Bitcoin Forum
March 19, 2024, 04:52:57 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How many people/GPU's would have to pool together to generate a BTC address  (Read 1438 times)
mistercoin (OP)
Legendary
*
Offline Offline

Activity: 1038
Merit: 1000


https://r.honeygain.me/XEDDM2B07C


View Profile WWW
January 25, 2015, 02:26:30 PM
 #1

A thought has been eating away at me, and my mind is finding it hard to fathom just how strong BTC keys are, cryptographically speaking.

If users put together a distributed computing platform, whereby everyone pooled their GPU and CPU power together like Folding@Home or BOINC, how many of us, assuming we all had an AMD R9 290 each, would it take to generate 1 private key down to the last letter.

I know by experience that even small computations with Vanitygen, can take a VERY long time, and even 1 letter extras can add days or or more to the length.

So, how much power would the world need to combine to generate just 1, full length BTC address?

I am guessing the power needed would be absolutely mind-numbing.

"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1710823977
Hero Member
*
Offline Offline

Posts: 1710823977

View Profile Personal Message (Offline)

Ignore
1710823977
Reply with quote  #2

1710823977
Report to moderator
1710823977
Hero Member
*
Offline Offline

Posts: 1710823977

View Profile Personal Message (Offline)

Ignore
1710823977
Reply with quote  #2

1710823977
Report to moderator
Syke
Legendary
*
Offline Offline

Activity: 3878
Merit: 1190


View Profile
January 27, 2015, 06:26:26 AM
 #2

I am guessing the power needed would be absolutely mind-numbing.

Beyond any human's comprehension...


Buy & Hold
sidehack
Legendary
*
Offline Offline

Activity: 3304
Merit: 1838

Curmudgeonly hardware guy


View Profile
February 01, 2015, 03:33:38 AM
 #3

Best thing about the modern high-speed internet? That we don't even care about using 426KB of digital data payload to convey 1.4KB worth of actual information.

Cool, quiet and up to 1TH pod miner, on sale now!
Currently in development - 200+GH USB stick; 6TH volt-adjustable S1/3/5 upgrade kit
Server PSU interface boards and cables. USB and small-scale miners. Hardware hosting, advice and odd-jobs. Supporting the home miner community since 2013 - http://www.gekkoscience.com
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!