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Where did bitcoin go

Publish: 2021-05-16 03:26:33
1. First of all, we need to find a mine pool which is easy to operate and proces stable output. The function of the mine pool is to subdivide the data packets for each terminal. We can pay the corresponding amount of bitcoin according to the proportion of the data packets calculated by the terminal through a precise algorithm
there are some points for attention in account setting. It is suggested to set a common account in e-mail
then there is the most important miner account setting. Miner obviously refers to CPU or GPU. You need to set an account for each CPU or GPU. Suppose you have two hd7990, you need to set four different accounts for four GPUs
after the account registration, it's time to take the second step. Download the bitcoin miner. Here we recommend the small and easy-to-use guiminer, which can support CPU, oepncl, CUDA and other computing modes. Your CPU and graphics card can achieve maximum performance
guiminer, a bitcoin miner, still needs to make certain settings. After the interface is changed to Chinese, it will be very simple
if the setting is correct, click the "start mining" button, the graphics card will soon enter the full speed running state, the temperature and fan speed will increase, and you can also monitor the state through gpu-z or graphics card driver
the computing power displayed by guiminer is only a theoretical value. To know the actual output of bitcoin, you need to log in to the mine pool website, btcguild, to monitor your account information
now let's assume that you have g up several bitcoins, which naturally exist in btcguild, a foreigner's website. They can't be traded or converted into paper money for the time being
the functions provided by bitcoin China trading platform are clear at a glance, and you can understand them as soon as you read them, so you don't need to introce them any more. After you register, you can study them slowly
click the "bitcoin recharge" function of bitcoin China trading platform, and the system will provide you with a one-time bitcoin digital wallet address. This address can only be recharged once (for security reasons of the platform). After successful recharge, it will be invalid, and then the system will provide you with another address. Remember to update the wallet address in time every time, Otherwise, it will lead to recharge failure or loss
OK, now we import bitcoin from foreign websites into bitcoin China website, and it's up to you to deal with it. Keep it for appreciation, listing and selling, and exchange it for RMB. Specific how to operate, this Chinese website is easy to operate, we slowly study it
finally, let's talk about the equipment used in the bitcoin mining test. At first, I thought it was just an ordinary hd7870, but its computing power was much better than that of the ordinary hd7870. The key is that guiminer recognized it as the Tahiti core, which is the only core of hd7900 series. Looking at gpu-z, the card originally had as many as 1536 stream processors, Generally, the hd7870 of Pitcairn core has only 1280 stream processors. No wonder Dylan's graphics card has super computing power
for friends who hang up for a long time, performance is not the most important, and stability is the most important.
2.

Find the code on the bitcoin system, and you can dig bitcoin if you find the code

every other time point, the bitcoin system will generate a random code on the system node, and all computers in the Internet can search for the code. Whoever finds the code will proce 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, which is also an important reason for the recent shortage of graphics cards

extended information:

characteristics of bitcoin

The total amount is limited, only 21 million BTC

2. Anyone can issue bitcoin, but it is more and more difficult

3. Compared with the central bank currency, it is safer and almost impossible to be stolen

The transaction process is completely anonymous and cannot be traced

3.

Bitcoin is the first distributed virtual currency

to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start. After completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to paste the address to others, and you can pay through the same client

after installing the bitcoin client, it will assign a private key and a public key. You need to back up the wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost

extended information:

as a virtual commodity, bitcoin itself has no national boundaries, and its operation mode is a "decentralized" monetary system, which is very convenient for one-time large transaction. Bitcoin is traded through the network, and the owner's identity is only in the form of a set of encrypted computer code

in the operation, input a digital address directly, click the mouse a few times, and wait for the confirmation of the transaction to complete the transaction. The network can only record which address a bitcoin was g up from and how it was transferred

however, the identity of the owners of these addresses can not be verified, which is just like when money goes to an ownerless bank account, the relevant transactions can easily be invisible from the perspective of government supervision, and it is difficult to be tracked or intercepted. In addition, bitcoin can evade the scrutiny of exchange control institutions required by normal cross-border remittance, and the transaction records will not be recorded by banks and other parties

naturally, the problem of reporting to relevant departments after the transaction exceeds a certain amount is avoided. Buy bitcoin with domestic currency, sell it on foreign trading platforms, and withdraw it in US dollars. Asset transfer can be completed in a few minutes

it is not difficult to open an overseas bank account related to bitcoin for foreign exchange, and the conversion is very convenient. Because of these characteristics, bitcoin has been chosen by criminal organizations

4. Starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique
in the metaphor of RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start
after completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to post the address to others, and you can pay through the same client. After installing the bitcoin client, it will distribute a private key and a public key. You need to back up your wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost.
5.

When bitcoin nodes connect with each other, they will get transactions they don't have from each other. But because bitcoin has accumulated a large number of transactions for a long time, it is very difficult for two nodes to compare which transactions you are missing / which transactions I am missing one by one

to solve this problem, Nakamoto Tsung invented the important technology of block chain. Nodes use blocks to synchronize transactions, which ensures the data consistency of all nodes, and ensures the uniqueness of the blockchain by competing for block packing rights (that is, mining)

① a block and blockchain
a packet formed by a transaction over a period of time is called a block. On average, bitcoin generates a block every 10 minutes, and each block is linked to the previous block to form a blockchain


② the transaction data is synchronized with the block as a unit
the block is numbered from 1, so after node a connects with node B, it is convenient to synchronize the transaction data as long as the block number height of both parties is checked. For example, if node A's own block height is 100 and node B's block height is 110, all it needs to do is request B to synchronize the 10 blocks 101-110<

③ reward for packed blocks
in order to ensure that there are nodes to pack bitcoin transactions, bitcoin rules stipulate that nodes of packed transactions will receive bitcoin as reward
A. part of the package reward comes from the transaction fee paid by the transaction creator (100-1000 transaction fee per KB)
B. the other part comes from the initial distribution of 21 million bitcoins. At the beginning, the reward is 50 bitcoins for each block. After that, the reward will be halved for every 210000 blocks (about four years). Until about 2140, the reward for each block is less than 1, and the total reward for each block is 21 million bitcoins, This is the source of the total amount of 21 million bitcoins (2099999.97690000 to be exact)
after 2140, the package reward will only come from the transaction fee paid by the transaction creator<

④ competition for block packing right
node packing transaction only needs to consume very low-cost network and computing resources. The existence of packing reward (at present, the packing reward for each block is 25 bitcoin, about 40000 yuan), makes a large number of nodes want to pack transactions. In order to ensure the uniqueness of the blockchain, bitcoin rules stipulate that nodes use a method similar to "coin tossing" to compete for the right of transaction packaging. Nodes constantly toss coins. Whoever first throws the results that meet the rules will get the right to pack the transaction in this block, as well as the package reward of this block

6.

1. First of all, connect the network cable, plug the network cable into the network cable interface of the mining machine, and remember to plug it tightly. Only when the miner is connected to the Internet, there is no limit to the broadband

extended data

users can buy bitcoin, at the same time, they can also use computers to "mine" bitcoin according to a large number of calculations. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins

e to the decentralized programming adopted by the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes

7. Bitcoin mining machine is the computer used to earn bitcoin. This kind of computer generally has professional mining chips, and works by installing a large number of graphics cards, which consumes a lot of power. One of the ways to get bitcoin is to download mining software and then run specific algorithm to communicate with remote server to get corresponding bitcoin
according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market, and citizens' investment and transaction of virtual currency are not protected by law

warm tips: ① the above explanations are for reference only, without any suggestions. The relevant procts are issued and managed by the corresponding platform or company, and our bank does not undertake the responsibilities of investment, cashing and risk management of the procts
② there are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction

response time: January 28, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
8. Bitcoin is a virtual digital currency
mining is done with mining machines, but it can also be done with cloud computing, mining pools and so on. As long as there is enough network, power and computer configuration, mining can be done
bitcoin mining is a bit similar to ordinary mining, so it is called mining.
9. This is a virtual thing
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