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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.
Best Bitcoin Mining Software Reviewed. By: Ofir Beigel Last updated: 8/23/20 If you’re thinking of getting into Bitcoin mining, one of the things you’re going to need is a software to run your mining hardware.In this post I’ll review the top Bitcoin mining software available on the market. In comparison, in 2013, the then most powerful Bitcoin cryptocurrency miner - KNC Jupiter type, cost about $14000. miners' power is not the only indicator of their price. After 2013, the price of the mentioned Jupiter miner and other cryptocurrency miners dropped sharply. Why? As a result of the drop of the BTC's price. The prices of mining equipment also depend on the price of Bitcoin. If the ... Retro Miner created a bitcoin miner with a 1985 NES and a Raspberry Pi. Lastly, another neat project is another incredibly slow miner built in 2013 out of a 1985 Nintendo Entertainment System (NES). Razzia in Haus von bitcoin 'Gründer' Craig Steven Wright 09 Dezember 15 . Die Polizei durchsuchte das Haus eines 44-jährige Australier, der angeblich sein der Schöpfer von kryptogeld bitcoin. Craig Steven Wright, ein tech - Unternehmer Leben in Sydney, war gekennzeichnet durch KABELGEBUNDENE UNS als mysteriöse "Gründer" der digitalen Währung-das hat bisher nur bekannt unter dem pseudonym ... Litecoin Mining – Litecoin ist eine der ältesten Kryptowährungen auf dem Markt. Man kann sie schon seit dem Oktober 2013 handeln. Die Kryptowährung entstand als eines der ersten Hard Forks von der Bitcoin. Mit ihr wird der Litecoin kurz LTC genannt, sehr häufig verglichen und beide ähneln sich auch in vielen Belangen. AMD and NVIDIA GPU mining Awesome Miner Bakkt Binance Bitcoin BTC Bitfinex Coinbase CPU mining CryptoDredge DOWNLOAD CryptoDredge DOWNLOAD GMiner DOWNLOAD lolMiner DOWNLOAD nanominer DOWNLOAD PhoenixMiner DOWNLOAD SRBMiner DOWNLOAD SRBMiner-MULTI DOWNLOAD TeamRedMiner DOWNLOAD WildRig Multi DOWNLOAD XMR-Stak DOWNLOAD XMRig DOWNLOAD Z-enemy Equihash FPGA/ASIC mining GMiner KAWPOW Libra lolMiner ... Microsoft Visual C++ Redistributable 2013; Internet Connection; Bitcoin Gold Wallet; First, we will setup a Bitcoin Gold wallet so you can receive payouts. Either download Coinomi, the official Bitcoin Gold wallet, or use an exchange wallet like one on Binance. The Bitcoin Gold address you are given must be inputted into the software later on. You can also go to your mining pools website directly and connect to the CPU miner, but I found this to be easier, and you can quickly switch between pools if one drops the connection, since this did happen to me while mining. NiceHash Miner 220.127.116.11 is a continuation of NiceHash Miner v1. This version is intended for experienced miners who need the fastest updates and maximum hash speed. NiceHash Miner — An advanced auto miner that supports the latest algorithms and miners. No need to view tons of configuration files, various versions of mining software, configuration settings or cryptocurrency coin market analysis. Even if a CPU is used, solo mining, where a computer competes for the entire block reward, may be futile. The reason for this is that mining does not guarantee rewards, but is a game of chance. It may be possible for a solo miner to find a block header, but this may be an event that never repeats.
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