Famous cryptocurrency industry participants Charlie Shrem, Charlie and Bobby Lee, the Winklevoss brothers, and AnthonyPompliano unearthed photos of their first mining devices and shared their memories for Decrypt material.
More than 11 years have passed since the generation of SatoshiNakamoto Genesis Block Bitcoin. Its subsequent mining was carried out by a handful of libertarians and technical enthusiasts who, by now, have gained fame, wealth, and thousands of subscribers in podcasts and social media profiles.
One of the most valuable photographs depicts the "father" of ASIC devices Yifu Gow in an embrace with Bitcoin entrepreneur Charlie Shrem.
Bitcoin Foundation founder Charlie Shrem passedit’s not an easy way to open the now defunct BitInstant exchange, imprisonment due to money laundering allegations on Silk Road and the subsequent launch of several crypto startups and the launch of the Untold Stories podcast.
The following photo, dated 2011, shows a mining device from Charlie Lee. It depicts six video cards connected to one motherboard through racks.
While working as a Google programmer in October 2011, Charlie Lee created “Digital Silver,” Litecoin (LTC). In December 2017, he completely got rid of his coins at the peak of the bull market.
Charlie Lee's brother, Bobby, was also carried away in those years.Bitcoin mining and founded one of China's first cryptocurrency exchanges BTCC, as well as hardware wallet manufacturer Ballet. Above in the photo, the miner he collected in 2011.
Another characters without whom it is not easy to imagine the cryptocurrency industry, the brothers Tyler and Cameron Winklevoss were interested in mining in 2013, but the main emphasis was on investments.
In 2013, they invested in the first$ 11 million worth of cryptocurrency from a lawsuit with Facebook head Mark Zuckerberg. The Winklevoss brothers initially worked with ShapeShift CEO Eric Voorhees and Charlie Shrem in his BitInstant, but later focused on developing their Gemini bitcoin exchange and the Gemini Dollar stablecoin of the same name.
In bitcoin mining, and in industrialMorgan Creek Digital co-founder Anthony Pompliano is also seen. He started later than previous pioneers, but in 2015 he already had his own mining farm.
At this time, working as a product manager on Facebook, Pompliano started mining bitcoins and Ethereum with his future venture capital partner Jason Williams.
Anthony Pompliano also hosts a popular podcast that bears his name. In one of the latest issues, his guest was the critic of bitcoin billionaire Mark Cuban, who again compared bitcoin with bananas.
About what mining is, why and how cryptocurrencies are mined, as well as what is needed for this, read the special project of ForkLog magazine.