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Blockchain and miners
Publish: 2021-05-01 13:12:05
1. bitcoin is a digital currency based on a specific algorithm. < blockquote >
bitcoin is equivalent to digital gold. As a generally recognized equivalent, gold naturally has monetary properties and has been regarded as a kind of currency since ancient times. Bitcoin was born in 2009 and created by a person named Nakamoto. As the earliest digital currency, it was worthless at the beginning of creation. Until 2017, the highest transaction price of bitcoin exceeded 30000 RMB. The reasons why bitcoin became a valuable digital currency are as follows:
first of all, it is like gold, as a natural mineral, The total amount of bitcoin is limited. Bitcoin can not be over issued according to its own algorithm, so there will be no rapid devaluation of currency e to excessive currency issuance. The number of bitcoin is controlled to no more than 21 million e to the algorithm, so it can not be issued in large quantities, so its value is guaranteed
2. Yes, now you can buy a miner to dig bitcoin
but what I want to emphasize is that bitcoin mining is now a very professional instry. Although ordinary people can dig, the cost is much higher than that of professional mining, so it's better to buy money directly.
but what I want to emphasize is that bitcoin mining is now a very professional instry. Although ordinary people can dig, the cost is much higher than that of professional mining, so it's better to buy money directly.
3. What is mining
for example, bitcoin was invented by Zhongben Cong in 2009, and the total number of bitcoin was only 21 million. By participating in the proction of blocks and providing proof of work (POW), we can get the reward of bitcoin network. Mining is the process of packaging and confirming the transactions in the bitcoin system over a period of time, and then recording them on the block
if you need to know more about it, you can look at my account number; Let's discuss
what is moving bricks
when it comes to "moving bricks", you will think of migrant workers or various online jokes, but today we only discuss "moving bricks" in the blockchain market
to describe "moving bricks" in vernacular is to make profits by using the price difference between different exchanges. The same currency has different prices in different markets. Buy it in a cheaper place and sell it in a more expensive place. The middle price difference is your profit
for example, the price of bitcoin BTC is $4000 on exchange a and $4100 on exchange B. after a buys BTC, it can be sold to B and each one can earn $100. This process is called "moving bricks"
for example, bitcoin was invented by Zhongben Cong in 2009, and the total number of bitcoin was only 21 million. By participating in the proction of blocks and providing proof of work (POW), we can get the reward of bitcoin network. Mining is the process of packaging and confirming the transactions in the bitcoin system over a period of time, and then recording them on the block
if you need to know more about it, you can look at my account number; Let's discuss
what is moving bricks
when it comes to "moving bricks", you will think of migrant workers or various online jokes, but today we only discuss "moving bricks" in the blockchain market
to describe "moving bricks" in vernacular is to make profits by using the price difference between different exchanges. The same currency has different prices in different markets. Buy it in a cheaper place and sell it in a more expensive place. The middle price difference is your profit
for example, the price of bitcoin BTC is $4000 on exchange a and $4100 on exchange B. after a buys BTC, it can be sold to B and each one can earn $100. This process is called "moving bricks"
4. It refers to the person or machine that tries to create a block and add it to the blockchain (the word also refers to the software that does it). When a new valid block is created, the bitcoin protocol automatically distributes 50 (now 25) new bitcoins to the corresponding miners as a reward for their work. This is also the basis of bitcoin's existence.
5. Blockchain is a kind of technology. Blockchain technology is a decentralized distributed ledger database. There are many applications based on blockchain technology.
mining is a proct based on blockchain technology. Mining refers to the virtual currency launched by various companies, which is also called token. If the name is different, the miner is called miner
mining is a proct based on blockchain technology. Mining refers to the virtual currency launched by various companies, which is also called token. If the name is different, the miner is called miner
6. Qiao Xi
Wei Liang
Xiao tianruo
Le Xiaomi
Yang QIANZI
Ju Wenling
man Shufei Er
these post bars are good, you can see their articles when you go to the boutique area
Wei Liang
Xiao tianruo
Le Xiaomi
Yang QIANZI
Ju Wenling
man Shufei Er
these post bars are good, you can see their articles when you go to the boutique area
7. Before specifically talking about what mining is, you need to know what blockchain is
to put it simply, blockchain is a new application mode integrating various computer technologies. Just treat it as a new technology. The network constructed by blockchain technology has the characteristics of "decentralization", "information tampering", "openness", "anonymity" and "security and reliability". These technologies can be applied in many fields, in short, it is very powerful ~
miner, a simple understanding is a more advanced computer, miner is to contribute to the blockchain network, you can regard miner as the guardian of blockchain
with mining machines, the blockchain network can operate normally. These mining machines are constantly doing calculations to provide computing power for the blockchain network. When the mining machine makes the correct calculation, the whole blockchain network will reward the mining machine with the corresponding digital currency. This process is called mining
if you also want to make a "contribution" to the blockchain, you need to download the mining system to start. Oh, let's have a look.
to put it simply, blockchain is a new application mode integrating various computer technologies. Just treat it as a new technology. The network constructed by blockchain technology has the characteristics of "decentralization", "information tampering", "openness", "anonymity" and "security and reliability". These technologies can be applied in many fields, in short, it is very powerful ~
miner, a simple understanding is a more advanced computer, miner is to contribute to the blockchain network, you can regard miner as the guardian of blockchain
with mining machines, the blockchain network can operate normally. These mining machines are constantly doing calculations to provide computing power for the blockchain network. When the mining machine makes the correct calculation, the whole blockchain network will reward the mining machine with the corresponding digital currency. This process is called mining
if you also want to make a "contribution" to the blockchain, you need to download the mining system to start. Oh, let's have a look.
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