Pool and machine

1. At present, with the increase in the number of people mining in various currencies, the difficulty is also increasing. If you mine with a single computer, the possibility of digging out a block is relatively small. Take BTC for example, it is very likely that you will find one in half a year; If you connect your own miner to the mine pool, you can ensure that you have a basic income every day, which is relatively stable for miners. The premise is to select a suitable ore pool according to different currencies. Generally speaking, the current mining pools: ant mining pool, fish mining pool, coin printing mining pool, viabtc, flypool are all pretty good

2. The main reason is that the distribution mode of bitcoin is different: according to the operation mode, the common bitcoin pools are as follows: PPLNs, PPS, DGM, P2P ool, etc.

PPLNs: (the purest Group Mining) full name is pay per last n shares, which means "pay income according to the past n shares", which means that once all miners find a block, You will allocate the currency in the block according to the proportion of each person's own shares Share means share)

in PPLNs mode, luck is very important. If the mine pool can find many blocks in a day, then everyone's dividend will be very large. If the mine pool can't find any blocks in a day, then everyone will have no income

PPS: pay per share mode --- this mode is to pay 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 The expenditure comes from the existing bitcoin funds in the mine pool, so it can be withdrawn immediately without waiting for the block generation or confirmation.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 method reces the risk of miners, but transfers the risk to the pool operator. 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

do you feel that this is a stable job? In fact, in order to avoid the risk of loss, the PPS model often charges a high handling charge of 7% - 8%< DGM: Double geometric method. It combines PPLNs and geometric reward type, so that the pool operator can avoid part of the risk. The pool operator will collect part of the excavated currency in a short time, and then return it to the miners with normalized value, such as charge and discharge of electric capacity. If you are lucky, you will get less money for each block and more money for poor luck

175btc: the mining node of 175btc works on a shares chain similar to bitcoin blockchain. Because there is no center, it will not be attacked by DOS. Unlike other existing mine pool technologies, each node's working block includes bitcoin paid to the owner of shares in the early stage and the node's own bitcoin. 99% of the reward (50btc + transaction cost) will be distributed equally to miners, and the other 0.5% will be awarded to those who generate blocks

bitcoin home has a detailed introction.

3. Because it's not the ore that can't be mined

4. The miner is used to dig money, and the mine pool is used to deposit money

5. A mine pit is like a coal mining area, which can be g out by a miner
for example, a zero coin mine can be g 24 hours by a miner. According to the calculation power of the miner, an equal amount of coins can be g out

6. As a technical service organization of filecoin, we suggest to choose the latter. If we only buy the hard disk miner, there will be upgrade later, hosting is the best choice.

7. Bear the depreciation cost of the mining machine for the mine owner

8. 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).

9. The mining machine of bitfish mine is a cluster mining machine with high computing power. The era of CPU mining has long passed, and GPU mining is not the mainstream. Now bitfish mine is an era of ASIC mining and large-scale cluster mining. Looking back on the mining history, bit mining has gone through the following five times: CPU mining, GPU mining, FPGA mining, ASIC mining, large-scale cluster mining, while the mining chips are updated, the mining speed changes are: CPU (20mbash / s), GPU (400mbash / s), FPGA (25ghash / s), ASIC (3.5tash / s), large-scale cluster mining (3.5tash / s * x), At present, bitfish is simulating quantum computing, but it is still a high computing power cluster miner.