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Mining stem

Publish: 2021-03-26 07:03:48
1.

mining: that is, bitcoin mining, is a process of using computer hardware to calculate the location of bitcoin and obtain it

2. 1. What does mining mean
ancient mining can be traced back to the selection of stone materials in the stone age. Later, with the rise of the metallurgical instry, mining, mineral processing technology has graally developed. This paper introces the ancient Chinese open-pit mining, underground mining, roadway support, rock fragmentation, roadway ventilation, lighting, drainage, transportation, mineral processing and other aspects< There are many surface outcrops, slope deposits or resial deposits in open-pit mining of various metal veins or orebodies, so open-pit mining has become an important mining method in ancient times. Open pit mining can be divided into excavation method and reclamation method
2. Mining is the synonym of accumulated income for activities in bitcoin

mining is brought out by the recent popularity of bitcoin. As a virtual currency, bitcoin can be exchanged for real currency. One of the ways to get bitcoin on the Internet is to participate in related activities every day. These activities, like mining in online games, need to slowly accumulate wealth in exchange for bitcoin.
3.

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

4.

Mining: that is, bitcoin mining, is a process of using computer hardware to calculate the location of bitcoin and obtain it

3, users use personal computer to download software, and then run specific algorithms. After communicating with remote server, they can get corresponding bitcoin, which is one of the ways to get bitcoin. Ordinary graphics cards don't need to try, and electricity charges are not enough. Master Lu has bitcoin test, which can see how long it takes for your computer to dig a bitcoin

5.

Mining means that users download software from personal computers and then run specific algorithms to get corresponding bitcoin after communicating with remote servers

bitcoin is a kind of network virtual currency. Internet users can use bitcoin to buy some virtual goods, such as clothes, hats and equipment in online games. Internet users can also use bitcoin to buy real goods

bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware, and the miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by the miners, so the competition for mining is very fierce

bitcoin mining started with low-cost hardware such as CPU or GPU, but with the popularity of bitcoin, the mining process has changed greatly. Nowadays, the mining activities are transferred to the field programmable gate array, and the hash speed can be achieved through optimization. The mining efficiency of this mode is very high

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extended materials:

the founder of bitcoin:

on November 1, 2008, a person who called himself Satoshi Nakamoto posted a research statement on a secret cryptography review group, stating his new idea of e-money - bitcoin came out and the first transaction of bitcoin was completed

bitcoin has got rid of the constraints of third-party organizations with the help of Internet, which Nakamoto calls "regional chain". Users are willing to dedicate the computing power of CPU and run a special software to be a "digger", which will form a network to maintain the "regional chain". In the process, they also generate new money

trading is also extended on this network. The computer running this software can solve the problem of irreversible code, which contains several trading data

the first "miner" to deal with the problem will be rewarded with 50 bitcoin, and the relevant trading area will join the chain. As the number of "miners" increases, the difficulty of each puzzle also increases, which keeps the proctivity of bitcoin in each trading area at about 10 minutes

in 2009, Nakamoto designed a digital currency, namely bitcoin. The booming bitcoin market has gone up and down, and the identity of its founder "Nakamoto" has always been a mystery. Rumors about "the father of bitcoin" involve from the US National Security Agency to financial experts, and also give bitcoin a mysterious aura

6.

Bitcoin mining is a process of using computer hardware to calculate transaction confirmation and improve security. Bitcoin is a reward for miners to calculate and confirm

bitcoin also has a hype mode. Similar to bitcoin, there are also flow ores. Flow ores also have ways of trading and speculation, but the mining principle of flow ores is different from bitcoin. Flow ores mainly collect the idle bandwidth of miners and give them rewards

in fact, the blockchain technology adopted by bitcoin is more valuable than itself. This is a new way of information storage. The data is stored in all devices connected to the network. When new devices join, the information will be updated automatically, and all devices have the right to read the information

to understand the significance of bitcoin from the perspective of currency, we need to understand the currency itself first, and then compare it with the characteristics of bitcoin. After comparison, I think that bitcoin is a very high-quality currency, but some people don't think it is. They mainly question the formation mechanism of bitcoin and the lack of national credit as guarantee. They think its foundation is relatively weak

at present, there are quite a lot of arguments about bitcoin in academic circles. For example, if the total amount of bitcoin is certain, then whether it will cause deflation or inflation has different views. I think it's deflation, and the value of bitcoin will be higher and higher

at present, bitcoin still means a little bit of a safe haven currency. When the news of brexit came out, the transaction price of bitcoin rose by 20% - 30% to about 4500 yuan / piece

the biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million

the concept of bitcoin was first proposed by Nakamoto in 2009. Bitcoin, also known as bitcoin, is an open source software designed and released according to the idea of Nakamoto Tsung, and a P2P network built on it. Unlike most currencies, bitcoin does not rely on a specific central issuing institution. It uses distributed databases throughout the P2P network nodes to record currency transactions, and uses cryptography design to ensure the security of all aspects of currency circulation

7. Bitcoin Mining: using computer hardware to calculate the location of bitcoin and get the process is called mining. The concept of bitcoin was first put forward by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and p-2p China network was built on it. Bitcoin is a kind of digital currency in the form of p-2-p. Point to point transmission means a decentralized payment system. Unlike most currencies, bitcoin does not rely on a specific monetary institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole p-2p network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized characteristics and algorithm of p-2p can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system had no more than 5.5 million in four years, after which the total number would be permanently limited to 2 million
8.

Computer Mining: when users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins. In short, it's about looking for bitcoin

e to the decentralized programming adopted by the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes

extended data:

the corresponding laws and regulations of computer mining in China:

in China, the regulations on the administration of RMB prohibit the proction and sale of token tickets. Because there is no clear judicial interpretation of the definition of token ticket, if bitcoin is included in the "token ticket", the legal prospect of bitcoin in China will face uncertainty

the notice of the Ministry of culture and the Ministry of Commerce on strengthening the management of virtual currency of online games (Wen Shi Fa [2009] No. 20) on June 4, 2009 stated that the application scope of virtual currency of online games was defined for the first time, and the distinction between the current virtual currency of online games and the virtual props in the game was made; At the same time, the notice said that the "notice" stipulates that enterprises engaged in related services must be approved before they can operate

in China, some Taobao stores also began to accept the use of bitcoin, and the number of businesses will graally increase

in October 2013, the first bitcoin quarterly, one bit, was released

on October 15, 2013, the network accelerator service of the network announced its support for bitcoin

on October 26, 2013, btcmini reported that GBL was hacked

on October 31, 2013, Lei Teng, a famous Internet lawyer, proposed the event of "filing a case to investigate the closure of GBL bitcoin trading platform as soon as possible", analyzed the "value function" and "use function" of bitcoin, and bitcoin should be governed by relevant laws

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