Mining Bitcoin by hand

[The_Ogre]

Well, actually by pen(cil) and paper.

Pretty interesting: http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html

I decided to see how practical it would be to mine Bitcoin with pencil and paper. It turns out that the SHA-256 algorithm used for mining is pretty simple and can in fact be done by hand. Not surprisingly, the process is extremely slow compared to hardware mining and is entirely impractical. But performing the algorithm manually is a good way to understand exactly how it works.

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Anybody feel like implementing the algorithm and optimising it like a baws so we can make some money?

 

[EastAfricaGuy]

I tried it yesterday...

It's easy, but time consuming.

Spent 10.5 hours just to mine 0.072 BTC.

 

[UB40]

I tried it yesterday...

It's easy, but time consuming.

Spent 10.5 hours just to mine 0.072 BTC.

R12 083 in 10.5hrs is pretty good

 

[B-1]

Well, actually by pen(cil) and paper.

Pretty interesting: http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html

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Anybody feel like implementing the algorithm and optimising it like a baws so we can make some money?

I hate this bug:

 

[Snyper564]

I tried it yesterday...

It's easy, but time consuming.

Spent 10.5 hours just to mine 0.072 BTC.

I somehow doubt this... If you are able to make that kind of income you can quit your day job...

 

[now05ster]

I somehow doubt this... If you are able to make that kind of income you can quit your day job...

I have a step by step tutorial available on how to do this.

There is an admin fee of R1500 applicable, which covers postage and other related costs, but the results are guaranteed.

 

[gregmcc]

I tried it yesterday...

It's easy, but time consuming.

Spent 10.5 hours just to mine 0.072 BTC.

I think you need to recheck your maths. Probably 0.000072 BTC.

 

[UB40]

Yeah I reckon he made R12.08 in 10.5hrs. The pencil and paper is not worth it

 

[FiestaST]

Sjoe, 2017.

A simpler time.

 

[B-1]

I have a step by step tutorial available on how to do this.

There is an admin fee of R1500 applicable, which covers postage and other related costs, but the results are guaranteed.

You would clearly be faster as the expert so why don't you mine a bitcoin and then sell it to me for R1500?

 

[now05ster]

You would clearly be faster as the expert so why don't you mine a bitcoin and then sell it to me for R1500?

Comfortable, will give you "our" Capitec details. Payment upfront please.

 

[leon.davibe]

Well, actually by pen(cil) and paper.

Pretty interesting: http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html

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Anybody feel like implementing the algorithm and optimising it like a baws so we can make some money?

it has been optimised , they call it asics chips designed to just do one thing perform a sha256 batched in a box to perform the hash
100 000 000 000 000 times every second

 

[leon.davibe]

I think you need to recheck your maths. Probably 0.000072 BTC.

you would need an assic to generate even that income

even an s17 falls short on this income and it produces 17TH/s
ie 17 000 000 000 000 calculations every second the idea that manually doping it means anything is so silly

and then this does not even bring thge dificulty into it

this post about mining btc with pencil and paper should be published 1 apr

sure if will help you understand how btc works but that is all it would do

 

[epah]

I tried it yesterday...

It's easy, but time consuming.

Spent 10.5 hours just to mine 0.072 BTC.

Awww baby we are going to be so rich.

 

[epah]

@mods please ban eastafricaguy for the necro.