Although most people know that we now live in a world dominated by ASIC mining hardware, there was a time when GPUs and CPUs could also be used to mine Bitcoins. In fact, some of these less-efficient pieces of hardware can still be used to mine various altcoins that use different algorithms during the mining process. ASICs could also be around the corner for cryptocurrencies based on scrypt, but it’s important to understand the progression of different types of Bitcoin mininer hardware to understand where we are right now.
CPU mining is what started it all. Back in the day, you didn’t even need a powerful graphics card if you wanted to mine some Bitcoins on your laptop. Early versions of Bitcoin mining software allowed users to use their CPUs during the mining process, but it did not take long for them to get knocked out of the…
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