Principle of mining graphics card

mining, in fact, is a problem-solving process. First, we work out a formula with many answers, and then the dealer releases a random answer every other period of time. An answer is the prototype of a virtual coin. We can see who can calculate the answer at this time, and then this person or these people can divide the virtual coin. When the result comes out, we can find the answer, virtual currency is attached with information such as the computer information and problem-solving time of the tester, so that the virtual currency can be "materialized", that is, it has traceability and uniqueness attributes. At this time, the virtual currency is officially g out

using the graphics card is because the computing method of the graphics card is different from that of the CPU. The CPU focuses on logic computing. The graphics card is simple computing, and mining (that is, solving problems) just needs simple computing power. Therefore, mining with the graphics card

bitcoin miner is the equipment for mining bitcoin. The mining equipment can be ordinary computer or USB miner, It can also be a professional ASIC miner

ASIC mining machine

and join the bitcoin miners organization to dig bitcoin, that is, to join a mining pool for mining

1. CPU is mainly optimized for serial instructions, while GPU is optimized for large-scale parallel computing

3. GPU often has a larger bandwidth of memory, that is, the so-called video memory, so it will also have good performance in high throughput applications

Generally, there are professional graphics cards to mine, and the mine is actually bitcoin. Users download the mining software from the computer and then run a specific algorithm. After communicating with the remote server, they can get the corresponding bitcoin. Most of them work by burning the graphics card, so the power consumption is large

the graphics cards and mine cards are usually ATI chips. The bitcoin market is not good, so the miners take out their mining cards and sell them as second-hand

what is mining

to put it simply, mining is to use the chip to perform a calculation related to the random number, and get the answer in exchange for a virtual coin. Virtual currency can be exchanged for the currency of each country through some way. The stronger the computing power, the faster the chip can find this random answer. Theoretically, the more virtual coins can be proced per unit time. Because it's about random numbers, you can only get rewards if you happen to find the answer. It's possible that one chip will find the answer in the next second, or ten chips won't find the answer in a week. The more chips compute at the same time, the easier it is to find the answer, and the mining machine with built-in multi chips appears. And a number of mining machines to form a "mine" at the same time mining is to improve efficiency. In the mine pool, multiple "self-employed" join an organization to mine together. No matter who finds the answer and digs out the virtual coin, everyone gets the corresponding reward according to the calculation ability of contribution. This way can make the income of "self-employed" more stable

relationship between mining and graphics card

the stronger the computing power of ant miner, the easier it is to dig out virtual coins. Accordingly, when the more virtual coins are g out, the difficulty of mining will be increased accordingly, so as to control the yield of virtual coins. The virtual currency is not unlimited. The total number of bitcoin is 84 million

Mining, in fact, is to use graphics card to dig bitcoin

bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. 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

bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items

In short, mining is the use of chips for a random number related calculation, get the answer in exchange for a virtual currency. Virtual currency can be exchanged for the currency of each country through some way. The stronger the computing power, the faster the chip can find this random answer. Theoretically, the more virtual coins can be proced per unit time. Because it's about random numbers, you can only get rewards if you happen to find the answer

"in the absence of central authority, it not only encourages miners to support bitcoin network, but also enables bitcoin's currency circulation system to have the initial source of money injection."

Nakamoto compares the generation of bitcoin by consuming CPU power and time to the consumption of resources by gold mines to inject gold into the economy. Bitcoin mining and node software mainly initiates zero knowledge proof and verification transactions through peer-to-peer network, digital signature and interactive proof system

each network node concts broadcast transactions to the network. After these broadcast transactions are verified by miners (computers on the network), miners can use their own work proof results to express their confirmation. The confirmed transactions will be packaged into data blocks, and the data blocks will form a continuous data block chain

Nakamoto himself designed the first version of bitcoin mining program, which was later developed into the first generation of widely used mining software bitcoin, which was popular from 2009 to mid-2010

each bitcoin node will collect all the unconfirmed transactions and gather them into a data block. The miner node will add a random adjustment number and calculate the SHA-256 hash value of the previous data block. The mining node tries again and again until it finds the random adjustment number so that the hash value is lower than a specific target

extended data

at the earliest, bitcoin miners were mining through Intel or AMD CPU procts. But because mining is a computing intensive application, and with the continuous improvement of mining number and equipment performance, the difficulty graally increases, now using CPU mining has no profit or even loss

as of 2012, since the first quarter of 2013, miners graally began to use GPU or FPGA and other mining equipment [5]. At the same time, a large number of ASIC devices were launched in mid 2013

since July 2013, the computing power of the whole network has shown a straight-line rise e to the large number of ASIC equipment put into operation. Based on the average computing power in July 2013, all CPU mining equipment has been unable to generate positive revenue, and FPGA equipment is close to no revenue

according to the estimation of average computing power in September 2013, the existing small ASIC mining equipment developed for indivials will also be close to no positive revenue in the next 1-2 months. A large amount of computing power is monopolized by cluster ASIC mining equipment with 5 th ash / s or more. Because of no profit, indivial mining is almost squeezed out of mining groups. Some bitcoin miners have raised funds to build machine rooms and install a large number of mining equipment in places where low-cost electricity can be obtained

in order to save the cost of mining, some bitcoin miners make mining programs into malicious programs to infect other people's computers on the network to mine for themselves

It depends on the computing power of GPU and CPU instead of the computing speed. Although there is no big difference, because the computing principle of graphics card is different from CPU, and mining needs distributed computing. In this kind of computing, graphics card GPU is better than CPU