Hong Kong excavators

1. The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
mining machine is a tool for procing and mining bitcoin

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

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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

4. Mining machine is a computer that digs bitcoin. Generally, this kind of computer is special, with super fast operation and large quantity.

5. Mining is definitely the first professional mining machine. Many new children's shoes will choose to use the graphics card to mine, but the graphics card mining is just like doing a professional job with the "magic oil", but the efficiency is certainly not high. To dig bitcoin, we should pay attention to the following points: first, computing power (i.e. mining speed), second, power consumption, and third, stable performance. Computing power, bitcoin mining is faster than problem-solving speed, so it is self-evident that speed is more important; Power consumption is directly related to efficiency, that is, the issue of cost expenditure; The stability of performance mainly depends on the stability of calculation force when the working frequency is constant. Just think about it, no one wants the miner to lose its computing power every so often, or even break down. After all, it's all money ~
the general computing power of the graphics card is a few gigabytes, while the professional miner chip is as high as several thousand gigabytes. Take bm1387, the chip with the lowest power consumption in the world, as an example, the S9's computing power is as high as 14T, the power consumption on the wall is only 1400W, and the rated computing power reaches 13.5 Th / s ± 1 J / GH + 12% (wall, AC / DC 93% efficiency, 25 ° Rated voltage: 11.6 ~ 13.0v, in addition, in the case of non independent power supply, three power calculation boards can be connected to different power supply respectively, but each power calculation board can not be connected to multiple power supply, and ensure that the power calculation board is finally powered on
among the mining machines, ant mining machine is my favorite. At the same time, based on the average investment cost of bitcoin in the early stage, ant S9 can basically recover the capital in about five months, and the income in the later stage is immeasurable.

6. Now the cost of mining is very high, the cost of mining has been close to or even more than the currency price. Retail investors have been graally eliminated, and now the mining power is mainly concentrated in several large mines. Mining is no longer decentralized. Of course, if you have free electricity, retail investors can still try mining, which is still profitable
however, most of the coins born after 2015 are POS mechanism, there is no mining machine, they are all purse mining. This year's sudden emergence of the Ruitai coin is the best example, using a one-time mining.

7. This will certainly be affected. The economic position will affect the conversion of the entity and the digital currency. The speed of devaluation will be the same as that of devaluation.

8. Although I own BTS x, I am against Ethereum's money collection! A 3W bitcoin without any procts, ha ha ha, just go

9. It's a little complicated, no 3C

10.

What is a bitcoin miner? I often hear about bitcoin, bitcoin mining machine. Let's talk about bitcoin. 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

The digital currency in the future is believed to be similar to bitcoin, but it is by no means a limited supply. But when the human ability to proce wealth can be completely matched by the computing power of the computer, the issuing speed of e-money is directly proportional to or slightly exceeds the computing speed of the computer to create moderate inflation. In the future, while mining, it is also creating value rather than wasting electricity. In the end, the small changes in proctivity of digital currency match the difficulty of computing power, which may be the final form of human currency