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How to dig for bitcoin cash

Publish: 2021-05-20 02:43:37
1. Xiaomi mobile phone can't dig bitcoin<
mining steps:
(1) Download bitcoin official client, click here to download bitcoin official client

(2) after installing the client, start the client, and the client will start to synchronize network data within 3 minutes after startup. Because bitcoin data is huge, it may take several hours (depending on network speed and computer performance). The picture shows the client synchronizing network data:

please make sure that your C disk has more than 10GB of free space. If the C disk is not enough, you need to set the data to D disk or e disk. Check the method of putting bitcoin packets to D disk

(3) if your client displays English and you are not good at English, You can set it to Chinese. Click here to see how to set the bitcoin client to Chinese.

(4) the client's synchronization of network data will not affect our mining. First, we get our account address and click the "collection address" button of the client. At this time, you will see a very long list of addresses, similar to your bitcoin account, The bitcoin account address is automatically generated and unique in the world

(5) your account is now 0.00 BTC, which means you don't have bitcoin yet, but you can start mining now. Download an easy-to-use mining software cgminer. Click here to download the bitcoin mining software cgminer (cgminer can dig bitcoin and most of the coins, But not all currency mining can use cgminer)

(6) you need to confirm your graphics card model, if it is NVIDIA graphics card, then you can directly mine, please skip this step. If it is an ATI graphics card, you need to install an AMD SDK package in addition to cgminer. Click here to download the AMD SDK installation package

(7) cgminer is an English interface, but it does not affect a rookie to use it. Please unzip the downloaded cgminer to anywhere on your computer, and then enter the cgminer folder

(8) in the cgminer folder, create a new text file (txt) and write the content code as:
cgminer - O http://pool.btc38.com : 9332 - U XXXXXX - P btc38
change the above XXXXXX to the account address of your BTC wallet (get your address according to section 4 of this tutorial), After filling in, it is shown in the figure:

Xiaobian has configured the mine pool and port for you in the above code (the mine pool is a completely free mine pool provided by bitage). If you want to use other mine pools and ports in the future, please modify the mine pool URL and port by yourself

(9) change the. TXT suffix of the newly created TXT text file to. Bat suffix (if you compare dishes, the suffix will not be displayed at the back of the text file and the file name suffix will not be changed, please click here). After modification, the file is as shown in the figure:

(10) then double-click the run.bat file above to start mining. For example, if you get 0.001 bitcoin, it will be stored in the BTC address you fill in. (because BTC mining is very difficult at this stage, you may have to wait for a whole day to get BTC revenue. When mining, there may be some cards on the computer screen, because most of the resources of the graphics card are occupied.). (11) you may also want to know how to understand the mining interface. The figure below mainly indicates your speed and status:

note: in fact, the number of users of bitcoin mining is very large, and the output of bitcoin every 10 minutes is very limited, so mining is very difficult, If you have a powerful graphics card, there will be certain benefits. If your graphics card is not good, it may take you n hours to get a little bit of bitcoin. This tutorial is written by Xiaotian, editor of bitage (btc38. Com). The purpose is to let you get started and experience bitcoin. If you want to get better benefits through mining, You need to learn more about bitcoin pools and bitcoin mining strategies
4. Bitcoin mining pool
as mentioned above, the number of users of bitcoin mining is very large, and the output of bitcoin every 10 minutes is very limited, resulting in the situation that tens of millions of people scramble for a block. Therefore, if you use personal computers to mine alone, you may not be able to grab a block in a whole year, People have come up with a team mining method. The so-called team mining is the mining pool that we are going to talk about now
the mine pool is a server designed through a specific algorithm. All users connected to the mine pool server will form a team to mine. Although the performance of personal computers is small, the overall performance of thousands of people will become very powerful. In this case, the success rate of mining will be greatly improved, Once the team in the mine successfully creates a block, then all the team members will pay dividends according to the performance of each person's computer. For example, 1000 people are mining in the same mine pool. After digging out a block, the reward of n bitcoins generated by the block will be distributed according to the computer performance of the 1000 people. If your computer performance is strong, it may get 1 in 100; if the performance is backward, it may get 1 in 10000
in this case, the developer of the mine pool will generally charge 1% ~ 3% of the fee for each user as a handling fee, but because this method makes it more stable for everyone to get bitcoin, almost everyone will choose to mine in the mine pool instead of mining alone
as mentioned in the mining tutorial above, the mine pool provided free of charge in the bit age adopts the P2P technology architecture and does not charge any fees to users. It is one of the mainstream mine pools. In addition, there are BTC guild and deepbit, which are also very popular. Although the design of each mine pool is not the same, but the use method is basically the same and simple, so this tutorial will not do further description, you can explore by yourself. Even though Xiaobian has configured the mine pool and port provided by bit era for you by default in the previous tutorial, in order to let you have a deeper understanding of the mine pool, here are several mainstream mine pools for you to choose:
bit mine pool (free, recommended by Xiaobian) | bitcoin.cz (suitable for novices) | BTC Guide (the oldest brand) | deepbit (stable and efficient) | f2pool (domestic)
2. Bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers. At 20:20 on August 1, 2017, bitcoin cash began to mine, and the same amount of bitcoin cash (BCC) will appear in each bitcoin investor's account. It can be purchased on the trading platform or mined like bitcoin
3.

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

4.

The steps are as follows:

1. Add a mine pool. 2. Download the software. 3. Start digging after setting

however, it is suggested that the building owner give up and dig bitcoin mainly depends on the GPU, that is, the processing chip on the graphics card. The home computer integrated graphics card can't be g at all. If the independent graphics card is NVIDIA chip, it's basically useless, because the most computing power is 160m / s

according to the income ratio, the calculation power of the machine is less than 8g / S (8192m / s), even the electricity fee is not enough, so it's meaningless to dig with a home computer for more than ten yuan a month. If you really want to dig, you should buy a mining machine

5. Financial tycoons don't have a good instry, so they hype virtual money and make a rule. All the work is for you to do mining, software and so on. There are more people who buy it. They just need to wait for the stock price to rise to make money. When it rises to a certain time, they sell the stock to make money. Their currency has no real value. Unlike gold, it can be used to smash people no matter how much it falls, This fell even a fart, in a word, too black too black!
6. Bitcoin mining is a process of using computer hardware to do mathematical calculation for bitcoin network to confirm transactions and improve security. As a reward for their service, miners can get the Commission included in the transaction they confirm, as well as the newly created bitcoin. Mining is a professional and competitive market. The bonus is divided according to the amount of calculation. Not all bitcoin users mine, and it's not easy to make money from mining

the popular point is to use the computing power of your computer to solve mathematical problems, and then give you a certain amount of bitcoin in return
bitcoin mining has gone through three stages: CPU, GPU and ASIC. At present, bitcoin mining needs professional ASIC mining machine. At present, Avalon and butterfly laboratory are more famous mining machinery manufacturers in the market, but American butterfly laboratory likes to evade tickets. Avalon has proced the first ASIC miner in the world. At present, Avalon's third generation chips have been put into the market, and avalon3 miner is about to enter the market.
7.

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:

shortcomings

first, the vulnerability of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities

Second, the transaction confirmation time is long. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed

Thirdly, the price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading

Fourthly, the public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control. But the public doesn't understand, and many people can't even tell the difference between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthless

8. Bitcoin (BTC) is the most popular digital currency in the world. The spread occurred on August 1, 2017. In a "hard fork" event, a new digital currency called bitcoin cash (BCH) was born. Due to version switching, bitcoin blockchain is forked into two independent blockchains. Everyone who owns bitcoin before the fork is entitled to the same amount of "bitcoin cash" tokens, similar to a dividend in a stock
bitcoin cash (BCH) is a new version of bitcoin with different configurations launched by a small number of bitcoin developers. It is a new type of blockchain asset. On August 1, 2017, the mining of bitcoin cash will begin, and each bitcoin investor will have the same amount of bitcoin cash (BCH) in his account
(1) the transmission mode of the two is the same
bitcoin cash and bitcoin are completely decentralized, and the central bank does not issue or need a third party to operate, but the electronic cash is transmitted through the Internet
the previous life of bitcoin cash is bitcoin. Before the bifurcation, the data stored in the blockchain and the running software are compatible with all bitcoin nodes. After the bifurcation, it has little association with bitcoin and becomes a new currency
(2) the block capacity of recording transaction information is different
the block capacity of bitcoin is 1MB, while the segwit of bitcoin cash is deleted, which cancels the limit of 1m block size, supports 8m block size at most, and adheres to the on chain expansion route. It is a blockchain asset generated by bitcoin ABC scheme, which has greater stability and security. It can also support more transactions in a specific time. The size of the first BCH block g up by bitcoin cash has exceeded 1MB
(3) the difficulty of the two algorithms is different
there are 21 million bitcoins at most. With more and more bitcoins being g and less and less remaining, the difficulty of the algorithm becomes more and more difficult. Bitcoin cash adopts the dynamic difficulty adjustment mode, and the proction difficulty will be adjusted with the computing power in the whole bitcoin cash network. The more nodes you join, the higher the difficulty, otherwise, the lower the difficulty. Because bitcoin cash takes a long time to get out of the block, bitcoin cash began to adjust the difficulty of mining on August 8, and improved the speed of getting out of the block
technically, both bitcoin cash and bitcoin's workload proof algorithms are sha256, but the difference is the difficulty adjustment mechanism. The measures taken in the original bitcoin chain are to adjust the mining difficulty once every 2106 blocks are excavated according to the computing power. In order to prevent the situation of insufficient computing power, bitcoin cash adopts the emergency difficulty adjustment mechanism (EDA), which automatically reces the difficulty by 25% if the number of blocks is less than 6 in the last 12 hours
from the point of calculation power allocation: when BTC and BCH use sha256 algorithm together, miners can decide which kind of mine to dig according to the mining income. In the past three months, whenever the difficulty of BCH is reced and the mining income is greater than BTC, the computing power will flow into the BCH chain, which seriously affects the block speed of the two chains
problems faced by bitcoin cash
BCH has been controversial since its birth. The dispute between BCH and BTC, and the contradiction between miners and core may continue. This is caused by the defects in the design at that time. It is a "congenital disease" and the irreconcilable contradiction after birth, which leads to today's inseparable situation. And with the rising price of BCH, this contradiction may be further intensified.
9. Bitcoin cash mining is the same as bitcoin mining, and both use the same computing power. You can use a miner to dig
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