How to calculate the power of mining machine

1. Firstly, the cost of bitcoin mining can be divided into three parts:
1. Machine cost: the cost of purchasing mining machine
2. Power cost: the power cost consumed by machine mining
3. Auxiliary costs: personnel maintenance, network, cable consumables, heat dissipation, etc.
for a simple example, take the mining machine of ant S9, which consumes less power on the market, for example, the calculation power is 13.5T, and the power consumption is 1400W
when the mining machine runs for 24 hours: 1.4kw * 24 = 33.6 degrees
Shenma m3, which consumes more power on the market, has a calculation power of 11.5t, The power consumption is 2150w
under 24-hour operation, the power consumption of a single machine is 2.15kw * 24 = 51.6oc
which is roughly equivalent to the power consumption of energy-saving air conditioning, but the bitcoin miner needs 24-hour uninterrupted operation, the power consumption of a single machine is very large after a year's calculation, and the step price cost of household electricity is too high, When the market is not good, the income may not be enough for the electricity expenditure, so at present, mining will choose to be hosted in the mine, which can get cheap electricity and rece the cost price of mining. The price below 30% is the ideal price, which can keep the price of bitcoin falling to a low level, and there is still some income< According to the current mining difficulty of bitcoin:
BTC revenue per ton: 1th / s * 24h = 0.00007087btc
calculated by the comprehensive 12t machine computing power, the daily output is:
0.00007087t * 12t = 0.00085044btc
then the time required for a single machine to dig a BTC:
1 / 0.00085044 = 1175 days
the time required for ten mining machines to dig a BTC:
1 / 0.0085044 = 117 days
100 days In other words, according to the current difficulty, it takes about three years for a single miner to proce a bitcoin, 3.9 months for ten miners to dig a bitcoin, and 11.7 days for a hundred miners to dig a bitcoin. The cost of a single miner is about 8500, Ten are around 85000, one hundred is 850000, less than one million, and one month's income is more than two bitcoins. According to the current price of bitcoin, the price is about 120000. So, although the income of bitcoin mining is not as good as before, it is still considerable compared with other investment projects
however, these benefits do not include decting the cost of electricity charges and later maintenance of machines, so the premise of mining is to find a mine with low electricity charges. If the quantity is large, we need to find a safe, reliable and stable mine. What's more, we need cheap electricity to lower the cost price.

2. The revenue from the purchasing power contract varies from two to three years. You need to book and purchase the mining machinery in advance, search for electricity or look for the mine trusteeship, which has a lot of deployment costs and electricity costs. It also needs manual maintenance. The mining machinery has a service life. In addition, the mining machinery market is updated rapidly, so the cost of such calculation is very high, and it is also very troublesome.

3. The mining of virtual currency is a process of using computer hardware to do mathematical calculation for virtual currency network to confirm transactions and improve security. As a reward for their service, miners can get the Commission included in the transaction they confirm, as well as the newly created virtual currency. Mining is a professional and competitive market. The bonus is divided according to the amount of calculation
however, some Shanzhai coins are purely tools for developers and users to earn money. There are two main ways to make money by using virtual coins: one is mining. For example, if you want to obtain bitcoin, you must use a professional ASIC miner to mine (Avalon miner), and the bitcoin obtained from mining can be traded on the trading platform; The other is trading on the trading platform and making money by using the price difference

4.

Before the main network of IPFs filecoin was launched, the specific mining yield could not be calculated effectively and accurately, and the mining computing power of filecoin became a complex composed of bandwidth, hard disk space, network coverage and other factors

what the data storage market needs to contribute is hard disk storage space. The more hard disk space, the higher the mining capacity; Provide network bandwidth and get fil by mining bandwidth resources; The mining machine developed by interstellar continent based on the technical points disclosed in IPFs and filecoin white paper has more advantages in computing power

5. < blockquote >

when building bitcoin, Nakamoto wants bitcoin to be a decentralized currency, not only for use and trading, but also for mining. But it backfired. With the increasing value of cryptocurrency such as bitcoin, mining has become an instry. The competition is more and more fierce, and the pursuit of mining computing power is higher and higher. Therefore, from ordinary computer mining, ASIC mining machine and GPU mining machine have evolved

the algorithm of ASIC mining machine is almost sha256, while the algorithm of GPU mining is different. For example, the algorithm of BTG is equihash, and the algorithm of BCD is optimized x13. Although it is not absolute, it can be simply considered that the currency of sha256 algorithm is generally mined by ASIC mining machine. Other algorithms are basically using GPU miner. There are also exceptions. Scrypt's Leyte coin used to be mined by GPU miner, but later scrypt's algorithm was also conquered by ASIC chips, such as ant miner L3 +, which is the ASIC miner used to dig Leyte coin

ASIC miner refers to the miner that uses ASIC chip as the core of computing power. ASIC is the abbreviation of application specific integrated circuit, which is a kind of electronic circuit (chip) specially designed for a specific purpose. Some mining machinery factories have designed ASIC chips specially for computing the sha256 algorithm of bitcoin, and the mining machinery using them is ASIC mining machinery. Because ASIC chip is only built for specific computing, its efficiency can be much higher than that of CPU. For example, the current mainstream ant miner S9 is ASIC miner, which uses 189 ASIC chips, the computing power reaches 13.5th/s, and the power consumption is only 1350W. As a comparison, the computing power of gtx1080ti, the flagship computer graphics card, will not exceed 60mh / s even if it is optimized well. The difference is tens of thousands of times

GPU miner refers to the miner that uses GPU graphics card as the core of computing power. Cryptocurrencies such as Ethereum, bitcoin and diamond use graphics algorithms, so the speed of computing with graphics card will be the highest. Compared with ASIC miner, GPU miner is more well-known, because it is a computer with enhanced graphics card configuration

the purpose of GPU miner is to make money, so we should pursue the power consumption ratio and maximum profit, so we should pay attention to the cost performance. Generally, the medium and high-end positioning graphics cards, such as AMD rx560 and rx570, have high power consumption ratio, which is a good choice for GPU miner. While flagship cards such as gtx1080ti and AMD vega64 have the strongest single card performance, they are not cost-effective in terms of price and power consumption

in addition, the ASIC miner also has some exotic procts, such as the USB miner of burning cat, which is slightly larger than the U disk, and the power consumption is only 2.25w, which is the smallest bitcoin miner at present

< / blockquote >

the above quoted digcoin.com - "Introction to mining machinery classification" has many professional terms. I hope it can help you, thank you

6.

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

< H2 > extended data:

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

7. Blockchain: This is a decentralized distributed accounting method. Its working principle is: A and B initiate a transaction. A first initiates a request to create a new block, and the block will be broadcast to all users in the network. After all users verify and agree, the block will be added to the main chain, which has permanent and transparent transaction records, A global account, everyone can find

mining machine: it is a computer used to earn bitcoin. This kind of computer generally has professional mining chips, and works in the way of burning graphics card, which consumes a lot of power. It is one of the ways to get bitcoin that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server. In the early days of bitcoin, ordinary personal computers could also find bitcoin

Mining: this mining is not mining in the traditional sense. It refers to indivials or organizations using mining machines to obtain bitcoin<

Mining pool: after all, the ability of indivial mining is limited, so some people come up with the idea that everyone can work together to mine, which can not only improve the mining speed, but also save the mining time. The bitcoin g is allocated according to their respective contribution proportion. Generally speaking, it is a mining team with many people, great calculation power and great strength

computing power: 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 above is the basic knowledge of digital currency. Next, we will answer the questions about GEC currency. GEC uses cloud computing, so players don't have to buy mining machines to mine

1. How to fill in paypal and BTC wallets when registering

A: Please fill in none of the two, or 1. At the same time, please open the registration link in the browser

2, how to obtain the mining machine

A: users can get a mining machine free of charge if they register and pass the real name authentication. 2.1 GEC coins are proced in 2 months

3, how can we get GEC

A: after the running time of the mining machine is over, log in to my mining machine for settlement, and you can get GEC currency

4. How can GEC be realized through trading

A: in the personal trading center, you can sell GEC, which is matched by the platform. Due to the constant output, the price will continue to rise in the future. If you want to sell GEC, please think twice.

8. Bitcoin mining is to use the computing power of your mining equipment to calculate mathematical problems and confirm transactions. The system will give unequal bitcoin rewards according to the amount of computing power you contribute to the whole network. Bitcoin mining has gone through three stages. In the first stage, we use CPU to mine, because there are few people mining; The second stage, we use the graphics card mining, popular point is burning graphics card mining, players began to wake up; In the third stage, professional ASIC mining machines are used for mining. Starting from Avalon's mining machines and the introction of cat roasting mining machines into the market, the computing power in this stage is surging, and the mining difficulty is increasing. In the following period, new mining machine manufacturers continue to join the mining machine instry. However, with the increase of computing power and the progress of technology, Some mining machinery manufacturers began to go bankrupt or fade out of the market. Avalon has always been active in people's field of vision and constantly launched new chips. At present, Avalon has launched three generations of mining machinery chips, and the fourth generation will soon be launched.

9. According to the results of bitcoin mining income calculator on bitfan website:

income: 0.0009 BTC RMB & # 165; 3.09 US $0.50 (at present, the price of bitcoin is about 3600 US dollars, about 580 US dollars, and the mining difficulty is 18736441558)

the mining speed changes at any time according to the mining difficulty

this kind of Power Miner is only for those miners who want to experience mining. In addition to electricity and other costs, there is basically no profit. If you want to get more profit from mining, you have to buy more power miner

for example, the mainstream miner Avalon 290g single-mode miner in the market, you can choose to buy the T-class package.