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Is the more calculating power the better

Publish: 2021-05-05 03:12:23
1. From cheap electricity to centralized mining, China's resources and environment provide bitcoin miners with many advantages. In recent years, bitcoin miners have used cheap electricity to expand their business in coal rich regions such as Xinjiang and Inner Mongolia, which are home to the founders of some of the world's leading mining companies

with the rising price of bitcoin, more and more people join the bitcoin mining business. Accordingly, mining consumes more and more energy. Obviously, our government is also aware of this

according to the requirements of the document, regulators require local governments to take measures related to electricity price, land use, tax and environmental protection to guide bitcoin miners to withdraw from the business. According to foreign media reports, regulatory authorities are mainly concerned about the money laundering and financial risks involved in the shutdown policy, but excessive power consumption is also a factor that can not be ignored. In principle, bitcoin mining consumes a lot of power because every time a new bitcoin is proced, it needs to solve the complex mathematical problems through the encryption process performed by a high-performance computer. Mining calculation process is used to verify bitcoin transactions in the blockchain to ensure security, but the disadvantage is that it consumes a lot of energy.
2.

Bitcoin mining machine is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card, which consumes a lot of power. It is one of the ways to get bitcoin that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server

mining is actually a competition of performance and equipment, and a competition of computing power among miners. Miners with more computing power are more likely to dig bitcoin. With the increase of computing power in the whole network, it is more and more difficult to dig bits with traditional devices (CPU, GPU). People have developed chips specially used for mining. Chip is the core part of mining machine. The process of chip operation will proce a lot of heat, in order to cool down, bitcoin miner is generally equipped with heat sink and fan

< H2 > extended materials:

bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce

bitcoin mining started with low-cost hardware such as CPU or GPU, but with the popularity of bitcoin, the mining process has changed greatly. Nowadays, the mining activities are transferred to the field programmable gate array, and the hash speed can be achieved through optimization. The mining efficiency of this mode is very high

3. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money 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

warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
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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.

Recently, the price of bitcoin continued to rise, reaching a maximum of US $41000. According to Mr. Liu, the manager of the mine, recently some customers have asked for additional orders, but the output of the mining machinery manufacturers is insufficient and they can't get a large number of mining machinery. Now they have to wait five months or more. Most of his customers have increased their positions in the middle of this year. At present, the prices of mainstream mining machines vary from 30000 to 60000, Mining takes about 12 months to recover the cost

therefore, if people really have mining ideas, they should not be dazzled by the impulse of the moment, and they should try to do it slowly. Today, the price of bitcoin continues to rise, largely because many mainstream investment institutions or investors begin to be interested in digital assets and begin to hoard bitcoin

bitcoin investment has great risks, the phenomenon of sharp rise and fall is not uncommon, and there are not a few people who have lost all their money. Therefore, it is not advisable to follow blindly and keep calm in investment

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extended data

bitcoin plummeted by more than 10%:

earlier on January 11, bitcoin once fell to $37000 / piece, the lowest to $35141, and the biggest drop in the day was more than 10%. According to the data of bitcoin home.com, the amount of burst positions in the past 24 hours reached US $1.165 billion (about RMB 7.530 billion), and a total of 115138 people burst positions within 24 hours

for the sudden drop, some netizens said: "what should come will come.". Cautious investors said that such a high position, I first clearance, short about

6. In fact, bitcoin mining can not blindly pursue the size of computing power, but also depends on the overall performance of the miner. For example, the single-mode group of Avalon mining machine 2 will be able to recover its cost in about 40 days, but the 800g recovery time of Avalon mining machine 3 is far away, unless the currency price rises. If you are a retail investor, it is suggested that you buy mining machines with small calculation power and fast cost recovery time, which should be regarded as playing. If you have abundant funds and the ability to set up large-scale mining plants, it is suggested that you buy mining machines with high calculation power and high profits. Avalon's 2.3t miner is said to be coming soon.
7.

In fact, the choice of occupation depends on the actual situation of the players themselves. For example, if a player is playing with several friends, then everyone can assign a good occupation, it's better to have two battles, one to collect and one to make , which is the most ideal. However, if you play alone, it is recommended that players choose to collect or manufacture , because these two types of occupations are relatively easy in the early stage, and even if they are rich in resources in the later stage, they will not have too much pressure to survive

collection instry and manufacturing instry

1. Collection instry has a high rate of rare resources and can sell money. However, e to shipping restrictions and double collection restrictions, most of the people who ask to cancel shipping and double collection are also these people. It is impossible to cancel shipping. Once cancelled, there is no limit for collection instry. The resources of collecting liver emperors are soaring. Every minute the camp is full of donations, and more of them are sold to make money. However, you can change the talent to increase the number of checked boxes

2. Manufacturing instry

when most of the camps are up, the equipment of manufacturing instry begins to rece price. For example, the current composite bow has dropped from more than 6000 to about 3000, which is not enough to sell. On the contrary, the higher the demand for advanced resources, the lower the storm rate. The price of advanced resources in the market has always been very high

8.

A: first, block height does not refer to the capacity of the blockchain

Second, the connotation of block height

block height is the number of blocks linked to the main chain, that is, the number of blocks connected to the blockchain

Block height is the indicator of block

2. The block has two identifiers, one is the hash value of the block head, the other is the block height

3. The hash value of the block head is the number obtained by the second hash calculation of the block head by sha256 algorithm

The

block hash value can uniquely and explicitly identify a block, and any node can independently obtain the block hash value by simply hashing the block head

4. Block height refers to the position of the block in the blockchain

The

block height is not a unique identifier

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