What else can miner do

1. The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
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

2.

Now the hottest miner is not bitcoin miner, but filecoin miner. The year can be hot. It's said that the miner will be on the main chain in the middle of the year. Now it's delayed. Now it's said that the miner will be on the main chain in the middle of next year. Many people have bought the miner for a long time, but they are digging other coins, and they can't dig filecoin yet

the cost of mining machinery is neither expensive nor cheap. It takes time to recover capital and make profits. This year's currency market is in downturn, and the cost of digging bitcoin is increasing, but the price has been between us $6000-7000, so there is no profit to cover

now mining can only be excavated before the market goes up to sell for money. The average time for the mine to go back is more than 6 months. Next year, whether the market is good or not is still unknown. Moreover, the heat of the digital money has dropped, and the bubble is still very large. p>

3. Smart people will choose to refit mining machine for other purposes, or put it at home as a souvenir, which is also good.

4.

The bitcoin mining machine downloads the mining software and then runs a specific algorithm to get the corresponding bitcoin after communicating with the remote server, so as to obtain the bitcoin

any computer can become a mining machine, but the benefit will be relatively low, and it may not be able to dig a bitcoin in ten years. Many companies have developed professional bitcoin mining machines, which are equipped with special mining chips, and their computing speed is tens or hundreds of times higher than that of ordinary computers

bitcoin miners can neither increase their rewards by cheating, nor deal with the fraulent transactions that destroy the bitcoin network, because all bitcoin nodes will reject the blocks containing invalid data that violate the bitcoin protocol rules. Therefore, even if not all bitcoin miners can be trusted, the bitcoin network is still secure

extended data:

mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network

this process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary

anyone can run software on specialized hardware and become a bitcoin miner. Mining software monitors transaction broadcast through P2P network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners can earn transaction fees paid by users to speed up transaction processing and additional bitcoin issued according to fixed formula

5. There is no other use at the moment. The income in other currencies is average. If you think bitcoin will rise in the future, you can always dig bitcoin. If you and I have a future in other currencies, you can also dig them

6. A miner can mine through some mining machinery.

7. Dream of mining excrement water, such a dream is nonsense, just laugh it off

8.

bus route: no.808 → No.601 → no.369 → No.28 of Gaofeng express → Metro Line 4 → No.141, the whole journey is about 129.4km

1. Walk about 90m from Humen central passenger station to humen central station

2. Take no.808, pass 39 stops, and reach Daojiao Xieyi Electronic Factory Station

3. Walk about 230m to Daojiao Xieyi Electronic Factory Station

4 Take No.601 bus, pass 14 stops, and reach Machong market (Gumei Food Street) station

5, take no.369 bus, pass 7 stops, and reach Youyi Road Station

6, take No.28 peak express, pass 9 stops, and reach Huangcun interchange station

7, walk about 590 meters, and reach Huangcun station

8, take Metro Line 4, pass 13 stops, and reach Huangge station

9, walk about 70 meters, and reach Huangge metro station

10 Take bus No. 141, pass 22 stops and get to Nansha passenger station

9. If you don't understand, you can ask today's miners, who have been specialized in operating high-quality mining machines for many years. They know the instry like the back of their hands and are responsible for after-sales

10. Bitcoin is the ancestor of all virtual currencies.