Can Chr make money from mining
mining refers to the use of bitcoin mining machine to obtain bitcoin, that is, the computer used to earn bitcoin. If you can get bitcoin, you can make money this kind of computer generally has professional mining chips and works by installing a large number of graphics cards, which consumes a lot of power. The computer downloads the mining software and then runs a specific algorithm to get the corresponding bitcoin after communicating with the remote server
precautions:
1. It's better to use DIY mining machine, from purchasing accessories to assembly, and then to mining software, to learn, focus, practice and graally understand the blockchain
Mining is actually a fixed investment process: regardless of the currency price, a certain amount of positions will be increased every day3. The bitcoin wallet used to store bitcoin uses military level encryption, which makes it impossible for hackers to steal easily. Bitcoin wallet also allows users to set two passwords, a public account password and a private password. The user of public account password is to let the user receive bitcoin. If users want to withdraw or transfer bitcoin from their accounts, they need to use a private password
It's about 37 yuan
let me first introce the reward mechanism of bitcoin system
bitcoin can basically dig out a block every 10 minutes through system settings. The reward for each block is given to the miners who dig out the block. The miner who digs out the block is called the block miner. The block miner will record the legal transactions in the bitcoin network to the blockchain, so that the miner can receive the service charge for bookkeeping
there are two parts in the reward for the block Miner: one part is the reward given by the system, which is called coinbase reward (also known as system issuance reward), the other part is the reward for bookkeeping, which is called miner's fee. The coinbase reward started with 50 bitcoins. For every integral multiple of 210000 blocks, the coinbase reward will be halved. This is what we often hear about bitcoin mining reward halved in four years
at the present stage, the reward of coinbase is 12.5 bitcoins. At the present stage, the average transaction miner fee received by miners for digging out a block is about 0.1 bitcoin (not fixed), that is to say, the average reward received by miners for digging out a block is about 12.6 bitcoin
about 99% of miners' rewards come from the system's coinbase rewards. According to the bitcoin system, one block can be g out every 10 minutes on average. The number of new blocks that can be g out in one day is 144 (60 * 24 / 10 = 144). At present, the number of bitcoins that can be g out every day is 1800btc (144 * 12.5btc = 1800btc). With the miner's fee of about 0.1btc per block, the total reward for all miners in one day is about 1814.4btc
Mining is to confirm the transactions in the bitcoin system over a period of time and record the process of forming new blocks on the blockchain. The miners are called miners
Can mining make money? People around me who have been in contact with blockchain have asked me this question. The answer must be yes, otherwise mining will not be the foundation of blockchain development, and countless people will be miners How to dig? Xiao users said they were at a loss. You can use ha Yu miner to mine and experience mining resistance by yourself. You can download software and mine with one click, without any learning cost
Development:
1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. West Virginia Democratic Senator Joe; On February 26, 2014, Joe Manchin issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China.
as a middle-aged miner for 13 years, let's talk about the feeling of mining before.
I bought four mining machines in the past. Bitcoin uses CPU and I'm not familiar with it, so I use the form of buying graphics card to dig Wright's coin.
the first one is a simple double card mining machine, not a mining machine strictly speaking, but a double 7950 machine, At that time, I thought about digging for a while. If I didn't make money, I could still play games by myself. As a result, I found that the efficiency was really not high. Later, I used to dig some dog money and play with it.
the second one was the popular 6-card miner in those years. At that time, there was a powerful motherboard, which could run for 6 yuan by connecting with the PCI adapter and changing the BIOS. At that time, I could dig a lot of Wright's money every day with this machine, It's a pity that there are too many people digging, so it took more than 80 days to dig the coins. The third and the fourth are professional mining machines. At that time, the new chips were used to mass proce mining machines. Although they were expensive, the power consumption decreased a lot. It took about a year to dig, In the end, he retired, g up other counterfeit coins for a while, and then sold them.
generally speaking, many websites have no credibility at all in the past few days. They actually know what the concept of excessive increase in computing power is after digging up the money.
when ZF suppressed it, the assets immediately shrank by nearly 70%, but they still didn't sell because of their faith, On the contrary, after selling the miner, I bought some coins and put them in my hand. When I bought 100, I g them and only bought 15. Hey, the miner was sealed and put under the bed. After waiting for three years, I found that it rose again. This year, when bitcoin rose to 2W, I sold some Leyte coins and paid the down payment. Almost 300 of them were sold. Now it seems that the highest is 380, Ha ha
now I still have some money in my hand, and I plan to hold it for a long time, but I won't dig any more. However, I still have a lot of orders with our first-class suppliers. In the past two months, I sold nearly 150 cards, and the more I sold, the more I sold. Some cards are about to double, which is even crazier than that in 2013, The existence of e-money has its own value in the end, but it does not deny that there are so many speculators who come in to fight. There are indeed those who pursue the price. After the boom, there will be a wave of leeks cutting. In the final analysis, bitcoin is just an investment. Everyone feels different about the risk. The strength of big funds is still strong, and it is inevitable for retail investors to be cut, But it's better than A-share at least.
mining is not a good thing. The big miners are in the remote areas with low electricity charges, many mining machines and low cost. Most people dig at home, and that's just a little fuss.
finally, it's not a good thing to grow too fast. Those who are confident can come in and show their operation. If they don't have much ability, don't come in, Only by routine
according to bitinfocharts, the computing power of bitcoin network continues to rise today. Although bitcoin was unable to break through the $10000 price after its fall in February, the growing computing power in the past few months means that miners are increasingly interested in mining
in addition, whether mining makes money or not is related to computing power. If computing power is strong, the income will be high. Indivial mining can't make money now. It needs a certain scale of mining pool. If you encounter a good computing power platform, you can pay attention to it.