What's the relationship between miners and mines
Publish: 2021-05-18 13:53:13
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. 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
3. 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.
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.
4. Mining is actually competing for the right to pack in the block
as tens of thousands of miners compete for the right to pack, the probability of a single miner seizing the right to pack is very small, and the output is very unstable. It is possible to grab the right once an hour or not once a year
in order to stabilize the mining output, miners often choose to join the mining pool. The mining pool integrates the computing power of a large number of miners and occupies a certain share in the total computing power of the whole network, so as to obtain a more stable mining output. After charging 2% ~ 4% of the pool handling charge, the output is distributed to the miners according to the miners' computing power
it's just like that it's hard for one person to win the lottery, so the mine pool organizes many people to buy the lottery together, and after winning the lottery, they are distributed to everyone according to the amount of contribution.
as tens of thousands of miners compete for the right to pack, the probability of a single miner seizing the right to pack is very small, and the output is very unstable. It is possible to grab the right once an hour or not once a year
in order to stabilize the mining output, miners often choose to join the mining pool. The mining pool integrates the computing power of a large number of miners and occupies a certain share in the total computing power of the whole network, so as to obtain a more stable mining output. After charging 2% ~ 4% of the pool handling charge, the output is distributed to the miners according to the miners' computing power
it's just like that it's hard for one person to win the lottery, so the mine pool organizes many people to buy the lottery together, and after winning the lottery, they are distributed to everyone according to the amount of contribution.
5. It's one of the baskets with BTC;
6. 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.
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.
7. Joining the pool alliance has two advantages for miners: one is that miners can get stable mining income; the other is that miners only need to be responsible for hash operation, and other things are handled by the pool, which improves the mining efficiency. In other words, by adding a large proportion of computing power in the mine pool collection network, it is far more likely and less risky for miners to obtain block rewards alone.
8. 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
9. 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).
10.
"Miner": a miner. It's a noun
"mining": mining mineral resources. It's a verb
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