Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: what did you start mining with?
by
teukon
on 17/07/2011, 21:10:55 UTC
xD, i just picked the worsest time, to start with mining...
Damm... when a low intel atom cpu with about 0,3Mhash or so was able to collect 250BTC... iam running about 1,3Ghash and mal 0,8BTC/day.
That really make me sad

Yeah, 5 blocks for 200khps over a few months.  However, even with the low difficulty and low power consumption, 150 of those BTC were barely profitable and the other 100 I generated at a loss.  Bitcoins were not highly valued back then.

I took a chance (bought 1500 BTC back when all the bids and asks were multiples of 100 BTC) and got lucky!

I was excited when people started taking more interest.  knightmb decided to set up a mining farm and everyone thought he was nuts!  Eventually there were problems with the main exchange (paypal scams) and someone started a new exchange which was supposed to do everything properly and professionally (mt gox  Roll Eyes).

Ah! memory lane.