Mining machine mining network speed
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
1. Mining machine needs computing power
2. If there are many machines, the bandwidth of network cable is needed
3. The company selling mining machine may have relevant information
As long as the basic independent broadband on the line, there is no demand for network speed
Bitcoin was obtained by CPU in the early days. With the continuous development of GPU speed and the emerging advantages of GPU general computing, miners graally began to use GPU instead of CPU for mining. Bitcoin mining uses SHA-256 hash operation, which will carry out a large number of 32-bit integer cyclic right shift operation. Interestingly, this algorithm operation can be implemented by a single hardware instruction in AMD GPU, while it needs three hardware instructions to simulate in NVIDIA GPU. This one alone brings an additional 1.7 times of computing efficiency advantage for AMD GPU. With this advantage, amd GPU is favored by the majority of miners
advise the landlord not to dig up if the budget is not too much!!! This money is not earned if you want to
the difficulty of bitcoin is increasing. Mining with graphics card is a race against time. The main reason is that the difficulty of mining bitcoin is graally increasing (the reason of bitcoin algorithm design). If a set of platforms can get 1 bitcoin per day according to the current difficulty, then in one month, the platforms with the same computing power will only get 0.8 bitcoins, even the top graphics cards will get 18.2 days (which can't be shut down), and the lowest second-hand hd7750 will need more than 400 (it will take 214 days to get one). Just look at this figure (this is the data in May this year, Now it's more than 18 days)
people can earn money by buying several mining machines (mining machines with dozens of top graphics cards piled together)
I hope I can help you
mining refers to the process of using computer hardware to calculate the location of bitcoin and obtain bitcoin. When mining, we need to confirm the virtual currency transaction. In the process of transaction, we run complex operations. Miners use computers to perform these operations, and then get the virtual currency reward
mining, the process of computing the location of bitcoin by computer hardware and obtaining it, is called mining. Every other point in time, the 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.
the founder of bitcoin, Tsung Nakamoto, left the bitcoin project in 2010 and became one of the most mysterious figures in the coin circle. Bitcoin is made by mining. 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.
if you go to the West Lake Cultural Square (not beside the West Lake), take subway line 1 to Xianghu. Get off at the West Lake Cultural Square Station and you'll be there
if you go to the West Lake, you can take the subway line 1 in the direction of Xianghu and get off at longxiangqiao station.