Where to check BTC computing power
The following is the distribution chart of computing power:
the computing power of bitcoin is mainly controlled by some mine owners in the world, and the computing power of retail investors is very small, almost negligible. The computing power of China's mining pool even accounts for more than 80%, and China's voice is increasing
however, many digital currencies no longer need to be mined. Some digital currencies will be directly sent to investors through ICO, and Puyin is one of the representatives, but these digital currencies generally correspond to real assets
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
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
BTC means bitcoin
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if you want to see the data of the exchange, you can see it in the exchange you purchased, such as coin an, bitfinex
but if you want to see the market of the whole network, you can use coinsmart, aicoin and other market tools
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 the computer's 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 the so-called proof of work mechanism (POW)
recently, bitcoin's network computing power has entered the era of P computing power (1P = 1024t, 1t = 1024g, 1g = 1024m, 1m = 1024k). In the ever-increasing computing power environment, the arrival of P era means that bitcoin has entered a new stage of arms race
computing power is a measure of the total computing power of the unit that generates new blocks under certain network consumption. The single blockchain of each coin varies with the time required to generate a new transaction block.