Topic: Mining Bitcoin with a Paper and Pencil.... - page 2. (Read 3519 times)
So how is it recorded to the blockchain
Very interesting, and complicated. I wonder if somebody like Rainman, an idiot savant (Google it), would have greater luck with something like this. It also makes me appreciate the technical efficiency of how fast our mining equipment today solves these mathematical puzzles. One can only wonder how powerful mining equipment will be in say, 2030.
Mining Bitcoin with pencil and paper: 0.67 hashes per day ? who would have thunk?
http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
If it takes more then 10 minutes to calculate one hash then, on average the hash would be worthless even if it was the hash of a valid block as there would likely be another block already found and confirmed by the time you determine the value of your hash. http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
If, hypothetically, there were no computers and Bitcoin had to be mined manually, how could the 10 minutes be enforced when even a single hash takes more than a day? The difficulty can't go negative, can it?
Scott Flansburg mining Bitcoin with pencil and paper, could probably be as effective as a GPU would be in mining Bitcoin.
I'm serious, he can solve equations faster than someone could with a calculator.
I'm serious, he can solve equations faster than someone could with a calculator.
inb4 government's starting banning bitcoin hardware, then start banning paper and pencils.
C'mon, you know China or some communist government will do this in the future
C'mon, you know China or some communist government will do this in the future
..... This guy has way too much time on his hands.
haha really curious maybe a math prodigy can get something quickly
shhh be ready for the next step about chinese farm 
obviously he has enough to buy a mansion. just move on
this is just curious,but obviously useless
Mining Bitcoin with pencil and paper: 0.67 hashes per day ? who would have thunk?
http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
Wow that is interesting to understand the calculation process
0.67hash a day is not too effective
Time to mine some coin! *grabs pencil and paper*
Trying right now haha ...
Time to mine some coin! *grabs pencil and paper*
That's very interesting. Thanks for the post.
I say give it a try!
congrats you just solved a 25 btc block. at a rate of 10000000000000000:0
Mining Bitcoin with pencil and paper: 0.67 hashes per day ? who would have thunk?
http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
Massive waste of time, ink and paper.
Not worth it unless you can somehow improve to several Terahashes per second.
Not gonna happen.
congrats you just solved a 25 btc block. at a rate of 10000000000000000:0
So I could try this and actually solve a 25btc block? Wow.
Interesting
Interesting
they are already doing it. crazy bastards!
Is that the farm In northern china with the cheap electricity that I saw the ad for? :p
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