The smallest unit of bitcoin mining
It's about 37 yuan
let me first introce the reward mechanism of bitcoin system
bitcoin can basically dig out a block every 10 minutes through system settings. The reward for each block is given to the miners who dig out the block. The miner who digs out the block is called the block miner. The block miner will record the legal transactions in the bitcoin network to the blockchain, so that the miner can receive the service charge for bookkeeping
there are two parts in the reward for the block Miner: one part is the reward given by the system, which is called coinbase reward (also known as system issuance reward), the other part is the reward for bookkeeping, which is called miner's fee. The coinbase reward started with 50 bitcoins. For every integral multiple of 210000 blocks, the coinbase reward will be halved. This is what we often hear about bitcoin mining reward halved in four years
at the present stage, the reward of coinbase is 12.5 bitcoins. At the present stage, the average transaction miner fee received by miners for digging out a block is about 0.1 bitcoin (not fixed), that is to say, the average reward received by miners for digging out a block is about 12.6 bitcoin
about 99% of miners' rewards come from the system's coinbase rewards. According to the bitcoin system, one block can be g out every 10 minutes on average. The number of new blocks that can be g out in one day is 144 (60 * 24 / 10 = 144). At present, the number of bitcoins that can be g out every day is 1800btc (144 * 12.5btc = 1800btc). With the miner's fee of about 0.1btc per block, the total reward for all miners in one day is about 1814.4btc
As long as the basic independent broadband on the line, there is no demand for network speed
Mining needs high-end graphics card, mining equipment is the first to eliminate NV graphics card. Mining must be done with graphics cards. The overall structure of mining equipment and ordinary PC machine is different is the number of graphics cards. You can install four or eight through pic extension
after expansion, an expansion shelf needs to be made. To fix the graphics card and other equipment, we need to get some fans on the shelf to cool the graphics card
CPU is not very important. But not lower than i5< br />
however, you really regard mining as fun and entertainment. If you don't care much about whether you can dig, you can also let your own machine dig all the time. However, the machine configuration above you should not be low, but it is not suitable for mining, just as the swimming champion is not necessarily good at mountain climbing
generally speaking, mining machines mainly focus on graphics cards, which have little to do with processors, main memory boards and hard disks. Of course, they need to be stable and not crash for a long time. In fact, a card is more suitable for mining. In principle, you can go to the network. It is said that before the emergence of R-Series a card, the card with good mining effect was not hd88708750, But we despise the old graphics card that has been eliminated
1. Mining can not only proce bitcoin, but also guarantee transaction information
similarly, a mathematical system contains 21 million mathematical problems, so we need to constantly seek the special solution of each mathematical problem through a huge amount of calculation. In addition, the special solution is unique
mining can not only increase the supply of bitcoin money, but also protect the security of bitcoin transactions and prevent fraulent transactions. In terms of process, bitcoin network is a point-to-point payment system, and anyone can trade through the transaction program
in order to ensure that the transaction process is truthfully recorded, the role of "miner" is required to be responsible for recording bitcoin transaction information. The time interval is 10 minutes. The best recorded transaction records among miners will be packaged and stored in a new block, and the corresponding miners will also receive a certain amount of bitcoin rewards
2. The mining process is extremely complex, which is beyond human power
the specific process is as follows. When a miner listens to the transaction, he will first verify the transaction information. The verified transactions will be recorded by miners and stored in their own database. There may be thousands of miners in the world doing the same thing, but every ten minutes, only one miner has the right to create a new block, so that the transaction information recorded by himself can be recognized and stored permanently
next, miners need to fight for the right to keep accounts. This is a competition of computing power. The core of this competition is to use computers to complete a large number of calculation tasks and find a super difficult random number. This random number is the special solution of the equation mentioned in the first paragraph. The miner who calculates the correct random number first wins. According to the rules of the game, the probability of a miner getting the accounting right is directly proportional to the proportion of his computing power in the total computing power of the whole network. In other words, the probability of finding the random number is equivalent to throwing out 100 million dice, and the total number of dice is less than 150 million. Therefore, mining requires a large number of computers, installation of specific algorithm software, repeated operation day and night, not human
3. Bitcoin mining is actually "villagers' bookkeeping"
maybe some netizens still don't understand, let's take an example. In a village, the villagers often borrow money from each other, even if they write a written document, there is a risk of default. Then, every time there is a loan behavior in the village, we will use the village trumpet to inform everyone that all the villagers (miners) will record all the transaction records in their own account books.
The smallest unit of bitcoin is Satoshi. One bitcoin is equal to 100 million
in addition to Satoshi, bitcoin also has other units: bitcent (CBTC), milli bitcoins (mbtc), micro bitcoins (mbtc), μ BTC Where 1 BTC = 100 CBTC = 1000 mbtc = 1 million μ BTC = Satoshi
The smallest unit of bitcoin is Cong
in addition to Cong, bitcoin also has other units: bitfen, millibit and microbit. Where 1 BTC = 100 CBTC = 1000 mbtc = 1 million μ BTC = 100 million
bitcoin is similar to e-cash of e-mail, and both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address
extended data:
starting from the essence of bitcoin, the essence of bitcoin is actually the special solution generated by a bunch of complex algorithms. A special solution is one of the finite solutions of a system of equations. Every particular solution can solve the equation and is unique
in the metaphor of banknotes, bitcoin is the number of the top word of a banknote. If you know the number of the top word on a banknote, you have the banknote. The process of mining is to constantly seek the special solution of the equation system through huge amount of calculation. The equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
digital currency
, candy is to reward
people who love
sports, equivalent to points, similar to
Q coin
the difference is: sports is the only way to proce candy, qubu company will not issue it privately, all users can get it by themselves.