Can panda mining machine dig other mines
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
the biggest advantage of using hayu mining pool is that as long as you connect to the mining pool, you can use the mobile app to monitor the mining machine, withdraw cash every day, and the number of users has been increasing, and there are online customer services to answer any questions you have!
because the probability of a single miner digging a block is very small, after all, it takes a lot of computing power to dig a block in 10 minutes. Even if there is such a large amount of computing power and the ability to dig, there are many competitors. So it becomes a game of 0 and 1. And the emergence of the mine pool is to break the 0 and 1 play. The computing power of a mine pool is a collection of many miners' computing power, which is far more likely than fighting alone. Every time you dig a block in the mine, you will be rewarded to the indivial according to the percentage of the calculation power of your mining machine in the total calculation power of the mine, and there will be no unfair situation.
moreover, DF mine has reached a full range of cooperation with filsky mine, the champion node of filecoin, which can be said to have a real mining machine mine center.
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the cost of a mine includes construction cost, equipment cost, maintenance cost, network cost, etc. The maintenance cost includes the cost of electricity and manpower, which is why we will build the mine in a place with relatively low electricity charges. The payback cycle of a bitcoin miner is related to many factors, such as policy, technology, currency price, computing power, maintenance status and so on. It generally takes 200-300 days to payback. But as the market fluctuates, so does the cycle
with the mine, let's talk about the mine pool. As more and more people are now engaged in mining, more and more mining machines and mines are added, and the total power is growing. In this case, the probability of a single miner digging into bitcoin is getting smaller and smaller. So, people came up with a way. Since mining machines can't do it alone, we can combine mining machines to compete with other mining machines in the world - the collection of computing power of mining machines is the so-called mine pool. In this way, the probability of mining can be greatly increased. When bitcoin is g, corresponding rewards will be given to each miner according to its contribution to the total computing power
the concept of mine pool is more abstract than mine field. The ore pool can be a collection of several mining machines, or a collection of computing forces of mining machines in a number of mines. For example, when it comes to a mining pool in China, the mining machines connected to the pool include both Chinese and foreign mining machines, which are distributed according to work regardless of region.
According to the current difficulty, we can dig about 0.01584 bitcoins a day. Of course, the final result of each mine is not the same, but it will be very close
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items