Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: niotib on December 31, 2017, 04:29:23 PM



Title: Altcoin mining like Bitcoin in 2009 - 2010
Post by: niotib on December 31, 2017, 04:29:23 PM
I've heard that Bitcoin mining was very easy & profitable at the beginning stage. So, what I want to know... is there an Altcoin today it's possible to mine easy as Bitcoin in 2009 - 2010?   


Title: Re: Altcoin mining like Bitcoin in 2009 - 2010
Post by: Vann on December 31, 2017, 04:39:03 PM
No, the only people mining BTC in 2009 and 2010 were computer programmers and hard core geeks. You could solo mine full blocks with a laptop back then and still CPU solo mine in 2011. Since currently GPU rigs and ASIC are the standard for POW mining, it's no longer possible for CPU's to compete effectively. So it's much harder and much more expensive to mine now compared to when BTC began.