Can MOAC mine

1. Can bitcoin still mine now? How long will it take to dig? I think bitcoin mining is OK, but the success rate of mining is very low. It is not recommended that you mine. Mining consumes a lot of electricity.

2. No, we need a mining license.

3. EGD network generates new EGD through "mining". In essence, the so-called "mining" is to solve a complex mathematical problem with computer to ensure the consistency of EGD network distributed accounting system. EGD network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer every 2.5 minutes. Then the EGD network will generate a certain amount of EGD as a reward to reward the person who gets the answer. When EGD was born on January 1, 2014, each reward was 50 EGDS. Two and a half minutes after its birth, the first batch of 50 EGDS were generated, and the total amount of money at this time was 50. Then EGD increased at a rate of about 50 per 2.5 minutes. When the total amount reaches 42 million (50% of 84 million), the bounty will be halved to 25. When the total amount reaches 63 million (21 million new output, or 50% of 4200), the bounty will be further halved to 12.5.

4. As long as you want to dig, you can dig. As for how much you can dig a day, it depends on the model of mining machine and the computing power of the whole network.

5. Mining machinery will have well-known brands to cooperate.

6. The bottom layer adopts the pow mining method, most miners will use GPU to participate in the mining, and the nodes participating in the mining become v-node nodes. All miners provide workload proof to obtain each block?? 2 MOAC rewards, mining rewards will be periodically decreasing. It is expected to halve every two years, and miners will get gas fee for each transaction. The call cost of the global contract is specially set higher, so as to encourage the call of DAPP contract to adopt the way of sub chain and fragmentation as far as possible.

7. Already have, ah, sub chain is a number of, have the ability to do, there are applications, use the function of some sub chain, even run up. Now that the IPFs sub chain has been established, it's the cooperation between the four parties. Users only care about things that are visible and close to each other. Unless they can mine, they have different horizons.

8. MOAC designed a two-level mining mechanism, which actually involves a deeper consideration. In fact, the allocation mechanism of Eth and bitcoin is very single, relying on POW mining. However, the cost of pow mining is very high, and ordinary participants have no other allocation mechanism except to obtain eth or BTC from the secondary market. Both BTC's service charge and eth's gas are the only one-time distribution way in the system. Moke MOAC proposed two-stage mining, especially the upper mining, which provides a secondary distribution function. In order to maintain the normal operation of the sub chain, the deployer of the sub chain needs to continuously pay MOAC and allocate it to the participating SCS nodes. This is different from one-time deployment and unlimited use of eth. Eth relies on users to pay gas to miners to maintain contracts, while MOAC lets contract creators or communities pay the maintenance costs of sub chain contracts. However, the cost of SCS node participating in mining is very low, only a certain amount of MOAC deposit is required, and the requirement of the system is very low. This mining mechanism enables the majority of SCS nodes to participate and obtain benefits, which makes the secondary allocation of MOAC more extensive. In this way, it can greatly mobilize the enthusiasm of the community and form an open system. The default configuration of the sub chain is to pay with MOAC. The creator of the sub chain can set the time interval of each block and the return of each block. These rewards are paid by the creator. MOAC provides a dynamic management mechanism, so that even if the value of MOAC itself fluctuates, it can still make SCS node profitable, and the sub chain Creator will not be overburdened.

9. The mining of the upper layer is related to the way of consensus. The nodes involved in mining become SCS nodes. MOAC provides a variety of ways of consensus.

10. It seems that MOAC has designed a two-level mining mechanism. In short, the deployer of the sub chain needs to continuously pay MOAC and allocate it to the participating SCS nodes to maintain the normal operation of the sub chain.