What is miner? What is miner for
unlike most 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 a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. 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. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
mining machine is a tool for procing and mining bitcoin
1. Bitcoin miner is the hardware equipment used for bitcoin mining
2. Simply speaking, bitcoin mining is to use your bitcoin mining hardware to calculate mathematical problems, confirm network transactions, and ensure the security of the entire bitcoin network system. In return, you can get a certain amount of bitcoin reward. Bitcoin itself is a kind of property, which can be converted into RMB through bitcoin trading platform< br />
Mining machinery may focus on different projects. Taking IPFs mining machine configuration as an example, the server level CPU such as amd Xiaolong 7302 is generally used; Most graphics cards are made of NVIDIA 2080ti, which can be proced in different factories; Seagate enterprise hard disk is the majority of hard disks, with large capacity, reliability and long-term operation of 7 * 24 hours
Mining is a work that needs a lot of computing power to support. The reason why we use the graphics card mining machine is that the graphics card is easier to carry out a lot of repeated calculations than the CPU, so the general mining machine of the graphics card selects the graphics card mining machine
but mining also need to find a useful mining software, I have been using ha Yu miner mining, easy to use, high income< br />
I won't comment on Zhang Xiaolong's other views, but I have reservations about his view that "wechat wants to build a truly decentralized system and will not provide a centralized traffic entrance to all public platforms and third parties", and that the traffic entrance is in the QR code.
Bitcoin mining machine is one of the ways to obtain bitcoin . Bitcoin is a kind of network virtual currency proced by open source P2P software
it doesn't rely on the issuance of specific monetary institutions, and it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
any computer can become a mining machine, but the benefit will be relatively low, and it may not be able to dig a bitcoin in ten years. Many companies have developed professional bitcoin mining machines, which are equipped with special mining chips, and their computing speed is tens or hundreds of times higher than that of ordinary computers
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in terms of revenue, the issue and transaction of bitcoin are realized through mining, which is cast at a certain but slowing rate. Each new block is accompanied by a certain number of new bitcoin from scratch, which is used as a coinbase transaction to reward the miners who find the block
the reward for each block is not fixed. For every 210000 blocks mined, it takes about four years, and the currency issuance rate is reced by 50%. In the first four years of bitcoin's operation, each block created 50 new bitcoins. Each block creates 12.5 new bitcoins. In addition to the block award, the miner will receive a handling fee for all transactions within the block
the first point is: internal and external remittances, South Africa's remittance market continues to grow, which is caused by the influx of rural to urban migrants and migrant workers from neighboring countries. By 2023, the country's remittance market is expected to reach R34 billion (about US $2.3 billion). Bitcoin offers a cheaper option for remitting money to relatives in rural South Africa or neighboring countries. Marius Reitz, Africa general manager of the cryptocurrency trading platform luno, said in a comment on the role of bitcoin and cryptopayments in the country's remittance sector
third point: the instability of the "Rand", South African rand (the legal tender of the country) is the most volatile currency among the "major currencies". Like other countries experiencing such fluctuations, bitcoin is a viable option. According to Reitz, bitcoin trading in South Africa averages r90 million (US $6 million) a day. According to data from coindance, on average, 15 million reais (US $1 million) of cryptocurrency were traded through the point-to-point platform localbitcoin in October 2019< br />