Re: Forum Time Machine - Mining bitcoin with Pentium processor
⭐ Merited by FatFork (1)
Even many years later, it's funny that I happen to have a similar view now: I could easily see BTC above $100k in a few years, but I think we'll probably drop well below $30k for at least part of this year.
Anything is possible with Bitcoin in this crazy times we live now, but when in doubt I always like to zoom out and get better perspective.Hal Finney early price calculation for BTC was $10,000,000 per coin per one coin, so I guess we are all a bit bearish compared with that
I probably still have the CPU somewhere. Taken out of context, my 2010 post makes it sound like I barely had any idea of what a CPU was since I just used the over-broad "Pentium" label, but in fact this was a gaming machine I'd built around 2008, and I chose the specific CPU carefully. It was far from the best CPU available in 2010, but it was probably in the top 5% of retail-oriented CPUs.
That means your processor was made by Intel, and I did some time travelling again about best processors from 2010.Some say it was Intel Core i7 980X Extreme Edition or one of the Intel Xeon models, and they were fastest according to benchmark testing but also most expensive with prices around $1000
Intel Pentium G6950 was the best budget CPU from 2010 that could be overclocked, and AMD Phenom was very good option price/performance wise back than, but I am not sure what CPU was better for Bitcoin mining.
Fast forward again in 2022 and Intel is now making new energy-efficient dedicated chips for Bitcoin mining, that should be much faster than anything we have so far.
https://cpu-benchmarks.com/benchmarks/2010-cpu-benchmarks/