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[Computing] - Linus exposes Nvidia's dirty little secret when it comes to cryptocurrency miners versus gamers
- Thread starter UltimaOnline
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Electricity bill for this bitcoin mining setup : US $1 million per month
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Laszlo Hanyecz didn’t expect to make history when he ordered two large pizzas from Papa John’s in May 2010, but man did he.
Hanyecz paid for his pizzas with bitcoin in what’s believed to be the first transaction using cryptocurrency to pay for a product.
At the time, each bitcoin was worth less than a penny … about $0.003 to be specific. The pizzas cost about $30, so Hanyecz needed 10,000 bitcoins to pay for them.
You can see where this is going.
More than a decade later, the world’s first cryptocurrency is also the largest — worth more than $19,000 each.
So … that $30 worth of bitcoin Hanyecz used to buy two pizzas would now be worth more than US $190 million.
https://www.nasdaq.com/articles/a-$...how-bitcoin-made-that-possible-...-2020-12-02
Hanyecz paid for his pizzas with bitcoin in what’s believed to be the first transaction using cryptocurrency to pay for a product.
At the time, each bitcoin was worth less than a penny … about $0.003 to be specific. The pizzas cost about $30, so Hanyecz needed 10,000 bitcoins to pay for them.
You can see where this is going.
More than a decade later, the world’s first cryptocurrency is also the largest — worth more than $19,000 each.
So … that $30 worth of bitcoin Hanyecz used to buy two pizzas would now be worth more than US $190 million.
https://www.nasdaq.com/articles/a-$...how-bitcoin-made-that-possible-...-2020-12-02
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