The new mining technology of computational power
computing power refers to computing power, refers to that in the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on computer random hash collisions. How many hash collisions can a mining machine do per second, is the representative of its "computing power". The unit is written as hash / s, which is the so-called proof of work mechanism (POW)
Mining is the use of bitcoin mining machine, which is used to earn bitcoin
one of the ways to get bitcoin is that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server
bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce
mining is actually a competition of performance and equipment. The mining machine composed of many graphics cards, even if it's only hd6770, can surpass the single graphics card of most users
and this is not the most terrible. Some mining machines are made up of more such graphics card arrays. When dozens or even hundreds of graphics cards come together, the graphics card itself costs money. Considering the hardware price and other costs, there is a considerable expenditure in mining
bitcoin mining process:
1. To find the ore pool
to start mining, there must be a ore pool with convenient operation and stable output. Its function is to subdivide the data packets for each terminal, and pay the corresponding amount of bitcoin according to the proportion of the data packets calculated by the terminal through precise algorithm
2. Download bitcoin miner (software)
in fact, there are many kinds of this miner, you can go to the official website to download
3. Setting mining software is a green software. After installation, we can set the language first to facilitate further setting. Next, you need to set the server, user name, password, equipment and so on. Generally, the server chooses a better network from BTC guide series, and the user name and password are set by ourselves before
4, bitcoin mining start
when we confirm that all settings are correct, click the "start mining" button to start bitcoin mining, and then the graphics card will soon enter the full speed running state, the temperature and fan speed will increase, you can monitor the state through gpu-z or graphics card driver
1. Direct exchange purchase, such as fire coin, coin security, buybit, OK and other digital exchanges. Although buying bitcoin through direct exchange is the most convenient way, you have to find the right time to buy it. Buy high may be cut, so it is best to buy according to the market low. At the high point, you can also sell bitcoin, which is a value-added investment
2. Mining machine mining bitcoin, this way to get bitcoin is the most primitive, bitcoin was originally computer mining, now it is a professional mining equipment mining - bitcoin mining machine. The better bitcoin mining machines on the market are Shenma, ant, Avalon and so on. However, the mining machine mining threshold is relatively high, which the group owners should pay attention to
3. Cloud computing power mining is actually the mining method after the mining machine is split, and the digging of bitcoin is actually the factor of computing power. Because mining machine mining threshold is relatively high, so many mining machine manufacturers will split mining machine into a piece of computing power, sell to users
4. It is a new way to dig bitcoin. It mainly corresponds to a 1t mining machine with 60W power consumption. Because of cloud computing power mining, the cost of leasing cloud computing power will not be refunded, so there is a way of mining with certificate of deposit of cloud computing power, because the certificate of deposit can be traded in the end, which can recover a large part of the cost of computing power for users. Now, Xbit is the first innovative miner. Others like VC are OK
investment is risky, so don't be blind