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King mining machine

Publish: 2021-04-30 13:32:14
1.

POW: full name of proof of work

pos: proof of stake

both of them are the consensus mechanism of blockchain and the bookkeeping method of digital currency

the difference is:

1. POW mechanism: workload proof mechanism, that is, the proof of workload, is the requirement that must be met when generating a new transaction information (that is, a new block) to be added to the blockchain. In the blockchain network based on workload proof mechanism, the ability of nodes to obtain the correct numerical solution to generate blocks by calculating the numerical solution of random hash hash is the specific performance of node computing power

POS mechanism: the proof of rights and interests requires the certifier to provide a certain amount of ownership of cryptocurrency. The operation mode of the proof of rights and interests mechanism is that when creating a new block, the miners need to create a "currency right" transaction, and the transaction will send some coins to the miners themselves according to the preset proportion. According to the proportion and time of token owned by each node, the equity proof mechanism reces the mining difficulty of nodes proportionally according to the algorithm, so as to speed up the speed of searching for random numbers

extended materials:

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software and the P2P network on it were designed and released. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction

2. With the upgrading of Ethereum to version 2.0 this year, the consensus mechanism will be converted to POS, which will have a huge impact on miners. There are two choices for miners. One is to sell mining equipment and buy eth to adapt to the stacking mechanism of POS; The second is to switch the miner to other networks supporting GPU miner. Nick foster, a representative of kabombacks, a US mining equipment distributor, said most eth miners would choose the latter

after Ethereum is upgraded to version 2.0 POS mechanism, miners may switch mining machines to other networks
as Ethereum is finally ready to start its Ethereum 2.0 upgrade later this year, thus eliminating the long-term delay, the network will start to move towards the proof of rights model

therefore, the network will give up the workload proof consensus algorithm, so that eth miners have little choice. As their equipment will become obsolete, they will be forced to start mining counterfeit coins or re qualify as eth mortgagors. So, what is the current situation of Ethereum mining? With the coming transition, what will happen to the whole instry< At present, Ethereum consensus is based on POW system, which is similar to bitcoin (BTC). As a result, Ethereum's mining process is almost the same, as miners use their computing resources to earn rewards for each block they try to complete< However, there are still major differences between these processes. Although bitcoin mining has relied almost entirely on ASIC (large, loud machines designed specifically for cryptocurrency mining, most of which are concentrated in areas with low electricity prices), Ethereum's pow hash algorithm ethash is designed to support global chip manufacturers (such as NVIDIA and AMD). As Thomas Heller, global business director of cryptocurrency mining pool f2pool, explained in a conversation with cointegraph, GPU is much cheaper and easier to access than ASIC

"as ASIC is a very professional machine, when a new generation of procts is released, it is usually a huge technological leap. As a result, they have a much higher hash rate and are more energy efficient than the previous generation. This means that those manufacturers have spent a lot of money to research and develop it. Their machines are usually very expensive, and GPUs are much cheaper. "

Heller added that those who use GPU miners "have more flexibility to mine." For example, the popular NVIDIA geforce GTX 1080 Ti card can mine more than 15 different currencies, while ASIC units usually support only one currency

nevertheless, Ethereum is not completely immune to ASIC miners - at least in its current state. In April 2018, bitcontinent released antminer E3, an ASIC specially proced for mining Ethereum. Although widely praised for its hash rate of 180 megahashes per second and power consumption of 800 watts, it has received different responses from the Ethereum community. After the ASIC is inserted, a considerable number of GPU rig owners seem to suffer from loss of profits, and some are even forced to switch to other networks

"in the white paper, ETH must have ASIC resistance. I would like to say that the white paper stands for something "is one of the highest comments on the AR / ethermining topic about the topic discussed when antminer E3 was announced. Another reddit user argued that "the $800 only applies to 180mh."“ Split or die of a nation. "

some Ethereum users continue to suggest that bitmain's mining devices can lead to greater concentration, thus increasing the possibility of attack by 51%. Soon, a group of developers put forward "programmed workload proof" or progpow, which is an extension of the current Ethereum algorithm ethash, aiming to make GPU more competitive and promote decentralization

according to a paper published in March by Kristy Leigh Minehan, co-founder of progpow, about 40% of the hash rate of Ethereum is generated by bitmain ASIC. Alejandro de la Torre, the vice president of poolin, is the sixth largest pool of eth. He confirmed to cointegration that "GPU mining is still dominant" in Ethereum network, and added:

"at present, the profit of eth mining is not high, and the management threshold and cost of GPU equipment are higher than ASIC equipment. Compared with ASIC devices, GPU devices are more flexible, and you can use other algorithms to switch to other coins. "

progpow has not been integrated into Ethereum, and it is not clear when it will be finally implemented - in March, Ethereum core developers were debating whether progpow will really benefit the network in nearly two hours, and failed to reach a consensus. It is worth noting that a bitmain representative has previously told cointegraph that the mining hardware giant does not intend to extend the service life of antminer E3 to start operation after October 2020: "as far as we know, mining will end in October or some time after that."

a safe but uncertain future

indeed, Ethereum will stay away from mining in the future. Ethereum 2.0, which is planned to be launched later in 2020, is a major network upgrade on the blockchain, aiming to transfer its current POW consensus algorithm to a virtual POS (known as "block verifier")

more specifically, users are randomly selected considering their wealth in the network or their "interests". In other words, the more coins a POS verifier chooses to put in, the more coins accumulated as a reward

according to vitalik buterin, the co-founder of Ethereum, e to the transition, the network will be more secure and the attack cost will be higher than the network of bitcoin, although the debate about the better consensus algorithm in the encryption community has lasted for many years. However, it is not clear when to start Ethereum 2.0, as many errors and management issues are reported to be delaying the process

another hypothetical benefit of POS system is that it has higher energy efficiency than pow blockchain. According to digiconomist, the cryptocurrency's total annual footprint is 59.31 terawatts per hour, which is comparable to the electricity consumption of Greece as a whole. However, since a report in July 2019 estimated that 74% of the exploitation of bitcoin was done using renewable energy, the environmental impact of bitcoin does not seem to be so serious

what will happen to the actual Ethereum miner? According to the documentation of Casper upgrade as part of Ethereum 2.0 roadmap, the network will initially support a hybrid model including both POW and POS, thus providing some space for block verifiers and GPU / ASIC miners. Jack O & 39, CEO of skale network; "There will definitely be a transition period when two networks are running at the same time," Holleran told cointegration The CEO of scale network (based on Ethereum's blockchain platform) gave a detailed description of this process:

"the transition from eth1 to eth2 takes time of course - it may be years rather than months. The good news about this slow transition is that dapps and defi platforms will be able to roam around based on survivability, security and real-world evidence of adoption. This is a positive impact on the Ethereum ecosystem. "

dig or not

once Ethereum is fully in the POS orbit, miners will have two options. One is to sell the equipment and use the money to accumulate more Eth and start mortgage. The other is the choice for GPU miners, which is simply switching to other ethash networks and mining counterfeit money. Nick foster, a representative of kabombacks, a US mining equipment dealer, told cointegration that most eth miners would choose the latter:

"what I want to say is that most of the miners have not really entered Ethereum or the mining of specific tokens. Yes, there is a certain amount of mineral deposits and holds, but I oppose the view that a large number of Shanzhai coin miners hold their coins at any time. "<

foster then described how he used 3gb GPU units to mine ethash's point-to-point blockchain asset ravencoin (RVN). Once it was unable to mine eth, he said, "this is the reason for mining crows. I immediately sold stability to BTC, and then sold it to US dollars to pay for my rights. I would say that a lot of people are adopting this strategy. "

as foster concludes, he wants eth miners to jump out of the network, and new players - those who don't invest in power infrastructure or drilling rigs - will take a stake in eth. He described the following:

"I can't imagine if I found a five-year lease with $0.04 of electricity and I was mining eth, I decided to sell everything and then continue to pay the rent so that I could hold eth as a share. Substitute. "

Marc fresa, founder of asic.to, a mining firmware company, agreed in a conversation with cointegraph: "if you invest in mining, you won't bet because you have enough room to grow."

one of the main counterfeit coins that may benefit from POW miners leaving Ethereum is Ethereum classic (etc), which is a more conservative version of the blockchain. It is reported that there is no POS related plan. As it also runs on the ethash algorithm, the startup of Ethereum 2.0 may lead to the migration of miners, so its hash rate may have a significant peak

eth's larger pools have similar options. When asked about the company's plans for Ethereum after pow, Heller told cointegraph that after the announcement of Ethereum's POS upgrade, f2pool launched a sister company called story.fish in early 2018. Story.fish has started to provide mortgage services for other POS and delegated POS projects, such as tezos (xtz), Cosmos (atom) and Cardano (ADA), e to numerous handover delays. For prin, e to the transition to POS, it "may temporarily give up supporting eth mining," de la Torre told cointegraph

other top eth pools, namely nanopool, ethermine, pool center, sparkpool and spiderpool, did not respond to requests for comment from cointegraph.
3. Lightning bitcoin has not been well known because it is a bifurcated coin of bitcoin. Many users in the coin circle instinctively dislike this kind of token. Fork coin has now become synonymous with money and running. But what you may not know is that all bifurcated bitcoin can be called currency in the eyes of foreign regulators. The US SEC only recognizes bitcoin and Ethereum as currencies because they have not concted ICO in public channels. Accordingly, these bifurcated currencies are regarded as currency. And lightning bitcoin is the only one that doesn't pre dig in the fork coin. You can imagine that bitcoin is 100 banknotes issued by a bank, and all kinds of bifurcated banknotes are equivalent to banknotes of different denominations issued by the bank. You may not be able to understand the valuable value of this. When it comes to the circulation of entities, if you are a bifurcated coin of bitcoin, it is easy to pass the government compliance. In short, the reason why the Grand Prince BCH can get through the physical circulation in Japan so quickly is just the light of bitcoin
then why should I say that lightning bitcoin is a great currency experiment? We compare lightning bitcoin to a free economy with three major stakeholders: developers, miners and holders

so far, no blockchain project can effectively govern the three. Why? The reason is very simple. In an ICO project, the developers, coin holders and even miners are the same group. It's easy to understand. Why should he give the best interests to the ICO holders? This is obviously not in line with human nature. The reason why lightning bitcoin dares to do chain governance is related to the issuing mode of lightning bitcoin. LBTC's "governance on the chain" is another attempt to "decentralize", which is also very eye-catching. Dpos mechanism determines that there are 101 nodes in the network. At the same time, unlike pow, the right of choice is in the hands of the coin holder. These nodes will be elected by the vote of the coin holder. When the node does not act, the user can vote out of the network. According to last week's weekly report, LBTC's block browser has also added this function, which can view the operation of nodes in real time. It also paves the way for LBTC's "chain governance". In the LBTC system, all coin holders can vote to decide whether the project development proposal will go or stay, and all members of the organization can participate in the decision-making and operation of the organization. In addition, the 5000 standard of lockup after the election of the lightning node ensures that the node is both a mine pool and a coin holder. In this way, the relationship among miners, developers and users is well balanced, and the foundation of an autonomous organization is formed.
4. Recently, a term "stacking economy" has become popular in the currency circle, which translates into pledge economy
this should be a new term rising after "Tongzheng economy" last year. Compared with the token economy, the pledge economy actually has a much greater interest relationship with our ordinary investors
so today's DDS distributed storage ecological community editor will share with you what is pledge economy and how is its investment
pledge economy is also a kind of mining in essence, but it is different from what we usually call bitcoin mining and Ethereum mining
bitcoin, lightcoin, Ethereum, BCH and other digital currencies are all based on proof of work (POW). Therefore, under this mechanism, the generation of new currencies is all competitive power, so there are all kinds of mining machines. At present, the most popular mining machine with the highest market share is bitmainland mining machine
when we want to participate in the mining of these digital currencies, we usually go to the market to buy mining machines, and then find our own machine room or entrust the mining machines to large mines for operation. The money that the miner digs every day, excluding electricity and operating expenses, is the net income
"piling" is another mining method. Usually, digital currency based on proof of equity (POS) and proxy proof of equity (dpos) adopts this mining method
in this mining method, the nodes in the blockchain system do not need too much computing power, but only need to pledge a certain number of tokens, which can generate new currency after running for a period of time, and the generated new currency is the income obtained through pledge
this is equivalent to that we can deposit money in the bank and get a certain amount of interest every year
2. What are the currencies that support the pledge economy
when the main network of EOS went online last year, the voting of the main node officially opened the prelude of stacking
it is 2020 that really makes this way hot. Since the beginning of this year, a series of digital currencies have been launched in the form of pledge. On the one hand, in order to recruit nodes, the project side carries out extensive publicity. In addition, the powerful operators are willing to cooperate with the project side as nodes to obtain stable income
as a result, the pledge mining economy is booming both inside and outside the circle
data distributed storage (DDS) is also a pledge mining mode
the DDS application circulates and pays for the charging services of the whole ecosystem app, such as: annual fee of video website, online ecation, online Red live broadcast, games, movies, catering, takeout, social networking, etc
DDS issuing mechanism: no private placement, no node selling, no project party. As you go in, as you go out, as you dig, as you sell. There is no big business. Human risk control and ecological empowerment
1. Total distribution: the total distribution of DDS is 180 million, with a constant total. The issue price is anchored at 0.5usdt
2. Design principle: the DDS team made a statistical analysis on the blockchains of data storage related instries with high return on investment in the world and drew a scatter diagram. The analysis results show that, combined with the user experience that the unit price of issue is easy to measure, the total amount of issue is 180 million
3. Distribution ratio:
5% candy distribution
5% pledge circulation
90% mining
according to the number of miners contribution space size mining, strictly in accordance with the hardware equipment involved in mining quantity, pledge certificate and mining output, token price, three trigonometric function output. In the second year, the annual output will be reced by half, and in the eighth year, the remaining output will be excavated.
5. Campus network multi-purpose IPv6 ecation network or LAN access, the upper layer without operator equipment filtering, few firewalls, almost all ports exposed in the WAN environment, easy to attack
6. According to its structure, ball mill can be divided into short cylinder, conical and long cylinder type
there are many manufacturers of ball mill
the length of short cylinder type ball mill is less than the diameter of cylinder, the conical type ball mill is composed of cylinder part and conical parts on both sides, and the length of long cylinder type ball mill is greater than the diameter of cylinder.
according to its medium, it can be divided into ball mill and rod mill. At present, no medium grinding machine is used in mines
according to different ways of ore discharge, it can be divided into forced discharge lattice ball mill and gravity discharge overflow ball mill< Many ball mill manufacturers can be divided into three types according to the drive system:
1. The V-belt drive is used as the transmission system of deceleration. The advantages of this kind of transmission system are that the transmission parts are easy to manufacture, the price is cheap and the maintenance is simple. But the disadvantages are large area and low transmission efficiency
2. The gear recer is used as the transmission system. The advantages of this transmission system are reliable transmission and compact structure. But the disadvantage is that the recer is more expensive, causing trouble
3. Low speed motor is used as the transmission system of deceleration. The advantages of this kind of drive system are that the whole drive system is very compact, the transmission efficiency is high, the metal consumption is small, the motor is synchronous motor, so it can also improve the power factor of the power network. But electric motors are expensive
Mining ball mill is generally composed of feeding, cylinder, discharge, transmission, main bearing, recer and other main parts, as well as coupling, lubrication system, electrical equipment and other auxiliary parts
the specifications of the ball mill are expressed by the inner diameter of the cylinder and the effective length of the cylinder. The energy-saving ball mill changes the original structure of the ball mill, integrates the body and the underframe, and can be suspended on the foundation plane at one time ring installation. The main bearing adopts double row self-aligning spherical roller bearing, which can rece energy consumption by 30%. By changing the forced discharge from lattice ball mill to overflow ball mill, the fine particle size of ball mill can be improved, and the processing capacity of ball mill can be increased by 15-20%
Gongyi Longtai ball mill is the lowest price mill manufacturer. Customers are welcome to consult:
http://hi..com/driftkingtwo/blog/item/c766c34f1684ab0b9313c698.html
7. 1. In his later years, Ouyang Xiu tried very hard to revise the words he wrote in his life every day. His wife told him not to revise them, saying: why torture himself like this? Are you still afraid of the teacher's scolding? Ouyang Xiu said with a smile: he is not afraid of being scolded by his husband, but he is afraid of being laughed by later generations.

2 Lincoln once dreamed that he would attend a meeting. When he walked, everyone would give way for Lincoln to pass by. At this time, in a large group of people, one whispered that he was just an ordinary man. After hearing this, Lincoln said: friend, God likes ordinary people, So he gave birth to a lot of ordinary people.

president of Harvard University said: I think Harvard can really be called a treasure house of knowledge now. But I think that the reason why Harvard can become a treasure house of knowledge is that freshmen bring knowledge, while seniors leave school with only a little knowledge.

4, A journalist asked Kennedy: How did you become a hero in World War II? Kennedy replied: they sank my cruiser, and I became famous. We know that Kennedy was in dt-o 8 and was sunk by the enemy, and he was also injured.

5. Socrates' wife was very fierce. Once, she lost her temper and scolded Socrates, but she was still angry and carried a bucket of water, Socrates scratched his wet hair and laughed: after the thunder, there will be heavy rain. This is the law of nature, and it also proves that this is true.

6. Once, there was an acting competition to imitate Chaplin held somewhere. There were as many as thirty or forty people participating in it. Chaplin himself also took part in it anonymously, but he got the third place, Chaplin thought it was the biggest joke of his life

7. Once, when Socrates was walking in the street, someone hit him on the back with a stick. The pain made him unable to stand and squat down. But soon, he stood up as if nothing had happened. Others who witnessed the whole process saw that he didn't have any reaction and asked him curiously: why didn't you fight back when you were beaten? Socrates replied with a smile: when a wild donkey kicks you, will you give it back

8. When he was young, Bernard Shaw liked to ride a bicycle. Once he broke his leg bone, and his female classmate took good care of him. Bernard Shaw was worried that he would not be strong enough to propose to this female classmate, so he decided to slip away. But he accidentally fell down the stairs and broke both legs. As a result, he asked her if she would marry him, Bernard Shaw fainted.

9. When Mozart was six years old, he held his first concert at the palace in Munich, Germany. Because the floor of the palace was smooth, he slipped and fell as soon as he entered the palace. At this time, a little princess came up to him, helped him up and kissed his hand. Mozart was very grateful and didn't know how to thank him, In the American election in 1948, President Truman rushed to his hometown from the White House to vote. A group of reporters came to the president's home, but they didn't see the president. Later, when they met the president, a reporter asked him what had happened along the way. President Truman replied: a police car asked us to stop, It looks as if there is an important person going through the town today
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