Mining machinery app announcement

bitcoin mining machine is the computer used to earn bitcoin

mining software is the algorithm of bitcoin

the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system

unlike all currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation

the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. 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

extended data:

bitcoin has the following six characteristics

1. Decentralization: bitcoin is the first distributed virtual currency, the whole network is composed of users, and there is no central bank. Decentralization is the guarantee of bitcoin's security and freedom

2. Worldwide circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself

4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution

5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay

6. Cross platform Mining: users can explore the computing power of different hardware on many platforms

source of reference:

network bitcoin mining machine

network bitcoin

Mining app, mining on the mobile phone or forget it, on the point of computing power of the mobile phone, mining is basically impossible, to mine or have to dig on the computer. This is a screenshot of the ha Yu miner I used before. Take a look

I'm a blockchain developer. Here's a popular answer:
the main features of blockchain technology are decentralization, asymmetric encryption, intelligent contract, etc., which have no central server and can't be tampered with
in the instry, we generally define bitcoin as blockchain 1.0 and Ethereum technology as blockchain 2.0. Compared with blockchain 1.0, Ethereum's biggest advantage is to add the concept of smart contract. Therefore, we can see that the real significance of blockchain is to solve the social credit problem, or the Byzantine general problem (specific network search Byzantine problem )

the traditional Internet data are stored in the company's server, which can be modified, falsified and lost at any time. No matter how authoritative and secure the organization or enterprise is, the correctness and uniqueness of the data can not be guaranteed. So the blockchain technology is the whole chain node synchronization data, each user is a data node, a single user in the case of no secret key broadcast data modification, the whole chain node does not agree, then automatically restore the original data

so in short, the prospect of blockchain is mainly focused on solving the social credit system, finance, securities, asset authentication and other business