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I sold 13 BTC in 2015 on account of my divorce, now I wish I would have been a little less honest with the court about my assets... For f*@ks sake I had to explain to the mediator what it was and how it worked. I should have told them I was all in on my RonPaulCoin and AnonCoin while conveniently forgetting to tell them about Bitcoin. 😂. I doubt either of them still exist as a functioning blockchain and my poor bitcoins that I had mined mostly with my own GPU rig from 2012 to 2014 when I was spending more on electricity than I was making in return, despite joining a pool... Certainly it would have been easy to hide back then, especally since I had mined most of it or made profit from a certain defunct bazaar on the Internet. Could have, should have, would have! Now I am stacking Sats instead of coins. 😆 I also regret my $100,000 hard drive every time I see it, was from Overstock.com and cost me 1 BTC in 2015. 🥹
Yo frens, supply shock is real AF , whales scooping BTC off exchanges like it’s Black Friday. 🚨 Once BTC rips past 130k, alts gonna go parabolic, don’t get caught sleepin’. 👀 Two alts I’m loading bags on: 1. RNDR (Render) – AI + GPU power narrative is strong, and this thing moves like a beast in bull cycles. 2. FET (Fetch.AI) – Merging with Ocean + Singularity for the $ASI token? That’s major alpha, AI season ain’t over yet. 🔮 Strap in, we’re just getting started. 🚀
Thinking I was secure. Been in the space since I could mine BTC on a GPU. A couple weeks ago, my wallet was fucken cleaned out. My tin foil hate was large… but not large enough. Everything I worked for was stolen and I only have my self to blame.
Choosing to do SETI @ HOME over Bitcoin back when you could run it off a CPU/GPU.
This “bull” feels quiet because most of the action is under the hood, protocol upgrades, node deployments, and tool releases. We’re seeing real accumulation in Chainlink for oracle adoption, Render for GPU compute, and Fetch .ai for on-chain agents. Ocean Protocol’s Compute-to-Data network just hit 1.5 million nodes, and they’ve rolled out Data NFT v2 with royalty hooks. When infrastructure compounds quietly, it sets the stage for bigger moves down the line.
100% quantum proof? That's not a consensus issue, that's about signature schemes,it still uses ECDSA same as BTC, so no QR there. Hyperscale with no wallet upgrades? Where's the proof on that? The current GhostDAG doesn't scale globally without centralisation trade-offs, esp. factoring in latency sensitive propagation - All these claims about solving the trilemma are a bit dubious imo. Anyway, GPU mining is becoming more centralised due to economies of scale, just like BTC and ASICS. Your fast block rates increase bandwidth /syncing requirements favouring the big players with mega infrastructure - increasing centralisation... It promises a lot, but I'll wait until this DAG Knight is deployed/audited ....Is it in testnet?
Lol! Kaspa devs really said "what if Bitcoin, but with a DAG and none of the adoption?" Quickest PoW? Congrats, you made high-speed irrelevance. "Carbon-positive"? Maybe if your GPUs run on unicorn farts. Still no privacy, по smart contracts, no real usage just another coin chasing buzzwords while pretending it's not just GPU mining with extra steps.
A list of spells that all magical cryptocurrency users should know: 🧙♂️ Bitcurium! Temporarily turns your GPU into a mining rig. May summon the IRS. 💰 Cryptomagica! Creates a digital wallet out of nowhere. RNG decides if it’s cold or hot. ⛽ Gasolinus Reducio! Cuts Ethereum gas fees. Only works when nobody else is trying to use the network. 📉 Dumpus Maxima! Crashes the market. Commonly cast by paper hands and news outlets. 🧤 Apestrongus! Gives you diamond hands. Lasts until your portfolio is -80%. 🚀 Lunacash Ascendio! Sends a coin to the moon. 40% chance it’s a rug pull instead. 🔐 Ledgera Protecta! Shields your cold wallet with ancient decentralized magic. 🐶 Shibarium Revalio! Reveals all meme coins in a 5-mile radius. May cause FOMO. 🐻 Bearus Reverso! Turns a bear market bullish. Cooldown: 4 years. 🧙♀️ Satoshis Apparatus! Summons the ghost of Satoshi to explain what the hell is going on. He just shrugs.
The hash difficulty will be adjusted according to the mining capacity; perhaps a simple GPU will get the job done.
Eth was awesome, you could mine 5 bucks a day with a mid range GPU, it was just awesome. And what did they do? Those greedy fucks switched it to proof of stake, so only the already rich ETH holders would earn all the the money for doing absolutely nothing. And they wonder why no one uses it or holds it when they dump 10s of millions every day.
Today's staking can all be done with a home level computer, I hope that future staking would still be possible to run at home level computer, even a GPU is needed If you separate the roles, then the decentralization will decrease dramatically, like Solana, no one with less than 100 million dollars can run their staking node profitably, similar to that they run a centralized database like Nasdaq
The idea is to have builder/proposer/attestor separation. This provides the most censorship-proof design. The block builder is not the validator, which only attests to the validity of the block. Only the block builders need a GPU or above. Validators only need to verify, and they should be able to do it on a smartphone when the technology is ready.
Dwarfed by people who mined? Pizza guy was the first GPU miner. He's currently a billionaire
Ok then if it ever makes its way to L1, validators would need 4090 level hardware to run staking independently? GPU mining days are back
This right here. I got into mining not necessarily to make money but to understand the tech better and what was going on behind the scenes. I started with an old GPU and quite frankly found it kind of addicting to build my rig and see how far I could push it, mining, different coins and things like that. I also cemented my knowledge on using command line arguments and working with the command line in general.
Been there, done that. We've had mining rigs set up in our basement since about 2018. It will really depend on your GPU etc. Very doubtful you'll have any success at all using an outdated laptop with likely onboard card. I wouldn't even bother . It creates a ton of heat, uses a lot of energy and you'll be competing with the pros for scraps.
Even with a GPU you're about 12 years too late
First, this isn't used by Ethereum L1, at least not until it gets native rollups. L2 zK rollups use it for their sequencers. The prover needs the GPU farm. The validator does not. They use ZK protocols where the proof is difficult to create but very easy to validate.
They use ZK protocols where the proof is difficult to create but very easy to validate. It's like kind of like Bitcoin mining where it costs $150k of energy to find a valid block but only costs $0.01 to prove that the block is valid. This is also specifically for zK proofs, which currently isn't used by Ethereum L1. L2 zK rollups use it for their sequencers. The prover needs the GPU farm. The validator does not. Ethereum devs are investigating using native rollups to compress its own L1 transactions using zK proofs for a 20x-50x increase in throughput. But that's years away.
"For context, existing setups require 50–160 GPUs to achieve a 12-second proof, depending on block size." So the current setup is only viable for GPU farms, then how does each ETH staking nodes require so little hardware spec today?
Even when I was mining in 2010 the returns were closer to 1-2 BTC per month for GPU mining. It still was really hardly worth it because you could just buy 2 BTC for $6
Man who ever told you that was dumb. That was peak GPU mining. ASICs were just starting to drop.
Looks like smart money is buying the dip while retail fears the next crash. Whales aren’t just stacking Bitcoin, they’re loading up on LINK for oracle demand, RNDR for GPU compute, and FET for AI agents. I’ve also quietly added ocean protocol as its node network tops 1.5 million and Compute-to-Data tools gain traction. When infrastructure projects catch a bid, the broader market usually follows.
Putting $450K of retirement money into a single crypto is a huge red flag. Staking ATOM carries slashing risk, variable yields, and no principal protection if prices tank. Better to cap crypto exposure at under 5%, diversify across low-cost funds or bonds, and preserve liquidity. Better to cap crypto at a small percentage, diversify into Link for oracles and RNDR for GPU compute, and keep plenty of safe, liquid assets. Encourage your friend to consult a certified financial planner before moving parents’ nest egg into any volatile asset.
Quiet consolidation often points to smart money accumulation. Exchange balances are down while long-term holders keep stacking, and on-chain data shows whales quietly adding near these levels. I’m watching LINK for oracle demand, RNDR as GPU grids scale, FET for AI agent use, and Ocean Protocol for its growing node network and compute-to-data tools. When rotation back to alts happens, projects with live infrastructure tend to lead.That’s where the next real breakout could come from.
Meme coins spike on viral hype and easy entry, driving fast but unstable gains . Utility tokens grow with real adoption, think oracles, GPU networks, and smart-contract marketplaces. Chainlink, Render, and Fetch are moving slower but with solid on-chain usage. Ocean Protocol is quietly deploying over 1.5 million nodes, rolling out Compute-to-Data tooling, and launching Data NFTs with automated royalties. When capital rotates back to fundamentals, projects that ship real infrastructure almost always lead the next leg up.
You're absolutely right — realistically, scanning such huge ranges on a phone isn't practical. Mobile apps like mine are more for learning, experimentation, and exploring how keyhunt-style scanning works. In real-world puzzle-solving, tools like KeyHunt (CPU-based) or BitCrack (CUDA/GPU-based) on desktops are statistically far more capable. **For example:** 📱 Xiaomi Mi 8 Lite → \~100 keys/second 📱 Poco X3 Pro → around 3–4× faster than that (\~300–400 keys/second) On a modern PC with proper GPU support, you can easily reach millions of keys per second. So yeah — the mobile version isn’t for serious cracking, but it helps visualize and test ideas while on the go But hey — maybe you're just *really* lucky 🍀 Might be worth a try, right?
Yeah, BTC dominance looks brutal right now. Most alts are back at 2022 levels or worse. That said, I’m not looking for hype right now, just projects actually delivering. BTC dominance climbing usually drains alts, especially those without real traction. Still holding LINK for oracles, RNDR on GPU demand, and FET post-ASI merge. OCEAN is a quiet builder, 1.4M+ nodes, compute-to-data tools, and real AI prediction use. if rotation comes, I’m betting on infrastructure over hype.
I totally get where you're coming from, this market can feel relentless when dips keep dipping. First things first, consider reallocating rather than exiting. BTC and ETH still feel like the core plays for store of value and smart contracts. SOL and LINK have upside, but they tend to bleed hard when things go sideways. I’ve been quietly adding $OCEAN lately, 1.4M+ nodes live, free VS Code compute-to-data plugin just dropped, and GPU partners like NetMind and Aethir are backing it.
Fun fact. He was asked by Satoshi himself to spend some. He was the first person to mine with a GPU. He had more than enough and probably is living very comfortably.
Government assistance may be paying out in Render tokens. Simulate your way through a GPU maze only to find out that the minimum system requirements are a striped array of RTX 5090s to claim the opportunity to receive the food stamps. So instead of talking to the state department, we just go pan handle next to the grocery store.
Back in 2017 when I couldn’t find a GPU. I looked into why and found out people were mining Bitcoin with them and I thought about that for a while.
That post is extremely misleading Super-computer are general-purpose CPU/GPU that can do many kind of theoretical calculation while the BTC network is only composed of rig incapable of doing anything besides computing the SHA256 hash of a string Your chart compares two completely different things
In reality you can do like 1 billion addresses per second on a decent GPU, which would take you like 62 years but with hardware advancement you'd be able to crack it within 15 years, and it gets much easier if you remember the 1st 3 or so words
That dude developed GPU mining of Bitcoin and did the 10,000 thing many times over... Around 70,000 Bitcoin... He had mined so much Bitcoin that Satoshi was bothered about it and as such Laszlo did some heavy spending... Redistribution so to speak... Pizza guy was on a very short list of top Bitcoin people back then. He knew the significance and documented it. He certainly didn't realize the future value significance! He is largely credited for having started some frame of reference of value for Bitcoin! Beyond expanding from CPU mining.
I mined with my GPU with no problem, didn't take anything other than electricity, so I'd probably do something like this. If you could offer rates higher than the electricity cost, an easy way to automate or schedule usage, and streamlined payments, I think I'd try it.
Could be interesting; a lot like [Render](https://rendernetwork.com/), which attempts to decentralize GPU processing for 3D rendering. Now whether it'll catch on, that's another question.
Yeah, and as I said, not with current computer technology in any reasonable time frame. >but it will require an enormous amount of computing power (FPGA/GPU likely) No, generating a 27 letter address would require a breakthrough in quantum computing, at which point it's game over for current BTC address. The average length of a Bitcoin address is only between 26 and 35 characters.
I clearly said it takes exponentially longer (per character) and is dependent on computing power; nothing you said contradicts what I stated. I think you're misunderstanding this because it's a Tron address but you absolutely can generate that vanity address, but it will require an enormous amount of computing power (FPGA/GPU likely). Yes, generating an address with 27 letters is hard but it's still many orders of magnitude easier than reproducing someone else's address
There were already ASIC miners back then, so GPU were not that effective at mining. I was gaining a fraction of a BTC daily, it took me 4-5 months to mine an entire one. You can believe what you want, I am not seeking for validation of my comments 🙏
I never bought a whole coin in one purchase, I stacked sats for a while and built up my stash via GPU mining, mostly on NiceHash, and took the pay in BTC. Most of the money I made off NiceHash I wasted on crapcoins or scams.
Good answer and especially the GPU world is hard with little to no margin also because of hardware degradation
I cant find any tool that can check passwords with GPU. I use btcrecover but it use CPU and its very slow 1000 p/s. The GPU option in btcrecover doesnt work for me/my wallet. Any suggestion for gpu tool besides hashcat?
It isn’t. But I’m saying AI requires an insane amount of GPU. Providing GPU to run this crazy AI world we are entering into requires infrastructure to sustain it. So *you* not needing rendering from your own perspective does not mean that the system you utilize does not need it.
They are not coming from GPU rendering in people's homes if that's what you think
Crazy to think my GPU can do nearly 1 billion keys per second but that would still take years. Using https://github.com/brichard19/BitCrack To attack the addresses with public key revealed you need a lot of RAM but this works https://github.com/albertobsd/keyhunt using the baby steps giant steps algorithm I believe
Numerous companies are exploring & integrating Ethereum into their operations, particularly through the use of NFTs, Real World Assets (RWAs) & layer-2 solutions. Some major examples include: Financial Institutions: Blackrock: Launched the USD Institutional Digital Liquidity Fund (BUIDL) on Ethereum, expanding to multiple Ethereum Layer-2s for wider access. JPMorgan: Utilizes a version of Enterprise Ethereum for its inter-bank payment network, JPM Coin. UBS: Launched a Money Market investment fund token ("uMINT") on Ethereum. Deutsche Bank: Developing a layer-2 blockchain on Ethereum for increased scalability & interoperability. Visa: Using Ethereum for settlement processes with correspondent banks. Visa also offers the Visa Tokenized Asset Platform (VTAP) to facilitate the issuance of fiat-backed tokens on Ethereum. PayPal: Launched its stablecoin, PYUSD, on Ethereum, later expanding to Solana. Robinhood: Launched its dollar-pegged stablecoin, USDG, on Ethereum. Coinbase: Offers a wallet and operates Base, an optimistic rollup on Ethereum. Gaming & Entertainment: Atari: Deployed classic games "Asteroids" & "Breakout" on Base, an Ethereum rollup, featuring in-game rewards & NFTs. Lamborghini: Collaborated with Animoca Brands for "FastForWorld," a digital collectible platform on Base, allowing users to buy, sell & drive virtual Lamborghini cars in games. Lotte Group: Partnered with the Arbitrum Foundation to build the "Caliverse," a metaverse gaming platform, on the Ethereum rollup Arbitrum. Sony: Launched its own rollup, Soneium, using the OP tech stack on Ethereum, aiming to support a broader ecosystem of gaming, finance & entertainment apps. Square Enix & Ubisoft: Exploring blockchain integration in their games. Immutable X & Polygon: Popular platforms for NFT games due to their low fees & developer support. Ticketmaster: Using NFT tickets for events. Starbucks: Has a loyalty program utilizing NFT stamps. Other Industries: Microsoft: Integrated Enterprise Ethereum into its cloud services & collaborates with companies like LVMH for supply chain solutions. Samsung: Investigating supply chain management & product authentication using Ethereum. Ernst & Young (EY): Developed blockchain-based solutions on Enterprise Ethereum, such as the Blockchain Analyzer for managing & auditing transactions. FedEx: Exploring Ethereum for shipment tracking & improved supply chain logistics. Covantis: Working with major players in the commodities industry to improve trade processes using Enterprise Ethereum. Louis Vuitton & Adidas: Fashion brands that have built products & services on Ethereum or Ethereum Layer-2s. Ondo Finance: Tokenizing US Treasuries on the blockchain. Centrifuge & Securitize: Platforms focused on tokenizing real-world assets. Render Network: Connecting creators with idle GPU resources for rendering services using blockchain incentives.
It felt like that haha :-D my GPU (gtx 1060) kept overheating too, even after taking the case shroud off and putting a desk fan on it..
If you're open to low caps, look into GPU and NEURAL. They're setting up for higher lows with respect to the tariffs crash bottom. These can pump into the few billion market cap with product adoption and QE. They recently bottomed around 20 million market cap. One hosts GPU processing power for lending and rental. They're about to ramp up available GPUs and onboard clients who have the need for computing power. Neural uses AI to create 3D assets for NFTs and games.
you buy bitcoin, i buy bitcoin, my unborn baby buys bitcoin through ultrasound WiFi, jesus buys bitcoin and turns water into blockchain, santa replaces coal with sats, the tooth fairy pays out in lightning network, shrek mines bitcoin in his swamp with an ogre GPU, and spongebob flips krabby patties for satoshis, a pigeon trades seeds for bitcoin on Binance, my toaster beeps “bullish!” every time it pops, my calculator refuses math unless it’s crypto-related, and my smart fridge DMs Vitalik for tips, elon musk tweets "bitcoin cured my hiccups", NASA halts Mars mission to check BTC charts, time travelers come back to 2010 just to say “BUY,” my pet rock refuses to be touched unless paid in BTC, i sneezed, and my sneeze bought bitcoin, i blinked, and it shorted ethereum, i farted, and gas fees dropped to zero, bitcoin becomes sentient, runs for president, wins in a landslide, and makes fiat illegal on Tuesdays.
Another big one is the Bitcoin Pizza gu, who basically invented GPU mining and the whole world thinks he's a broke idiot because of one picture where he is in a small house showing his pizzas. The guy mined like 100,000 BTC and the world thinks he's broke and doesn't know his name. Dude is a billionaire. This is the way.
I bought a GPU from them three years ago and was considering buying again. Thank you, it's good to know
For you fiat isn't just numbers on a screen? What's your GPU??
Quantum computing questions are asked constantly. The answers have been given more than 1000 times. The other subreddit deletes such repetitive posts There's no such thing as Satoshi's wallet There are some amount more than 20,000 **unspent 50BTC mining reward TXOs (coins)** from the early days of Bitcoin. Every one of these coins has a different address. This means they could be in 20,000 different wallets. The early mined coins have a public key as an address. Satoshi enhanced Bitcoin to allow addresses to be a hash of a public key very early. But the mining code was not modified to use these public key hash (PKH) addresses until new mining code was developed for GPU mining (also for pooled mining around the same time) In theory, the Shor algorithm allows discovery of a private key form a public key in "polynomial time" if a reliable and powerful quantum computer is ever created (very unlikely). This makes those old public key addresses vulnerable Hashed addresses are not vulnerable. The Grover algorithm allows a QC to reverse a hash in quadratic time - only a slight speedup, allows 2^128 of brute force for a 256-bit hash, not a risk to Bitcoin If a reliable and powerful quantum computer ever exists, and if those 20,000 50BTC coins are still unspent, Shor's algorithm will allow them to be spent Recently, a speculative proposal to make QC vulnerable Bitcoin coins unspendable was submitted to the Bitcoin GitHub. The person who wrote the proposal has a very weak understanding of the way Bitcoin works - doesn't understand that addresses are not accounts, which would make it very complicated to mark addresses as unspendable, and very cumbersome to mark thousands of individual UTXOs as unspendable. The proposal mainly focuses on an administrative mechanism - defining a long amnesty period during which coin owners can move their Bitcoin before the coins become unspendable https://github.com/chucrut/bips/blob/master/bip-xxxxx.md It's labeled as "Address Migration Protocol" but it's not migrating addresses. It's giving a limited time to owners of unspent coins to spend them. When the time expires, the coins become unspendable. It's really a mandatory burn proposal > How will those wallets be updated? The Bitcoin blockchain has no information about wallets. It only stores transactions > Will an update even be required? Not required If the long-unspent coins become able to be spent by Shor's QC algorithm, what's the harm in spending them? --- Quantum computing is never going to happen, except as an expensive toy with a few dozen qubits. Shor's algorithm requires millions of qubits https://scottlocklin.wordpress.com/2019/01/15/quantum-computing-as-a-field-is-obvious-bullshit/
You’re off to a good start. Maybe look into Vaulta (ex-EOS), building Web3 banking infra. Also Chainlink for oracles and Render for GPU compute. Real use case stuff.
The hashrate issue, and the fact that you have one pool taking most of the blocks and splitting it between only 144 miners. There are only ~170 miners on the whole network, GPU mining is dead and I'm not sure if evrprogpow is on nicehash, but if so it's a ticking time bomb until 51% attack time. Also the whitepaper mentions zero-conf, I've yet to see a chain actually solve that without relying on a centralized server, or crap like chainlocks. It was interesting digging in more, but the documentation is not good. It doesn't detail hardly anything. Not totally surprised since Tron Black is a horrible writer and likely did it.
Indeed. In 2014 early was before ASIC mining. And in 2013 early was before GPU mining. In trading early is before the previous cycle. Or for newcomers before the rise of the current cycle.
I was in the crypto game in 2014. There are a few things I learned late, that I wish I knew in 2014. I loved the idea of crypto and never planned on selling regardless of the price. Holding wasn't an issue for me. I just mostly held shit instead of gold. 1. BTC has value. Seems dumb now, but back then I wasn't sure. $1k/coin seemed really expensive. So I mined LTC with my video cards since that was considered the "silver version of BTC's gold", then ETH later with the primary goal of getting a string of great GPU's through the years that made a profit and enabled great gaming. This is my BTC pizza. Lambos >>> GPUs. I should have just bought 10 BTC. [https://www.youtube.com/watch?v=cZ-yf61mq30](https://www.youtube.com/watch?v=cZ-yf61mq30) 2. Selling coins for $ is taxable; keep good records. Don't F this up or ignore. IRS doesn't play around. Coinbase and IRS talk to each other. 3. People who care about BTC already do. Don't strain your social connections by trying to talk to people about BTC because they almost always either think you are nuts or are bitter. 4. Sending BTC from coinbase to a wallet can take overnight to show up. At least a couple of sleepless nights for me. Send a small amount first. 5. If buying BTC on an exchange, especially signficant amounts, understand slippage and limit orders. 6. Be educated on how things work before attempting self custody. Coinbase's vault isn't terrible, but ultimately NYKNYC.
I heard that 90% of QUBIC miners are GPU at the moment but there is going to be an algorithm change that favors CPUs which will 10x the hashrate
About 13 years ago, this guy at my work was telling me about how he bought a GPU, and it came with 4 bitcoin. He tried to explain to me what it was, and I thought it was a scam. Fast forward to about a year ago and, after doing a lot of research, decided to purchase BTC in two lump sums that will eventually be part of my retirement (supplementing a government pension plan). You are at a perfect age where if you keep going down your DCA path, you should be just fine in 15 to 20 years. Don't worry about it, stay focused, and keep your eye on the prize. Good luck to all of us!
Vitalik has already gone against Trumps views multiple times and wants nothing to do with him or his party. Now lets be honest, nobody here is for the tech and were all here to make money. Solana or any other chain will jump to kiss the ring and get the mega pump that Eth should receive. Vitalik is to autistic to play ball and needs to get better at public affairs. BTC has Sailor and Eth needs someone to push the narrative forward. The 5k/10k narrative can be real, but Eth really needs someone that can push that narrative to the public. right now "BTC is digital gold" is the easiest sell. For Eth to hit 5k/10k you need to be able to sell it without explaining blockchains and layer2 solutions to the masses. People invest heavily in Nvidia but can not explain what a GPU does or how it differs from a CPU.
Vitalik has already gone against Trumps views multiple times and wants nothing to do with him or his party. Now lets be honest, nobody here is for the tech and were all here to make money. Solana or any other chain will jump to kiss the ring and get the mega pump that Eth should receive. Vitalik is to autistic to play ball and needs to get better at public affairs. BTC has Sailor and Eth needs someone to push the narrative forward. The 5k/10k narrative can be real, but Eth really needs someone that can push that narrative to the public. right now "BTC is digital gold" is the easiest sell. For Eth to hit 5k/10k you need to be able to sell it without explaining blockchains and layer2 solutions to the masses. People invest heavily in Nvidia but can not explain what a GPU does or how it differs from a CPU.
Exactly. The fact that they’re still far from maxing out CPU utilization shows how much untapped potential there is. Once full utilization kicks in — not even counting future CPU inflow or algo tweaks — 500–800 MH/s is absolutely within reach. Add Tari merge mining and potential GPU deployment, and it's clear this could easily go over 50% of Monero's hashrate. It’s not just about mining rewards anymore. At that scale, the influence extends to consensus and long-term network dynamics. Don’t sleep on this.
Sure, here are mine. 4 years of research ... ALTURA - gaming and gaming NFTs Saucerswap - hbar dex Heart (humans.ai) - big project, AI agents, big team Weex- up and coming CEX token, think BNB Seedify - ido launchpad and gaming Quickswop- polygon dex GPU - Node AI, GPU farming PAAL AI - not 100% sure, newest addition. APE - NFTs, bought based on chart technicals, up Curve finance - farming, dao Riskier OmegaX Health - 3 months old, doctor making health AI program, have app on apple beta store - 100x in bullrun Tophat - AI agent launchpad, moonshot, think Virtuals - if this catches, 100x
That was post 2017; there was never much gpu hysteria until Pascal. I was GPU mining Eth when the RX480's launched, and it was still small enough in the grand scheme that it had zero effect on gpu prices or availability.
>How many active miners do you think were around in late 2009/early 2010. Too tough to guess. Probably over 100 but less than 5,000. >Laszlo himself said he was mining well over 1000 a day when he started. I don't doubt that. When he first started it's quite possible there were less than 10-20 people mining. But we're not talking about when he first started, we're talking about after the first pizza purchase. I'm not arguing that he wasn't able to mine another 10k btc (and more) after the first pizza purchase, just that he wouldn't be able to do it in a few days. A few weeks or months is more realistic. Even if he had 5% of the total hashrate (unlikely for May 2010) he would still only be mining ~350 btc per day, on pace for 10k every 28 days or so. Now, fast forward a few months in later 2010 & his hashrate jumped significantly when he was one of the first to begin GPU mining. At that point he did have a disproportionate share of the total hashrate & it's possible he could have jumped to 10% or more. However, that's still a far cry from 50% which would be required to mine 10k btc in a few days.
I don't disagree, I hate the idea that big CEX like Coinbase and Binance have so much custody over ETH. But I wouldn't say that PoW mining centralization is that much better. The top 3 pools together control 57.9% hashrate. We don't know of those pools what % are large operators or individuals. [https://mempool.space/graphs/mining/pools](https://mempool.space/graphs/mining/pools) While imperfect, current thinking and research are that PoS networks is much more expensive to attack than PoW networks. [https://academic.oup.com/rfs/advance-article-abstract/doi/10.1093/rfs/hhaf013/8046666](https://academic.oup.com/rfs/advance-article-abstract/doi/10.1093/rfs/hhaf013/8046666) Personally, the "rich getting richer" thought around PoS networks doesn't make sense as an argument against it because PoW in modern times is essentially the same. Early adopters still hold the most BTC, and many have large established mining operations that they continue to invest their BTC gains into to keep hashrate up. If anything, PoW has funneled gains to ASIC/GPU manufacturers, as opposed to dApp ecosystems.
Is it far fetched? Just make sure you give miners highest revenue versus others. In Qubic this is possible because PoW for the network itself is not needed for its security directly. Qubic is interested in both CPU and GPU computing power. ASICs make no sense because algorithm will change very often. Regular hardwire will win, see it as BOINC but with profits. Anyone can now mine with your (idle) home computer and get some profit.
I feel like he still has many thousands of bitcoin and is doing all right. He invented GPU mining. Was probably hoarding all the bitcoin coming out at the time. Kind of a way of giving back a little piece of his pie. teehee.
Looking at the Qubic discord it seems they chose to mine XMR because its was one of the most complex to try and mine via POW and CfB stated if it was successful they would be able to mine any coin and also because it's heavily CPU mining. Apprantly there's a planned algorithm change in a month which will significant increase hashrate in favour of CPU mining rather than GPU. I've seen on X multiple posts over the last week where the hashrate has increased from 40mhs to now 150mhs. Its impressive to say the least and is looking more profitable than mining any other coins.
On May 18th 2010, a man named Laszlo Hanyecz posted a thread on the bitcoin forum saying that he would pay 10,000 BTC to anyone that would order him 2 large pizzas or cook & deliver him 2 large pizzas. Laszlo said he just wanted to “get food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!" Four days later, a man named Jeremy Sturdivant decided to take him up on that offer. On May 22nd 2010, Jeremy ordered Laszlo 2 large pizzas from Papa Johns and Laszlo sent Jeremy 10,000 BTC in return. This also wasn't the only time that Laszlo spent thousands of bitcoins buying pizza. Laszlo estimates that he spent 100,000 BTC on pizza in 2010. Laszlo is also the man that invented GPU mining and he mined well over 100,000 BTC in total. Laszlo said that he doesn't regret buying pizza with bitcoin. He said, “I think that it’s great that I got to be part of the early history of Bitcoin in that way.” Laszlo said, “I wanted to do the pizza thing because to me it was free pizza” and “I got pizza for contributing to an open-source project. Usually hobbies are a time sink and money sink, and in this case, my hobby bought me dinner.” **Jeremy Sturdivant later sold the 10,000 BTC that he received from Laszlo and used the funds to travel around the US with his girlfriend.** Jeremy said, “I had no idea how huge it would become”. But despite losing out on boundless riches, he said he is “proud to have played a part in the global phenomenon.”
The man that bought the pizza was Laszlo Hanyecz. Most people today, even Bitcoiners, don’t know that name, but he was the first miner to use a GPU (rather than a CPU).
This man is famous for those two pizza, but this man wrote the first code to mine btc with GPU instead CPU. Good pizza day to everyone
Lazlo is an absolute Bitcoin legend: • First ever commercial purchase using Bitcoin • Invented GPU mining • Invented mining pools • Fixed a hell of a lot of bugs in Bitcoin • Made the first version of Bitcoin Core for MacOS (capital M because that was their branding at the moment) • Purchased pizzas for 10K Bitcoin 3 more times after that.
Lazlo is an absolute Bitcoin legend: - First ever commercial purchase using Bitcoin - Invented GPU mining - Invented mining pools - Fixed a hell of a lot of bugs in Bitcoin - Made the first version of Bitcoin Core for MacOS (capital M because that was their branding at the moment) - Purchased pizzas for 10K Bitcoin 3 more times after that.
Why is it not decentralized? I can run a mining node from my computer and it doesn't require an ASIC or powerful GPU, just my CPU and I'm contributing to the network. It is cash because it is fungible and works like paper money. No one is going to know my transactions history or any other information.
"Laszlo is also the man that invented GPU mining and he mined well over 100,000 BTC in total" ... and people make fun of him for the pizzas. He's likely a millionaire now but good on him no one talks about it.
No highly unlikely, as one of the first people to GPU mine he likely had way more btc at one point than 100,000.
On May 18th 2010, a man named Laszlo Hanyecz posted a thread on the bitcoin forum saying that he would pay 10,000 BTC to anyone that would order him 2 large pizzas or cook & deliver him 2 large pizzas. Laszlo said he just wanted to “get food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!" Four days later, a man named Jeremy Sturdivant decided to take him up on that offer. On May 22nd 2010, Jeremy ordered Laszlo 2 large pizzas from Papa Johns and Laszlo sent Jeremy 10,000 BTC in return. This also wasn't the only time that Laszlo spent thousands of bitcoins buying pizza. Laszlo estimates that he spent 100,000 BTC on pizza in 2010. Laszlo is also the man that invented GPU mining and he mined well over 100,000 BTC in total. Laszlo said that he doesn't regret buying pizza with bitcoin. He said, “I think that it’s great that I got to be part of the early history of Bitcoin in that way.” Laszlo said, “I wanted to do the pizza thing because to me it was free pizza” and “I got pizza for contributing to an open-source project. Usually hobbies are a time sink and money sink, and in this case, my hobby bought me dinner.” Jeremy Sturdivant later sold the 10,000 BTC that he received from Laszlo and used the funds to travel around the US with his girlfriend. Jeremy said, “I had no idea how huge it would become”. But despite losing out on boundless riches, he said he is “proud to have played a part in the global phenomenon.” ##Happy Bitcoin Pizza Day!
The timing is really good actually. Akash does CPU compute, some others & Nvidia ofc doing GPU compute, so I could see Acurast could pick up a monopoly on mobile compute. Big for local AI inference, key to privacy, also on trend.
There are a few projects shipping real infra rather than hype. Saros on Solana has zero-slippage AMM and built-in farms all in one app, which cuts out a lot of manual setup. Ocean Protocol is building on-chain data markets for AI use cases, Render Network offers GPU compute in DeFi style, Helium’s IoT network keeps growing real-world coverage, and Aptos has a dev ecosystem that’s steadily onboarding new dApps. Those feel far from pump-and-dump schemes.
It won't be much, the oc will be loud and hot if you do. CPU mining is monero, you could use other coins but that would be the best overall imo GPU, Fark not much there and not for your situation. The PC will be slower to use if you mine and dual mine. Not worth it tbh.
There was another exchange which I used back then much more than mtgox and can't remember the name for the life of me. It also closed but I damn sure bought enough then to regret selling later at dumb prices 😞 so yea.. and then you could still line it rather easily comparatively... Probably get a decent stack by today's standards with a GPU
I heard about the wear on Hardware, but isnt it pretty much Limited to the GPU ? Thought thw CPU would be much more resistent to wear Like that
There is many good calculators online that you can estimate your profits based on your mining rig/GPU and electricity bill. But this is a bad idea unless you for some reason have extremely cheap/free electricity, which i doubt you do. Also dont use credit to buy this, youre NOT going to make 30$ a day on a 3000$ mining rig, youre more likely to make 3$ a day, if even that. I dont know what kind of disabilities you have, how old you are or what education you have, but if you dont want to/can’t get a job. Spend your time doing and learning something valuable, don’t max out your credit on something stupid like this, it will only dig your hole deeper. Alot of people, especially younger people are stuck on the «passive income» and «get rich quick» mindset. That end up relying on daytrading or dropshipping which in most cases doesnt work. There is countless possibilites for you, skills you can learn like (Video editing, AI, Coding, Math,Physics, etc this can be anything, focus on that, then you can start thinking about using that to make money.
Reminds me of winning CAL and TWL nationals for call of duty 1 and 2. Thanks for the T-shirt and GPU worse gpu than I already had.
It jumped 1800% from 2023 to 2024 and has had some great gains recently. Moved well with the market and is sub 1 billion market cap. Wouldn't be shocked to see a few billion market cap this year. Definitely looking into this one for sure. I read they are working on an app to lend GPU resources from the PlayStation and be able to get more coin. I feel like that's the new way to bring GPUs back into crypto now that mining is dead. This project could explode honestly. Kinda nice to see something not shilled by bag holders and with tons of upside
Satoshi was actually quite worried about the introduction of GPU mining
There was a website called New Liberty Standard that started selling BTC on 2009-10-05. You were able to buy 1600 BTC from New Liberty Standard for $1 in late 2009. New Liberty Standard only accepted PayPal. Not to mention that the guy that bought the pizza was the guy that invented GPU mining and he literally mined well over 100,000 BTC. That wasn't even the only time he bought pizza with bitcoin. He spent over 100,000 BTC on pizza in the second half of 2010 alone.
in addition to mining a scam coin you are also wasting hashrate of a GPU that you could use for mining Ergo or Vertcoin...that's why GPU mining is struggling...because of these scams...for Vertcoin go to vertcoin.org and download OCM (OneClickMiner)...set the exception on your antivirus like for all mining software and start mining one of the few "serious" gpu powcoins left...and stay away from scams next time...
With free electricity, your biggest constraint becomes hardware efficiency. Honestly, Bitcoin is still the king if you can get your hands on a used or discounted ASIC like an Antminer S19. $5k won’t buy you a full farm, but it could get you started. Other options like Kaspa (KAS) have been popular for GPU miners lately, but GPUs generally have lower ROI and higher risk of obsolescence. ASICs are noisy and specific but far more efficient. Just keep in mind, even with free power, mining isn’t risk-free (maintenance, hardware lifespan, market fluctuations)
SUI, PEPE, SUPERVERSE, & a couple AI coins. I like GPU & HashAI. ANDY(Base) is another meme coin I like alongside PEPE.
I remember when it was $27, seen it in a overclocking forum, on the used GPU classifieds page. Guy offer someone 3btc and like $45 for a used GPU. I looked up what BTC was and thought man that's sounds stupid. Boy was I wrong 😂.
Buy, if you time it just right have cheap electricity and get lucky you might come out slightly ahead mining, but almost guaranteed that increasing difficulty will kill your ROI. However, where you really lose out is the manhours invested are never recouped. The excitement is fun, the frustration is frustrating. Source I mined 2017-2020 with some bitmain asics and a butt ton of GPU’s. I basically ended up with the same amount of crypto as would have if I just bought. God knows how many hours I spent obsessing about overlocking and under volting and dealing with broken fans and bad boards that needed to be replaced.
700.450.992.154 years (remember u are competing with Monster GPU Farms - it like lottery 1:1 Troll to hit a block with that)
GPU mining viability was on its last legs around the same time COVID hit. GPU mining exploded around that time because people lost their jobs and tried to find a passive source of income, which profited GPU scalpers way more than anyone actively mining BTC.
An email from Satoshi to Lazlo, that inspired the first of many, pizza transactions. They communicated regularly while collaborating on the project in the early year, and this was the most notable regarding not hoarding btc, and spending/gifting it: *A big attraction to new users is that anyone with a computer can generate some free coins. When there are 5000 users, that incentive may fade, but for now it’s still true. GPUs would prematurely limit the incentive to only those with high end GPU hardware. It’s inevitable that GPU compute clusters will eventually hog all the generated coins, but I don’t want to hasten that day. If the difficulty gets really high, that increases the value of each coin in a way since the supply becomes more limited. The supply is the same: 50 coins every 10 minutes. But GPUs are much less evenly distributed, so the generated coins only go towards rewarding 20% of the people for joining the network instead of 100%. I don’t mean to sound like a socialist, I don’t care if wealth is concentrated, but for now, we get more growth by giving that money to 100% of the people than giving it to 20%. Also, the longer we can delay the GPU arms race, the more mature the OpenCL libraries get, and the more people will have OpenCL compatible video cards. If we see from the difficulty factor that someone is using too much GPU, we can certainly pick this OpenCL stuff up again then. Maybe my effort to maintain GPU innocence is running out of time. It’s worked out so far. Satoshi* It is meant to be spent. If you are going to tip people anyways, why not just match the tip in a new purchase on the back end.
The internet's native "money protocol". Coinbase is resurrecting a 90s era HTTP spec and wiring it to stablecoins. No SDK hell, just headers. And the fact that is running on blockchain rails is obfuscated (this is how it was supposed to be) • Sub-cent fees, ~2 sec settle time. • Built-in auth, no API keys. • Works for browsers, back-ends, and AI agents. Credit-cards can’t price below $0.50. Dollar-denominated $USDC fixes that. The use cases are endless: - Pay-per-request LLM endpoints - Paywall for LLM data scraping - Streaming APIs billed by the byte - Agentic commerce: agents that buy data or GPU cycles on the fly - IoT devices settling power & bandwidth in real time Coinbase is planting a flag in the protocol layer of the new internet economy. https://x.com/ai/status/1919803757212418515?s=46