https://preview.redd.it/giu1ssilga151.jpg?width=900&format=pjpg&auto=webp&s=41510785ccdc0d99544ec74229f62427d1c0ce3esubmitted by 58CoinExchange to u/58CoinExchange [link] [comments]
Museum has played the role of a time recorder. Talking about bitcoin, more than ten years has passed since the creation of it. Although it is uncomparable to the stock market with a hundred years of history, during the ten years, in the different stages of the development of bitcoin and blockchain have continuously poured in geeks, miners, speculators, newbies, leaving keywords such as sudden rich, myth, scam, belief, revolution, etc.
There are also many “old objects” with stories in the “Museum” of the cryptocurrency realm. On Museum Day, let ’s review the stories brought by these “old objects”.
The First Digital Currency White Paper — Bitcoin White Paper
On Oct. 31, 2008, Satoshi Nakamoto released the Bitcoin white paper — A Peer-to-Peer Electronic Cash System in the cryptographic mail group where he belongs, and Bitcoin was born since then.
A white paper is a document that explains the purpose and technology used in cryptocurrency. Usually a cryptocurrency uses the white paper to help people understand what it provides, and it is also an important information channel for investors to understand a project. Therefore, the level of the white paper affects people’s confidence towards the coin.
In a word, in the cryptocurrency and blockchain industry, the value of a white paper is equivalent to that of a standard financing speech. The white paper plays a vital role in this emerging market.
The First Public Bitcoin-Physical Transaction — Pizza
Since Satoshi Nakamoto mined the Bitcoin genesis block on January 3, 2009, Bitcoin has only been spread among the small crowd and has not realized its value.
Not until May 22, 2010, Bitcoin enthusiast “Laszlo Hanyecz” bought a pizza coupon worth $25 with 10,000 bitcoins. This is the first public bitcoin-physical transaction. Bitcoin has its price with 0.3 cents per bitcoin.
This day has also become the famous “Bitcoin Pizza Day” in Bitcoin history. Bitcoin as the imagination of the financial system has more practical significance. The tenth anniversary is coming. How will you commemorate it? Will you buy a pizza?
The First Digital Asset Exchange — Bitcoinmarket.com
After the birth of Bitcoin, in addition to mining, the only way to get Bitcoin in the early days was to conduct transactions on forums or IRC (commonly known as Internet Relay Chat). However, this method involves both long transaction time and great security risk.
In March 2010, the first digital asset exchange — Bitcoinmarket.com launched. However, due to lack of liquidity and transaction depth, it disappeared soon after its establishment, but Bitcoinmarket.com opened the era of the operation of the cryptocurrency realm exchange 1.0.
On June 9, 2011, China’s first Bitcoin exchange — Bitcoin China (BTCChina) launched. Its founder, Yang Linke, translated Bitcoin into Chinese “比特币” for the first time. In 2013, China’s bitcoin trading entered the golden age, and exchanges sprung up. China monopolized more than 90% of the world’s bitcoin transactions. Now, if the top three exchanges Binance, Huobi Global, OKEx are the Exchange 2.0, then the index exchange represented by 58COIN called the 3.0 version, leading the trend.
The First Generation of High-Performance Miner — ASIC Miner
When Satoshi Nakamoto created Bitcoin, the only way to get it is to use computers (including home computers) to mine, mainly relying on the CPU to calculate. However, as the value of digital currencies such as Bitcoin has become higher and higher, mining has become an industry with the competition is getting fiercer, accompanied by increasing difficulty of mining. Therefore, hardware performance competition starts.
In July 2012, the genius Jiang Xinyu (Internet nickname is “Friedcat”) from the junior class of the University of Science and Technology declared at the forum that he could make ASIC miners (chips). As far as mining computing power is concerned, ASICs can be tens of thousands or more higher than the same-generation CPUs and GPUs.
At the beginning of 2013, Zhang Nanqian (Pumpkin Zhang), a suspended doctoral student from the Beijing University of Aeronautics and Astronautics, developed the ASIC miner and named it “Avalon”.
In June 2013, the Friedcat’s miner USB was finally released, and it maintained 20% of the computing power of the entire network.
At the end of 2013, Wu Jihan, used the tens of millions yuan earned from Friedcat through investment, worked together with Jenke group, to develop the Antminer S1. Since then, the miner manufacturer Bitmain began to enter the stage of history.
It is no exaggeration to say that Friedcat and Zhang Nangeng have opened the domestic “mining” era.
The Birthplace of China’s Bitcoin — Garage Coffee
It is not only the “old objects” that record history, but also a place that everyone in the cryptocurrency realm aspires to.
Guo Hongcai once said, “Without no The Garage Café, there will be no cryptocurrency realm today. Since it is a very mysterious place that all waves of people from the café joint together to create today’s digital asset industry.
▲ In March 2013, American student Jake Smith successfully purchased a cup of coffee at The Garage Café with 0.131 bitcoins. This move attracted the attention of CCTV, and it conducted an interview.
Indeed, The Garage Café is the world ’s first entrepreneurial-themed coffee shop. It has been legendary since its establishment in 2011. The Garage Cafét is not only the core coordinate on China’s Bitcoin map, but also the birthplace of the Chinese cryptocurrency circle, where digital asset realm tycoons including Guo Hongcai, Zhao Dong, Li Xiaolai, Li Lin have made their ways.
The development of digital currency is only 11 years old. Through these “old objects”, we review the various stories of this wave of technology together, hoping to help you understand the development process of the digital currency field. Meanwhile, I also remind all practitioners to use history as a mirror and forge ahead.
GekkoScience Compact USB Stick Bitcoin Miner. Among the USB Bitcoin miners for novice users, this may be the best option in terms of turning a profit by using hashing power from these devices (or use trading bots). With it, you can expect to make roughly 15 cents per month, which translates to almost $2 per year, nearly double some of the other ... Bitcoin Historical Trading Data - Binance - All Intervals - Pairs In Description. £100.00. or Best Offer. FAST & FREE . Bitmain APW3++ 1600W PSU Power Supply Antminer S9, T9, A3, D3, V9, X3, L3, S7! £70.00. Click & Collect. £9.00 postage. or Best Offer. 7 watching. Ledger Nano S Cryptocurrency Hardware Wallet - Brand New Unopened Box UK Seller. £50.00. Click & Collect. FAST & FREE. 2.2 USB ... The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. Creating your USB ASIC mining rig. With a 9-Port USB Hub you can reach a hashrate of nearly 3GH/s at a power usage of about 25Watts, if you compare this to a AMD 7950 doing about 500MH/s at 130Watts it is way more efficient. So if your electricity prices are low or even free it is well worth creating a little setup. But since the Block Erupter ... How To Make Your Own USB Bitcoin Miner? There are options for a setup of your own USB Bitcoin miner for beginners. This is a low-cost option and functions just like any other set up. In order to build a USB Bitcoin miner, you need two basic factors, and a minicomputer set up to run the software and external mining hardware. Both of these are made of different components. The needed components ... Today we're going to detail how to create a secure bitcoin wallet with an inexpensive USB drive. There are a few different wallets you can download for this Today, we will be looking into how a USB ASIC miner work and if it is still profitable for mining in 2020. The Origin of the USB ASIC Miner. While at first Bitcoin could only be mined with CPU power, in 2013, a new type of mining hardware emerged the ASIC miner (Application Specific Integrated Circuit).. ASICs are special hardware designed only for mining cryptocurrencies that are based on the ... On the nav bar select “Join” and create an account. Make sure to remember your username as we will be using it in the following steps. Then go to “tools”, “Bitminter client” and choose “latest update”. This will download a file to your computer that will allow it to start mining Bitcoins. Once the file has finished downloading just run it and follow the simple installation ... USB miner - it is, theoretically, possible to mine bitcoins through extremely cheap USB bitcoin miners. An miner of this kind can be purchased for around $30, but it is not a very profitable investment. Annual use of such an miner allows you to earn the equivalent of around several dollars only and there is a high risk of computer damage in addition. If you have an intention to mine ... These are as follows: Bitcoin; Bitcoin Cash; Ethereum; Ethereum Classic; Dash; Ripple; Litecoin; Stellar; NEO; and EOS. The motto at eToro is “Cryptos Needn’t Be Cryptic” and the team are always trying to educate users about cryptocurrencies, through blogs, videos and other helpful resources. And to make trading even more straightforward eToro has two pioneering tools – CopyTrader and ...
[index]          
A $2000 investment turned into me spending $100,000 dollars building a custom shed for cryptocurrency and Bitcoin mining. Here's the story of Drew Vosk and t... #cryptocurrency #BAKKT #Bitcoin #altcoin #binance #kucoin #coinbase #ripple #cryptocurrencynews,#xrp #bnb #neo #bakkt #fidelitydigitalassets #bitcoinprice #bitcoinnews,#bitcoinpump #bitcoindump # ... Red Panda Mining NEW Merch! USA - https: ... #Bitcoin #CoinMarketCap #Binance. Category Science & Technology; Show more Show less. Loading... Hide chat Show chat. Advertisement Autoplay When ... SUBSCRIBE FOR MORE HOW MUCH - http://shorturl.at/arBHL GekkoScience NewPac USB Miner - https://bit.ly/2RIQgdX GekkoScience 8 Port USB Hub - https://bit.ly/2x... 🔲 My Top 3 Recommended Exchanges 🔵 Phemex http://bit.ly/JackPhemex - $120 FREE Bonus 🟠 Bybit http://bit.ly/JackBybit - FREE $390 Code: CRYPTOJACK300 ... https://www.binance.com/?ref=11330706 www.hashslingers.com Links to the components for my builds: 80/20 Inc 10 series T-slot aluminum http://amzn.to/2CVANyg ... Buying a $800 Pre-built Bitcoin Cryptocurrency Mining Rig? Coinmine One Review - Duration: 21:13. VoskCoin 59,663 views. 21:13 . Is Binance Safe My Binance Review (With Focus On US Customers ... Using two USB sticks I picked up off Amazon (BM1384). I’m running a burn in test to see how things go at default settings. Currently I’m at 150 MHz per stick averaging 32 Gh/s total. I’m ... පහසුවෙන් BitCoin සහ වෙනත් Coin ඕනෑම CPU/GPU එකකින් mining කරන හැටි - ًWinMiner Sinhala Guide - Duration: 15:24. Thakshanavediya ...