Topic: How many people/GPU's would have to pool together to generate a BTC address (Read 1439 times)
January 31, 2015, 11:33:38 PM
Best thing about the modern high-speed internet? That we don't even care about using 426KB of digital data payload to convey 1.4KB worth of actual information.
January 27, 2015, 02:26:26 AM
I am guessing the power needed would be absolutely mind-numbing.
Beyond any human's comprehension...
January 25, 2015, 10:26:30 AM
A thought has been eating away at me, and my mind is finding it hard to fathom just how strong BTC keys are, cryptographically speaking.
If users put together a distributed computing platform, whereby everyone pooled their GPU and CPU power together like Folding@Home or BOINC, how many of us, assuming we all had an AMD R9 290 each, would it take to generate 1 private key down to the last letter.
I know by experience that even small computations with Vanitygen, can take a VERY long time, and even 1 letter extras can add days or or more to the length.
So, how much power would the world need to combine to generate just 1, full length BTC address?
I am guessing the power needed would be absolutely mind-numbing.
If users put together a distributed computing platform, whereby everyone pooled their GPU and CPU power together like Folding@Home or BOINC, how many of us, assuming we all had an AMD R9 290 each, would it take to generate 1 private key down to the last letter.
I know by experience that even small computations with Vanitygen, can take a VERY long time, and even 1 letter extras can add days or or more to the length.
So, how much power would the world need to combine to generate just 1, full length BTC address?
I am guessing the power needed would be absolutely mind-numbing.
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