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What does BTC use for mining

Publish: 2021-04-13 05:28:31
1. It doesn't have to depend on the overall performance of the equipment you buy. Some machines have high computing power but high power consumption, while others have high computing power and low power consumption but high price of mining machinery. Take the current Avalon miner as an example: Avalon 2 but mole 1t miner set price is 14000, which can dig 0.1 bitcoin a day, and the power is 1400W. Avalon 2 miner mole (chip frequency 1300mh / s) costs 2200200g computing power, 1000W, and gains 0.02 bitcoin a day.
2. If you use your computer to mine, it is suggested that you give up. It is estimated that you can't play for a few years. The era of CPU and GPU mining is over. If you want to mine, it is suggested that you buy professional ASIC mining machine to mine. At the same time, you must join a mining pool

if you are a retail investor and don't know the technology, it is not recommended that you buy mining machines for mining, because the profit of mining by retail investors is very low. If you are trapped by mining machine manufacturers, you can never get back the cost. If you want to experience it, I suggest you buy Avalon 3 single-mode miner, the overall performance is good. Of course, if you have abundant funds and the ability to arrange the mole cluster, because of the scale effect, the income is still very objective, you can buy Avalon 3 to set up your own mole cluster miner

there are risks in mining, so you need to be careful in purchasing machine!
3.

Mining needs high-end graphics card, mining equipment is the first to eliminate NV graphics card. Mining must be done with graphics cards. The overall structure of mining equipment and ordinary PC machine is different is the number of graphics cards. You can install four or eight through pic extension

  • after expansion, an expansion shelf needs to be made. To fix the graphics card and other equipment, we need to get some fans on the shelf to cool the graphics card

  • CPU is not very important. But not lower than i5< br />

  • 4.

    The bitcoin mining machine downloads the mining software and then runs a specific algorithm to get the corresponding bitcoin after communicating with the remote server, so as to obtain the bitcoin

    any computer can become a mining machine, but the benefit will be relatively low, and it may not be able to dig a bitcoin in ten years. Many companies have developed professional bitcoin mining machines, which are equipped with special mining chips, and their computing speed is tens or hundreds of times higher than that of ordinary computers

    bitcoin miners can neither increase their rewards by cheating, nor deal with the fraulent transactions that destroy the bitcoin network, because all bitcoin nodes will reject the blocks containing invalid data that violate the bitcoin protocol rules. Therefore, even if not all bitcoin miners can be trusted, the bitcoin network is still secure

    extended data:

    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

    anyone can run software on specialized hardware and become a bitcoin miner. Mining software monitors transaction broadcast through P2P network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners can earn transaction fees paid by users to speed up transaction processing and additional bitcoin issued according to fixed formula

    5. First, we need to find a stable bitcoin mine pool which is easy to operate, and then connect to the designated server to mine through the mining client software. Take "BTC guide" website as an example. First open this website and click the user registration on the left. The registration process is relatively simple. You can enter the English user name, password and confirmation password

    2 after successful registration, we will see a message like "your account has been successfully registered and logged in!" on the web page, It means that we have successfully registered and logged in

    3 we can click the "dashboard" button in the upper left corner to see the whole monitoring status of the account
    note: in this monitoring dashboard, we are most concerned about "total earnings", which is the bitcoin earned by our current account. In the future, as long as we open the website and enter the monitoring dashboard, we can see the relevant information of our account
    4 next, please click "Settings" in the navigation bar of the page. In the settings page, we can set the e-mail address, bit wallet address, change the password, etc.

    5 if we set the e-mail address in the account, if we forget the password or steal it in the future, we can restore the password through the set e-mail. First, enter our common email address in the "email address" column, and then click the "change" button

    6. Next, a confirmation email will be displayed on the page to confirm that it has been sent to our previously set email

    7. Then we open our email and find the email sent by BTC guide. Click the confirmation link, and then the page will show that our email has been successfully set

    8. If we set email in the account setting, we can also set email notification for the behavior of mining miners. Find the "idle warnings" column on the setting page, click the drop-down list, select the time when you want to send the email, and then click the "change" button on the right. When we set 10 minutes later, if a miner stops mining, the system will automatically send a notification email to our email after 10 minutes. After receiving the email, we knew that the miner was on strike

    9 in addition, we are more concerned about the "bitcoin wallet", that is, the wallet address. You don't need to set this address first. It's not too late for me to fill in when I really get bitcoin

    10 after the account is set up, we need to set "worker". What is a worker? This is the login account name we will use later on the bitcoin mining client. The system will create a miner name for us by default. The miner name is composed of our registered account name, an underline and a number. For example, our registered account is XXX, and the first miner's name is "XXX"_ 1 "
    11 if we want to set multiple miner names, enter a number such as" 2 "in the" create worker "column, and then click the" create "button to add a new miner's account name

    12 in the worker settings page, we can also set the mining payment mode of the mine account separately. Payment method, i.e. mining payment method. There are two types to choose from, PPS and PPLNs. The difference lies in the mining mode and handling charge. The handling charge of PPS is 7.5%, while that of PPLNs is 3%. The system adopts PPLNs by default. If you want to change it, please click the "change" button under the payment method
    13 in addition, we can also choose the difficulty of mining mode. If our computer has multiple graphics card GPUs or some special machines, we can set the miner's account name under the minimum difficulty

    Step 2, download the mining client software
    1 after we complete the registration setting, Next, please click "support" in the page navigation menu, and we will see the download link of the client< There are two types of mining client software:
    bfgminer: command line operation interface, which can be downloaded directly
    cgminer: it is also operated in the command line format, but the download steps are too complicated
    let's take bfgminer as an example and click download as shown in the figure
    2 then it will jump to the download page of mining tools. There are two formats of mining tools, one is 32-bit system, the other is 64 bit system. According to the number of system bits, download the corresponding tool version

    3. The client size of mining tool is less than 5m, which is a zip compressed file. When the download is complete, locate and open the file. Click the right mouse button and select the "" option
    4 here, I take paste extraction to the desktop as an example
    Step 3, mining client software detailed settings
    1 after opening the mining directory, double-click to open the "bfgminer" file under the directory
    2 next, look at the BFG minier window and enter the address of the mine pool at the URL. The pool address can be seen in the BTC guide's support page, such as stratum. Btcguild com:3333 , press enter key
    3, and then enter the miner's name set on BTC guide website after the user name, press enter key
    4, and then enter at will in the password, as shown in the figure
    5. Finally, you can see that many numbers are changing, It means mining. It is worth noting that the places marked in the figure indicate the speed of the current machine button
    6 in addition to the current mining speed on the mining client software, we can also see the specific mining speed of each miner in the "active worker summary" list on the "dashboard" page of BTC guide website
    7 If you want to close the mining tool, you can directly x drop it, You can also directly press the Q key to exit. If you want to open more, you can open another mining tool in the BFG miner directory< Step 4: cgminer command line client software
    1 if you really want to mine, the official recommends that we use "cgminer", that is, to run it at the command prompt. Click "support" on BTC guide page, then click "cgminer" download link page, select the corresponding system version
    2, then jump to cgminer download page and click the link as shown in the figure
    3 and then select a version of cgminer. Here I download a Windows version as an example.
    4 take the Windows version of cgminer as an example. After the download, unzip it to the computer.
    5 open the cgminer directory, find "cgminer"
    6. Double click "cgminer" with the mouse, and a command-line window will pop up, prompting us to enter the URL address of the connection server. Enter "stratum. Btcguild com:3333 ”, press the Enter key on the keyboard
    7, and then prompt us to enter "user name", that is, the account name of the miner. Press the Enter key on the keyboard

    8, and then enter the password. Press the Enter key on the keyboard

    9, and wait for a moment, When the client and the service establish a connection, the machine will start mining

    10 to quit mining, please press the "Q" key on the keyboard in the window
    tools / raw materials
    PC with independent graphics card
    precautions
    if you are using cgminer, the graphics card must support the display of general computing standard, otherwise you will not be able to mine.
    6. No matter how high the configuration of computers is, it is not enough to dig bitcoin. Mining computers mainly rely on high-end a-cards. Nowadays, graphics cards generally dig counterfeit coins, and mining machines are generally used to dig bitcoin
    7. Bitcoin mining is through the mining node, and then the bitcoin mining machine (computer) constantly consumes its own computing power in exchange for bitcoin. In the bitcoin system, through its own algorithm, it can dynamically adjust the mining difficulty of the nodes in the whole network, and ensure that every 10 minutes, one node will succeed in mining. At this time, the bitcoin system will reward this person with a certain amount of bitcoin. Bitcoin mining is a complicated process, but it usually goes through these steps: preparation, finding the mine pool, registering the mine pool account, setting the mine pool account, downloading the bitcoin miner (software) and configuring the bitcoin miner; After the above steps, you can mine
    the content of this article comes from: financial code of the people's Republic of China: application edition, China Law Press
    8.
    1. bitcoin is a string of code generated by an open-source P2P software, which we call cryptocurrency, e-currency and so on. Bitcoin is proced by mining. Generally speaking, bitcoin mining is to use your hardware to calculate the mathematical problems of sh265 algorithm, confirm network transactions, and ensure the security of the whole network system. As a reward, bitcoin system will give a certain amount of bitcoin reward according to the amount of computing power contributed by miners

    2. mining is bitcoin. Bitcoin will be generated several times every other period of time, and whoever grabs it will own it. The computer connected to the bitcoin system is the tool "miner" for grabbing bitcoin. As for the issue of national recognition of bitcoin, simply speaking, it depends on the possible impact on the country< br />

    9.

    Have you ever heard of "virtual currency"“ "Virtual currency" is actually a very popular currency value on the Internet. This kind of currency is not real money because it can't flow into the market. This article is about a kind of "virtual currency", called bitcoin. Bitcoin is a kind of virtual currency, but after a long period of development, many people put bitcoin into the market

    money is something that human beings need very much. Without money, market exchange cannot continue. In ancient times, shells could be used as money, while in modern times, what we call "virtual money" can also be used as money. Bitcoin was a very common virtual currency more than a decade ago, and it didn't have much value. But in a decade, bitcoin has risen by a very many fold. Once upon a time, a man bought 100000 bitcoins, which rose 13 million times. Now how much is it worth



    however, there are not many people like Li Xiaolai who wake up quickly, because many people will inlge in this kind of toxic things, but Li Xiaxia can get away quickly, which must be e to his excellent knowledge and his knowledge wealth

    10. Although I own BTS x, I am against Ethereum's money collection! A 3W bitcoin without any procts, ha ha ha, just go
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