Centralized mining
mining: that is, bitcoin mining, is a process of using computer hardware to calculate the location of bitcoin and obtain it
3, users use personal computer to download software, and then run specific algorithms. After communicating with remote server, they can get corresponding bitcoin, which is one of the ways to get bitcoin. Ordinary graphics cards don't need to try, and electricity charges are not enough. Master Lu has bitcoin test, which can see how long it takes for your computer to dig a bitcoin
It is similar to BTC, but the mode is different, except that they are all applied to blockchain technology
total income of miners = block reward + storage income + retrieval income; Block reward (incremental market): miner C will automatically get fil reward for every block packed, releasing more than 410000
&; Storage revenue (stock market): customer a has storage demand and offers x fils, while miner C provides storage resources and obtains x fils; Retrieval revenue (stock market): customer B has the need to retrieve (view) documents, bid y fils, miner C provides retrieval service, and obtains y fils
in the very early days, when the computing power of bitcoin was very low, the computer could also carry out a lot of calculations according to the algorithm to "mine" bitcoin
when users "mine" bitcoin, they need to search for 64 bit numbers by computer, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a group of numbers, they will get the bitcoin awarded by the block. However, e to the rising value of bitcoin, the number of users of bitcoin mining is very large. There are millions of professional mining machines mining at the same time, and the output of bitcoin is very limited every 10 minutes. As a result, tens of millions of people scramble for a block. Therefore, if you use personal computers to mine alone, you may not be able to grab a block in a whole year, People came up with a method of group mining, so the mining pool was born. There are a lot of users who play after mining
I hope you will adopt it.
South China Morning Post reported on December 27 that Li Ka Shing's Victoria Harbour investment took a stake in bitpay, which is also regarded as a way to "find another way" to dig gold from the virtual currency business
the report continued that a spokesman for bitpay said he was "deeply honored" to support investors including Victoria Harbour investment
nowadays, many international giants have accepted bitcoin payment, such as Microsoft, Dell and so on. In China, the payment function of bitcoin is not feasible, which is mostly a means of speculation. But there are also innovations. For example, Ruitai coin mainly promotes asset packaging, which is a kind of asset voucher, while Qianjin card mainly focuses on overseas luxury purchasing market.