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How does PI coin miner produce coins

Publish: 2021-04-25 18:53:10
1. The mining of virtual currency is a process of using computer hardware to do mathematical calculation for virtual currency network to confirm transactions and improve security. As a reward for their service, miners can get the Commission included in the transaction they confirm, as well as the newly created virtual currency. Mining is a professional and competitive market. The bonus is divided according to the amount of calculation
however, some Shanzhai coins are purely tools for developers and users to earn money. There are two main ways to make money by using virtual coins: one is mining. For example, if you want to obtain bitcoin, you must use a professional ASIC miner to mine (Avalon miner), and the bitcoin obtained from mining can be traded on the trading platform; The other is trading on the trading platform and making money by using the price difference
2. < blockquote >

when building bitcoin, Nakamoto wants bitcoin to be a decentralized currency, not only for use and trading, but also for mining. But it backfired. With the increasing value of cryptocurrency such as bitcoin, mining has become an instry. The competition is more and more fierce, and the pursuit of mining computing power is higher and higher. Therefore, from ordinary computer mining, ASIC mining machine and GPU mining machine have evolved

the algorithm of ASIC mining machine is almost sha256, while the algorithm of GPU mining is different. For example, the algorithm of BTG is equihash, and the algorithm of BCD is optimized x13. Although it is not absolute, it can be simply considered that the currency of sha256 algorithm is generally mined by ASIC mining machine. Other algorithms are basically using GPU miner. There are also exceptions. Scrypt's Leyte coin used to be mined by GPU miner, but later scrypt's algorithm was also conquered by ASIC chips, such as ant miner L3 +, which is the ASIC miner used to dig Leyte coin

ASIC miner refers to the miner that uses ASIC chip as the core of computing power. ASIC is the abbreviation of application specific integrated circuit, which is a kind of electronic circuit (chip) specially designed for a specific purpose. Some mining machinery factories have designed ASIC chips specially for computing the sha256 algorithm of bitcoin, and the mining machinery using them is ASIC mining machinery. Because ASIC chip is only built for specific computing, its efficiency can be much higher than that of CPU. For example, the current mainstream ant miner S9 is ASIC miner, which uses 189 ASIC chips, the computing power reaches 13.5th/s, and the power consumption is only 1350W. As a comparison, the computing power of gtx1080ti, the flagship computer graphics card, will not exceed 60mh / s even if it is optimized well. The difference is tens of thousands of times

GPU miner refers to the miner that uses GPU graphics card as the core of computing power. Cryptocurrencies such as Ethereum, bitcoin and diamond use graphics algorithms, so the speed of computing with graphics card will be the highest. Compared with ASIC miner, GPU miner is more well-known, because it is a computer with enhanced graphics card configuration

the purpose of GPU miner is to make money, so we should pursue the power consumption ratio and maximum profit, so we should pay attention to the cost performance. Generally, the medium and high-end positioning graphics cards, such as AMD rx560 and rx570, have high power consumption ratio, which is a good choice for GPU miner. While flagship cards such as gtx1080ti and AMD vega64 have the strongest single card performance, they are not cost-effective in terms of price and power consumption

in addition, the ASIC miner also has some exotic procts, such as the USB miner of burning cat, which is slightly larger than the U disk, and the power consumption is only 2.25w, which is the smallest bitcoin miner at present

< / blockquote >

the above quoted digcoin.com - "Introction to mining machinery classification" has many professional terms. I hope it can help you, thank you

3.

Pai.com only has the relationship of invitation and invited, and the invitation does not belong to the superior subordinate relationship. They all enjoy the same computing power of 0.1pi/hr given by the system software, and only when they are online mining together, these additional computing power will be activated

PI project focuses on building a globally shared and decentralized virtual currency management system. It sounds similar to bitcoin and other payment projects, but PI has a lower threshold and a simpler way to participate, which can prevent the problems of bitcoin's concentration of computing power and wealth< p>
the PI project only entered China in July this year. At present, there is no Chinese version, and even the official website of China has not been set up. It is still in the super early stage and has great potential for development in the future. Moreover, every time the number of people increases by 10 times, the mining output will be halved, and the mining will be terminated after 10 million, PI coin will become more and more scarce, with great development potential


the PI project focuses on building a globally shared and decentralized virtual currency management system, which sounds similar to bitcoin and other payment projects, but PI has a lower threshold and a simpler way to participate, which can prevent the problems of bitcoin's concentration of computing power and wealth<

the PI project only entered China in July this year. At this stage, there is no Chinese version, and even the official website of China has not been established. It is still in the super early stage and has great development potential in the future. Moreover, every time the number of people increases by 10 times, the mining output will be halved, and the mining will be terminated after 10 million, PI coin will become more and more scarce, with great development potential< br />

4. Like this, he imitates the general words of bitcoin quantity display in the form of bitcoin. In the end, it must have been a lie. You should be able to make some money ahead, but you have to invest.
5. I've been following PI currency for quite a long time, so it can't be called a fraud at present. The current status is that there is no cheating on users for any money and valuable information, but it is still centralized at present, which is in fact the same nature as the daily check-in software. None of the alleged stunts have come true yet. To put it bluntly, the future is in the hands of the sponsor. He can run if he wants, cheat if he wants, and do blockchain if he really wants. More users, can do a lot of things, this is almost empty handed set white wolf. This is equivalent to an app that lives millions a day. There is no promotion cost. It depends on pulling people's heads. It's just that Pi money depicts a very bright future. Of course, it is possible that the sponsor will really do it seriously, or cheat a wave, at least has established a million level of trust. So now it can't be said that Pi coin is a fraud. It hasn't cheated you of money or valuable things. But I noticed that Pi coin recently asked KYC for advice on how to prove that you are a living person, and used Chinese. Many so-called users leave messages below to verify their ID cards, mobile phones and other information. In addition, I also sign in PI coin every day, but I will not send my invitation code. Because, you will find that every article about PI coin will write a mandatory invitation code at the beginning or end, because he is pulling his head. I'm not sure whether PI coin is true or false. In fact, it's because even if it's a scam, the people who initially participated in the capital market have no cost.
6. Pchainnetwork (PI) is a new type of native multi chain system, which makes it possible for large-scale instrial application of blockchain smart contract. The main technological innovations of pchainnetwork include: the world's first native multi chain supporting EVM, sharding consensus pipeline, smart contract of smart data, cross chain call and transaction
according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: December 28, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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https://b.pingan.com.cn/paim/iknow/index.html
7.

It depends on the configuration of the computer graphics card and the upload speed of the network. The machine configuration is relatively fast, but it's also probability. It's not so easy. Now many people start to engage in mining, and the unfamiliar people still don't want to play with these things. I think we should first invest in the familiar or online financial management, such as Jujin capital where I put them

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