Demand analysis of mining capacity

1. From cheap electricity to centralized mining, China's resources and environment provide bitcoin miners with many advantages. In recent years, bitcoin miners have used cheap electricity to expand their business in coal rich regions such as Xinjiang and Inner Mongolia, which are home to the founders of some of the world's leading mining companies

with the rising price of bitcoin, more and more people join the bitcoin mining business. Accordingly, mining consumes more and more energy. Obviously, our government is also aware of this

according to the requirements of the document, regulators require local governments to take measures related to electricity price, land use, tax and environmental protection to guide bitcoin miners to withdraw from the business. According to foreign media reports, regulatory authorities are mainly concerned about the money laundering and financial risks involved in the shutdown policy, but excessive power consumption is also a factor that can not be ignored. In principle, bitcoin mining consumes a lot of power because every time a new bitcoin is proced, it needs to solve the complex mathematical problems through the encryption process performed by a high-performance computer. Mining calculation process is used to verify bitcoin transactions in the blockchain to ensure security, but the disadvantage is that it consumes a lot of energy.

2. This income is not fixed. Today is July 17th. According to the difficulty of today, you can dig 0.019 BTC a day. Today's price of okcoin exchange is 578, so your daily RMB income is 10.982 RMB. The difficulty will increase day by day, and your income will graally decrease!

3. "computing power (also known as hash rate) is the unit of measurement of bitcoin network processing power, that is, the speed at which the computer (CPU) calculates the output of hash function. In mining, the better the computing power, the faster the mining speed of the mining machine. As for the computing experience of the mining platform, it's like you buy an apple, you have to taste it. I bought the machine on the golden hoe platform before. What they gave me was a month's computing experience, which should be high in the mining platform.

4. Every block of the calculation force is readjusted, and the miners are also in and out. The fluctuation is normal

5.

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

< H2 > extended data:

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

6. The reason for computing power contract is that bitcoin mining has become more and more professional, and mining has higher and higher requirements on site and technology. Personal mining has become no longer relaxed and pleasant
therefore, computing power trading platforms like 58hash emerge as the times require. Users only need to purchase computing power, trust computing power to the computing power trading platform, pay a certain maintenance fee, and the computing power hosting platform will uniformly maintain the mining machines, and issue the extracted bitcoin to users on time.

7. Now, if we are mining in the computing power bee, the income is still OK. There are two parts of income. In addition to hoarding the bitcoin g by the current computing power, there can also be HBT's reward income, which can be used to re invest the computing power contract and add the computing power. The way of re investment can make the computing power grow faster and faster, and dig more and more coins
as long as the HBT reward is always there, it is equivalent to re investment, and mining can be carried out permanently in theory. The purchasing power is calculated in a three-year cycle, but in fact, the income from mining is far greater than the three-year cycle.

8. The official introction is from the global large-scale modern physical mines, and access to rrmine (Renren mine) platform through the global top 10 mines. It's a very international platform

9. Ethereum is not an institution

10. There is no standard, of course, the lower the better, below 60 degrees can be.