How many graphics cards can have bitcoin
at present, the computing power of bitcoin in the whole network has reached 2.36 billion hash collisions per second, which is equivalent to the number of water droplets in more than 200000 50 meter long standard swimming pools. But even with such a large amount of computing power, it will take about 10 minutes to hit a hash value that meets the requirements
in 2012, bitcoin's output was halved for the first time, and in July 2016, bitcoin's output was halved for the second time. At present, 12.5 bitcoins are awarded for recording one page of account book. The next halving will take place around 2020, and the total number of bitcoins will not increase by 2040, with a total of 21 million. In other words, the difficulty of digging bitcoin is increasing, while the time required is increasing
There are only 21 million bitcoins
"graphics card mining" is a joke. In fact, it is running a specific algorithm to generate bitcoin through a large number of calculations
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extended materials:
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography 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. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items
on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that the relevant authorities would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees
21.5 * 3600 seconds * 24 hours = 1857600 M / day
1857600 / 1024 / 1024 = 1.7715 T / day
a t of computing power / day can dig bitcoin worth 4.03 yuan
1.7715 * 4.03 = 7.14 yuan / day
since 2017, bitcoin has reached new heights. Yesterday (May 23), the value of bitcoin broke through the ¥ 16000 mark, hyping virtual currency, becoming a matter that the general public can participate in, And a little bit of technical level, both fried money, but also began to have the technical content of mining
as we all know, virtual currency has a numerical peak, the more difficult it is to dig. In fact, it's hard to judge whether to lose money or not if we continue to dig. Therefore, in the end how to dig, dig what can be the fastest back to this, this paper studies the above two core issues based on the current market situation
1. Unlike most currencies, bitcoin is not issued by a specific monetary institution. It is generated by a large number of calculations based on a specific algorithm and is a virtual currency
2. In order to get bitcoin, you have to use computing machines, many of which are provided by AMD graphics card with high computing power. When bitcoin was hot, AMD's graphics cards were always in short supply, such as HD 7850, HD 7870, HD 5850, HD 5870, R7 270, R 280x, which are the best helpers of bitcoin
3. Later, when someone invented a mining machine that could get bitcoin more quickly, these graphics cards slowly withdrew from the mining stage
in other words, the computer made up of AMD high-speed graphics card was once the main platform for acquiring bitcoin. This is the relationship between them.
the architecture of a card is different from that of N card. AMD is a brute force heap stream processor without considering the operation efficiency, while NVIDIA greatly improves the operation efficiency, but the number of stream processors is small. The final result is that both sides have their own advantages, and they are almost tied in all kinds of 3D games. In general computing applications, n-card has the upper hand, but the leading advantage of n-card may not be the problem of efficiency, but the software optimization and program development are in place
bitcoin digger adopts SHA-256 algorithm, which can perform a large number of 32-bit integer cyclic right shift operations. This operation can be implemented by a single hardware instruction in AMD GPU, while it needs three hardware instructions to simulate (2 Shift + 1 add) in NVIDIA GPU, This one alone brings amd an additional 1.7x computing efficiency advantage (about 1900 instructions to perform SHA-256 compression operation, rather than about 3250 instructions from NVIDIA)
in this way, AMD's high floating-point computing power and algorithm efficiency advantages make the performance of AMD GPU in password cracking and bitcoin mining more than three times that of NVIDIA GPU!
