I think he has a GPU that was on back order for nearly a year that finally arrived last month. I don't know if he is mining any other digital currency or not, I should tell him to diversify and get some of all of the good ones
Etherium is good - the last time I paid any attention to it.
When BTC was new, I mined 24 of 'em. I forgot all about it and replaced the computer. Fortunately, I still had the drive. As I said, I'd forgotten that I'd even mined them. The price hit like $600 and I decided to dig the drive out and recover my wallet. I didn't want to deal with the taxes on them, so I donated them to EFF. By the time I donated them, the price had dropped to like $400 each.
The Internet tells me that BTC is currently worth $49,879.42...
I gave 24 of them away.
Yeah, I remember back when I first learned of BTC they were like 10 cents.
The first known BTC transaction for material goods in the real world:
>On a bitcoin forum, he offered 10,000 bitcoins to anybody who would buy him a pizza. Today that’s worth about $5 million at current prices, but back then it was worth about $60. Hanyecz figured that was enough for two pies and compensation for somebody’s time.
He finally found a taker, another coder living in the U.K., who called a Papa John’s in Jacksonville, placed the order, and paid with his credit card. Hanyecz sent over the 10,000 bitcoins, and a somewhat confused deliveryman showed up at his door with two pepperoni pizzas. “Pizza delivery from London,” he said in an unsure voice. Hanyecz left the offer open, and bought several more pies.
The numbers are wrong. It's from 2014.
Today, that would be $498,794,200...
(post is archived)