Principle of bandwidth mining
bitcoin mining is a process of using computer hardware to calculate transaction confirmation and improve security. Bitcoin is a reward for miners to calculate and confirm
bitcoin also has a hype mode. Similar to bitcoin, there are also flow ores. Flow ores also have ways of trading and speculation, but the mining principle of flow ores is different from bitcoin. Flow ores mainly collect the idle bandwidth of miners and give them rewards
in fact, the blockchain technology adopted by bitcoin is more valuable than itself. This is a new way of information storage. The data is stored in all devices connected to the network. When new devices join, the information will be updated automatically, and all devices have the right to read the information
to understand the significance of bitcoin from the perspective of currency, we need to understand the currency itself first, and then compare it with the characteristics of bitcoin. After comparison, I think that bitcoin is a very high-quality currency, but some people don't think it is. They mainly question the formation mechanism of bitcoin and the lack of national credit as guarantee. They think its foundation is relatively weak
at present, there are quite a lot of arguments about bitcoin in academic circles. For example, if the total amount of bitcoin is certain, then whether it will cause deflation or inflation has different views. I think it's deflation, and the value of bitcoin will be higher and higher
at present, bitcoin still means a little bit of a safe haven currency. When the news of brexit came out, the transaction price of bitcoin rose by 20% - 30% to about 4500 yuan / piece
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
the concept of bitcoin was first proposed by Nakamoto in 2009. Bitcoin, also known as bitcoin, is an open source software designed and released according to the idea of Nakamoto Tsung, and a P2P network built on it. Unlike most currencies, bitcoin does not rely on a specific central issuing institution. It uses distributed databases throughout the P2P network nodes to record currency transactions, and uses cryptography design to ensure the security of all aspects of currency circulation
mining refers to the process of using computer hardware to calculate the location of bitcoin and obtain bitcoin. When mining, we need to confirm the virtual currency transaction. In the process of transaction, we run complex operations. Miners use computers to perform these operations, and then get the virtual currency reward
mining, the process of computing the location of bitcoin by computer hardware and obtaining it, is called mining. Every other point in time, the bitcoin system will generate a random code on the system node. All computers in the Internet can search for this code. Whoever finds this code will generate a block and then get a bitcoin. This process is often called mining. Computing this random code requires a lot of GPU operations, so the miners purchase a large number of graphics cards to get bitcoin profits more quickly.
if you go to the West Lake Cultural Square (not beside the West Lake), take subway line 1 to Xianghu. Get off at the West Lake Cultural Square Station and you'll be there
if you go to the West Lake, you can take the subway line 1 in the direction of Xianghu and get off at longxiangqiao station.
Distributed computing is a computing method, which is opposite to centralized computing. With the development of computing technology, some applications need huge computing power to complete. If centralized computing is used, it will take quite a long time to complete. Distributed computing decomposes the application into many small parts, which are distributed to multiple computers for processing. This can save the overall calculation time and greatly improve the calculation efficiency