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Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)

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Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)

#11
post #4

Earlier quoted context omitted.

Monkeys with typewriters are currently busy banging out whitepapers for ICOs.

A friend of mine writes and edits ICO whitepapers. He's very skilled and gets paid pretty well for those skills.

The fact alone that writing and editing ICO whitepapers (plural) is something an individual can do as a job makes me trust ICOs significantly less.

Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)

#13

Next: Mining bitcoin with pool of monkeys with typewriters.

"The next question is the energy cost. A cheap source of food energy is donuts at $0.23 for 200 kcalories." We will need a BTC/Donut exchange soon.

Donut futures!

Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)

#14

Earlier quoted context omitted.

A friend of mine writes and edits ICO whitepapers. He's very skilled and gets paid pretty well for those skills.

The fact alone that writing and editing ICO whitepapers (plural) is something an individual can do as a job makes me trust ICOs significantly less.

You have seen nothing yet https://www.fiverr.com/writer_clara/write-and-proofread-your...

Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)

#15

Earlier quoted context omitted.

The fact alone that writing and editing ICO whitepapers (plural) is something an individual can do as a job makes me trust ICOs significantly less.

You have seen nothing yet https://www.fiverr.com/writer_clara/write-and-proofread-your...

Oh God.

Given the quality of this gig description, at least we know that whitepapers written by that person will be immediately recognizable as scams.

Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)

#17
post #16

I think there is a market for selling hand-mined bitcoins as a novelty item, but selling individual hashes might be a pretty small niche.

It takes a lot of billions of hashes per bitcoin - I think your hand mined one would work out a bit too expensive for anyone to buy.

Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)

#19

Earlier quoted context omitted.

A friend of mine writes and edits ICO whitepapers. He's very skilled and gets paid pretty well for those skills.

The fact alone that writing and editing ICO whitepapers (plural) is something an individual can do as a job makes me trust ICOs significantly less.

Smart money has always been on selling shovels to the gold diggers.
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