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F2pool mining machine management

Publish: 2021-05-19 00:04:49
1. Comparison of two ant double blade mining machines in btcguild and f2pool mining pool (personal test for reference only)

1. Machine: two ant double blade mining machines (rated speed: 180gh / s, rated power consumption: about 360W)
2. Network: ordinary family 8m broadband connection
3. Test time: from 11:00 p.m. on January 27 to 7:00 a.m. on January 28, 2014, a total of 8 hours
4 Comparison:
a miner in btcguild (EU stratum. Btcguild com:3333
the average speed of 8 hours is 175.92gh/s, and the profit is 0.01424974
one miner operates in f2pool (stratum)+ tcp://stratum.f2pool.com : 3333)
8 hours average speed 180gh / s, revenue 0.01230566
5 The test results are expected (the theoretical value under the difficulty of the day does not consider other factors):
the profit of an ant double blade miner in btcguild mine is 0.00194408 more than that in f2pool mine in 8 hours, 0.00024301 more per hour, 0.00583224 more in 1 day (24 hours), and 0.1749672 more in each month (30 days)
2. We can't go up. We didn't even make a public announcement. It's wrong of us
3. 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.
4.

Steps to build a new miner in f2pool fish pond:

  1. log in to the official website of "f2pool fish pond" and click the "register" button in the upper right corner

  2. fill in the user name, password and email to register. The login mode is "email" + "password"

  3. after successful registration, an email will be sent to your mailbox, and you can click the link to activate it

  4. after clicking the link in the mailbox, you will enter the login homepage and enter "email" + "password" to log in

  5. on the home page, click the drop-down menu of "miner management" in the lower right corner, and click to select the establishment of BTC or LTC miner

  6. write the name of the miner at will and click the "check sign" to successfully establish the miner< br />

5. With the upgrading of Ethereum to version 2.0 this year, the consensus mechanism will be converted to POS, which will have a huge impact on miners. There are two choices for miners. One is to sell mining equipment and buy eth to adapt to the stacking mechanism of POS; The second is to switch the miner to other networks supporting GPU miner. Nick foster, a representative of kabombacks, a US mining equipment distributor, said most eth miners would choose the latter

after Ethereum is upgraded to version 2.0 POS mechanism, miners may switch mining machines to other networks
as Ethereum is finally ready to start its Ethereum 2.0 upgrade later this year, thus eliminating the long-term delay, the network will start to move towards the proof of rights model

therefore, the network will give up the workload proof consensus algorithm, so that eth miners have little choice. As their equipment will become obsolete, they will be forced to start mining counterfeit coins or re qualify as eth mortgagors. So, what is the current situation of Ethereum mining? With the coming transition, what will happen to the whole instry< At present, Ethereum consensus is based on POW system, which is similar to bitcoin (BTC). As a result, Ethereum's mining process is almost the same, as miners use their computing resources to earn rewards for each block they try to complete< However, there are still major differences between these processes. Although bitcoin mining has relied almost entirely on ASIC (large, loud machines designed specifically for cryptocurrency mining, most of which are concentrated in areas with low electricity prices), Ethereum's pow hash algorithm ethash is designed to support global chip manufacturers (such as NVIDIA and AMD). As Thomas Heller, global business director of cryptocurrency mining pool f2pool, explained in a conversation with cointegraph, GPU is much cheaper and easier to access than ASIC

"as ASIC is a very professional machine, when a new generation of procts is released, it is usually a huge technological leap. As a result, they have a much higher hash rate and are more energy efficient than the previous generation. This means that those manufacturers have spent a lot of money to research and develop it. Their machines are usually very expensive, and GPUs are much cheaper. "

Heller added that those who use GPU miners "have more flexibility to mine." For example, the popular NVIDIA geforce GTX 1080 Ti card can mine more than 15 different currencies, while ASIC units usually support only one currency

nevertheless, Ethereum is not completely immune to ASIC miners - at least in its current state. In April 2018, bitcontinent released antminer E3, an ASIC specially proced for mining Ethereum. Although widely praised for its hash rate of 180 megahashes per second and power consumption of 800 watts, it has received different responses from the Ethereum community. After the ASIC is inserted, a considerable number of GPU rig owners seem to suffer from loss of profits, and some are even forced to switch to other networks

"in the white paper, ETH must have ASIC resistance. I would like to say that the white paper stands for something "is one of the highest comments on the AR / ethermining topic about the topic discussed when antminer E3 was announced. Another reddit user argued that "the $800 only applies to 180mh."“ Split or die of a nation. "

some Ethereum users continue to suggest that bitmain's mining devices can lead to greater concentration, thus increasing the possibility of attack by 51%. Soon, a group of developers put forward "programmed workload proof" or progpow, which is an extension of the current Ethereum algorithm ethash, aiming to make GPU more competitive and promote decentralization

according to a paper published in March by Kristy Leigh Minehan, co-founder of progpow, about 40% of the hash rate of Ethereum is generated by bitmain ASIC. Alejandro de la Torre, the vice president of poolin, is the sixth largest pool of eth. He confirmed to cointegration that "GPU mining is still dominant" in Ethereum network, and added:

"at present, the profit of eth mining is not high, and the management threshold and cost of GPU equipment are higher than ASIC equipment. Compared with ASIC devices, GPU devices are more flexible, and you can use other algorithms to switch to other coins. "

progpow has not been integrated into Ethereum, and it is not clear when it will be finally implemented - in March, Ethereum core developers were debating whether progpow will really benefit the network in nearly two hours, and failed to reach a consensus. It is worth noting that a bitmain representative has previously told cointegraph that the mining hardware giant does not intend to extend the service life of antminer E3 to start operation after October 2020: "as far as we know, mining will end in October or some time after that."

a safe but uncertain future

indeed, Ethereum will stay away from mining in the future. Ethereum 2.0, which is planned to be launched later in 2020, is a major network upgrade on the blockchain, aiming to transfer its current POW consensus algorithm to a virtual POS (known as "block verifier")

more specifically, users are randomly selected considering their wealth in the network or their "interests". In other words, the more coins a POS verifier chooses to put in, the more coins accumulated as a reward

according to vitalik buterin, the co-founder of Ethereum, e to the transition, the network will be more secure and the attack cost will be higher than the network of bitcoin, although the debate about the better consensus algorithm in the encryption community has lasted for many years. However, it is not clear when to start Ethereum 2.0, as many errors and management issues are reported to be delaying the process

another hypothetical benefit of POS system is that it has higher energy efficiency than pow blockchain. According to digiconomist, the cryptocurrency's total annual footprint is 59.31 terawatts per hour, which is comparable to the electricity consumption of Greece as a whole. However, since a report in July 2019 estimated that 74% of the exploitation of bitcoin was done using renewable energy, the environmental impact of bitcoin does not seem to be so serious

what will happen to the actual Ethereum miner? According to the documentation of Casper upgrade as part of Ethereum 2.0 roadmap, the network will initially support a hybrid model including both POW and POS, thus providing some space for block verifiers and GPU / ASIC miners. Jack O & 39, CEO of skale network; "There will definitely be a transition period when two networks are running at the same time," Holleran told cointegration The CEO of scale network (based on Ethereum's blockchain platform) gave a detailed description of this process:

"the transition from eth1 to eth2 takes time of course - it may be years rather than months. The good news about this slow transition is that dapps and defi platforms will be able to roam around based on survivability, security and real-world evidence of adoption. This is a positive impact on the Ethereum ecosystem. "

dig or not

once Ethereum is fully in the POS orbit, miners will have two options. One is to sell the equipment and use the money to accumulate more Eth and start mortgage. The other is the choice for GPU miners, which is simply switching to other ethash networks and mining counterfeit money. Nick foster, a representative of kabombacks, a US mining equipment dealer, told cointegration that most eth miners would choose the latter:

"what I want to say is that most of the miners have not really entered Ethereum or the mining of specific tokens. Yes, there is a certain amount of mineral deposits and holds, but I oppose the view that a large number of Shanzhai coin miners hold their coins at any time. "<

foster then described how he used 3gb GPU units to mine ethash's point-to-point blockchain asset ravencoin (RVN). Once it was unable to mine eth, he said, "this is the reason for mining crows. I immediately sold stability to BTC, and then sold it to US dollars to pay for my rights. I would say that a lot of people are adopting this strategy. "

as foster concludes, he wants eth miners to jump out of the network, and new players - those who don't invest in power infrastructure or drilling rigs - will take a stake in eth. He described the following:

"I can't imagine if I found a five-year lease with $0.04 of electricity and I was mining eth, I decided to sell everything and then continue to pay the rent so that I could hold eth as a share. Substitute. "

Marc fresa, founder of asic.to, a mining firmware company, agreed in a conversation with cointegraph: "if you invest in mining, you won't bet because you have enough room to grow."

one of the main counterfeit coins that may benefit from POW miners leaving Ethereum is Ethereum classic (etc), which is a more conservative version of the blockchain. It is reported that there is no POS related plan. As it also runs on the ethash algorithm, the startup of Ethereum 2.0 may lead to the migration of miners, so its hash rate may have a significant peak

eth's larger pools have similar options. When asked about the company's plans for Ethereum after pow, Heller told cointegraph that after the announcement of Ethereum's POS upgrade, f2pool launched a sister company called story.fish in early 2018. Story.fish has started to provide mortgage services for other POS and delegated POS projects, such as tezos (xtz), Cosmos (atom) and Cardano (ADA), e to numerous handover delays. For prin, e to the transition to POS, it "may temporarily give up supporting eth mining," de la Torre told cointegraph

other top eth pools, namely nanopool, ethermine, pool center, sparkpool and spiderpool, did not respond to requests for comment from cointegraph.
6. 1. Go to f2pool to register an account. The miner interface has the mining address and miner name
2. Log in the miner (Avalon, roasted cat, ant, miner of different brands and models have different IP addresses. If you find the model, search online), delete the old mine pool in the configuration interface, and fill in the new mining address and miner name
3. Log in to the f2pool miner interface and observe the calculation power. If there is no calculation power, check whether the second step is correct (be sure to delete the previous one, otherwise you are working for others)
7. Caiyunbit's original creation is endless

unknowingly, it came to 2014, with several Avalon generation USB mining machines in hand. You're right. It's not a roasted cat USB miner or any other chip. It's a USB miner of Avalon generation, with a single computing power of about 300m. Of course, the USB mining machine with more than 300 m computing power is of little practical value. It's just a souvenir for everyone<

first, the appearance
first, let's look at the appearance. The workmanship is regular, not exquisite, but slightly rough:

Second, the required software
let's start running cgminer to see how to use it in practice. Before starting work, you need to download three softwares:
1. Cgminer. Anyway, the latest version of 3.9.0 is also available for testing, http://ck.kolivas.org/apps/cgminer/
2. Zadig. This software is needed to replace the driver later. Download it from the same directory as cgminer

3. USB driver of mining machine, http://www.silabs.com/procts/mcu/Pages/USBtoUARTBridgeVCPDrivers.aspx

3. Install and run

after downloading the above software, start to install and run
1. Insert the USB miner first, and you will be prompted to find the new hardware, and then complete the driver installation according to the prompts

2. After the driver is installed, you can see the new things in the device manager

3. Run Zadig, first click options -- list all devices, then drop down to select port, and replace the driver silabser (v6.6.1.0) with the driver WinUsb (v6.1.7600.16385) recognized by cgminer. After this step is completed, it is recommended to restart the computer

4. Create a new batch file in the cgminer directory, The following command: cgminer - O pool address - U miner name - P 123456 -- Icarus options 115200:1:1 -- Icarus timing 3.0 = 100 -- USB: number of mining machines
there are six USB mining machine fish pools, for example: cgminer - O stratum+ tcp://stratum.f2pool.com : 3333 - U AAAA. 2 - P 123456 -- Icarus options 115200:1:1 -- Icarus timing 3.0 = 100 -- USB: 6
since cgminer3.2.0, The method of supporting USB mining machine is modified, which does not need to add the - S - com parameter

5, run batch processing, and start to display mining data, about 300m, which is basically normal.
8. Bitcoin futures have been restricted in China. Futures are totally different from spot. Spot is a real tradable commodity. Futures are mainly not commodities, but standardized tradable contracts based on certain popular procts such as cotton, soybean, oil, and financial assets such as stocks and bonds
however, spot trading is possible in China, but bitcoin has now restricted cash withdrawal. Arbitrage is nothing more than buying low and selling high to earn the difference. Digital currency Puyin takes 1 billion Tibetan tea assets as credit endorsement. Digital currency itself has the potential of appreciation, because Tibetan tea can appreciate.
9. The working principle of ASIC is quite complicated. You need to understand the basic concepts of mining and bitcoin data block first
search for bitcoin data blocks, first understand the concepts of blocks and mining, and then talk about ASIC
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