What is the machine gun pool of mine pool

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.

Mining is perhaps one of the most important components of the bitcoin ecosystem. Miners need to solve complex mathematical problems, so as to ensure the smooth implementation of the transaction. These problems are so complex that they are difficult to solve even for extremely powerful computers. Computers need work and luck to solve these mathematical problems, just as miners dig underground. The chance of solving this problem correctly is about one in 13 trillion

bitcoin mining has two purposes. Firstly, by solving mathematical problems, bitcoin miners can verify the transaction information, so as to ensure the security and reliability of bitcoin payment network. Miners are the people who ensure that transactions are accurate and that there is no "double payment."

Secondly, when the computer solves these complex mathematical problems on the bitcoin network, the system will generate new bitcoin, which is similar to the process of mining gold from the ground. The reward is called "block reward", and after the event called "halving", its amount will be periodically halved. The newly discovered concept of bitcoin is an important part of bitcoin protocol. The bitcoin obtained by the miners is brand new and has never been in circulation before

since miners will eventually sell the bitcoin, it is also an important source of supply and liquidity. As chainalysis reports, many digital currency exchanges rely on miners to receive bitcoin and increase their liquidity. Typically, exchanges get about 88% of bitcoin from other exchanges, and bitcoin miners are the largest source of the remaining percentage. As you can imagine, there is fierce competition between exchanges to receive bitcoin directly from miners

further enlarge the map, most of the mining activities are only carried out in four provinces, the first two provinces are Xinjiang and Sichuan, accounting for nearly half of all bitcoin mining in China. Electricity prices are cheap and the weather is cold in these areas. This helps to keep mining profits and equipment cool ring the 24 / 7 operation and maintenance period of bitcoin mining

but this is nothing new for digital currency issuance. For many years, China has been a major market for bitcoin miners e to its cheap electricity and abundant resources. Bitmain, f2pool and Canaan are all located in China

whether this is a negative or positive message depends on your point of view. But for decentralized, distributed, unlicensed networks, geographic regions across multiple entities are more healthy for the entire ecosystem

3. As the computing level of the whole bitcoin network is rising exponentially, a single device or a small amount of computing power can not get the block reward provided by 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. The website built in this way is called "mining pool"
because the probability of a single miner digging a block is very small, after all, it takes a lot of computing power to dig a block in 10 minutes. Even if there is such a large amount of computing power and the ability to dig, there are many competitors. So it becomes a game of 0 and 1. And the emergence of the mine pool is to break the 0 and 1 play. The computing power of a mine pool is a collection of many miners' computing power, which is far more likely than fighting alone. Every time you dig a block in the mine, you will be rewarded to the indivial according to the percentage of the calculation power of your mining machine in the total calculation power of the mine, and there will be no unfair situation.

4. The miner is used to dig money, and the mine pool is used to deposit money

5. OK mine was officially put into operation in October 2018. We will continue to improve the overall safety and stability of the mine pool, simplify the operation difficulty of mining machine management, improve the overall user experience, and provide intimate human customer service, so as to effectively solve various problems encountered by users in the process of using the mine pool.

6. A mine pit is like a coal mining area, which can be g out by a miner
for example, a zero coin mine can be g 24 hours by a miner. According to the calculation power of the miner, an equal amount of coins can be g out

7. The machine gun pool is set on t day, takes effect on T + 1 day, and gains the machine gun pool revenue on T + 2 day. Users can directly switch from ordinary mining to machine gun pool mining without changing mining address and user name, which is convenient and fast. After settlement, the mining income is the normal FPPS income. Due to real-time hedging, it ensures that the user's income is greater than the FPPS income. If the user's actual income is lower than the FPPS income, the coin'an mining pool will bear the loss of the user.

8. It's a service that allows miners to work together to create blocks and split profits. This allows miners to get a steady income, rather than a small probability of getting 50 (now 25) bitcoins at a time

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10. Digital currency generally refers to bitcoin, Laite coin, Puyin, Gougou coin, TaiFang and other digital cryptocurrencies. Media reported that before the Spring Festival, the digital bill trading platform based on blockchain promoted by the people's Bank of China has been tested. The listing of the digital currency Research Institute of the central bank ring the spring Festival means that the people's Bank of China is the first to study digital currency and real application of the central bank