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420 (OP)
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November 29, 2012, 07:05:00 AM
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What was the price of bitcoin when/beginning of mass gpu mining adoption?

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November 29, 2012, 08:14:05 AM
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Around $0.7 or so, if I remember right.

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November 29, 2012, 08:29:30 AM
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Around $0.7 or so, if I remember right.

early 2011?

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November 29, 2012, 08:38:26 AM
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Around $0.7 or so, if I remember right.

early 2011?
Late 2010.

I'm not sure what is considered "mass adoption", but the price was around $0.10 when the first free/open source OpenCL miner was released that enabled widespread mining with ATI GPUs. https://bitcointalk.org/index.php?topic=1334.0  I remember having a few % of the network hashrate with 2 5970s.

Before this, there was a publicly available CUDA (and maybe OpenCL too) miner that sent 5 btc from every block to puddinpop, the creator of the software.  I think the price was around $0.06 then.

This in no way implies that there will be an increase in price when ASICs start mining, if that is why you were asking Smiley

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November 29, 2012, 08:43:15 AM
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Around $0.7 or so, if I remember right.

early 2011?
Late 2010.

I'm not sure what is considered "mass adoption", but the price was around $0.10 when the first free/open source OpenCL miner was released that enabled widespread mining with ATI GPUs. https://bitcointalk.org/index.php?topic=1334.0  I remember having a few % of the network hashrate with 2 5970s.

Before this, there was a publicly available CUDA (and maybe OpenCL too) miner that sent 5 btc from every block to puddinpop, the creator of the software.  I think the price was around $0.06 then.

This in no way implies that there will be an increase in price when ASICs start mining, if that is why you were asking Smiley

oh I am fairly certain there will be an increase in price

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