Can bitminer dig Ethereum

1.

bitcoin uses SHA-256 encryption algorithm. When mining, it competes with computing power. In order to improve computing power, bitcoin has gone through four stages: CPU mining, GPU mining, FPGA mining and now ASIC mining machine mining, and the degree of specialization is getting higher and higher

Ethereum uses the ethash encryption algorithm. In the process of mining, it needs to read the memory and store the DAG file. Because the bandwidth of each read memory is limited, and the existing computer technology is difficult to have a qualitative breakthrough in this problem, so no matter how to improve the computing efficiency of the computer, the memory read efficiency will not be greatly improved. Therefore, in a sense, Ethereum's ethash encryption algorithm is ASIC resistant.

different encryption algorithms lead to great differences in mining equipment and computing power between bitcoin and Ethereum

at present, bitcoin mining equipment is mainly ASIC mining machine with a very high degree of specialization. The maximum computing power of a single mining machine is 110t / s, and the scale of computing power of the whole network is more than 120eh / s

the main mining equipment of Ethereum is video card miner, and there are very few specialized ASIC miner. On the one hand, the "ASIC resistance" of Ethereum mining algorithm improves the threshold of developing ASIC miner. On the other hand, after Ethereum is upgraded to 2.0, the consensus mechanism will be transformed into POS, and the miner can not continue mining

compared with the ASIC miner, the graphics card miner has two orders of magnitude difference in computing power. At present, the computing power of mainstream graphics card miner (8 cards) is about 420mh / s, and that of Ethereum is about 230th / s.

from the time dimension of the past two years, bitcoin's computing power of the whole network is growing rapidly, while Ethereum's computing power of the whole network is growing relatively slowly

The ASIC mining machine of

bitcoin is monopolized by several major mining machine manufacturers, and miners can only buy it from the market; Although the graphics card miner of Ethereum is also manufactured by a special miner, the miner can buy accessories from the market and assemble them according to his own demand

2. Bitcoin is a kind of electronic currency, digital currency, which is proced by open-source P2P software. It is a kind of network virtual currency. Bitcoin is also paraphrased as "bitcoin.". Abbreviated: BTC
bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized characteristics and algorithms of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin by mass manufacturing
bitcoin is very similar to cash
the advantages of bitcoin are: no freezing, no tracking, no taxes, and extremely low transaction costs. Compared with people who speculate in currency, it is wealth, and people outside the currency circle may think it is a fraud
bitcoin, Ethereum, bitcash, EOS, REBO, etc. are the mainstream digital currencies, which can be properly invested. All transactions have risks. You can invest cautiously. You can search online for fire coin, coin security, OK, dobby trading platforms, etc. all of which can trade bitcoin. These are relatively large trading platforms, investing in mainstream digital currencies, and Don't invest in counterfeit money or air money.

3. First, the most common mining method: Hardware mining
Second, the mining method of sin in music: mobile phone software mining
Third, the latest mining method, trading is mining, lock is mining.

4. Making money with low-cost electricity resources

5. Bitcoin mining software refers to the bitcoin mining client, this one is universal, there is no domestic or foreign saying. At present, bitcoin mining needs professional mining machines. Now bitcoin mining is a very professional thing. Retail mining has been graally eliminated, and bitcoin mining is graally mastered by several major mining machine manufacturers and owners. As long as it is a digital currency, mining is allowed. As long as it can be connected to the Internet, mining generally uses ordinary computers or graphics cards or professional ASIC mining machines. Some digital currencies do not need to be mined, but are pre mined in advance. For example, Ruitai is a kind of asset mortgage certificate. Of course, most of the others need to be obtained through mining, such as Wright coin and thousand gold card mining.

6. Now, it can be invested. The blockchain is not only bitcoin, but also thousands of digital currencies. I think blockchain is just like when house prices are just beginning to rise. The earlier you enter the market, the more you earn. Ethereum's blockchain technology is the latest version. The smart contract is more complete than bitcoin's blockchain and has better performance. Feixun enterprise itself is relatively reliable, and has achieved good results in information technology, big data and cloud computing. It not only completes the layout in China, but also has big data services in Munich, Germany. Now C8 is able to start with 0 yuan purchase, so in the case of no hardware cost, maybe you can have a try, and the 0 yuan purchase mode is also very mature. Another major feature is that in view of the current bear market, they have launched a unique mineral currency trusteeship. That is, when the market price of Ethereum is less than or equal to RMB 5000, the customer can choose to transfer out any number of Ethereum in the escrow account at the price of RMB 5000 / eth. If the price difference is higher than RMB 5000, Ethereum will share with the customer in the proportion of 40%: 60%, and the ETH equal to the transfer value will be transferred to the wallet account. When the market price of Ethereum is higher than 5000 yuan, customers can choose to put any number of Ethereum in the escrow account into their wallet account. I went to pay attention to the Feixun purchase channel "Feixun big data business" and asked the customer service.