Bit classic mine

1.

This is the share of ore pool in the past three months:

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but in fact, it's of little use. It's just the difference between 100 yuan and 100.5 yuan. If your calculation power is really big, it may be much worse, but if it's ordinary, it's not much different. It is more important to choose one with low or free service charge

2.

This is the pool share in the past three months:

3.

mining is perhaps one of the most important components of the bitcoin ecosystem. Miners need to solve complex mathematical problems, so as to ensure the smooth implementation of the transaction. These problems are so complex that they are difficult to solve even for extremely powerful computers. Computers need work and luck to solve these mathematical problems, just as miners dig underground. The chance of solving this problem correctly is about one in 13 trillion

bitcoin mining has two purposes. Firstly, by solving mathematical problems, bitcoin miners can verify the transaction information, so as to ensure the security and reliability of bitcoin payment network. Miners are the people who ensure that transactions are accurate and that there is no "double payment."

Secondly, when the computer solves these complex mathematical problems on the bitcoin network, the system will generate new bitcoin, which is similar to the process of mining gold from the ground. The reward is called "block reward", and after the event called "halving", its amount will be periodically halved. The newly discovered concept of bitcoin is an important part of bitcoin protocol. The bitcoin obtained by the miners is brand new and has never been in circulation before

since miners will eventually sell the bitcoin, it is also an important source of supply and liquidity. As chainalysis reports, many digital currency exchanges rely on miners to receive bitcoin and increase their liquidity. Typically, exchanges get about 88% of bitcoin from other exchanges, and bitcoin miners are the largest source of the remaining percentage. As you can imagine, there is fierce competition between exchanges to receive bitcoin directly from miners

further enlarge the map, most of the mining activities are only carried out in four provinces, the first two provinces are Xinjiang and Sichuan, accounting for nearly half of all bitcoin mining in China. Electricity prices are cheap and the weather is cold in these areas. This helps to keep mining profits and equipment cool ring the 24 / 7 operation and maintenance period of bitcoin mining

but this is nothing new for digital currency issuance. For many years, China has been a major market for bitcoin miners e to its cheap electricity and abundant resources. Bitmain, f2pool and Canaan are all located in China

whether this is a negative or positive message depends on your point of view. But for decentralized, distributed, unlicensed networks, geographic regions across multiple entities are more healthy for the entire ecosystem

4. As an old miner, after years of comparison, Xinxiu mine and omiyun mine are good, not only with high income, but also with good service

5. It doesn't matter, because the number of data blocks in all mines is global (each data block contains about 25 bitcoins). The only important thing is which mine is relatively stable and will not be offline e to a large number of visits. In fact, few of them are offline
the old mines are very stable, such as bitcoin.cz and BTC guide.

6. The reasons for the classic version of bitcoin are as follows:
1 the core team (mainly members of blockstream company) insists that the 1m upper limit should not be modified
2 Gavin and others hope to expand the block capacity to increase the transaction volume of network support before the block is seriously blocked
3 China Mining pool thinks that Gavin's early scheme has too high network requirements and is not suitable for the domestic network situation
4 developer Jonathan comes to China, According to the block size, a series of field network performance tests are carried out. The test results show that there is no problem for China network to support 2-3m blocks. At the Hong Kong Conference (led by the core team), he shared his test results, but they were ignored
5. Jonathan contacted and interviewed many miners and mine owners, and came to the conclusion that Gavin's original plan was accepted by very few people because of its fast expansion speed, but there were basically no miners and mine owners against the expansion of 2-3m, Based on the results of testing and investigation, we have developed bitcoin classic version
6. The mining pools and companies that have been interviewed and inquired by Jonathan begin to declare that they support the classic version, because it is the only feasible expansion scheme that can be promoted in the near future, and have excellent developers

7. The classic version of bitcoin continues Nakamoto's idea (block development can follow Moore's law), and takes into account the current network situation (especially the firewall where China is absent from work), and increases the original 1m block limit to 2m. Increase the total amount of transactions that the network can support<
the reason for the classic version of bitcoin:
1 the core team (mainly members of blockstream company) insists that the 1m upper limit should not be modified
2 Gavin and others hope to expand the block capacity to increase the transaction volume supported by the network before the block is seriously blocked
3 China Mining pool thinks that Gavin's early scheme has too high requirements for the network, Not suitable for the domestic network situation
4 developer Jonathan came to China and carried out a series of field network performance tests for the block size. The test results show that there is no problem for China network to support 2-3m blocks. At the Hong Kong Conference (led by the core team), he shared his test results, but they were ignored
5. Jonathan contacted and interviewed many miners and mine owners, and came to the conclusion that Gavin's original plan was accepted by very few people because of its fast expansion speed, but there were basically no miners and mine owners against the expansion of 2-3m, Developed the classic version of bitcoin
6. The mining pools and companies that were interviewed and inquired by Jonathan began to declare that they support the classic version, because it is the only feasible expansion scheme that can be promoted in the near future, and they have excellent developers.

8. Yes, digyi mining's
bitcoin
mine pool ranks among the top ten in the world and is very famous in Shanghai.