A brief history of bitcoin mining hardware

The Next Web
Feb 2, 2018 · 4 min read
Photo: Marco Krohn

By Tristan Greene

Bitcoin mining was once nothing more than a lucrative hobby for nerdy cryptocurrency enthusiasts. The only hardware required, in the beginning, was a simple computer. Things have changed a lot in less than 10 years.

In 2009 the first bitcoin miners used standard multi-core CPUs to produce BTC at a rate of 50 per block. If you had a couple…