Virtual currency cloud mining
Publish: 2021-03-29 15:49:30
1. At present, bitcoin is the only reliable virtual currency. Bitcoin is a kind of virtual currency generated by the corresponding algorithm, which needs to use a large number of mining machines, that is, servers for mining. At present, only the virtual currency issued by the central bank is legal in our country, and the others are illegal
I hope I can help you. Thank you for your adoption.
I hope I can help you. Thank you for your adoption.
2. The mining of virtual currency is a process of using computer hardware to do mathematical calculation for virtual currency network to confirm transactions and improve security. As a reward for their service, miners can get the Commission included in the transaction they confirm, as well as the newly created virtual currency. Mining is a professional and competitive market. The bonus is divided according to the amount of calculation
however, some Shanzhai coins are purely tools for developers and users to earn money. There are two main ways to make money by using virtual coins: one is mining. For example, if you want to obtain bitcoin, you must use a professional ASIC miner to mine (Avalon miner), and the bitcoin obtained from mining can be traded on the trading platform; The other is trading on the trading platform and making money by using the price difference
however, some Shanzhai coins are purely tools for developers and users to earn money. There are two main ways to make money by using virtual coins: one is mining. For example, if you want to obtain bitcoin, you must use a professional ASIC miner to mine (Avalon miner), and the bitcoin obtained from mining can be traded on the trading platform; The other is trading on the trading platform and making money by using the price difference
3. The following is an example of bitcoin Mining:
mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network. This process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary
however, most of the new digital cryptocurrencies after 2016 do not need mining, and most of them use POS mechanism, and some of them are one-time mining, such as Ruitai.
mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network. This process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary
however, most of the new digital cryptocurrencies after 2016 do not need mining, and most of them use POS mechanism, and some of them are one-time mining, such as Ruitai.
4. Using digital encryption method to ensure that the digital currency can not be forged, mining is actually an action to package the transaction data to be confirmed. Of course, these explanations are not comprehensive enough. More comprehensive information can be found by diving in Babbitt.
5.
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all public cloud manufacturers explicitly require that they are not allowed to use the cloud server for mining, otherwise they will be banned
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GPU is mainly used in mining. At present, GPU servers provided by public cloud manufacturers are more expensive, which is not cost-effective, so it is better to use special chips
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of course, some hackers intrude into the server through vulnerabilities, implant mining programs and scripts on it, and carry out mining operations, but this is illegal in itself
6. Mining refers to the use of computer hardware to calculate the location of bitcoin and obtain the process, known as mining. Every other time point, 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 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 more quickly and make profits
bitcoin has a halving effect, that is to say, every four years, the number of bitcoin will be halved. In this way, the computing power of bitcoin will increase, that is, the difficulty of mining will increase. Under normal circumstances, mining generally refers to the use of mining machine, that is, the computer to dig. These all refer to the single operation, or the operation of the whole mine. Cloud computing power mining refers to mining with multiple people. You can participate in mining as long as you invest a small part
the usual steps of bitcoin mining are "purchase miner - deploy miner - set miner - get profit", but the deployment of miner is affected by many factors, such as electricity price, site, temperature, noise, operation and maintenance, etc. These barriers need certain conditions and knowledge to eliminate, so it gives birth to a sub mole of mining instry - cloud computing power
cloud computing power is a remote mining mode. Users purchase cloud computing power contracts through the platform, rent computing power mining, and obtain revenue regularly. The advantage of cloud mining is that users don't need to deeply understand the mining principle and various software and hardware, or buy expensive mining machines, and they don't need 24-hour maintenance. As long as they place an order, they can participate in mining, which is similar to purchasing usufruct procts
for mine owners, renting and selling the right to use the computing power for a period of time to customers at a price slightly lower than the self operated mining income can quickly return cash, purchase the latest mining machinery in advance, expand the proction scale, and win the possibility of profit in the forward market. To some extent, it can also retain mining machinery at a low currency price, transfer risk, and hedge the single risk of self operated mining business< However, compared with direct participation in mining, cloud computing power also shows the following disadvantages:
even if the platform fully displays relevant information such as mines, mining machinery, cooperation and teams, it is still difficult for users to judge the quality of computing power, real-time operation status (such as power failure, site temporary inspection) or real revenue data behind the platform
the risk of speculation in bitcoin (short-term trading to earn spread) is higher than that of Tuen bitcoin (long-term bullish), but most Tuen bitcoin investors often lack judgment on short-term price changes and "get off early". Cloud computing power brings a small amount of bitcoin income to investors every day, which is also controlling investors' frequent operation in disguised form. Therefore, for many people who like bitcoin, there will be such a saying: "it's better to dig money than to fry money"
the market opportunity of cloud computing power is to provide indivials with a more neutral way of investment. The threshold is lower than that of self built mines, the risk is lower than that of short-term operation, and the cost is lower than the market price. It also allows mines to share the costs and risks and obtain more abundant cash flow
the main risk of cloud computing power lies in the authenticity and stability of computing power behind the contract. In our long-term contact with the mining instry, the high-frequency words we hear are "pit": reasons for power failure beyond common sense, various incidents ring the transportation of mining machinery, constant interference of viruses and extortion, fluctuation of futures and tardy spot, obstacles of cross-border trade, and team ghosts that can't be prevented. Therefore, real and stable computing power is scarce to a certain extent, Behind it is often years of experience. As an information intermediary, cloud computing power platform will become its core competitiveness in how to help users select high-quality cooperative mine cooperation, design friendly and attractive procts, formulate professional and transparent instry standards, establish disaster recovery plans to deal with various risks, and provide high-quality services throughout the whole process of investment
of course, mining is a long-term development instry, and cost recovery also needs a certain period, so whether you can make money mainly depends on whether you can stick to it.
computing this random code requires a lot of GPU operations, so the miners purchase a large number of graphics cards to get bitcoin more quickly and make profits
bitcoin has a halving effect, that is to say, every four years, the number of bitcoin will be halved. In this way, the computing power of bitcoin will increase, that is, the difficulty of mining will increase. Under normal circumstances, mining generally refers to the use of mining machine, that is, the computer to dig. These all refer to the single operation, or the operation of the whole mine. Cloud computing power mining refers to mining with multiple people. You can participate in mining as long as you invest a small part
the usual steps of bitcoin mining are "purchase miner - deploy miner - set miner - get profit", but the deployment of miner is affected by many factors, such as electricity price, site, temperature, noise, operation and maintenance, etc. These barriers need certain conditions and knowledge to eliminate, so it gives birth to a sub mole of mining instry - cloud computing power
cloud computing power is a remote mining mode. Users purchase cloud computing power contracts through the platform, rent computing power mining, and obtain revenue regularly. The advantage of cloud mining is that users don't need to deeply understand the mining principle and various software and hardware, or buy expensive mining machines, and they don't need 24-hour maintenance. As long as they place an order, they can participate in mining, which is similar to purchasing usufruct procts
for mine owners, renting and selling the right to use the computing power for a period of time to customers at a price slightly lower than the self operated mining income can quickly return cash, purchase the latest mining machinery in advance, expand the proction scale, and win the possibility of profit in the forward market. To some extent, it can also retain mining machinery at a low currency price, transfer risk, and hedge the single risk of self operated mining business< However, compared with direct participation in mining, cloud computing power also shows the following disadvantages:
even if the platform fully displays relevant information such as mines, mining machinery, cooperation and teams, it is still difficult for users to judge the quality of computing power, real-time operation status (such as power failure, site temporary inspection) or real revenue data behind the platform
the risk of speculation in bitcoin (short-term trading to earn spread) is higher than that of Tuen bitcoin (long-term bullish), but most Tuen bitcoin investors often lack judgment on short-term price changes and "get off early". Cloud computing power brings a small amount of bitcoin income to investors every day, which is also controlling investors' frequent operation in disguised form. Therefore, for many people who like bitcoin, there will be such a saying: "it's better to dig money than to fry money"
the market opportunity of cloud computing power is to provide indivials with a more neutral way of investment. The threshold is lower than that of self built mines, the risk is lower than that of short-term operation, and the cost is lower than the market price. It also allows mines to share the costs and risks and obtain more abundant cash flow
the main risk of cloud computing power lies in the authenticity and stability of computing power behind the contract. In our long-term contact with the mining instry, the high-frequency words we hear are "pit": reasons for power failure beyond common sense, various incidents ring the transportation of mining machinery, constant interference of viruses and extortion, fluctuation of futures and tardy spot, obstacles of cross-border trade, and team ghosts that can't be prevented. Therefore, real and stable computing power is scarce to a certain extent, Behind it is often years of experience. As an information intermediary, cloud computing power platform will become its core competitiveness in how to help users select high-quality cooperative mine cooperation, design friendly and attractive procts, formulate professional and transparent instry standards, establish disaster recovery plans to deal with various risks, and provide high-quality services throughout the whole process of investment
of course, mining is a long-term development instry, and cost recovery also needs a certain period, so whether you can make money mainly depends on whether you can stick to it.
7. It's hard to dig. Now virtual currencies like bitcoin are not worth money at all, and these virtual currencies have very high requirements for computer configuration.
8. For example, when I buy a miner with 20000 tons of computing power, the cost is 1000 tons. The one who sells cloud computing power is to buy a machine with 2000W, 20 tons of computing power, 1000 tons of computing power. He sells 13001500 tons of computing power. In short, cloud computing power is not reliable. The one who sells cloud computing power is to earn the price difference of mining. It's better to buy a miner to dig
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