What are the odds i could mine a bitcoin by solving the problem by hand with good old fashioned pen paper and calculator? then use my new 12.5 btc to buy mining gear
How hard would it be to convert a private key to public key by hand?
I've seen examples of Bitcoin mining by hand, but how much harder would it be to do this conversion? Seems like it could be a pretty secure operation combined with a few dice. Maybe even the use of a graphing calculator might be reasonable.
12-29 09:22 - 'Does it bother folks that 81% of mining in concentrated in China, where the govt. has its hands in every business ?' (self.Bitcoin) by /u/otomakansotas removed from /r/Bitcoin within 405-415min
Why no one is speaking about Bitcoin gold fork? Is it a great idea to replace power in hands of people.. mining done by gpu instead of asic ... then less centralization for big miner player like bitmain,... /r/Bitcoin
Roger Ver: Support a free market by handing over your hashpower to the largest mining pool in the network. Oh and we might choose force you into mining a different coin to win our hashwars. /r/Bitcoin
10-05 06:42 - 'Why no one is speaking about Bitcoin gold fork? Is it a great idea to replace power in hands of people.. mining done by gpu instead of asic ... then less centralization for big miner player like bitmain,...' (self.Bitcoin) by /u/thegeneralscar removed from /r/Bitcoin within 37-47min
06-21 19:02 - 'That's the spirit, comrade! All those miners who lay their fat capitalist hands on the means of production - the mining equipment? Let us deprive them of it! Block production will be in the hands of the proletariat once aga...' by /u/Spamson_Mao removed from /r/Bitcoin within 78-88min
''' That's the spirit, comrade! All those miners who lay their fat capitalist hands on the means of production - the mining equipment? Let us deprive them of it! Block production will be in the hands of the proletariat once again! Everyone will be able to produce blocks! The economics work out. Experts agree. Let's work together for Bitcoin's bright communist future! ''' Context Link Go1dfish undelete link unreddit undelete link Author: Spamson_Mao
10-15 13:17 - 'I've been working with institutions since leaving the mining side, and hands down Robleh is the most clued up guy from any corporate financial institution or government body i've met. The guy has gone above and beyond to...' by /u/bitcoin-o-rama removed from /r/Bitcoin within 44-49min
''' I've been working with institutions since leaving the mining side, and hands down Robleh is the most clued up guy from any corporate financial institution or government body i've met. The guy has gone above and beyond to get his head around Bitcoin. His papers are excellent and the reason the Bank of England are miles ahead of the US Fed and JP Morgan etc. I'd actually go as far to say he's the only person in corporate i've met so far that gets Bitcoin. He has a genuine interest in the subject. MiT media lab has done very well to get him and i'm super impressed that Robleh has bailed on fiat. It's a classic example of someone seeing the light, potential and not selling out their soul for a paycheck. ''' Context Link Go1dfish undelete link unreddit undelete link Author: bitcoin-o-rama
Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms. Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020. For example, as of 2019, Genesis offers a 2-year Bitcoin mining contract for $50, which gets you 1 TH/s (1 Tera hash per second, or 1,000,000,000,000 hashes per second). This sounds like a lot, but it's unlikely that you'd do much more than break even in 2 years on such a small plan. At the other end of the spectrum, you could get a 5-year ... Mining bitcoin by hand. Mining bitcoin by hand. 16 December 2014 Jamie McCormick. I came across a very interesting post on Reddit the other day. My wife is really good at maths (having studied physics) and we have long argued about bitcoin, and what it’s doing. But despite evenings looking for a simple way of showing how the bitcoin algorithm ... Hands Free Bitcoin; the easiest way to mine your own bitcoin. The first Plug and Play Asic Miner. The Hands Free Bit Kit does all the mining with no set up. Mining bitcoins by hand Clive Thompson 9:01 am Wed Jan 10, 2018 Ken Shirriff decided to mine bitcoins by hand , to illustrate what cryptocurrency math looks like in practice.
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