Mining Bitcoin with pencil and paper: 0.67 hashes per day
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HN comment orderI'm probably going to do one step wrongly and get laughed at, but here goes: 7 000 000 000 humans * 0.67 hashes per day = 4 690 000 000 hashes per day (or 54282.4074074 per second) 54282H/s would give us a daily profit of: 0.00078760 BTC ($0.30) So when the evil space aliens conquers the human race, they can put us to good use to generate 30 cents worth of Bitcoins for them every day (not counting human electricity…
> It's clear I'm not going to make my fortune off manual mining, and I haven't even included the cost of all the paper and pencils I'll need. He's not taking into account price inflation over the long term. If BTC ever cracks a million USD, he'll really regret not squeezing every last bit of hashrate he can now.
Author here; I was surprised to see this on HN today. Let me know if you have any questions!
Author here. I don't know why this showed up on HN, but I can answer any questions...
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