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Make your own bitcoin miner

Publish: 2021-04-24 15:07:53
1.

You can't dig in a day. It takes 2000 years

the global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin

in order to make the graphics card fully loaded for a long time, the power consumption will be quite high, and the electricity bill will be higher and higher. Many professional mines at home and abroad are operated in areas with extremely low electricity charges, such as hydropower stations, while more users can only mine at home or in ordinary mines, so the electricity charges are not cheap. Even in a certain residential area in Yunnan, there was a case of crazy mining, which led to a large area trip of the residential area, and the transformer was burned


extended data:

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system

bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer

when bitcoin was born in 2009, block rewards were 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25

when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. 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 about 21 million

2. Yes, as long as it's a high configuration graphics card. Now the mining machine starts with 480. The high configuration can earn some money, but the low configuration can't change the electricity charge. N card's computing power is not enough, a card is much higher. You can register in the mine pool first. If the computing power is too low, it will become an invalid node. If you use a home computer, you'd better use three graphics cards. There is little hope of making money.
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. I advise you not to. It's expensive and it consumes a lot of power. It's open all day long.
    5.

    Every other time, the 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 get a bitcoin. This process is often called mining

    at present, one bitcoin is divided into eight decimal places based on the current data structure, that is, 0.00000001btc. The smallest unit of bitcoin g by miners is 0.00000001btc

    generally speaking, bitcoin is like a gold mountain with a total amount of 21 million gold coins. To get it, players need to use the computing power of the computer to calculate a group of numbers according to the existing algorithms

    extended data:

    unlike all currencies, bitcoin does not rely on specific currency institutions to issue. 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 the use of cryptography design to ensure the security of all aspects of money circulation

    the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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

    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.

    As of July 24, 2020, the state has not issued any laws to prove that bitcoin mining machine is illegal

    bitcoin mining machine is one of the ways to obtain bitcoin. Bitcoin is a kind of network virtual currency proced by open source P2P software

    it doesn't rely on the issuance of specific monetary institutions, and it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction

    extended data

    the issue and transaction of bitcoin are realized by mining, and it is cast at a certain but slowing rate. Each new block is accompanied by a certain number of new bitcoin from scratch, which is used as a coinbase transaction to reward the miners who find the block

    the reward for each block is not fixed. For every 210000 blocks mined, it takes about four years, and the currency issuance rate is reced by 50%. In the first four years of bitcoin's operation, each block created 50 new bitcoins. Each block creates 12.5 new bitcoins. In addition to the block award, the miner will receive a handling fee for all transactions within the block<

    source: Internet - bitcoin mining machine

    8. At present, the global unified computing difficulty of bitcoin is 2621404453 (it is expected to change in two days). It will take more than 2000 years to work out a bitcoin and a 2.5GHz CPU, which is ridiculous. Home computer can dig out a bitcoin in three months, I don't know what age it is
    9. Now there are professional mining machines.
    search online.
    it's hard to dig a coin a day with your own equipment.
    plus the cost of electricity,
    there are suggestions for mining machines on the Internet
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