I’m counting down the 2010s in Bitcoin. This is the story about 2010 in Bitcoin.
Back in 2010, users could mine bitcoins with CPUs, meaning they could mine the digital currency on their home computer. The first block mined with a person using GPUs happened in July 2010. In February that year, discussion on BitcoinTalk pondered what the Bitcoin currency symbol should look like, with a user on BitcoinTalk suggesting the thai baht be used.
While that suggestion met resistance from within the community, it historically has been used, if only because it was an easy-to-use alternative on platforms like WordPress, etc. In 2010, during which Bitcoin notably reached .30 cents per coin, users who wanted to buy bitcoins had to send money through PayPal or Western Union, for instance, and hope they weren’t defrauded.
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