Re: A Personal Computer Mined How Many Bitcoin Per Day In 2009? 100? 250? 1700?
for instance
i just thought of random block 5000.. and looked at the what day it appeared(feb20th)
and found first block of that day 4932 and last block of day 5048 (uk time)
meaning 116blocks that one day
there were 5 separate sequences happening that day(5 computers)
where the best sequence solved 89 of the 116 blocks
so that random day i picked, had one computer getting 89*50=4450 coin
Meaning on Feb 20, 2009, people could download $300,000,000 of Bitcoin (at today's value) on their Pentium II..... per day.
Clarifying question... I assume people used the same computer to do this day after day, often for weeks or months. If someone ran the mining program for 3 months, it was all going to the same address? I wonder because the one guy who had 75,000BTC on his hard drive that is famously lost in the landfill.... he likely mined that before seed phrases. The fact all there was at the time was the private key and no one has stolen those coins after 11 years, shows how secure private keys can be even without a seed phrase. In theory!