How long does block Hongbao mining last
In 2009, bencong invented bitcoin, and set that there are only 21 million bitcoins. By participating in the proction of blocks and providing proof of work (POW), he can get the reward of bitcoin network. This process is mining
the concept of "mining" comes from the existing concepts in our real economic life, such as gold mining and silver mining. Because minerals are valuable, it drives people to pay labor to dig
another important point of bitcoin mining is that the miners who participate in mining recognize the value of bitcoin, and some of them are willing to spend money in the bitcoin market. Therefore, the mining of bitcoin is meaningful
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currency characteristics of bitcoin
1, decentralized
bitcoin is the first distributed virtual currency, and the whole network is composed of users without central bank. Decentralization is the guarantee of bitcoin's security and freedom
2, 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
controlling bitcoin requires a private key, 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 in the end, about 1 bitfen transaction fee 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
there are two kinds of mining in the new era, the first is bitcoin mining. After each transaction occurs, it is not complete. The transaction data must be written into the database before it is established, and the other party can really receive the money. First of all, all the transaction data will be sent to the miners, who are responsible for writing these transactions into the blockchain to complete the mining and obtain profits
the second is to dig Shanzhai. Zero coin, Monroe coin, ether coin, Wright coin, bitstock and other "Shanzhai coins". After a miner is assembled, it is connected to the designated mine pool. According to the specific algorithm, it starts full load operation and completes a calculation cycle to obtain "one" virtual currency. Then put the "this" currency on the online trading platform to cash out
How can blockchain mine
at the beginning, bitcoin could be g up with the computer CPU. The founder of bitcoin, Nakamoto Tsung, g up the world's first creation block with his computer CPU. However, the era of CPU mining has long passed, and now bitcoin mining is the era of ASIC mining and large-scale cluster mining
if you want to be a miner, it's actually relatively simple. You can start mining by purchasing a special mining equipment. You don't need to do it yourself. In fact, the computer is performing specific calculations. For miners, you only need to ensure the power supply and network connection of the mining machine.
each cloud node in the interstellar meeting mine pool is an independent operating identity. We have 20000 nodes around the world, distributed in Tokyo, New York, Seoul and other international metropolises, as well as Beijing, Shanghai and other first tier cities. The whole layout is that interstellar will arrange, manage and operate the mine in a unified way, and supervise and disclose the operation of the mine openly and transparently. The configuration of each node is 4-core CPU, 4G memory, 4T hard disk, and 10-50 megabytes of dedicated broadband
if you own a part of the mine pool and some nodes, the whole income of the mine pool will be divided in proportion to the number of nodes you own. For example, you buy a cloud server on Alibaba cloud, and then you use the cloud server to mine. In fact, you don't need to buy a machine and a broadband. You only need to buy a one-year service of Alibaba cloud server. If you use this service to run mining, the profits will belong to you. Buying nodes to participate in the mine pool is the same as buying Alibaba cloud services
that is to say, IPFs interstellar cloud nodes are charged annually. If you buy a cloud node, you can enjoy the profit of one year's harvest of filecion. IPFs will charge a 10% to 15% commission. The IPFs interstellar super cloud node is the cost of 10 ordinary cloud nodes, and naturally enjoys 10 times the income of ordinary cloud nodes. In addition, super cloud nodes will enjoy more discounts.