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What is mining and how to make money

Publish: 2021-04-04 18:37:46
1.

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 day

3. 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



2.

Mining hang up is true, but the market hang up the good and bad, do not hang up

3.

Mining is to confirm the transactions in the bitcoin system over a period of time and record the process of forming new blocks on the blockchain. The miners are called miners

Can mining make money? People around me who have been in contact with blockchain have asked me this question. The answer must be yes, otherwise mining will not be the foundation of blockchain development, and countless people will be miners

How to dig? Xiao users said they were at a loss. You can use ha Yu miner to mine and experience mining resistance by yourself. You can download software and mine with one click, without any learning cost

4.

Make money by hanging up. However, mining games have risks, sooner or later problems

5. Buy some hoes first (preferably 200000) and the mine will be collected by someone (don't sell the mine to the store). You'd better dig in the area with the most people
and don't dig for the last time
sell the hoe that only once to the store
use mine
6. It's easy to say
if you make money by blockchain, you can only speculate in money. You can open a trading account on the okex platform, but how to make money depends on the timing of your purchase.
7. It's about bitcoin and lettercoin, right

let's put it this way, there are two types of people who can make money. The first category is people who use mining machines, which are dedicated mining hardware. The second type is not professional mining, but it uses public electricity charges

the investment of mining machine is high, which is similar to investment. Public electricity, 2K graphics card is about 500-700 a month

in addition, a card is needed to dig bitcoin, while n card is not worth electricity. Now it seems that you can use n card to dig Wright coin
8. The excavated iron ore, silver, and so on can be made into iron ingots, silver ingots, etc.
Engineering and forging people will buy them for materials, and other gems can also be sold to the corresponding professional players
9. Simply put, bitcoin is a series of irregular numbers, a kind of digital currency. The professional point is that bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system.
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