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What kind of network does mining machine use

Publish: 2021-05-27 07:56:26
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. Not high
1. Mining machine needs computing power
2. If there are many machines, the bandwidth of network cable is needed
3. The company selling mining machine may have relevant information
3. It's possible to dig with home 100 MB optical broadband, just as it is possible to dig with home computer. You can pay more attention to the interstellar bit miner.
4.

As long as the basic independent broadband on the line, there is no demand for network speed

5. No,
a hard disk can't be mined,
a typical mining method is to use a graphics card or CPU instead of a hard disk
because the hard disk doesn't participate in the calculation, just save the mining software
6. The impact of network speed on the mining of special currency is very small, almost none. The main thing is to maintain a certain amount of data transmission, as long as the network can be connected stably. If there are not too many machines, the effect of 2m, 4m and 100m is the same. Guangzhou Yunxing technology yxbitcoin answers for you
mining refers to the process of using computer hardware to calculate the location of bitcoin and obtain bitcoin. When mining, we need to confirm the virtual currency transaction. In the process of transaction, we run complex operations. Miners use computers to perform these operations, and then get the virtual currency reward
mining, the process of computing the location of bitcoin by computer hardware and obtaining it, is called mining. Every other point in time, the bitcoin system will generate a random code on the system node. All computers in the Internet can search for this code. Whoever finds this code will generate a block and then get a bitcoin. This process is often called mining. Computing this random code requires a lot of GPU operations, so the miners purchase a large number of graphics cards to get bitcoin profits more quickly.
7. Horizontal trough, so advanced, mining machine can also connect WiFi
radiate WiFi with a computer. Then the miner is connected
or with a WiFi
8. The requirements are very low.
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