Virtual currency mobile mining software
bitcoin mining machine is the computer used to earn bitcoin
mining software is the algorithm of bitcoin
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all 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 feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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
extended data:
bitcoin has the following six characteristics
1. Decentralization: bitcoin is the first distributed virtual currency, the whole network is composed of users, and there is no central bank. Decentralization is the guarantee of bitcoin's security and freedom
2. Worldwide circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6. Cross platform Mining: users can explore the computing power of different hardware on many platforms
source of reference:
network bitcoin mining machine
network bitcoin
if you want to see if the mobile phone can dig, just see the effect. Don't even try.
bitcoin = RMB = US dollar, so everyone went to mine
virtual currency ensures the security of currency through close and complex mathematical calculation, and the more people join in mining, the safer the currency will be
mining needs calculation, and calculation needs graphics card. Ordinary graphics card can draw pictures, calculate, play games, etc. professional mining card sacrifices other functions besides calculation, and is dedicated to mining
Mining cards are generally used in professional mining machines, such as
coin potential
mining machine, which is tens of times faster than ordinary computer mining machine, and its computing power is up to 165mh / s. High computing power means that your mining speed is fast and your income is high, so now mining has entered the era of specialization and clustering. If you want to mine, you must buy mining machines and join the mining pool, otherwise the mining income is not enough to pay the electricity bill
it's almost impossible for ordinary computers to find virtual currency, because the proction of currency is a competitive mechanism. The computing power of ordinary computers is almost the same as that of professional mining machines. If you really want to calculate, your computer can't dig bitcoin. If you dig ether currency, the monthly income is 353 yuan, and the machine needs to be turned on 24 hours.