When you started mining BTC, difficulty was... - page 2.

Sonny

hero member

Activity: 868

Merit: 1000

Quote from: crazyates on January 26, 2014, 09:41:45 PM

Quote from: bitpop on January 26, 2014, 08:37:05 PM

Quote from: crazyates on January 26, 2014, 02:47:53 PM

About 1.7 million, but then I saw it drop down to ~1.0 million. I could make several BTC a day with just a few GPUs. Been mining pretty much nonstop for the past 2.5 years.

Wow I never knew Bitcoin ever dropped

Whoever was updating this spreadsheet apparently stopped in August of '13, but it's a great glimpse into the history of Bitcoin.

https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc#gid=0

And yes, the difficulty has dropped several times. It's even dropped multiple times in a row. You gotta remember: The price had risen to $31, and then crashed to $2. People were abandoning Bitcoin, and we lost almost half of the network. Everyone thought it was a fun little hobby that had run it's course and died. Well, everyone except those of us that believed in it, and kept mining. Wink

For the difficulty beyond Aug2013, you may refer to the bottom part of this site.
http://bitcoinwisdom.com/bitcoin/difficulty

crazyates

legendary

Activity: 952

Merit: 1000

Quote from: bitpop on January 26, 2014, 08:37:05 PM

Quote from: crazyates on January 26, 2014, 02:47:53 PM

About 1.7 million, but then I saw it drop down to ~1.0 million. I could make several BTC a day with just a few GPUs. Been mining pretty much nonstop for the past 2.5 years.

Wow I never knew Bitcoin ever dropped

Whoever was updating this spreadsheet apparently stopped in August of '13, but it's a great glimpse into the history of Bitcoin.

https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc#gid=0

And yes, the difficulty has dropped several times. It's even dropped multiple times in a row. You gotta remember: The price had risen to $31, and then crashed to $2. People were abandoning Bitcoin, and we lost almost half of the network. Everyone thought it was a fun little hobby that had run it's course and died. Well, everyone except those of us that believed in it, and kept mining. Wink

bitpop

legendary

Activity: 2912

Merit: 1060

Quote from: crazyates on January 26, 2014, 02:47:53 PM

About 1.7 million, but then I saw it drop down to ~1.0 million. I could make several BTC a day with just a few GPUs. Been mining pretty much nonstop for the past 2.5 years.

Wow I never knew Bitcoin ever dropped

philipma1957

legendary

Activity: 4326

Merit: 8950

'The right to privacy matters'

I started august 2012 difficulty was around 2.1 million

Aug 25 2012   2,440,643   11.40%   17,471 GH/s
Aug 12 2012   2,190,866   7.57%   15,683 GH/s

I had about 10gh in gpus in nov of 2012 when diff was .

Nov 12 2012   3,368,767   1.95%   24,115 GH/s

I never came close to roi until coins jumped in price APRIL 2013. I sold a lot of them between 180-220 usd. I have been ahead of the wave since then.

jongameson

member

Activity: 84

Merit: 10

1. i mined one block of 50 in 9 hours on a Pentium 4 3ghz or 8 core AMD

crazyates

legendary

Activity: 952

Merit: 1000

About 1.7 million, but then I saw it drop down to ~1.0 million. I could make several BTC a day with just a few GPUs. Been mining pretty much nonstop for the past 2.5 years.

junk1

newbie

Activity: 17

Merit: 0

27K
was selling btc at $30 each. Paid off 1 of my 6990s, then btc went to $1.50 and i stopped.

bitpop

legendary

Activity: 2912

Merit: 1060

1

BlockChasers

newbie

Activity: 46

Merit: 0

30k. I started selling everything at 250k and just came back 2 months ago.

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

What was it towards the end of 2011? Man, i was making a few bitcoins a day with only a few gfx cards...

zhitgeist

newbie

Activity: 26

Merit: 0

800k or something. Felt high but I managed to mine a coin or two.

Quote from: mtnminer on January 22, 2014, 03:26:29 PM

I started back mining two months ago buying ASICs and am still buying and increasing my Hashing power! I also now transfer out my coins to my wallet!

What ASICs did you buy? Wasn't it a bit late to start mining to make a profit?

undeadbitcoiner

sr. member

Activity: 910

Merit: 273

Undeadbitcoiner Will not DIE until 1BTC=50K

I saw when difficulty was really small or we can say nothing but never gave importance latter on when i started it was growing harder and harder. it was less then 300K

Holm

member

Activity: 70

Merit: 10

Quote from: juggalodarkclow on January 22, 2014, 10:19:02 PM

Around 1.8mil, I was mining with a GeForce210

i am understand, that with my video card, l didn't even start )) only need buy Asic miner((

juggalodarkclow

legendary

Activity: 980

Merit: 1000

Around 1.8mil, I was mining with a GeForce210

Slavboy

newbie

Activity: 53

Merit: 0

30k i had gtx260 and 3 usb eruptors 333mhz.

BitcoinBarrel

legendary

Activity: 2062

Merit: 1035

Fill Your Barrel with Bitcoins!

Around 12,000,000 back in May 2013.

You can see what the difficulty was on certain dates at the bottom of:
http://bitcoinwisdom.com/bitcoin/difficulty

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

7-9mil and I thought, wow I'm too late this is already very high... I was mistaken.

helipotte

hero member

Activity: 650

Merit: 500

Pick and place? I need more coffee.

845K. I thought a the time this was a *absurdly* high difficulty. Roll Eyes

Mining with one Geforce GTS260. Grin

mtnminer

sr. member

Activity: 294

Merit: 250

When I first started, it was extremely low as was the price. I was mining with my GPU (video card) as my new work I7 pc had an excellent video card, but I only did word processing, web design and database work. So I started mining whit it 24/7 and forgot about it. I lost those bitcoins to 50BTC as I didn't transfer them out. They there were work very little, I wish I had them now!

I started back mining two months ago buying ASICs and am still buying and increasing my Hashing power! I also now transfer out my coins to my wallet!

Mtnminer

kik1977

hero member

Activity: 593

Merit: 505

Wherever I may roam

Never mined, the first time I saw Bitcoin difficulty was slightly more than 1 million and I thought it was too difficult Sad

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