Bitcoin

2011 were great times. I mined Bitcoins with my HD 5850 with a loss and just for fun, but I was convinced that Bitcoin will be big!



2011 were great times. I mined Bitcoins with my HD 5850 with a loss and just for fun, but I was convinced that Bitcoin will be big!



View Reddit by ArschnelsonView Source


24 Comments on 2011 were great times. I mined Bitcoins with my HD 5850 with a loss and just for fun, but I was convinced that Bitcoin will be big!

  1. timetravelinteleport

    It’s crazy seeing screenshots like this. I mean seriously, who the hell could have EVER expected that we would have gone through what we went through and would still be here standing today at over $5k per coin? Just unbelievable.

  2. hawks5999

    Deepbit is a great reference point for me whenever someone wrings their hands about a mining pool getting over 50% of the hash. They were one of, if not the, first to cause everyone to get all up in arms about it. Every time there’s a hysteria, you can guarantee the pool won’t exist in a year’s time.

  3. farmdve

    I’m boarding the 5850 train!

    I also mined with a 5850 and also on Deepbit in 2011. However my 5850 brought me hundreds of percents of profit, with no investment from me.
    It mined me two blocks on solo. With the first block I bought a 5870.

    Ever since, I’ve never had a year as good as 2011. Best year of my life, easily.

  4. Luccio

    Wow, some nice folks from the good old days! I mined FTC for the longest time, but originally started on Doge.(Thank you coinOtron) Traded those in for LTC and made a killing when LTC hit 30+mbtc. Today it’s a whole new story, LTC hashrate cut my miner off at 42000hashes, and the future of BTC never looked better. Alts, LN, Apps, Devs, etc… What a boom from back then!

    Cheers to you gents who grew up with BTC from the pre-disappearances days of Satoshi Nakamoto.

  5. Essexal

    August 16th 2014. My KNC Neptune started running.

    Mined 0.25 coin a day for 2 weeks, then the biggest (?) difficulty adjustment in Bitcoins life hit and it was down to 0.18 a day.

    If only I hadn’t been selling the mined coins to pay for electricity, I probably wouldn’t be working today.

  6. eqleriq

    Meh, operating a CPU / GPU setup at a minor loss in 2011 is nothing compared to literally destroying graphics cards in 2009, “only” getting 50btc every few hours but costing hundreds of dollars in graphics cards and determining “it isn’t worth it.”

  7. RayReddit

    I’ve got an (SUPER) old Phenom 6 core AMD box mining with a GTX 960 right now, just as a joke cause it’s on free electric. It’s making 12 cents a day.. Maybe that’ll be worth 12 dollars when i’m a BTC millionaire in 2022? Dude, it’s cost me thousands of just buying in, this year, and I’m nowhere close to 2.8 BTC yet. You’re a king!

  8. cum_box_on_fire

    A crazy friend of mine was building hyperoptimized BTC mining rigs from 2009 on and tried to get me involved. He cashed out all of his coins at like $40 and made a huge profit on his time/hardware investment.

    I wonder how he feels about selling almost 2k BTC now.

  9. jerry_03

    i will forever be kicking myself for not buying bitcoin when I first heard about it in 2010. I thought it was just a novel thing and never dreamed it would catch on. I finally bought my first coin 3 months ago.

    However I would be kicking myself even more if I did buy it back in 2010 and then immediately spent it.

  10. KifDawg

    Man, In 2013 I set up my mega gaming rig to mine bitcoin. It was something like average .2btc/month once i started. But after the first 20 minutes of running it, it sounded like my computer was going to die lol. So I stopped it, cause at the time it was my precious gaming PC and it wasnt worth only 60dollars a month if that.

    I wish I torched that mother fucker lol

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