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Why does bitcoin need mining machine maintenance

Publish: 2021-05-16 05:51:11
1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. 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

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1. The above information is for reference only, without any suggestions
2. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
response time: February 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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2.

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

why use graphics card to mine

compared with the complex computing of CPU, GPU used by graphics card is used for general computing. So it can stack hundreds of stream processors awesome. Each stream processor is like a small CPU. Although its ability to run complex programs is far from the power of CPU, it can not support many processors, so the actual performance, especially the single precision floating point performance is much stronger than that of CPU. p>

the actions in bitcoin can be considered as the use of graphics card to do continuous general computing, and the computational complexity is relatively low and quite repetitive. The stream processor used by graphics card is just suitable for such an algorithm. It's like constantly solving equations. The graphics card is 2000 middle school students, while the CPU is 8 math doctors. Although the mathematical knowledge of the doctor of mathematics is far more than that of the middle school students, the speed of solving medium-sized equations such as virtual currency is certainly not as fast as that of 2000 middle school students

so we used graphics card to mine virtual currency at the beginning. After that, someone developed a specific algorithm to make the stream processor of the graphics card greatly strengthen the virtual currency solution, which is the origin of the mining machine

3.

Although many investors know nothing about bitcoin mining, they still can't resist the temptation of bitcoin price and plan to invest in the mining army. So if you also want to mine, I believe you will have a question in your heart: "what is a bitcoin miner? What is the principle of bitcoin mining machine? " To solve this problem, let's remember some popular science today

origin of bitcoin

to fully understand the origin of bitcoin, we have to mention the existing financial system

bitcoin mining machine specially used for mining. The popular digital currencies in 2013 include bitcoin, Leyte coin, zeta coin, pennies (Internet), invisible gold bar, red coin, pole coin, BBQ coin and prime currency. At present, hundreds of digital currencies are issued all over the world

with the orderly implementation of cashless society, banknotes will inevitably disappear in the long river of history with the passage of time. The future digital currency is believed to be similar to bitcoin, but it is by no means a limited supply. But when the human ability to proce wealth can be completely matched by the computing power of the computer, the issuing speed of e-money is directly proportional to or slightly exceeds the computing speed of the computer to create moderate inflation. In the future, while mining, it is also creating value rather than wasting electricity. In the end, the small changes in proctivity of digital currency match the difficulty of computing power, which may be the final form of human currency

4. Bitcoin mining is through the mining node, and then the bitcoin mining machine (computer) constantly consumes its own computing power in exchange for bitcoin. In the bitcoin system, through its own algorithm, it can dynamically adjust the mining difficulty of the nodes in the whole network, and ensure that every 10 minutes, one node will succeed in mining. At this time, the bitcoin system will reward this person with a certain amount of bitcoin. Bitcoin mining is a complicated process, but it usually goes through these steps: preparation, finding the mine pool, registering the mine pool account, setting the mine pool account, downloading the bitcoin miner (software) and configuring the bitcoin miner; After the above steps, you can mine
the content of this article comes from: financial code of the people's Republic of China: application edition, China Law Press
5.

Bitcoin mining is a process of using computer hardware to do mathematical calculation for bitcoin network to confirm transactions and improve security

6. Mine distribution
scene name monster grade mineral name / grade mineral name / grade mining skill grade
Wuliang 1-10 copper mine / 1 -- 0
Jiange 1-10 copper mine / 1 -- 0
Dunhuang 9-16 copper mine / 1 -- 0
Jinghu 9-16 copper mine / 1 -- 0
Songshan 15-21 copper mine / 1 -- 1
Taihu 15-21 copper mine / 1 -- 1
Xihu 20-26 copper mine / 1 iron mine / 21
Erhai Lake 25-31 iron ore / 2 silver ore / 3 2
Yannan 30-36 silver ore / 3 cold iron ore / 4 3
Longquan 35-41 cold iron ore / 4 gold ore / 5 4
Cangshan 40-46 gold ore / 5 basaltic iron ore / 6 5
Yanbei 45-51 basaltic iron ore / 6 crystal ore / 7 6
Wuyi 50-56 crystal ore / 7 jadeite ore / 8 7
Shilin 55-61 jadeite ore / 8 Zhenwu ore / 9
Caozhou 60-66 Zhenwu ore / 9 Longxue ore / 10 9
Meiling 65- 71 Longxue mine / 10 10

herb distribution
scene name monster level herb name / level herb name / level herb name / level herb picking skill level
Wuliang 1-10 white Ying / 1 Pollen Typhae / 1 0
Jiange 1-10 white Ying / 1 Pollen Typhae / 1 0
Dunhuang 9-16 white Ying / 1 Pollen Typhae / 1 0
Jinghu 9-16 white Ying / 1 Pollen Typhae / 1 0
Songshan 15-21 white Ying / 1 Puhuang / 11
Taihu 15-21 Baiying / 1 Puhuang / 11
Xihu 20-26 Chuanbei / 2 Yuanhu / 22
Erhai 25-31 loquat / 3 licorice / 3 honeysuckle / 3 3
Yannan 30-36 Scutellaria / 4 wolfberry / 4 Chenxiang / 4
Longquan 35-41 Eucommia ulmoides / 5 Atractylodes lancea / 5 Fuling / 5
Cangshan 40-46 Fangfeng / 6 Elsholtzia / 6 Huanglian / 6
Yanbei 45-51 Danggui / 7 Guixin / 7 Xiangfu / 7 Wuyi 50-56 Huoxiang / 8 huishencao / 8 Shouwu / 8 8
Shilin 55-61 Cordyceps sinensis / 9 Solanum nigrum seed / 9 9
grassland 60-66 Xiangbei / 10 ginseng / 10 10
Meiling 65-71 Ganoderma lucim / 11 xunccao / 11
Yuxi 70-76 Lianzi / 12 kumuchun / 12
Liaoxi 75-81 Lianzi / 12 kumuchun / 12
Nanhai 80-85 Lianzi / 12 kumuchun / 12
Nanzhao 84-89 Lianzi / 12 drywood spring / 12
Chang 88-93 Lianzi / 12 drywood spring / 12
Qiongzhou 92-97 Lianzi / 12 drywood spring / 12
miaojiang 96-101 Lianzi / 12 drywood spring / 12
Huanglong 100-105 Lianzi / 12 drywood spring / 12
7. 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

mining is a proof mechanism.
8.

What is a bitcoin miner? I often hear about bitcoin, bitcoin mining machine. Let's talk about bitcoin. Bitcoin mining machine is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card, which consumes a lot of power

The digital currency in the future is believed to be similar to bitcoin, but it is by no means a limited supply. But when the human ability to proce wealth can be completely matched by the computing power of the computer, the issuing speed of e-money is directly proportional to or slightly exceeds the computing speed of the computer to create moderate inflation. In the future, while mining, it is also creating value rather than wasting electricity. In the end, the small changes in proctivity of digital currency match the difficulty of computing power, which may be the final form of human currency

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