Free pool

1.

After the computing power of the whole network has been improved to a certain extent, the probability of getting rewards is too low, so that some geeks on "bitcoin talk" can develop a method that can combine a small amount of computing power and operate jointly, and use this method to build websites

in this mechanism, no matter how much computing power an indivial miner can use, as long as he participates in mining activities by joining the mine pool, no matter whether he has successfully mined effective data blocks, he can get a small amount of bitcoin reward through his contribution to the mine pool, that is to say, many people cooperate in mining, and the bitcoin reward is shared by many people according to their contribution

as of January 2019, the top five bitcoin pools in global computing power are btc.com, pool, antpool, flush pool, and f2pool. At present, about 70% of global computing power is in the hands of Chinese miners

extended data:

handling charge:

bitcoin miners will charge a small amount of fees for most transactions, the main purpose of which is to prevent people from sending a large number of boring small transactions and wasting network resources. At present, most of the handling charges for each transaction are & T 3647; 0.0001/kb (0.0001btc / KB). In fact, after 0.9.0, the default handling charge will be reced to & 3647; 0.00001/KB(0.00001 btc/KB)

because the amount of data occupied by most transactions is less than 1 kilobyte, generally speaking, the amount of data is less than 3647; 0.00001 (0.00001 BTC / KB) is enough. At the same time, in the future, when the bitcoin block rewards are less, the service charge will become the main source of miners' income, and the service charge of bitcoin will be related to the number of bytes occupied by the transaction

at present, the calculation standard of service charge in bitcoin system is not mandatory, so users can not give any service charge when the transaction is in progress

however, most miners usually give priority to the transaction with higher handling charges when building data blocks, so that they can get higher remuneration when mining is successful. Therefore, the transaction without any handling charges may take a long time to be processed and incorporated into the blockchain

in addition, e to the block capacity limit of 1MB and the recent increase in bitcoin transaction volume, the handling charges have increased significantly, and the waiting time for the transaction to be confirmed has also become much longer

2.

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

3. 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

4. At present, most POC currencies in the market are proced on the assembly line
its speculative value is far greater than the mining value
participation is not recommended.

5. Unknown_Error

6. Bitcoin mining requires very high computer configuration, especially graphics card. It's basically impossible for a home computer to dig out bitcoin

7. Babbitt has a post: using bitcoin and eloipool (supporting stratum) to set up bitcoin mine pool. Eloipool is a mine pool server program based on Python 3 (supporting stratum)

8. Fund disk refers to the form of online pyramid selling in the form of capital circulation, in which the money from the former members is paid to the former members. The core feature of capital disk is to attract players with high rebate. This kind of project is the game of drumming and spreading flowers, which is always the "take over" of the latecomers, and has the risk of illegal fund-raising, financial fraud, pyramid selling and other illegal and criminal activities

the following is the name of the fund project in May collected by the anti fraud news. Please stay away from it and do not participate in it

AGD global currency Fama code Chain paradise
Duoo world Cloud tease short video NEC new ecology
HFF flying sail Ant cloud computing Coin friend ecology
green planet National Song guessing Hi, short video
LGT animal protection chain Bgoex ore pool Star things
squirrel paradise Enjoy shooting video 99pool ecological
AI Tao Tea ceremony shopping mall PGO pangolin
STC future chain CDN global social node Golden mouse mall
ZS diamond coin YSTAR Youbei
cute mouse world Shrimps always make money Star Academy

Nebula miner World academic bully Diwubo
seagrass short video Aladdin primeval mine Abel
fich Shanyu mall Ethpro exchange
dream time Green is healthy Yingfen family
Weite ecology fish pond SPE miners union
treasure rat National miner Leshu short video
Baiyi short video Kimi guest YTC pool wallet
smartx smart map Qiyun (Qiyun) Starting point information fin
world pay Pizza treasure Central currency CCC
global environmental protection ESC Ti coin Nano chain NML

green earth Cloud health Pig quantification robot
RRCP intelligent Ark Lfex Lafite exchange Fast step
go to hipie U than life Charitable coin AOT
GTA gene chain Fun Travel PDC Panda Coin
fun Amoy whale LDC Leda ecology 3C IOT
kyber - KNC rtidcoin-RTID ACh currency
nowex contract Smart chain cloud warehouse Chmv video
Shenyu Online Freepool ELS
health helps bbe Ent entertainment chain Spark short video
oasis world Mido HTV media

ATR Aetna Da planet 3Q Shengshi
Jiusheng At eco currency Glut competitive Travel Alliance
Sifang computing power Magic Alchemy
HTV advertising Super computing community Funny whale
have fun Xiangyu has money Toro bull
pizza chain Chain knowledge star 5gk
hxc ecological chain Kimi Diluted currency
the era of Thanksgiving Zlb meteorite chain Atoken
open sesame door Vertex number Ant cloud computing
NEC new ecological coin Youshi short video Chain sound

anti fraud alert: many departments, such as the China Banking and Insurance Regulatory Commission, the central network information office and the Ministry of public security, remind investors that some illegal elements, under the banner of "financial innovation" and "blockchain", absorb funds by issuing the so-called "virtual currency", "virtual assets" and "digital assets", thus infringing the legitimate rights and interests of the public. This kind of activity is not really based on blockchain technology, but on the hype of blockchain concept line, illegal fund-raising, pyramid selling and fraud. In essence, it is a Ponzi scheme of "borrowing the new to repay the old", and the fund operation is difficult to maintain for a long time<

through public publicity, illegal elements attract public investment, lure investors and development personnel to join, and constantly expand the fund pool, with the lure of currency appreciation and offline development profits, which is characterized by illegal fund-raising, pyramid selling, fraud and other illegal behaviors[ This article comes from the anti fraud news, right belongs to the original author, if infringement, please contact to delete]

anti MLM rescue center: remind the general public: where you are asked to pay in advance,; Then it's pyramid selling that makes money. Those who pay money without basis, evidence or certificate are illegal fund-raising. We should be cautious. It's up to me to boycott pyramid selling, and everyone is responsible for reporting it.

9. It's a service that allows miners to work together to create blocks and split profits. This allows miners to get a steady income, rather than a small probability of getting 50 (now 25) bitcoins at a time

10. Free reserve resource
Free
storage reserve
pool resource