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The difference between BTC whole network computing power and com

Publish: 2021-05-22 08:11:51
1. 1. bitcoin adopts a decentralized mechanism. The so-called creator coin digging process is actually a block process obtained through mining machine computing power and time. The bitcoin in the new block will decrease with the increase of global computing power. So, the coins that are not owned by the creator are bitcoins that you haven't g or g out, which haven't been proced yet
2. If no one mines, there will be no computing power and no block, so bitcoin will not be proced naturally. The current situation is that with more and more people mining, more professional mining machines and more computing power, the 2100W bitcoin set will be fully mined in 2140.
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. Of course, it is awesome to be able to get on the cloud.
4. Computing power refers to computing power. In the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on computer random hash collisions. How many hash collisions can a mining machine do per second is the representative of its "computing power", Unit is written as hash / s, which is the so-called workload proof mechanism pow (proof
of
work)
What does 1p mean
first of all, 1p computing power is equivalent to about 1.05 million g, which means that if you have 1g computing power of the whole network, you can get almost 1.05 million of bitcoin output of the whole network. According to the output of 3800 bitcoins per day, we can see that the daily income of 1g of computing power has dropped to 0.0036 bitcoins, which is about 2.7 yuan according to the current market price. If the electricity cost and mining machinery hardware cost are included, the profit is almost gone
secondly, 1p's whole network computing power seems amazing, but in fact, in a year's time, you will think it's just a pediatrics, because cointera will launch 2p miner in December, and bitmine will launch 4P miner in March next year. If these companies are not put in biochemical weapons by Syria, it should be expected that bitcoin's whole network computing power will reach more than 10p in a year's time, By then, 1g of computing power will only be able to dig 0.00036 bitcoins a day.
5.

computing power refers to computing power, refers to that in the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on computer random hash collisions. How many hash collisions can a mining machine do per second, is the representative of its "computing power". The unit is written as hash / s, which is the so-called proof of work mechanism (POW)

6.

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

7. 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.
8. 0.03 bitcoin, about 17 yuan
9. In fact, people will not let such a thing happen, because once someone controls 51% of the computing power of the whole network, the security and non tamperability of the system will be invalid, then the decentralization system of bitcoin will collapse, and the price of bitcoin will plummet or even return to zero, which is bad news for the participants of the whole network. Therefore, we will spontaneously control the distribution of computing power in the whole network, so as not to let one company dominate. Even when many people find that the computing power of a certain mine is too large, they will take the initiative to withdraw from the mine. Now the most powerful mining pool in the whole network accounts for about 25% of the whole network.
10. Computing power (also known as hash rate) is a measure of bitcoin network processing power. That is, the speed of computing hash function output for computer (CPU). Bitcoin networks must perform intensive mathematical and encryption related operations for security purposes. For example, when the network reaches a hash rate of 10th / s, it can perform 10 trillion calculations per second

in the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on the computer's random hash collisions. How many hash collisions can a mining machine do per second is the representative of its "computing power", and the unit is written as hash / s, This is the so-called proof of work mechanism (POW)

recently, bitcoin's network computing power has entered the era of P computing power (1P = 1024t, 1t = 1024g, 1g = 1024m, 1m = 1024k). In the ever-increasing computing power environment, the arrival of P era means that bitcoin has entered a new stage of arms race

computing power is a measure of the total computing power of the unit that generates new blocks under certain network consumption. The single blockchain of each coin varies with the time required to generate a new transaction block.
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