What is the meaning of the income of the ore pool

1.

Mine pool refers to:

as the computing level of the whole bitcoin network continues to rise exponentially, a single device or a small amount of computing power can not get the block reward provided by the bitcoin network on the bitcoin network

after the computing power of the whole network has been improved to a certain extent, the low probability of getting rewards has prompted some geeks on "bitcoin talk" to develop a method that can combine a small amount of computing power and operate jointly, and the website established in this way is called "mine pool"

extended data:

the existence of the mine pool reces the difficulty of bitcoin and other virtual digital currency mining, reces the mining threshold, and truly realizes the bitcoin mining concept that everyone can participate in

but its disadvantages are also very obvious, because computing power is connected to the mine pool. As a mine pool, it will have huge computing power resources. In the bitcoin world, computing power represents the bookkeeping right, and computing power is everything. If the computing power of a single mine pool reaches more than 50%, it will be easy to launch 51% attacks against virtual digital currencies such as bitcoin, The consequences are very terrible:

the mine pool can make the mine pool with 49% of the remaining computing power have no harvest, instantly quit the competition and go bankrupt. The mine pool's computing power exceeds 50%. If 51% attack is launched, it will easily occupy all the effective computing power of the whole network

2. It's a very simple method. You can directly input your electricity bill with the small tools of the mine pool, such as the coin printing mine pool, and you can see the corresponding daily output of each model and the income converted into RMB. At the same time, you can see the market prices of different models of machines on today's miner's official website, and you can calculate the return cycle.

3. How to choose mine pool

ore pool cost

at present, the allocation modes of ore pool mainly include PPS, PPS +, FPPS, PPLNs and solo mode

in the corresponding allocation method, the mine pool charges part of the income of the miners at a certain rate as the mine pool fee

PPS: the income is stable. As long as the mining machine works normally, there will be income. The income is related to the submitted workload, and has nothing to do with the lucky value of the ore pool and the transaction fee

PPS + (pay per share plus) settlement method is an improvement on the traditional PPS settlement method. Based on the traditional PPS settlement method, the distribution of miners' fees is increased

FPPS: full PPS, which allocates all block income including transaction fees. Compared with the traditional PPS settlement mode (no transaction fee allocation), it can increase the income by 10% - 20%

under the PPLNs (pay per last n shares) settlement mode, every effective block found in the ore pool is allocated according to the proportion of user computing power in the pool computing power in the past n difficulty cycles. In this way, the income of miners is related to the output of ore pool. The income of miners is unstable, but the long-term average income is higher

in solo settlement mode, all the income is distributed to the miners who dig out the block, and other miners do not participate in the distribution. The mine pool charges very little handling charge, which is used for the operation and maintenance of the mine pool< How to choose a mine pool:

1< Secondly, choose your distribution mode, pursue stability or high income. It is generally recommended to choose PPS or PPLNs of large ore pool< Finally, according to the distribution mode, select the supported ore pool, and choose the one with fast connection speed and good income

4. In addition, 1-2 spare ore pools are selected for emergency use.

4. Bitfish mine adopts PPS mode: pay per share mode, which pays for each share immediately. The expenditure comes from the existing bitcoin funds in the mine pool, so it can be withdrawn immediately without waiting for the block generation or confirmation. In this way, the operation behind the scenes of the pool operators can be avoided. This approach reces the risk to the miners, but transfers the risk to the pool operators. Operators can charge fees to make up for the possible losses caused by these risks. In order to solve the problem that PPLNs sometimes has a high profit and sometimes has no profit, PPS adopts a new algorithm. PPS estimates the daily available mineral resources of the mine pool according to the proportion of your computing power in the mine pool, and gives you basically fixed income every day.

5. This is the way to calculate the income of coin'an mining pool; FPPS = theoretical income of average daily calculation power * (1 + transaction rate) * (1-pool handling rate).

6. The collective data bitcoin of mining machine can be made by computer. This is called mining machine. For example, if there are 1000 mining machines, they will eat 1000

7. It is a fully automatic mining platform, which enables miners to contribute their own computing power to mine together to create blocks, obtain block rewards, and distribute profits according to the proportion of computing power contribution (that is, mining machines are connected to the mine pool, provide computing power, and obtain profits).

8. Mining boy seems to be, you have a try!!!

9. It's two forces that bring the object to equilibrium