Transfer of ore pool
bitcoin mining machine is a kind of 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
mining is actually a competition of performance and equipment, and a competition of computing power among miners. Miners with more computing power are more likely to dig bitcoin. With the increase of computing power in the whole network, it is more and more difficult to dig bits with traditional devices (CPU, GPU). People have developed chips specially used for mining. Chip is the core part of mining machine. The process of chip operation will proce a lot of heat, in order to cool down, bitcoin miner is generally equipped with heat sink and fan
bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce
bitcoin mining started with low-cost hardware such as CPU or GPU, but with the popularity of bitcoin, the mining process has changed greatly. Nowadays, the mining activities are transferred to the field programmable gate array, and the hash speed can be achieved through optimization. The mining efficiency of this mode is very high
1. Machine: two ant double blade mining machines (rated speed: 180gh / s, rated power consumption: about 360W)
2. Network: ordinary family 8m broadband connection
3. Test time: from 11:00 p.m. on January 27 to 7:00 a.m. on January 28, 2014, a total of 8 hours
4 Comparison:
a miner in btcguild (EU stratum. Btcguild com:3333
the average speed of 8 hours is 175.92gh/s, and the profit is 0.01424974
one miner operates in f2pool (stratum)+ tcp://stratum.f2pool.com : 3333)
8 hours average speed 180gh / s, revenue 0.01230566
5 The test results are expected (the theoretical value under the difficulty of the day does not consider other factors):
the profit of an ant double blade miner in btcguild mine is 0.00194408 more than that in f2pool mine in 8 hours, 0.00024301 more per hour, 0.00583224 more in 1 day (24 hours), and 0.1749672 more in each month (30 days)
Background: the financial application of blockchain technology brings high investment value
2018 China international big data instry Expo opened in Guiyang City, Guizhou Province on the 26th. At the meeting, it was pointed out that China will vigorously develop the digital economy in the future, deeply implement the action plan for the development of big data and cloud computing, and deeply study blockchain technology and application. Especially in the field of finance, the landing application has become the focus of the scientific and financial circles
1. The value source of blockchain is that it can perfectly solve the pain points of the current financial instry:
in today's asset securitization, insurance, supply chain finance, commodity trading, asset custody and other financial scenarios, e to many participants, high cost of credit evaluation, low settlement efficiency of intermediary institutions and other reasons, Traditional financial service methods are difficult to effectively solve the long-standing core pain points in the instry, such as information asymmetry, complex and rendant processes, and high information verification cost
2. Why can blockchain solve the above pain points:
blockchain technology integrates many basic technologies, such as distributed accounting, tamper proof, built-in contract, etc., and constructs a trust building mechanism with lower cost. The financial application based on blockchain technology can realize the ability of all market participants to obtain all transaction information and asset ownership records in the market without discrimination, and effectively solve the problem of information asymmetry; Smart contract embedding reces the error rate of payment and settlement, simplifies the process and improves efficiency; At the same time, based on transparent information and brand-new trust mechanism, there is no need to spend manpower, material resources and financial resources to confirm information among participants, which will greatly rece the trust cost between institutions, and then rece the price of financial services and transaction costs
3. The application of blockchain technology in the financial field mainly includes the following aspects:
among which bitcoin is the most famous. On the basis of bitcoin, a large number of other types of decentralized digital currencies have been derived. Such as: the heyday of bits
Compared with the traditional payment system, blockchain payment can directly carry out end-to-end payment for both parties without the help of the banking system, which can greatly improve the speed and rece the cost③ digital bills
④ bank credit management: the advantage of blockchain is that it can rely on program algorithm to automatically record credit related information and store it on every computer in the blockchain network, with transparent information, tamper proof and low cost
The major financial institutions and exchanges in Europe and the United States have explored the application research of building the next generation of financial asset trading platform based on blockchain technology4. The development prospect of blockchain. The future development of blockchain technology will have the most vitality with alliance chain as the entry point, and will have a significant effect and far-reaching impact on the transformation of traditional financial instry pain points
in response to the good investment prospects of blockchain, domestic enterprises such as Alibaba, Jingdong and Netcom have entered the market. The application of financial scenarios based on blockchain technology not only brings us security and convenience, but also provides us with broader investment space. The rise and price surge of digital currency represented by bitcoin (bitcoin was about RMB 20 cents when it was first listed in 2009, and its current price is about US $7300!) It's the best proof that people with a keen sense of smell have made a lot of money from it
Abstract: This is an encrypted digital currency based on the bitcoin developed by Nakamoto Tsung, which improves and adds many new functions, such as the double-layer reward system network, also known as the main node network. It also includes anonymous payment to improve the interchangeability (bitage) and real-time payment function docking to realize real-time transaction confirmation without relying on the authority of the center (P2P mall) In 2009, Nakamoto put forward the concept of bitcoin. Since then, bitcoin has spread rapidly in mainstream applications and commercial uses, becoming the first digital currency to attract a large number of users, which is a milestone in the history of digital currency. However, from the perspective of completing the transaction, we can find an important problem, that is, it takes too long for bitcoin block to confirm the transaction. Traditional payment companies have found a solution to enable the buyer and the seller to realize zero confirmation of bitcoin transaction, but this solution usually requires a trusted third party to complete the transaction outside the agreementbitcoin provides pseudonym transaction, realizes the one-to-one transaction relationship between sender and receiver, and can always record the transactions occurred in the whole network. Bitcoin only provides low-level privacy protection, which is well known in academia. Despite this deficiency, many people still believe in the transfer history recorded by blockchain
based on Nakamoto's achievements, bitshengshi is an encrypted digital currency with the purpose of protecting privacy. We have made a series of improvements on the basis of the concept of bitcoin, resulting in a decentralized cryptocurrency with good anonymity. It supports tamper proof real-time transactions, and has a point-to-point sub network that can provide service reward system for bitsheng network
2. Master node network
the whole node is the server running on the P2P network, so that small nodes can use them to accept the dynamic changes from the whole network. These all nodes need significant traffic and other resources that consume a lot of cost. Therefore, it will be observed that the number of these nodes on the bitcoin network presents a steady downward trend over a period of time, so that the block broadcast time needs an additional 40 seconds. In order to solve this problem, many solutions have been put forward, such as the introction of Microsoft Research's new incentive plan and bitnodes incentive plan
Figure 6: Mining reward model
The first sub chain of ETO public chain, Jingniu chain, is coming online soon, helping the entity enterprises to enter a new era of "blockchain +"
blockchain has been born for more than ten years. In recent years, with the increasingly mature blockchain technology and the continuous enrichment of application scenarios, blockchain has attracted more and more attention. In particular, on April 20 this year, the national development and Reform Commission explicitly proposed for the first time that the blockchain should be included in the scope of China's "new infrastructure". Blockchain has become a key technology to enhance the efficiency of China's stock assets and improve the competitiveness of medium and long-term instries
the significance of chain reform? In essence, through the consistent distribution and rendant storage of data in the whole network, blockchain realizes the openness, transparency and non tampering of data, reces the information asymmetry at the system level, and enables nodes to reorganize business relationships based on new information acquisition capabilities. While the information system of blockchain is decentralized, the overall efficiency is improved by constructing the decentralization of business system and the disintermediation of business process
the essential requirement of real economy reform is to rece cost and increase efficiency. The purpose of developing digital economy is to serve the real economy, and blockchain plays an extremely important role in this process
on the one hand, the so-called "chain reform" is to reconstruct and reorganize the business process of the real economy through the blockchain, and realize the distribution and storage of data on the chain with decentralized business system and disintermediated business process; On the other hand, through the introction of token economy, we can adjust the interest structure of different subjects in the business system, improve the value flow efficiency of the whole supply chain system, and reconstruct the interest distribution model. That's why chain reform is so important
from the technical level, the chain reform can solve the problems of trust, security, privacy protection, cost rection and efficiency through application, information and assets. From the perspective of token economy, chain reform can change the way of economic value output, circulation and distribution, so that all contributors of the whole ecology can get corresponding returns for their own efforts
the chain reform transforms the identity of "consumer" into the identity of "consumer + communicator + investor", transforms the interest pair into the interest community, and improves the stickiness of terminal consumers; Through the design of incentive model, the proction relationship can be liberated, the collaborative value of the upstream and downstream of the supply chain can be improved, and the benefit can be maximized. In the long run, chain reform is of great significance to the development and progress of the whole society and the promotion and protection of personal income
Jingniu chain, which focuses on one-stop chain reform service, is the world's leading one-stop chain reform service platform focusing on real economy chain reform and digital equity of real enterprises. On the one hand, Jingniu chain is committed to help small and medium-sized enterprises solve the internal and external incentive problems through blockchain technology, obtain immediate incentive feedback internally, and improve the efficiency of upstream and downstream collaboration externally; According to the proct characteristics of different enterprises, personalized chain reform scheme is provided to enable enterprises to obtain differentiated competitive advantage
the specific destruction mechanism is as follows: 5% of the amount is always released every day as the destruction pool, and the explosion report mechanism is used to return to the participants. The miner needs 3% equivalent ETO (platform token of ETO equity public chain) as the miner's fee to participate in the explosion report, and the mine pool will get random returns of 2 times, 3 times, 4 times and 5 times according to the destruction amount, The money returned by the miner will be released by 2% of the balance per day until the amount of the destroyed ore pool has been exploded. The amount of money that has not been exploded on that day will be deposited in the destroyed ore pool
in terms of miner's fees, 3% ETO of equivalent value is required for pledge or withdrawal of currency JnL as token, and 0.3% ETO of equivalent value is required for transaction and transfer as handling charge
in addition, 3% of daily proction will be converted into 1% charity fund, 1% Tourism Fund and 1% learning fund respectively
As the world's leading service platform for chain reform and digital equity, Jingniu chain not only has the world's top team, covering the landing cases of chain reform and digital equity service in many instries, but also can provide services such as all-round and multi-channel promotion and operation, investment and merger, digital equity transformation, listing and circulation transaction, JnL, as the circulation medium of the value bearing capacity of the whole ecosystem, plays an important role
in the future, as more and more small and medium-sized entity enterprises realize the importance of blockchain and the continuous development of the chain reform platform represented by Jingniu chain, more "blockchain +" instries will be launched, and the global entity enterprises will enter a new era of "blockchain +"
I. online banking transfer
1. Log in to the bank's official website and click online banking to log in
2. Complete the login by filling in the correct user name and password
3. Select transfer - peer / inter-bank transfer, fill in the payee information correctly, click Submit, and input the mobile phone verification code and dynamic password correctly
2. ATM transfer
1. Insert the bank card into the ATM and log in with the password
2. Select transfer, enter the payee's account number, and click OK
3. Confirm the payee's account number, enter the transfer amount, and click OK
3. Transfer at the counter
1. Handle the inter-bank transfer and remittance business at the bank, and line up to get the number
2. After obtaining the number, hand in the ID card to the staff at the bank counter
3. Fill in a transfer order, and write clearly the name, account and bank (Branch) of the payee; Write your name, account and other information clearly
4. Hand the business application form and cash to the counter staff together
5. Wait a moment and sign on the business confirmation form
6. Take back the transfer and remittance voucher and ID card.
The bitcoin white paper was first published at the end of 2008, when the creators sent it to multiple recipients on an encrypted mailing list. Strangely, its creator pretended to be Satoshi Nakamoto, hiding behind the pseudonym
Another reason for Nakamoto's anonymity can be explained as that the creators of alternative currencies easily put themselves at risk In 1998, Hawaiian resident Bernard von nohaus created a private currency called free dollar. It has been popular for some time, but its coinage was suddenly raided by the FBI and secret service in 2007. After a criminal lawsuit in 2009, the money was confiscated and Bernard von norhaus was convicted of "making private coins that compete with the official currency of the United States." In addition, in 2007, a digital currency called e-gold was accused of being illegal because it did not collect enough customer information. Its owner was sentenced to house arrest and the company was shut down. The arrest of entrepreneurs in alternative currencies by government agencies may have been a factor in China's decision to remain anonymouseveryone can use bitcoin. This means it can be used to pay for legal and illegal services, as well as legal bids however, it has always been a popular payment method in the black net market. Ross Ulbricht, the notorious dark Internet market maker and operator, was jailed for facilitating the trading of drugs and other contraband
Ross Ulbricht appealed to the US Supreme Court in December 2017, but is still in prison. If Nakamoto reveals his true identity, it can be inferred that he may face a similar fate
who would he be
in 2016, Craig Wright, an Australian programmer, claimed to be Chinese. He provided some evidence, but later found that it was not conclusive because it could be obtained publicly from books. He was also accused of falsifying announcements and blog posts to show his real Chinese version. For example, vitalik buterin, founder of Ethereum, recently called Craig white a liar
The other is Hal Finney. He is a famous cryptopunk and Cryptologist. He was also the first person to receive bitcoin from Nakamoto in 2009. He was also the first to download a bitcoin client. Before his death in 2014, however, Hal fini refuted the claim that he was Chinese Some people think that Nick Saab, a famous Cryptologist, may be Nakamoto. Before the launch of bitcoin, he designed the architecture of distributed digital currency, which he called bitcoin. Although the architecture has never been moved, it is similar to the design of bitcoin. This led to widespread speculation. But he repeatedly denied italthough the real identity of Nakamoto may never be disclosed, it is important that the operation of the technology will not be affected
there have been no major safety accidents in the fishpond f2pool. In addition, 51% of the problems often occur in large foreign mines, which also gives the fishpond f2pool opportunities for rapid development. They are all people in the circle, and they also work as information websites and have a wide range of contacts.