Major ore pools

1. The specific ranking is not clear, but the better ones are Xinghuo, Duomi, Yuchi, BW and so on. It is said that BW is good. It was established in 2013 and it is a well-known old mine

2. Similar to bitcoin, lightcoin litcoin also needs to be mined in the mine pool. At present, there are more than 20 mainstream mine pools, so which one is better? Let's recommend it to you: lightcoin mine pool ranking: wemineltc 5543.7 MH / s coinotron 4406.2 MH / s give me ltc.com 4379.9 MH / s lit

3.

This is the share of ore pool in the past three months:

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but in fact, it's of little use. It's just the difference between 100 yuan and 100.5 yuan. If your calculation power is really big, it may be much worse, but if it's ordinary, it's not much different. It is more important to choose one with low or free service charge

4. No, trading platforms are generally just for bitcoin trading. At present, only bitcoin China has its own mine.

5.

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

6. 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.

7. As the computing level of the whole bitcoin network is rising exponentially, a single device or a small amount of computing power can not get the block reward provided by 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. The website built in this way is called "mining pool"
because the probability of a single miner digging a block is very small, after all, it takes a lot of computing power to dig a block in 10 minutes. Even if there is such a large amount of computing power and the ability to dig, there are many competitors. So it becomes a game of 0 and 1. And the emergence of the mine pool is to break the 0 and 1 play. The computing power of a mine pool is a collection of many miners' computing power, which is far more likely than fighting alone. Every time you dig a block in the mine, you will be rewarded to the indivial according to the percentage of the calculation power of your mining machine in the total calculation power of the mine, and there will be no unfair situation.

8. My answer (best answer)
look at the balance sheet, profit, etc. first, go to this company to look at its report. Look at the profit from its sales revenue.
for example, what is the proportion of profit. From the size of gross profit, we can know how a company's buyer is.
if the proportion of gross profit and sales is large, From the dividend, we can see whether the company pays attention to investment,
or short-term profits. From the ratio of working capital and current liabilities, we can see the company's ability to repay others
if it is too low, it can explain the management efficiency of the company from the side. If it is too high, it also shows that the company is not good at investment.
in other aspects, you can understand its background, evaluate its ability, and whether it is suitable for the company from the perspective of the company's managers. Or from the past performance, you can see how the company's loans are. If there are too many, there will be risks, or lack of confidence. Dividing the net profit by the sales volume, we can know the consumption management of the company in other aspects, such as water and electricity, office supplies, etc. if the result is relatively high, it means that the company is economical and orderly. If it is relatively low, it means that the efficiency of the company is not high,
if there is a significant increase, the company is in the right direction.

9. Now the domestic mine pool has accounted for more than 60% of the computing power of the whole network, but it is no longer the only one. Mining is basically the Chinese has the final say. If several large mines unite to launch a 51% attack, it is completely feasible in theory, but it is not in their interests, so they will not do it. It's not a good thing that computing power is in the hands of a mining pool. It is very dangerous to concentrate too much on any kind of currency. However, there are also some coins that do not need to be mined, such as Ruitai.

10. From the test point of view, it should be spark
minerhub's wondermole system is a "diskless" mining system based on Linux kernel, which is deeply customized for miners' friends

solve the problem in an all-round way

1. Miracle Moore's Linux kernel has been deeply optimized for more than 200 times to avoid the problem that some hardware failures will directly lead to system crash
2. In view of the situation that many mining software in the market can't connect to the mining pool after restart, miracle Moore perfectly solves the problem by using the function of resetting the image after each restart of the mining machine
3. After testing, the average computing power error and delay share of miracle Moore system in each mine pool are not more than 1.5%, which significantly improves the mining revenue of users
4. After numerous experiments, miracle Moore development team has obtained the optimized VBIOS overclocking setting of graphics card. Compared with the traditional overclocking method, it can further improve the computing power of graphics card by 5% and rece the power consumption by 15%!