How long will the computing power of ant mine return
Mine pool refers to:
as the computing level of the whole bitcoin network continues to rise exponentially, a single device or a small amount of computing power can not get the block reward provided by the bitcoin network on the 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, and the website established in this way is called "mine pool"
extended data:
the existence of the mine pool reces the difficulty of bitcoin and other virtual digital currency mining, reces the mining threshold, and truly realizes the bitcoin mining concept that everyone can participate in
but its disadvantages are also very obvious, because computing power is connected to the mine pool. As a mine pool, it will have huge computing power resources. In the bitcoin world, computing power represents the bookkeeping right, and computing power is everything. If the computing power of a single mine pool reaches more than 50%, it will be easy to launch 51% attacks against virtual digital currencies such as bitcoin, The consequences are very terrible:
the mine pool can make the mine pool with 49% of the remaining computing power have no harvest, instantly quit the competition and go bankrupt. The mine pool's computing power exceeds 50%. If 51% attack is launched, it will easily occupy all the effective computing power of the whole network
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)
1. First of all, connect the network cable, plug the network cable into the network cable interface of the mining machine, and remember to plug it tightly. Only when the miner is connected to the Internet, there is no limit to the broadband
extended data:
shortcomings
first, the vulnerability of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities
Second, the transaction confirmation time is long. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed Thirdly, the price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading Fourthly, the public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control. But the public doesn't understand, and many people can't even tell the difference between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthless