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Mining and bookkeeping

Publish: 2021-05-22 16:24:37
1. mining is the use of bitcoin mining machine, which is used to earn bitcoin

one of the ways to get bitcoin is that users download software from personal computers and then run specific algorithms to communicate with remote servers to get corresponding bitcoin

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

mining is actually a competition of performance and equipment. The mining machine composed of many graphics cards, even if it is only hd6770, the computing power after "grouping" can surpass that of most users' single graphics card

and this is not the most terrible. Some mining machines are made up of more such graphics card arrays. When dozens or even hundreds of graphics cards come together, the graphics card itself costs money. Considering the cost of hardware and other costs, there is a considerable expenditure in mining.
2.

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

3. Competitive bookkeeping is the bookkeeping method of bitcoin system. It solves the problem of how to ensure the consistency of bitcoin account book in decentralized bookkeeping system. There is no centralized bookkeeping organization in bitcoin system, and every node has bookkeeping right. How to ensure the consistency of bitcoin account book is an important problem
in the bitcoin network, the miners of the whole network participate in the competition of computing power. The miners with high computing power (also known as mining speed, that is, the ability of the computer to generate hash collisions per second) have stronger computing power and are easier to obtain the right to keep accounts. The miners who successfully seize the right to keep accounts are responsible for keeping accounts and synchronizing the account information to the whole network, In return, the miners will receive a new bitcoin reward generated by the system
for example, there is a gold mountain in front of us. The total amount of gold is 1000 tons, but there are a lot of sand and stones in it. When you are alone, it is easy for you to dig gold, but when more and more people are mining, the remaining gold will be less and less, and the mining cost will be higher. So at this time, we compare the mining speed, that is, the calculation power
as the price of bitcoin on the "currency exchange" rises, more and more people compete for the bookkeeping rights of bitcoin in order to obtain bitcoin, and the difficulty of computing power in the whole network increases exponentially.
4.

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

5.

Bitcoin is actually a virtual currency. When bitcoin first appeared, if you want to get bitcoin, you have to get bitcoin through mining. Therefore, bitcoin mining appeared. But bitcoin mining is more and more difficult, so it is very difficult to get bitcoin now

so now many people use Haru miner digs Ethereum, Monroe and other virtual coins. Most importantly, BTC can be directly equivalent in the end

6.

Recently, the price of bitcoin continued to rise, reaching a maximum of US $41000. According to Mr. Liu, the manager of the mine, recently some customers have asked for additional orders, but the output of the mining machinery manufacturers is insufficient and they can't get a large number of mining machinery. Now they have to wait five months or more. Most of his customers have increased their positions in the middle of this year. At present, the prices of mainstream mining machines vary from 30000 to 60000, Mining takes about 12 months to recover the cost

therefore, if people really have mining ideas, they should not be dazzled by the impulse of the moment, and they should try to do it slowly. Today, the price of bitcoin continues to rise, largely because many mainstream investment institutions or investors begin to be interested in digital assets and begin to hoard bitcoin

bitcoin investment has great risks, the phenomenon of sharp rise and fall is not uncommon, and there are not a few people who have lost all their money. Therefore, it is not advisable to follow blindly and keep calm in investment

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extended data

bitcoin plummeted by more than 10%:

earlier on January 11, bitcoin once fell to $37000 / piece, the lowest to $35141, and the biggest drop in the day was more than 10%. According to the data of bitcoin home.com, the amount of burst positions in the past 24 hours reached US $1.165 billion (about RMB 7.530 billion), and a total of 115138 people burst positions within 24 hours

for the sudden drop, some netizens said: "what should come will come.". Cautious investors said that such a high position, I first clearance, short about

7. The mining right must be entered into intangible assets and recorded according to the contract price, with the invoice and contract as attachments<
borrowing intangible assets - mining right 200000
borrowing accounts payable (bank deposit) 200000

amortization by 6 * 12 = 72 periods, monthly amortization voucher is as follows:
borrowing management expenses - amortization of intangible assets 2777.78
accumulated amortization of loans 2777.78
8.

Zhejiang Xinyun blockchain Technology Co., Ltd. is a limited liability company (invested or controlled by natural person) registered in Ouhai District, Wenzhou City, Zhejiang Province on April 2, 2018. Its registered address is located in room B309, 46-54 Dongfang Road, Ouhai Economic Development Zone, Wenzhou City, Zhejiang Province (trial area of cloud sharing creative space)

the unified social credit code / registration number of Zhejiang Xinyun blockchain Technology Co., Ltd. is 91330304ma2cnkpx00, and the enterprise legal person is Xiao Kang. At present, the enterprise is in business

Zhejiang Xinyun blockchain Technology Co., Ltd., within the province, the current registered capital of the enterprise is general

view more information and information of Zhejiang Xinyun blockchain Technology Co., Ltd. through network enterprise credit

9. No one mines, no one keeps accounts, and no one keeps accounts in vain. Therefore, there should be a reward mechanism for mining. If the bitcoin price returns to zero one day, the reward will not be worth money, and no one will keep accounts
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