Earlier quoted context omitted.
Honestly, what is getting me is that his book on sharpening pencils is actually 224 pages long. That seems awful long on such a simple subject!
And yet he made a half hour show with episodes such as "how to bounce a ball", "how to dig a hole, "how to open a door", "how to take a nap", etc.
Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)
41–50 of 162 posts
Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)
#42[1] https://www.cryptocompare.com/mining/calculator/btc?HashingP...
Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)
#43You could squeeze much more bitcoin out of yourself if you powered asic miner with a bicycle but I can appreciate low capital costs of pencil method.
Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)
#44you will earn 0.000000000002$ a day according to cryptocompare [1] [1] https://www.cryptocompare.com/mining/calculator/btc?HashingP...
Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)
#45Earlier quoted context omitted.
And yet he made a half hour show with episodes such as "how to bounce a ball", "how to dig a hole, "how to open a door", "how to take a nap", etc.
Sounds like he must be a good talker to say the least. Charismatic or at the minimum entertaining.
Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)
#46I think there is a market for selling hand-mined bitcoins as a novelty item, but selling individual hashes might be a pretty small niche.
To be able to mine at all (with whatever speed), you need to be able to complete an individual hash operation in less than 10 minutes - before the next Bitcoin block is created elsewhere on the network - because you have to base your calculation on that previous block's hash. If it takes more than a day to compute one hash, it does not work, no matter how many of them you could theoretically do in parallel.
Block 74638 was mined almost 7 hours after the previous one, for example, because of a serious overflowing issue.
Of course, the combinaison of "no block created in 36 hours" & "the hand-calculated block is valid" is highly unlikely, but still possible.
Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)
#47Earlier 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...
You know a market's full of suckers when even the wannabe scammers aren't discerning enough to avoid being ripped off.
Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)
#48Earlier quoted context omitted.
Well, the Paypal button actually works! I wonder if someone ever placed an order though...
There was a much lower price point originally, before he got sort of famous from the book, and subsequently a TV-show (Going Deep). The current price is basically to keep people from ordering, but still having it open if someone REALLY wants to get one.
I ran out to the dollar store lickety-split, purchased five dozen pencils, and put in orders for all 60 of them. Sure, it was a cool 30k, but you need your pencils sharpened properly for your entire family, maids, and baby-sitters.
He really should update his order cart for people who want to get a dozen or more sharpened at a time.
I would have ordered a full gross, but I had to run off and purchase a book for my second cousin's youngest son's friend who has a book report due. https://www.amazon.com/Trends-European-Television-Communicat...
Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)
#49Next: Mining bitcoin with pool of monkeys with typewriters.
https://thenextweb.com/cryptocurrency/2017/12/12/startup-use...
Re: Mining Bitcoin with pencil and paper: 0.67 hashes per day (2014)
#50I've found it works best with artisanal sharpened pencils http://www.artisanalpencilsharpening.com