What's the meaning of one mining machine
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 a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design 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. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
mining machine is a tool for procing and mining bitcoin
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: the price of the miner is higher
2: we need to consider how long it will take to get back the original
3: it's troublesome to buy and troublesome to maintain
4: it is time-consuming and power consuming, and it also needs to run the mining software with the computer on
5: there are risks of depreciation and damage
the above risks and defects make many miners shy away from buying mining machines. Fortunately, we are in the era of cloud computing. Now the era of "cloud
miner" has finally come. Now there are websites selling computing power on the Internet. That is to say, they have a large number of mining machine cluster equipment and sell their computing power on the Internet, Generally speaking, cloud mining machine mining has the following advantages:
1: there is no saying that "you can't get back the cost". How much you dig is how much you earn. If you don't want to dig, you can sell GHS computing power at any time
2: there is professional mining equipment space to ensure the uninterrupted operation of mining machinery
3: no freight, no electricity, no depreciation, no risk of damage
4: computing power can be bought and sold at will, not limited to 1g, or only 0.001g. If you want to buy more, you can buy more, and you can sell if you don't want to
5: "cloud miner" digs bitcoin on the server side. You don't need to turn on the computer, just wait to receive bitcoin
now there are fewer and fewer bitcoins that can be g, and it is more and more difficult. If you want to dig bitcoin, you have to start early
although you don't have a graphics card worth thousands of yuan and a miner worth tens of thousands of yuan, you can be a hardworking bitcoin miner because of the cloud miner! Get a lot of money. Now I will take you to operate the happy process of mining with the cloud mining machine, because at present, the interface of the cloud mining machine is mostly in English, which is difficult for some beginners to understand. I will explain each detail carefully with pictures and text, and translate it into Chinese, please rest assured.
Every 100 S4 bitcoin mining machines consume 900W of electricity per hour
How to dig bitcoin:
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first, download a bitcoin e-wallet from the Internet. It should be noted that the wallet is very large
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finally, fill in your miner's information in your mining tool. User name should fill in the miner's name. Remember to add the miner to your email in the form of your registered account