What currency does the bitminers alliance have
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
It's about 37 yuan
let me first introce the reward mechanism of bitcoin system
bitcoin can basically dig out a block every 10 minutes through system settings. The reward for each block is given to the miners who dig out the block. The miner who digs out the block is called the block miner. The block miner will record the legal transactions in the bitcoin network to the blockchain, so that the miner can receive the service charge for bookkeeping
there are two parts in the reward for the block Miner: one part is the reward given by the system, which is called coinbase reward (also known as system issuance reward), the other part is the reward for bookkeeping, which is called miner's fee. The coinbase reward started with 50 bitcoins. For every integral multiple of 210000 blocks, the coinbase reward will be halved. This is what we often hear about bitcoin mining reward halved in four years
at the present stage, the reward of coinbase is 12.5 bitcoins. At the present stage, the average transaction miner fee received by miners for digging out a block is about 0.1 bitcoin (not fixed), that is to say, the average reward received by miners for digging out a block is about 12.6 bitcoin
about 99% of miners' rewards come from the system's coinbase rewards. According to the bitcoin system, one block can be g out every 10 minutes on average. The number of new blocks that can be g out in one day is 144 (60 * 24 / 10 = 144). At present, the number of bitcoins that can be g out every day is 1800btc (144 * 12.5btc = 1800btc). With the miner's fee of about 0.1btc per block, the total reward for all miners in one day is about 1814.4btc

Bitcoin mining is a process that uses computer hardware to calculate the location of bitcoin and obtain it
mining is an incentive process to record data in the bitcoin system. In the bitcoin system, indivial users have the right to pack blocks after calculating a specific hash value by using CPU or GPU to hash
and in order to reward this user for packing blocks, the system will give a certain amount of bitcoin as reward. Because this process is very similar to "mining" in real life, most people call this process mining. In addition to bitcoin, other electronic virtual currencies can also be obtained through mining rewards, such as Ethereum, Monroe and so on
extended data:
mining risk:
1, currency security
the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin
2, system risk
system risk is very common in bitcoin, and the most common one is bifurcation. Bifurcation will lead to a drop in currency price and a sharp drop in mining income. However, many cases show that the forking will benefit the miners, and the forked competitive currency also needs the miners' computing power to complete the minting and trading process. In order to win more miners, the competitive currency will provide more block rewards and handling charges to attract miners. Risk makes miners
the following are several well-known bitcoin forums
domestic:
Avalon official forum: it mainly discusses Avalon mining machine, and Avalon will also timely announce the latest news and progress of Avalon mining machine
bitcoin house: a comprehensive bitcoin forum. Bitcoin house is not only a forum but also an information station. You can not only participate in the discussion and interaction, but also view the latest instry information of bitcoin
foreign:
bitcointalk is the largest bitcoin Instry Forum in the world. Some instries will make complaints about it.
reddit bitcoin area, equivalent to China's internet post bar, is more active and has less restrictions on posting.
Bitcoin is actually a virtual currency. When bitcoin first appeared, if you want to get bitcoin, you have to get bitcoin through mining. Therefore, bitcoin mining appeared. But bitcoin mining is more and more difficult, so it is very difficult to get bitcoin now
so now many people use Haru miner digs Ethereum, Monroe and other virtual coins. Most importantly, BTC can be directly equivalent in the end

Although many investors know nothing about bitcoin mining, they still can't resist the temptation of bitcoin price and plan to invest in the mining army. So if you also want to mine, I believe you will have a question in your heart: "what is a bitcoin miner? What is the principle of bitcoin mining machine? " To solve this problem, let's remember some popular science today
origin of bitcoin
to fully understand the origin of bitcoin, we have to mention the existing financial system
bitcoin mining machine specially used for mining. The popular digital currencies in 2013 include bitcoin, Leyte coin, zeta coin, pennies (Internet), invisible gold bar, red coin, pole coin, BBQ coin and prime currency. At present, hundreds of digital currencies are issued all over the world
with the orderly implementation of cashless society, banknotes will inevitably disappear in the long river of history with the passage of time. The future digital currency is believed to be similar to bitcoin, but it is by no means a limited supply. But when the human ability to proce wealth can be completely matched by the computing power of the computer, the issuing speed of e-money is directly proportional to or slightly exceeds the computing speed of the computer to create moderate inflation. In the future, while mining, it is also creating value rather than wasting electricity. In the end, the small changes in proctivity of digital currency match the difficulty of computing power, which may be the final form of human currency
1. has gone through 17 years of super big bull market, and it has been in the stage of digestion for the past 3 years.
after leeks have been cheated for countless times, they are more cautious about new projects. The era when a white paper and an official website can earn money is gone forever
2. Blockchain projects are difficult to implement, and there is no physical support
in the currency circle, no matter what projects are blown to the sky, unlike instry, which has no sustainable hematopoietic capacity, it can only end up with zero
3. All model currencies are Ponzi schemes
mode money, not to mention, all models are pyramid pyramid selling models, which reward the first arrivals with the money of the latecomers, and the bigger the bubbles, the collapse is only a matter of time.
is it true that the coin circle is so dead that there is no hope? If you really want to start a new craze in the currency circle, the top 3 problems must be overcome. That is to say, if there is a project that can control risks without bubbles and have physical support, without pyramid schemes, it will be a long and steady way to make money.
before that, some people would surely say that the purpose of the state's strong support for real enterprises is to revive the economy after the epidemic. However, in reality, it is difficult for entities to continue, let alone blockchain projects. As a result, I noticed a project called Forbes. After studying the white paper, I suddenly felt that it was like discovering a new continent. Unlike any project I have ever seen, this project has perfectly realized the above vision! Let's explore it with curiosity and see what kind of immortal project it is< First of all, Forbes project is zero fund-raising. Note that there is no fund-raising at the beginning, which eliminates the possibility of money collection. Before the launch of Forbes project token GFS, there was only bitcoin mining business at the beginning. It seems that bitcoin mining can't be achieved with eight strokes. What does this have to do with the project itself? We'll explain later. Let's talk about the mining business first. Forbes first launched the "miner's Union Plan". If you want to participate, you only need to pledge the deposit to purchase the computing power or mining machinery, and you can continue to obtain the mining income. Pay attention to why the project risk is controllable. The key points are as follows:
1. The deposit is returned daily for a period of one year through the smart contract
the smart contract is deployed on Ethereum, the deposit usdt is returned every day, and the smart contract is open source, which ensures that the principal can be recovered 100% regardless of the outcome of the project
2. Mining income can be withdrawn every day
the income from bitcoin mining will also be automatically converted into stable currency, which can be withdrawn every day, so that we can make steady money
3. Physical bitcoin mine pool support, field investigation
the reason why the project is supported by entities is that 100% of the deposit pledged by users is used to buy bitcoin mining machines. Forbes cooperates with global head mine bitmainland, and the mine can be inspected at any time
in this way, in the early stage of Forbes project, users can earn mining profits almost without risk by participating in bitcoin mining through 100% deposit return. If it's just mining, Forbes is not enough to have a big impact on the coin circle. After all, there are two problems: one is that the cycle is too long, and the other is that there is no promotion mode. Although the model coins of the 19-year-old fire all ended in collapse, the reason for the fire was that there was a model to see how Forbes broke the game< Second, the static and dynamic al mode, the fuse is on the verge of firing
as mentioned above, the payback cycle of the deposit for the purchase of mining machinery is as long as one year, so many people may be deterred. Forbes has designed two models. If you don't do anything after you buy a miner, you can only make money slowly through the daily deposit released and the income generated. At present, the annual income is about 180%. This is called static model. If you want to make money quickly, Forbes has designed a dynamic model
in dynamic mode, it is divided into three moles
1
in the mining area, if there is a wet season, the income of mining will increase, so Forbes often launch this activity in the wet season. 10% of the deposit of the first single miner directly pushed by users was released immediately. For example, if I bought a 1000u miner, originally the 1000u deposit was released for one year, but if I recommend five people to buy the miner, and all the five people bought the 1000u miner, then 10% of the total amount of the deposit, that is, 500U, can be released immediately. In this way, I can promote 5 people at most and get back half of the book immediately
in addition, it should be noted that the funds released here are the sum of deposit and income, not only deposit
2. Direct promotion increased the release by 20%, and indirect promotion increased the release by 10%
this is very easy to understand. Take my purchase of 1000u miner as an example. When it's not promoted, the deposit plus mining revenue will release about 7U every day. If one person directly pushes and the person buys 1000u mining machine, then I will increase the release money by 20%, which is 1.4u. If the person directly pushes and the person also buys 1000u mining machine, then it belongs to indirect promotion. I can increase the release money by 10%, which is 0.7u, My daily release amount is 7U + 1.4u + 0.7u = 9.1u. The more you push, the faster you release. That's the mechanism
3
the so-called trade union refers to other performance areas beyond the maximum performance line under the umbrella, because I am the recommender of all the people under the umbrella, so I am the president. In order to encourage users to work as trade unions, leaders of different levels of trade unions can get different levels of release rewards. For example, if I only need the total capital of direct push and indirect push to reach 50000 u, I can become a V1 Union. Then 12% of the total revenue of bitcoin g up in the whole network will be equally distributed to all V1 union presidents for release, and so on
in the promotion mode of Forbes, all these promotion rewards are only the release of your principal and income, not the next fund. This is different from other MLM project core elements
that is to say, it would take a year to release the principal and mining income without doing anything, but if I carry out promotion, it can greatly increase the speed of cost recovery and income generation. When the promotion reward reaches the sum of the deposit and income, the promotion reward is no longer effective
some people may say that it's not worthwhile for me to work hard to build such a huge community just for the principal and 180% of the annual income from mining. In fact, when the deposit and income are all released, you can choose to reinvest again, so that the promotion reward has been released
some people will ask again, the income of bitcoin mining is uncertain every day, why is the release associated with the expected future income? Forbes expects that the annual income of mining bitcoin will reach 180%, which is much higher than that of other mines. Where does the capital come from
it is very important to explain this problem, because Forbes is a pure entity and no foam project, so there can be no Ponzi scheme.
1. As the project has its own promotion mode, once it is started, the ore pool will grow rapidly, so the huge size of the ore pool will have a strong base to follow the price of the power plant. Generally, the electricity cost of the mine pool may be more than 0.35, while the electricity cost of Forbes can save a lot
2. With the support of the world's top mines, the more mining machines purchased, the less marginal cost. Therefore, the cost of mining machines is actually lower than the average cost of all users, and this cost difference is also one of the benefits
3. Forbes has set up a "mine pool fund", which uses 20% of the income of the whole network mining output to enter the fund pool. This fund is used for special purpose, and will continue to buy mining machines to expand the income, so the project has the ability of sustainable hematopoiesis
Third, the overall situation of Forbes, the final project vision to achieve distributed finance
the meaning of a drunken man is not wine. It would be a big mistake to think that Forbes is just a new exploration of mining mode. What the project really wants to achieve is the implementation of cross chain technology and the first echelon of distributed finance
"Forbes miner alliance" is only the first step. With the main network going online, many nodes are gathered through mining, and the ecology will suddenly have a place to play, which is invincible. As we all know, the most popular blockchain concept is difi (distributed Finance), which is also the field that Ethereum 2.0 will go deep into in the future. What Forbes really wants to build in the future is to win the crown of decentralized finance and become the "UnionPay" of the coin circle
when the Forbes mine pool matures, Forbes will launch the main network and token GFS, and the output of GFS can only be obtained by purchasing the exclusive miner. Since participating in the early bitcoin mining is also equivalent to making contributions to the node ecology, ring the miner alliance period, users can choose to convert the mining income into GFS certificates, and after the main network line, they can map the main network token one by one. If you are optimistic about the future of GFS, the exchange of mining income into GFS voucher in advance is also an option to expand the income
of course, that's the same thing. Forbes project is real, real landing, zero risk, no bubble. Different from other deceptive projects, the income will be forced to be converted into a project token. Users can freely choose to convert mining income into GFS, and they can also freely choose to purchase GFS mining machines in the future. If you are not optimistic about the Forbes project, it doesn't matter. It's good to make money safely from bitcoin mining. After all, everyone has different perceptions and different risk tolerance
for me, such a solid project is hard to see in the currency circle. Forbes is not only real, but also does not adhere to the traditional entity mining, and the innovative introction of no foam promotion mode. It can be predicted that this mode is sustainable development, and even I look forward to challenging the top mines of bitcoin. The earlier I participate, the more I can eat meat. This is the essence of my participation in many projects. My mining income is almost converted into GFS certificate for the first time. After all, the Forbes project has just set sail, facing a vast ocean to be developed.
