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myarbrough@oreilly.com 2014-11-18 07:43:29 -08:00
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@ -906,7 +906,7 @@ Let's look at the pattern "1Kids" as a number and see how frequently we might fi
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As you can see, Eugenia won't be creating the vanity address "1KidsCharity" any time soon, even if she had access to several thousand computers. Each additional character increases the difficulty by a factor of 58. Patterns with more than seven characters are usually found by specialized hardware, such as custom-built desktops with multiple((("Graphical Processing Units (GPUs)"))) Graphical Processing Units (GPUs). These are often repurposed bitcoin mining "rigs" that are no longer profitable for bitcoin mining but can be used effectively to find vanity addresses. Vanity searches on GPU systems are many orders of magnitude faster than on a general-purpose CPU.
As you can see, Eugenia won't be creating the vanity address "1KidsCharity" any time soon, even if she had access to several thousand computers. Each additional character increases the difficulty by a factor of 58. Patterns with more than seven characters are usually found by specialized hardware, such as custom-built desktops with multiple((("graphical processing units (GPUs)"))) graphical processing units (GPUs). These are often repurposed bitcoin mining "rigs" that are no longer profitable for bitcoin mining but can be used effectively to find vanity addresses. Vanity searches on GPU systems are many orders of magnitude faster than on a general-purpose CPU.
((("vanity-miners")))Another way to find a vanity address is to outsource the work to a pool of vanity-miners, such as the pool at http://vanitypool.appspot.com/[vanitypool.appspot.com]. A pool is a service that allows those with GPU hardware to earn bitcoin searching for vanity addresses for others. For a small payment (0.01 bitcoin or approximately $5 when this was written), Eugenia can outsource the search for a seven-character pattern vanity address and get results in a few hours instead of having to run a CPU search for months.