It's not cost-effective to mine in Huo coin mine

1. Fire coin network is the domestic bitcoin trading platform

2. The miner background is configured with three mining addresses, the first is the main mine pool address, and the second two are the standby mine pool address. In order to ensure the miner's mining income, the miner has set up an automatic detection mechanism of the standby mine pool, that is, the miner itself will continuously detect whether the standby mine pool is connected,
the miner continuously detects the availability of the standby mine pool, During this period, the main ore pool has been connected, so it will not affect your mining income.

3. After logging in to the account, click account settings - add sub account. Create a sub account and set the mining currency Mining account number must be unique and cannot be the same as other mining projects)

4.

Mining is perhaps one of the most important components of the bitcoin ecosystem. Miners need to solve complex mathematical problems, so as to ensure the smooth implementation of the transaction. These problems are so complex that they are difficult to solve even for extremely powerful computers. Computers need work and luck to solve these mathematical problems, just as miners dig underground. The chance of solving this problem correctly is about one in 13 trillion

bitcoin mining has two purposes. Firstly, by solving mathematical problems, bitcoin miners can verify the transaction information, so as to ensure the security and reliability of bitcoin payment network. Miners are the people who ensure that transactions are accurate and that there is no "double payment."

Secondly, when the computer solves these complex mathematical problems on the bitcoin network, the system will generate new bitcoin, which is similar to the process of mining gold from the ground. The reward is called "block reward", and after the event called "halving", its amount will be periodically halved. The newly discovered concept of bitcoin is an important part of bitcoin protocol. The bitcoin obtained by the miners is brand new and has never been in circulation before

since miners will eventually sell the bitcoin, it is also an important source of supply and liquidity. As chainalysis reports, many digital currency exchanges rely on miners to receive bitcoin and increase their liquidity. Typically, exchanges get about 88% of bitcoin from other exchanges, and bitcoin miners are the largest source of the remaining percentage. As you can imagine, there is fierce competition between exchanges to receive bitcoin directly from miners

further enlarge the map, most of the mining activities are only carried out in four provinces, the first two provinces are Xinjiang and Sichuan, accounting for nearly half of all bitcoin mining in China. Electricity prices are cheap and the weather is cold in these areas. This helps to keep mining profits and equipment cool ring the 24 / 7 operation and maintenance period of bitcoin mining

but this is nothing new for digital currency issuance. For many years, China has been a major market for bitcoin miners e to its cheap electricity and abundant resources. Bitmain, f2pool and Canaan are all located in China

whether this is a negative or positive message depends on your point of view. But for decentralized, distributed, unlicensed networks, geographic regions across multiple entities are more healthy for the entire ecosystem

5. Fire money does not mine, only spot, contract, off-site

6. Mining is actually competing for the right to pack in the block
as tens of thousands of miners compete for the right to pack, the probability of a single miner seizing the right to pack is very small, and the output is very unstable. It is possible to grab the right once an hour or not once a year
in order to stabilize the mining output, miners often choose to join the mining pool. The mining pool integrates the computing power of a large number of miners and occupies a certain share in the total computing power of the whole network, so as to obtain a more stable mining output. After charging 2% ~ 4% of the pool handling charge, the output is distributed to the miners according to the miners' computing power
it's just like that it's hard for one person to win the lottery, so the mine pool organizes many people to buy the lottery together, and after winning the lottery, they are distributed to everyone according to the amount of contribution.

7. The mine pool is a team mining server. Corresponding mine pool address and server address. Bitcoin generates a block every 10 minutes, and there will be tens of millions of people competing. In the end, only one person owns the block, and no one else receives anything
you may have to dig for 5 years to get a block. Team mining is that once anyone in the team gets a block, they will divide the currency in the block according to their performance, so that they can get bitcoin quickly.

8. Hello, large scale mining needs a special site with good ventilation, moderate temperature and humidity, stable supply and reasonable price of electricity, management personnel who know bitcoin and mining, and technical personnel who are proficient in power line maintenance and network maintenance.

9. Established in 2013, the old domestic digital currency exchange of huocoin.com currently covers spot trading, contract trading, investment incubation, instant messaging, mine pool, etc

in the last year, the network has accelerated the layout of the surrounding ecology of digital currency. Due to the graal emergence of the ceiling of trading business, the expansion of trading business has slowed down significantly. At present, the expansion direction of the trading business of fire coin network lies in the national region, with the opening of South Korea station and the United States station. Start international layout. Nowadays, most of the exchanges are trading in US dollars. The expansion of fire currency lies in that it can be traded in more countries' legal currencies, such as Korean won. Assuming that fire currency can open trading business in all countries and regions in the world in the future, there will be more local users who are used to their own currencies, so as to realize the growth of differentiation

from this point of view, the value of ham has not yet reached the ceiling, because with the opening of more exchanges, the revenue of huocoin will increase, and the strength of repurchase will also increase

another expansion of fire coin trading business is the franchise mode. Partners create exchanges through the use of fire coin technology and fire coin trading depth, and share interests with fire coin. The advantage is to let those who have the ability to seize the market and gain more market share, while fire coin does not need to pay too much resource investment. It's a way to increase revenue. The disadvantage is that it is easy to overdraft the brand. Overall, this business will still bring a lot of trading shares and profits for fire coin

the horizontal expansion of fire coin lies in the layout of the surrounding ecology of the encryption instry, such as investment incubation. Investment incubation can bring high-quality projects to fire coin. Fire coin's investment business will focus on the early global cryptocurrency projects, find them and carry out investment incubation. When these projects are mature, you can choose to trade on fire coin or log on to fire coin's IEO board. It can be said that investment incubation is an indispensable business of huocoin.com

instant messaging fire letter is for traffic, each instry has a specific circle, fire letter is to gather these people together, gather in the fire coin ecology, and then convert them into trading users. It's an application for grabbing transaction share

for the business of mine pool, at present, the fire coin mine pool has become the leader of pledge mining, with differentiated competition, avoiding several powerful competitors of pow, and starting from pledge mining, the growth speed of fire coin mine pool is very fast

the fire coin mine pool may only be an extension of the transaction business, so that the transaction users can experience the one-stop service of transaction and financial storage in one stop. Fire Coin Wallet is similar

these businesses of fire coin seem to be unrelated, but they are all for the purpose of extending the trading business. So HT is still very optimistic in the future.

10. The computing power and block output of the whole network can be found in
http://www.taobtc.net/
look at
1. First of all, as a node mine pool, the mine pool construction itself needs to add node files, which show the number of connections under the bitcoin wallet. After adding nodes, the number of connections can reach dozens or even more, depending on how many nodes you add, effectively recing invalid share
2. How to fix the calculation difficulty of mining equipment for miners? Set it in your mining equipment startup bat
for example, if your single mining equipment is 10g, you can add
/ 1000 + 10 after the user name (wallet address) in the bat file. For example,
- U
/ 1000 + 10
- P
1 in my bat, what does that mean? That is to say, your device is 10g computing power, and you use a fixed difficulty of 10G for mining in P2P pool. If you are a 1g device, write / 1000 + 1 at the back, so the difficulty is fixed and the efficiency of the device is effectively improved.