By Sal Cangeloso on April 30, 2013 at ExtremeTech.com
Look on my works, ye Mighty, and despair! I have mined a Bitcoin. This was not much of an accomplishment a year or two ago, but in 2013, after the infamous early-April peak at $260, unearthing a Bitcoin is no easy task. Competition is on the rise and we are getting close to the end of the good ol’ days of Bitcoin; the time when a desktop computer
or two have any real mining capabilities.
Everyday gaming rigs, which could once mine hundreds of BTC a month, are now only good for a coin or two when working for a huge mining pool. As competition increases, difficulty ramps up, and ASICs become available (hey, it could happen!) these Radeon-powered machines will have little to no impact, spending more on power than they earn mining. That day hasn’t come quite yet though, and I’ve used the resources I have available to me to mine an actual, real-life (well, real-on-the-internet) Bitcoin.
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