Mining machine coin digging and blockchain

1. bitcoin is a digital currency based on a specific algorithm. < blockquote >

bitcoin is equivalent to digital gold. As a generally recognized equivalent, gold naturally has monetary properties and has been regarded as a kind of currency since ancient times. Bitcoin was born in 2009 and created by a person named Nakamoto. As the earliest digital currency, it was worthless at the beginning of creation. Until 2017, the highest transaction price of bitcoin exceeded 30000 RMB. The reasons why bitcoin became a valuable digital currency are as follows:

first of all, it is like gold, as a natural mineral, The total amount of bitcoin is limited. Bitcoin can not be over issued according to its own algorithm, so there will be no rapid devaluation of currency e to excessive currency issuance. The number of bitcoin is controlled to no more than 21 million e to the algorithm, so it can not be issued in large quantities, so its value is guaranteed

2. Yes, now you can buy a miner to dig bitcoin
but what I want to emphasize is that bitcoin mining is now a very professional instry. Although ordinary people can dig, the cost is much higher than that of professional mining, so it's better to buy money directly.

3.

Before specifically talking about what mining is, you need to know what blockchain is

to put it simply, blockchain is a new application mode integrating various computer technologies. Just treat it as a new technology. The network constructed by blockchain technology has the characteristics of "decentralization", "information tampering", "openness", "anonymity", "security and reliability". These technologies can be applied in many fields, in short, it is very powerful ~

miner, a simple understanding is a more advanced computer, miner is to contribute to the blockchain network, you can regard miners as the guardian of the blockchain

with mining machinery, the blockchain network can operate normally. These mining machines are constantly doing calculations to provide computing power for the blockchain network. When the mining machine makes the correct calculation, the whole blockchain network will reward the mining machine with the corresponding digital currency. This process is called mining

if you also want to make a "contribution" to the blockchain, you need to download the mining system to start, miracle Moore learn about it

4. Whether you can make money mainly depends on your electricity cost, such as bitcoin mining. Now the electricity price of those mines is between 20 and 40 cents. If you can get such a price, you can do it. Now most bitcoin diggers use ant mining machine and Shenma mining machine
code is not easy, hope to adopt, thank you!

5. Blockchain is a new trend at present, and I am also a senior player. As for mining, you can't dig much if you buy a miner. If you want to join in a large mine, you must pay attention to bitcoin. Don't dig other coins. But there are also many problems. First of all, you have to determine the authenticity of the mine. Second, you have to mine without losing money. This thing is very deep. Generally speaking, the threshold for ordinary people to enter the blockchain is very big

6. Yes, it has increased 45 times in half a month

7.

In 2009, bencong invented bitcoin, and set that there are only 21 million bitcoins. By participating in the proction of blocks and providing proof of work (POW), he can get the reward of bitcoin network. This process is mining

the concept of "mining" comes from the existing concepts in our real economic life, such as gold mining and silver mining. Because minerals are valuable, it drives people to pay labor to dig

another important point of bitcoin mining is that the miners who participate in mining recognize the value of bitcoin, and some of them are willing to spend money in the bitcoin market. Therefore, the mining of bitcoin is meaningful

extended data

currency characteristics of bitcoin

1, decentralized

bitcoin is the first distributed virtual currency, and the whole network is composed of users without central bank. Decentralization is the guarantee of bitcoin's security and freedom

2, 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

controlling bitcoin requires a private key, 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 in the end, about 1 bitfen transaction fee 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

8. Now there are two kinds of miners. One is to directly choose the mining machine with high income. For example, the income of the A9 is very considerable. It can earn about 620 watts a day, and the power consumption is not high. In this way, if the miner wants to start, it should be done as soon as possible. Only in the previous period can it achieve low cost and high benefit. There will be no such situation when the later period is stable. 2、 The miner doesn't have to pay attention to the current currency income. He only cares about the currency, waiting for him to turn over.