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Cracking bitcoin computing power

Publish: 2021-04-23 21:54:18
1.

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

2.

Bitcoin is a kind of network virtual currency. Bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system. Assuming that the mining computing power is 100 mhash / s and the total computing power is 4000 ghash / s per day, 3600 bitcoins can be g out every 24 hours

China's computing power has accounted for more than 75% of the world, that is to say, 75% of bitcoin in the world is made in China. How long does it take to dig a bitcoin

bitcoin used to be very good at "digging", which can be done by ordinary computer CPU, and it can automatically "solve problems" by downloading software. But with the rise of currency price, more and more people want to "solve the problem", and the difficulty of mining is also increasing. Now, the amount of computation needed to dig a bitcoin is beyond the reach of ordinary people. Ordinary computers can't afford it

instry insiders said that in 2014, 100 bitcoins were generated from 500000 yuan of electricity charge per day, and the cost of electricity charge alone was 5000 yuan per coin. But now, the same cost has more than doubled, and the electricity cost of each bitcoin is as high as 10000 yuan

in the generation mechanism of bitcoin, mining reward is decreasing. At the beginning of the birth of bitcoin, the miners could get 50 bitcoins for each page of the ledger, and then 25 bitcoins for each page of the ledger, decreasing in turn. It's like digging gold. At first, it's more and less. The time point at which each new reward is reced by half is called half bitcoin proction

assuming that the mining computing power is 100 mhash / s, the total computing power is 4000 ghash / s per day in 2014, and 3600 bitcoins are g out every 24 hours

now, we can understand the difficulty of bitcoin digging in this way, which is equivalent to 100 million dice throwing numbers less than 100 million and 50 million. Whoever throws them first will get the bookkeeping right. At this point, 1050 million is a hash value. The process of throwing dice is called hash collision. The unit of mining power is the number of hash collisions per second

at present, the computing power of bitcoin in the whole network has reached 2.36 billion hash collisions per second, which is equivalent to the number of water droplets in more than 200000 50 meter long standard swimming pools. But even with such a large amount of computing power, it will take about 10 minutes to hit a hash value that meets the requirements

in 2012, bitcoin's output was halved for the first time, and in July 2016, bitcoin's output was halved for the second time. At present, 12.5 bitcoins are awarded for recording one page of account book. The next halving will take place around 2020, and the total number of bitcoins will not increase by 2040, with a total of 21 million

Related videos: how long does it take to dig a bitcoin

3.

1、 Mining principle

at the beginning, we could dig bitcoin with the computer CPU. The founder of bitcoin, Nakamoto Tsung, g out the world's first creation block with his computer CPU. However, the era of CPU mining has long passed, and now bitcoin mining is the era of ASIC mining and large-scale cluster mining

looking back on the mining history, bitcoin mining has gone through the following five times: CPU mining → GPU mining → FPGA mining → ASIC mining → large-scale cluster mining, The mining speed changes are as follows:

CPU (20mhash / s) → GPU (400mhash / s) → FPGA (25ghash / s) → ASIC (3.5tash / s) → large scale cluster mining (3.5tash / s * x)

mining speed, which is called computing power in professional terms, that is, the ability of computer to generate hash collisions per second. In other words, how many hash collisions can our miner do per second is the calculation force. Computing power is the ability to dig bitcoin. The higher the computing power, the more bitcoin you dig, the higher the return

in the world of bitcoin, a data block is recorded about every 10 minutes. All mining computers are trying to package the data block and submit it, and the person who successfully generates the data block will get a bitcoin reward. Initially, bitcoin rewards of 50 bitcoins could be generated about every 10 minutes. But the payment is halved every four years, and now the bitcoin network can generate 25 bitcoins every 10 minutes

to successfully generate data blocks, miners need to find the effective hash value. To get the correct hash value, there is no shortcut. You can only guess. The process of guessing is the process of computer random hash collision. If you guess correctly, you will get bitcoin

Mining method: from a miner to a large-scale mine, you need to prepare a miner, a computer that can connect to the Internet, an AUC, a raspberry pie, power supply and all kinds of connecting lines, etc. The connection order of various devices is network cable - & gt; Raspberry pie - & gt; Microusb cable - & gt; AUC-> 4Pin cable - & gt; Mining machine and power supply

< EM > Figure 3: Mine Map (scale of tens of thousands of mining machines) < / EM >

nowadays, the profit space of small and medium-sized absenteeism who take one mining machine home or deploy a small family workshop (dozens of mining machines) is very limited, and the mining instry is graally concentrating on enterprises and teams with low-cost power resources and professional deployment ability

there are many factors that affect the mining revenue, such as the performance and power consumption of mining machinery, the computing power and difficulty of the whole network, the deployment and operation and maintenance capacity of the mine, the availability of low-cost electricity resources, and the currency price and policy guidance, etc. At present, excellent mining enterprises have the ability of chip research and development, a lot of computing power, professional mine deployment and operation experience, etc. in the future, resources and computing power will be more and more concentrated in these mining enterprises

2. Mine pool

in addition to the above equipment, you also need a necessary tool - mine pool. The function of the mine pool is to gather a large amount of mineral computing power, increase your probability of getting bitcoin, and at the same time, distribute your future bitcoin income to your account in advance

the simple explanation is as follows: now the bitcoin network generates a block every 10 minutes, which contains 25 bitcoins. Suppose there are 1W people in the world participating in mining, then in these 10 minutes, only one lucky person has taken these 25 bitcoins, and the others have nothing. The principle of the mine pool is that everyone mines in teams and distributes according to the agreed distribution method, so that the income of the miners' bitcoin tends to be stable and the risks of the miners are reced. Let's take the most common PPS allocation method as an example. Suppose that your computing power is 10t, and the computing power of the whole mine pool is 100t. Your computing power accounts for 1 / 10 of the total computing power of the mine pool. Suppose that the mine pool can generate 10 bitcoins a day, then you can get 1 bitcoin a day

3. Cloud computing power

in reality, the supply of mining machines often exceeds the demand, and at the same time, the delivery of mining machines needs a long waiting period. Miner installation, commissioning, maintenance and other processes are very complex, which requires a lot of energy. Miners have to enre the noise and heat of miner. For miners, the biggest cost is not these, but the high electricity charges consumed by mining. The profit space of small and medium-sized miners is getting smaller and smaller, even negative

Mining income and risk mining income can be calculated by the following formula:

Mining income = generated bitcoin * currency price - mining machinery cost - electricity fee - custody fee

if you are just a small miner, generally you only need to dect mining machinery cost and electricity fee

Mining risks are as follows:

< UL >
  • at present, the number of bitcoin is less than 4.5 million. If we do not issue additional bitcoin, the price of bitcoin will fluctuate, and the price callback will lead to the extension of the payback cycle

  • mining difficulty improvement at present, our machines can meet the market demand

  • the risk of power outage

  • < UL >

    < EM >
    < / EM >

    4. First of all, let's talk about the background. The basic principle of bitcoin "account" is key public key address. You can roughly understand it as "key box box number". Now is to start from the box number or box to crack the key
    there are basically two kinds of attacks, one is dictionary attack, the other is brute force attack
    dictionary attack is to use common passwords and their simple variants as keys one by one. As long as your pass phrase is not hard enough, the possibility of successful attack is very high. So if you want to use this, you need to popularize the knowledge of cryptography first, and don't think it's very safe to add a long password
    if you don't use the wallet generated by pass phrase, you can only crack it violently, which is equivalent to enumerating all the possible keys. At present, this is impossible, even if the electronic computer is becoming more and more powerful. However, quantum computer can do it theoretically, but don't worry too much. If such a powerful quantum computer comes out, it will not only endanger bitcoin
    at the same time, bitcoin has a second layer of protection: if an address only accepts bitcoin but does not output it, its public key is confidential, that is to say, no one else can see the box, only the box number. At present, the process of decing the box from the box number can't even be done by quantum computer. In other words, if there is a quantum computer, bitcoin has a last line of Defense: it's temporarily safe to transfer your money to a new address
    finally, some time ago, the wallet generated by the Android client was attacked because of a bug in the underlying random number generator. In fact, this function is not random securerandom, which Google quickly admitted and fixed. It's hard to say whether this kind of thing will happen again, but I don't think we need to worry too much.
    5. At present, you can only buy bitcoin through the exchange or trading platform, although you may have heard of it in convenience stores, such as Taiwan's family & RLM; F‏ a‏ m‏ i‏ l‏ y‏ M‏ a‏ r‏ t‏ Or bitcoin & RLM; A‏ T‏ M‏( Fragrance & RLM; But there are trading platforms operating behind them

    the more famous trading platforms are: Fire coin network, & RLM; O‏ K‏ E‏ X‏, 58c‏ o‏ i‏ n‏, Chinese currency, etc

    finally, I would like to remind you that only the & RLM; B‏ i‏ t‏ c‏ o‏ i‏ n‏ It really belongs to me. No matter how much bitcoin you have on the trading platform / cloud mining platform, there is a risk of being stolen by hackers / platform failure. Please pay attention

    bitcoin is still an emerging financial proct under development, and its price will fluctuate greatly. Please do what you can.
    6.

    Through the deep use of cryptography algorithm, specially designed data structure and multi-party consensus algorithm, blockchain uses machine algorithm to solve the consistency, reliable storage and anti tampering problems of multi-party transaction records, which has a natural strong correlation with electronic data storage

    first of all, the electronic contract signing records are stored in the shared account book jointly maintained by multiple parties, which can not be tampered with, denied, and of course will not be lost

    secondly, electronic contract text and electronic contract elements are encrypted, including electronic contract participants. Only participants can decrypt and view the data to protect the privacy of the parties

    thirdly, the machine strictly implements the pre-defined rules (smart contract), and no longer only relies on a single agreement with a third party. KYC service based on blockchain automatically checks and verifies the validity and identity of certificates, and ensures the authenticity of participants' identities on the basis of privacy

    at present, the electronic contract signed on the advanced electronic contract platform has realized the distributed storage of digital fingerprints of electronic documents through the blockchain technology, which further strengthens the legal effect of the platform electronic contract

    7. BSC BTS
    is called ABIS port
    BTS and MS
    is called um port, that is, air interface
    there are actually two interfaces between BSC and MSC, because there is also a TC mole, and the two interfaces are ater port and a port respectively.
    8. Abstract: in a small laboratory in a secluded village 50 miles north of New York City, intricate pipelines and electronic equipment are wound under the ceiling. This seemingly haphazard pile of devices is a computer. It is different from any computer in the world, but it is a milestone device in the history --- quantum computer

    on May 3, 2017, a big news in science and technology circles: the world's first optical quantum computer surpassing the early classical computer was born. This "world's first" is a genuine "made in China" and is the result of a breakthrough made by Professor Pan Jianwei and his colleagues of the University of science and technology of China and Professor Wang Haohua of Zhejiang University
    if the speed of traditional computer is bicycle, the speed of quantum computer is just like airplane. In the past few months, IBM and Intel have announced that they have built 50 and 49 qubit quantum computers, respectively. Some experts point out that within ten years, the computing power of quantum computer may catch up with and surpass the current supercomputer

    at the American Physics Annual Meeting held in Los Angeles on March 5, 2018, Julian Kelly, a research scientist at Google quantum AI laboratory, reported that he was leading the Google team to test a 72 qubit universal quantum computer. However, this is only 72 qubits. At this rate of development, the magic power of quantum computer will soon be terrifying
    then, why do we say that quantum computers can easily crack bitcoin? What's the matter
    it takes 600000 years to crack an RSA cryptosystem, but it takes less than three hours to use a quantum computer with considerable storage function! In other words, with the leap from electronic computer to quantum computer, the computing power and the ability to process big data of the whole mankind will be improved for tens of thousands or even hundreds of millions of times. In front of the quantum computer, the traditional electronic computer we used to be proud of is equivalent to the previous abacus, which is bulky and old

    although the bitcoin protocol uses asymmetric cryptocurrency, the corresponding public key is used to verify the transactions signed by the private key to ensure that bitcoin can only be used by legitimate owners. It is not feasible to force the private key to be consistent with the public key by using the currently available computer, but quantum computer can solve the problem of asymmetric cryptocurrency
    in addition, the rule of bitcoin is that the more processed block will be added to the blockchain, and the other block will be voided. For example, it's like 51 people in an account book say that you have saved 100 yuan in the bank, while 49 people say that you have saved 50 yuan. In this case, the minority of blockchain algorithm is subordinate to the majority, and the bank thinks that you have saved 100 yuan is true, and that you have saved 50 yuan is false. So once a miner has 51% of the computing power, other subsequent miners will not be able to continue to get bitcoin

    Andersen Cheng, co-founder of a network security company in the UK, says bitcoin will come to an end the day quantum computers come into use. What's your opinion?
    9. Bitcoin can only be cracked by computing power, but the cost of cracking is too high. So no one is going to crack it.
    10. At present, bitcoin can only be obtained in two ways
    the first one is to buy it directly in the exchange, just like gold, where money comes to the currency, and the transaction is very fast, with the only disadvantage
    the second one is to obtain bitcoin from the source; That is now known as mining
    mining is the way to issue bitcoin. Bitcoin has no specific issuing institution, but relies on a set of decentralized issuing mechanism to graally issue bitcoin. Bitcoin system is equivalent to a decentralized big ledger, and each block is a page in the ledger. The system automatically generates bitcoin as a reward to encourage miners to participate in bookkeeping. Every ten minutes, all the miners work out a question together. The miner who works out the answer first gets the right to keep a page of account. After the account is completed, he will automatically get a certain amount of bitcoin. This is the issuance process of new bitcoin. According to Nakamoto's design, at the beginning, 50 bitcoins will be awarded for each successful bookkeeping. For each 210000 page account, the reward for bookkeeping will be reced by half. Until about 2140, bitcoin will not be able to be further subdivided. By now, bitcoin has been issued, with a total amount of 21 million
    it has been more than 10 years since the birth of bitcoin. At present, the free circulation of bitcoin is inseparable from mining. Without miners mining bitcoin, there will be no continuous flow of bitcoin into the market. It is the so-called circulation that proces value, which is also an important factor that bitcoin has been standing since its birth

    mining gets bitcoin from the source to ensure it is the latest and freshest bitcoin. So this is the only best way to get bitcoin at a low cost< But at present, there are two kinds of mining, one is mining machine mining, the other is cloud mining, which is also a popular mining mode in the market. I don't talk about them one by one, and there are too many long talks

    I hope I can help my little partner
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