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A currency that can be mined by computer

Publish: 2021-04-17 08:32:40
1. To understand the problem of home computer mining, we must first explain the mining clearly. As like as two peas came out, they shared a identical record book, so they need a person with a right word to decide the record. Who will record it? Through a topic to decide whose computer is right first, then it has the right to record all the data of this block. This is the popular explanation of mining. And reward the bookkeeper to get an extra sum of money, which is the reward for mining. Reward the person who has contributed enough computing power to solve the problem, which is also the reason why we go mining. Money is money, in order to make money. In the beginning, bitcoin mining was just about CPU. Then, for more money, technicians developed faster and faster accounting methods for graphics cards, FPGA and ASIC chips. Please note here that bitcoin is only the bookkeeping method. Bitcoin is the sha256 algorithm, which is only applicable to this kind of algorithm and can only be used for mining. Later, more algorithms appeared, such as ethash, kawpow, cryptonight, zhash, x16r, randomx, etc. Pay attention to the concepts, algorithms (the above pile) and devices (CPU, graphics card, FPGA, ASIC). They complement each other. A currency may have multiple algorithms or a single algorithm for accounting. The same device can also run different algorithms to get different rewards. The only difference is the efficiency of accounting and the speed of making money. So bitcoin can be g with CPU, graphics card, FPGA and ASIC, but ASIC has the highest efficiency and cost performance. Let's go back to the topic, what can a home computer dig? Home computer = CPU + graphics card. The more suitable CPU is the monero under the randomx algorithm. For graphics card, it is suitable for the automatic selection of nicecash. Now I should talk about the specific mining tutorial to complete the answer, but I recommend a simpler and more convenient method, even without knowing all of the above.
2. 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.
3.

Some new virtual digital coins can be mined by computer, such as eth, Zec, Monroe, XRB, etc

because the whole network computing power required by this kind of token is not high, the probability of hash collision of the computing power of personal computer can find out the answer in a short time, so as to obtain the block reward. However, this kind of token generally has little value, or has no high risk, so it doesn't mean much

extended data:

mining risk:

1. Electricity charge:

to make the graphics card full load for a long time, the power consumption will be quite high, and the electricity charge 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

2. Hardware expenditure:

mining is actually a competition of performance and equipment. Some mining machines are composed of more such graphics card arrays. With dozens or even hundreds of graphics cards, the cost of hardware and other costs is very high, and mining has a considerable expenditure

in addition to the display card burning machines, some ASIC (application specific integrated circuit) professional mining machines are also put into the battlefield. ASIC is specially designed for hash operation, and the computing power is quite strong. Moreover, because their power consumption is far lower than that of the display card, they are easier to form scale, and the power cost is also lower. It is difficult for single chip display to compete with these mining machines, This kind of machine costs more

3. Currency security:

the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but the frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin

4. System risk:

system risk is very common in bitcoin, and the most common one is bifurcation. Bifurcation will lead to a drop in currency price and a sharp drop in mining income

however, many cases show that the forking will benefit the miners, and the forked competitive currency also needs the miners' computing power to complete the minting and trading process. In order to win more miners, the competitive currency will provide more block rewards and handling charges to attract miners. Risk makes miners

4. Of course, you can invest. RCO is the simplest digital currency that can be mined,
just like bitcoin ten years ago, you can mine with ordinary computer, which is awesome
the money you have g up can also be traded in the exchange or cashed out quickly, which is absolutely refreshing.
5. Now it's more difficult to dig bitcoin. The computing power of your home computer is too low (don't look at it), and your income is not enough for electricity bills. Give up
if your computer configuration is very high, dig Eth and so on, which can cost several hundred yuan a month. Mining machinery is not a home computer.
6. The answer upstairs is wrong. Although bitcoin can also be g by computer, its efficiency is very low, and it is not enough for the cost of electricity and computer. I g Ethereum, which can be g by computer. According to the current situation, it should be no problem in the last year.
7. Forget it, the mining cost is very high. First of all, it requires configuration. In addition, it costs a special graphics card. It also costs electricity. The code reading operation runs with computers all over the world. First, it calculates the probability problem, and then + cost + time. Mining is not recommended. Now
it used to be better, but now bitcoin is no longer what you want to dig.
many people have begun to sell mining machines
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