Author

Topic: Bitcoin Then and Now (Read 131 times)

newbie
Activity: 10
Merit: 0
February 06, 2018, 09:49:49 AM
#1
Ok I am one of them people that wish they never lost their btc wallet from when btc first rolled onto the scene and was worth like $0.01 each or something like that. I was mining with my desktop computer and I bet you that I have somewhere in that LOST wallet something like at least 20 btc. At that time i got bored with it as 20 btc was worth like $1.00 or something really crazy low so... I like a lot of people said to heck with this and uninstalled the miner software and moved on. Well today I wish i did keep that wallet but.. I never did and can only thank myself for that. Now here is something I can not understand.

Back then you could mine with a desktop computer by yourself and not even have a 8 Core processor, 32 gigs of ram and LARGE video card. and get like for example 1 btc per day. Now FASTER more powerful computer 8 Core processor, 32 gigs of ram and LARGE video card. I cant mine 1/100000th of a btc. Same blockchain. Should not be any more difficult as it was then but is now impossible to get BTC with a desktop computer. It's not like someone, every now and again ADJUSTS the algorithm just to mess with people. So in theory I should be able to download a block to my desktop and mine at the same pace i did when this 1st started right???

Please explain this to me in laymans terms as i have no flipping idea how it could cost more and more to mine every day on the same block chain. Huh Huh
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