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Where is the mining power used

Publish: 2021-05-01 02:20:14
1.

mining refers to the use of bitcoin mining machine to obtain bitcoin, that is, the computer used to earn bitcoin. If you can get bitcoin, you can make money this kind of computer generally has professional mining chips and works by installing a large number of graphics cards, which consumes a lot of power. The computer downloads the mining software and then runs a specific algorithm to get the corresponding bitcoin after communicating with the remote server

precautions:

1. It's better to use DIY mining machine, from purchasing accessories to assembly, and then to mining software, to learn, focus, practice and graally understand the blockchain

Mining is actually a fixed investment process: regardless of the currency price, a certain amount of positions will be increased every day

3. The bitcoin wallet used to store bitcoin uses military level encryption, which makes it impossible for hackers to steal easily. Bitcoin wallet also allows users to set two passwords, a public account password and a private password. The user of public account password is to let the user receive bitcoin. If users want to withdraw or transfer bitcoin from their accounts, they need to use a private password



2. If you want to buy computing power, you need to buy computing power contract, but also pay management fee and electricity fee. If the electricity fee can't be covered, the contract will stop, which is not as good as renting computing power. At present, there is no risk in renting computing power in wechat Baobao, and the principal will not be lost. What you get is net income.
3. Depending on personal preferences and advantages, those who are willing to take this as their lifelong career can get a mining plant, parcel a piece of land, and hire a few more people to watch the mining machine for you. If ordinary people enter, I suggest that they choose the platform to dig. They are too tired to dig, and the people who come here
4. "Computing power (also known as hash rate) is the unit of measurement of bitcoin network processing power, that is, the speed at which the computer (CPU) calculates the output of hash function. In mining, the better the computing power, the faster the mining speed of the mining machine. As for the computing experience of the mining platform, it's like you buy an apple, you have to taste it. I bought the machine on the golden hoe platform before. What they gave me was a month's computing experience, which should be high in the mining platform.
5. Computing power is an abbreviation, which refers to the professional computer specially used for mining bitcoin. This kind of professional computer is called mining machine. The computing power of this kind of computer is called computing power. For example, the computing power of a mining machine is 14T, which is the computing power of this computer. The result of calculation is a special number code, which is bitcoin! There is also a model called cloud computing power, which is derived from the traditional use of miner mining. It is in Sichuan, Xinjiang, Tibet and other places with abundant and cheap power resources, such as wind power generation and water conservancy power generation, that large-scale mines are built and maintained by professional personnel. If ordinary people participate in mining, they don't need to buy mining machines in person. They just need to buy the corresponding computing power to get bitcoin and Ethereum! This model is called cloud computing power! Gold mine is a platform focusing on mining machinery leasing and trading, dedicated to providing users with mining machinery sharing leasing, computing power trading, mining machinery trading services.
6. Bitcoin mining machine is the computer used to earn bitcoin. This kind of computer generally has professional mining chips, and works by installing a large number of graphics cards, which consumes a lot of power. One of the ways to get bitcoin is to download mining software and then run specific algorithm to communicate with remote server to get corresponding bitcoin
according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market, and citizens' investment and transaction of virtual currency are not protected by law

warm tips: ① the above explanations are for reference only, without any suggestions. The relevant procts are issued and managed by the corresponding platform or company, and our bank does not undertake the responsibilities of investment, cashing and risk management of the procts
② there are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction

response time: January 28, 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
7.

First of all, when it comes to mining, bitcoin is indispensable. In fact, this problem is very simple. Any currency, including bitcoin, Leyte coin and infinite coin, is not created without any reason. Bitcoin must be generated by computer calculation. This method of generating bitcoin is called "mining". So how do indivials use computers to mine? Let's learn about it

As long as there is a computer that can access the Internet and download the bitcoin program from the bitcoin website, the first run will generate a digital account, and then keep running, the program will constantly calculate a series of "mathematical problems". When you have successfully calculated "a mathematical problem", the program will continue to run, It's possible to get a certain amount of bitcoin

bitcoin

so bitcoin has high requirements for computer performance, and now it is generally collective mining, and personal computer mining seems to be out of fashion, or even no longer. To participate in mining, it is best to join some mining groups

the data of bitcoin is distributed on every client with wallet installed all over the world. Every transaction will be calculated in the whole network, and the fees you pay and the corresponding algorithm will ensure that the miners will get the corresponding remuneration

Bitcoin is a P2P network. Just like the familiar BT download mode, in order to keep the network running, it is necessary to always keep someone online to upload and share data with others. Therefore, the publishers of BT seeds often ask the sowers to be "Sowers" on the forum, but in fact, BT seeds are often broken. People are selfish. You can't ask everyone to contribute their resources for free, My computer is on. It costs at least electricity

and the bitcoin network, like the BT download, needs "miners" to contribute their computer resources for calculation to ensure the operation of the bitcoin network. If the people who contribute resources like the BT download do not get the benefits, the bitcoin network will die. So the issue of bitcoin is designed that whoever contributes computing power to keep the bitcoin network running can get the fee paid by the network - bitcoin

3. Let's take another example. Our banks need fees to maintain their operation. We all know that bank transfer fees start from 2 yuan, and a card costs 10 yuan a year. But these fees are really the fees that banks need to maintain their operation, otherwise the bank will go bankrupt

In fact, we all know that these fees are reced in various forms. We can consider another mode: all services of banks are free, but as compensation, the state allows banks to issue their own currency, but only 1% of the total amount of all currencies can be issued each year

in this way, all people can enjoy the free service of the bank, but they have to bear 1% inflation virtually. In fact, it's easy for people to accept the immediate benefits - free services (which is the essence of the Internet model), without considering the impact of long-term inflation

this is the basic principle of the issuance and operation of bitcoin. Miners contribute a lot of computing power to maintain the operation and stability of bitcoin network, and in the process of computing, miners can get the new issue of bitcoin. Although inflation has actually occurred, the money in my wallet has not decreased, has it

and a clever design of bitcoin is that there are fewer and fewer new bitcoins, and the new bitcoin issue is decaying, so although bitcoin is not the deflationary currency that most people think, its inflation rate is really getting lower and lower, and finally tends to zero, and once the irrecoverable loss of bitcoin occurs, it will deflate

8. Speed up mining
9. The official introction is from the global large-scale modern physical mines, and access to rrmine (Renren mine) platform through the global top 10 mines. It's a very international platform
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