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Monroe coin chain miner

Publish: 2021-05-16 10:43:12
1.

In fact, the coins that can be g up every day are different. When L3 + first came out, it was able to dig one Wright coin every day. Now the computing power of the whole network has been greatly improved, and about 0.54 yuan can be g every day. It mainly depends on the comparison between your computing power and that of the whole network

bitcoin mining machine is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card, which consumes a lot of power. It is one of the ways to get bitcoin that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server

2. The popular digital currencies in 2013 are bitcoin, Leyte coin, zeta coin, pennies (Internet), invisible gold bar, red coin, pole coin, barbecue coin and prime currency. At present, hundreds of digital currencies are issued all over the world

Output value: according to the calculation formula of bitcoin output, almost every four years, the output will be halved, and finally reach the extreme value of 21 million. At this time, there will be a substantial appreciation. This kind of currency without the control of the central bank, compared with the real currency of quantitative easing, will continue to appreciate. By 2013, about 11 million bitcoins had been proced

extended data:

1. Ant mining machine is the first cryptocurrency mining machine brand in the world, with a market share of about 70%. The mining machine is developed by bitmainland and has a patent in mainland China. At the beginning, ant miner had only bitcoin miner. Later, its business expanded to other cryptocurrencies, such as Ethereum, dascoin, Leyte, Monroe, etc

Ant miner adopts ASIC chip designed by bitcontinental, which is proced by TSMC. All chips are made of BM prefix. Each miner has three to four circuit boards, and there are dozens of chips on the circuit board. Therefore, each miner can only be used to mine one or more cryptocurrencies using the same algorithm

3. Ant mining machine needs special mining software, and can not use third-party software. In addition, because of its high power, the ant miner also needs to be used with a special fire ox

2.

It's a scam. Many Internet enterprises and network security enterprises believe that illegal "mining" has become a serious network security problem

with the rise of "cloud mining", the virtual machine has become the main use object of digital currency such as Monroe coin and Eli coin, and the situation of embezzling cloud computing resources for "mining" has also increased significantly; Security team monitoring found that "competing for mining machine" has become one of the important purposes of Botnet expansion; And found a new type of "mining" virus (mining XmR / Monroe), the virus spread wildly in two months, illegal "mining" profits of nearly one million yuan

extended information:

from a commercial point of view, the business model of mining can walk out of a "healthy road". As long as the "incentive money" is lower than the average cost of new users in the market, the business model will be reasonable and feasible

however, if the platform tempts users to participate with "no capital, no profit", it is worth being vigilant. The so-called "mining" opportunity provided by the platform is likely to be "digging a good hole" waiting for you to jump in

3.

Ant miner is the first cryptocurrency miner brand in the world with a market share of about 70%. The mining machine is developed by bitmainland and has a patent in mainland China. At the beginning, ant miner had only bitcoin miner. Later, its business expanded to other cryptocurrencies, such as Ethereum, dascoin, Leyte, Monroe, etc

ant mining machine adopts ASIC chip designed by bitcontinental, which is proced by TSMC. All chips are made of BM prefix. Each miner has three to four circuit boards, and there are dozens of chips on the circuit board. Therefore, each miner can only be used to mine one or more cryptocurrencies using the same algorithm

ant mining machine needs special mining software, and can not use third-party software. In addition, because of its high power, the ant miner also needs to be used with a special fire ox

The ant miner is often criticized as monopolizing the cryptocurrency mining instry e to its 70% market share, which goes against the purpose of cryptocurrency decentralization. Because Monroe was worried that the mining machinery would monopolize the mining market, Monroe announced to change the mining algorithm a few days after the launch of Monroe (X3 model) despite the opposition of Monroe community, so that all mining machinery could not be used to mine Monroe. Bitcontinent also encountered the failure of its first proct here

the ant miner will use a lot of electricity and proce a lot of waste heat in the process of operation. This leads to a large amount of electricity being consumed for mining or cooling, causing a lot of social criticism. Too much ant mining machine at the same time also led to fire and power failure, causing social inconvenience

4.

because those who come in after mobile phone mining will be cut leeks

precautions:

1. In the past two years, various myths about blockchain "overnight wealth" have been constantly staged, and "mining" cryptocurrency has become a new trend of wealth, and mobile phone mining is becoming more and more popular

2. There will be special mining machines for real mining. After all, every mining machine is not cheap now. Mobile phone automatic mining can be obtained at a very low price. What you dig is not bitcoin. Basically, the counterfeit coin you send is not worth money. At that time, you will still be cut leeks

5.

At the end of March this year, bitmainland launched an ant miner X3 based on ASIC, which is mainly aimed at Monroe coin (XmR) and cryptonight algorithm dependent cryptocurrency. Monroe coin immediately issued a counter statement that it will change the core algorithm to fight against the invasion of ASIC computing power

what would be the result if it appeared in the world of digital cryptocurrency? That is, the wrong calculation results may be brought into the whole network without being discovered

More importantly, if a "calculator manufacturer" monopolizes the calculator market, it can also deliberately proce this kind of calculator with errors to change the mathematical rules

after all, the "calculation" in the field of crypto digital currency is not as simple as 1 + 2 + 3. You can't compare paper currency with special currency by hand

the practical significance of computing power monopoly in mainland China

we have learned about attacks based on 51% computing power in various articles

but the reality is that although the global power of 78% was in Chinese mainland, fortunately, they were scattered in different pools and controlled by different people. p>

although all POW based cryptocurrencies have the risk of being attacked by 51%, few people can really launch attacks e to the dispersion of computing power

but what if the miners themselves don't want to attack, but the mining machinery manufacturers attack

still using the analogy just now, although each miner subjectively wants to do the problem checking independently, their calculator is manipulated remotely and gives consistent wrong answers. This may pose a great threat to digital cryptocurrency

however, the manufacturer with the absolute voice of mining machinery had such a problem in mainland China

in April 2017, the back door of antbled came out. Although this is described as a "vulnerability" in Chinese, antbled is more like a function that has been implemented and designed

anonymous people found that after an ant miner made by bitmainland was connected to the network, it would communicate with a domain name held by bitmainland on a regular basis and return the miner's serial number, MAC address and IP address to bitmainland's server. If the server of bitcontinent gives a negative signal, the miner will stop running

although bitcontinental responded that they could not shut down any mining machines that did not belong to them. However, the bitcoin core team has proved in experiments that this function has no verification. Anyone can shut down mining machines by forging DNS - but it also means that bitcoin mainland has the ability to shut down any sold mining machines

After

, bitcontinent fixed this "loophole", but it caused heated discussion in the community. This has also set the tone that almost all pow blockchain communities are biased against mainland China

a few months later, under the leadership of bitcontinent, viabtc g out the first block and made a hard bifurcation with the blockchain of bitcoin. From then on, bitcoin BCH (bitcoin cash) appeared in the world

will the monopoly of mining machinery destroy the distributed system

facing this problem, we should have a clear answer now. That is, the monopoly of mining machinery will certainly affect the safe operation of pow digital cryptocurrency

the problem is not whether bitcontinental and its founder Wu Jihan are trustworthy, but that one of the values of any blockchain system is to operate safely without trust in any single company or indivial

even if the ASIC miner is not monopolized by bitmainland, the ASIC miner itself will increase the concentration of computing power

the ASIC used for mining has great requirements for ventilation, power and site, and has no use except for mining. At the same time, the calculation difficulty of the whole network is increased e to the powerful computing power

as a result, it is very difficult for external players to start mining in the next software on the computer as they did five years ago. And the recent centralized exchange is caused by frequent black incidents, which also proves that concentration in this unregulated market will definitely lead to insecurity

assuming that the bitcoin network runs on top of one million miners, no one can shut it down. And if the bitcoin network runs on 20 large mines, it's much easier to shut it down

and by the end of 2017, 78% of the effort was concentrated in mainland China, which led to a real possibility of Chinese mainland regulators' launching a deadly attack against the special currency. p>

moreover, most of the scenarios of using digital cryptocurrency are related to "decentralization". Once centralized, it means that these scenarios no longer exist. It turns a project that might have value into a pure waste of computing power

Then, what measures should we take in the face of this situation

first of all, as the project side, it may be time to give up the pure POW mechanism. In fact, in many projects of issuing cryptocurrency, especially in asset securitization projects. Similar to the concept of stock in the real world, POS itself is more reasonable than pow

in the media that don't know about blockchain, we often hear such words as "bitcoin wastes a lot of computing power and has no value", which is reasonable to some extent. It is difficult for a POW based blockchain to bind the value of the project itself to the issued digital cryptocurrency - because the real value behind the price of the currency does not come from the project, but from the cost of maintaining computing power

and the hybrid mode of pow + POS is more like the future. In the hybrid mode, both coin holders and miners can participate in the major decisions of this community. If a decision is widely accepted, the blockchain will be soft forked to the latest state without excessive intervention of developers, and there will be almost no private resistance of miners or mining machines

secondly, as a retail miner, if you are still digging a pure POW mechanism currency, you should unconditionally support the bifurcation activities initiated by the community to resist the ASIC mining machine, even if it will lead to the failure of your mining machine

this may sound contradictory, but in the long run, it is better to promote the reform of the community and get more benefits in a currency controlled by the monopoly of computing power. Because in many conflicts between computing power and community in the past, the ultimate result is that the computing power owner will forcibly keep the old algorithm to hard fork the blockchain

just like Eth and etc, the classic Ethereum (etc), which belongs to the computing power master, has lost the support of developers and become an air coin with no vitality and impossible to develop applications

as a retail leek, you should be careful to trade the non mainstream digital currencies (except bitcoin) supported by bitmainland mining machinery, so as to avoid falling into a blockchain in which bitmainland controls the computing power completely

finally, if you are bitcontinent, what should you do

bitcontinent's goal is to become Intel, AMD and NVIDIA, make greater contributions to the whole computer instry, and become a great company, not just entangled in the immediate interests of mining

Wall Street financiers have long seen through the violence brought about by NVIDIA's video card mining. The rise and fall of the company's stock price has been consistent with the price of bitcoin, and even affected by the digital currency market. Citron, a well-known short seller, has recently been bearish on NVIDIA, arguing that the company has focused too much on providing services for digital currency miners rather than on serious businesses such as artificial intelligence, games and driverless driving

the mission of chip manufacturers is to provide more powerful chips to drive more intelligent services, and finally contribute to the real world, rather than become monopoly tycoons in the virtual world. When we no longer enter the gate of the virtual world, the only thing left is a deserted land

in an interview with US media last year, Wu Jihan disclosed that he would make an IPO with a market value of billions of dollars. As a company about to go public, bitmainland should not only be responsible to investors, but also accept investors' questions about the sustainability of its business. "If your mining machinery goes public, it will encounter a fork, what should you do?"

and this question, which needs to be asked after the listing, has already appeared: the current price of the split coin xmo after the Monroe team split is $7.50, while the current price of the real Monroe coin XmR is $194, and the split coin is completely abandoned by the Monroe community

before bitcontinent becomes the name of all blockchain communities, we can rely on the huge amount of capital accumulated in recent years to transform into an artificial intelligence chip company along the previous plan, rather than continue to develop a variety of digital currency mining machines to extract the last drop of oil before the ecological collapse

content source: phoenix.com

6.

Graphics card digging Monroe is really better than other currencies, the income will be higher! Of course, digging eth is also a good choice

this is my own video card miner. The mining software uses ha Yu miner , (the reason why I choose this software is that ha Yu does not pump water ) there are about 12 pieces per day

7. I heard it's CPU.
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