The Bitcoin Pizza Guy Did More Than Trade BTC for Pizza 🍕
Everyone has heard the story of the Bitcoin Pizza Guy, but few know about his other legendary achievement!
On May 22, 2010, he traded 10,000 BTC for two pizzas. Today, they’d be worth $825 million.
But few people know that he was also the first person in the world to mine Bitcoin using a GPU.
Before him, everyone mined using only CPUs.
His computing power grew so quickly that he even caught Satoshi Nakamoto’s attention.
Satoshi sent him an email specifically urging him to slow down, for a very clear reason:
GPU mining could quickly concentrate newly mined coins in the hands of a small number of people.
People remember the pizza, but the reflections on computing power and fairness from that time are even more worth revisiting.
$BTC
Everyone has heard the story of the Bitcoin Pizza Guy, but few know about his other legendary achievement!
On May 22, 2010, he traded 10,000 BTC for two pizzas. Today, they’d be worth $825 million.
But few people know that he was also the first person in the world to mine Bitcoin using a GPU.
Before him, everyone mined using only CPUs.
His computing power grew so quickly that he even caught Satoshi Nakamoto’s attention.
Satoshi sent him an email specifically urging him to slow down, for a very clear reason:
GPU mining could quickly concentrate newly mined coins in the hands of a small number of people.
People remember the pizza, but the reflections on computing power and fairness from that time are even more worth revisiting.
$BTC