What's the meaning of power bucket

computing power is a measure of bitcoin network processing power. That is, the speed at which the computer calculates the output of the hash function. Bitcoin networks must perform intensive mathematical and encryption related operations for security purposes. For example, when the network reaches a hash rate of 10th / s, it can perform 10 trillion calculations per second

in the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on computer random hash collisions. How many hash collisions can a mining machine do per second is the representative of its "computing power", and the unit is written as hash / s, This is called workload proof mechanism pow

computing power provides a solid foundation for the development of big data, and the explosive growth of big data poses a huge challenge to the existing computing power. With the rapid accumulation of big data in the Internet era and the geometric growth of global data, the existing computing power can no longer meet the demand. According to IDC, 90% of the global information data is generated in recent years. And by 2020, about 40% of the information will be stored by cloud computing service providers, of which 1 / 3 of the data has value

therefore, the development of computing power is imminent, otherwise it will greatly restrict the development and application of artificial intelligence. There is a big gap between China and the advanced level of the world in terms of computing power and algorithm. The core of computing power is the chip. Therefore, it is necessary to increase R & D investment in the field of computing power to narrow or even catch up with the gap with the developed countries in the world

unit of force

1 KH / S = 1000 hashes per second

1 MH / S = 1000000 hashes per second

1 GH / S = 1000000000 hashes per second

1 th / S = 100000000000 hashes per second

1 pH / S = 100000000000 hashes per second

1 eh / S = 100000000000 hashes per second

computing power refers to computing power, refers to that in the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on computer random hash collisions. How many hash collisions can a mining machine do per second, is the representative of its "computing power". The unit is written as hash / s, which is the so-called proof of work mechanism (POW)