How many formulas can the difficulty of mining pool dig

1.

According to the current difficulty calculation, we can dig about 1.012 Laite coins a day. This is the average calculation result in the mine pool. If there is an efficient mine pool or solo, maybe more

litecoin (abbreviated as LTC, currency symbol: 321;) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world

lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places

design purpose

it is based on bitcoin protocol, but it is different from bitcoin in that even at the present stage, it can efficiently "mine" through consumer hardware. Liteoin provides you with faster transaction confirmation (2.5 minutes on average). It uses hard memory and mining workload proof algorithm based on scrypt (an encryption algorithm). It is oriented to ordinary computer and graphics processor (GPU) used by most people. The litecain network is expected to proce 84 million currency units

one of the design purposes of litecoin is to provide a mining algorithm, which can be run simultaneously on the bitcoin mining machine. With the rise of application specific integrated circuits (ASIC) designed for bitcoin mining, litecoin is also closely following the technological evolution. But before the widespread use of litecoin currency, it is unlikely that there will be an application specific integrated circuit (ASIC) specially designed for litecoin

related website community

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official website of litecoin

official forum of litecoin

lightcoin China community

transactions

a peer-to-peer network similar to bitcoin handles lightcoin transactions, balances, and issues through a script workload proof scheme (when a sufficiently small hash value is found, the, A block will be created, and the lightcoin will be issued. The process of discovering the hash value and creating the block is called "mining"). The issuing rate of Leyte coins is reced by half every four years (every 840000 pieces) according to the proportional sequence, and finally the total number of LTCs is 84 million. Unlike bitcoin, the memory intensive feature of script makes it more suitable for "mining" with graphics processor (GPU). FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are more expensive than sha256 used for bitcoin

currently, lightcoin can exchange legal tender and bitcoin, most of which are through online trading platforms. Revocable transactions (such as credit card transactions) are generally not used to purchase Leyte, because Leyte transactions are irreversible, which brings the risk of refund. As of April 25, 2013, a Leyte is worth about $3.97 or 0.028 bitcoin. This makes Leyte the second largest electronic currency with a market value of about $35 million

client

litecain is a free software project released under MIT / X11 license, which allows you to run, modify and the software according to your own needs. You can also release a modified version of the software if you like

the software is released in a completely transparent form, and users can independently verify the binary version and the corresponding source code

mine pool

the lightcoin is generated by "miner's mining". Mining is done by hashing with computer graphics card. If the value of "mine burst" is calculated, the system will reward 50 lightcoins at one time. At present, the computing power of lightcoin is growing rapidly, and the miner can't find the mine through several computers. Therefore, it is necessary to join the mine pool, which collects all the computing power, It is estimated that the probability of calculating the "blasting" value is higher

at present, the well-known mine pools include BTCC (original bitcoin China) mine pool, waltc.net fish pool (f2pool), wemineltc, coinotron, silverfish, liteguardian, litecoin pool.org, etc. But at present, the highest income is f2pool. Recently, it launched lightcoin theory income + 10% of mine pool subsidy = your actual income, which has attracted the attention of many miners and the instry

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data block chain

litecoin block chain, compared with its competitor bitcoin, can handle larger transaction volume. Due to the more frequent generation of data blocks, the network can support more transactions without modifying the software in the future
as a result, businesses can obtain faster transaction confirmation, and they can still wait for more transaction confirmation when they sell large value procts

In fact, digital virtual currency is far from the above. Forbes magazine listed the top 30 virtual currencies in the market by their total market value and price as of 10:00 a.m. local time on the 27th. Caijing.com and venture capital Post said that there are at least 60 kinds of virtual currencies currently traded According to the Forbes report, bitcoin ranked first in market value and unit price. It was the lightcoin designed by Li Qiwei, a former Google programmer, that won "erlianya". In the past week up to the 27th, the price of lightcoin rose rapidly from $6 to $26, a considerable increase. The third to fifth place in the total market value are spot money, nominal money and prime money. The report counted the 24-hour gains as of the 27th. Almost all of the 30 currencies rose, with the biggest increase of the quark currency, reaching 278.55%. The report also said that almost all virtual currencies have taken a ride in the current round of bitcoin's rise, but most of them have poor business, with 8 companies with a total market value of less than $1 million and 19 companies with a unit price of less than $1

2. 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.

3. The computing power and block output of the whole network can reach taobit http://www.taobtc.net/ See
1. First of all, as a node mine pool, the mine pool construction itself needs to add node files, showing the number of connections below the bitcoin wallet. After adding nodes, the number of connections can reach dozens or even more, depending on how many nodes you add, effectively recing invalid shares
2. How to fix the calculation difficulty of mining equipment for miners? Set it in your mining equipment startup bat
for example, if your single mining equipment is 10g, you can add / 1000 + 10 after the user name (wallet address) in the bat file. For example, in my bat - / 1000 + 10-p1, what does that mean? This means that your equipment is 10g computing power, and you use a fixed difficulty of 10g in p2pool mining. If you are a 1g device, write / 1000 + 1 at the back, so the difficulty is fixed and the efficiency of the device is effectively improved.

4.

You can't dig in a day. It takes 2000 years

the global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin

in order to make the graphics card fully loaded for a long time, the power consumption will be quite high, and the electricity bill will be higher and higher. Many professional mines at home and abroad are operated in areas with extremely low electricity charges, such as hydropower stations, while more users can only mine at home or in ordinary mines, so the electricity charges are not cheap. Even in a certain residential area in Yunnan, there was a case of crazy mining, which led to a large area trip of the residential area, and the transformer was burned

extended data:

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system

bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer

when bitcoin was born in 2009, block rewards were 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25

when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million

5. How to choose mine pool

ore pool cost

at present, the allocation modes of ore pool mainly include PPS, PPS +, FPPS, PPLNs and solo mode

in the corresponding allocation method, the mine pool charges part of the income of the miners at a certain rate as the mine pool fee

PPS: the income is stable. As long as the mining machine works normally, there will be income. The income is related to the submitted workload, and has nothing to do with the lucky value of the ore pool and the transaction fee

PPS + (pay per share plus) settlement method is an improvement on the traditional PPS settlement method. Based on the traditional PPS settlement method, the distribution of miners' fees is increased

FPPS: full PPS, which allocates all block income including transaction fees. Compared with the traditional PPS settlement mode (no transaction fee allocation), it can increase the income by 10% - 20%

under the PPLNs (pay per last n shares) settlement mode, every effective block found in the ore pool is allocated according to the proportion of user computing power in the pool computing power in the past n difficulty cycles. In this way, the income of miners is related to the output of ore pool. The income of miners is unstable, but the long-term average income is higher

in solo settlement mode, all the income is distributed to the miners who dig out the block, and other miners do not participate in the distribution. The mine pool charges very little handling charge, which is used for the operation and maintenance of the mine pool< How to choose a mine pool:

1< Secondly, choose your distribution mode, pursue stability or high income. It is generally recommended to choose PPS or PPLNs of large ore pool< Finally, according to the distribution mode, select the supported ore pool, and choose the one with fast connection speed and good income

4. In addition, 1-2 spare ore pools are selected for emergency use.

6. Now I'm mining in BW, and the starting payment of BTC mining is 0.005btc. Because the mine pool provides the address for receiving and charging coins, and there is no time limit for setting the wallet, I am lazy and sometimes I simply store the coins there.

7. According to the actual situation, the profit is zero and the loss ratio is 100%. And investors are extremely likely to choose the top floor of a high-rise building with more than 10 floors for parachute free fall, and experience the feeling of flying like mud

8. Upstairs is really pull, or network administrator know, even everywhere to answer. The home computer can dig out a bitcoin in three months. I don't know when it was

at present, the global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin.

9. Before trench excavation, use measuring instruments to measure the average elevation within the excavation area. At this time, carry out plane positioning first, and then calculate the average elevation. After the preparatory work is finished, you can use the design drawings to calculate. Generally, as long as you calculate the original landform elevation, you can calculate the excavation height well. Here are two elevations: the original ground elevation, the design elevation, and the design elevation, The former is obtained through actual calculation, while the latter is expressed clearly in drawings