Philippines Mineral Machinery Forum

1.

According to the current difficulty calculation, we can dig about 1.012 Laite coins a day. This is the average calculation result in the mine pool. If there is an efficient mine pool or solo, maybe more

litecoin (abbreviated as LTC, currency symbol: 321;) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world

lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places

design purpose

it is based on bitcoin protocol, but it is different from bitcoin in that even at the present stage, it can efficiently "mine" through consumer hardware. Liteoin provides you with faster transaction confirmation (2.5 minutes on average). It uses hard memory and mining workload proof algorithm based on scrypt (an encryption algorithm). It is oriented to ordinary computer and graphics processor (GPU) used by most people. The litecain network is expected to proce 84 million currency units

one of the design purposes of litecoin is to provide a mining algorithm, which can be run simultaneously on the bitcoin mining machine. With the rise of application specific integrated circuits (ASIC) designed for bitcoin mining, litecoin is also closely following the technological evolution. But before the widespread use of litecoin currency, it is unlikely that there will be an application specific integrated circuit (ASIC) specially designed for litecoin

related website community

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official website of litecoin

official forum of litecoin

lightcoin China community

transactions

a peer-to-peer network similar to bitcoin handles lightcoin transactions, balances, and issues through a script workload proof scheme (when a sufficiently small hash value is found, the, A block will be created, and the lightcoin will be issued. The process of discovering the hash value and creating the block is called "mining"). The issuing rate of Leyte coins is reced by half every four years (every 840000 pieces) according to the proportional sequence, and finally the total number of LTCs is 84 million. Unlike bitcoin, the memory intensive feature of script makes it more suitable for "mining" with graphics processor (GPU). FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are more expensive than sha256 used for bitcoin

currently, lightcoin can exchange legal tender and bitcoin, most of which are through online trading platforms. Revocable transactions (such as credit card transactions) are generally not used to purchase Leyte, because Leyte transactions are irreversible, which brings the risk of refund. As of April 25, 2013, a Leyte is worth about $3.97 or 0.028 bitcoin. This makes Leyte the second largest electronic currency with a market value of about $35 million

client

litecain is a free software project released under MIT / X11 license, which allows you to run, modify and the software according to your own needs. You can also release a modified version of the software if you like

the software is released in a completely transparent form, and users can independently verify the binary version and the corresponding source code

mine pool

the lightcoin is generated by "miner's mining". Mining is done by hashing with computer graphics card. If the value of "mine burst" is calculated, the system will reward 50 lightcoins at one time. At present, the computing power of lightcoin is growing rapidly, and the miner can't find the mine through several computers. Therefore, it is necessary to join the mine pool, which collects all the computing power, It is estimated that the probability of calculating the "blasting" value is higher

at present, the well-known mine pools include BTCC (original bitcoin China) mine pool, waltc.net fish pool (f2pool), wemineltc, coinotron, silverfish, liteguardian, litecoin pool.org, etc. But at present, the highest income is f2pool. Recently, it launched lightcoin theory income + 10% of mine pool subsidy = your actual income, which has attracted the attention of many miners and the instry

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the world's main active countries, the exchange rate of digital currency <

symbol

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lightcoin

LTC

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coblee

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litecoin / org

~ $3.6 billion

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script

data block chain

litecoin block chain, compared with its competitor bitcoin, can handle larger transaction volume. Due to the more frequent generation of data blocks, the network can support more transactions without modifying the software in the future
as a result, businesses can obtain faster transaction confirmation, and they can still wait for more transaction confirmation when they sell large value procts

In fact, digital virtual currency is far from the above. Forbes magazine listed the top 30 virtual currencies in the market by their total market value and price as of 10:00 a.m. local time on the 27th. Caijing.com and venture capital Post said that there are at least 60 kinds of virtual currencies currently traded According to the Forbes report, bitcoin ranked first in market value and unit price. It was the lightcoin designed by Li Qiwei, a former Google programmer, that won "erlianya". In the past week up to the 27th, the price of lightcoin rose rapidly from $6 to $26, a considerable increase. The third to fifth place in the total market value are spot money, nominal money and prime money. The report counted the 24-hour gains as of the 27th. Almost all of the 30 currencies rose, with the biggest increase of the quark currency, reaching 278.55%. The report also said that almost all virtual currencies have taken a ride in the current round of bitcoin's rise, but most of them have poor business, with 8 companies with a total market value of less than $1 million and 19 companies with a unit price of less than $1

2. In China, there are two organizations that carry out pyramid selling under the banner of digital currency. One is Vicat, the other is radar. They are called the peerless double pride in pyramid selling. They are the two flags of financial fraud and the two yardsticks to test the IQ of buyers. The so-called left Vika, right radar, 3m in the chest, no matter how many people you want to pull, I will never look back

from the bottom of my heart, after seeing so many MLM coins, I have to say that the packaging of radar coin is not bad, at least much better than Vicat coin. When we open its official website, we can find that MLM dealers still use quite a lot of thoughts in the design of the official website, from his design, this layout, At least, it's not comparable to other glamorous and cheap money with a design fee of 100 yuan for MLM. The template of radar coin website cost at least 1000 or 2000 yuan. What cost is different. It looks like it's grand and elegant

the swindler has made great efforts

then we can look back at his good brother Vicat, and we can find that the web design level of Vicat is still in the last century. There are no flat style, dynamic interaction, and nothing. This is a typical 100 yuan forum. It's really outrageous that we cheated so much money, I'm not willing to use 100 yuan to decorate the facade<

the strong mountain style design of Vicat coins

without comparison, there is no harm. Suddenly, people who are fooled by radar coins can understand. After all, people are valuable, but people who are fooled by Vicat coins are really hard to say. Of course, the facade belongs to the facade. No matter how beautiful the facade of radar coin is, it can't hide his inner dirtiness and ugliness
radar currency is not tight. It is a very hidden and powerful pyramid scheme. Its concept is rubbish. If it is a global payment, what kind of transaction currency does it engage in, and the transaction currency fees will also rise or fall. I will go. There has never been a payment platform whose transaction fees will rise or fall. It is a rubbish platform for selling currency, Every time they earn money, they store it in the backstage. Then they stretch it at one time. After a period of time, there are more people entering. Then they sell off a lot of "take over swordsmen" who have been fooled in, so that this garbage platform can earn enough money. What's more, it's money to play with everyone, what's the real garbage currency. It's all bullshit.

3. Now four years later, you are an old hand and have a lot of money, right? Now it's a bear market again... 2w7, a bull market of 130000 at the end of last year, let most people rush in together, and now they are in a desperate situation

4. Wait; The Avalon ordered in October last year has not been received yet; Now we have to order three. Four months to get it.

5. Domestic: bitcoin home, Avalon official forum, bitcoin Chinese Forum
overseas: bitcoin talk and reddit

6. Do you have any contacts

7. Introction: Xinjiang Zhengda mining machinery and equipment manufacturing Co., Ltd. is a large-scale joint-stock backbone enterprise integrating science, instry and trade. Its proction, sales and various indicators rank first in the same instry. The enterprise has a modern management system, first-class gold processing equipment, perfect testing means, high-quality scientific and technological personnel, high-quality tracking service. The enterprise has been appraised for many years; Civilized enterprise& quot; Quality standard enterprises& quot; Enterprises abiding by contracts and keeping promises;. Tens of thousands of users are distributed in more than 20 provinces, municipalities and autonomous regions, and exported to Vietnam, Laos, Indonesia, the Philippines and other countries. Zhengda Company regards quality as life and regards users as God. And always follow the quality policy of being responsible for each process, each proct and each user, and serve users wholeheartedly. We will do everything for you. In addition, users can provide project design, process design, standard and non-standard design and manufacturing. In line with the principle of "seeking truth, innovation, development and win-win", the company adheres to the principle of "first-class technology, best procts, first-class quality and high-quality service" to establish its own image. The company adheres to the scientific management methods of modern enterprises, Seiko manufacturing, continuous innovation, rapid development and growth into a bright pearl. With better procts to meet the needs of users. To survive by quality, to develop by reputation, to make progress by innovation, to advance management consciousness, to cooperate with the majority of mine users and seek common development
legal representative: Jiang Jianli
time of establishment: October 16, 2007
registered capital: RMB 5 million
Instrial and commercial registration number: 650000058010165
enterprise type: other limited liability company
address: No. 721, East 1st Lane, Kaitai North Road, Midong District, Urumqi, Xinjiang

8. It's normal for you
1) ant S3 miner, I saw several comments from friends in the Forum
the official power consumption is 332w, and businesses usually report 355w
the actual power consumption is about 390W
2) your power supply is rated at 500W, which is basically 400W after decting the conversion loss
theoretically, it should be able to drive,
however, for the consideration of long-term stability, the miner generally requires higher power supply when designing
the fault tolerance between 390W and 400W is less
therefore, we all use 600W rated power supply in the forum and online evaluation
(Rated 600, not the highest 600)

the stability of mining machine is very important. A stable and suitable power supply will definitely save you a lot of trouble in the future

some suggestions for your reference