3 sats \ 1 reply \ @nullama OP 14 Mar 2023 \ parent \ on: Meet the "Vladimir Club" bitcoin
He actually published the first GPU miner.
At that time, you got 50 coins per block, and with a GPU you would get a lot of them.
10,000 BTC is simply 200 blocks. In those days with a GPU you would probably be able to get them in a couple of weeks.
Electricity for a 2009-2010 GPU?, not much. It was basically free pizza.
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0 sats \ 0 replies \ @sudonaka 14 Mar 2023
The energy cost is key to Bitcoin value. Many stories of even the OGs who lost/sold their coins at $500 for example- if you understand what I’m doing on a public forum then I think you would agree he probably never got that many coins back🫡
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