Coins from the mine
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.
as tens of thousands of miners compete for the right to pack, the probability of a single miner seizing the right to pack is very small, and the output is very unstable. It is possible to grab the right once an hour or not once a year
in order to stabilize the mining output, miners often choose to join the mining pool. The mining pool integrates the computing power of a large number of miners and occupies a certain share in the total computing power of the whole network, so as to obtain a more stable mining output. After charging 2% ~ 4% of the pool handling charge, the output is distributed to the miners according to the miners' computing power
it's just like that it's hard for one person to win the lottery, so the mine pool organizes many people to buy the lottery together, and after winning the lottery, they are distributed to everyone according to the amount of contribution.
Find the code on the bitcoin system, and you can dig bitcoin if you find the code
every other time point, the bitcoin system will generate a random code on the system node, and all computers in the Internet can search for the code. Whoever finds the code will proce a block, and then get a bitcoin. This process is often called mining. Computing this random code requires a lot of GPU operations, so the miners purchase a large number of graphics cards to get bitcoin profits more quickly, which is also an important reason for the recent shortage of graphics cards
extended information:
characteristics of bitcoin
The total amount is limited, only 21 million BTC2. Anyone can issue bitcoin, but it is more and more difficult
3. Compared with the central bank currency, it is safer and almost impossible to be stolen
The transaction process is completely anonymous and cannot be tracedstarting from the current market situation and mine owner's psychology, AA mine pool adheres to the market-oriented concept, pays more attention to humanistic service and professional technology, and creates a new, simple, safe and stable mining service platform
technical advantages of AA ore pool:
purer mining mode: adopting algebraic average algorithm, the original PPLNs + distribution mode is better than the traditional PPLNs / PPS mode, and the income can be increased by about 20%
core driver upgrade: make blocks output faster, allocate tasks at millisecond level, adjust dynamic difficulty, and output blocks efficiently
Security and stability: distributed main network node servers are distributed in 24 cities around the world, with strong anti DDoS capability, ensuring efficient and stable revenue growth
ultimate experience: more optimized big data infrastructure, timely and rapid response, simple mining steps, easy to understand, easy mining, and enjoy the benefits.
mainly able to dig Iost, with an annualized yield of about 23%