99p ore pool
mining steps:
(1) Download bitcoin official client, click here to download bitcoin official client
(2) after installing the client, start the client, and the client will start to synchronize network data within 3 minutes after startup. Because bitcoin data is huge, it may take several hours (depending on network speed and computer performance). The picture shows the client synchronizing network data:
please make sure that your C disk has more than 10GB of free space. If the C disk is not enough, you need to set the data to D disk or e disk. Check the method of putting bitcoin packets to D disk
(3) if your client displays English and you are not good at English, You can set it to Chinese. Click here to see how to set the bitcoin client to Chinese.
(4) the client's synchronization of network data will not affect our mining. First, we get our account address and click the "collection address" button of the client. At this time, you will see a very long list of addresses, similar to your bitcoin account, The bitcoin account address is automatically generated and unique in the world
(5) your account is now 0.00 BTC, which means you don't have bitcoin yet, but you can start mining now. Download an easy-to-use mining software cgminer. Click here to download the bitcoin mining software cgminer (cgminer can dig bitcoin and most of the coins, But not all currency mining can use cgminer)
(6) you need to confirm your graphics card model, if it is NVIDIA graphics card, then you can directly mine, please skip this step. If it is an ATI graphics card, you need to install an AMD SDK package in addition to cgminer. Click here to download the AMD SDK installation package
(7) cgminer is an English interface, but it does not affect a rookie to use it. Please unzip the downloaded cgminer to anywhere on your computer, and then enter the cgminer folder
(8) in the cgminer folder, create a new text file (txt) and write the content code as:
cgminer - O http://pool.btc38.com : 9332 - U XXXXXX - P btc38
change the above XXXXXX to the account address of your BTC wallet (get your address according to section 4 of this tutorial), After filling in, it is shown in the figure:
Xiaobian has configured the mine pool and port for you in the above code (the mine pool is a completely free mine pool provided by bitage). If you want to use other mine pools and ports in the future, please modify the mine pool URL and port by yourself
(9) change the. TXT suffix of the newly created TXT text file to. Bat suffix (if you compare dishes, the suffix will not be displayed at the back of the text file and the file name suffix will not be changed, please click here). After modification, the file is as shown in the figure:
(10) then double-click the run.bat file above to start mining. For example, if you get 0.001 bitcoin, it will be stored in the BTC address you fill in. (because BTC mining is very difficult at this stage, you may have to wait for a whole day to get BTC revenue. When mining, there may be some cards on the computer screen, because most of the resources of the graphics card are occupied.). (11) you may also want to know how to understand the mining interface. The figure below mainly indicates your speed and status:
note: in fact, the number of users of bitcoin mining is very large, and the output of bitcoin every 10 minutes is very limited, so mining is very difficult, If you have a powerful graphics card, there will be certain benefits. If your graphics card is not good, it may take you n hours to get a little bit of bitcoin. This tutorial is written by Xiaotian, editor of bitage (btc38. Com). The purpose is to let you get started and experience bitcoin. If you want to get better benefits through mining, You need to learn more about bitcoin pools and bitcoin mining strategies
4. Bitcoin mining pool
as mentioned above, the number of users of bitcoin mining is very large, and the output of bitcoin every 10 minutes is very limited, resulting in the situation that tens of millions of people scramble for a block. Therefore, if you use personal computers to mine alone, you may not be able to grab a block in a whole year, People have come up with a team mining method. The so-called team mining is the mining pool that we are going to talk about now
the mine pool is a server designed through a specific algorithm. All users connected to the mine pool server will form a team to mine. Although the performance of personal computers is small, the overall performance of thousands of people will become very powerful. In this case, the success rate of mining will be greatly improved, Once the team in the mine successfully creates a block, then all the team members will pay dividends according to the performance of each person's computer. For example, 1000 people are mining in the same mine pool. After digging out a block, the reward of n bitcoins generated by the block will be distributed according to the computer performance of the 1000 people. If your computer performance is strong, it may get 1 in 100; if the performance is backward, it may get 1 in 10000
in this case, the developer of the mine pool will generally charge 1% ~ 3% of the fee for each user as a handling fee, but because this method makes it more stable for everyone to get bitcoin, almost everyone will choose to mine in the mine pool instead of mining alone
as mentioned in the mining tutorial above, the mine pool provided free of charge in the bit age adopts the P2P technology architecture and does not charge any fees to users. It is one of the mainstream mine pools. In addition, there are BTC guild and deepbit, which are also very popular. Although the design of each mine pool is not the same, but the use method is basically the same and simple, so this tutorial will not do further description, you can explore by yourself. Even though Xiaobian has configured the mine pool and port provided by bit era for you by default in the previous tutorial, in order to let you have a deeper understanding of the mine pool, here are several mainstream mine pools for you to choose:
bit mine pool (free, recommended by Xiaobian) | bitcoin.cz (suitable for novices) | BTC Guide (the oldest brand) | deepbit (stable and efficient) | f2pool (domestic)
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
extended data:
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
the mining pool is the necessary infrastructure for the exploitation of P2P cryptography virtual currency such as bitcoin (digital currency). It is generally an open team mining server. Its significance is to improve the stability of bitcoin mining and stabilize the miners' salary. At present, the most powerful mining pools in the world are f2pool, antpool, BW pool, BTCC pool and bitfury. Except for bitfury, the rest are from China
with more and more people participating in mining, the computing power of bitcoin network is rising, and it is difficult for a single device or a small amount of computing power to dig bitcoin again. At this time, the mine pool was born
operation principle of bitcoin mine pool
the ore pool is responsible for information packaging, and the access mine is responsible for competing for bookkeeping rights
e to the collection of the computing power of many miners, the computing power of the mine pool accounts for a large proportion, and the probability of digging bitcoin is higher
for example
suppose 1 million people participate in bitcoin mining, and the whole network has 400p computing power, of which 90% of the miners have less than 1p (1000t) computing power. If a 1t miner is put into operation, it will account for 1.400000 of the whole network's computing power. Theoretically, every 400000 10 minutes can dig a block, that is, only 7.6 years can dig a block, and then get 50 bitcoins at a time
then, if I find another 9 miners with 1t dynamometer and reach an agreement, we will have a total of 10 people, and any one of them will be divided equally according to the proportion of each person's computing power, then we are a whole. With a total of 10t computing power, we can dig a block in 0.76 years on average, Then we have five bitcoins mined in 0.76 years. What if we organize 100 people, 1000 people, 10000 people or even 100000 people
if it is 100000 people, I can dig one block in 100 minutes on average. As a member of the team, my income will tend to be stable
this is the basic principle of the mine pool, that is, everyone forms a team to mine bitcoin, you can refer to the "buy together" in the lottery
of course, the above is only a simple description of the basic principles and properties of the ore pool, and the actual situation will be very complicated
the ore pool is a fully automatic mining platform, that is, the ore machine is connected to the ore pool to provide computing power and obtain profits
the bitcoin reward generated by mining in the mine pool will be distributed according to the proportion of each miner's contribution to computing power
compared with single mining, adding to the ore pool can obtain more stable income
I hope this answer will help you