The three bitdiggers

bitcoin mining machine is the computer used to earn bitcoin

mining software is the algorithm of bitcoin

the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system

unlike all currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation

the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

extended data:

bitcoin has the following six characteristics

1. Decentralization: bitcoin is the first distributed virtual currency, the whole network is composed of users, and there is no central bank. Decentralization is the guarantee of bitcoin's security and freedom

2. Worldwide circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself

4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution

5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay

6. Cross platform Mining: users can explore the computing power of different hardware on many platforms

source of reference:

network bitcoin mining machine

network bitcoin

Bitcoin mining machine is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card, which consumes a lot of power. It is one of the ways to get bitcoin that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server

mining is actually a competition of performance and equipment, and a competition of computing power among miners. Miners with more computing power are more likely to dig bitcoin. With the increase of computing power in the whole network, it is more and more difficult to dig bits with traditional devices (CPU, GPU). People have developed chips specially used for mining. Chip is the core part of mining machine. The process of chip operation will proce a lot of heat, in order to cool down, bitcoin miner is generally equipped with heat sink and fan

bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce

bitcoin mining started with low-cost hardware such as CPU or GPU, but with the popularity of bitcoin, the mining process has changed greatly. Nowadays, the mining activities are transferred to the field programmable gate array, and the hash speed can be achieved through optimization. The mining efficiency of this mode is very high

Only those whose electricity charges are controlled within 0.3 yuan can mine. At present, the daily income of a bitcoin S9 is about 55 yuan (calculated at 7000 yuan), so 30 is 30 × 55 = about 1650 yuan (210000 yuan)

bitcoin is a kind of universal encrypted electronic currency in the world, and it is completely autonomous by users. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

the concept of bitcoin was first proposed by Nakamoto in 2009. Unlike most currencies, bitcoin does not rely on specific currency institutions to issue. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million

bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual goods, and they can also use bitcoin to buy real-life goods. On December 11, 2017, bitcoin futures began trading on the Chicago Board of Options Exchange (CBOE). On January 24, 2018, the Bank of Indonesia announced the ban on bitcoin payment

The most advanced bitcoin mining machine, one to two years to dig out a bitcoin, bitcoin mining is now too difficult. If you want to dig, you can dig ether currency. Now it is steadily appreciating every day. According to the current development trend, it will be able to recover its capital in about seven months, and then it will be profitable< br />

First of all, if the home computer is used to calculate bitcoin, even if the configuration is high, it will take several days to dozens of days. It may come out with a string of effective bitcoin (that is, bitcoin), and then it can be traded through the market of circulating bitcoin

special bit code operation requires a lot of graphics resources, so there are so-called mining machines, as shown in the figure below

this is a miner, which is specially used for mining. Such a miner may not be able to dig a bitcoin a day; The price of a mining machine is at least about 20000 RMB, and mining is a very power consuming project. All the graphics cards are running with full load, and the electricity charge will be very high

so don't blindly follow this kind of thing, it's not something that ordinary people can dig up with their home computers

Hello, there are many Shenma mining machines and ant mining machines in bitcoin mining machine market at present.

if you buy a mining machine, you should first consider the computing power and cost of the mining machine. If the computing power is large, the yield of coins will be higher, and the cost of low computing power will be lower.

it is suggested that you visit bitfan website to check the mining machine market, The figure below shows the market comparison of bitcoin miner on June 11

if you have any other questions, please ask me, hope to help you, thank you