What does bitcoin miner graphics card mean

1.

Simply put, it is to use your graphics card to work for others in your spare time in exchange for compensation. Only AMD's graphics card is suitable

graphics card mining to make money:

1. Determine the virtual currency to be mined

2.

Generally, there are professional graphics cards to mine, and the mine is actually bitcoin. Users download the mining software from the computer and then run a specific algorithm. After communicating with the remote server, they can get the corresponding bitcoin. Most of them work by burning the graphics card, so the power consumption is large

the graphics cards and mine cards are usually ATI chips. The bitcoin market is not good, so the miners take out their mining cards and sell them as second-hand

what is mining

to put it simply, mining is to use the chip to perform a calculation related to the random number, and get the answer in exchange for a virtual coin. Virtual currency can be exchanged for the currency of each country through some way. The stronger the computing power, the faster the chip can find this random answer. Theoretically, the more virtual coins can be proced per unit time. Because it's about random numbers, you can only get rewards if you happen to find the answer. It's possible that one chip will find the answer in the next second, or ten chips won't find the answer in a week. The more chips compute at the same time, the easier it is to find the answer, and the mining machine with built-in multi chips appears. And a number of mining machines to form a "mine" at the same time mining is to improve efficiency. In the mine pool, multiple "self-employed" join an organization to mine together. No matter who finds the answer and digs out the virtual coin, everyone gets the corresponding reward according to the calculation ability of contribution. This way can make the income of "self-employed" more stable

relationship between mining and graphics card

the stronger the computing power of ant miner, the easier it is to dig out virtual coins. Accordingly, when the more virtual coins are g out, the difficulty of mining will be increased accordingly, so as to control the yield of virtual coins. The virtual currency is not unlimited. The total number of bitcoin is 84 million

3.

Mining, in fact, is to use graphics card to dig bitcoin

bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

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 the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography 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

bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items

4.

Why use graphics card to mine

compared with CPU, GPU is used for general purpose calculation. So it can stack hundreds of stream processors awesome. Each stream processor is like a small CPU. Although its ability to run complex programs is far from the power of CPU, it can not support many processors, so the actual performance, especially the single precision floating point performance is much stronger than that of CPU. p> However, as we have mentioned before, a card is very suitable for general computing such as virtual currency because it has many stream processors, and the speed of obtaining specific solutions is much higher than that of N card. Therefore, many miners rush to buy a card to calculate virtual currency for profit

of course, with NVIDIA's Pascal graphics card, n card's ability in mining virtual currency is not as different as a card before. So in the current situation that a card is generally out of stock, those mid-range N cards have become the second choice for miners

What are the disadvantages of mine card

finally, I want to talk about why we can't choose mine card when we are shopping for second-hand cards. Because the miners are mining bitcoin, the most important thing is to seek profits. Therefore, the graphics card they use is running and calculating all the time, and its strength is far greater than that of daily game applications. In other words, running such a calculation for one day is equivalent to running a graphics card for one month

in addition, the places where virtual currency is mined are mostly the places where multiple graphics cards gather. Thousands of graphics cards are constantly calculating in a room, and their heat is also quite huge. Miners can not choose the chassis with good heat dissipation conditions like ordinary consumers, so that the heat can be released smoothly. In this way, the graphics cards can still operate for 7 * 24 hours under high temperature conditions, It also deepens its aging degree

the result of doing so is that the graphics cards used for mining are lost prematurely. If you buy these graphics cards, the result will be unstable operation, restart and other things will continue to happen

moreover, at present, manufacturers also have strict requirements on mine cards, such as banning second-hand sales and shortening the shelf life. If users buy these mine card graphics cards, future maintenance will also be a big challenge

5. A device that digs bitcoin or Leyte or other electronic money. Usually a computer motherboard has more than one high-performance graphics card.

6.

Starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique

why use graphics card to mine

compared with the complex computing of CPU, GPU used by graphics card is used for general computing. So it can stack hundreds of stream processors awesome. Each stream processor is like a small CPU. Although its ability to run complex programs is far from the power of CPU, it can not support many processors, so the actual performance, especially the single precision floating point performance is much stronger than that of CPU. p>

the actions in bitcoin can be considered as the use of graphics card to do continuous general computing, and the computational complexity is relatively low and quite repetitive. The stream processor used by graphics card is just suitable for such an algorithm. It's like constantly solving equations. The graphics card is 2000 middle school students, while the CPU is 8 math doctors. Although the mathematical knowledge of the doctor of mathematics is far more than that of the middle school students, the speed of solving medium-sized equations such as virtual currency is certainly not as fast as that of 2000 middle school students

so we used graphics card to mine virtual currency at the beginning. After that, someone developed a specific algorithm to make the stream processor of the graphics card greatly strengthen the virtual currency solution, which is the origin of the mining machine