15 years ago today, the first Bitcoin mining screensaver was invented. The application would automatically start mining Bitcoin whenever your computer was left idle and stop when the user returned to work. The price of a bitcoin was $1.
Bitcoin mining with GPUs began 16 years ago today when a coder discovered how to efficiently calculate the hashing algorithm with a computer's graphics card. This breakthrough sparked the transition from CPU to GPU and the network's hashrate increased +130,000%.
“I assume the mafia uses Excel Spreadsheets and Microsoft is not liable”, says U.S. Representative @RepThomasMassie when asked if open-source Bitcoin developers should be held liable for people misusing the software they create.
Do you agree?
Coffeezilla just debated Jeff Walton for an hour about bitcoin and Michael Saylor’s digital credit business.
If you don’t know him, @Coffeebreak_YT has become the most popular YouTuber focused on exposing crypto scams and is skeptical of the strategy.