Ore sealing pool
how to mine a mine pool
the location of a mine pool is also very particular. It's not that a mine pool can be built anywhere, but it needs early-stage capital investment. A mine pool is to combine a single mining machine together. Because of the collection of many miners' computing power, the computing power of the mine pool accounts for a large proportion, and the probability of digging bitcoin is higher. The mine pool will distribute rewards according to the contribution value of each equipment
there are many mines all over the world, and the scale of each mine varies from big to small. Generally, small mines no longer have great advantages. Large mines have many miners for mining. For each miner, he can join any mine or join multiple mines at the same time, The first task of the mine pool is to distribute the income to the miners
(1) PPLNs method
this method gathers the shares g by all miners together. Whenever a certain amount of shares is accumulated (generally 30 million shares), the mine pool will allocate the profits of the previous stage to the miners according to the proportion of contribution
in this way, the income of miners depends entirely on the time needed to dig 30 million shares in the mine pool. If you are lucky, you can dig them in a short time, then the income of miners will be more, otherwise it will be less. In return, the pool charges a 3% tax
(2) PPS mode
for users, the income of this mode is relatively stable
the profit mainly depends on the miner's mining speed. As long as the mining speed is stable, the corresponding profit can be obtained, and the profit is real-time, that is, the mine pool will pay the profit for the miner while the miner is running
obviously, every time a block is calculated, the mine pool has paid for all the miners. If the block fails in the subsequent confirmation link, all the losses will be paid by the pool operator. Therefore, this method reces the risk of the miners, but transfers the risk to the pool operator
therefore, usually the ore pool can charge a handling fee to make up for the possible losses caused by these risks. In this mode, the tax of the ore pool is 7.5%
the above is about how to mine. The difficulty of mining has greatly increased, but the mining army is expanding. If the basic equipment does not meet the standard, it will be difficult to gain in the mining instry, because the value of the virtual currency may not be equal to the price of an equipment, and many miners are not just digging bitcoin, Instead, we choose other virtual currencies to mine.
register the Ethernet wallet
the wallet address to the mining software to start mining
the money you have g can be sold in the trading market
that's it
10, said that in order to implement the spirit of the September 4th announcement of the seven ministries and commissions issued by the people's Bank of China and other issues concerning the prevention of the financing risks of Chinese generation issuing companies, and actively respond to state regulation, bitcoin China will stop the cash business at 12:00 noon in Beijing time at 12:00. This means that bitcoin China's customer capital, asset retirement work is coming to an end. The announcement mentioned that its mining pool (national pool) and other businesses will not be affected by this and will continue to operate normally. For bitcoin trading platform, which has to innovate its business, mining pool business may be another way of transformation
what is a pool
the mine pool has really entered the field of vision of the coin circle since 2012, and the emergence of the mine pool has greatly reced the technical threshold of the miners. Mine pool is the necessary infrastructure for P2P cryptography virtual currency mining such as bitcoin. It is generally an open team mining server. Its significance is to improve the stability of bitcoin mining and stabilize the miners' salary. At present, the more famous bitcoin commercial mine pools in China include f2pool, BTCC pool, BW pool, etc
so how can a mine pool be divided among miners? According to instry insiders, it is mainly divided into two kinds: one is to give fixed income (PPS) according to calculation power, and the other is to give bonus share (pro) according to excavated blocks
will ore pool be the next regulatory target
although developers can decide the technical architecture of bitcoin network, it is difficult to influence its price trend, and mine pool is one of the key factors to promote the development of bitcoin. On the contrary, the recent sharp rebound of bitcoin market will attract more people to join the ranks of mining
the reporter believes that there are certain risks in the mining pool, but the probability that the regulatory authorities will completely block the mining pool is not very high, for the following reasons:
(1) China has obvious competitive advantage in the global bitcoin mining field. According to a research paper published by Cambridge University, China accounts for half of the world's influential bitcoin mines, and the ant mine, which ranks first, is a mine owned by bitcoin mainland. In addition, according to the data, the proportion of computing power in bitcoin mine pool ranked first, with 81% of hash computing power in China
(2) regulatory measures are not to eliminate bitcoin. The regulatory policies issued by regulators in recent months are not aimed at bitcoin and other digital currencies themselves, but at the hidden risks of money laundering, highly leveraged financing and investors' interests
(3) it is difficult to supervise OTC trading. Although floor trading has been banned in China, the bitcoin obtained by miners through the mine pool can be traded over the counter, so the supervision is bound to be very difficult. At the same time, the asset transfer and money laundering problems that regulators are worried about still exist (4) increase the fiscal revenue of remote areas. Because the computer power of mining is large, it needs to consume a lot of electricity, so most people choose Sichuan, Inner Mongolia, Xinjiang and other areas with rich electricity. It is understood that the average power consumption of a large bitcoin mine is 40000 kwh, which also provides some objective income for the local governmentdoes this mean that the government does not supervise
The answer, of course, is No. On the one hand, according to the reporter's investigation, in June this year, a large bitcoin mine in China was stopped e to the lack of regulatory policies. On the other hand, in accordance with the relevant principles of G20 and international cooperation, China has strengthened the control and disposal of anti money laundering, anti terrorist financing and tax base erosion. According to the "tips on preventing the risks of bitcoin and other so-called" virtual currencies "released by the China Internet Finance Association this year, bitcoin trading platform is a tool for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal and criminal activities with an expanding number of stakeholders and a strong speculative atmosphere. Therefore, once the scale of the mine pool is expanded to a certain extent, which leads to the confusion of the instry, it is inevitable for the regulatory authorities to take strict measures on the mine poolconclusion
from the national level, artificial manipulation will lead to serious bubble and speculation of bitcoin. If the price of bitcoin fluctuates greatly, it will cause a series of problems. Perhaps the nationalization of bitcoin pool can stabilize the transaction price and create a good market atmosphere
once the government really takes regulatory measures on the mining pool, as Wang Chun, the co-founder of f2pool, said, given that the mining pool is still an application of bitcoin network operation, it is unclear how the regulatory authorities will affect its business model
original link: http://www.gongxiangcj.com/show-22-4683-1.html