4G graphics card after hard fork of Ethereum
a brief history of etheric Classics (etc)
etheric classics began with an unfortunate event
in May 2016, the decentralized autonomous organization (DAO) held a token sale with the goal of establishing a blockchain based venture capital to fund future decentralized applications (dapps) in the Ethereum ecosystem
basically, Dao is a complex smart contract that operates in a decentralized way - computer code that automatically performs tasks between multiple parties when conditions are met
despite its ambitious goals and successful token sales, Dao's code has a major vulnerability that allows attackers to steal eth from decentralized organizations
the attacker took advantage of this vulnerability in June 2016, triggering the infamous Dao hacking event, and maliciously stole eth worth about US $50 million
there is no doubt that Dao hacking has shocked Ethereum community and made eth price drop from $20 to $13
after the Dao hacking, the Ethereum community has to choose from three options
< UL >do nothing and try to bear the consequences of the attack
start soft bifurcation to recover funds
deploy a hard fork to recover the lost eth
both soft and hard bifurcations are significant network upgrades. However, soft fork allows users who are not upgraded to communicate with upgraded users, while hard fork is not backward compatible with previous versions
as developers realize that deploying soft forks will expose the network to distributed denial of service (DDoS) attacks, Ethereum community decides to initiate hard forks to recover the funds lost in Dao hacking attacks
although this scheme is supported by most people, a small number of people in Ethereum community oppose it. They think that "code is the law" and blockchain network should be unchangeable
the failure of both sides to reach an agreement on the solution eventually led to the fragmentation of Ethereum blockchain
those who tried to recover the lost eth chose the hard fork and opened the Ethereum (ETH) blockchain as we know it today, while another group stayed on the original Ethereum classic (etc) chain
what problems does ethereal classic solve Ethernet classic (etc) is a blockchain platform that allows developers to deploy smart contracts and dapps although this function is the same as Ethereum (ETH), etc blockchain has two main differences first of all, Ethereum classic community opposes tampering with distributed ledger and supports the view that "blockchain network cannot and should not be modified" secondly, although there is no rigid upper limit on the total supply of eth, it is allowed to create 230 million etc at most by adopting the monetary policy of constant supply as a bonus item, ethereal classic launched Atlantis hard bifurcation last year to increase the interaction with Ethereum and improve the privacy protection of transactions through ZK snarks the trading platforms recommended by ethereal classic etc are: Fire coin, okex, AAX, etc
1. Power consumption: 243w; Calculation force: 22.4m; Price: 1999 yuan; The number of eth g every 24 hours: 0.015; Revenue generated every 24 hours: 24.8 yuan; Expected payback time: 81.66 days
2. Power consumption of the whole machine: 159w; Calculation force: 24.3m; Price: 1599 yuan; Number of eth g every 24 hours: 0.017; Revenue generated every 24 hours: 27.9 yuan; Expected payback time: 57.31 days
3. Power consumption: 171w; Calculation force: 24.4m; Revenue generated every 24 hours: 27.87 yuan; Expected payback time: 71.73 days
4. Power consumption: 97W; Calculation force: 9.2; Price: 999 yuan; Number of eth g every 24 hours: 0.006; Revenue generated every 24 hours: 10.09 yuan; Expected payback time: 99.1 days
extended data
mining machine risk
1. The problem of electricity charge
in order to make the graphics card full load for a long time, the power consumption will be quite high, and the electricity charge will be higher and higher. Many professional mines at home and abroad are operated in areas with extremely low electricity charges, such as hydropower stations, while more users can only mine at home or in ordinary mines, so the electricity charges are not cheap. Even in a certain residential area in Yunnan, there was a case of crazy mining, which led to a large area trip of the residential area, and the transformer was burned
2. Hardware expenditure
mining is actually a competition of performance and equipment. Some mining machines are composed of more such graphics card arrays. With dozens or even hundreds of graphics cards, the cost of hardware and other costs is very high, and there is a considerable expenditure in mining
3, currency security
the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but the frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin
after Ethereum bifurcates into etheric fog, the two will exist and develop together< br />
the lucky chain with 100 million issued and subscription price of RMB 250 million has already completed the crowdfunding work and raised RMB 250 million
the public chain claims to be the gospel of infertile patients, which can record genes and provide a platform for assisted reproction services (IVF is a kind of assisted reproction)
this issue is only one month away from the gold chain released by Yu Lingxiong in Jeju Island, South Korea
in today's era of "talking about pyramid selling turns pale", Yu Lingxiong not only has no convergence, but has become the "father of pyramid selling" anyway. With the help of blockchain, he has bred pyramid selling coins like locusts.
can Ethereum greatly transform the social economy by increasing its online performance by 500 times? I think it's just a matter of time, because the current social economy has basically taken shape to change it again, I'm afraid it will take more time. Although the performance has been improved, it can only do that. In fact, we can't understand the economy very well. He has always existed in our real society. It can be said that we live in an economic society every day
Some people say, in this case, why can't we do the experiment directly? In fact, it's not as simple as we think if things are really that simple, it's impossible for me to put them off till now. Now the accumulated resentment against him is if we can greatly improve the social economy and transform it. That is the complete success, but if not, it means failure