What about the coin letter mine
bitcoin mining machine is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card, which consumes a lot of power. It is one of the ways to get bitcoin that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server
mining is actually a competition of performance and equipment, and a competition of computing power among miners. Miners with more computing power are more likely to dig bitcoin. With the increase of computing power in the whole network, it is more and more difficult to dig bits with traditional devices (CPU, GPU). People have developed chips specially used for mining. Chip is the core part of mining machine. The process of chip operation will proce a lot of heat, in order to cool down, bitcoin miner is generally equipped with heat sink and fan
bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce
bitcoin mining started with low-cost hardware such as CPU or GPU, but with the popularity of bitcoin, the mining process has changed greatly. Nowadays, the mining activities are transferred to the field programmable gate array, and the hash speed can be achieved through optimization. The mining efficiency of this mode is very high
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.
1. First of all, connect the network cable, plug the network cable into the network cable interface of the mining machine, and remember to plug it tightly. Only when the miner is connected to the Internet, there is no limit to the broadband
extended data
users can buy bitcoin, at the same time, they can also use computers to "mine" bitcoin according to a large number of calculations. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins
e to the decentralized programming adopted by the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
1. First of all, connect the network cable, plug the network cable into the network cable interface of the mining machine, and remember to plug it tightly. Only when the miner is connected to the Internet, there is no limit to the broadband
extended data:
shortcomings
first, the vulnerability of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities
Second, the transaction confirmation time is long. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed Thirdly, the price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading Fourthly, the public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control. But the public doesn't understand, and many people can't even tell the difference between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthlessin 2014, in the virtual currency camp with hot transactions, there was a black horse migcoin that shocked the instry. Because of its unique design mode of mine pool, it has successfully attracted many friends who love and invest in virtual currency. Compared with the complex and expensive bitcoin, the cheap and easy-to-use migcoin is more popular. On the evening of April 26, the megacoin will open the mine pool to accept registration
as a fair, open and just transparent electronic currency, migcoin is a virtual electronic currency which grows up rapidly on the basis of bitcoin and Leyte coin. It has the characteristics of subverting innovation and leading the trend of social development. There are only 1.5 million of the first phase of the mine. The price of each mine is only US $0.1, and the trading operation is simpler and easier to understand. Such an advanced, cheap and fun electronic currency will successfully occupy a large market share of virtual currency
migcoin has unlimited potential, which is an inevitable trend. It not only has the characteristics of easy control and operation, but also makes the transaction and investment of migcoin more secure and fair because of the perfection and authority of the platform. As an emerging network investment project, the risk of virtual currency has always been the key for players and lookers to hesitate. If it can ensure the stability of the platform and rece the risk of transaction, it will be more prosperous than other virtual currencies
based on the foundation and experience of bitcoin and other electronic currencies, migcoin tries its best to rece the risk of operation and trading from the official platform and other aspects, so as to provide a simple and safe trading environment for players. The security features of migcoin are as follows:
firstly, it is a fully distributed and open source virtual currency. The unique mining pool mode and split multiplication principle make it completely up to the market to determine its quantity and price, and no one can manipulate it by legal person, so you can really make your money your master
secondly, its system should be as open and transparent as possible. When the migcoin was issued, it announced the time in advance, and promised that it would never be issued again after the first phase of mining
thirdly, all its transaction records and all its source code are public, so there is no way to fake them or forge them
finally, based on the mode of mining, the number of participants in the transaction and proction will be increased
with such a safe and effective operation mode, migcoin is covered with golden armor, invincible and able to resist any attack of bad operation. Of course, in order to make the participants feel more at ease, the virtual currency must have a strong and stable official platform to ensure that the currency will not collapse in the circulation process
for the concerns of players like this, the official confidence of migcoin is incomparable, because the issuing and trading platform of migcoin relies on the powerful capital and strength of Canadian mg capital. At the same time, the company will also develop a series of mobile app applications around migcoin. Members can use migcoin to play games, socialize, shop and so on, so that migcoin can enter real life from virtual
2014 is destined to be the first glorious year of the megacoin!