Bitcoin difficulty wiki
Publish: 2021-04-15 01:11:51
1. Users can buy bitcoin, and at the same time, they can use computers to do a lot of calculations according to the algorithm to "mine" bitcoin. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins. Due to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes. By 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
response time: February 5, 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
warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
response time: February 5, 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
2. In January 2013, Avalon released the 60g / s miner specification and accepted the booking. In January 2013, Avalon delivered the world's first commercial bitcoin ASIC miner, and the core developer of bitcoin network, Jeff
garzik, was fortunate to be the owner of the first commercial ASIC miner.
the most difficult mining problem was 0, and the computing power was about 2p at the beginning of 2013, and now it has reached 100p
garzik, was fortunate to be the owner of the first commercial ASIC miner.
the most difficult mining problem was 0, and the computing power was about 2p at the beginning of 2013, and now it has reached 100p
3. To borrow the answers of others, this explanation is relatively simple
BT currency is a kind of virtual currency proposed by a Japanese in 2008 and officially issued in 2009
BT coin is like a gold mountain with a total amount of 21 million gold coins (the upper limit of the total amount is designed to be 21 million). To get it, players need to use the computing power of the computer to calculate a group of numbers according to the designer's algorithm, just like everyone working together or calculating a mathematical problem separately, each group of numbers can be obtained, Then you will get a BT coin, and the world can only proce 25 at most every 10 minutes. This calculation process is vividly called mining
of course, these mathematical problems are becoming more and more difficult. From 2009 to now, the output of BT coins is about 10.4 million. The more the quantity on hand, the more difficult the output will be. Bitcoin is scarce. The upper limit of issuance (21 million) has been set. The difficulty of obtaining bitcoin increases geometrically. It is estimated that it will take hundreds of years to complete
it's ridiculous to say that it's an international QB. It's all virtual currencies, but the security and versatility of BT currency are incomparable to QB. TX is closed, QB is finished. But if BT currency is to collapse, it will not be possible unless there is a global power outage or the global Internet is paralyzed
with regard to the use of BT currency, the world has begun to accept the use of BT currency. Germany first recognized the legality of BT currency, and China also has a trading website BTChina, which can directly exchange BT currency into various current currencies of most countries, including RMB. In China, there are many sellers who accept BT coin on Taobao, and there are also many stores and supermarkets that begin to accept BT coin in Beijing, Shanghai and other large and medium-sized cities
just now, the BTC / RMB exchange rate in this second is 1 / 4888.03, which is still very valuable, but mining needs a lot of investment in advance. A professional mining machine (professional configuration for BT coin computer) is about 40000, 60 such machines work 24 hours, the output can be about 50. In addition to the astonishing power consumption and custody costs, the cost will be recovered in about a month. If you want to make money by mining your ordinary computer, it's a fable. If the owner has no capital investment, it is suggested to give up. The standard configuration of 5000 computers on the market, 48 hours of work also only dig out 0.001 BT coin... Thanks to grandma's house, the main reason is that there is capital investment in the building, so we have to hurry up. At present, it is estimated that the proction and income can still be profitable for 3 or 4 years at most. After this time, mining will not be able to make ends meet.
BT currency is a kind of virtual currency proposed by a Japanese in 2008 and officially issued in 2009
BT coin is like a gold mountain with a total amount of 21 million gold coins (the upper limit of the total amount is designed to be 21 million). To get it, players need to use the computing power of the computer to calculate a group of numbers according to the designer's algorithm, just like everyone working together or calculating a mathematical problem separately, each group of numbers can be obtained, Then you will get a BT coin, and the world can only proce 25 at most every 10 minutes. This calculation process is vividly called mining
of course, these mathematical problems are becoming more and more difficult. From 2009 to now, the output of BT coins is about 10.4 million. The more the quantity on hand, the more difficult the output will be. Bitcoin is scarce. The upper limit of issuance (21 million) has been set. The difficulty of obtaining bitcoin increases geometrically. It is estimated that it will take hundreds of years to complete
it's ridiculous to say that it's an international QB. It's all virtual currencies, but the security and versatility of BT currency are incomparable to QB. TX is closed, QB is finished. But if BT currency is to collapse, it will not be possible unless there is a global power outage or the global Internet is paralyzed
with regard to the use of BT currency, the world has begun to accept the use of BT currency. Germany first recognized the legality of BT currency, and China also has a trading website BTChina, which can directly exchange BT currency into various current currencies of most countries, including RMB. In China, there are many sellers who accept BT coin on Taobao, and there are also many stores and supermarkets that begin to accept BT coin in Beijing, Shanghai and other large and medium-sized cities
just now, the BTC / RMB exchange rate in this second is 1 / 4888.03, which is still very valuable, but mining needs a lot of investment in advance. A professional mining machine (professional configuration for BT coin computer) is about 40000, 60 such machines work 24 hours, the output can be about 50. In addition to the astonishing power consumption and custody costs, the cost will be recovered in about a month. If you want to make money by mining your ordinary computer, it's a fable. If the owner has no capital investment, it is suggested to give up. The standard configuration of 5000 computers on the market, 48 hours of work also only dig out 0.001 BT coin... Thanks to grandma's house, the main reason is that there is capital investment in the building, so we have to hurry up. At present, it is estimated that the proction and income can still be profitable for 3 or 4 years at most. After this time, mining will not be able to make ends meet.
4. "Miracle Moore" diskless mining system, so that there is no hard to dig mine in the world~
5. Most businessmen and speculators are always interested in things that can be turned into money immediately. Bitcoin is one of them. The specialization of ASIC chips leads to the market separation between bitcoin mining and other Shanzhai coin mining
when the vast majority of video card mining machines and CPU mining machines are in a mine disaster, bitcoin mining with ASIC mining machines will not be affected. As the first big man in the virtual currency circle, bitcoin has become a deep-rooted belief in the coin circle. The total number of 21 million bitcoins also determines the transaction type and value-added of bitcoin
although bitcoin has begun to be recognized by most people, it has not really replaced the world's currency to fulfill its original intention, but it has become a collection beyond gold. The inflation of money, the rection of the total amount of mining and the increasing difficulty of mining all determine its future market prospects. The value-added has been firmly established, so people will rush to dig for mines, Because the bitcoin is actually worth more than gold
when the vast majority of video card mining machines and CPU mining machines are in a mine disaster, bitcoin mining with ASIC mining machines will not be affected. As the first big man in the virtual currency circle, bitcoin has become a deep-rooted belief in the coin circle. The total number of 21 million bitcoins also determines the transaction type and value-added of bitcoin
although bitcoin has begun to be recognized by most people, it has not really replaced the world's currency to fulfill its original intention, but it has become a collection beyond gold. The inflation of money, the rection of the total amount of mining and the increasing difficulty of mining all determine its future market prospects. The value-added has been firmly established, so people will rush to dig for mines, Because the bitcoin is actually worth more than gold
6. It is impossible to control the difficulty of mining, and the o 2O is generated automatically and cannot be changed
7. Prouhub
do you mean pornhub?
do you mean pornhub?
8. After 2026 data blocks are generated by bitcoin, the calculation difficulty is updated (each data block includes about 25 bitcoins). It should be updated once today or tomorrow
the later, the longer it takes to calculate each data block, the lower the update frequency of calculation difficulty.
the later, the longer it takes to calculate each data block, the lower the update frequency of calculation difficulty.
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