Position: Home page » Pool » What is the consumption of miner

What is the consumption of miner

Publish: 2021-05-22 07:30:07
1.

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

mining is actually a competition of performance and equipment, and a competition of computing power among miners. Miners with more computing power are more likely to dig bitcoin. With the increase of computing power in the whole network, it is more and more difficult to dig bits with traditional devices (CPU, GPU). People have developed chips specially used for mining. Chip is the core part of mining machine. The process of chip operation will proce a lot of heat, in order to cool down, bitcoin miner is generally equipped with heat sink and fan

< H2 > extended materials:

bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce

bitcoin mining started with low-cost hardware such as CPU or GPU, but with the popularity of bitcoin, the mining process has changed greatly. Nowadays, the mining activities are transferred to the field programmable gate array, and the hash speed can be achieved through optimization. The mining efficiency of this mode is very high

2.

Every 100 S4 bitcoin mining machines consume 900W of electricity per hour

3. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. 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 money 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

warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: November 30, 2020. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
4.

the power consumption of bitcoin mining machines is different according to different machines take Shenma 68T, the fastest mining machine in wet season, as an example. Suppose that the electricity charge is 0.22 per kilowatt hour in half a year in wet season and 0.34 per kilowatt hour in dry season, the wall power consumption of Shenma 68T's second-hand machine is 3264w, and the actual power consumption is 3500W, then the daily power consumption of a Shenma M20S 68T machine is 3.524 = 84 degrees, Annual power consumption 84 * 365 = 30660 degrees

according to the latest mining difficulty, a Shenma 68T machine can dig 0.00064836 BTC a day, and 10 machines can dig 2.366514 coins a year. The mining difficulty of the premise remains unchanged, but according to the current situation, it is assumed that the mining difficulty will increase by 30% from now to next June, and by 2.5% every month. It is estimated that 85% of the original coins should be g, that is, 2.012 coins. Ten machines of Shenma 68T can dig almost 2 coins a year

to sum up, the power consumption of ten Shenma 68T machines in a year is 306600 kwh, which can dig almost two coins

{rrrrrrr}

extended data

the risk of mining machine

1. Hardware expenditure

< P > mining is actually a competition of performance and equipment. Some mining machines are composed of more such graphics card arrays. With tens or even hundreds of graphics cards, the hardware price and other costs are very high, There is considerable expenditure in mining

in addition to the display card burning machines, some ASIC (application specific integrated circuit) professional mining machines are also put into the battlefield. ASIC is specially designed for hash operation, and the computing power is quite strong. Moreover, because their power consumption is far lower than that of the display card, they are easier to form scale, and the power cost is also lower. It is difficult for single chip display to compete with these mining machines, This kind of machine costs more

2. Currency security

the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but the frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin

3. System risk

system risk is very common in bitcoin, and the most common one is bifurcation. Bifurcation will lead to a drop in currency price and a sharp drop in mining income. However, many cases show that the forking will benefit the miners, and the forked competitive currency also needs the miners' computing power to complete the minting and trading process. In order to win more miners, the competitive currency will provide more block rewards and handling charges to attract miners. Risk makes miners

5.

if you want to talk about what is the investment proct with the highest return on investment, it must be bitcoin in recent years. The price of bitcoin has doubled dozens of times, which makes many people excited and devote themselves to mining. But as we all know, bitcoin mining is not simple. It requires a large number of computers with high configuration to work continuously, and the electricity consumption can also be imagined. Recently, Inner Mongolia asked to close all virtual currency mining projects before the end of April, and prohibited new virtual currency mining projects. Recently, the Inner Mongolia development and Reform Commission issued "several safeguard measures to ensure the completion of the" fourteenth five year plan "energy consumption double control target tasks (Draft)", which clearly proposed to comprehensively clean up and shut down the virtual currency mining projects, and withdraw them by the end of April 2021


6. The price is very low, but the mining capacity is also very weak. It is estimated that it is not easy to recover the original.
7. It doesn't work all day, you say, you don't have enough electricity
8. It is obvious that the electricity charge is less and the cost is reced. It is recommended to choose the interstellar bit miner with low energy consumption
9.

Bitcoin is very power consuming and its value fluctuates greatly, which is similar to a speculative investment

To get bitcoin by mining requires a lot of power< p> What we need to know is that at present, the mainstream mines use graphics cards to improve the computing power of mining. Each miner has several graphics cards, and each miner has several miners. In this case, the power consumption is naturally high. But the point is that as long as anyone who has followed bitcoin news knows about it, even if bitcoin ranks among the world's top 30 power consumers, it will only surprise everyone, not particularly strange. Especially in the current bitcoin hot situation, more and more people are engaged in the mining instry, and it is expected that the power consumption will naturally increase

with the further spread of this kind of virtual currency, dog money has graally come into people's sight, and more and more people want to invest in this kind of virtual currency. Because some very rich people will invest in this kind of virtual currency. For example, musk is keen on investing in dog money. In any case, there are a lot of people who can make huge profits

Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750