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Famous participants in the cryptocurrency industry Charlie Shrem, Charlie, and Bobby Lee, the Winklevoss brothers, as well as Anthony Pompliano, uncovered photographs of their first mining devices and shared their memories for the Decrypt material.
More than 11 years have passed since the generation of the Bitcoin genesis block by Satoshi Nakamoto. Its subsequent extraction was carried out by a handful of libertarians and technical enthusiasts who, by now, have gained fame, wealth and thousands of subscribers to podcasts and social media profiles.
Charlie Shrem and ASIC inventor Yifu Gow with the second digital gold mining device. Source: decipher
One of the most valuable photos shows the “father” of ASIC devices Yifu Gow in a hug with Bitcoin businessman Charlie Shrem.
Bitcoin Foundation founder Charlie Shrem went a long way with the opening of the now-defunct BitInstant exchange, jailing him on money laundering charges on Silk Road and the subsequent launch of several crypto startups and the launch of the Untold podcast. Stories.
The following photo, dated 2011, shows a Charlie Lee mining device. It represents six video cards connected to a motherboard through racks.
Charlie Lee miner, 2011. Source: decipher
While working as a Google programmer in October 2011, Charlie Lee created “Digital Silver”, Litecoin (LTC). In December 2017, he completely ditched his coins on top of the bull market.
Miner Bobby Lee. 2011 year. Source: decipher
Charlie Lee’s brother Bobby was also fond of bitcoin mining in those years and founded one of China’s first BTCC cryptocurrency exchanges as well as the hardware wallet maker Ballet. Above in the photo, the miner that he collected in 2011.
Winklevoss brothers miner. 2013 year. Source: decipher
Other characters without whom it is not easy to imagine the cryptocurrency industry, brothers Tyler and Cameron Winklevoss were fans of mining in 2013, but the main emphasis was on investments.
In 2013, they invested $ 11 million received from a lawsuit with Facebook boss Mark Zuckerberg in the first cryptocurrency. The Winklevoss brothers initially worked with ShapeShift CEO Eric Vorges and Charlie Shrem on their BitInstant, but then focused on developing their Gemini bitcoin exchange and the Gemini Dollar stablecoin of the same name.
Anthony Pompliano mining farm, 2015. Source: decipher
In bitcoin mining, and on an industrial scale, Anthony Pompliano, co-founder of Morgan Creek Digital, has also been noticed. It started later than the previous pioneers, but in 2015 it already had its own mining farm.
At this time, while working as a product manager at Facebook, Pompliano started mining bitcoins and Ethereum with his future venture capital partner Jason Williams.
Anthony Pompliano also presents a popular podcast that bears his name. In one of the latest issues, his guest was bitcoin billionaire critic Mark Cuban, who again compared bitcoin to bananas.
On what mining is, why and how cryptocurrencies are mined, as well as what is needed for this, read ForkLog magazine’s special project.
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