How do individuals mine

1. As a blockchain researcher, many new people often ask this question. In fact, there are two main ways to obtain bitcoin. The first is to purchase bitcoin directly from the corresponding digital currency exchange; The second is to mine for bitcoin

first of all, mining is the main way to obtain bitcoin, but the current threshold of mining is relatively high. If you choose to mine by yourself, first you need to understand certain technology, then download the bitcoin client and mine by yourself according to the online bitcoin mining tutorial
however, in theory, bitcoin can still be mined with computers or graphics cards. However, e to the development of mining instry in recent years, the whole network computing power of bitcoin is extremely terrible (more than supercomputers), so if you want to mine with computers or graphics cards, you can't find bitcoin, If you want to dig bitcoin, you still need to buy mining machines. Now the better mainstream mining machines in the market have to be tens of thousands. Of course, there are cheap second-hand mining machines, but these second-hand mining machines are all obsolete ones, and the electricity cost of mining is relatively high

in addition to the second way of direct purchase, the digital currency exchange is a special place for bitcoin trading. If you want to own a bitcoin, you can buy it directly with money. However, it should be noted that there are many digital currency exchanges in the market at present. Many small exchanges are specialized in cutting users and eating customer losses for a living. Therefore, when choosing an exchange, it is better to focus on the head exchange. For example, Hufu exchange, one of the leading exchanges in China, has been in use for nearly two years and is still very stable and safe.

2. Because indivial mining is difficult to meet the demand, the global computing power is increasing, and it is difficult for a single device or a small amount of computing power to dig bitcoin again. It is also a combination of a large number of mining machines to form a mine pool. The computing power of the mine pool is very powerful, and it can also ensure that virtual currency can be g more quickly. So how can the mine pool dig? Let's have a look
how to mine a mine pool
the location of a mine pool is also very particular. It's not that a mine pool can be built anywhere, but it needs early-stage capital investment. A mine pool is to combine a single mining machine together. Because of the collection of many miners' computing power, the computing power of the mine pool accounts for a large proportion, and the probability of digging bitcoin is higher. The mine pool will distribute rewards according to the contribution value of each equipment
there are many mines all over the world, and the scale of each mine varies from big to small. Generally, small mines no longer have great advantages. Large mines have many miners for mining. For each miner, he can join any mine or join multiple mines at the same time, The first task of the mine pool is to distribute the income to the miners
(1) PPLNs method
this method gathers the shares g by all miners together. Whenever a certain amount of shares is accumulated (generally 30 million shares), the mine pool will allocate the profits of the previous stage to the miners according to the proportion of contribution
in this way, the income of miners depends entirely on the time needed to dig 30 million shares in the mine pool. If you are lucky, you can dig them in a short time, then the income of miners will be more, otherwise it will be less. In return, the pool charges a 3% tax
(2) PPS mode
for users, the income of this mode is relatively stable
the profit mainly depends on the miner's mining speed. As long as the mining speed is stable, the corresponding profit can be obtained, and the profit is real-time, that is, the mine pool will pay the profit for the miner while the miner is running
obviously, every time a block is calculated, the mine pool has paid for all the miners. If the block fails in the subsequent confirmation link, all the losses will be paid by the pool operator. Therefore, this method reces the risk of the miners, but transfers the risk to the pool operator
therefore, usually the ore pool can charge a handling fee to make up for the possible losses caused by these risks. In this mode, the tax of the ore pool is 7.5%
the above is about how to mine. The difficulty of mining has greatly increased, but the mining army is expanding. If the basic equipment does not meet the standard, it will be difficult to gain in the mining instry, because the value of the virtual currency may not be equal to the price of an equipment, and many miners are not just digging bitcoin, Instead, we choose other virtual currencies to mine.

3. Just download a gpu360 miner
common computer mining methods:
1. Download and install gpu360 miner
2. The software will be set to boot, it is recommended to boot. Because it has a very human function, when you don't use the computer, it will automatically mine, when you use it, it will stop instantly, it will not affect the normal work and use
3. After the software is started, change it to your own mobile phone number. After the software starts, there are three setting options:
4. The first time you start mining, you will test the equipment, and it will test your best mining scheme. It usually takes about ten minutes
5. After testing, it will automatically enter the mining state
6. Click stop and close to minimize to the tray, so that when you don't use the computer, it will automatically open to make money
right click the icon to shut down the software completely
7. Bitcoin earned can be exchanged directly in online stores.

4.

You can't dig in a day. It takes 2000 years

the global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin

in order to make the graphics card fully loaded for a long time, the power consumption will be quite high, and the electricity bill will be higher and higher. Many professional mines at home and abroad are operated in areas with extremely low electricity charges, such as hydropower stations, while more users can only mine at home or in ordinary mines, so the electricity charges are not cheap. Even in a certain residential area in Yunnan, there was a case of crazy mining, which led to a large area trip of the residential area, and the transformer was burned

extended data:

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

bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer

when bitcoin was born in 2009, block rewards were 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25

when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. 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 about 21 million

5.

Just download a gpu360 miner

general computer mining method:

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1. Download and install gpu360 miner

7. No, we need a mining license.

8. At present, the global unified computing difficulty of bitcoin is 2621404453 (it is expected to change in two days). It will take more than 2000 years to work out a bitcoin and a 2.5GHz CPU, which is ridiculous. Home computer can dig out a bitcoin in three months, I don't know what age it is

9. Don't dig. It's a mine disaster. Don't you know it? You want to join the national army in 1950? Even if you are equipped with the most powerful graphics card, half a year may not be able to dig a coin, and then calculate the electricity.. anaemia

10. 1 Data to be submitted: 1; 2. The reviewed reserves report and development plan of the mining area; 3. Application form for indivial mining registration (opinions shall be signed in the opinion column and stamped with corresponding official seal); 4. Environmental impact assessment report of construction project; 5. A of the application for mining registration and the ID card of the mining right applicant; 6. According to the paid way, through bidding, auction and listing, obtain the relevant information of the mining qualification of the application area according to law; 7. Taihe County non coal mine safety pre evaluation review opinion; 8. Other materials submitted as required 2 Processing proceres and time limit proceres: submit the application → the preliminary examination by the land and resources department meets the conditions for setting up the mining area → determine the grantee of the mining right through bidding, auction and listing → the grantee submits the mining registration data and signs the mining right transfer contract → the grantee pays the relevant fees → issue the mining license time limit: the grantee who obtains the mining right through bidding, auction and listing, Within 30 days, the application materials shall be submitted to the land and resources department, the mining right transfer contract shall be signed, and the relevant fees shall be paid. The land and resources department shall handle the registration proceres and issue the mining license within 20 days.