What exactly is mining for
mining: that is, bitcoin mining, is a process of using computer hardware to calculate the location of bitcoin and obtain it
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
Bitcoin mining is a process that uses computer hardware to calculate the location of bitcoin and obtain it
mining is an incentive process to record data in the bitcoin system. In the bitcoin system, indivial users have the right to pack blocks after calculating a specific hash value by using CPU or GPU to hash
and in order to reward this user for packing blocks, the system will give a certain amount of bitcoin as reward. Because this process is very similar to "mining" in real life, most people call this process mining. In addition to bitcoin, other electronic virtual currencies can also be obtained through mining rewards, such as Ethereum, Monroe and so on
extended data:
mining risk:
1, currency security
the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin
2, 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
and don't dig for the last time
sell the hoe that only once to the store
use mine
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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
the scope of mining employment is relatively narrow, but the development space is quite large. You can get 3000 to 5000 yuan just after graation, and at least 1W after one or two years. Of course, it depends on your own situation. There are also those who will not mix for a lifetime. Being a proction manager or chief engineer can earn millions of yuan a year. If you don't like the coal instry, you don't like to go down the well, It's better not to report, because the first line of the mine is the excavation team after graation.
there must be danger. I heard that there were only two people left in a class of 30 at the graation party of mining one year, which was an accident. One of my teachers said that one of his classmates didn't come up again after he went down. There must be danger, but the income must be huge. Choose for yourself