No mining is good
mining refers to the use of bitcoin mining machine to obtain bitcoin, that is, the computer used to earn bitcoin. If you can get bitcoin, you can make money this kind of computer generally has professional mining chips and works by installing a large number of graphics cards, which consumes a lot of power. The computer downloads the mining software and then runs a specific algorithm to get the corresponding bitcoin after communicating with the remote server
precautions:
1. It's better to use DIY mining machine, from purchasing accessories to assembly, and then to mining software, to learn, focus, practice and graally understand the blockchain
Mining is actually a fixed investment process: regardless of the currency price, a certain amount of positions will be increased every day3. The bitcoin wallet used to store bitcoin uses military level encryption, which makes it impossible for hackers to steal easily. Bitcoin wallet also allows users to set two passwords, a public account password and a private password. The user of public account password is to let the user receive bitcoin. If users want to withdraw or transfer bitcoin from their accounts, they need to use a private password
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 computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server
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's only hd6770, can surpass the single graphics card of most users
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 hardware price and other costs, there is a considerable expenditure in mining
bitcoin mining process:
1. To find the ore pool
to start mining, there must be a ore pool with convenient operation and stable output. Its function is to subdivide the data packets for each terminal, and pay the corresponding amount of bitcoin according to the proportion of the data packets calculated by the terminal through precise algorithm
2. Download bitcoin miner (software)
in fact, there are many kinds of this miner, you can go to the official website to download
3. Setting mining software is a green software. After installation, we can set the language first to facilitate further setting. Next, you need to set the server, user name, password, equipment and so on. Generally, the server chooses a better network from BTC guide series, and the user name and password are set by ourselves before
4, bitcoin mining start
when we confirm that all settings are correct, click the "start mining" button to start bitcoin mining, and then the graphics card will soon enter the full speed running state, the temperature and fan speed will increase, you can monitor the state through gpu-z or graphics card driver
2020 is the first year of digital currency proction rection. Most currencies will achieve the first proction rection this year, while bitcoin will usher in the third proction rection cycle. And the market is generally high on the halving market, it is expected that this year will usher in a wave of bull market, and the logic behind it is very clear. From the perspective of historical experience, this has already formed a more extensive "consensus" in the circle of cryptocurrency
secondly, bitcoin, known as "digital gold", is recognized by more and more funds for its risk aversion, which indirectly pushes up its price. At present, in addition to bitcoin, which has the most influence, BCH, BSV, etc, dash and other currencies are the most concerned. Dozens of counterfeit currencies have chosen to be halved in 2020. Therefore, 2020 is also known as the first year of halving
what is half bitcoin
bitcoin halving means that the reward for procing new blocks is halved about every four years. This means that after halving, the corresponding bitcoin reward for each block proced is only half of the reward before halving. At present, bitcoin has been halved twice, respectively in November 2012 and July 2016. The third half of bitcoin is expected to take place on May 13, 2020. By that time, bitcoin will be halved from 12.5 blocks to 6.25 blocks
half block reward means that it will take longer for all bitcoins to enter circulation, but it also means that mining will proce fewer and fewer new bitcoins. Moreover, e to its limited supply and increased mining difficulty, its scarcity attribute becomes more and more obvious, and scarcity will directly enhance the value. As the saying goes, scarcity is more expensive! For bitcoin, there is no doubt that this is a very big advantage
buying bitcoin in 2020 is better than buying bitcoin ETF fund
3, bitcoin current price 10000x4 = US $40000 (expected price after this year's proction rection)
in this period, the return comparison between holding spot and ETF fund is as follows:
1, buying spot holding, earning three times
2, buying ETF fund, Up to 15 times (intelligent position adjustment + fund compound interest calculation)
there is no doubt that bitcoin ETF launched by bitoffer is the best investment choice
mobile phone mining is to attract traffic by speculating the value of the virtual currency. After obtaining the traffic, it can be realized by advertising or colluding with script authors. It can stabilize the morale of the army and a group of people by purchasing virtual currency or other means. It can also attract others to join the gang through high invitation and reward, The next batch of leeks came happily
at present, e to the rise of digital currency mining, it is generally necessary to connect to the mine pool. For example, if you want to dig Monroe coins, you need to connect to the Monroe coin mine pool. The other is that some companies develop their own software, and then let others hang up their mobile phones to mine. This is almost deceptive. It is to use the concept of blockchain to hype some worthless coins issued by itself, such as token. Some of them are even directly similar to the points of traditional websites, that is, a number stored in the database, which has nothing to do with blockchain technology. This is purely to trap people for money
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 graphics card of mining is full load and continuously running 24 hours a day
so the mine card is a second-hand card, but the second-hand card is not necessarily a second-hand card, that is, "mine Nan". A large number of long-term mining a cards flow into the second-hand market, and the value of bitcoin plummets. It is generated through a large number of calculations according to a specific algorithm
AMD's consumer level graphics card is very good for procing bitcoin
this sentence has a warning effect on enterprise users (large-scale mining machine digs virtual token), manufacturers Sue enterprise users for better benefits, and indivial users Sue time-consuming and laborious, and the impact is not good. In addition, there is also a thick black interpretation that manufacturers printed this sentence in order to boost the momentum of mining and card speculation, so as to make their profits higher.
It will certainly have an impact on the earth. The most affected are environmental st pollution, water loss, soil quality change and species rection
First, the st pollution caused by mining is very large after the ore is mined, there will be a lot of harmful st. The most important thing is that the ore has to be stripped and selected after mining, which will proce a lot of st in the process. Slag also has a great impact on the environment. At present, there is no perfect way to deal with slag. Slag will fly with the wind in windy weather. This causes air pollution and increases the number of inhalable particles{ RRRRR}through the above analysis, it can be concluded that if the earth's mineral resources are continuously mined, the impact on the earth is very large. Although studies have shown that ore mining is only on the surface, not deep enough to directly affect the earth. But the impact on the earth's surface is direct, which indirectly destroys the earth's ecology and affects the earth from all aspects