Qian Gang in mining
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 />
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 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
2. Digital currency is a kind of unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
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I hope it can help you
it is recommended that you contact the customer service of fire coin. If the amount involved is large, you can ask a lawyer to make it clear and call the police. Thank you very much for your patience. If you have any help, please accept it. I wish you a happy life! thank you!