drgo on Nostr: Not entirely wrong. First cycle was a bit shorter, not by a whole year, and it ...

Not entirely wrong. First cycle was a bit shorter, not by a whole year, and it wasn’t all gpu’s. Example: the first slashdotting event brought big influx of new users and cpu mining difficulty pinned the difficulty adjustment meter (I was a successful solo miner back then, finding 4 blocks in the roughly 12 hrs before difficulty adjusted).