Bitcoin power curve
The following is the distribution chart of computing power:
the computing power of bitcoin is mainly controlled by some mine owners in the world, and the computing power of retail investors is very small, almost negligible. The computing power of China's mining pool even accounts for more than 80%, and China's voice is increasing
however, many digital currencies no longer need to be mined. Some digital currencies will be directly sent to investors through ICO, and Puyin is one of the representatives, but these digital currencies generally correspond to real assets
Mining has been successful, a total of one equipment (CPU mining, 4-core bar), computing power: 12.75 khash / S (generally abbreviated as KH / s)
KH / S is very rare, so is MH / s; Now the more common are GH / s, th / s, pH / s. The conversion rate is about 1p = 1000t = 1000g = 1000m = 1000K
now the basic unit is GH / s, and several hundred g mining machines are very common
[bitcoin mining machine]
bitcoin mining machine is a 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
the popular digital currencies in 2013 are bitcoin, Leyte coin, zeta coin, pennies (Internet), invisible gold bar, red coin, pole coin, barbecue coin and prime currency. At present, hundreds of digital currencies are issued all over the world
in short, it is a redistribution of computing power driven by interests.
bitcoin mining relies on computing power
the faster the computing power, the faster bitcoin mining
but bitcoin mining as an infrastructure, if bitcoin can continue to exist, although the income of mining is reced, for the security of the whole bitcoin network system, some big bitcoin companies may invest in mining to maintain the security of bitcoin network system. In addition, the future of bitcoin will become more clear and bright. Bitcoin's computing power will not decrease, but will increase.
