Is it easy to mine virtual currency

1. I recommend eco and RCO, which are better than bitcoin. This is the simplest digital currency that can be found at present. It's easy to directly mention the currency exchange transaction to realize it.

2.

mining is a nickname for the exploration method of acquiring bitcoin. Because of its working principle is very similar to mining minerals, so named. In addition, bitcoin explorers who do mining work are also known as miners

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system

bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes

then the bitcoin network will generate a certain amount of bitcoin as a reward to reward the person who gets the answer

extended data:

to be a miner, just "mine" bitcoin and search for 64 bit numbers by computer. By repeatedly decrypting with a computer, it competes with other gold miners to provide the number needed for the bitcoin network

if the computer can successfully create a set of numbers, it will get 25 bitcoins. Bitcoin is decentralized. It needs to create a fixed number of bitcoins per unit of computing time. It can get 25 bitcoins every 10 minutes

by 2140, the upper limit of bitcoin in circulation will reach 21 million. In other words, bitcoin system can be self-sufficient, which can be translated into coding to resist inflation and prevent others from sabotaging< br />

3. At present, bitcoin is the only reliable virtual currency. Bitcoin is a kind of virtual currency generated by the corresponding algorithm, which needs to use a large number of mining machines, that is, servers for mining. At present, only the virtual currency issued by the central bank is legal in our country, and the others are illegal
I hope I can help you. Thank you for your adoption.

4. 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

5. Speaking of bitcoin, it can be hot recently. The Internet is discussing this mysterious currency everywhere, even in the economic journal. Newspapers are discussing the feasibility. Bitcoin is popular among computer geeks. These people are yearning for freedom. It is said that when Nakamoto published his paper, bitcoin has become increasingly popular. Many foreign websites and even shopping have accepted bitcoin payment, but domestic ones are relatively few. The value of bitcoin is relatively high now. It is worth more than 300 US dollars and more than 1000 RMB yuan, which is very attractive. But it is just a stock, which goes up and down. It's more risky than special procts. Please be careful when you enter the trade
today, I'll write down my experience and tools in bitcoin exploration. I'm also a novice. I'd like to share with people who love bitcoin
1. Download your bitcoin e-wallet first. There is bitcoin client on the Internet. It doesn't need to be registered. It is bound to your computer by default. After downloading and installing, it will change your network data block. This is enough. I heard that it is to download all the information of network nodes. It's global. How big should it be? I've updated it for several days and finished downloading the data block
bitcoin client interface:
2. The interface is relatively simple. With this client, you can make bitcoin payment and collection. You can see a string of numbers and letters below by clicking on the circle in the figure below. You can the string and send it to others. If you give the bank card account number to others, they can pay. You can click "send currency" and paste the account number sent by others to pay for bitcoin. There is no third party in this process, So it's safe
3. How to mine is also an important way to proce bitcoin. Mining tool is guiminer, it is a green package, that is, folder, do not need security, download it directly decompression can be used, find the icon below, double-click to run
interface:
4. If you have a tool to use, you need to find a good place to proce minerals, that is, a mine pool. Now the output of bitcoin is less and less. If you dig bitcoin, you don't know when and when. If you are a Galaxy series supercomputer, let's talk about it separately. Personal computers can be ignored. There are many mines, But it is known as deepbit, the world's largest mining pool of bitcoin. Its website is
https://deepbit.net/
log in to the website to register an account. Click my account
5, enter my account information, here you can see your miner information, how much bitcoin the account has, C contribution
6, specific settings of my account< br />1、< Your bitcoin address to receive payment: & gt; In the box, enter the address where you accept bitcoin. Don't write it wrong, or you'll be digging for nothing. The picture and text above have said that
2. Minimum value of automatic payment:
set by yourself. When you have so much money in the mine pool, this website will automatically type the money to your bitcoin account address set above. You see, the above settings are important
3 set miners, click Create
New
vorker, Chinese is to create new miners, miners can help your mining workers, you can set more than one, and then excavate in a lot of computers, the effect is more obvious, the income is more rich
write freely on the name, to write in English, foreign things better write in English
write the password by yourself, don't write it too long, it's simple, it's not important
failure detection threshold
(1-3600
minutes):
just write 60,
when the miner doesn't work, send an email notice*<
: choose not decisively, refuse spam,
payment method: choose decisively, pull according to proportion, pay more for more work, which is in line with human development
click the last point
Sava
setting
to save your miner and return to see your miner's information
7. Fill the miner information into the mining tool guiminer,
file - & gt; new
opencl
miner-> Fill in your favorite name - "sever" select deepbit - "user name to fill in the miner's name. Remember to add the miner to your mailbox in the form of your registered account. There is a password on it, you know. Device
is to choose what hardware you use to work, usually with a graphics card. Select the graphics card you want to use. If you can't find it, remember to update the graphics card driver, Then start
mining. You can sit and wait for ore collection. The specific speed depends on your computer configuration
note: there are many ore pools and tools, but I won't introce them to you, just because I use what I said above. Whoever uses knows, there will be a place to speak, and I may not understand others. Be careful, the electricity bill is not enough. If you really have it, you can buy and sell bitcoin on China bitcoin network and exchange it for real gold, right.

6. If you want to dig a mine, you should understand these first, and then decide whether to join the army of miners or not
as a miner, I used graphics card very early and then butterfly machine. At present, I use Avalon's 220 miner and just received a new 180 ant miner. To tell you the truth, mining is not as simple as you think. Here I will list some practical difficulties you need to face in mining. If you find that some of these items can't be solved and overcome for the time being, don't rush to buy a miner, because from the moment you buy, if you can't mine, Then you will face a real loss

first, list the problems to face
1, be able to accept the noise - the noise of the mining machine is very loud, which is equivalent to that you put the air conditioner outside the room
1-1, strong hands-on ability - the noise can be controlled to a certain extent by adding water cooling, but it needs to be done by yourself. The installation process of water cooling is not as simple as the online tutorial. It needs to be extremely careful. The capacitor on the logic board is easy to touch, and it must be successful at one time. Once the refrigerant is added, the machine will have problems again, It would be disastrous to dismantle the water cooling system
1-2, conditional repair of the chip capacitor - in the process of water cooling installation, the capacitor is easy to fall off, these chip capacitors are very difficult to weld
2, you can set up the network - you can't just plug in the Internet cable! Need to understand the routing, know how to change the IP of the router, mining IP is fixed, according to mining IP to do settings
2-1, you can get a fixed IP address - if you are mining in a company, you can't set up a route, so you must have the condition to get a fixed IP, and then set up your own network through this IP
3. The environment of continuous power supply and continuous network - mining is a 24-hour business. Don't take it for granted that a meeting is OK in one day. Many companies will cut off power at midnight. This must be made clear
3-1. In low temperature environment, in addition to 24-hour continuous power supply, there should also be a relatively cold environment. In actual mining, we can clearly feel the importance of temperature for mining<

let's assume two scenarios,
in the company:
if your working environment is very quiet, it is not suitable, even if water cooling is installed. If you are a senior blue collar, in the workshop, do you have the conditions to set up the network and get a fixed IP? If you can't, give up
at home:
can you stand noise? Can tolerate to a certain extent
is it possible to install water cooling? It can be installed conditionally
is it possible to set up a network? There are also conditions to set up the network
is it warm in that room? Yes, but you can open windows on the second bedroom or balcony
is it possible to pull the wire and the wiring board in the balcony? No problem
congratulations, you can buy a miner to dig it up, but if one of them doesn't work, you need to think carefully before making a decision
the above-mentioned points should not be taken as unimportant or major problems. For example, it is necessary to have the conditions to install water cooling, for example, in a lower temperature environment, for example, to have a fixed IP
when the miner starts to operate and makes a rumbling sound, if you are in the company, you have to turn it off awkwardly. If you are at home, you need to figure out how to explain to your family or girlfriend that the noise will exist for 24 hours, and hope they don't mind

if your home is warm, your miner will never be able to achieve the highest computing power it can. You must accept it calmly, don't be depressed, it's useless to find the seller. Unless you open the window to let in the cold air, you will find that you and the miner are so out of place. That's why laomaozi is very fond of mining< Make complaints about mobile phone, br / > and if you work hard to move the mine to the company, you may think that the electricity charge is in the whole province. You can't get the mine to connect. Then you can only move the mine to home or sell it as a second-hand machine...

these words are typed word by word by me. I hope it can help you. You must find out whether you are qualified to do this at present. As for how to dig, it's a very simple thing: buy a miner, register an account on a mining website, Download a multibit to store the bitcoin you get, and link the miner to the network for power on, Set up the network, give it the fixed IP specified on the chassis, use the computer to access the IP, make some simple settings, and then wait for the receipt
what else can I ask you

7. Bitcoin is a virtual digital currency
mining is done with mining machines, but it can also be done with cloud computing, mining pools and so on. As long as there is enough network, power and computer configuration, mining can be done
bitcoin mining is a bit similar to ordinary mining, so it is called mining.

8. Most businessmen and speculators are always interested in things that can be turned into money immediately. Bitcoin is one of them. The specialization of ASIC chips leads to the market separation between bitcoin mining and other Shanzhai coin mining
when the vast majority of video card mining machines and CPU mining machines are in a mine disaster, bitcoin mining with ASIC mining machines will not be affected. As the first big man in the virtual currency circle, bitcoin has become a deep-rooted belief in the coin circle. The total number of 21 million bitcoins also determines the transaction type and value-added of bitcoin
although bitcoin has begun to be recognized by most people, it has not really replaced the world's currency to fulfill its original intention, but it has become a collection beyond gold. The inflation of money, the rection of the total amount of mining and the increasing difficulty of mining all determine its future market prospects. The value-added has been firmly established, so people will rush to dig for mines, Because the bitcoin is actually worth more than gold

9. Bitcoin is an application of blockchain technology. The concept of blockchain is brought out by bitcoin
to understand blockchain technology, we can start with understanding bitcoin, and the subsequent blockchains can basically be regarded as derivatives and extensions of bitcoin. Bitcoin is designed as a digital currency, but for a technology, the scenario application of blockchain technology is far more than digital currency. We can combine the technical characteristics, Think about the application in various fields.