Calculation power of mining machine and ant mining pool
Mine pool refers to:
as the computing level of the whole bitcoin network continues to rise exponentially, a single device or a small amount of computing power can not get the block reward provided by the bitcoin network on the bitcoin network
after the computing power of the whole network has been improved to a certain extent, the low probability of getting rewards has prompted some geeks on "bitcoin talk" to develop a method that can combine a small amount of computing power and operate jointly, and the website established in this way is called "mine pool"
extended data:
the existence of the mine pool reces the difficulty of bitcoin and other virtual digital currency mining, reces the mining threshold, and truly realizes the bitcoin mining concept that everyone can participate in
but its disadvantages are also very obvious, because computing power is connected to the mine pool. As a mine pool, it will have huge computing power resources. In the bitcoin world, computing power represents the bookkeeping right, and computing power is everything. If the computing power of a single mine pool reaches more than 50%, it will be easy to launch 51% attacks against virtual digital currencies such as bitcoin, The consequences are very terrible:
the mine pool can make the mine pool with 49% of the remaining computing power have no harvest, instantly quit the competition and go bankrupt. The mine pool's computing power exceeds 50%. If 51% attack is launched, it will easily occupy all the effective computing power of the whole network
This is the pool share in the past three months:
1. First of all, connect the network cable, plug the network cable into the network cable interface of the mining machine, and remember to plug it tightly. Only when the miner is connected to the Internet, there is no limit to the broadband
extended data
users can buy bitcoin, at the same time, they can also use computers to "mine" bitcoin according to a large number of calculations. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins
e to the decentralized programming adopted by the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
purchase process:
you need to download 58coin app, or log in to the website and purchase according to the page prompts. The whole process is as follows: use usdt to purchase power procts - generate revenue the next day - release revenue on the third day, and the futures order is subject to the revenue date
cost Description:
1. Cost composition: calculation fee + electricity fee + management fee + operation and maintenance fee
2. Electricity fee: calculation power consumption * 24 hours * electricity price 0.38 yuan / kWh
3. Management fee: 6.00% of mining output is collected as management fee
4. Operation and maintenance fee: Calculation power consumption * 24 hours * operation and maintenance fee (0.07 yuan / kWh)
usdt is used to pay calculation power fee when purchasing, and electricity fee, management fee and operation and maintenance fee will be converted from daily income, In the form of BTC
income settlement:
1. Income distribution will be calculated using PPS theoretical income, and the income generated by computing power will be released to bit computing power account in the form of BTC every day
2. The estimated revenue is calculated from the actual operation of the digital asset network and will change dynamically for reference only. The theoretical revenue of the day's computing power can refer to the ant mine. After decting the electricity fee, custody fee and operation and maintenance fee, it is the daily net revenue
Proct termination:
1. Cloud computing power business with a fixed cycle will be terminated upon expiration
2. Perpetual computing power is a one-time buyout, which is theoretically held permanently. If the mining income can not cover the electricity, management, operation and maintenance costs for 90 consecutive days, the service will be terminated, and the user has no ownership of the mining machine
risk tips:
1. The price of digital assets often fluctuates greatly, and the mining difficulty of each currency will be adjusted regularly. If the currency price falls or the difficulty rises, the revenue of each mining contract will decrease. No matter from the perspective of digital assets or legal currency, this service does not guarantee that users can recover the capital. Users need to carefully assess their risk tolerance and invest in digital asset mining within acceptable risk control scope
2. Risk of force majeure and accidents: natural disasters, digital currency market crisis, war, equipment failure, communication failure, power failure, or changes in national policies and other unforeseeable, unavoidable and insurmountable force majeure events may lead to the termination of the trusteeship, the rection of investment income and even the loss of principal. The platform shall not bear any responsibility
3. The power cost and management fee may fluctuate e to the national policy, the actual situation of the mine and the change of the power cost. The platform will reserve the right to adjust the power fee and management fee.
1. First of all, connect the network cable, plug the network cable into the network cable interface of the mining machine, and remember to plug it tightly. Only when the miner is connected to the Internet, there is no limit to the broadband
extended data:
shortcomings
first, the vulnerability of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities
Second, the transaction confirmation time is long. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed Thirdly, the price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading Fourthly, the public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control. But the public doesn't understand, and many people can't even tell the difference between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthless