Why are Monroe coins always lost in mining
bitcoin mining is a process that uses computer hardware to calculate the location of bitcoin and obtain it
mining is an incentive process to record data in the bitcoin system. In the bitcoin system, indivial users have the right to pack blocks after calculating a specific hash value by using CPU or GPU to hash
and in order to reward this user for packing blocks, the system will give a certain amount of bitcoin as reward. Because this process is very similar to "mining" in real life, most people call this process mining. In addition to bitcoin, other electronic virtual currencies can also be obtained through mining rewards, such as Ethereum, Monroe and so on
extended data:
mining risk:
1, currency security
the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin
2, system risk
system risk is very common in bitcoin, and the most common one is bifurcation. Bifurcation will lead to a drop in currency price and a sharp drop in mining income. However, many cases show that the forking will benefit the miners, and the forked competitive currency also needs the miners' computing power to complete the minting and trading process. In order to win more miners, the competitive currency will provide more block rewards and handling charges to attract miners. Risk makes miners
because those who come in after mobile phone mining will be cut leeks
precautions:
1. In the past two years, various myths about blockchain "overnight wealth" have been constantly staged, and "mining" cryptocurrency has become a new trend of wealth, and mobile phone mining is becoming more and more popular
2. There will be special mining machines for real mining. After all, every mining machine is not cheap now. Mobile phone automatic mining can be obtained at a very low price. What you dig is not bitcoin. Basically, the counterfeit coin you send is not worth money. At that time, you will still be cut leeks
the n-card of Kepler architecture has no advantage in mining. Although the mining algorithm of Maxwell architecture has been strengthened a lot, it came out too late, and has long been the world of mining machines - low power consumption, easy to set up parallel architecture, small volume and strong computing power. No one's digging with a card anymore. What's more, the first batch of Maxwell was only 750 / 750ti, a mid-range chip. Then, a group of mints headed by bitcoin were sold by the state, say no, and not just China. After that, the emerging instry rapidly declined, and a large number of second-hand high-end a-cards, which were used as mine cards, were sold
it is not recommended that you buy second-hand mine cards, which are loaded heavily when mining. It is equivalent to 24-hour uninterrupted full load operation. The repair rate will be on the high side.