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Bitcoin mining power and mining machine

Publish: 2021-05-17 00:14:33
1.

bitcoin mining machine is the computer used to earn bitcoin

mining software is the algorithm of bitcoin

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 specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation

the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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

extended data:

bitcoin has the following six characteristics

1. Decentralization: bitcoin is the first distributed virtual currency, the whole network is composed of users, and there is no central bank. Decentralization is the guarantee of bitcoin's security and freedom

2. Worldwide circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself

4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution

5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay

6. Cross platform Mining: users can explore the computing power of different hardware on many platforms

source of reference:

network bitcoin mining machine

network bitcoin

2.

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. It is one of the ways to get bitcoin that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server

mining is actually a competition of performance and equipment, and a competition of computing power among miners. Miners with more computing power are more likely to dig bitcoin. With the increase of computing power in the whole network, it is more and more difficult to dig bits with traditional devices (CPU, GPU). People have developed chips specially used for mining. Chip is the core part of mining machine. The process of chip operation will proce a lot of heat, in order to cool down, bitcoin miner is generally equipped with heat sink and fan

< H2 > extended materials:

bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce

bitcoin mining started with low-cost hardware such as CPU or GPU, but with the popularity of bitcoin, the mining process has changed greatly. Nowadays, the mining activities are transferred to the field programmable gate array, and the hash speed can be achieved through optimization. The mining efficiency of this mode is very high

3.

Bitcoin uses SHA-256 encryption algorithm. When mining, it competes with computing power. In order to improve computing power, bitcoin has gone through four stages: CPU mining, GPU mining, FPGA mining and now ASIC mining machine mining, and the degree of specialization is getting higher and higher

Ethereum uses the ethash encryption algorithm. In the process of mining, it needs to read the memory and store the DAG file. Because the bandwidth of each read memory is limited, and the existing computer technology is difficult to have a qualitative breakthrough in this problem, so no matter how to improve the computing efficiency of the computer, the memory read efficiency will not be greatly improved. Therefore, in a sense, Ethereum's ethash encryption algorithm is ASIC resistant.

different encryption algorithms lead to great differences in mining equipment and computing power between bitcoin and Ethereum

at present, bitcoin mining equipment is mainly ASIC mining machine with a very high degree of specialization. The maximum computing power of a single mining machine is 110t / s, and the scale of computing power of the whole network is more than 120eh / s

the main mining equipment of Ethereum is video card miner, and there are very few specialized ASIC miner. On the one hand, the "ASIC resistance" of Ethereum mining algorithm improves the threshold of developing ASIC miner. On the other hand, after Ethereum is upgraded to 2.0, the consensus mechanism will be transformed into POS, and the miner can not continue mining

compared with the ASIC miner, the graphics card miner has two orders of magnitude difference in computing power. At present, the computing power of mainstream graphics card miner (8 cards) is about 420mh / s, and that of Ethereum is about 230th / s.

from the time dimension of the past two years, bitcoin's computing power of the whole network is growing rapidly, while Ethereum's computing power of the whole network is growing relatively slowly

The ASIC mining machine of

bitcoin is monopolized by several major mining machine manufacturers, and miners can only buy it from the market; Although the graphics card miner of Ethereum is also manufactured by a special miner, the miner can buy accessories from the market and assemble them according to his own demand

4. Bitcoin mining machine is one of the ways to get bitcoin. Any computer can become a mining machine, but the benefit will be relatively low. It may not be able to dig a bitcoin in ten years. Many companies have developed professional bitcoin mining machines, which are equipped with special mining chips, and their computing speed is tens or hundreds of times higher than that of ordinary computers. From the initial CPU to the graphics card to the special bitcoin miner, bitcoin mining is very difficult now. Many people choose the mine pool, which is very power consuming and noisy
IPFs was just started in 2018, and it started to be popular in 2019 recently. Because the main network has not been officially launched, it has not been possible to start formal mining. However, many people have started to reserve hard disk mining machines now, because it is cheaper now. For example, the interstellar Aoyun is a more popular one. It is estimated that it will have to go up a lot at that time
IPFs miner is more environmentally friendly than bitcoin miner. It uses hard disk to mine, so the noise and power consumption will be greatly reced. Moreover, hard disk is not easy to depreciate, so the cost of participation will be relatively low.
5. Different from bitcoin mining, IPFs mining does not require high electricity charges, but has certain requirements for network bandwidth and stability. Therefore, if IPFs mining machine wants to give full play to its functions, it also needs supporting "mines" and large-scale cluster mining. You can go to Renren mine website to learn about IPFs mining.
6.

At present, bitcoin needs to be g by professional mining machines. The global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin

according to the current speed and the number of bitcoins, it will take three months to get a bitcoin if a computer is kept in a 24-hour state of operation

extended data:

because the current bitcoin mines use special bitcoin mining machines to mine. The computing power of an ant S9 miner is 13.5th/s, which is equivalent to the sum of the computing power of 7500 1080ti graphics cards. A medium-sized mine has hundreds of such miners

the instry of bitcoin is not very good either, so you'd better not dream of becoming rich overnight with bitcoin. Now many countries have issued policies to suppress the rise of bitcoin prices. Some countries even refuse to dig bitcoin. Many bankers and economists are disgusted with the emergence of bitcoin

7. The ant S9 proced by bitmainland is the most mainstream mining machine on the market, which is famous for its low power consumption and high output. Ant mining machine S9 adopts TSMC's 16 nanometer FinFET process. TSMC comes from the agent factory of iPhone chip, and ant also applies the full custom design scheme on S9. So, this makes S9 have super computing power upgrade, let mining efficiency is higher. S9 adopts the latest generation chip bm1387 (189 chips in total), and the computing power of a single chip reaches 74gh / S. in terms of power consumption, S9 maintains at 0.08w/gh/s. (the power consumption is 0.08w/gh/s at 0.4V core voltage, and the power consumption per T computing power wall is only 100W, which is only 2.4 kwh per day. Rated calculation force: 13.5th/s ± 5%

Xuebao miner A1, miner chip is the core of miner. It is said that bitmine is the source of the whole bitcoin miner instry. Bitmine has its own powerful chip technology as early as the end of 2013. Of course, it also benefits from the joint cooperation and efforts of bitmine and other companies, and Xuebao miner is their own proct. A1 is the world's first customized mining machine, equipped with ASIC chip (bf16btc), the number of chips is as high as 576pcs, the computing power of a single chip is 84.1gh/s, and the overall computing power is as high as 49th / s ± 5%

Z4 adopts Intel al core [email protected] Cup, mining power is 265mh / S (ETH), equipped with independent graphics card 570x8, has 9 fans, and the radiator adopts Intel original radiator, power supply: station flag 2000W power supply, voltage: 12.4-12.6v.
8.

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

9.

bitcoin mining machine scam is to make money by leasing or selling mining machines

the so-called "mining machine" refers to the computer that installs and runs specific software and algorithms. As we all know, bitcoin can only be obtained through long-term running algorithm of computer, and the total amount is limited. Therefore, some manufacturers have launched specially designed and optimized computer procts, known as "mining machine"

in January 2018, a mining computer named "Kodak kashminer" appeared at the international consumer electronics exhibition in Las Vegas, which aroused people's attention. But now critics point out that the mining machine plan is actually a fraud, and the publicity for profit is also false

precautions:

1. The general computer configuration of bitcoin household can not meet the requirements of bitcoin miner, so it is difficult to earn the electricity cost of a day

2. If you have to use bitcoin mining machine to dig coins, it is suggested to choose a reliable and legal platform to go more steadily. In the legal platform mining, the daily income can be seen, and a certain amount can be withdrawn

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