Over the course of the day, light intensity can vary by 10 billion-fold, but a retinal ganglion cell’s spike rate can change only by 100-fold. To cover the huge intensity range, two fundamentally different retinal circuits are required: a cone bipolar circuit for transmitting graded photoreceptor signals and a rod bipolar circuit capable of transmitting binary signals. By using gap junctions, the two circuits can share key neural elements. Such an efficient use of circuitry is critical in a neural tissue that is constrained to be thin and transparent.