Author

Topic: What was the price when... (Read 855 times)

420
hero member
Activity: 756
Merit: 500
November 29, 2012, 03:43:15 AM
#5
Around $0.7 or so, if I remember right.

early 2011?
Late 2010.

I'm not sure what is considered "mass adoption", but the price was around $0.10 when the first free/open source OpenCL miner was released that enabled widespread mining with ATI GPUs. https://bitcointalksearch.org/topic/python-opencl-bitcoin-miner-1334  I remember having a few % of the network hashrate with 2 5970s.

Before this, there was a publicly available CUDA (and maybe OpenCL too) miner that sent 5 btc from every block to puddinpop, the creator of the software.  I think the price was around $0.06 then.

This in no way implies that there will be an increase in price when ASICs start mining, if that is why you were asking Smiley

oh I am fairly certain there will be an increase in price
hero member
Activity: 840
Merit: 1000
November 29, 2012, 03:38:26 AM
#4
Around $0.7 or so, if I remember right.

early 2011?
Late 2010.

I'm not sure what is considered "mass adoption", but the price was around $0.10 when the first free/open source OpenCL miner was released that enabled widespread mining with ATI GPUs. https://bitcointalksearch.org/topic/python-opencl-bitcoin-miner-1334  I remember having a few % of the network hashrate with 2 5970s.

Before this, there was a publicly available CUDA (and maybe OpenCL too) miner that sent 5 btc from every block to puddinpop, the creator of the software.  I think the price was around $0.06 then.

This in no way implies that there will be an increase in price when ASICs start mining, if that is why you were asking Smiley
420
hero member
Activity: 756
Merit: 500
November 29, 2012, 03:29:30 AM
#3
Around $0.7 or so, if I remember right.

early 2011?
legendary
Activity: 2198
Merit: 1311
November 29, 2012, 03:14:05 AM
#2
Around $0.7 or so, if I remember right.
420
hero member
Activity: 756
Merit: 500
November 29, 2012, 02:05:00 AM
#1
What was the price of bitcoin when/beginning of mass gpu mining adoption?
Jump to: