Automatic transaction mining

1. I don't quite understand the meaning of your question. But I feel like an advertisement. What does 100 + mean? Do you earn more than 100 bitcoins? Do you make money by clicking on ads

recently, many people use the concept of bitcoin for pyramid selling fraud interaction, among which bitcoin hang up is the most. Bitcoin is not so easy to earn, I hope the majority of netizens to be vigilant, in order to prevent being cheated<

popularize the common sense of bitcoin:

bitcoin is a consensus network, which promotes a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system

bitcoin is proced by mining. Mining is to use your professional mining hardware to calculate mathematical problems, confirm transactions, and ensure the safety and normal operation of the whole bitcoin network system. As a reward, you can get a certain bitcoin reward according to the amount of computing power you contribute to the whole network. At present, bitcoin mining needs professional and expensive mining equipment. If you still don't understand, go to bitcoin home to learn the basic knowledge of bitcoin.

2.

You can't dig in a day. It takes 2000 years

the global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin

in order to make the graphics card fully loaded for a long time, the power consumption will be quite high, and the electricity bill 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

extended data:

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system

bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer

when bitcoin was born in 2009, block rewards were 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25

when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million

3. Exchange: bit-z
trading mining online time: June 2018
Project Introction: bit-z, founded in Hong Kong in 2016, provides digital asset trading and OTC (over-the-counter trading) services
dividend method: "transaction mining". Users who participate in the transaction can get a refund of service charge (in the form of equivalent BZ, and need to complete three-level certification); Each phase of 10 million BZ will be released step by step, and each phase of 10 million BZ will automatically enter the next phase. The return ratio of each period will decrease by 3%
total number of tokens issued: 1.2 billion BZ.

4.

"Transaction is mining" is a typical platform operation mode. Users mine through transactions. Some platforms will issue their own tokens as rewards for users' trading behavior

Relevant introction:

in June 2018, the cryptocurrency exchange fcoin put forward the concept of "trading is mining", and in a short period of time, the daily trading volume rose to the first in the world, triggering a war between exchanges

"transaction is mining" is actually a return mechanism of personal transaction fees based on platform currency. Strictly speaking, there were similar playing methods before the establishment of fcoin. For example, bibox had a mechanism to return a certain proportion of fee income to platform currency holders

extended data

fcoin's "transaction is mining" is repackaged. Following the allocation rules of bitcoin mining, 51% of platform currency ft is taken as the mining reward pool. Through "mining (trading on fcoin)", FT is graally unlocked. Once 51% of FT is fully fed back, "mining" is automatically terminated

in terms of specific implementation, fcoin trading means mining starts at 0 o'clock every day (GMT + 8), and the transaction fees generated by users will be converted into ft for accumulation every hour. The conversion price is calculated according to the average price of FT in that hour (the average price is calculated as total transaction amount / total trading volume)

5.

1. Coinbene

country: Singapore

Mining instructions: CONI is issued by the global high-quality digital asset trading platform coinbene in full currency, with a total issue of 1 billion and guaranteed never to be added. Coinbene provides an online service (platform), which allows users to exchange different block link codes with each other. 100% of the platform revenue is converted into eth (converted according to the hourly closing price of ETH) and returned at 3pm the next day. Special line discount of transaction service charge: users holding CONI will enjoy special discount of service charge. The more they hold, the greater the discount. They can enjoy 30% discount at most

2. Fcoin

country: U.S.

Mining Description: fcoin is the first digital asset trading platform with transparent assets in the world, which will distribute 80% of the platform's income to FT holders regularly. Ft (fcoin token) is a token issued by fcoin trading platform, which is the representative of all rights and interests of the trading platform. The issuance of FT is based on the principle of "trading is mining", with an upper limit of 10 billion and will never increase“ The specific way of the "transaction is mining" indivial transaction fee return mechanism is: from 0 o'clock every day (GMT + 8, the same below), the transaction fee generated by the user will be converted into ft for accumulation every hour, and the conversion price is calculated according to the average price of FT in that hour (the average price is calculated as the total transaction amount / total trading volume). Return once an hour, return the mining output 24 hours ago and in the same hour interval. For example, in the interval of 7:00-8:00 one day, the return is the mining output in the interval of 7:00-8:00 the previous day

3, bit-z

country: U.S.

Mining instructions: voting method is adopted to realize currency loading, mining generates BZ in real time, and settlement is returned every 60 minutes. The commission fee will be reced by 3% for every 10 million mines“ Users who participate in the transaction can get a refund of service charge (in the form of equivalent BZ, and need to complete three-level certification); Each phase of 10 million BZ will be released step by step, and each phase of 10 million BZ will automatically enter the next phase. The return ratio of each period will decrease by 3%; At the same time, the platform promotes the opening of BZ transactions according to the mining capacity of the whole network; BZ shall return the service charge according to the formula in "2" before opening the transaction, and 100% of BZ real-time price after opening the transaction; Price calculation: before opening Trading: 1bz = 0.158 usdt, 1bz = 1dkkt, 1bz = (0.158 / BTC price of the whole network) BTC opening; After trading: real time price calculation

Mining instructions: the total amount of bigo coins is 25050000, which adopts destruction mechanism and dividend mechanism, and will never be issued. The only way to obtain bigo currency is for users of the currency exchange to obtain it through mining or online trading. Mining: it refers to the user's transaction on Hong Kong currency Pavilion platform (all currencies except bige currency and bigo currency), namely "transaction mining"“ Miners (users) increase the total trading volume of the platform through trading, and the trading system automatically drops bigo coins to miners as mining rewards

U-coin

country: Australia

Mining instructions: Au is based on erc20 contract tokens, with a total issue of 5 billion, and will never be issued. All Au are frozen and need to be thawed by mining, 50% of which is released by trading mining. AU's "mining" is realized in the form of indivial transaction dividends. The specific calculation method is as follows: daily income of the miner = daily transaction handling charge / Au currency price of the day * dynamic transaction mining Commission. The "daily transaction handling charge" refers to the total handling charge generated by the miner's daily transaction in the Au trading area of u Network in Australia“ "Current day Au currency price" refers to the daily average price of Au currency on Australian u-net platform“ "Dynamic transaction mining rebate" means that the platform will refund 100% to 200% of the total transaction fees of the Au trading area on the same day according to the total mining quantity and currency price on the same day

there are more than a dozen other companies. There are too many words to post. Let's see for ourselves

continuous update: trade is mining! The most complete list of mining exchanges in history

6. First of all, you need to understand the time point of bitcoin Mining:
a total of 2100W bitcoins are issued, and each block is generated for 10 minutes, and a block rewards a certain number of bitcoins. In the beginning, 50 bitcoins were awarded for each block of mining. In the future, the reward was halved for every 21000 blocks (about once every four years). Now, 12.5 bitcoins are awarded for each block generated. The generation time of each block is 10 minutes, but with the development of computer technology, now the mining calculation power is increasing, so the generation time of a block must be less than 10 minutes, which requires certain control measures to ensure this time. This measure is the difficulty of mining. If the output time of each block is less than 10 minutes, the difficulty of mining will be increased. If the output time is more than 10 minutes, the difficulty of mining will be reced. The difficulty adjustment time is 2016 blocks, that is, 2 weeks
after every 2016 blocks, all nodes will automatically adjust the mining difficulty according to a certain formula. This formula is obtained by comparing the latest time spent in 2016 blocks in this cycle with the expected time (20160 minutes, i.e. two weeks)
new difficulty = old difficulty * (time spent in the past 2016 blocks / 20160 minutes)

7.

Although many investors know nothing about bitcoin mining, they still can't resist the temptation of bitcoin price and plan to invest in the mining army. So if you also want to mine, I believe you will have a question in your heart: "what is a bitcoin miner? What is the principle of bitcoin mining machine? " To solve this problem, let's remember some popular science today

origin of bitcoin

to fully understand the origin of bitcoin, we have to mention the existing financial system

bitcoin mining machine specially used for mining. The popular digital currencies in 2013 include bitcoin, Leyte coin, zeta coin, pennies (Internet), invisible gold bar, red coin, pole coin, BBQ coin and prime currency. At present, hundreds of digital currencies are issued all over the world

with the orderly implementation of cashless society, banknotes will inevitably disappear in the long river of history with the passage of time. The future digital currency is believed to be similar to bitcoin, but it is by no means a limited supply. But when the human ability to proce wealth can be completely matched by the computing power of the computer, the issuing speed of e-money is directly proportional to or slightly exceeds the computing speed of the computer to create moderate inflation. In the future, while mining, it is also creating value rather than wasting electricity. In the end, the small changes in proctivity of digital currency match the difficulty of computing power, which may be the final form of human currency