IPFs self built ore pool
bitcoin exists in the Internet, because it is essentially an encryption code, so in order to obtain bitcoin, we have to obtain it from the network in a certain way. Just like gold, it needs all kinds of machinery and equipment to dig. Bitcoin mining is also similar to gold mining. It also needs various machines and tools to obtain bitcoin. At the beginning, bitcoin could be g through the computer CPU, but as the value of bitcoin is graally disclosed and enlarged, many people graally improve the performance of mining equipment in order to obtain considerable benefits, that is, to the present ASIC mining machine. Now a miner is equivalent to dozens of computers. The mining ability of this miner is greatly improved, and the probability of obtaining bitcoin is also increased accordingly. However, the power consumption of the mining machine is too high. Most people leave it at home, and the income may not be able to offset the electricity charge. So mining machine mining, has graally become a small part of the financial strength of the game. This is not a good thing for bitcoin
therefore, based on this phenomenon, Xbit mining was born. Xbit mining is mainly based on the calculation power of the entity miner. The difference is that Xbit is equal to 1t calculation power and the power consumption is 60W. It is equivalent to lowering the threshold of participation in mining. Ordinary people also want to participate in bitcoin mining. There are certain ways
in general, if the financial strength and resource strength are strong, you can buy a large number of mining machines to dig bitcoin; Those with limited capital and resources can buy part of Xbit for mining, and finally get bitcoin. Specific choice of which way, mainly according to the owner's own situation.
1、 Different ways of issuance
bitcoin and other virtual currencies are not issued by specific monetary institutions. They are generated by a large number of calculations based on specific algorithms, which is a decentralized way of issuance. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information. The virtual money of pyramid scheme is often rewarded by the way of sending money
Second, different trading methodsbitcoin and other virtual currencies are scattered transactions spontaneously formed in the market, and after the scale is formed, the third party graally establishes an exchange to complete the transaction. However, pyramid selling virtual currency is often issued by itself, and self built platform for trading
Third, different ways of implementationbitcoin and other virtual currencies are open source programs, and the parameters and ways of their total amount limit are shown in the open source code. However, the so-called open source of pyramid selling virtual currency itself is completely ing other people's open source code, and it does not use open source code to build programs, so its essence is controlled by the website as Q coin
extended information:
pyramid selling is to absorb and allocate funds by developing the relationship between the upper and lower line. In the bitcoin investment market, the elderly and new people do not have the time advantage, nor do they rely on high profits to pull down the line. In the face of market fluctuations, no one can guarantee that they will make money, and the elderly can not force them to get income from pulling new people
bitcoin or other digital currency does not belong to any person or organization. It is an uncontrolled and decentralized program. The code is fully developed, and the total amount cannot be modified or destroyed
source of reference: network bitcoin
source of reference: network MLM source of reference: network bitcoin