Servers and excavators
bitcoin is a kind of network virtual currency proced by open source P2P software. It doesn't rely on the issuance of specific currency institutions, and is generated by a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized characteristics and algorithms of P2P can ensure that it is impossible to artificially control the value of money by manufacturing a large number of bitcoins. In this way, simply speaking, any computer can become a mining machine. At present, many companies have developed professional bitcoin mining machines. Users can download software from the mining machine, then run specific algorithms, and get the corresponding bitcoin after communicating with remote servers
in the early client, there was also the option of mining, but now it has been cancelled. The reason is very simple. With the increasing number of people participating in mining, it may take several years for them to dig for 50 coins. Therefore, miners generally organize into miners' guild and dig together.
of course
but choose the currency that can be mined by CPU
1. CPU mining itself is less, and the more famous ones are XmR, HSR, etc.
2. The cost of renting server should be taken into account
mining is basically impossible, he used
Absolutely
The bitcoin mining machine downloads the mining software and then runs a specific algorithm to get the corresponding bitcoin after communicating with the remote server, so as to obtain the bitcoin
any computer can become a mining machine, but the benefit will be relatively low, and it may not be able to dig a bitcoin in ten years. Many companies have developed professional bitcoin mining machines, which are equipped with special mining chips, and their computing speed is tens or hundreds of times higher than that of ordinary computers
bitcoin miners can neither increase their rewards by cheating, nor deal with the fraulent transactions that destroy the bitcoin network, because all bitcoin nodes will reject the blocks containing invalid data that violate the bitcoin protocol rules. Therefore, even if not all bitcoin miners can be trusted, the bitcoin network is still secure
extended data:
mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network
this process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary
anyone can run software on specialized hardware and become a bitcoin miner. Mining software monitors transaction broadcast through P2P network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners can earn transaction fees paid by users to speed up transaction processing and additional bitcoin issued according to fixed formula