Why can mining make money
During the period of western development in the United States, gold panning has become a hot instry, and countless people with American dream go to the west to panning for gold, which means that they have made a lot of money, but in the end, those who panned for gold didn't make a lot of money, and those who sold jeans made a lot of money
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 day3. 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
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
Make money by hanging up. However, mining games have risks, sooner or later problems
and don't dig for the last time
sell the hoe that only once to the store
use mine
in the initial stage, the mining output of blockchain is large, but the risk of value failure is also great after it is g out. In the later stage, the value is basically fixed, but the difficulty of mining in the later stage increases, which is a very reasonable system design. In order to have a bright future, a lot of people are crazy about mining, and the coin circle is also growing under the stimulation of this mode. Now, even the cost of mining has gone up a lot. On the one hand, there are too many blockchain procts developed, and the blockchain procts are mixed; On the other hand, with its reasonable mode, blockchain has been growing and growing. The idea of CO Association, sharing and co governance advocated by blockchain has graally become a pioneer in modern society
with the rapid development of proctivity, 5g, artificial intelligence, robotics and other scientific and technological applications have greatly improved the proctivity of human society. Procts have gone from shortage to surplus. The relationship between people and consumption patterns are facing huge social changes. The proction relations dominated by the concept of shared governance and interconnection of blockchain can adapt to the development of this proctivity, It will become the mainstream of the society in the future
fortunately, the whole society is now vigorously advocating the implementation and application of blockchain. It can be predicted that in the near future, the application of blockchain will blossom everywhere, and the mining mode of blockchain will become a new fashion.
if the cost of mining (generally equipment investment and electricity) is less than the price of bitcoin, then you can make money. However, regardless of the equipment investment in the early stage, if the electricity is cheap, you can definitely make money. Now bitcoin is tens of thousands of dollars. So it's really profitable. It's just that the one-time equipment cost in the early stage is really large.