When I ordered my first piece of equipment from BFL on 3/28/13 the difficulty was 6.6m
When the pricks delivered it, the difficulty was 390m
4.4 BTC per day when I ordered it.
0.07 BTC when it arrived.
Topic: When you started mining BTC, difficulty was... (Read 2677 times)
Difficulty was about 9 million when I read a CNN Money article that got me all into coins and coin mining inside of an 8 hour shift at work. I'm glad I had an easy desktop support job and it was a slow day, so I spent most of the day reading about bitcoins!
I believe it was around 1,000,000 when I started in 2011
i rememeber the time i earned ~8 BTC a day at deepbit...with 4gh ztex...
and the time i sold hundreds of coins around 5$....love it
- nyana
and the time i sold hundreds of coins around 5$....love it
- nyana
193m started with Asic usb miners but quickly bought a Jupiter off eBay. I thought I was super late to the game but made some decent money when the price spiked to $1200 now I'm just holding my coins see what the future holds.
If I can get free power is bitcoin mining still profitable at today's $/BTC rates, or are the hardware costs to high to make it worthwhile? 
competition breeds innovation and with BTC market, things just happen so much quicker
Intel had no competition until now.
I started around the 4.8m difficulty mark
My mining rig consisted of i5 with 7970 and a 7870 and was producing about 0.1BTC a day
Was also mining on 10x dual Xeon 5630 but all that did was like 120MHs compared to my 1GH on gpu's
Left just before Avalon batch 3's were meant to be delivered, as I had other things that needed my attention.
Came back because I heard that KNC was down to 28nm which is a huge improvement from the 110nm process by Avalon, although KNC uses a structured ASIC design which I think its just a glorified FPGA so not truly optimised ASIC.
Just got my first Antminer S1 about 3 weeks ago for 0.9something BTC and another one 2 weeks ago for 0.89seomthing
I smile every time I look at my S1's and I think wow I just saw the evolution of chip design that went from Pentium 4 Northwood to i5 ivy bridge in the span of less than a year and it only took Intel nearly 14 years to do that same thing. I still love hardware today, ever since my first Olivetti IBM XT clone computer and mucking around with DIP switches and jumpers. So mining is just for fun never really saw it as more than a hobby.
My mining rig consisted of i5 with 7970 and a 7870 and was producing about 0.1BTC a day
Was also mining on 10x dual Xeon 5630 but all that did was like 120MHs compared to my 1GH on gpu's
Left just before Avalon batch 3's were meant to be delivered, as I had other things that needed my attention.
Came back because I heard that KNC was down to 28nm which is a huge improvement from the 110nm process by Avalon, although KNC uses a structured ASIC design which I think its just a glorified FPGA so not truly optimised ASIC.
Just got my first Antminer S1 about 3 weeks ago for 0.9something BTC and another one 2 weeks ago for 0.89seomthing
I smile every time I look at my S1's and I think wow I just saw the evolution of chip design that went from Pentium 4 Northwood to i5 ivy bridge in the span of less than a year and it only took Intel nearly 14 years to do that same thing. I still love hardware today, ever since my first Olivetti IBM XT clone computer and mucking around with DIP switches and jumpers. So mining is just for fun never really saw it as more than a hobby.
Somewhere around 6.55^12 
Started mining on 4M
started mining at 3 million, used to make .1 a week on a home PC 
You guys with your tiny 15% increases per adjustment. I remember when it went up 10x in under a month. That was the only time it hit the maximum adjustment cap.
Ugh, from 23 to 244 in 3 weeks.
12 Million or so
900 million, in Dec 2013 
Same... 900 Million
I caught on when BTC was at $1200 
900 million, in Dec 2013
we can only dreams for such hashrate for any good coins
~200k. Good old times!
1. i mined one block of 50 in 9 hours on a Pentium 4 3ghz or 8 core AMD
holy cool
it was the best days i think
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 droppedhttps://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.
For the difficulty beyond Aug2013, you may refer to the bottom part of this site.
http://bitcoinwisdom.com/bitcoin/difficulty
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 droppedhttps://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.
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
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.
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.
1. i mined one block of 50 in 9 hours on a Pentium 4 3ghz or 8 core AMD
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.
27K
was selling btc at $30 each. Paid off 1 of my 6990s, then btc went to $1.50 and i stopped.
was selling btc at $30 each. Paid off 1 of my 6990s, then btc went to $1.50 and i stopped.
1
30k. I started selling everything at 250k and just came back 2 months ago.
What was it towards the end of 2011? Man, i was making a few bitcoins a day with only a few gfx cards...
800k or something. Felt high but I managed to mine a coin or two.
What ASICs did you buy? Wasn't it a bit late to start mining to make a profit?
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?
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
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((
Around 1.8mil, I was mining with a GeForce210
30k i had gtx260 and 3 usb eruptors 333mhz.
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
You can see what the difficulty was on certain dates at the bottom of:
http://bitcoinwisdom.com/bitcoin/difficulty
7-9mil and I thought, wow I'm too late this is already very high... I was mistaken.
845K. I thought a the time this was a *absurdly* high difficulty.
Mining with one Geforce GTS260.
Mining with one Geforce GTS260.
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
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
Never mined, the first time I saw Bitcoin difficulty was slightly more than 1 million and I thought it was too difficult
Ill go ahead and start: 9 million
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