Now it's mining revenue
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
Development:
1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. West Virginia Democratic Senator Joe; On February 26, 2014, Joe Manchin issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China.
to sum up, there are two simple points: first, the golden age of bitcoin mining has already passed, especially for indivials who are absent from work. It's hard to make up for the electricity charges of those who only have losses but no profits. Unless you have a unit dedicated computer for you to use, 24-hour power on non-stop digging. But this is still a loss, just unit for you to pay the cost, you take advantage of the unit
the second is configuration. Your configuration is too poor. Now mining is basically done with high-end a cards. It's necessary to connect several top graphics cards in parallel, such as 7970. You don't know how many generations behind. People don't necessarily earn money by digging with top-level cards, not to mention your one.
according to bitinfocharts, the computing power of bitcoin network continues to rise today. Although bitcoin was unable to break through the $10000 price after its fall in February, the growing computing power in the past few months means that miners are increasingly interested in mining
in addition, whether mining makes money or not is related to computing power. If computing power is strong, the income will be high. Indivial mining can't make money now. It needs a certain scale of mining pool. If you encounter a good computing power platform, you can pay attention to it.
In the bear market of the past few days, until these days, the price of currency is graally stable, and the speculators can finally relax
as the saying goes, bull market sells money, bear market mines, but the real bull market is expected to come slowly
now, only mining can ease the mood, Haru miner , mining anytime and anywhere, Xiao mining entry artifact to understand
literally, bitcoin comes first, then blockchain. Bitcoin started in 2009 and blockchain started in early 2014
in essence, blockchain technology is a collection of technologies, mainly composed of distributed account book data
bitcoin is an application. In order to achieve some of the purposes of bitcoin, some technologies are used, because bitcoin is more and more valued by the market (that is, the price is getting higher and higher). These underlying technologies are later refined and called blockchain separately
then, their relationship is similar to that between internal combustion engine and automobile
in order to run, cars use internal combustion engine technology
the internal combustion engine technology is also widely used in trains, small power stations, agricultural machinery, engineering machinery, merchant ships, conventional submarines and small airplanes because of the wide application of automobiles. The number of internal combustion engines in the world ranks first among the power machinery of human beings
if you understand the relationship between blockchain and bitcoin in this way, is blockchain technology important
it's important, but more important is the structure of all kinds of human data and the decentralized future realized by this technology.