BitRoad continental mine pool payment

1. No, trading platforms are generally just for bitcoin trading. At present, only bitcoin China has its own mine.

2.

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

3. It seems that after btcguild locks the withdrawal address, it can't be changed. It can only re register the btcguild account. This lock is the real lock. Don't worry about others stealing your btcguild account and your currency

4. Friend, are you still making bitcoin? Bitcoin has been declared bankrupt. Therefore, it is suggested not to do foreign projects. Why not do it when the Chinese currency is issued in China? After all, what is issued in China can be g or traded, and there is a lot of room for appreciation

5. This suggestion you don't play, this kind of capital plate is for money

6. Hello, bitcoin traders need to pay a transaction fee to the miners who found the block to package the transaction, which is equivalent to recording the transaction on the account book.

7. Let's distinguish whether there are differences between nodes. The permissions of nodes, such as the decision-making of consensus mechanism, and the power of ledger records, etc

8. Mining income. If your mining income is enough, you need to sell. If you hold standard or advanced mining machines, you can sell mining income at will

9. Bitp has grown into the mainstream currency gene:
1. It can solve the problems that other public chains can't solve, that is, the value. The infrastructure of the public chain is mature, not to mention the future
2, block transmission is the fastest, from second to second
3. The wallet can store bitp, BTC, Eth and other multi clock currencies and realize Flash cash, cross chain, and players in the coin circle don't need to download multiple wallets
4, multi address generation, currency mixing technology, to achieve two-way anonymity
5, beyond the Ethernet 2.0 BPOs four main node mining
6. For the second truly decentralized public chain native coin, the project side only has 1% in the first year, and the price voice is given to all consensus makers
7. Now is the stage of consensus building to grab the original currency. The mode is free and humanized, with high viscosity and low wastage rate
8, low-key and practical operation, step by step on the time node, seamless closed-loop, unlimited growth space.