining with a machine that came out several decades ago? I wonder how many bitcoins could it produce if the difficulty is set to 0. ??? If diff was 0 then every hash would be a block ... afaik Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: hayabusa911 on May 26, 2015, 04:11:23 PM Thank you for the laugh! I'm at work having a crap day and you just made it a little better. :D
Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: runpaint on May 26, 2015, 06:25:35 PM I prefer the graphics on the 1960s IBM machines, because they didn't use blurry anti-aliasing like modern video games. They also didn't use monitors, so there was 0% image distortion.
Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: jaberwock on May 26, 2015, 06:28:30 PM Why not attach some ASICs in the computer and outrun most of the recent computers that have no ASICs attached to them?
Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: dothebeats on May 26, 2015, 06:33:06 PM Why not attach some ASICs in the computer and outrun most of the recent computers that have no ASICs attached to them? The slots on that computer couldn't even fit to some of the wires on ASICS :v Also, the experiment was focused on mining with that computer alone without any mining hardware attached. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: iram91445 on May 26, 2015, 06:36:40 PM http://bitcoincasino.info/wp-content/uploads/2015/05/bitcoin-ibm.jpg (http://bitcoincasino.info/bitcoin-casino-news/possible-mine-bitcoins-bulky-1960s-ibm-computer/) Ken Shirriff, an electronics engineer and tech blogger, tried to mine a BTC block using a bit antediluvian IBM computer originating from the 1960s. Was it successful? - Read more HERE (http://bitcoincasino.info/bitcoin-casino-news/possible-mine-bitcoins-bulky-1960s-ibm-computer/) Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: dothebeats on May 26, 2015, 06:43:27 PM one of the most interesting reads i have ever read, they could try to mine bitcoins with nasa computers too and check how fast would hey be They could've done it, only if they have access to it. ;) Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: tvbcof on May 26, 2015, 06:43:45 PM My guess before reading the article was 'yes'. Someone did the exercise of doing a hash by hand so I figured that it could be done on an old mainframe. I figured that some of the intermediates might need to go to tape and it would be awfully slow, but I did not anticipate it being this slow. Of course it would be intuitively obvious that mining on an old mainframe would very nearly as pointless as mining with a pencil and paper. An interesting (and not very useful) artifact of some of the old mainframe designs (using core memory) is that they can be unplugged mid-computation then put in a basement for 20 years, then powered back up and continue where they left off. I think the PDP-8 was one of these, though it was, arguably, not a 'mainframe'. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: commandrix on May 26, 2015, 06:45:53 PM Possible? Yes. Practical? No. Amusing? Most definitely.
Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: ticoti on May 26, 2015, 06:46:37 PM I think you can mine bitcoin with every computer system,the point is the time you are going to spend to solve just one block
Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: galbros on May 26, 2015, 06:53:41 PM I think you can mine bitcoin with every computer system,the point is the time you are going to spend to solve just one block Exactly! You can mine, it just doesn't make any sense. Sort of like that 21.co organization that wants to put ASICs in everyone's cellphones to mine bitcoin. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: EternalWingsofGod on May 26, 2015, 11:13:14 PM This was a pretty cool experiment
According to Shirriff, the historical computer is fully capable of mining the cryptocurrency, ‘but so slowly it would take more than the lifetime of the universe to successfully mine a block’. If it ever did strike a block solo mining it still would time out if it had the lifetime of the universe to mine it ha-ha thanks for sharing needed a laugh. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: melody82 on May 27, 2015, 02:16:34 AM This is the coolest thing I have seen all day. It might not be efficient but man that computer looks awesome. I want one! I just have to figure out where to put it.
Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: BTCjust on May 27, 2015, 02:31:54 AM interesting idea ::) , I wonder if anyone has done this experiment
Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: fryarminer on May 27, 2015, 04:23:21 AM You know, (only) from the photo it doesn't look much different than a high-end mining facility!
Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: Amph on May 27, 2015, 06:42:55 AM I think you can mine bitcoin with every computer system,the point is the time you are going to spend to solve just one block Exactly! You can mine, it just doesn't make any sense. Sort of like that 21.co organization that wants to put ASICs in everyone's cellphones to mine bitcoin. which won't change too much, because cellphone can already mine, with their quadcore, and there isn't the problem of electricity Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: solitude on May 27, 2015, 06:50:25 AM Sorry bud, you ain't getting me to click on your clickbait bullshit link
Just be happy a man of my intelligence decided to reply to this bullshit thread. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: Light on May 27, 2015, 06:53:35 AM According to Shirriff, the historical computer is fully capable of mining the cryptocurrency, ‘but so slowly it would take more than the lifetime of the universe to successfully mine a block’. Technically anything (including you and I by hand) that is capable of hashing in a given amount of time would be able to solve a block and earn a reward. It's just that statistically it's so unlikely to occur that you wouldn't even bother with such a thing. That being said, it is amusing to see a relative relic of technology used to demonstrate how far computing power has actually come in the short space of 50 years. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: solitude on May 27, 2015, 06:54:02 AM which won't change too much, because cellphone can already mine, with their quadcore, and there isn't the problem of electricity I see you posting in nearly every thread. Your english sucks Your opinions are always the same bullshit Your bullshit signature campaign is the only reason you spam this forum day and night for your extra dollar in BTC Why don't you get the fuck out of here, your posts are worthless. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: louise123 on May 27, 2015, 07:06:10 AM about 500.000.000.000.000 years, or about 40.000 times of the current age of our universe to solve just 1 Bitcoin block yeah if the diff remain the same, not to mention that those old computers are everything but efficient in electricity terms Well, he could create his own Bitcoin clone and try and mine that :P Then he might be able to mine for "Bitcoin" or whatever it will be. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: fryarminer on May 27, 2015, 12:21:15 PM Possible? Yes. Practical? No. Amusing? Most definitely. Thinking of it.. What else can be done with a museum ancient computer? You're not gonna use it to write a letter..! You'd use it for these kinds of experiments. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: fryarminer on May 27, 2015, 12:25:12 PM which won't change too much, because cellphone can already mine, with their quadcore, and there isn't the problem of electricity I see you posting in nearly every thread. Your english sucks Your opinions are always the same bullshit Your bullshit signature campaign is the only reason you spam this forum day and night for your extra dollar in BTC Why don't you get the fuck out of here, your posts are worthless. Sorry bud, you ain't getting me to click on your clickbait bullshit link Just be happy a man of my intelligence decided to reply to this bullshit thread. You having a bad day bro? Btw the link was not bullshit - it was the full article. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: tvbcof on May 27, 2015, 10:02:40 PM I would be highly impressed by (the uselessness of) a mechanical sha256 hashing engine along the lines of Babbage's (https://www.youtube.com/watch?v=Lcedn6fxgS0) work. Perhaps if Bitcoin reaches $10,000,000.00 per I'll commission such a thing. 2015 dollars of course. Title: Re: Is it possible to mine bitcoins on a bulky 1960’s IBM computer? Post by: XCASH on May 28, 2015, 12:36:10 AM According to Shirriff, the historical computer is fully capable of mining the cryptocurrency, ‘but so slowly it would take more than the lifetime of the universe to successfully mine a block’. Technically anything (including you and I by hand) that is capable of hashing in a given amount of time would be able to solve a block and earn a reward. It's just that statistically it's so unlikely to occur that you wouldn't even bother with such a thing. That being said, it is amusing to see a relative relic of technology used to demonstrate how far computing power has actually come in the short space of 50 years. Somebody posted a tutorial on how to use a raspberry pi to run a full Bitcoin node. I would wager the raspberry would be capable of mining a block before that antique. Probably only half the lifetime of the universe. I wonder how many of those antique computers you would need to match the processing power of a raspberry. |