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Author Topic: bitcoin history question  (Read 674 times)
jonnynogood
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June 11, 2011, 11:12:53 PM
 #1

what happened in march of 2011?  there is a big spike in the hashing power then a dropoff then a difficulty decrease.

when were graphics card miners written?

when were pools created?


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Anonymous
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June 11, 2011, 11:16:32 PM
 #2

Graphics card miners used to be completely trade secret. Only one individual or so was GPU mining; however, eventually the Promethean power of market forces gave it to everybody.
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June 11, 2011, 11:19:14 PM
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Graphics card miners used to be completely trade secret. Only one individual or so was GPU mining; however, eventually the Promethean power of market forces gave it to everybody.

It should be noted that the guy who could gpu mine made several orders of magnitude more than anyone else bitcoin mining because of this (which is likely a reason for the recent crash). Hashing is so inefficient on cpus it's unreal.
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