Is node mining true
Online mining is real, that is, traffic mining
Bitmine is real
bitcoin is proced by mining. Every 10 minutes, the miners of the whole network work out an arithmetic problem together. Whoever works out the answer first is equivalent to digging into this block, and the miner can get the bitcoin reward of system rebirth
after bitcoin is g in the mine, the income is distributed according to the proportion of the mine's computing power, so as to ensure a more stable input-output
every other time point, bitcoin system will generate a random code on the system node. All computers in the Internet can search for this code. Whoever finds this code will generate a block and then get a bitcoin. This process is often called mining. Computing this random code requires a lot of GPU operations, so the miners purchase a large number of graphics cards to get bitcoin profits more quickly, which is also an important reason for the recent shortage of graphics cards
mobile mining is a fraud
precautions:
1. The application platform is also the same in the propaganda, which guarantees that it will not engage in capital market, will not run away, and will receive money officially, which will be stable forever, so that everyone can rest assured of "mining" with mobile phone
2. In terms of the current computing power of mobile phones, a single mobile phone may not be able to find a valuable cryptocurrency for a long time, and as a result, it can only consume electricity for nothing
and the principle of bitcoin mining is POW algorithm, which is workload proof algorithm. In short, it's a proof that you've done a certain amount of work