BTC miners' true feelings

Bitmine is real

bitcoin is proced by mining. Every 10 minutes, the miners of the whole network work out an arithmetic problem together. Whoever works out the answer first is equivalent to digging into this block, and the miner can get the bitcoin reward of system rebirth

after bitcoin is g in the mine, the income is distributed according to the proportion of the mine's computing power, so as to ensure a more stable input-output

every other time point, bitcoin system will generate a random code on the system node. All computers in the Internet can search for this code. Whoever finds this code will generate a block and then get a bitcoin. This process is often called mining. Computing this random code requires a lot of GPU operations, so the miners purchase a large number of graphics cards to get bitcoin profits more quickly, which is also an important reason for the recent shortage of graphics cards

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

Nakamoto's mining is unreliable

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