BTC mining in Myanmar

1.

Now buy 120g mining machine, bitcoin at the current price, can do back to the original, it's very good. Bitcoin (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

expansion:

1. In 2013, the U.S. government recognized the legal status of bitcoin, which led to a sharp rise in the price of bitcoin. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. On February 26, 2014, Democratic Senator Joe Manchin of West Virginia issued an open letter to a number of regulatory authorities of the federal government of the United States, hoping that relevant institutions would pay attention to the status quo 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

2. On January 11, 2017, the Shanghai headquarters of the people's Bank of China and the Shanghai financial office carried out on-site inspection of bitcoin China, focusing on whether the enterprise carried out credit, payment, exchange and other related businesses without permission or license; Implementation of anti money laundering system; Fund security risks, etc. On January 12, 2017, the business management department of the people's Bank of China also entered the trading platforms such as "fire coin net" and "currency bank" in Beijing

3. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. 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 money 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

warm tips:

1. The above contents are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: February 9, 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

4. It doesn't have to depend on the overall performance of the equipment you buy. Some machines have high computing power but high power consumption, while others have high computing power and low power consumption but high price of mining machinery. Take the current Avalon miner as an example: Avalon 2 but mole 1t miner set price is 14000, which can dig 0.1 bitcoin a day, and the power is 1400W. Avalon 2 miner mole (chip frequency 1300mh / s) costs 2200200g computing power, 1000W, and gains 0.02 bitcoin a day.

5. At present, the most popular way of bitcoin trading is contract trading. According to the rise and fall of the price, it is far better to obtain income than the traditional mining and direct trading. After all, there is no need to really hold virtual currency, just need to judge whether the price is up or down, which is very suitable for the existing investors, simple and convenient

6. The traditional mining is to dig bitcoin and other mainstream currencies, but now there are many more al mining platforms. Generally speaking, it is to dig mainstream currency + platform currency. In fact, al mining mainstream currency + platform currency is the future of the investment platform. With the development of the platform in the future, users can enjoy the value-added benefits brought by the development of the platform. Now Renren mining flat Taiwan dollar BBC has been listed on the ZG exchange, The profit of double mining has far exceeded that of single mining. Renren mine is a large-scale platform in China, and the number of physical mining machines has exceeded 100000 a while ago. Renren mine is a very potential platform, so double mining is possible.

7. No country in the world recognizes bitcoin as legal, mining casually, trading is illegal!

8.

Recently, the price of bitcoin continued to rise, reaching a maximum of US $41000. According to Mr. Liu, the manager of the mine, recently some customers have asked for additional orders, but the output of the mining machinery manufacturers is insufficient and they can't get a large number of mining machinery. Now they have to wait five months or more. Most of his customers have increased their positions in the middle of this year. At present, the prices of mainstream mining machines vary from 30000 to 60000, Mining takes about 12 months to recover the cost

therefore, if people really have mining ideas, they should not be dazzled by the impulse of the moment, and they should try to do it slowly. Today, the price of bitcoin continues to rise, largely because many mainstream investment institutions or investors begin to be interested in digital assets and begin to hoard bitcoin

bitcoin investment has great risks, the phenomenon of sharp rise and fall is not uncommon, and there are not a few people who have lost all their money. Therefore, it is not advisable to follow blindly and keep calm in investment

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extended data

bitcoin plummeted by more than 10%:

earlier on January 11, bitcoin once fell to $37000 / piece, the lowest to $35141, and the biggest drop in the day was more than 10%. According to the data of bitcoin home.com, the amount of burst positions in the past 24 hours reached US $1.165 billion (about RMB 7.530 billion), and a total of 115138 people burst positions within 24 hours

for the sudden drop, some netizens said: "what should come will come.". Cautious investors said that such a high position, I first clearance, short about

9. First, we need to find a stable bitcoin mine pool which is easy to operate, and then connect to the designated server to mine through the mining client software. Take "BTC guide" website as an example. First open this website and click the user registration on the left. The registration process is relatively simple. You can enter the English user name, password and confirmation password

2 after successful registration, we will see a message like "your account has been successfully registered and logged in!" on the web page, It means that we have successfully registered and logged in

3 we can click the "dashboard" button in the upper left corner to see the whole monitoring status of the account
note: in this monitoring dashboard, we are most concerned about "total earnings", which is the bitcoin earned by our current account. In the future, as long as we open the website and enter the monitoring dashboard, we can see the relevant information of our account
4 next, please click "Settings" in the navigation bar of the page. In the settings page, we can set the e-mail address, bit wallet address, change the password, etc.

5 if we set the e-mail address in the account, if we forget the password or steal it in the future, we can restore the password through the set e-mail. First, enter our common email address in the "email address" column, and then click the "change" button

6. Next, a confirmation email will be displayed on the page to confirm that it has been sent to our previously set email

7. Then we open our email and find the email sent by BTC guide. Click the confirmation link, and then the page will show that our email has been successfully set

8. If we set email in the account setting, we can also set email notification for the behavior of mining miners. Find the "idle warnings" column on the setting page, click the drop-down list, select the time when you want to send the email, and then click the "change" button on the right. When we set 10 minutes later, if a miner stops mining, the system will automatically send a notification email to our email after 10 minutes. After receiving the email, we knew that the miner was on strike

9 in addition, we are more concerned about the "bitcoin wallet", that is, the wallet address. You don't need to set this address first. It's not too late for me to fill in when I really get bitcoin

10 after the account is set up, we need to set "worker". What is a worker? This is the login account name we will use later on the bitcoin mining client. The system will create a miner name for us by default. The miner name is composed of our registered account name, an underline and a number. For example, our registered account is XXX, and the first miner's name is "XXX"_ 1 "
11 if we want to set multiple miner names, enter a number such as" 2 "in the" create worker "column, and then click the" create "button to add a new miner's account name

12 in the worker settings page, we can also set the mining payment mode of the mine account separately. Payment method, i.e. mining payment method. There are two types to choose from, PPS and PPLNs. The difference lies in the mining mode and handling charge. The handling charge of PPS is 7.5%, while that of PPLNs is 3%. The system adopts PPLNs by default. If you want to change it, please click the "change" button under the payment method
13 in addition, we can also choose the difficulty of mining mode. If our computer has multiple graphics card GPUs or some special machines, we can set the miner's account name under the minimum difficulty

Step 2, download the mining client software
1 after we complete the registration setting, Next, please click "support" in the page navigation menu, and we will see the download link of the client< There are two types of mining client software:
bfgminer: command line operation interface, which can be downloaded directly
cgminer: it is also operated in the command line format, but the download steps are too complicated
let's take bfgminer as an example and click download as shown in the figure
2 then it will jump to the download page of mining tools. There are two formats of mining tools, one is 32-bit system, the other is 64 bit system. According to the number of system bits, download the corresponding tool version

3. The client size of mining tool is less than 5m, which is a zip compressed file. When the download is complete, locate and open the file. Click the right mouse button and select the "" option
4 here, I take paste extraction to the desktop as an example
Step 3, mining client software detailed settings
1 after opening the mining directory, double-click to open the "bfgminer" file under the directory
2 next, look at the BFG minier window and enter the address of the mine pool at the URL. The pool address can be seen in the BTC guide's support page, such as stratum. Btcguild com:3333 , press enter key
3, and then enter the miner's name set on BTC guide website after the user name, press enter key
4, and then enter at will in the password, as shown in the figure
5. Finally, you can see that many numbers are changing, It means mining. It is worth noting that the places marked in the figure indicate the speed of the current machine button
6 in addition to the current mining speed on the mining client software, we can also see the specific mining speed of each miner in the "active worker summary" list on the "dashboard" page of BTC guide website
7 If you want to close the mining tool, you can directly x drop it, You can also directly press the Q key to exit. If you want to open more, you can open another mining tool in the BFG miner directory< Step 4: cgminer command line client software
1 if you really want to mine, the official recommends that we use "cgminer", that is, to run it at the command prompt. Click "support" on BTC guide page, then click "cgminer" download link page, select the corresponding system version
2, then jump to cgminer download page and click the link as shown in the figure
3 and then select a version of cgminer. Here I download a Windows version as an example.
4 take the Windows version of cgminer as an example. After the download, unzip it to the computer.
5 open the cgminer directory, find "cgminer"
6. Double click "cgminer" with the mouse, and a command-line window will pop up, prompting us to enter the URL address of the connection server. Enter "stratum. Btcguild com:3333 ”, press the Enter key on the keyboard
7, and then prompt us to enter "user name", that is, the account name of the miner. Press the Enter key on the keyboard

8, and then enter the password. Press the Enter key on the keyboard

9, and wait for a moment, When the client and the service establish a connection, the machine will start mining

10 to quit mining, please press the "Q" key on the keyboard in the window
tools / raw materials
PC with independent graphics card
precautions
if you are using cgminer, the graphics card must support the display of general computing standard, otherwise you will not be able to mine.