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Digital chain mine pool

Publish: 2021-05-28 21:46:07
1. mining pools are arranged according to computing power. For example, the computing power of digyi mining bitcoin mining pool accounts for about 4% of the total network computing power, ranking among the top ten mining pools in the world. The four technology blockchains are relatively good.
2. Because indivial mining is difficult to meet the demand, the global computing power is increasing, and it is difficult for a single device or a small amount of computing power to dig bitcoin again. It is also a combination of a large number of mining machines to form a mine pool. The computing power of the mine pool is very powerful, and it can also ensure that virtual currency can be g more quickly. So how can the mine pool dig? Let's have a look
how to mine a mine pool
the location of a mine pool is also very particular. It's not that a mine pool can be built anywhere, but it needs early-stage capital investment. A mine pool is to combine a single mining machine together. Because of the collection of many miners' computing power, the computing power of the mine pool accounts for a large proportion, and the probability of digging bitcoin is higher. The mine pool will distribute rewards according to the contribution value of each equipment
there are many mines all over the world, and the scale of each mine varies from big to small. Generally, small mines no longer have great advantages. Large mines have many miners for mining. For each miner, he can join any mine or join multiple mines at the same time, The first task of the mine pool is to distribute the income to the miners
(1) PPLNs method
this method gathers the shares g by all miners together. Whenever a certain amount of shares is accumulated (generally 30 million shares), the mine pool will allocate the profits of the previous stage to the miners according to the proportion of contribution
in this way, the income of miners depends entirely on the time needed to dig 30 million shares in the mine pool. If you are lucky, you can dig them in a short time, then the income of miners will be more, otherwise it will be less. In return, the pool charges a 3% tax
(2) PPS mode
for users, the income of this mode is relatively stable
the profit mainly depends on the miner's mining speed. As long as the mining speed is stable, the corresponding profit can be obtained, and the profit is real-time, that is, the mine pool will pay the profit for the miner while the miner is running
obviously, every time a block is calculated, the mine pool has paid for all the miners. If the block fails in the subsequent confirmation link, all the losses will be paid by the pool operator. Therefore, this method reces the risk of the miners, but transfers the risk to the pool operator
therefore, usually the ore pool can charge a handling fee to make up for the possible losses caused by these risks. In this mode, the tax of the ore pool is 7.5%
the above is about how to mine. The difficulty of mining has greatly increased, but the mining army is expanding. If the basic equipment does not meet the standard, it will be difficult to gain in the mining instry, because the value of the virtual currency may not be equal to the price of an equipment, and many miners are not just digging bitcoin, Instead, we choose other virtual currencies to mine.
3. AA mine pool is a digital currency mining service platform. At present, it provides users with eight digital currency mining services, including bitcoin diamond BCD, Ethereum eth, bitcoin infinite BCX, dascoin dash, green coin VTC, mone (Japan) Mona, raven RVN and small zero XZC. It uses blockchain technology to provide management and settlement services for digital currency investment. In the future, it will enter the blockchain public chain and cryptocurrency market
starting from the current market situation and mine owner's psychology, AA mine pool adheres to the market-oriented concept, pays more attention to humanistic service and professional technology, and creates a new, simple, safe and stable mining service platform
technical advantages of AA ore pool:
purer mining mode: adopting algebraic average algorithm, the original PPLNs + distribution mode is better than the traditional PPLNs / PPS mode, and the income can be increased by about 20%
core driver upgrade: make blocks output faster, allocate tasks at millisecond level, adjust dynamic difficulty, and output blocks efficiently
Security and stability: distributed main network node servers are distributed in 24 cities around the world, with strong anti DDoS capability, ensuring efficient and stable revenue growth
ultimate experience: more optimized big data infrastructure, timely and rapid response, simple mining steps, easy to understand, easy mining, and enjoy the benefits.
4.

The wealth myth of "one coin, one villa" is still widely spread in the currency circle, and new investors are eager to try. But in fact, a stable power structure has been formed in this small circle, from mining machinery manufacturers to large mine owners, and then to mining pools

manufacturing and selling mining machines, mining, building mines and building ore pools, the "mining circle" has become another way to get rich in the blockchain world, and mining machines have also become a little-known "big business"

according to the imagination of Nakamoto, the inventor of bitcoin, the ideal state should be "decentralized", with computing power scattered all over the world. However, contrary to decentralization, the mine pool is absolutely centralized, and more and more mining machines are connected to the mine pool

this article was first published in the Southern Weekend

"if speculation is a road of no return, then investment in mining machinery is a business that can make a steady profit without loss, and it is only a matter of time before the cost is recovered." Zhong Xi, general manager of Shenzhen Aibo times Technology Co., Ltd., calculated an account. A miner earns 200 yuan a day, which can be recovered in 120 days, and then the profit

in October 2017, in addition to his main business, Zhong Xi joined the mining army and quickly became a big boss in the mining circle. He operated many large mines in Jiangxi, Sichuan, Guizhou and other places

in fact, the business of "steady profit without loss" still depends on the continuous rise of currency price. In the past two months, the price of bitcoin has dropped from US $15000 to about US $10000, or even below US $6000 at one time, which has extended the cycle of mining machinery return. If it keeps falling, the profit will be far away

in 2012, four years after the advent of bitcoin, mass-proced mining machines appeared. Before that, mining was mainly a private activity, which could be completed by a home computer“ At that time, the home computer was the money printing machine, and a lot of bitcoin could be g up every day. " Huang Shiliang, a senior digital currency player who sold mining machines in his early years, recalled to Southern Weekend reporters

after the emergence of mining machine, mining began to be "socialized", with the emergence of mines and pools, and mining became a collective work. The indivial miner is entrusted by the mine, just like the workers on the proction line, as long as they are there, they can get paid every day

manufacturing and selling mining machines, mining, building mines and building ore pools, the "mining circle" has become another way to get rich in the blockchain world, and mining machines have also become a little-known "big business"

China has become the world's largest procer of mining machinery. Since 2012, a number of miner manufacturers have been born in China, such as Shenzhen bitquan Co., Ltd., which proces cat roasting miner, bitmainland, Jianan Yun and Yibang communication, which are now famous. In Huaqiangbei, Shenzhen, foreigners can be seen everywhere asking about the price of mining machinery with translators

recently, in an interview with the media, the CEO of bitcontinental, Mr. Zhan Ketun, said that this startup company, which has been established for only four years, had a revenue of about US $2.5 billion in 2017. Bitcontinent is known as the world's largest miner, whose ant miner has always been the hard currency of the coin circle and miner world

just like the coin circle, the mining circle also needs belief that the mechanical mathematical operation of mining machines every day can create great wealth

However, contrary to the "decentralization" advocated by bitcoin, the miner's world is moving towards "centralization". Miner dealers build their own mines. After the investors buy the miner, they are entrusted by the seller; The procers build their own mines and manage them

this process of "centralization" made the wealth of the mining circle snatched by a few people, and it was not easy for Zhong Xi to enter the core circle

calculation force "centralization"

the main function of the mine is to provide a place for scattered mining machines to operate. But it is the "ore pool" that really plays the role of integration

the so-called "mine pool" can be simply understood as "cooperative mining". The miners and the mines give the calculation power to the mine pool, and the mine pool is used as the only address to access the digital currency network for mining, and then distribute dividends to the miners according to the calculation power of the mining machine

the history of ore pool is longer than that of mining machine. In November 2010, the mine pool named slush appeared. Today, its official website says "the world's first mine pool", which is also recognized by the coin circle. Compared with the mine, the construction of the mine pool needs certain technology, and the threshold is relatively higher

the person in charge of a well-known domestic mine pool explained the principle of the mine pool to the Southern Weekend reporter. He compares mining to buying lottery tickets. If you dig alone, the probability of winning the lottery is very unstable. You may win 100000 today, but you won't in the next six months

"gather the people who buy lottery tickets together and buy them in a unified way. No matter who wins, they will be divided according to the proportion of money they pay. In the coin circle, the mine pool plays this role. " The person in charge said

it's not complicated to connect the mining machine with the ore pool. According to the operation guidelines of the major ore pools, it can be completed in a few steps, and then according to the calculation power provided by ourselves, we can get benefits from the ore pool. The miner is like a worker standing on the proction line, receiving a fixed salary every day

the mine pool with huge computing power and many mining machines has an absolute say in the coin circle and the mining circle. For example, if you want to issue a new digital currency or dominate the bitcoin bifurcation, you generally need to get the support of the mine pool. Without the support of the mine pool, no one will dig the new currency, so it is meaningless

in addition, when a hot new coin comes out, the mine pool can also use its own miners to pack it quickly and take the lead in the rush purchase of these new coins

in June 2017, when SNT and EOS were issued, Southern Weekend reporters witnessed the scene of minchi snapping up tokens. Because there are too many investors, many indivial investors can not put their funds into the designated position, but the person in charge of a mine pool can easily complete this operation

according to the imagination of Nakamoto, the inventor of bitcoin, the ideal state should be "decentralized", with computing power scattered all over the world. However, contrary to decentralization, the mine pool is absolutely centralized, and more and more mining machines are connected to the mine pool

on January 18, 2018, Emin Yun silash, a computer professor at Cornell University, and other five people co authored a paper pointing out that there is an implicit power structure behind bitcoin and Ethereum, the two major digital currencies, and mining is too centralized, in which 50% of bitcoin's computing power is controlled by the four major mines

In fact, this problem has always existed. Four years ago, the founder of Ethereum, vtalik, noticed this problem when he wrote Ethereum white paper. He wrote: "this problem can be said to be very serious. At the time of writing this article, the two largest mines indirectly controlled about 50% of the computing power of the whole network."

Up to now, this problem has not been solved. An early translator of the Ethereum white paper told the Southern Weekend reporter, "this is not a technical problem, but a human problem."

5

recessive power structure

in the mining circle, the top of the food chain is mining machinery manufacturers. At present, the three recognized mining machinery manufacturers are located in China. Through the proction and sales of mining machines, they get a lot of profits. At the same time, they also set foot in the construction of mines and pools, and have the right to speak in the whole coin circle

ant mining pool is one of the top two large mining pools in the world, and its computing power accounts for 17% of the total network computing power. However, according to instrial and commercial data, it was founded by bitmainland; Several investors of Jianan Yun are also investors of Hangzhou mining Pool Technology Co., Ltd., which has its own mining pool hash and mining platform, but the mining pool has ceased operation at the end of 2017

Yibang communications has set up three blockchain companies in Hohhot, Wuhai and Zhundong Economic Development Zone in Inner Mongolia. A salesperson of Yibang communications told reporters at Nanfang Weekend that they have mines and mining businesses in these three places, but these mines have been operating at full capacity, and there is no machine space to host new mining machines

"we are building a new mine in Irkutsk, Russia, where electricity charges are much lower and new mining machines can be hosted there." The source said

above the mining machinery manufacturers, it is the harvest of chip giants“ The core technology of mining machinery lies in the chip. Whoever has the chip can proce more mining machinery. " Ding Yang told reporters at Nanfang Weekend that the chips are mainly in the hands of several giant manufacturers, such as TSMC, NVIDIA, AMD, etc

since 2015, TSMC has always been the largest chip supplier of Jianan Yun. In 2015, the chips purchased by Jianan Yun from TSMC accounted for 69.62% of all the chips purchased by Jianan Yun. Since then, this figure has been maintained at about 60%. Most of the profits of Jia Nan Yun Zhi were made by TSMC

On January 18, 2018, at the presentation meeting of TSMC's fourth quarter financial report, chairman Zhang Zhongmou said that although the mobile business prospect this year is weak, the company's revenue will still grow by 10% - 15%. One of the key factors is the demand for chips e to the continuous and steady development of cryptocurrency

under the mining machinery manufacturers, there is another power structure. Jianan Yun disclosed this secret in its 2017 prospectus. In the first four months of 2017, four of the top five customers of Jianan Yun were "indivials". According to public information, three of them are well-known "wrists" in the currency circle

Wu Gang, the largest customer, was the first group of miners, and later founded haobtc, which has one of the world's top ten mines; Lin Zhipeng, the second largest customer, is the founder of Xiaoqiang mining machinery. He has been engaged in the proction and sales of mining machinery for a long time. He has been cooperating with Xie Weiqin, the sixth largest customer; Wang Jin, the third largest customer, founded bitbang, a coin circle information website

these big customers are not simple miners, they all have their own influence in the coin circle. Mechanical operation of the mining machine to bring them income at the same time, also brought the right to speak

according to an insider in bitmainland, most of the big customers in bitmainland are big guys in the currency circle. However, bitmainland officials declined an interview with the Southern Weekend reporter. The company's Public Relations Department responded that it was not convenient to disclose the content because it signed a confidentiality agreement with its customers

"one coin, one villa" wealth myth is still widely spread in the currency circle, and new investors are eager to try. But in fact, a stable power structure has been formed in this small circle, from mining machinery manufacturers to large mine owners, and then to mining pools

most of the new entrants can only make the harvested "leeks"

5. The issue of bitcoin is determined by the block height, that is, the distance from the No. 0 block of Genesis. Now when the number is reached, the total amount of bitcoin should be limited. After this village, there will be no store. If the miners dig a block but don't receive the reward of the block, the bitcoin will be destroyed forever

coinbase transaction is a special transaction that generates bitcoin "out of thin air". Only miners can write this kind of transaction, and the number of generated bitcoin is limited by rules (new currency reced by half for every 210000 blocks + transaction fee for this block)

however, the rules do not stipulate that the miner must take away all the rewards that can be taken, and can choose not to take them

therefore, a mine pool connected with the RSK side chain has made a bug before, forgetting to take away the reward and occupying a pit in a block for nothing, which is equivalent to destroying the corresponding amount of bitcoin, making the total amount of bitcoin decrease a little bit permanently

in addition, to spend a bitcoin, you only need to specify the transaction ID and output serial number

as like as two peas in multiple blocks repeatedly write identical coinbase transactions, the transaction ID is also repeated.

therefore, this kind of situation also occupies the pit of a block in vain, and permanently destroys the corresponding amount of bitcoin

it seems to me that this is still a security vulnerability, so the new version of bitcoin software later banned the writing of repeated coinbase transactions. But until now, there has been no ban on miners not getting their e rewards

generally speaking, a coin is controlled by a private key. If a coin is transferred to an address where no one knows the private key, it will be destroyed

if the owner does a good job in security, and the private key is not disclosed and cannot be guessed, but he accidentally loses the private key, it is equivalent to destroying all the coins he owns

there are only some special circumstances that require intentional destruction of coins

one is irreversibly converted into another kind of currency, such as the contract currency XCP attached to bitcoin and wormhole cash WHC attached to BCH

the second is to save certificates and data on the chain, such as the time stamp: panbiao.com/2013/08 /

and the crowd funding of the original Ethereum founding team: zhuanlan.hu.com/p/29

the private key is essentially a big number. Whoever knows this number can control the currency on the corresponding address. So the private key must be generated with reliable random number, otherwise it may be guessed and stolen

compared with the token, the address is the hash of the public key. There is no way to judge whether an address has a corresponding public key and private key (even if the public key is known, the corresponding private key cannot be known). Therefore, even if it is explicitly the address of "burned" token, the system does not prohibit the transfer in

strictly speaking, what locks the currency is a small program (script). This program takes the input as the public key and digital signature. First, check whether the public key hash is consistent, and then check whether the digital signature is valid. If it is valid, it will be verified and transfer is allowed; Otherwise, it will be judged that the transaction is illegal and refuse to package into the chain

it is the whole node software that explains and executes this program. It can be said that the software code of the whole node specifically defines a coin

however, the current situation is very embarrassing. Most miners do not run the whole node, only a few mines are running. The vast majority of users do not run the whole node, even if they run the whole node, they can only perform verification, no computing power, no block
6. The global mine pool alliance is a global blockchain ecosystem that can dig the main currency of various public chains, and it is an epoch-making revolution in the mine pool instry. Version 1.0 will be launched on March 5, 2019, with built-in top exchanges in April, and global blockchain digital mall in June. Version 1.0 takes the lead in opening the OCC ore pool. Since April, bitcoin ore pool, Ethereum ore pool, IPFs ore pool, and ontology ore pool have been opened in turn. OCC is the main currency of Taiji chain. Taiji chain is a large public chain, so OCC is the fuel of the main chain. A total of 64 million pieces are issued by OCC, and 18 million pieces are pre excavated. The circulation is very small, and there is no private placement. At present, it is only used in many projects, with a wide range of applications and a bright future. The current functions of OCC are: 1; Payment function; OCC has launched several well-known exchanges, such as fulbit exchange, Daniu exchange and currency carat exchange, which can be traded freely. We can transfer to OCC for payment, and OCC is the payment currency for many projects. In particular, Taiji wallet and Taiji chain blockchain browser bring this kind of payment function to the extreme. We can transfer money to any account through point-to-point method, and it can be checked on the blockchain browser, which is not tampered with, traceable, and the whole network consensus. 2,  OCC is the fuel. There are many smart contracts to run on the Taiji chain. For example, DAPP is a kind of smart contract, so it needs OCC, otherwise it cannot run; There are hundreds of tokens in the Taiji chain, and the transfer of these tokens also needs to have OCC, otherwise it is impossible to transfer. At present, there are a large number of entity application projects. We are looking for Taiji chain team to issue coins and apply them to the entity to promote the development of the entity. The demand of OCC is huge, but the quantity of OCC is quantitative. Just like bitcoin, the price is bound to rise all the way! 3,  OCC is the currency that must be recharged by the blockchain game platform on the Taiji chain. This game platform will be connected to various game operators. They all need to use OCC. There are a lot of dapps on the Taiji wallet. Lele Dezhou is the blockchain game platform that must use OCC. It is the world's first game project on the poker chain, which is a fully intelligent contract, All gold coins and diamonds are based on smart contracts without any centralized operation. OCC will be your favorite. 4,  The app of global mining pool alliance can be directly logged in through Taiji wallet, or downloaded and logged in separately. 5,  Taiji chain is an open blockchain public chain with powerful block browser. It is a decentralized application community. Through the joint efforts of all of us, we will create a new and free Internet Ecology with decentralization.
7. "Mining" in the blockchain is the process of bookkeeping. You can purchase computing power equipment, that is, "mining machine", to "mine" and get bookkeeping rewards
however, with the increasingly fierce competition in bookkeeping and the graal rise of dpos, ordinary computing power equipment has been unable to meet the needs of mining
it is necessary to purchase more professional mining machines or join large mines. Therefore, the threshold of mining is slightly higher
where there is demand, there is market
e to the increasing market demand for professional mining machinery, more and more chip enterprises increase investment in chip R & D, and start to develop mining machinery with higher computing power and lower energy consumption, so as to earn profits
when the currency price rose sharply in 2017, this kind of mining machinery was in short supply
as the level of computing power in the whole network is getting higher and higher, it is difficult for a single miner to seize the bookkeeping right and obtain bookkeeping rewards. Therefore, the way of combining a small amount of computing power and joint operation arises at the historic moment to improve the competitiveness of bookkeeping
the website established in this way is called "mine pool"
the profit model of the mine pool is to charge the handling charge. The more people participate in the mine pool, the higher the proportion of handling charge, the higher the income of the mine pool company
blockchain is the core supporting technology of digital cryptocurrency system represented by bitcoin. The core advantage of blockchain technology is decentralization. It can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the common high cost, low cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
8. On August 20, 2020, the first digital Seminar on blockchain of Jersey mining was held in Shanghai, the financial center of China. More than 300 resource leaders from all walks of life attended the meeting, and the mainstream media competed to report.
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