I want to dig for money
mining refers to the use of bitcoin mining machine to obtain bitcoin, that is, the computer used to earn bitcoin. If you can get bitcoin, you can make money this kind of computer generally has professional mining chips and works by installing a large number of graphics cards, which consumes a lot of power. The computer downloads the mining software and then runs a specific algorithm to get the corresponding bitcoin after communicating with the remote server
precautions:
1. It's better to use DIY mining machine, from purchasing accessories to assembly, and then to mining software, to learn, focus, practice and graally understand the blockchain
Mining is actually a fixed investment process: regardless of the currency price, a certain amount of positions will be increased every day3. The bitcoin wallet used to store bitcoin uses military level encryption, which makes it impossible for hackers to steal easily. Bitcoin wallet also allows users to set two passwords, a public account password and a private password. The user of public account password is to let the user receive bitcoin. If users want to withdraw or transfer bitcoin from their accounts, they need to use a private password
Mining hang up is true, but the market hang up the good and bad, do not hang up
Mining is to confirm the transactions in the bitcoin system over a period of time and record the process of forming new blocks on the blockchain. The miners are called miners
Can mining make money? People around me who have been in contact with blockchain have asked me this question. The answer must be yes, otherwise mining will not be the foundation of blockchain development, and countless people will be miners How to dig? Xiao users said they were at a loss. You can use ha Yu miner to mine and experience mining resistance by yourself. You can download software and mine with one click, without any learning costmining is actually using a special customized computer to run a set of special algorithms to decrypt the encryption algorithm of virtual currency For example, this currency has a series of codes. People "guess" the code through the algorithm. If they guess all the codes correctly, they can get a complete virtual currency. If they guess one point correctly, they can get a part of it, such as "0.00035637 bitcoins". Yes, virtual currency can be divided. It is not possible to dig a complete bitcoin at one time. The bitcoin g is a string of characters.)
the reason for mining with graphics card is that the algorithm of decrypting bitcoin is actually very simple, which is not a high-level operation, but it has a lot of amount, and the graphics chip is more suitable for this than the CPU chip For example, 1 + 1 =? 2+2= This kind of algorithm seems simple to you, but if I tell you this kind of simple algorithm, there are 100 million in total?! Would you like to try to figure it out? I believe you can figure it out, but it's just a long time)
(CPU chips and graphics chips have a huge number of transistors, which are responsible for computing. The difference is that the transistors of CPU chips are divided into many parts, which can deal with all kinds of task instructions. When running simple operations, only a part of the transistors are working, The others are on standby, because other transistors are not responsible for this task. They can calculate, even if they are relatively slow, but they will still consume the same power, resulting in a low cost-effectiveness ratio.
(graphics chips are different. In fact, most of their work is "crazy rendering triangles". What's a crazy method? Render 1 billion triangles in one second!!! This work is relatively simple, but the amount is very large, and there is a high requirement for the speed of "rendering", so the graphics chip can make its transistors all move when it is designed, so as to achieve the purpose of "rendering" more triangles in the shortest time! This happens to be very similar to the process of decrypting bitcoin, so most of them use graphics cards to mine. This doesn't mean that CPU can't mine. People can mine with their heads. Do you believe it? It's just very slow, and the value of the bitcoin is not enough to pay for your electricity and meals)
mining can't "lie down and make money", because a qualified miner's price ranges from tens of thousands to hundreds of thousands according to its computing power. Because it consumes a lot of electricity, the cost of mining is not only to buy a miner, but also to include the electricity! Moreover, the mining machine needs good heat dissipation and daily maintenance to extend the life of the hardware as much as possible, so if you dig the mine, you will not have much leisure. In addition, the number of virtual currencies is limited, it is more and more difficult to dig, and the stability of the value is poor. Maybe you invest 10 million yuan to build a mine, and a wave of collapse will occur. You have been frozen for 10 million minutes
secondly, bitcoin has a perfect derivative route, which can accurately hedge risks. What about a shares? We have to buy up and wait for the harvest
bitoffer offers the strongest bitcoin option and is the best risk hedging tool in the spot
how to use options to hedge the fall risk of spot
for example, the current price of bitcoin is US $10000
if it goes up to US $11000, the spot profit is US $1000
if it goes down to US $9000, the spot loss is US $1000
if you open a put option hedging in bitoffer, the cost is only US $20. If bitcoin goes down from US $10000 to US $9000, the spot loss is US $1000, and the put option profit is US $1000, The two offset each other, your account does not have any loss, this is the charm of hedging
after opening the hedging mechanism, your account will make money if it goes up, and even if it goes down, because the risk has been completely offset.
if you want to dig, it's better to find a mine to pick up. However, if you find all the technical ones, you can pick them up~