F2pool of bitcoin mine
mining is perhaps one of the most important components of the bitcoin ecosystem. Miners need to solve complex mathematical problems, so as to ensure the smooth implementation of the transaction. These problems are so complex that they are difficult to solve even for extremely powerful computers. Computers need work and luck to solve these mathematical problems, just as miners dig underground. The chance of solving this problem correctly is about one in 13 trillion
bitcoin mining has two purposes. Firstly, by solving mathematical problems, bitcoin miners can verify the transaction information, so as to ensure the security and reliability of bitcoin payment network. Miners are the people who ensure that transactions are accurate and that there is no "double payment."
Secondly, when the computer solves these complex mathematical problems on the bitcoin network, the system will generate new bitcoin, which is similar to the process of mining gold from the ground. The reward is called "block reward", and after the event called "halving", its amount will be periodically halved. The newly discovered concept of bitcoin is an important part of bitcoin protocol. The bitcoin obtained by the miners is brand new and has never been in circulation beforesince miners will eventually sell the bitcoin, it is also an important source of supply and liquidity. As chainalysis reports, many digital currency exchanges rely on miners to receive bitcoin and increase their liquidity. Typically, exchanges get about 88% of bitcoin from other exchanges, and bitcoin miners are the largest source of the remaining percentage. As you can imagine, there is fierce competition between exchanges to receive bitcoin directly from miners
further enlarge the map, most of the mining activities are only carried out in four provinces, the first two provinces are Xinjiang and Sichuan, accounting for nearly half of all bitcoin mining in China. Electricity prices are cheap and the weather is cold in these areas. This helps to keep mining profits and equipment cool ring the 24 / 7 operation and maintenance period of bitcoin mining
but this is nothing new for digital currency issuance. For many years, China has been a major market for bitcoin miners e to its cheap electricity and abundant resources. Bitmain, f2pool and Canaan are all located in China
whether this is a negative or positive message depends on your point of view. But for decentralized, distributed, unlicensed networks, geographic regions across multiple entities are more healthy for the entire ecosystem
there has been no major safety accident in the fishpond f2pool. In addition, 51% of the problems often occur in large foreign mines, which also gives the fishpond f2pool opportunities for rapid development. They are all people in the circle, and they also work as information websites and have a wide range of contacts.
Steps to build a new miner in f2pool fish pond:
-
log in to the official website of "f2pool fish pond" and click the "register" button in the upper right corner
-
fill in the user name, password and email to register. The login mode is "email" + "password"
-
after successful registration, an email will be sent to your mailbox, and you can click the link to activate it
-
after clicking the link in the mailbox, you will enter the login homepage and enter "email" + "password" to log in
-
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
-
write the name of the miner at will and click the "check sign" to successfully establish the miner< br />
2. Fill in the user name, password and email to register. Please do not forget the email. The login method is "email" + "password"
3. After successful registration, an email will be sent to your email. Please click the connection to activate
4. After clicking the address, you will go straight to the landing homepage. As there are no miners working., So the curve in the middle is a smooth straight line
5. Click "miner management" and the drop-down menu in the lower right corner to establish BTC or LTC miner
6. After writing in the miner's name at will, click the right "check sign", that is, the miner is successfully established
7. After setting up the miner, set the BTC address of the miner's pool connection address, write in the miner's name, and then start mining after saving
8. Set the collection address, that is, which wallet to put bitcoin into after mining every day. After setting, click "modify" to save the new collection address. Note: if you click "lock", the wallet address will be saved permanently and cannot be modified again.