Hosted bitcoin miner protocol
The bitcoin mining machine downloads the mining software and then runs a specific algorithm to get the corresponding bitcoin after communicating with the remote server, so as to obtain the bitcoin
any computer can become a mining machine, but the benefit will be relatively low, and it may not be able to dig a bitcoin in ten years. Many companies have developed professional bitcoin mining machines, which are equipped with special mining chips, and their computing speed is tens or hundreds of times higher than that of ordinary computers
bitcoin miners can neither increase their rewards by cheating, nor deal with the fraulent transactions that destroy the bitcoin network, because all bitcoin nodes will reject the blocks containing invalid data that violate the bitcoin protocol rules. Therefore, even if not all bitcoin miners can be trusted, the bitcoin network is still secure
extended data:
mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network
this process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary
anyone can run software on specialized hardware and become a bitcoin miner. Mining software monitors transaction broadcast through P2P network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners can earn transaction fees paid by users to speed up transaction processing and additional bitcoin issued according to fixed formula
if there are only one or two mining machines, you can choose to dig at home, rent an empty house in a slightly larger remote point, and use it as a special machine room. In this way, the mining machines will not disturb the residents, and it is convenient for you to see them at any time
if there are dozens or even hundreds of mine machines, it is recommended that you choose mine trusteeship. First, the electricity charge of mine trusteeship will be cheaper than that of indivials, and there are special personnel to take care of mine machines. The inconvenience may be that most of the mines are located in Northwest and southwest provinces, which may not be convenient for you to understand the actual situation, but you can also choose the background software to monitor your own mine machines, The selection of specific mines can be evaluated according to the quotation
if you don't know much about this area before and don't have a miner, you can choose to buy cloud computing power. This kind of miner is only used in a different way. The ownership of the miner doesn't belong to you, but is rented to you
if you have any other questions, please send me a private letter. I hope this answer can help you, thank you!
if there are only one or two miners, you can choose to dig at home, rent an empty house in a slightly larger remote point, and use it as a special machine room, so that the miner will not disturb the people and it is convenient for you to visit at any time
if there are dozens or even hundreds of mine machines, it is recommended that you choose mine trusteeship. First, the electricity charge of mine trusteeship will be cheaper than that of indivials, and there are special personnel to take care of mine machines. The inconvenience may be that most of the mines are located in Northwest and southwest provinces, which may not be convenient for you to understand the actual situation, but you can also choose the background software to monitor your own mine machines, The selection of specific mines can be evaluated according to the quotation
if you don't know much about this area before and don't have a miner, you can choose to buy cloud computing power. This kind of miner is only used in a different way. The ownership of the miner doesn't belong to you, but is rented to you
the advantage of the mineral machinery trusteeship lies in the fact that it is not easy to manage; Annual regular electricity subsidies, cheap electricity; 24 hours a day without power cut to dig money; There is operation and maintenance technology in the mine 24 hours on call, problems can be solved immediately; If the power board is broken, it needs to be returned to the factory. The company will have machines to make up the power. However, it is suggested that when you choose a mine, you should consider the quotation of mine management fee and electricity fee
if you have any other questions, please ask me. I hope I can help you, thank you!
the reason why it is not linked to MT is that MT needs to go through at least two institutions if it sells money and wants to return to China. The service charge is also very expensive and troublesome. Besides, now MT needs identity authentication and withdrawal, which is very troublesome. China basically does not want to make money as you think.
why can btc-e be linked to China There is a FX trading platform in China, LTC can transfer BTC to btc-e website and exchange it with LTC
LTC sells money on FX to get RMB, but the price difference between btc-e and FX has been eliminated two months ago. Now you can't make any money
hope you can add me to QQ chat 4224.59155
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