Ethernet mining token
Hardware
algorithm is difficult to solve in memory. In order to make DAG suitable for memory, each GPU needs 1-2gb of memory. If you get an error prompt: error GPU mining. GPU memory fragmentation? It means you don't have enough memory. GPU mining software is based on OpenCL, amd GPU will be faster than NVIDIA GPU of the same level. ASIC and FPGA are relatively inefficient, so they are blocked. To get OpenCL for chip integration platform, try:
amd SDK OpenCL
NVIDIA CUDA OpenCL
Ubuntu Linux settings
for this quick guide, you will need Ubuntu 14.04 or 15.04 and fglrx image driver. You can also use NVIDIA drives and other platforms, but you have to find your own way to get an effective OpenCL installation, such as genoil's ethminer fork
if you are using 15.04, go to & quot; Software and updates 〉 extra drives & quot; Set to & quot; Use the video driver & quot; from fglrx for AMD graphics accelerator
if you are using 14.04, go to & quot; Software and updates 〉 extra drives & quot; Set to & quot; Use the video driver & quot; from fglrx for AMD graphics accelerator;. Unfortunately, for some people, this method may not work, because there is a known program error in Ubuntu 14.04.02 that will prevent you from switching to the exclusive graphics drive necessary for GPU mining
therefore, if you encounter this program error, go to & quot; "Software and update" update & quot; Select & quot; Pre release reliable update proposal & quot;. Then, back to & quot; Software and updates 〉 extra drives & quot; Set to & quot; Use the video driver & quot; from fglrx for AMD graphics accelerator;. After restarting, it's worth checking that the drive is now properly installed (for example, by going to & quot; Additional drives & quot;)
no matter what you do, if you are using 14.04.02, once installed, do not change the drive or drive configuration. For example, the use of aticonfig – initial (especially the - F, - force option) will & quot; Destruction & quot; Your settings. If you accidentally change the configuration, you will need to uninstall the drive, restart, install the drive again and restart.
Ethereum is an open source public blockchain platform with smart contract function. It provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency ether (also known as "Ethereum")
The token on theblockchain is called ether, and the code is eth. It can be traded in many foreign exchange markets of cryptocurrency, and it is also the medium used to pay transaction fees and computing services on Ethereum
the concept of Ethereum was first proposed by vitalik buterin, a programmer, from 2013 to 2014, inspired by bitcoin, with the general meaning of "next generation cryptocurrency and decentralized application platform", and began to develop through ICO crowdfunding in 2014. As of February 2018, Ethernet is the second highest cryptocurrency in market value, second only to bitcoin
extended data:
Ethereum platform has no characteristics and value. Like programming languages, it's up to entrepreneurs and developers to decide what to use. However, it is clear that some application types benefit more from the functions of Ethereum than others. Ethereum is especially suitable for those applications that automatically interact directly between points or promote group coordination activities across networks
for example, coordinate the application of point-to-point market, or the automation of complex financial contracts. Bitcoin enables indivials to exchange money without the help of financial institutions, banks or governments. The impact of Ethereum may be more profound
in theory, any complex financial activities or transactions can be automatically and reliably carried out on Ethereum with coding. In addition to financial applications, any application scenario with high requirements for trust, security and persistence, such as asset registration, voting, management and Internet of things, will be affected by Ethereum platform on a large scale
many new users believe that the sole purpose of mining is to generate ether in a way that does not require a central issuer (see our guide "what is ether?"). It's true. The token of Ethereum is proced in the process of mining, with a mining rate of 5 Ethereum coins per piece. But mining is at least as important. Usually, banks are responsible for keeping accurate records of transactions. They make sure that money is not created out of thin air and that users don't cheat and spend money many times. However, blockchain introces a new way to keep records, the whole network instead of intermediary, to verify transactions and add them to the public ledger
Ethereum mining
although "no trust" or "trust minimization" monetary system is the goal, there are still people who need to ensure the security of financial records and ensure that no one cheats. Mining is one of the innovations that makes decentralized records possible. Miners have reached a consensus on the history of transactions in terms of preventing fraud (especially double spending on ether) - an interesting issue that hasn't been addressed before the decentralized currency works on the blockchain. While Ethereum is looking at other ways to reach a consensus on the effectiveness of the deal, mining currently keeps the platform together
how mining works
today, the mining process of Ethereum is almost the same as that of bitcoin. For each transaction, the miner can use the computer to guess the answer repeatedly and quickly until one of them wins. More specifically, the miner will run the unique header metadata (including time stamp and software version) of the block through the hash function (which will return a fixed length, unordered string of numbers and letters, which appears to be random), changing only the 'nonce value', which will affect the hash value of the result
if the miner finds a hash that matches the current target, the miner will be granted ether and broadcast the block across the network for each node to verify and add to their own ledger . If miner B finds the hash, miner a stops working on the current block and repeats the process for the next block. It's hard for miners to cheat in this game. There is no way to fake the work and come up with the right answer to the puzzle. That's why solving puzzles is called "proof of work."
on the other hand, others have little time to verify whether the hash value is correct, which is exactly what each node does. About every 12-15 seconds, a miner finds a stone. If the miner starts to solve the puzzle faster or slower than this, the algorithm will automatically re adjust the difficulty of the problem so that the miner can rebound to about 12 seconds of solution time
miners earn these ethers randomly, and their profitability depends on their luck and the computing power they put in. The specific workload verification algorithm used by Ethereum is called "ethash", which aims to require more memory, making it difficult to mine with expensive ASIC. Special mining chips are now the only profitable way to mine bitcoin
in a sense, ethash may have achieved this goal successfully, because dedicated ASIC is not available for Ethereum (at least not yet). In addition, as Ethereum aims to shift from proof of work mining to "proof of equity" (which we will discuss below), buying ASIC may not be a wise choice because it may not prove useful for a long time< However, Ethereum may never need miners. Developers plan to abandon proof of work, the algorithm currently used by the network to determine which transactions are valid and protect them from tampering to support proof of equity, which is guaranteed by token owners. If and when the algorithm is launched, proof of equity can become a means to achieve distributed consensus, and the consensus uses less resources.
The filecoin token will be allocated to the four main participating groups in the filecoin network. This allocation scheme has also been written into the filecoin protocol and recorded in the genesis block of the filecoin blockchain. Each participant group is crucial to the creation, opening, growth and maintenance of the network:
1. 70% of the participants will be allocated to the filecoin miners (mining reward), which are mainly used to maintain data storage, maintain blockchain, allocate data, run contracts, etc
2. 15% was allocated to protocol laboratories (original allocation, 6-year lock-in period) for research, engineering, development, business development, marketing, distribution, etc
3, 10% is allocated to investors (6-month to 3-year lock-in period), mainly providing funds for network development, business development, partnership, support, etc
The remaining 5% will be allocated to the filecoin Foundation (6-year lock-in period) for long-term network management, partner support, academic funding, public work, community building, etcat present, compared with other coins, the distribution principle of filecoin is very beneficial to miners. It's just right for the interstellar Aoyun miner to be the miner specialized in digging filecoin. I'm more optimistic about IPFs ecology
If mining, tokens will be converted into Vicat
then you need to wait for Vicat to increase in value
Mr. Shaw replied
thank you for your attention to Vicat