Yfi fourth pit

1. mining pools are arranged according to computing power. For example, the computing power of digyi mining bitcoin mining pool accounts for about 4% of the total network computing power, ranking among the top ten mining pools in the world. The four technology blockchains are relatively good.

2.

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

3. The miner background is configured with three mining addresses, the first is the main mine pool address, and the second two are the standby mine pool address. In order to ensure the miner's mining income, the miner has set up an automatic detection mechanism of the standby mine pool, that is, the miner itself will continuously detect whether the standby mine pool is connected,
the miner continuously detects the availability of the standby mine pool, During this period, the main ore pool has been connected, so it will not affect your mining income.

4. 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.

5. At present, with the increase in the number of people mining in various currencies, the difficulty is also increasing. If you mine with a single computer, the possibility of digging out a block is relatively small. Take BTC for example, it is very likely that you will find one in half a year; If you connect your own miner to the mine pool, you can ensure that you have a basic income every day, which is relatively stable for miners. The premise is to select a suitable ore pool according to different currencies. Generally speaking, the current mining pools: ant mining pool, fish mining pool, coin printing mining pool, viabtc, flypool are all pretty good

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7. Bitcoin, as a kind of network virtual currency, is very popular. Many people will "dig" bitcoin. Today, let's introce the mining tutorial of bitcoin
Step 1: prepare mining machines and pools
if you want to dig bitcoin, you must prepare professional equipment. At present, there are many professional mining machines on the market, and the pool is also essential. When you choose a pool, you should also compare the output and income gap of each pool, and then choose the most suitable one
Step 2: register and set the mine account
after the mine is ready, register the mine account and set a common email. When setting the mine account, each CPU or GPU needs to set a mine account
Step 3: download the bitcoin miner
after you register and set up your account, you need to download the bitcoin miner. When downloading the miner, be sure to choose the miner that can make your CPU and graphics card play the most function. After downloading, set the server, user name, password, device and so on
Step 4: Mining
after setting up the miner, click the "start mining" button, the miner will enter the state of full speed operation, and the miner will start mining automatically.

8. 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

9.

Yfi is the token of year.finance project, which is jokingly called "Uncle" by netizens. Year.finance is a decentralized financial platform. Recently, the word "decentralized finance" is also very popular in the coin circle, that is, defi

The goal of

year.finance is very simple, it is an aggregation platform for the loan platform to service the profit output data of different procts, and it obtains the highest profit output in the contract transaction interaction by rebalancing the data

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extended data:

1. The total number of yfi is small:

the total number of yfi issued is only 30000. At present, more than 50% of yfi tokens are locked in different liquidity mining pools. The number of yfi flowing (tradable) outside is less than 15000. The quantity is rare, and the price is high

2. Yfi token allocation:

generally, the token allocation of a project includes founder holding, team holding, private placement, public offering, working capital and other aspects, which together will basically exceed 50% of the total amount of tokens. When these shares are unlocked, it will cause certain selling pressure

3. Hot spot of defi + project Hype:

when yfi was born, it was in the hottest period of defi, and a series of operations of the project side attracted a lot of heat. To sum up, it can be seen that yfi is actually an ordinary defi project. The reason why the recent popularity is so high is that in addition to the large increase, it is the super high unit price of 220000 yuan. Although the unit price of yfi is high, its market value is not particularly prominent. The circulation market value is about 2-4 billion yuan, which is more than 200 billion yuan compared with that of bitcoin

10.

Yfi is the token of year.finance. Year.finance is an aggregator for mobile mining (hereinafter referred to as "yfi" for ease of reading). There are compound, AAVE, lend, curve and other ore pools in the market. Due to information asymmetry and other factors, there is a huge difference in the rate of return between these ore pools. Users can automatically access high-yield ore pools through yfi platform to maximize mining income

on July 17, 2020, yfi announced on twitter that its official website was officially launched to start liquidity mining. Yfi launched four ore pools in the first batch, and users can participate in mining by providing affordability in balaner, with the highest annual income of more than 700%. Due to the super high yield, yfi has attracted a large number of users to participate. In just a few days, the amount of locked positions exceeded 100 million US dollars

extended information:

yfi issued 30000 pieces in total, the team had no reservation, no private placement, no public offering, and all of them were proced by mining. In other words, yfi issued only a limited amount, and all yfi participants were in the same line. It is a completely decentralized cryptocurrency, which is very similar to bitcoin. Therefore, as soon as yfi went online, it encountered crazy speculation

on July 17, 2020, yfi liquidity mining price is only 3 US dollars; The next day, yfi soared to $400

on August 20, 2020, the price of yfi exceeded US $13000 for the first time, surpassing bitcoin and becoming the new "king of money"