What do they do with computing power
computing power is a measure of bitcoin network processing power. That is, the speed at which the computer calculates the output of the hash function. 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 computer 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 called workload proof mechanism pow
computing power provides a solid foundation for the development of big data, and the explosive growth of big data poses a huge challenge to the existing computing power. With the rapid accumulation of big data in the Internet era and the geometric growth of global data, the existing computing power can no longer meet the demand. According to IDC, 90% of the global information data is generated in recent years. And by 2020, about 40% of the information will be stored by cloud computing service providers, of which 1 / 3 of the data has value
therefore, the development of computing power is imminent, otherwise it will greatly restrict the development and application of artificial intelligence. There is a big gap between China and the advanced level of the world in terms of computing power and algorithm. The core of computing power is the chip. Therefore, it is necessary to increase R & D investment in the field of computing power to narrow or even catch up with the gap with the developed countries in the world
unit of force
1 KH / S = 1000 hashes per second
1 MH / S = 1000000 hashes per second
1 GH / S = 1000000000 hashes per second
1 th / S = 100000000000 hashes per second
1 pH / S = 100000000000 hashes per second
1 eh / S = 100000000000 hashes per second
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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.
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)
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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.