Pages:
Author

Topic: How was Bitcoin mining done in the early days? - page 2. (Read 234 times)

hero member
Activity: 644
Merit: 661
- Jay -
The concept of mining has remained unchanged over the years: difficulty level and adjustment time, halving, average block time etc have all been part of the network. What has changed is the number of miners and the quality of materials used to compete for rights to the next block.

In the early days, you could mine off your home PC and be very profitable, cause the competition was low as well as the difficulty level.

Today, a PC is not viable in the mining space and you need lots of gear and high caliber equipment.

- Jay -
newbie
Activity: 12
Merit: 0
How was Bitcoin mining done in the early days, and what changes have been made to the mining process since then?
Pages:
Jump to: