BTC miner

1.

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

2.

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

3. There are a lot of bitcoin forums, but most of them have no meaning of existence
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.

4. At present, the most popular way of bitcoin trading is contract trading. According to the rise and fall of the price, it is far better to obtain income than the traditional mining and direct trading. After all, there is no need to really hold virtual currency, just need to judge whether the price is up or down, which is very suitable for the existing investors, simple and convenient

5.

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

6.

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

7.

Nakamoto's mining is unreliable

On October 31, 2008, a person named Nakamoto published a research report called bitcoin: a peer-to-peer cash payment system on a secret cryptography discussion group, which elaborated the new idea of e-money

soon after, he developed an operating system for bitcoin issuing, trading and account management on the platform of P2P (peer-to-peer or person to person) peer-to-peer network and distributed database, combining the working mode of open source software and block cipher in cryptography

the system enables all nodes throughout the peer-to-peer network to reach network agreements according to their seed files, so as to ensure fairness, security and reliability in currency issuance, management and circulation

after the advent of bitcoin, it quickly attracted the following and attention of geeks. However, what is puzzling is that after leaving bitcoin in cyberspace, Nakamoto Tsung has not been as frequently active in the bitcoin community as before, but graally faded out of the public's sight

in the spring of 2011, after leaving behind the sentence "I started to do something else", Nakamoto completely evaporated from the Internet space. No one can know his real identity, only that this mysterious figure left 2 million bitcoins for himself in the earliest block he owned, and these bitcoins have not been passive yet

people want to see the true face of Nakamoto, and even use the powerful human flesh search tool to search, which is still fruitless, Even the two Google engineers who later took charge of repairing the bitcoin project claimed that they had never found and met Nakamoto at the scene

extended data mining is a process of increasing bitcoin money supply. Mining also protects the security of the bitcoin system, prevents fraulent transactions, and avoids "double payment", which means spending the same bitcoin multiple times

miners provide algorithms for bitcoin network in exchange for the opportunity of bitcoin reward. The miners verify each new transaction and record it in the general ledger

every 10 minutes, a new block will be "mined", and each block contains all the transactions from the generation of the previous block to the present, which are added to the blockchain in turn

we call the transactions included in the block and added to the blockchain "confirmed" transactions. Only after the transaction is "confirmed" can the new owner spend the bitcoin he gets in the transaction