Does WCG mining need a miner

1. Like Ethereum eth, Ethereum classic etc also adopts POW mining mechanism and ethash algorithm, mainly relying on graphics card miner and a small number of customized miner.

2. The revenue from the purchasing power contract varies from two to three years. You need to book and purchase the mining machinery in advance, search for electricity or look for the mine trusteeship, which has a lot of deployment costs and electricity costs. It also needs manual maintenance. The mining machinery has a service life. In addition, the mining machinery market is updated rapidly, so the cost of such calculation is very high, and it is also very troublesome.

3. The desktop can't be g down at all. You can try something else. I'm just digging ITGC, which costs dozens of yuan a day.
the most important thing is that the ITGC client has built-in one click mining! One click mining! One click mining! Important things are to be repeated for 3 times. For Xiao, in fact, mining is not so difficult, as long as there is a computer, a mobile phone can, today teach you a key mining
first of all, we need to download ITGC's wallet client. We can search eppool, Download professional mining tools, and now support PC's win, Linux, MacOS's CPU and graphics card mining, as well as Android mobile phone mining! The second step is to download the official wallet client. After downloading and installing, we start ITGC wallet. Step three, start mining Mining command] enter go and enter to start your mining journey. It's so simple! It's amazing!

4.

At the end of March this year, bitmainland launched an ant miner X3 based on ASIC, which is mainly aimed at Monroe coin (XmR) and cryptonight algorithm dependent cryptocurrency. Monroe coin immediately issued a counter statement that it will change the core algorithm to fight against the invasion of ASIC computing power

what would be the result if it appeared in the world of digital cryptocurrency? That is, the wrong calculation results may be brought into the whole network without being discovered

More importantly, if a "calculator manufacturer" monopolizes the calculator market, it can also deliberately proce this kind of calculator with errors to change the mathematical rules

after all, the "calculation" in the field of crypto digital currency is not as simple as 1 + 2 + 3. You can't compare paper currency with special currency by hand

the practical significance of computing power monopoly in mainland China

we have learned about attacks based on 51% computing power in various articles

but the reality is that although the global power of 78% was in Chinese mainland, fortunately, they were scattered in different pools and controlled by different people. p>

although all POW based cryptocurrencies have the risk of being attacked by 51%, few people can really launch attacks e to the dispersion of computing power

but what if the miners themselves don't want to attack, but the mining machinery manufacturers attack

still using the analogy just now, although each miner subjectively wants to do the problem checking independently, their calculator is manipulated remotely and gives consistent wrong answers. This may pose a great threat to digital cryptocurrency

however, the manufacturer with the absolute voice of mining machinery had such a problem in mainland China

in April 2017, the back door of antbled came out. Although this is described as a "vulnerability" in Chinese, antbled is more like a function that has been implemented and designed

anonymous people found that after an ant miner made by bitmainland was connected to the network, it would communicate with a domain name held by bitmainland on a regular basis and return the miner's serial number, MAC address and IP address to bitmainland's server. If the server of bitcontinent gives a negative signal, the miner will stop running

although bitcontinental responded that they could not shut down any mining machines that did not belong to them. However, the bitcoin core team has proved in experiments that this function has no verification. Anyone can shut down mining machines by forging DNS - but it also means that bitcoin mainland has the ability to shut down any sold mining machines

After

, bitcontinent fixed this "loophole", but it caused heated discussion in the community. This has also set the tone that almost all pow blockchain communities are biased against mainland China

a few months later, under the leadership of bitcontinent, viabtc g out the first block and made a hard bifurcation with the blockchain of bitcoin. From then on, bitcoin BCH (bitcoin cash) appeared in the world

will the monopoly of mining machinery destroy the distributed system

facing this problem, we should have a clear answer now. That is, the monopoly of mining machinery will certainly affect the safe operation of pow digital cryptocurrency

the problem is not whether bitcontinental and its founder Wu Jihan are trustworthy, but that one of the values of any blockchain system is to operate safely without trust in any single company or indivial

even if the ASIC miner is not monopolized by bitmainland, the ASIC miner itself will increase the concentration of computing power

the ASIC used for mining has great requirements for ventilation, power and site, and has no use except for mining. At the same time, the calculation difficulty of the whole network is increased e to the powerful computing power

as a result, it is very difficult for external players to start mining in the next software on the computer as they did five years ago. And the recent centralized exchange is caused by frequent black incidents, which also proves that concentration in this unregulated market will definitely lead to insecurity

assuming that the bitcoin network runs on top of one million miners, no one can shut it down. And if the bitcoin network runs on 20 large mines, it's much easier to shut it down

and by the end of 2017, 78% of the effort was concentrated in mainland China, which led to a real possibility of Chinese mainland regulators' launching a deadly attack against the special currency. p>

moreover, most of the scenarios of using digital cryptocurrency are related to "decentralization". Once centralized, it means that these scenarios no longer exist. It turns a project that might have value into a pure waste of computing power

Then, what measures should we take in the face of this situation

first of all, as the project side, it may be time to give up the pure POW mechanism. In fact, in many projects of issuing cryptocurrency, especially in asset securitization projects. Similar to the concept of stock in the real world, POS itself is more reasonable than pow

in the media that don't know about blockchain, we often hear such words as "bitcoin wastes a lot of computing power and has no value", which is reasonable to some extent. It is difficult for a POW based blockchain to bind the value of the project itself to the issued digital cryptocurrency - because the real value behind the price of the currency does not come from the project, but from the cost of maintaining computing power

and the hybrid mode of pow + POS is more like the future. In the hybrid mode, both coin holders and miners can participate in the major decisions of this community. If a decision is widely accepted, the blockchain will be soft forked to the latest state without excessive intervention of developers, and there will be almost no private resistance of miners or mining machines

secondly, as a retail miner, if you are still digging a pure POW mechanism currency, you should unconditionally support the bifurcation activities initiated by the community to resist the ASIC mining machine, even if it will lead to the failure of your mining machine

this may sound contradictory, but in the long run, it is better to promote the reform of the community and get more benefits in a currency controlled by the monopoly of computing power. Because in many conflicts between computing power and community in the past, the ultimate result is that the computing power owner will forcibly keep the old algorithm to hard fork the blockchain

just like Eth and etc, the classic Ethereum (etc), which belongs to the computing power master, has lost the support of developers and become an air coin with no vitality and impossible to develop applications

as a retail leek, you should be careful to trade the non mainstream digital currencies (except bitcoin) supported by bitmainland mining machinery, so as to avoid falling into a blockchain in which bitmainland controls the computing power completely

finally, if you are bitcontinent, what should you do

bitcontinent's goal is to become Intel, AMD and NVIDIA, make greater contributions to the whole computer instry, and become a great company, not just entangled in the immediate interests of mining

Wall Street financiers have long seen through the violence brought about by NVIDIA's video card mining. The rise and fall of the company's stock price has been consistent with the price of bitcoin, and even affected by the digital currency market. Citron, a well-known short seller, has recently been bearish on NVIDIA, arguing that the company has focused too much on providing services for digital currency miners rather than on serious businesses such as artificial intelligence, games and driverless driving

the mission of chip manufacturers is to provide more powerful chips to drive more intelligent services, and finally contribute to the real world, rather than become monopoly tycoons in the virtual world. When we no longer enter the gate of the virtual world, the only thing left is a deserted land

in an interview with US media last year, Wu Jihan disclosed that he would make an IPO with a market value of billions of dollars. As a company about to go public, bitmainland should not only be responsible to investors, but also accept investors' questions about the sustainability of its business. "If your mining machinery goes public, it will encounter a fork, what should you do?"

and this question, which needs to be asked after the listing, has already appeared: the current price of the split coin xmo after the Monroe team split is $7.50, while the current price of the real Monroe coin XmR is $194, and the split coin is completely abandoned by the Monroe community

before bitcontinent becomes the name of all blockchain communities, we can rely on the huge amount of capital accumulated in recent years to transform into an artificial intelligence chip company along the previous plan, rather than continue to develop a variety of digital currency mining machines to extract the last drop of oil before the ecological collapse

content source: phoenix.com

5.

Mining needs high-end graphics card, mining equipment is the first to eliminate NV graphics card. Mining must be done with graphics cards. The overall structure of mining equipment and ordinary PC machine is different is the number of graphics cards. You can install four or eight through pic extension

after expansion, an expansion shelf needs to be made. To fix the graphics card and other equipment, we need to get some fans on the shelf to cool the graphics card

CPU is not very important. But not lower than i5< br />

6. It's really difficult to mine now. First of all, determine whether your positioning is correct. As mentioned above, you may not be able to play one in eight years in ten years. Of course, you are lucky to dig out a few in one year, but this is gambling. The probability is very small, ha ha

however, you really regard mining as fun and entertainment. If you don't care much about whether you can dig, you can also let your own machine dig all the time. However, the machine configuration above you should not be low, but it is not suitable for mining, just as the swimming champion is not necessarily good at mountain climbing

generally speaking, mining machines mainly focus on graphics cards, which have little to do with processors, main memory boards and hard disks. Of course, they need to be stable and not crash for a long time. In fact, a card is more suitable for mining. In principle, you can go to the network. It is said that before the emergence of R-Series a card, the card with good mining effect was not hd88708750, But we despise the old graphics card that has been eliminated

7.

How to dig bitcoin:

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01

first, download a bitcoin e-wallet from the Internet. It should be noted that the wallet is very large

06

finally, fill in your miner's information in your mining tool. User name should fill in the miner's name. Remember to add the miner to your email in the form of your registered account

8. Now mining is deceiving, we need to pull people to invest together, and we need to dig together!

9. Of course, but there are many undocumented ones