Bitcoin mining into Wallet

1. Speaking of bitcoin, it can be hot recently. The Internet is discussing this mysterious currency everywhere, even in the economic journal. Newspapers are discussing the feasibility. Bitcoin is popular among computer geeks. These people are yearning for freedom. It is said that when Nakamoto published his paper, bitcoin has become increasingly popular. Many foreign websites and even shopping have accepted bitcoin payment, but domestic ones are relatively few. The value of bitcoin is relatively high now. It is worth more than 300 US dollars and more than 1000 RMB yuan, which is very attractive. But it is just a stock, which goes up and down. It's more risky than special procts. Please be careful when you enter the trade
today, I'll write down my experience and tools in bitcoin exploration. I'm also a novice. I'd like to share with people who love bitcoin
1. Download your bitcoin e-wallet first. There is bitcoin client on the Internet. It doesn't need to be registered. It is bound to your computer by default. After downloading and installing, it will change your network data block. This is enough. I heard that it is to download all the information of network nodes. It's global. How big should it be? I've updated it for several days and finished downloading the data block
bitcoin client interface:
2. The interface is relatively simple. With this client, you can make bitcoin payment and collection. You can see a string of numbers and letters below by clicking on the circle in the figure below. You can the string and send it to others. If you give the bank card account number to others, they can pay. You can click "send currency" and paste the account number sent by others to pay for bitcoin. There is no third party in this process, So it's safe
3. How to mine is also an important way to proce bitcoin. mining tool is guiminer, it is a green package, that is, folder, do not need security, download it directly decompression can be used, find the icon below, double-click to run
interface:
4. If you have a tool to use, you need to find a good place to proce minerals, that is, a mine pool. Now the output of bitcoin is less and less. If you dig bitcoin, you don't know when and when. If you are a Galaxy series supercomputer, let's talk about it separately. Personal computers can be ignored. There are many mines, But it is known as deepbit, the world's largest mining pool of bitcoin. Its website is
https://deepbit.net/
log in to the website to register an account. Click my account
5, enter my account information, here you can see your miner information, how much bitcoin the account has, C contribution
6, specific settings of my account
1. Enter the address where you accept bitcoin in the box. Don't write it wrong, or you'll be digging for nothing, as mentioned in the picture and text above
2. Minimum value of automatic payment:
set by yourself. When you have so much money in the mine pool, this website will automatically type the money to your bitcoin account address set above. You see, the above settings are important
3 set miners, click Create
New
vorker, Chinese is to create new miners, miners can help your mining workers, you can set more than one, and then excavate in a lot of computers, the effect is more obvious, the income is more rich
write freely on the name, to write in English, foreign things better write in English
write the password by yourself, don't write it too long, it's simple, it's not important
failure detection threshold
(1-3600
minutes):
just write 60,
when the miner doesn't work, send an email notice*<
: choose not decisively, refuse spam,
payment method: choose decisively, pull according to proportion, pay more for more work, which is in line with human development
click the last point
Sava
setting
to save your miner and return to see your miner's information
7. Fill the miner information into the mining tool guiminer,
file - & gt; new
opencl
miner-> Fill in your favorite name - "sever" select deepbit - "user name to fill in the miner's name. Remember to add the miner to your mailbox in the form of your registered account. There is a password on it, you know. Device
is to choose what hardware you use to work, usually with a graphics card. Select the graphics card you want to use. If you can't find it, remember to update the graphics card driver, Then start
mining. You can sit and wait for ore collection. The specific speed depends on your computer configuration
note: there are many ore pools and tools, but I won't introce them to you, just because I use what I said above. Whoever uses knows, there will be a place to speak, and I may not understand others. Be careful, the electricity bill is not enough. If you really have it, you can buy and sell bitcoin on China bitcoin network and exchange it for real gold, right.

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. Bitcoin mining is relatively complicated. In short, if bitcoin is gold, then mining is like gold panning. It is just to obtain bitcoin through the computing power of the computer, and obtain the unique wallet stored in each node. The money in the wallet can be transferred to the trading platform for trading and sold for cash.

4. Can be transferred to other disk, or even transferred to the mobile hard disk, portable

with the increasing capacity of bitcoin blockchain data, the client wallet data is installed on Disk C by default. If Disk C is not large enough, you need to find a way to move the data from disk C to other disks
examples are as follows: (Note: close the client first)
1. Find bitcoin's data folder:
XP --- C: & # 92; Documents and Settings\ username\ Application Data\ Bitcoin
vista,win7---C:\ Users\ username\ AppData\ Roaming\ Bitcoin
2. Copy this bitcoin folder to other disk with large space, such as disk D (to avoid operation error, it is recommended to it first and delete disk C after it runs normally, so as to save disk C space)
3. Edit the bitcoin shortcut on the desktop (if there is no shortcut on the desktop, there are two ways: one is to find the installation folder, find "bitcoin QT. Exe", right-click, and select Create Shortcut to cut the shortcut to the desktop or any location; For the second method, if it is a green installation free version, you can find this installation folder, find "bitcoin-qt.exe", right-click and select Create Shortcut to cut the shortcut to the desktop or anywhere.) Right click on the shortcut, select "properties", enter the following in the "target" column and confirm:

& quot; C:\ Program Files\ Bitcoin\ bitcoin-qt.exe" - datadir=D:\ Bitcoin
(red is the target location of the added part)

now, double-click the bitcoin shortcut on the desktop, the client will start, and all data updates will be stored in disk D, and disk C will no longer occupy space. This method can also avoid data re download caused by deleting Disk C e to system re installation, and can also protect wallet files.

5. Bitcoin is a virtual currency, the world's general cryptocurrency. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address. But it's going to close soon. Bitcoin is a decentralized and open source digital currency, which will eventually reach a fixed unit of quantity: 21 million, which will not be reached before 2140. The current rate of money proction is 25 new bitcoins per 10 minutes, and the number will slowly decline. It will be halved in 2017, and then it will be halved every four years until it reaches the upper limit. Now who are the people who get those bitcoins that are proced every 10 minutes? It's a technical process, which is essentially to solve difficult mathematical problems, and hard systematic work will be rewarded. In short, mining is a process of running a program, which helps to verify transactions on the network. Unlike other transactions, it is completed by solving difficult mathematical problems. This special process also leads to its becoming a kind of free currency. Every few minutes, a new bitcoin finds a miner, so that they can protect themselves. Now mining is becoming more and more difficult. Under the leverage of market economy principle, their prices will be higher and higher. If the utilization rate is higher and higher, the prices will be higher. Using bitcoin, you can buy goods and services, convert them into real currency at any time according to the bitcoin exchange rate at that time, and sell bitcoin to other users. If you want to join the mining team, the early hardware and power costs are inevitable, so you can try various hardware settings and calculate its mining efficiency. Risk the price fluctuation of bitcoin is its biggest risk, because the whole market value has reached 1 billion US dollars, many people are eyeing this market. Last month, the value of a bitcoin rose from $30 to a peak of $75; But in 2011, the exchange rate of US dollar to bitcoin fell from US $33 to US $2.51, and it took a long time to recover. Now its transaction value is 125 dollars, so it is very valuable. Instawallet was closed as a bitcoin hosted wallet on Thursday because of the attack, and it indicates that 90 days later, if no one else claims to have received the same URL, users under 50 bitcoins will recover 50 bitcoins. For indivials, if you pay attention to privacy, want to trade a small amount of money without government regulation, and have a wallet that can be entrusted with the custody of bitcoin, you can have a try. There is still a long way to go before it can replace the existing currency. The infrastructure under it needs to be well constructed to be generally accepted. If you want to buy one or two in the near future, it is absolutely no problem.

6. If you dig bitcoin in the haobtc mine, it means that it has been transferred into your account in the haobtc wallet. In this way, it can be understood that there is no difference between the normal transfer of bitcoin and the normal transfer of bitcoin. As long as you know the receiving address of the other party, click send in the account, and then enter the quantity and the receiving address of the other party to complete the transfer of bitcoin, If the other party is also a user of haobtc, you can transfer money by directly entering the mobile phone number or email of the other party's account, which is particularly convenient for you to experience.

7. These virtual currencies are all in the name of indivials. They are not protected by the state at all, and they are not real money. Only the money issued by the central bank is called money. The others are all issued by themselves, without any legal effect. For example, I can invent one, which can be more obvious than anyone else. This is not real money.

8. Download bitcoin wallet and run it on the computer to generate a wallet address. Your balance is the number of bitcoins you have. The coins you dig in the mine will be injected into your wallet.