UBG miner

bitcoin mining is a process that uses computer hardware to calculate the location of bitcoin and obtain it

mining is an incentive process to record data in the bitcoin system. In the bitcoin system, indivial users have the right to pack blocks after calculating a specific hash value by using CPU or GPU to hash

and in order to reward this user for packing blocks, the system will give a certain amount of bitcoin as reward. Because this process is very similar to "mining" in real life, most people call this process mining. In addition to bitcoin, other electronic virtual currencies can also be obtained through mining rewards, such as Ethereum, Monroe and so on

extended data:

mining risk:

1, currency security

the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin

2, system risk

system risk is very common in bitcoin, and the most common one is bifurcation. Bifurcation will lead to a drop in currency price and a sharp drop in mining income. However, many cases show that the forking will benefit the miners, and the forked competitive currency also needs the miners' computing power to complete the minting and trading process. In order to win more miners, the competitive currency will provide more block rewards and handling charges to attract miners. Risk makes miners

Xiaoyi is a decentralized network protocol based on blockchain technology, which digitizes the assets and interests of the physical world, and carries out financial business such as registration and issuance, transfer transaction, clearing and delivery through point-to-point network. The community operation officer or technical reserve cadre who can contact Xiaoyi is different from the blockchain concentric mutual aid platform. Theoretically, Xiaoyi can be used in equity crowdfunding, P2P online lending, digital asset management, intelligent contract and other fields. Xiaoyi uses blockchain technology to complete the asset registration, transfer transaction, clearing and delivery. By digitizing the assets, the property rights of any entity assets become programmable. Through the atomic level transaction and real-time delivery characteristics of blockchain technology, the operating cost and ecological chain of securities transaction are greatly reced. Today, Xiaoyi officially met with the public. In the official website officially online at the same time, small ant also want to understand the user seriously prepared a white paper, detailed description of the small ant technology implementation scheme logic.. Xiaoyi is an open source system. It follows the MIT Kaiyuan protocol. If you are interested, you can download, or modify it on GitHub to generate a new version.