Mining Bitcoin with pencil and paper: 0.67 hashes per day

mine-pencil-1

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.

Mining Bitcoin with pencil and paper: 0.67 hashes per day →

(via Kottke)

Published by Bramus!

Bramus is a Freelance Web Developer from Belgium. From the moment he discovered view-source at the age of 14 (way back in 1997), he fell in love with the web and has been tinkering with it ever since (more …)

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