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Mining bitcoin to make money

Publish: 2021-05-23 22:52:07
1. Speaking of bitcoin, it can be hot recently. The Internet is discussing this mysterious currency everywhere, even in the economic journal. Newspapers are discussing the feasibility. Bitcoin is popular among computer geeks. These people are yearning for freedom. It is said that when Nakamoto published his paper, bitcoin has become increasingly popular. Many foreign websites and even shopping have accepted bitcoin payment, but domestic ones are relatively few. The value of bitcoin is relatively high now. It is worth more than 300 US dollars and more than 1000 RMB yuan, which is very attractive. But it is just a stock, which goes up and down. It's more risky than special procts. Please be careful when you enter the trade
today, I'll write down my experience and tools in bitcoin exploration. I'm also a novice. I'd like to share with people who love bitcoin
1. Download your bitcoin e-wallet first. There is bitcoin client on the Internet. It doesn't need to be registered. It is bound to your computer by default. After downloading and installing, it will change your network data block. This is enough. I heard that it is to download all the information of network nodes. It's global. How big should it be? I've updated it for several days and finished downloading the data block
bitcoin client interface:
2. The interface is relatively simple. With this client, you can make bitcoin payment and collection. You can see a string of numbers and letters below by clicking on the circle in the figure below. You can the string and send it to others. If you give the bank card account number to others, they can pay. You can click "send currency" and paste the account number sent by others to pay for bitcoin. There is no third party in this process, So it's safe
3. How to mine is also an important way to proce bitcoin. mining tool is guiminer, it is a green package, that is, folder, do not need security, download it directly decompression can be used, find the icon below, double-click to run
interface:
4. If you have a tool to use, you need to find a good place to proce minerals, that is, a mine pool. Now the output of bitcoin is less and less. If you dig bitcoin, you don't know when and when. If you are a Galaxy series supercomputer, let's talk about it separately. Personal computers can be ignored. There are many mines, But it is known as deepbit, the world's largest mining pool of bitcoin. Its website is
https://deepbit.net/
log in to the website to register an account. Click my account
5, enter my account information, here you can see your miner information, how much bitcoin the account has, C contribution
6, specific settings of my account
1. Enter the address where you accept bitcoin in the box. Don't write it wrong, or you'll be digging for nothing, as mentioned in the picture and text above
2. Minimum value of automatic payment:
set by yourself. When you have so much money in the mine pool, this website will automatically type the money to your bitcoin account address set above. You see, the above settings are important
3 set miners, click Create
New
vorker, Chinese is to create new miners, miners can help your mining workers, you can set more than one, and then excavate in a lot of computers, the effect is more obvious, the income is more rich
write freely on the name, to write in English, foreign things better write in English
write the password by yourself, don't write it too long, it's simple, it's not important
failure detection threshold
(1-3600
minutes):
just write 60,
when the miner doesn't work, send an email notice*<
: choose not decisively, refuse spam,
payment method: choose decisively, pull according to proportion, pay more for more work, which is in line with human development
click the last point
Sava
setting
to save your miner and return to see your miner's information
7. Fill the miner information into the mining tool guiminer,
file - & gt; new
opencl
miner-> Fill in your favorite name - "sever" select deepbit - "user name to fill in the miner's name. Remember to add the miner to your mailbox in the form of your registered account. There is a password on it, you know. Device
is to choose what hardware you use to work, usually with a graphics card. Select the graphics card you want to use. If you can't find it, remember to update the graphics card driver, Then start
mining. You can sit and wait for ore collection. The specific speed depends on your computer configuration
note: there are many ore pools and tools, but I won't introce them to you, just because I use what I said above. Whoever uses knows, there will be a place to speak, and I may not understand others. Be careful, the electricity bill is not enough. If you really have it, you can buy and sell bitcoin on China bitcoin network and exchange it for real gold, right.
2.

It's about 37 yuan


let me first introce the reward mechanism of bitcoin system


bitcoin can basically dig out a block every 10 minutes through system settings. The reward for each block is given to the miners who dig out the block. The miner who digs out the block is called the block miner. The block miner will record the legal transactions in the bitcoin network to the blockchain, so that the miner can receive the service charge for bookkeeping


there are two parts in the reward for the block Miner: one part is the reward given by the system, which is called coinbase reward (also known as system issuance reward), the other part is the reward for bookkeeping, which is called miner's fee. The coinbase reward started with 50 bitcoins. For every integral multiple of 210000 blocks, the coinbase reward will be halved. This is what we often hear about bitcoin mining reward halved in four years


at the present stage, the reward of coinbase is 12.5 bitcoins. At the present stage, the average transaction miner fee received by miners for digging out a block is about 0.1 bitcoin (not fixed), that is to say, the average reward received by miners for digging out a block is about 12.6 bitcoin


about 99% of miners' rewards come from the system's coinbase rewards. According to the bitcoin system, one block can be g out every 10 minutes on average. The number of new blocks that can be g out in one day is 144 (60 * 24 / 10 = 144). At present, the number of bitcoins that can be g out every day is 1800btc (144 * 12.5btc = 1800btc). With the miner's fee of about 0.1btc per block, the total reward for all miners in one day is about 1814.4btc


3. Now it's not very profitable. In 12 years, the price of bitcoin was about 1000 +. With personal PC, we could dig more than one coin a week. The current currency price is about 20000 yuan
Development:
1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. West Virginia Democratic Senator Joe; On February 26, 2014, Joe Manchin issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China.
4. Bitcoin mining is relatively complicated. In short, if bitcoin is gold, then mining is like gold panning. It is just to obtain bitcoin through the computing power of the computer, and obtain the unique wallet stored in each node. The money in the wallet can be transferred to the trading platform for trading and sold for cash.
5. The price of bitcoin has gone up abruptly, and the old miners who left the mine have begun to return. Many new people have also poured into the mining instry. However, the price has gone up, and the difficulty of mining bitcoin is also rising. How can we make money from mining now
- - talking about the mining cost of bitcoin -
the first thing to consider is the cost if you want to make money. If the profit is greater than the cost, it is worth doing. We all know how much bitcoin costs, so let's calculate the cost
1. Mining machine cost: the "number" of bitcoin is a problem-solving process, which can't be calculated by human brain alone. Therefore, mining people need to buy mining machines and keep calculating. The more mining machines, the stronger the computing power
2. Electricity charges: mining machines are big consumers of high power. How much electricity does it consume? Let's put it this way. At present, the electricity consumption of bitcoin and Ethereum mining has surpassed Jordan, Iceland, Libya and other small countries, ranking 71st among all countries and regions in the world. You want to cry when electricity is expensive
3. The rent of the place where the mining machine is placed: because the mining machine consumes a lot of electricity, the power supply load of ordinary residential buildings can not be guaranteed at all, so the mining must rent a commercial site separately, and the rent is much more expensive than that of ordinary residential buildings
4. Operation cost: in order to ensure the computing power, the high-power mining machine needs to work 24 hours, which requires someone to maintain it at any time. When the mining machine is in trouble, the cost of hiring someone is required; At the same time, the mining machine is very delicate. If it is too hot or too cold, the vegetables will be stopped. Therefore, the measures of cold air and cold water insulation are needed to help the mining machine run. This is another expense
5. Mining machine update cost: because bitcoin is becoming more and more difficult to dig, the machine that was able to dig a month ago may not be able to dig anything today, and the market will also launch mining machines with greater computing power. The original mining machine is not worth money immediately. If you want to maintain computing power, you need to buy mining machines again
the above bitcoin mining costs all have a marginal effect, that is, the larger the volume is, the lower the corresponding cost will be. Therefore, some super large mines have been built
bitcoin g in the mine will enter the mine pool and be distributed by all participants. Large mines will be built in places where labor and electricity are cheap, such as Venezuela, the legendary miner's paradise, or Iceland, where the climate is favorable and electricity is cheap
as for the cost, everyone will be different. Let's take a look at an average: in 2017, according to the data of elite fixtures, a research institution, Venezuela is the cheapest of 115 mining countries, which is 513 US dollars, while South Korea is the most expensive, which is 26170 us dollars
China's mining cost is US $3172, which is relatively low among 115 countries. However, the cost is an average value. Large mines with low electricity prices must be much lower. If you are a lone ranger, the cost will rise sharply
in a word, if you really want to make money by mining, first of all, unless you are rich enough to build a mine with thousands of machines, you'd better join a mine to dig together. Although you have to share the money, it's still appropriate in the long run because it can greatly rece costs and improve computing power
secondly, whether you dig by yourself or join the mine, you must choose the place with low electricity cost, and the city with abundant hydropower resources is preferred, because hydropower is the cheapest source of power generation in China at present.
6. It's very simple. It can be sold directly in the legal currency trading area
7. The state should introce DCEP.
8.

There are risks

on the one hand, the Internet real name system can become the "iron broom" to sweep away bad information, on the other hand, it will make all Internet platforms become "fat meat" in the eyes of hackers, increasing the risk of personal information leakage of Internet users

according to the analysis report on the situation of personal information leakage from websites in 2016 released by 360 patch day vulnerability platform in March 2017, 58.5% of the website vulnerabilities in 2016 will lead to the leakage of real name information, 62.4% of the website vulnerabilities will disclose behavior information, and the number of possible leaks can reach 4.23 billion and 4.01 billion

according to insiders, hackers often get users' registration information on Internet platforms and sell it to lawless elements by "scanning numbers and colliding libraries", but many platforms still lack effective defense measures against this "colliding library attack"



extended data:

holds up the "umbrella" of personal information for real name netizens

the major Internet platforms graally improve their own defense systems from both technical and regulatory aspects to prevent hacker attacks from leading to user information leakage. It is understood that a security team has been set up on an Internet shopping platform to discover high-level persistent threats on the internal network based on the security risk detection and identification of network security attacks, mine and detect phishing websites targeting buyers and businesses, and deal with them in a timely manner

the relevant departments of the state have successively issued various laws and regulations to ensure the information security of Internet users

"China's" decision on strengthening the protection of network information "," tort liability law "and its judicial interpretation and a series of legal provisions have repeatedly stressed the issue of personal information security. It can be seen that China's network information security and personal data security have been raised to the highest level of the country, and strict legal proceres and clear legal authorization are required for the use and collection of personal information. "

Zhu Wei, deputy director of the communication law research center of China University of political science and law, believes that under such a background, the comprehensive establishment of the real name system can actually strengthen the personal information security protection of users

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