Submission + - Mining Bitcoin with pencil and paper
ndato writes: Ken Shirriff decided to see how practical it would be to mine Bitcoin with pencil and paper. 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.
Doing one round of SHA-256 by hand took 16 minutes, 45 seconds. At this rate, hashing a full Bitcoin block (128 rounds) would take 1.49 days, for a hash rate of 0.67 hashes per day.
Doing one round of SHA-256 by hand took 16 minutes, 45 seconds. At this rate, hashing a full Bitcoin block (128 rounds) would take 1.49 days, for a hash rate of 0.67 hashes per day.