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Why did BTC dig

Publish: 2021-04-10 22:01:52
1. mining is actually competing for the right to pack in the block
as tens of thousands of miners compete for the right to pack, the probability of a single miner seizing the right to pack is very small, and the output is very unstable. It is possible to grab the right once an hour or not once a year
in order to stabilize the mining output, miners often choose to join the mining pool. The mining pool integrates the computing power of a large number of miners and occupies a certain share in the total computing power of the whole network, so as to obtain a more stable mining output. After charging 2% ~ 4% of the pool handling charge, the output is distributed to the miners according to the miners' computing power
it's just like that it's hard for one person to win the lottery, so the mine pool organizes many people to buy the lottery together, and after winning the lottery, they are distributed to everyone according to the amount of contribution.
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. 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
4. 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.
5. Dismantling and selling equipment to rece losses
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. You said that was a long time ago. High configuration computers have strong computing power. Now mining needs professional mining equipment. I feel that you don't know much about bitcoin. Let me popularize the knowledge of bitcoin. You can go to bitcoin home for more information

bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system

bitcoin is proced by mining. Mining is the 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.
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