Pool construction

1.

After the computing power of the whole network has been improved to a certain extent, the probability of getting rewards is too low, so that some geeks on "bitcoin talk" can develop a method that can combine a small amount of computing power and operate jointly, and use this method to build websites

in this mechanism, no matter how much computing power an indivial miner can use, as long as he participates in mining activities by joining the mine pool, no matter whether he has successfully mined effective data blocks, he can get a small amount of bitcoin reward through his contribution to the mine pool, that is to say, many people cooperate in mining, and the bitcoin reward is shared by many people according to their contribution

as of January 2019, the top five bitcoin pools in global computing power are btc.com, pool, antpool, flush pool, and f2pool. At present, about 70% of global computing power is in the hands of Chinese miners

extended data:

handling charge:

bitcoin miners will charge a small amount of fees for most transactions, the main purpose of which is to prevent people from sending a large number of boring small transactions and wasting network resources. At present, most of the handling charges for each transaction are & T 3647; 0.0001/kb (0.0001btc / KB). In fact, after 0.9.0, the default handling charge will be reced to & 3647; 0.00001/KB(0.00001 btc/KB)

because the amount of data occupied by most transactions is less than 1 kilobyte, generally speaking, the amount of data is less than 3647; 0.00001 (0.00001 BTC / KB) is enough. At the same time, in the future, when the bitcoin block rewards are less, the service charge will become the main source of miners' income, and the service charge of bitcoin will be related to the number of bytes occupied by the transaction

at present, the calculation standard of service charge in bitcoin system is not mandatory, so users can not give any service charge when the transaction is in progress

however, most miners usually give priority to the transaction with higher handling charges when building data blocks, so that they can get higher remuneration when mining is successful. Therefore, the transaction without any handling charges may take a long time to be processed and incorporated into the blockchain

in addition, e to the block capacity limit of 1MB and the recent increase in bitcoin transaction volume, the handling charges have increased significantly, and the waiting time for the transaction to be confirmed has also become much longer

2. The proction of virtual currency needs a professional team, but if you make a direct currency, there is no wallet, there is no maintenance, and it's just a pure number, it's much simpler, the cost is very low, and a trading platform is thousands of yuan. However, there are serious loopholes in this platform and it is easy to be attacked
if you want to create a virtual currency like bitcoin, Ruitai coin and Qianjin card, you need to make some efforts. First of all, these coins need card method and a downloadable wallet. The application scenarios of this kind of currency have been determined. At the same time, you need to create a secure and reliable trading platform.

3. Because indivial mining is difficult to meet the demand, the global computing power is increasing, and it is difficult for a single device or a small amount of computing power to dig bitcoin again. It is also a combination of a large number of mining machines to form a mine pool. The computing power of the mine pool is very powerful, and it can also ensure that virtual currency can be g more quickly. So how can the mine pool dig? Let's have a look
how to mine a mine pool
the location of a mine pool is also very particular. It's not that a mine pool can be built anywhere, but it needs early-stage capital investment. A mine pool is to combine a single mining machine together. Because of the collection of many miners' computing power, the computing power of the mine pool accounts for a large proportion, and the probability of digging bitcoin is higher. The mine pool will distribute rewards according to the contribution value of each equipment
there are many mines all over the world, and the scale of each mine varies from big to small. Generally, small mines no longer have great advantages. Large mines have many miners for mining. For each miner, he can join any mine or join multiple mines at the same time, The first task of the mine pool is to distribute the income to the miners
(1) PPLNs method
this method gathers the shares g by all miners together. Whenever a certain amount of shares is accumulated (generally 30 million shares), the mine pool will allocate the profits of the previous stage to the miners according to the proportion of contribution
in this way, the income of miners depends entirely on the time needed to dig 30 million shares in the mine pool. If you are lucky, you can dig them in a short time, then the income of miners will be more, otherwise it will be less. In return, the pool charges a 3% tax
(2) PPS mode
for users, the income of this mode is relatively stable
the profit mainly depends on the miner's mining speed. As long as the mining speed is stable, the corresponding profit can be obtained, and the profit is real-time, that is, the mine pool will pay the profit for the miner while the miner is running
obviously, every time a block is calculated, the mine pool has paid for all the miners. If the block fails in the subsequent confirmation link, all the losses will be paid by the pool operator. Therefore, this method reces the risk of the miners, but transfers the risk to the pool operator
therefore, usually the ore pool can charge a handling fee to make up for the possible losses caused by these risks. In this mode, the tax of the ore pool is 7.5%
the above is about how to mine. The difficulty of mining has greatly increased, but the mining army is expanding. If the basic equipment does not meet the standard, it will be difficult to gain in the mining instry, because the value of the virtual currency may not be equal to the price of an equipment, and many miners are not just digging bitcoin, Instead, we choose other virtual currencies to mine.

4. Building a mine pool is not so simple, enough servers, enough computing power

5.

Steps to build a new miner in f2pool fish pond:

1. log in to the official website of "f2pool fish pond" and click the "register" button in the upper right corner

2. fill in the user name, password and email to register. The login mode is "email" + "password"
   

3. after successful registration, an email will be sent to your mailbox, and you can click the link to activate it
   

4. after clicking the link in the mailbox, you will enter the login homepage and enter "email" + "password" to log in
   

5. on the home page, click the drop-down menu of "miner management" in the lower right corner, and click to select the establishment of BTC or LTC miner
   

6. write the name of the miner at will and click the "check sign" to successfully establish the miner< br />

6. Use the sample page in bminer to search for the keyword "use special characters in URI", and you can see the case.

7. Babbitt has a post: using bitcoin and eloipool (supporting stratum) to set up bitcoin mine pool. Eloipool is a mine pool server program based on Python 3 (supporting stratum)

8. It's a service that allows miners to work together to create blocks and split profits. This allows miners to get a steady income, rather than a small probability of getting 50 (now 25) bitcoins at a time