Large scale ore pool abroad

1.

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 before

since 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

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. It's not so easy to close. I used to use the fish pond all the time, but the fish pond didn't welcome me as a small miner. Later, I turned to ha Yu miner, and the calculation power of the mine pond was not low
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!

4. It used to use fish pond, but now it uses Duomi cloud pond. Its income is relatively high and stable. It is mainly supported by several large mines and a powerful company. It is not worried about cashing

5. It should be OK. The main cost of mining is electricity. Some time ago, I heard that electricity in Guizhou is very cheap. Many people have gone. As long as you can go abroad, you should be able to mine

6. At present, there are many bitcoin mines all over the world. To dig bitcoin, you need to choose one first. It is necessary to choose a stable ore pool. Otherwise, it's very likely that the bitcoin you g up will disappear. Abit Chinese mine pool has a friendly interface and a Chinese version of user interface. It has a friendly interface and strong stability. I think it is a very good Chinese mine pool.

7. Fish pond f2pool is the earliest mine pond in China. It was closed for a period of time e to poor management, probably in July last year, but it was opened again soon. They are not only mining pools, but also mining machines. Shenyu mining machine failed because of the chip problem. In 2015, we set up a Wright coin miner and crowdfunding
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.

8. The global mine pool alliance is a global blockchain ecosystem that can dig the main currency of various public chains, and it is an epoch-making revolution in the mine pool instry. Version 1.0 will be launched on March 5, 2019, with built-in top exchanges in April, and global blockchain digital mall in June. Version 1.0 takes the lead in opening the OCC ore pool. Since April, bitcoin ore pool, Ethereum ore pool, IPFs ore pool, and ontology ore pool have been opened in turn. OCC is the main currency of Taiji chain. Taiji chain is a large public chain, so OCC is the fuel of the main chain. A total of 64 million pieces are issued by OCC, and 18 million pieces are pre excavated. The circulation is very small, and there is no private placement. At present, it is only used in many projects, with a wide range of applications and a bright future. The current functions of OCC are: 1; Payment function; OCC has launched several well-known exchanges, such as fulbit exchange, Daniu exchange and currency carat exchange, which can be traded freely. We can transfer to OCC for payment, and OCC is the payment currency for many projects. In particular, Taiji wallet and Taiji chain blockchain browser bring this kind of payment function to the extreme. We can transfer money to any account through point-to-point method, and it can be checked on the blockchain browser, which is not tampered with, traceable, and the whole network consensus. 2，  OCC is the fuel. There are many smart contracts to run on the Taiji chain. For example, DAPP is a kind of smart contract, so it needs OCC, otherwise it cannot run; There are hundreds of tokens in the Taiji chain, and the transfer of these tokens also needs to have OCC, otherwise it is impossible to transfer. At present, there are a large number of entity application projects. We are looking for Taiji chain team to issue coins and apply them to the entity to promote the development of the entity. The demand of OCC is huge, but the quantity of OCC is quantitative. Just like bitcoin, the price is bound to rise all the way! 3，  OCC is the currency that must be recharged by the blockchain game platform on the Taiji chain. This game platform will be connected to various game operators. They all need to use OCC. There are a lot of dapps on the Taiji wallet. Lele Dezhou is the blockchain game platform that must use OCC. It is the world's first game project on the poker chain, which is a fully intelligent contract, All gold coins and diamonds are based on smart contracts without any centralized operation. OCC will be your favorite. 4，  The app of global mining pool alliance can be directly logged in through Taiji wallet, or downloaded and logged in separately. 5，  Taiji chain is an open blockchain public chain with powerful block browser. It is a decentralized application community. Through the joint efforts of all of us, we will create a new and free Internet Ecology with decentralization.

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