net_left Kdata Phương Thức Thanh Toán
Phương Thức Thanh Toán

How Long Does It Take to Mine a Bitcoin on Game Boy? A Million Times Faster Than with Pencil and Paper

More than 90% of possible Bitcoin circulation is already mined. This makes Bitcoin mining difficulty extremely high. Nowadays, the average cost to mine one Bitcoin is...
How Long Does It Take to Mine a Bitcoin on Game Boy? A Million Times Faster Than with Pencil and Paper © Reuters. How Long Does It Take to Mine a Bitcoin on Game Boy? A Million Times Faster Than with Pencil and Paper

More than 90% of possible Bitcoin circulation is already mined. This makes Bitcoin mining difficulty extremely high. Nowadays, the average cost to mine one Bitcoin is $12,000. The public miners use stacks of expensive Nvidia (NASDAQ:NVDA) RTX 3090 GPUs. However, it doesn’t mean you cannot mine Bitcoin on less powerful devices, like a Game Boy.

It just takes longer.

How Long Does It Take to Mine One Bitcoin on Game Boy?

A year ago, YouTuber Thomas ‘stacksmashing’ Roth published a video in which he made the original Game Boy mine Bitcoin. The console had only a single-core 4.19 MHz processor and 8 Kbytes of RAM on the board. In comparison, some modern GPUs have 1.7 GHz of clock speed and 16-24 GB of memory.

In order to make Game Boy connect with the Bitcoin network, he modified its original Link Cable, which allowed it to connect two Game Boys and share Pokémons, and linked it to pocket computer Raspberry Pi Pico. In this “rig,” the Raspberry part runs a Bitcoin node, while Game Boy runs a hashing program uploaded on a flash cartridge, which is inserted in Game Boy as a regular game cartridge. Of course, the software was written by Tom himself. He even added small animation of the Bitcoin logo sliding from left to right.

So What’s the Mining Speed of Such a “Rig”?

According to Tom, a Game Boy is able to calculate 0.8 hashes per second. In comparison, a modern miner works at 100 terahashes per second, which is 120 trillion times faster. Moreover, the Bitcoin mining difficulty has risen 33% since then.

This means it would take a few quadrillion years to mine one Bitcoin on Game Boy!

However, it’s worth mentioning that Game Boy is absolutely able to handle mining a Bitcoin on a custom empty Bitcoin network. This means Nintendo’s console was suitable for mining the very first Bitcoins even though it was released 20 years before the creation of Bitcoin itself.

What Is the Slowest Way to Mine Bitcoin?

Another YouTuber, Ken Shirriff, went even further. What’ an even less powerful machine in comparison to Game Boy? Of course, he could use one of the first Pong home consoles, but it would be hard to make them communicate with a Bitcoin node, as they weren’t supposed to connect to anything else than your TV, so no magical link cables.

So he decided to use a pencil and paper to calculate a hash. Obviously, the first well-known calculator is a human brain! And every computer is just an extremely advanced calculator.

It turned out that Ken’s brain was able to “mine” one block round in 16 minutes and 45 seconds. With this speed, mining one Bitcoin block, which consists of 128 rounds, would take 1.49 days, which equals a hash rate of 0.67 hashes a day.

Now, let’s check the date of the video: September 28, 2014. Should I mention that the mining difficulty was close to zero in 2014? Of course, everything is possible in this world. The only question is “why?”

The funniest part of his research was calculations on energy consumption:

“...assuming a resting metabolic rate of 1500kcal/day, manual hashing works out to almost 10 megajoules/hash. A typical energy consumption for mining hardware is 1000 megahashes/joule. So I'm less energy efficient by a factor of 10^16, or 10 quadrillion,” Ken mentioned in his blog. Further cost calculations came up even more ridiculous:

“A cheap source of food energy is donuts at $0.23 for 200 kcalories. Electricity here is $0.15/kilowatt-hour, which is cheaper by a factor of 6.7 - closer than I expected. Thus my energy cost per hash is about 67 quadrillion times that of mining hardware,” he continued. Also, Ken didn’t include the cost of paper and pencils in his “data report.” And I guess he’ll need a lot of that. At least, now we see that our current mining procedure with rigs and GPUs is more sustainable than cutting trees, making paper, and using it for Bitcoin mining calculations.

Anyways, there is a lesson out of such a seemingly ridiculous experiment: sometimes people are more suitable for the creation of things rather than monotonous work!

To Sum Up

In this article, I wanted to show the mathematical magic behind every Bitcoin, and therefore cryptocurrency. People became too focused on price fluctuations, frauds, and other things, forgetting what’s under the hood.

Blockchain technology is one of the first perfectly working ways of value storage in the digital world. And even if it’s not perfect, it is a start for something more reliable and technically advanced.

Continue reading on DailyCoin

Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
31-03-2024 10:19:50 (UTC+7)

EUR/USD

1.0793

+0.0006 (+0.06%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (5)

EUR/USD

1.0793

+0.0006 (+0.06%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (5)

GBP/USD

1.2624

+0.0002 (+0.02%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

USD/JPY

151.38

0.01 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (1)

AUD/USD

0.6522

+0.0007 (+0.11%)

Summary

Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (3)

USD/CAD

1.3543

+0.0006 (+0.04%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (1)

EUR/JPY

163.37

+0.12 (+0.07%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (8)

EUR/CHF

0.9738

+0.0010 (+0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (2)

Gold Futures

2,254.80

42.10 (1.90%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (0)

Silver Futures

25.100

+0.002 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Copper Futures

4.0115

-0.0003 (-0.01%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (0)

Crude Oil WTI Futures

83.11

+1.76 (+2.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Brent Oil Futures

86.99

+0.04 (+0.05%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (3)

Natural Gas Futures

1.752

+0.034 (+1.98%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (6)

US Coffee C Futures

188.53

-2.12 (-1.11%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

5,082.85

+1.11 (+0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (6)

S&P 500

5,254.35

+5.86 (+0.11%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (3)

Sell (8)

DAX

18,504.51

+27.42 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

FTSE 100

7,952.62

+20.64 (+0.26%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Hang Seng

16,541.42

0.00 (0.00%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (1)

US Small Cap 2000

2,120.15

+5.80 (+0.27%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (5)

Sell (4)

IBEX 35

11,074.60

-36.70 (-0.33%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

BASF SE NA O.N.

52.930

-0.320 (-0.60%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

Bayer AG NA

28.43

+0.01 (+0.04%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Allianz SE VNA O.N.

277.80

+0.35 (+0.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Adidas AG

207.00

+2.30 (+1.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

Deutsche Lufthansa AG

7.281

+0.104 (+1.45%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (6)

Siemens AG Class N

176.96

+0.04 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Deutsche Bank AG

14.582

-0.030 (-0.21%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

 EUR/USD1.0793Sell
 GBP/USD1.2624Sell
 USD/JPY151.38↑ Buy
 AUD/USD0.6522Sell
 USD/CAD1.3543Buy
 EUR/JPY163.37↑ Sell
 EUR/CHF0.9738↑ Buy
 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
 Brent Oil86.99Neutral
 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,120.15Neutral
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,910/ 8,080
(7,910/ 8,080) # 1,364
SJC HCM7,830/ 8,080
(0/ 0) # 1,364
SJC Hanoi7,830/ 8,082
(0/ 0) # 1,366
SJC Danang7,830/ 8,082
(0/ 0) # 1,366
SJC Nhatrang7,830/ 8,082
(0/ 0) # 1,366
SJC Cantho7,830/ 8,082
(0/ 0) # 1,366
Cập nhật 31-03-2024 10:19:52
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,232.75-1.61-0.07%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.69025.180
RON 95-III24.28024.760
E5 RON 92-II23.21023.670
DO 0.05S21.01021.430
DO 0,001S-V21.64022.070
Dầu hỏa 2-K21.26021.680
ↂ Giá dầu thô thế giới
WTI$82.82+5.390.07%
Brent$86.82+5.180.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.600,0024.970,00
EUR26.020,0327.447,78
GBP30.490,4131.787,64
JPY158,93168,22
KRW15,9119,28
Cập nhật lúc 10:12:31 31/03/2024
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán