Mining starts again
In 2009, bencong invented bitcoin, and set that there are only 21 million bitcoins. By participating in the proction of blocks and providing proof of work (POW), he can get the reward of bitcoin network. This process is mining
the concept of "mining" comes from the existing concepts in our real economic life, such as gold mining and silver mining. Because minerals are valuable, it drives people to pay labor to dig
another important point of bitcoin mining is that the miners who participate in mining recognize the value of bitcoin, and some of them are willing to spend money in the bitcoin market. Therefore, the mining of bitcoin is meaningful
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currency characteristics of bitcoin
1, decentralized
bitcoin is the first distributed virtual currency, and the whole network is composed of users without central bank. Decentralization is the guarantee of bitcoin's security and freedom
2, bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3, exclusive ownership
controlling bitcoin requires a private key, which can be stored in any storage medium in isolation. No one can get it except the user himself
4, low transaction cost
bitcoin can be remitted free of charge, but in the end, about 1 bitfen transaction fee will be charged for each transaction to ensure faster transaction execution
5, no hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6, cross platform mining
users can explore the computing power of different hardware on many platforms
Mining is the use of bitcoin mining machine, which is used to earn bitcoin
one of the ways to get bitcoin is that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server
bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce
mining is actually a competition of performance and equipment. The mining machine composed of many graphics cards, even if it's only hd6770, can surpass the single graphics card of most users
and this is not the most terrible. Some mining machines are made up of more such graphics card arrays. When dozens or even hundreds of graphics cards come together, the graphics card itself costs money. Considering the hardware price and other costs, there is a considerable expenditure in mining
bitcoin mining process:
1. To find the ore pool
to start mining, there must be a ore pool with convenient operation and stable output. Its function is to subdivide the data packets for each terminal, and pay the corresponding amount of bitcoin according to the proportion of the data packets calculated by the terminal through precise algorithm
2. Download bitcoin miner (software)
in fact, there are many kinds of this miner, you can go to the official website to download
3. Setting mining software is a green software. After installation, we can set the language first to facilitate further setting. Next, you need to set the server, user name, password, equipment and so on. Generally, the server chooses a better network from BTC guide series, and the user name and password are set by ourselves before
4, bitcoin mining start
when we confirm that all settings are correct, click the "start mining" button to start bitcoin mining, and then the graphics card will soon enter the full speed running state, the temperature and fan speed will increase, you can monitor the state through gpu-z or graphics card driver
Mining means that users download software from personal computers and then run specific algorithms to get corresponding bitcoin after communicating with remote servers
bitcoin is a kind of network virtual currency. Internet users can use bitcoin to buy some virtual goods, such as clothes, hats and equipment in online games. Internet users can also use bitcoin to buy real goods
bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware, and the miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by the miners, so the competition for mining is very fierce
bitcoin mining started with low-cost hardware such as CPU or GPU, but with the popularity of bitcoin, the mining process has changed greatly. Nowadays, the mining activities are transferred to the field programmable gate array, and the hash speed can be achieved through optimization. The mining efficiency of this mode is very high
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the founder of bitcoin:
on November 1, 2008, a person who called himself Satoshi Nakamoto posted a research statement on a secret cryptography review group, stating his new idea of e-money - bitcoin came out and the first transaction of bitcoin was completed
bitcoin has got rid of the constraints of third-party organizations with the help of Internet, which Nakamoto calls "regional chain". Users are willing to dedicate the computing power of CPU and run a special software to be a "digger", which will form a network to maintain the "regional chain". In the process, they also generate new money
trading is also extended on this network. The computer running this software can solve the problem of irreversible code, which contains several trading data
the first "miner" to deal with the problem will be rewarded with 50 bitcoin, and the relevant trading area will join the chain. As the number of "miners" increases, the difficulty of each puzzle also increases, which keeps the proctivity of bitcoin in each trading area at about 10 minutes
in 2009, Nakamoto designed a digital currency, namely bitcoin. The booming bitcoin market has gone up and down, and the identity of its founder "Nakamoto" has always been a mystery. Rumors about "the father of bitcoin" involve from the US National Security Agency to financial experts, and also give bitcoin a mysterious aura
Bitcoin mining is a process of using computer hardware to calculate transaction confirmation and improve security. Bitcoin is a reward for miners to calculate and confirm
bitcoin also has a hype mode. Similar to bitcoin, there are also flow ores. Flow ores also have ways of trading and speculation, but the mining principle of flow ores is different from bitcoin. Flow ores mainly collect the idle bandwidth of miners and give them rewards
in fact, the blockchain technology adopted by bitcoin is more valuable than itself. This is a new way of information storage. The data is stored in all devices connected to the network. When new devices join, the information will be updated automatically, and all devices have the right to read the information
to understand the significance of bitcoin from the perspective of currency, we need to understand the currency itself first, and then compare it with the characteristics of bitcoin. After comparison, I think that bitcoin is a very high-quality currency, but some people don't think it is. They mainly question the formation mechanism of bitcoin and the lack of national credit as guarantee. They think its foundation is relatively weak
at present, there are quite a lot of arguments about bitcoin in academic circles. For example, if the total amount of bitcoin is certain, then whether it will cause deflation or inflation has different views. I think it's deflation, and the value of bitcoin will be higher and higher
at present, bitcoin still means a little bit of a safe haven currency. When the news of brexit came out, the transaction price of bitcoin rose by 20% - 30% to about 4500 yuan / piece
the biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. 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 21 million
the concept of bitcoin was first proposed by Nakamoto in 2009. Bitcoin, also known as bitcoin, is an open source software designed and released according to the idea of Nakamoto Tsung, and a P2P network built on it. Unlike most currencies, bitcoin does not rely on a specific central issuing institution. It uses distributed databases throughout the P2P network nodes to record currency transactions, and uses cryptography design to ensure the security of all aspects of currency circulation
you can download and install a Tencent Royal point
after opening it, you can directly check and kill this kind of computer virus by using the virus checking and killing function in it
Bitcoin crash again, which has aroused heated discussion among netizens on the Internet. There are also reasons for this crash. Many people in the instry have analyzed that it is because the price of bitcoin is mainly determined by derivatives. Once the derivatives fluctuate, it will lead to greater fluctuations than the price of bitcoin, This is actually the result of leverage
We all know that it's normal for invisible virtual currencies like bitcoin to go up and down, but our money is a loss of real money. I hope everyone can remember this. At the same time, we need to pay attention to that if someone guides us to invest in our daily life, We must think twice before we act, because the present era is an era of rapid development. At the same time, there are many people who want to make money in this way. In fact, it is very wrong. In case of such a situation, we must report to the police in time. We hope everyone can look after their wallet, Only in this way can we make our life more beautiful
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2. If the mining site does not illegally occupy your land, and does not cause great hindrance to your life (neighboring relationship), and the above problem 1 will not occur, I don't think his mining behavior can be prohibited
the above answers are only my superficial understanding.