Browsing All posts tagged under »mining«

Bitcoin Mining the Punchcard way

May 26, 2015

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Bitcoin mining on punchcards with an IBM 1401 computer. “To mine a block at current difficulty, the IBM 1401 would take about 5×10^14 years (about 40,000 times the current age of the universe). The electricity would cost about 10^18 dollars. And you’d get 25 bitcoins worth about $6000,” he wrote. “Performance was worse than I […]

Mining on a NES

January 10, 2014

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Managed to miss this old one so far – some insane dude got a NES to mine Bitcoin, wtf?