What is SKL power mining

1. mining refers to the use of computer hardware to calculate the location of bitcoin and obtain the process, known as mining. 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 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 more quickly and make profits
bitcoin has a halving effect, that is to say, every four years, the number of bitcoin will be halved. In this way, the computing power of bitcoin will increase, that is, the difficulty of mining will increase. Under normal circumstances, mining generally refers to the use of mining machine, that is, the computer to dig. These all refer to the single operation, or the operation of the whole mine. Cloud computing power mining refers to mining with multiple people. You can participate in mining as long as you invest a small part
the usual steps of bitcoin mining are "purchase miner - deploy miner - set miner - get profit", but the deployment of miner is affected by many factors, such as electricity price, site, temperature, noise, operation and maintenance, etc. These barriers need certain conditions and knowledge to eliminate, so it gives birth to a sub mole of mining instry - cloud computing power
cloud computing power is a remote mining mode. Users purchase cloud computing power contracts through the platform, rent computing power mining, and obtain revenue regularly. The advantage of cloud mining is that users don't need to deeply understand the mining principle and various software and hardware, or buy expensive mining machines, and they don't need 24-hour maintenance. As long as they place an order, they can participate in mining, which is similar to purchasing usufruct procts
for mine owners, renting and selling the right to use the computing power for a period of time to customers at a price slightly lower than the self operated mining income can quickly return cash, purchase the latest mining machinery in advance, expand the proction scale, and win the possibility of profit in the forward market. To some extent, it can also retain mining machinery at a low currency price, transfer risk, and hedge the single risk of self operated mining business< However, compared with direct participation in mining, cloud computing power also shows the following disadvantages:
even if the platform fully displays relevant information such as mines, mining machinery, cooperation and teams, it is still difficult for users to judge the quality of computing power, real-time operation status (such as power failure, site temporary inspection) or real revenue data behind the platform
the risk of speculation in bitcoin (short-term trading to earn spread) is higher than that of Tuen bitcoin (long-term bullish), but most Tuen bitcoin investors often lack judgment on short-term price changes and "get off early". Cloud computing power brings a small amount of bitcoin income to investors every day, which is also controlling investors' frequent operation in disguised form. Therefore, for many people who like bitcoin, there will be such a saying: "it's better to dig money than to fry money"
the market opportunity of cloud computing power is to provide indivials with a more neutral way of investment. The threshold is lower than that of self built mines, the risk is lower than that of short-term operation, and the cost is lower than the market price. It also allows mines to share the costs and risks and obtain more abundant cash flow
the main risk of cloud computing power lies in the authenticity and stability of computing power behind the contract. In our long-term contact with the mining instry, the high-frequency words we hear are "pit": reasons for power failure beyond common sense, various incidents ring the transportation of mining machinery, constant interference of viruses and extortion, fluctuation of futures and tardy spot, obstacles of cross-border trade, and team ghosts that can't be prevented. Therefore, real and stable computing power is scarce to a certain extent, Behind it is often years of experience. As an information intermediary, cloud computing power platform will become its core competitiveness in how to help users select high-quality cooperative mine cooperation, design friendly and attractive procts, formulate professional and transparent instry standards, establish disaster recovery plans to deal with various risks, and provide high-quality services throughout the whole process of investment
of course, mining is a long-term development instry, and cost recovery also needs a certain period, so whether you can make money mainly depends on whether you can stick to it.

3. Cloud mining is usually a large-scale mine. According to the calculation power, its self purchased ore implements are divided into a smaller calculation power contract, and different service periods are agreed. The contract of selling calculation power in this way is called calculation power contract. Users can mine through the purchase calculation power contract, thus avoiding the trouble of self purchased ore machines and self built mines.

4.

Mining is the use of bitcoin mining machine, which is used to earn bitcoin

one of the ways to get bitcoin is that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server

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

mining is actually a competition of performance and equipment. The mining machine composed of many graphics cards, even if it's only hd6770, can surpass the single graphics card of most users

and this is not the most terrible. Some mining machines are made up of more such graphics card arrays. When dozens or even hundreds of graphics cards come together, the graphics card itself costs money. Considering the hardware price and other costs, there is a considerable expenditure in mining

< H2 > extended data:

bitcoin mining process:

1. To find the ore pool

to start mining, there must be a ore pool with convenient operation and stable output. Its function is to subdivide the data packets for each terminal, and pay the corresponding amount of bitcoin according to the proportion of the data packets calculated by the terminal through precise algorithm

2. Download bitcoin miner (software)

in fact, there are many kinds of this miner, you can go to the official website to download

3. Setting mining software is a green software. After installation, we can set the language first to facilitate further setting. Next, you need to set the server, user name, password, equipment and so on. Generally, the server chooses a better network from BTC guide series, and the user name and password are set by ourselves before

4, bitcoin mining start

when we confirm that all settings are correct, click the "start mining" button to start bitcoin mining, and then the graphics card will soon enter the full speed running state, the temperature and fan speed will increase, you can monitor the state through gpu-z or graphics card driver

5. It's the initial calculation

6. 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.

7. That is to say, large mines provide computing power leasing business, and users only need to purchase the computing power resources to get the corresponding income. For the users of purchasing computing power, it avoids all kinds of troubles caused by their own mining. Their own mining needs complicated processes such as miner hosting, noise, and miner maintenance. However, purchasing cloud computing power only needs to enjoy its success. For the cloud computing power provider, it is equivalent to locking the income and transferring the risk.

8. The reason for computing power contract is that bitcoin mining has become more and more professional, and mining has higher and higher requirements on site and technology. Personal mining has become no longer relaxed and pleasant
therefore, computing power trading platforms like 58hash emerge as the times require. Users only need to purchase computing power, trust computing power to the computing power trading platform, pay a certain maintenance fee, and the computing power hosting platform will uniformly maintain the mining machines, and issue the extracted bitcoin to users on time.