ETN mining income calculation

1. bitcoin, is it a little late for you to participate now! In the early days, people didn't pay attention to bitcoin at first. Later, under the social and other purposes of hype, the value of bitcoin soared. Recently, bitcoin seems to be in a state of collapse. Bitcoin is a good tool for money laundering. Now you are doing the final takeover when you participate in bitcoin. I would like to advise you that it is more and more difficult to take part in risky things. One is your capital. The other is that you know it's too late,

2. Don't be extravagant. I suggest you go online and have a good look at the instructions of bitcoin
to sum up, there are two simple points: first, the golden age of bitcoin mining has already passed, especially for indivials who are absent from work. It's hard to make up for the electricity charges of those who only have losses but no profits. Unless you have a unit dedicated computer for you to use, 24-hour power on non-stop digging. But this is still a loss, just unit for you to pay the cost, you take advantage of the unit
the second is configuration. Your configuration is too poor. Now mining is basically done with high-end a cards. It's necessary to connect several top graphics cards in parallel, such as 7970. You don't know how many generations behind. People don't necessarily earn money by digging with top-level cards, not to mention your one.

3.

In fact, the mining calculation of bitcoin is to do math problems together. The problem stem is the transaction that needs to be recorded. By doing the problem, everyone grabs the bookkeeping right, and the miners can get system rewards and transaction fees. The feature of sha256 algorithm used in bitcoin is that it is easy to verify the known answers correctly, but it is very troublesome to get the answers, and it needs to try one by one. The miner who got the answer first was recognized by everyone as having snatched the right to keep accounts, and the reward was given to him. Let's continue to grab the bookkeeping right of the next question. In short, the significance of these calculations is only to ensure the stability and safety of the whole system, and there is no more significance

it is not comprehensive to regard bitcoin as a by-proct of computing. The generation and issuance of bitcoin, all the transactions and circulation in the bitcoin chain, and the stability of the bitcoin system are the purpose of computing and are integrated. Of course, in addition to maintaining the system, it does not proce other value and procts. This is also a black spot where bitcoin is accused of not being environmentally friendly and wasting resources. In general, bitcoin, as a milestone blockchain digital currency, is e to the huge value of a large amount of computing power investment and user trust. There is no doubt about that