CPU digs the pit of bitcoin

1.

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

2. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system. Bitcoin is not issued by 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. 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
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 has no more than 10.5 million in the first four years, and the total number after that will be permanently limited to 21 million. Another point is that you can use computers to make bitcoin.

3. The computing power and block output of the whole network can reach taobit http://www.taobtc.net/ See
1. First of all, as a node mine pool, the mine pool construction itself needs to add node files, showing the number of connections below the bitcoin wallet. After adding nodes, the number of connections can reach dozens or even more, depending on how many nodes you add, effectively recing invalid shares
2. How to fix the calculation difficulty of mining equipment for miners? Set it in your mining equipment startup bat
for example, if your single mining equipment is 10g, you can add / 1000 + 10 after the user name (wallet address) in the bat file. For example, in my bat - / 1000 + 10-p1, what does that mean? This means that your equipment is 10g computing power, and you use a fixed difficulty of 10g in p2pool mining. If you are a 1g device, write / 1000 + 1 at the back, so the difficulty is fixed and the efficiency of the device is effectively improved.

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. Did you dig bitcoin or other counterfeit coins? Are you using CPU, GPU or ASIC to finish mining? If you are digging for bitcoin, you need to buy the latest Avalon miner before you join the bitcoin era mine to dig, and then set up the mine according to the instructions. Of course, Laite coin has also appeared ASIC miner. Other Shanzhai coins use CPU, GPU mining more.

6. There are many families in the mine pool, but they really have a conscience, don't steal calculation power, and the handling charge is reasonable. The miners around me start to use Duomi cloud pool more. The main reason is that the income is high and the stability is good

7.

DCC lending chain is not MLM, the specific analysis is as follows:

1. DCC lending chain is a smart lending contract proct based on blockchain technology, which is launched by famous Japanese financial experts and Japanese domestic financial companies. The purpose of loan chain is to give intangible digital assets the same status as real estate, and to carry out mortgage short-term lending and financing lending within the controllable range of value

Second, MLM refers to the illegal act of organizers' development personnel to obtain wealth by developing personnel or requiring the personnel to be developed to obtain the qualification to join in on the condition of paying certain fees. The essence of MLM is "Ponzi scheme", that is to say, the money of later comers is distributed to the income of former comers

the new type of MLM: it does not restrict personal freedom, does not accept ID cards and mobile phones, and does not take big classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract your relatives and friends to join, and finally makes you lose all your money

extended data:

Network loan risk

1. The virtuality of network transaction leads to the inability to authenticate the credit status of both sides of the loan, which is prone to fraud and default disputes

2. Among the large amount of information about lenders released by the network platform, many of them issued loans in the name of "loan company" and "financing company". In fact, only financial institutions approved by the state can engage in financial services such as credit financing. Those who engage in financial activities without authorization will be investigated for legal responsibility for "illegal fund-raising" and "illegal attraction of public deposits" and disturbing the order of financial management

3. If the loan is issued on behalf of the network platform, then the network platform is lax in self-discipline, or the internal control proceres are invalid, or it is used by others, then the situation of fabricating loan information and illegal fund-raising may occur

8. Theoretically, it's OK, but in fact, it can't be found at all. If you want to dig bitcoin, you can go to the mining pool of Jersey mining. Without a mining machine, you can use a home computer, which only costs electricity.

9. Intel doesn't have its own CPU, it only needs a mining software
if you dig BTC, you can download a software for mining and mining on the Internet
and the mining speed of CPU is too slow to say
the mining speed has been improved several times
the first time, CPU, graphics card, miner and miner upgrade chip technology
to Now you take a CPU to dig for bitcoin, which is estimated to be 10 cents a week

10. I'm afraid CPU is not going to pay for virtual currency