Guiminer pool selection

1.

After the computing power of the whole network has been improved to a certain extent, the probability of getting rewards is too low, so that some geeks on "bitcoin talk" can develop a method that can combine a small amount of computing power and operate jointly, and use this method to build websites

in this mechanism, no matter how much computing power an indivial miner can use, as long as he participates in mining activities by joining the mine pool, no matter whether he has successfully mined effective data blocks, he can get a small amount of bitcoin reward through his contribution to the mine pool, that is to say, many people cooperate in mining, and the bitcoin reward is shared by many people according to their contribution

as of January 2019, the top five bitcoin pools in global computing power are btc.com, pool, antpool, flush pool, and f2pool. At present, about 70% of global computing power is in the hands of Chinese miners

extended data:

handling charge:

bitcoin miners will charge a small amount of fees for most transactions, the main purpose of which is to prevent people from sending a large number of boring small transactions and wasting network resources. At present, most of the handling charges for each transaction are & T 3647; 0.0001/kb (0.0001btc / KB). In fact, after 0.9.0, the default handling charge will be reced to & 3647; 0.00001/KB(0.00001 btc/KB)

because the amount of data occupied by most transactions is less than 1 kilobyte, generally speaking, the amount of data is less than 3647; 0.00001 (0.00001 BTC / KB) is enough. At the same time, in the future, when the bitcoin block rewards are less, the service charge will become the main source of miners' income, and the service charge of bitcoin will be related to the number of bytes occupied by the transaction

at present, the calculation standard of service charge in bitcoin system is not mandatory, so users can not give any service charge when the transaction is in progress

however, most miners usually give priority to the transaction with higher handling charges when building data blocks, so that they can get higher remuneration when mining is successful. Therefore, the transaction without any handling charges may take a long time to be processed and incorporated into the blockchain

in addition, e to the block capacity limit of 1MB and the recent increase in bitcoin transaction volume, the handling charges have increased significantly, and the waiting time for the transaction to be confirmed has also become much longer

2. 1. First of all, we need to install guiminer. Double click the program and select the installation path (create a guiminer folder yourself). Then extract can quickly complete the installation of guiminer
2. The program does not generate desktop shortcut by default, so we need to find our installation path to call guiminer program:
here I can see that it is in English mode after running, here I can modify it
3. In the menu bar, we can see "language". Here, we click and select "change
language". The default is English. Here, we select "Chinese
simplified
(Simplified Chinese)" and click OK
4. Isn't it strange why the English version is still available
5. Now let's set up the server. The server here refers to the service station that provides the mine pool (bitcoin mine pool is a team mining server)
email is the email account you registered on the server. Of course, the password is the login password. The device is software that automatically identifies our computer graphics information
6. After setting, click start mining below

3. Go to
guiminer
to have a look.

5. Since 2010, one was issued in that year, and then eight and nine in a year. In 13 years, 12 more were issued, and in 2016, four more were issued. I don't know if they will be issued again. A total of 55 were issued from 10 to 16

6. Triporg travel: it is a blockchain tourism service application, which can provide reservation services such as train tickets.

7. Cpuminer is a mining software, used to dig Wright money

when you work, the CPU will run at full load
the occupancy rate is 100%
so your computer will slow down and get stuck
just turn it off
when the software works, it will dig out the Leyte coin, which is not on your computer, but directly to the mine
after the Wright coins are g out, they can be sold for money

if you dig a lot of computers together, your friends can make money.

8. Is bitcoin a good idea? No, bitcoin is a funny bad idea. It's a scam. fraud. It's not money. The economic assumption that is the basis of bitcoin ecosystem is ridiculous, and it ignores the knowledge accumulated for hundreds of years about how different currencies work together

fortunately, it is such a leaky system that it will probably never grow to a point where it will have adverse effects or impacts on the world economy

however, I feel it necessary to point out the problem

bitcoin is more like a data transmission system than a cash trading system. Well, the problem is that it doesn't make a deal by offering a digital cash deal in dollars, but by importing a whole new currency. So here we will ask, is this really desirable

one of the fatal problems: the distribution of initial wealth

when the Federal Reserve prints money, it will not issue millions of dollars of checks randomly to thousands of Americans. The work it does is: 1. Buy some other assets (usually US Treasury bonds) in the free market to inject more cash into the system than before; Or, 2. Lend money to the bank, the bank lends money to others, and finally spends the money

the important thing is that these people don't get money for free. They either sell their assets for cash, or borrow money to spend it and eventually pay it back (also paying interest)

the bitcoin system does not have a central bank to issue currency. It has an "algorithm" that allows bitcoin to be "mined" through a rather puzzling mechanism. Basically, it's randomly assigned to people who are early in the tasting season. It's a very good system for early entrants (free money!). It's a ridiculous system for real money, not to mention the obvious lack of expansibility (what happens if everyone mines all day long?) In order to solve this problem, the supply of bitcoin is algorithmically limited, which once again brings benefits to early entrants, but this leads to the second problem:

the second fatal problem: endogenous deflation

economics course time! Deflation results from the appreciation of currency relative to other commodities (such as the decrease of commodity prices). More directly, deflation occurs when people expect the currency to appreciate relative to other commodities, and the price trend continues to decline

question: if money is expected to appreciate, why do you spend it? Answer: Generally speaking, you don't spend money

the supply of bitcoin is set to slow down at a known rate. It eventually reached about 21 million. As shown in the picture

we can see the rate - well, I agree that if it is foreseeable inflation, it may not be desirable from an economic point of view, but it is reasonable. However, if it is to slow down the issuance, if you design a currency to subvert the world order, what you would like to see is this graph:

then what if there is at least a constant growth rate? You may be willing to do that, because that's the only way to adapt to more people using it

but bitcoin is not designed to be a practical currency, it is designed to make early entrants rich. Once again, it's a hoax

for a quick thinking experiment, we assume that more people use bitcoin compared with the growth of demand for bitcoin. In this way, we can expect the dollar price of bitcoin to rise rapidly. Now suppose I have a bitcoin, I also have a dollar bill, I am willing to buy a bottle of Pepsi Cola, which payment method will I use? Obviously, the devalued dollar should be spent more than the rapidly appreciating bitcoin

in the best case, the limitation of bitcoin supply will cause severe deflation, squeeze most of the business activities of bitcoin pricing, and connive at speculation in the trading market. If you are not willing to use it and others are not willing to use it, the so-called benefits of transparency and low transaction costs will not bring you any benefits< The third fatal problem is the lack of convertibility. People have a misunderstanding about the so-called intrinsic value of money. In fact, there is no so-called intrinsic value of money. The nominal value of money is limited to the other money they can trade for. One dollar is equivalent to a certain amount of euro, one euro is equivalent to a certain amount of yen, and one yen is equivalent to a certain amount of dollar. One dollar can be stored in the bank, change a certificate of deposit, and then the certificate of deposit can be changed into one dollar. It can be turned into a commercial or personal check and then into cash or deposit. When you travel, it can be changed into a traveler's check in yen or euro. If you have to pay for sandwiches, the sandwich shop also charges because the money can be converted into something else. It's a wonderful circular balance.

9. 1. First of all, we need to install guiminer. Double click the program and select the installation path (create a guiminer folder yourself). Then extract can quickly complete the installation of guiminer
2. The program does not generate desktop shortcut by default, so we need to find our installation path to call guiminer program:
here I can see that it is in English mode after running, here I can modify it
3. In the menu bar, we can see "language". Here, we click and select "change language". The default is English. Here, we select "Chinese simplified" and click OK
4. Isn't it strange why the English version is still available
5. Now let's set up the server. The server here refers to the service station that provides the mine pool (bitcoin mine pool is a team mining server)
email is the email account you registered on the server, and the password is of course the login password. The device is software that automatically identifies our computer graphics information
6. After setting, click start mining below

10. It means that the mine pool has received your contribution

bitcoin donation collection address