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A bitcoin unit of power

Publish: 2021-04-29 10:24:04
1.

The total number of bitcoins is 21 million

in 2009, when bitcoin was born, block reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25

when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million

extended data

monetary characteristics

1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom

2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself

4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution

5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay

6. Cross platform mining: users can explore the computing power of different hardware on many platforms

2.

Bitcoin mining machine is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card, which consumes a lot of power. It is one of the ways to get bitcoin that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server

mining is actually a competition of performance and equipment, and a competition of computing power among miners. Miners with more computing power are more likely to dig bitcoin. With the increase of computing power in the whole network, it is more and more difficult to dig bits with traditional devices (CPU, GPU). People have developed chips specially used for mining. Chip is the core part of mining machine. The process of chip operation will proce a lot of heat, in order to cool down, bitcoin miner is generally equipped with heat sink and fan

< H2 > extended materials:

bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce

bitcoin mining started with low-cost hardware such as CPU or GPU, but with the popularity of bitcoin, the mining process has changed greatly. Nowadays, the mining activities are transferred to the field programmable gate array, and the hash speed can be achieved through optimization. The mining efficiency of this mode is very high

3.

Computing power is a measure of bitcoin network processing power. That is, the speed at which the computer calculates the output of the hash function. Bitcoin networks must perform intensive mathematical and encryption related operations for security purposes. For example, when the network reaches a hash rate of 10th / s, it can perform 10 trillion calculations per second

in the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on computer random hash collisions. How many hash collisions can a mining machine do per second is the representative of its "computing power", and the unit is written as hash / s, This is called workload proof mechanism pow

< H2 > extended data

computing power provides a solid foundation for the development of big data, and the explosive growth of big data poses a huge challenge to the existing computing power. With the rapid accumulation of big data in the Internet era and the geometric growth of global data, the existing computing power can no longer meet the demand. According to IDC, 90% of the global information data is generated in recent years. And by 2020, about 40% of the information will be stored by cloud computing service providers, of which 1 / 3 of the data has value

therefore, the development of computing power is imminent, otherwise it will greatly restrict the development and application of artificial intelligence. There is a big gap between China and the advanced level of the world in terms of computing power and algorithm. The core of computing power is the chip. Therefore, it is necessary to increase R & D investment in the field of computing power to narrow or even catch up with the gap with the developed countries in the world

unit of force

1 KH / S = 1000 hashes per second

1 MH / S = 1000000 hashes per second

1 GH / S = 1000000000 hashes per second

1 th / S = 100000000000 hashes per second

1 pH / S = 100000000000 hashes per second

1 eh / S = 100000000000 hashes per second

4. Computing power refers to computing power. In the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on computer random hash collisions. How many hash collisions can a mining machine do per second is the representative of its "computing power", Unit is written as hash / s, which is the so-called workload proof mechanism pow (proof
of
work)
What does 1p mean
first of all, 1p computing power is equivalent to about 1.05 million g, which means that if you have 1g computing power of the whole network, you can get almost 1.05 million of bitcoin output of the whole network. According to the output of 3800 bitcoins per day, we can see that the daily income of 1g of computing power has dropped to 0.0036 bitcoins, which is about 2.7 yuan according to the current market price. If the electricity cost and mining machinery hardware cost are included, the profit is almost gone
secondly, 1p's whole network computing power seems amazing, but in fact, in a year's time, you will think it's just a pediatrics, because cointera will launch 2p miner in December, and bitmine will launch 4P miner in March next year. If these companies are not put in biochemical weapons by Syria, it should be expected that bitcoin's whole network computing power will reach more than 10p in a year's time, By then, 1g of computing power will only be able to dig 0.00036 bitcoins a day.
5.

computing power refers to computing power, refers to that in the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on computer random hash collisions. How many hash collisions can a mining machine do per second, is the representative of its "computing power". The unit is written as hash / s, which is the so-called proof of work mechanism (POW)

6.

Bitcoin is a kind of network virtual currency. Bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system. Assuming that the mining computing power is 100 mhash / s and the total computing power is 4000 ghash / s per day, 3600 bitcoins can be g out every 24 hours

China's computing power has accounted for more than 75% of the world, that is to say, 75% of bitcoin in the world is made in China. How long does it take to dig a bitcoin

bitcoin used to be very good at "digging", which can be done by ordinary computer CPU, and it can automatically "solve problems" by downloading software. But with the rise of currency price, more and more people want to "solve the problem", and the difficulty of mining is also increasing. Now, the amount of computation needed to dig a bitcoin is beyond the reach of ordinary people. Ordinary computers can't afford it

instry insiders said that in 2014, 100 bitcoins were generated from 500000 yuan of electricity charge per day, and the cost of electricity charge alone was 5000 yuan per coin. But now, the same cost has more than doubled, and the electricity cost of each bitcoin is as high as 10000 yuan

in the generation mechanism of bitcoin, mining reward is decreasing. At the beginning of the birth of bitcoin, the miners could get 50 bitcoins for each page of the ledger, and then 25 bitcoins for each page of the ledger, decreasing in turn. It's like digging gold. At first, it's more and less. The time point at which each new reward is reced by half is called half bitcoin proction

assuming that the mining computing power is 100 mhash / s, the total computing power is 4000 ghash / s per day in 2014, and 3600 bitcoins are g out every 24 hours

now, we can understand the difficulty of bitcoin digging in this way, which is equivalent to 100 million dice throwing numbers less than 100 million and 50 million. Whoever throws them first will get the bookkeeping right. At this point, 1050 million is a hash value. The process of throwing dice is called hash collision. The unit of mining power is the number of hash collisions per second

at present, the computing power of bitcoin in the whole network has reached 2.36 billion hash collisions per second, which is equivalent to the number of water droplets in more than 200000 50 meter long standard swimming pools. But even with such a large amount of computing power, it will take about 10 minutes to hit a hash value that meets the requirements

in 2012, bitcoin's output was halved for the first time, and in July 2016, bitcoin's output was halved for the second time. At present, 12.5 bitcoins are awarded for recording one page of account book. The next halving will take place around 2020, and the total number of bitcoins will not increase by 2040, with a total of 21 million

Related videos: how long does it take to dig a bitcoin

7. It is often said that you can send bitcoin to any corner of the earth for free. Generally, you can transfer bitcoin for free, but in some cases, you have to pay transaction fees to complete the transfer. In version 0.8.3 bitcoin wallet, the default is 0.0001 bitcoin transfer fees. This service charge is awarded to miners to encourage them to continue mining and provide enough computing power for bitcoin to ensure the security of bitcoin network. At present, the main income of miners is to get 25btc reward by creating new blocks, but this reward is halved every four years. As time goes on, bitcoin transaction fee reward will graally replace the reward for creating new blocks. Under what circumstances do you need to pay the handling charge? How much does bitcoin charge? What is the handling charge? Bitcoin system has a series of network rules, including fee rules, which are "what the client should do". When you use bitcoin client (wallet, bitcoin QT) to send bitcoin, the whole process is roughly divided into the following steps:
1. Prepare the bitcoin you want to send. The client is responsible for collecting the balance of bitcoin in your wallet (bitcoin QT) to prepare for payment, because every bitcoin you receive is stored in your wallet until you spend it. If you receive two payments from 3btc and 2btc, their records in the wallet are independent of each other, that is, a 3btc and a 2btc, rather than merging them into 5btc (the wallet only records transaction details and does not merge the balance, but you can see the total balance on the interface of the wallet). As time goes on, many bitcoins of different amounts will accumulate in your wallet, So when you send bitcoin, the wallet has to decide which bitcoin is the most suitable for this sending. The bitcoin you get in a transaction is called "inputs" and the bitcoin you spend is called "outputs". There are multiple inputs and outputs in your wallet
2. If your outputs are less than 0.01btc (including the fund changes inside your wallet), you have to pay a handling charge of 0.0001, even if you transfer it to yourself. The wallet has an established rule when preparing your payment amount, that is, when preparing the payment amount in many inputs, try to avoid the amount change less than 0.01btc (for example, if you want to pay 5.005btc, the wallet should choose 3 + 2.005 or 1 + 1 + 3.005 instead of 5 + 0.005)
3. The larger the amount, the higher the age, and the higher the priority. If the amount you send is too small or your bitcoin has just been mined, then your transfer is no longer free. Each transaction will be assigned a priority, which is determined by the degree of currency, the number of bytes and the number of transactions. Specifically, for each input, the client will first multiply the number of bitcoins by the time they exist in the block (currency age, age), and then divide all the procts by the size of the transaction (in bytes). The calculation formula is: priority = sum (input)_ value_ in_ base_ units * input_ age)/size_ in_ If the calculation result is less than 0.576, then the transaction must pay the handling fee. If you do have a large amount of small input and want to transfer it out for free, you can add a large amount of bitcoin with a large age, which will increase the average priority, so that you can transfer out bitcoin for free
4. Charge per kilobyte. At the end of the transfer, the client will detect the size of the transfer (in bytes). The size generally depends on the amount of input and output. The calculation formula is as follows: 148 * input amount + 34 * output amount + 10. If the size of the transfer exceeds 10000 bytes, but the priority meets the free standard, you can still enjoy the free transfer, Otherwise, there will be a handling charge. The cost of 1000 bytes is 0.0001btc by default, but you can also add it in the client. Open the tab "settings & gt; Options & gt; The main purpose is to adjust the handling charge. If the service charge you are setting is less than 0.0001, BTC is calculated as 0.0001.
8.


9. Use a hoe to dig iron ore on the black stone in the lower right corner of brown mine entrance
the hoe is on the left side of the light in brown crystal mine entrance
then dig gold ore in brown gold mine cave
finally enter brown crystal mine through the game of Crystal Palace in brown mine entrance. Dig crystal ore on the crystal stone in the lower right corner. The big black stone in the lower right corner of brown mine entrance can be g three times a day, Then go to the Labrang gold mine, and the gold on the right side of the door can also be g three times a day. Then go to the purple stone in the lower right corner of the Labrang crystal mine, and you can also dig three times a day. Hope to adopt
10. This is a composite statically determinate beam, which can be disassembled into two parts. The reaction force acts on the two structures, which is the interaction force. First, study the left structure. According to the balance, it can be concluded that the reaction force is f / 2, then the right structure is also subject to the same force, and the hinge C will have a downward displacement. According to the deformation compatibility, the hinge C on the left will also be downward. The displacement of point a of the left structure is 0 under the ideal constraint, which means WC / 2. In addition, the left structure is also subject to the action of F, so there is no problem with the answer.
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