Essence of mining machinery

1.

GEC is a pyramid selling project in the form of virtual currency“ "GEC environmental protection coin" has been attracting more and more people, and the mode of developing funds by pulling down the line does exist“ "GEC environmental protection coin" is similar to the trading mode of environmental protection coin, which has touched the bottom line of some laws. It is similar to the mode of pyramid scheme. It uses high income to attract users. In the end, because it does not generate profits, or the income can not cover the expenditure, it can only evolve into a game of carrying sedan chair. It is more likely to drum and pass on flowers. Investors are advised to be vigilant

if you need to develop offline, you can get online revenue. This business model is very similar to MLM. The virtual currency of GEC environmental protection currency is a new currency designed by its behind the scenes controllers. The legitimacy of its transaction has not been recognized, so investors are advised not to participate

extended information:

"GEC environmental protection coin" is obviously in line with the nature of pyramid scheme

one is to attract customers with extremely high returns and declare that they only go up but not go down, which has great attraction to investors

the second is to build the head MLM framework, build the membership mode, and realize the viral sales of GEC

Third, its sales and operation dare not be exposed to the "sunshine", but only through private means such as wechat group, which has the attributes of high concealment and avoiding supervision

All in all, the income model of "GEC eco currency" has seriously deviated from the nature of bitcoin like assets, and even violated relevant laws and regulations. It is suggested that investors should guard against similar virtual currency investment model. This kind of mode can be identified as ICO, the core is illegal ICO, and the means is MLM mode

2.

IPFs is a file transfer protocol similar to http. If IPFs wants to run, it needs many computers (storage devices) in the network as nodes. In a broad sense, all participating computers can be called IPFs mining machines

in order to attract more users to join the IPFs network and contribute to the network, an encryption currency named filecoin is designed, which is distributed to the participants (nodes) as a reward according to the amount of contributed storage space and bandwidth. In a narrow sense, the computer specially designed for the purpose of obtaining the filecoin reward is called IPFs mining machine

because IPFs network needs storage space and network bandwidth, in order to obtain the highest profit ratio, IPFs mining machine usually strengthens the storage space and reces the power consumption of the whole machine. For example, more than 10 high-capacity hard disks are equipped, Gigabit or higher speed network cards are equipped, and ultra-low power architecture processors are used

of course, the mining machine provides storage services, so it can obtain revenue. The size of revenue is related to the configuration of mining machinery and the number of IPFs mining machinery

extended data

the reasons why it is not recommended to invest in IPFs are as follows:

1. IPFs technology is too early to be commercialized

IPFs now takes up a lot of bandwidth. IPNs is very slow at present, which is an obvious technical defect. It will be very difficult to realize dynamic web pages only through IPFs

There is no reasonable economic model, even if the token economy is added, it is difficult to realize the long-term natural ecological value

as a very cumbersome decentralized protocol, it is difficult for users to share files autonomously and spontaneously. In addition, even if users share files into the protocol, the files will be completely open and users cannot delete files effectively, so the security of valid files is threatened

the solution is to introce encryption and blockchain incentive mechanism. At the same time, it solves the security and storage power problems of files. However, as mentioned before, any node with workload proof under blockchain incentive mechanism will face an economic problem of continuous power on state

It is difficult to establish an ecological network with IPFs as the core under the influence of technical problems

The ecological application space of

IPFs is quite limited, and the project interaction speed realized by IPFs protocol is also very slow. Of course, it has a direct relationship with the number of nodes and the distance of calling

3. Physical mining machine is just a cover up, in essence, it is network pyramid selling.

4. GPU is the meaning of graph line processor, the original design intention is to do graphics computing. GPU chip is essentially a collection of many small CPUs for image processing. Of course, each CPU can also do general operations such as addition, subtraction, multiplication, division or non shift jump, so it can also be used for mining. When GPU is mining, it wastes less chip area and power consumption than CPU, so mining efficiency is higher than CPU
What about ASIC? It is a more optimized circuit than the CPU mentioned above. There is no specific definition, but there is a rule in the field of chip design: the more general computing platform, the less efficient it is to complete specific computing. ASIC is the most dedicated computing platform. If we understand this, we can come to such a basic conclusion: in the mining field, if we use the computing power proof mechanism, as long as the CPU can dig, ASIC can dig. No matter what algorithm is used, ASIC can dig. There is no reason that CPU can dig, but ASIC can't, So the biggest difference between GPU and ASIC is their specific computing power.

5. Bitcoin is a string of digital codes, which I think the landlord should know. So bitcoin is different from what we usually think of as physical currency. For example, every year, the country issues a certain Zodiac commemorative coin
bitcoin exists in the Internet, because it is essentially an encryption code, so in order to obtain bitcoin, we have to obtain it from the network in a certain way. Just like gold, it needs all kinds of machinery and equipment to dig. Bitcoin mining is also similar to gold mining. It also needs various machines and tools to obtain bitcoin. At the beginning, bitcoin could be g through the computer CPU, but as the value of bitcoin is graally disclosed and enlarged, many people graally improve the performance of mining equipment in order to obtain considerable benefits, that is, to the present ASIC mining machine. Now a miner is equivalent to dozens of computers. The mining ability of this miner is greatly improved, and the probability of obtaining bitcoin is also increased accordingly. However, the power consumption of the mining machine is too high. Most people leave it at home, and the income may not be able to offset the electricity charge. So mining machine mining, has graally become a small part of the financial strength of the game. This is not a good thing for bitcoin
therefore, based on this phenomenon, Xbit mining was born. Xbit mining is mainly based on the calculation power of the entity miner. The difference is that Xbit is equal to 1t calculation power and the power consumption is 60W. It is equivalent to lowering the threshold of participation in mining. Ordinary people also want to participate in bitcoin mining. There are certain ways
in general, if the financial strength and resource strength are strong, you can buy a large number of mining machines to dig bitcoin; Those with limited capital and resources can buy part of Xbit for mining, and finally get bitcoin. Specific choice of which way, mainly according to the owner's own situation.

6. Now the mainstream digital currency trading platforms are mainly coin security, fire coin and OK. The choice of trading platform mainly depends on the scale and security of the platform, so as to prevent the platform from running away or being attacked and stolen by hackers

7. This will certainly be affected. The economic position will affect the conversion of the entity and the digital currency. The speed of devaluation will be the same as that of devaluation.

8.

What is a bitcoin miner? I often hear about bitcoin, bitcoin mining machine. Let's talk about bitcoin. 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

The digital currency in the future is believed to be similar to bitcoin, but it is by no means a limited supply. But when the human ability to proce wealth can be completely matched by the computing power of the computer, the issuing speed of e-money is directly proportional to or slightly exceeds the computing speed of the computer to create moderate inflation. In the future, while mining, it is also creating value rather than wasting electricity. In the end, the small changes in proctivity of digital currency match the difficulty of computing power, which may be the final form of human currency

9. IPFs is essentially a point-to-point network transmission protocol for global persistent distributed storage. In IPFs network, each node only stores the index information of the content and file it is interested in. Each file is given a unique fingerprint called encrypted hash, and each file will calculate the encrypted hash value according to the content. You can pay more attention to the interstellar bit miner.