The Evolution of Mining

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. This is the second part in a 4 part series discussing the current state of bitcoin mining: What is bitcoin mining? The evolution of mining Current ASIC Hardware Bitcoin mining – public companies There have been four significant phases of mining since Bitcoins inception on January 3rd, 2009: personal computer’s processors (CPU), graphics cards (GPU), programmable cards (FPGA), and ultimately fully customized circuits (ASIC). We’ll discuss these in context of the bitcoin eco-system, and as a preface for our next two sections on ASIC hardware …