How to obtain ore pool

1. We know that bitcoin investment is very popular. But bitcoin, as we all know, is hard to dig. However, if there is a good machine, it is not impossible to dig bitcoin successfully. Let's see how bitcoin is g

[1] make necessary preparations before mining

to start mining, we need to prepare graphics card, bitcoin wallet, mining software, etc. Because the GPU has considerable computing power, the graphics card is a good "mining" equipment

[2] start mining and choose a good ore pool

to start mining, there must be a mine pool with convenient operation and stable output. Its function is to subdivide the data packets for each terminal, and pay the corresponding amount of bitcoin according to the proportion of the data packets calculated by the terminal through precise algorithm. The btcguild ore pool abroad is recommended here, although there are many ore pools in China now, because there is no specific research and no evaluation. However, I would like to remind you that the output and income gap of each mine pool must be compared when selecting

take btcguild mine as an example to teach you the specific process of registration: register mine account - mine account setting - miner account setting - Download bitcoin miner - configuration of bitcoin miner - mining has started - log in btcguild to view bitcoin

the bitcoin g up at this time is stored in the website where the bitcoin is g up. It can't be traded or converted into paper money for the time being. What we need to do is to register an account on a trading platform. The bitcoin g up by the graphics card is imported from the website of foreigners to bitcoin China website. Only in this way can the bitcoin be handled freely, and it can be exchanged for RMB when it is sold or appreciated.

2.

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"

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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

3.

After the computing power of the whole network has been improved to a certain extent, the probability of getting rewards is too low, so that some geeks on "bitcoin talk" can develop a method that can combine a small amount of computing power and operate jointly, and use this method to build websites

in this mechanism, no matter how much computing power an indivial miner can use, as long as he participates in mining activities by joining the mine pool, no matter whether he has successfully mined effective data blocks, he can get a small amount of bitcoin reward through his contribution to the mine pool, that is to say, many people cooperate in mining, and the bitcoin reward is shared by many people according to their contribution

as of January 2019, the top five bitcoin pools in global computing power are btc.com, pool, antpool, flush pool, and f2pool. At present, about 70% of global computing power is in the hands of Chinese miners

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handling charge:

bitcoin miners will charge a small amount of fees for most transactions, the main purpose of which is to prevent people from sending a large number of boring small transactions and wasting network resources. At present, most of the handling charges for each transaction are & T 3647; 0.0001/kb (0.0001btc / KB). In fact, after 0.9.0, the default handling charge will be reced to & 3647; 0.00001/KB(0.00001 btc/KB)

because the amount of data occupied by most transactions is less than 1 kilobyte, generally speaking, the amount of data is less than 3647; 0.00001 (0.00001 BTC / KB) is enough. At the same time, in the future, when the bitcoin block rewards are less, the service charge will become the main source of miners' income, and the service charge of bitcoin will be related to the number of bytes occupied by the transaction

at present, the calculation standard of service charge in bitcoin system is not mandatory, so users can not give any service charge when the transaction is in progress

however, most miners usually give priority to the transaction with higher handling charges when building data blocks, so that they can get higher remuneration when mining is successful. Therefore, the transaction without any handling charges may take a long time to be processed and incorporated into the blockchain

in addition, e to the block capacity limit of 1MB and the recent increase in bitcoin transaction volume, the handling charges have increased significantly, and the waiting time for the transaction to be confirmed has also become much longer

4. The mine pool is a team mining server. Corresponding mine pool address and server address. Bitcoin generates a block every 10 minutes, and there will be tens of millions of people competing. In the end, only one person owns the block, and no one else receives anything
you may have to dig for 5 years to get a block. Team mining is that once anyone in the team gets a block, they will divide the currency in the block according to their performance, so that they can get bitcoin quickly.

5. You can buy your own mining machine, and then you can earn a certain profit by selling it on the platform.

6. At present, most POC currencies in the market are proced on the assembly line
its speculative value is far greater than the mining value
participation is not recommended.

7. There is no difference in wallet address between overseas and domestic
the wallet address of bitcoin pool is generated by the person who makes the pool. You can also run the program and generate the address yourself.

8. It is a fully automatic mining platform, which enables miners to contribute their own computing power to mine together to create blocks, obtain block rewards, and distribute profits according to the proportion of computing power contribution (that is, mining machines are connected to the mine pool, provide computing power, and obtain profits).

9. It's all random, not necessarily much, sometimes nothing.

10. In order to find the resources from the vast sea of resources, it needs a strong computing power, and the requirements of memory and network are very high. In this case, our mining machine needs powerful computing power and large memory.