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Bit mining technology

Publish: 2021-05-21 15:51:00
1.

the principle of bitcoin mining is to implement rules made by people and automatically executed by computers

Satoshi Nakamoto, the inventor of bitcoin, has stipulated this rule from the very beginning, and those who participate in bitcoin blockchain must automatically abide by it unconditionally

The content of

rules is generally ,

people who pack the circulation data of bitcoin, arrange it into a fixed size, and then upload it to the blockchain for bitcoin whole network synchronous broadcasting can get 50 bitcoins rewarded by the system

under certain conditions, these rewards will be halved, about once every four years

so how to complete the data packing

the person who wants to complete this action must first have the necessary tools, that is, the software to execute the bitcoin blockchain, and the machine (computer at the beginning) to run the software; Then download and save all the bitcoin transaction data that have been recognized by the whole network. At this time, you become a "node" and a part of protecting the blockchain data

The

node can only get the priority of the packaged data after running a specific mathematical formula and getting the correct answer. The system will automatically give the reward to the node who gets the priority, who completes the packaging first and then uploads it to the blockchain, and receives and approves it from other nodes

if there is bitcoin service charge in the packaged transaction, the service charge belongs to the node

people think that the process of calculating the mathematical formula and then completing the package to get the reward is just like fishing for gold in the river. It is necessary to discard many wrong answers in order to find the right key to get gold, so people compare this process to mining

so bitcoin mining is not really to dig something, or to use computers to constantly collide and guess. Whoever guesses first wins the reward, that's all

2. Bitcoin mining is through the mining node, and then the bitcoin mining machine (computer) constantly consumes its own computing power in exchange for bitcoin. In the bitcoin system, through its own algorithm, it can dynamically adjust the mining difficulty of the nodes in the whole network, and ensure that every 10 minutes, one node will succeed in mining. At this time, the bitcoin system will reward this person with a certain amount of bitcoin. Bitcoin mining is a complicated process, but it usually goes through these steps: preparation, finding the mine pool, registering the mine pool account, setting the mine pool account, downloading the bitcoin miner (software) and configuring the bitcoin miner; After the above steps, you can mine
the content of this article comes from: financial code of the people's Republic of China: application edition, China Law Press
3.

Bitcoin mining is a process of using computer hardware to do mathematical calculation for bitcoin network to confirm transactions and improve security

4. Mining by mining machine, but this method is time-consuming and energy consuming, and the effect is not necessarily good; The other is to choose a regular platform to buy a computing power contract, that is, the platform helps you mine. The obvious advantages are lower electricity charges, faster cost recovery, and careful attention.
5. Mining relies on network and storage space. If you want to mine at home, consider hummingbird H1
6. These virtual currencies are all in the name of indivials. They are not protected by the state at all, and they are not real money. Only the money issued by the central bank is called money. The others are all issued by themselves, without any legal effect. For example, I can invent one, which can be more obvious than anyone else. This is not real money.
7. 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

< / blockquote >

for example,

I have a RMB with a face value of 100 yuan in my hand. As long as someone can guess the number of this RMB, he can give it to him

mining is the process of counting the number, but the RMB in my hand is limited

at the beginning, there are many choices to guess, but in the later period, more and more RMB will be given out, and the number that can be guessed will be less and less

so mining will be more and more difficult in the later period, because the number of bitcoin is certain

if you have any other questions, please send me a private letter. I hope this answer can help you, thank you

8. Hello

1. Download your bitcoin e-wallet first. There is bitcoin client on the Internet. You don't need to register it. It is bound to your computer by default. After downloading and installing, it will change your network data block. This is enough. I heard that it is to download information of all network nodes. It's from all over the world. How big should it be, I've been updating for several days, and I've finished downloading the data block
bitcoin client interface:
2. The interface is relatively simple. With this client, you can make bitcoin payment and collection. You can see a string of numbers and letters below by clicking on the circle in the figure below. You can the string and send it to others. If you give the bank card account number to others, they can pay. You can click "send currency" and paste the account number sent by others to pay for bitcoin. There is no third party in this process, So it's safe

3. How to mine is also an important way to proce bitcoin. Mining tool is guiminer, it is a green package, that is, folder, do not need security, download it directly decompression can be used, find the icon below, double-click to run
interface:
4. If you have a tool, you need to find a good place to proce minerals, that is, a mine pool. Now the output of bitcoin is less and less. If you dig bitcoin, you don't know when and when. If you are a Galaxy series supercomputer, let's talk about it separately. Personal computers can be ignored. There are many mines, However, deepbit, known as the world's largest mine of bitcoin, has registered its account on the website. Click my account
5, enter my account information, here you can see your miner information, how much bitcoin your account has, C contribution

6, specific settings of my account< br /> 1、< Your bitcoin address to receive payment: & gt; In the box, enter the address where you accept bitcoin. Don't write it wrong, or you'll be digging for nothing. The picture and text above have said that
2. Minimum value of automatic payment: set by yourself. When you have so much money in the mine pool, the website will automatically type the money to your bitcoin account address set above. You see, the above settings are important
3 to set up miners, click create new vorker, Chinese is to create new miners, miners can help your mining workers, you can set up more than one, and then dig in a lot of computers, the effect is more obvious, the income is more rich
just write the name casually, to write in English, foreign things better write in English
write the password by yourself, don't write it too long, it's just simple, it's not important
failure detection threshold (1-3600 minutes): just write 60,
send email notification when the miner doesn't work? *: Choose decisively, refuse spam,
payment method for miners: choose decisively, pull according to proportion, pay more for more work, which is in line with human development
finally, click Sava setting to save your miner, and you can see your miner's information when you return
7. Fill the miner information into the mining tool guiminer,

file - & gt; new opencl miner-> Fill in your favorite name - "sever" select deepbit - "user name to fill in the miner's, remember to connect your registered account with your mailbox and miner's, there is a password on it, you know, device is to choose what hardware you use to work, usually with a graphics card, select the graphics card you want to use, if you can't find it, remember to update the graphics card driver, Then start mining. You can sit and wait for the ore to be collected. The specific speed depends on your computer configuration
note: there are many ore pools and tools, but I won't introce them to you, just because I use what I said above. Whoever uses knows, there will be a place to speak, and I may not understand others. Be careful, the electricity bill is not enough. If you really have it, you can buy and sell bitcoin on China bitcoin network and exchange it for real gold, right

reference: http://jingyan..com/article/7f41ececc5707c593d095c90.html
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