Mine pool steals power
this is mainly e to the 51% attack, because before some of the world's well-known mines, e to the low rate and convenient use, many miners went to those large mines to mine. As a result, the computing power of the mines soared, approaching or even exceeding 51% of the global computing power many times
bitcoin community has also raised a big discussion about 51% attack for many times,. The mine pool operators also called on the miners to move to other mines in a responsible manner, and finally 51% of the attacks were solved. Many of China's miners have moved to fish ponds
most of the new miners have joined the fish pond because they don't know about the global mine ponds, and many of the previous mines have died e to poor management
Mine pool refers to:
as the computing level of the whole bitcoin network continues to rise exponentially, a single device or a small amount of computing power can not get the block reward provided by the bitcoin network on the bitcoin network
after the computing power of the whole network has been improved to a certain extent, the low probability of getting rewards has prompted some geeks on "bitcoin talk" to develop a method that can combine a small amount of computing power and operate jointly, and the website established in this way is called "mine pool"
extended data:
the existence of the mine pool reces the difficulty of bitcoin and other virtual digital currency mining, reces the mining threshold, and truly realizes the bitcoin mining concept that everyone can participate in
but its disadvantages are also very obvious, because computing power is connected to the mine pool. As a mine pool, it will have huge computing power resources. In the bitcoin world, computing power represents the bookkeeping right, and computing power is everything. If the computing power of a single mine pool reaches more than 50%, it will be easy to launch 51% attacks against virtual digital currencies such as bitcoin, The consequences are very terrible:
the mine pool can make the mine pool with 49% of the remaining computing power have no harvest, instantly quit the competition and go bankrupt. The mine pool's computing power exceeds 50%. If 51% attack is launched, it will easily occupy all the effective computing power of the whole network
ranking of the account balance (currency holding) of the global ore pool Alliance (multiple accounts may have the same name, but the next place will jump and grow synchronously, as the weight of this part of the issue)
the characteristics of global mine pool alliance are: 1. No lock, no multi-layer and multi generation, only one generation! 2. POS Mining: 3. The wallet is the free miner, the money is the miner, and the withdrawal miner stops mining. 4. There are two mining machines in each wallet, which can obtain the cash holding power and promotion power respectively. 5. Start the counting machine with money when saving money; Promotion is to start the promotion of the calculator. 6, how much money is allocated and how much money is there?