2020 personal mining

1.

bitcoin is a kind of network virtual currency. 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. Assuming that the mining computing power is 100 mhash / s and the total computing power is 4000 ghash / s per day, 3600 bitcoins can be g out every 24 hours

China's computing power has accounted for more than 75% of the world, that is to say, 75% of bitcoin in the world is made in China. How long does it take to dig a bitcoin

bitcoin used to be very good at "digging", which can be done by ordinary computer CPU, and it can automatically "solve problems" by downloading software. But with the rise of currency price, more and more people want to "solve the problem", and the difficulty of mining is also increasing. Now, the amount of computation needed to dig a bitcoin is beyond the reach of ordinary people. Ordinary computers can't afford it

instry insiders said that in 2014, 100 bitcoins were generated from 500000 yuan of electricity charge per day, and the cost of electricity charge alone was 5000 yuan per coin. But now, the same cost has more than doubled, and the electricity cost of each bitcoin is as high as 10000 yuan

in the generation mechanism of bitcoin, mining reward is decreasing. At the beginning of the birth of bitcoin, the miners could get 50 bitcoins for each page of the ledger, and then 25 bitcoins for each page of the ledger, decreasing in turn. It's like digging gold. At first, it's more and less. The time point at which each new reward is reced by half is called half bitcoin proction

assuming that the mining computing power is 100 mhash / s, the total computing power is 4000 ghash / s per day in 2014, and 3600 bitcoins are g out every 24 hours

now, we can understand the difficulty of bitcoin digging in this way, which is equivalent to 100 million dice throwing numbers less than 100 million and 50 million. Whoever throws them first will get the bookkeeping right. At this point, 1050 million is a hash value. The process of throwing dice is called hash collision. The unit of mining power is the number of hash collisions per second

at present, the computing power of bitcoin in the whole network has reached 2.36 billion hash collisions per second, which is equivalent to the number of water droplets in more than 200000 50 meter long standard swimming pools. But even with such a large amount of computing power, it will take about 10 minutes to hit a hash value that meets the requirements

in 2012, bitcoin's output was halved for the first time, and in July 2016, bitcoin's output was halved for the second time. At present, 12.5 bitcoins are awarded for recording one page of account book. The next halving will take place around 2020, and the total number of bitcoins will not increase by 2040, with a total of 21 million

Related videos: how long does it take to dig a bitcoin

2. BTD is the most popular

3.

Bitcoin is mined in units called "blocks.". At the time of writing, the reward for completing a block is 12.5 bitcoin. In February 2019, the price of bitcoin is about $3500 per bitcoin, which means you will get (12.5 x 3500) = $42000 Refer to bitcoin mining)

as the channel is widely covered, negative interest rates will be passed to consumers through savings accounts that generate negative returns, which will force consumers to find alternatives such as bitcoin

4.
top ten Ethereum mining software in 2020

in terms of market value, Ethereum is the second largest cryptocurrency, second only to bitcoin. Ethereum's popularity among the holders has increased rapidly because it can build the whole decentralized ecosystem and applications on top of its blockchain. As Ethereum is friendly to GPU mining, Ethereum is a good choice for PC users (especially those with AMD high-end graphics cards). However, 24ker should also warn readers that at this time point, Ethereum's price is $241, which means that even if you use radon VII (90mh / s), your weekly profit is less than $7, The annual profit is about $339. However, considering the potential value-added space of Ethereum, if the price can return to the healthy range of $500-600, it means that your radon will be back in one year

if you already have Ethereum mining hardware and an effective wallet, all you have to do is to find the best eth mining software, which will help you manage the mining work effectively

in this article, we will introce the features, advantages and compatible operating systems. But before we get there... Let's talk about the basics

why Ethereum

unlike traditional currencies, Ethernet operates on the public ledger system, which makes mining itself the core power of Ethereum network. When miners receive the transaction data sent by other members of the network, they assemble them into a structure called Merkle tree, and then try to find an acceptable hash value

only one hash will be returned for each dataset, and the hash value cannot be used to dece the original data. Its purpose is to effectively ensure that the block information is not tampered with. Moreover, if someone changes even one number in any long transaction string, the output hash value will be completely different, and false transaction or fraud will be eliminated

as you can see, if there is no Ethereum mining, Ethereum network will be paralyzed immediately. Therefore, participating in Ethereum mining is not only the mining revenue, but also the support for the operation and growth of Ethereum

what is mining software< In short, mining software is a program that uses a computer graphics card (GPU) as a resource to solve complex mathematical equations. Once the equation is solved, the data is added to the rest of the blockchain

the mining software will monitor the input and output of the hardware, and display statistical data to you, such as miner speed, fan speed, temperature and hash rate

the Ethereum mining software described in this article can be connected to many available Ethereum mining pools

Ethereum mine pool

Ethereum mine pool is a resource area that is equally distributed and shared among miners. Nowadays, it has become too difficult for a person to dig a mine, so it is necessary to use the way of mining pool to fight in groups

today, Ethereum is one of the most famous choice of Ethereum mines. The pool allows its users to remain anonymous and pay only a small 1% mining fee<

top ten Ethereum mining software:

1-ethminer (Ethereum Royal)

it can be seen from the name that ethminer is specially designed for mining Ethereum, and currently supports Linux, MAC and windows. Make sure to download the version corresponding to the device's operating system

in addition to Ethereum, you can also use ethminer to mine all tokens according to ethash algorithm, including expand, elaism, metaverse, musicoin, Pirl, Ethereum classic, etc< Ethminer is a command line software. This means that you can start it from the Linux console or the windows command prompt, or you can use the windows CMD / batch file or the Linux bash script to create a shortcut to the preset command line<

(2-cgminer)

this program was released in 2011. Because it is compatible with three different mining hardware (ASIC, FPGA and GPU), it is still one of the most popular mining software options. CG miner is an open source Ethereum miner written in C language, and provides support and binary files for openwrt router, RPI, etc

the advantages of cgminer include the ability to match your hash rate with zero latency extension, remote interface function and advanced detection of new blocks. The software can be used for Mac, Linux and windows

3 - Claymore (maximum efficiency)

if you are looking for the most efficient Ethereum mining software, please consider using Claymore's al Ethereum mining machine, which can speed up to any hash rate without sacrificing the mining speed

Claymore recently released v12.0 upgrade, which reces the equipment cost of al mining mode from 2% to 1%. The upgrade also offers 3gb and 2GB cards with zero development costs. However, Claymore al miner can't run on Mac. At present, it can only run on Linux and windows. But it supports both NVIDIA and AMD cards

other coins you can mine with this program include siacoin, lbry, decred and Pascal< If you are not familiar with cryptocurrency mining and are looking for the simplest Ethereum mining software, please check wineth

the software is based on the ethminer that we have just evaluated, but wineth provides users with a more simple and easy to understand GUI, combined with "intelligent" algorithm, which will provide the configuration that can ensure the best performance on the new user's hardware

as can be seen from the name, wineth is only compatible with windows devices, and you can find it in the windows 10 app store.

5. 1. Control
generally speaking, bitcoin and cryptocurrency tokens provide you with more control. You effectively cut the middleman between you and your money. No bank can decide how long a transaction will take and how much it will cost. You can also control where funds are stored and how they are accessed. Of course, control brings corresponding responsibilities
2. Affordability
since the middleman is not in the picture, you can save some transfer fees. Moving bitcoin from one wallet to another costs a negligible amount of money. It is cheaper for businesses to accept bitcoin payment than credit card payment
3. Speed
in addition to saving international transfer fees, you can also enjoy higher transaction speed. What does it take your bank a few days to do? Bitcoin can do it in a few minutes
4. Convenient
with bitcoin, online payment is easier and faster. If you want to donate or pay for something that will not be delivered, you do not need to disclose any personal details. Just send bitcoin to their wallet address
5. Security
it is safer for businesses to accept bitcoin than fiat money. When businesses accept credit card payments, they risk fraud and reverse payments. Bitcoin payment is irreversible, so there is no risk of reversal
6. Privacy
one of the main advantages of using bitcoin is that it provides privacy and relative anonymity. You don't need to provide any personal details to access the bitcoin wallet. All you need is a device to store it - even a piece of paper. Bitcoin transactions are only linked to your wallet address
7. Reliability
bitcoin network is essentially a point-to-point payment system. This allows you and you to remit money to anyone who participates in the party. You don't have to rely on the bank to do the work to make the transaction effective. In Ethernet, the risk of payment loss is small, which eventually makes it a more reliable way of payment
8. Investing in
bitcoin wasn't worth a lot of money ten years ago. Let's see where it has been since 2009. From a few dollars in December 2017 to nearly $20000. At the time of writing, it is now stable at around $6000. As more and more people adopt bitcoin, bitcoin will not be everywhere. Investing in it may be risky, but it's absolutely profitable.

6. What kind of currency is this? No relevant information can be found on the Internet. It should be a counterfeit coin, more likely a MLM coin. More than 80% of the coins born after 2016 are for money collection. It is recommended to touch these coins less. Let's pay more attention to bitcoin, Ruitai coin, Laite coin and other mainstream digital currencies.

7. Mineral processing is a hard work environment (remote mining area), but compared with mining, it is still much better work. The coal preparation plant will be a little worse, with a large amount of coal ash. Metal mines are very clean, and now large mines are automated management. Associated with mineral processing, the one that can be tested for postgraate entrance examination is mining. In the future, the development direction is mine manager, who knows both mineral processing and mining, and is a comprehensive compound talent. It's what the mine needs.

8. Overseas mining licenses are much easier to handle than domestic ones. No matter the relationship between the military and the government is settled, relevant proceres can be handled through coordination. The premise is that you should do a good job in the preliminary census. To find their own trust professionals to provide you with technical guidance and services, do not listen to the wind is rain. Although it's easy to do overseas, there are many pits and deep water. Many people don't spend money on real Buddhas.

9. The current situation is still relatively small, not because the number of master's and doctor's degree has exceeded the standard. In fact, in recent years, the state has been shrinking the enrollment of master's degree and doctor's degree, rather than expanding the enrollment. The so-called expansion of enrollment is not the genuine traditional graate students, but some professional master's degree

however, the current employment situation is very interesting. It is very difficult for master's and doctor's to take corresponding scientific research posts. The reason is also very simple. These posts are occupied by some non master's and doctor's in advance.