Position: Home page » Bitcoin » Why is bitcoin mining

Why is bitcoin mining

Publish: 2021-05-12 12:45:42
1.

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

2. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips:
1. The above information is for reference only, without any suggestions
2. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
response time: February 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
3.

Starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique

why use graphics card to mine

compared with the complex computing of CPU, GPU used by graphics card is used for general computing. So it can stack hundreds of stream processors awesome. Each stream processor is like a small CPU. Although its ability to run complex programs is far from the power of CPU, it can not support many processors, so the actual performance, especially the single precision floating point performance is much stronger than that of CPU. p>

the actions in bitcoin can be considered as the use of graphics card to do continuous general computing, and the computational complexity is relatively low and quite repetitive. The stream processor used by graphics card is just suitable for such an algorithm. It's like constantly solving equations. The graphics card is 2000 middle school students, while the CPU is 8 math doctors. Although the mathematical knowledge of the doctor of mathematics is far more than that of the middle school students, the speed of solving medium-sized equations such as virtual currency is certainly not as fast as that of 2000 middle school students

so we used graphics card to mine virtual currency at the beginning. After that, someone developed a specific algorithm to make the stream processor of the graphics card greatly strengthen the virtual currency solution, which is the origin of the mining machine

4. Mine distribution
scene name monster grade mineral name / grade mineral name / grade mining skill grade
Wuliang 1-10 copper mine / 1 -- 0
Jiange 1-10 copper mine / 1 -- 0
Dunhuang 9-16 copper mine / 1 -- 0
Jinghu 9-16 copper mine / 1 -- 0
Songshan 15-21 copper mine / 1 -- 1
Taihu 15-21 copper mine / 1 -- 1
Xihu 20-26 copper mine / 1 iron mine / 21
Erhai Lake 25-31 iron ore / 2 silver ore / 3 2
Yannan 30-36 silver ore / 3 cold iron ore / 4 3
Longquan 35-41 cold iron ore / 4 gold ore / 5 4
Cangshan 40-46 gold ore / 5 basaltic iron ore / 6 5
Yanbei 45-51 basaltic iron ore / 6 crystal ore / 7 6
Wuyi 50-56 crystal ore / 7 jadeite ore / 8 7
Shilin 55-61 jadeite ore / 8 Zhenwu ore / 9
Caozhou 60-66 Zhenwu ore / 9 Longxue ore / 10 9
Meiling 65- 71 Longxue mine / 10 10

herb distribution
scene name monster level herb name / level herb name / level herb name / level herb picking skill level
Wuliang 1-10 white Ying / 1 Pollen Typhae / 1 0
Jiange 1-10 white Ying / 1 Pollen Typhae / 1 0
Dunhuang 9-16 white Ying / 1 Pollen Typhae / 1 0
Jinghu 9-16 white Ying / 1 Pollen Typhae / 1 0
Songshan 15-21 white Ying / 1 Puhuang / 11
Taihu 15-21 Baiying / 1 Puhuang / 11
Xihu 20-26 Chuanbei / 2 Yuanhu / 22
Erhai 25-31 loquat / 3 licorice / 3 honeysuckle / 3 3
Yannan 30-36 Scutellaria / 4 wolfberry / 4 Chenxiang / 4
Longquan 35-41 Eucommia ulmoides / 5 Atractylodes lancea / 5 Fuling / 5
Cangshan 40-46 Fangfeng / 6 Elsholtzia / 6 Huanglian / 6
Yanbei 45-51 Danggui / 7 Guixin / 7 Xiangfu / 7 Wuyi 50-56 Huoxiang / 8 huishencao / 8 Shouwu / 8 8
Shilin 55-61 Cordyceps sinensis / 9 Solanum nigrum seed / 9 9
grassland 60-66 Xiangbei / 10 ginseng / 10 10
Meiling 65-71 Ganoderma lucim / 11 xunccao / 11
Yuxi 70-76 Lianzi / 12 kumuchun / 12
Liaoxi 75-81 Lianzi / 12 kumuchun / 12
Nanhai 80-85 Lianzi / 12 kumuchun / 12
Nanzhao 84-89 Lianzi / 12 drywood spring / 12
Chang 88-93 Lianzi / 12 drywood spring / 12
Qiongzhou 92-97 Lianzi / 12 drywood spring / 12
miaojiang 96-101 Lianzi / 12 drywood spring / 12
Huanglong 100-105 Lianzi / 12 drywood spring / 12
5. Mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network. This process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary

mining is a proof mechanism.
6. Bitcoin is a kind of virtual currency. The process of mining by mathematical calculation is the process of continuous calculation. Due to the complexity of the algorithm, it needs to try many times and consume a lot of computer resources. The faster the computer is, the more results can be obtained. Usually, it uses high-speed computers, which also consumes a lot of power. Mining expenses are the investment of a large number of advanced computers and the purchase of special computing software And high electricity bills
7. Why don't you dig???????????
Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750