Development of mining machine
bitcoin mining machine is the computer used to earn bitcoin
mining software is the algorithm of bitcoin
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P 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 feature and algorithm of P2P 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
extended data:
bitcoin has the following six characteristics
1. Decentralization: bitcoin is the first distributed virtual currency, the whole network is composed of users, and there is no central bank. Decentralization is the guarantee of bitcoin's security and freedom
2. Worldwide circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6. Cross platform Mining: users can explore the computing power of different hardware on many platforms
source of reference:
network bitcoin mining machine
network bitcoin
The most advanced bitcoin mining machine, one to two years to dig out a bitcoin, bitcoin mining is now too difficult. If you want to dig, you can dig ether currency. Now it is steadily appreciating every day. According to the current development trend, it will be able to recover its capital in about seven months, and then it will be profitable< br />
the general computing power of the graphics card is a few gigabytes, while the professional miner chip is as high as several thousand gigabytes. Take bm1387, the chip with the lowest power consumption in the world, as an example, the S9's computing power is as high as 14T, the power consumption on the wall is only 1400W, and the rated computing power reaches 13.5 Th / s ± 1 J / GH + 12% (wall, AC / DC 93% efficiency, 25 ° Rated voltage: 11.6 ~ 13.0v, in addition, in the case of non independent power supply, three power calculation boards can be connected to different power supply respectively, but each power calculation board can not be connected to multiple power supply, and ensure that the power calculation board is finally powered on
among the mining machines, ant mining machine is my favorite. At the same time, based on the average investment cost of bitcoin in the early stage, ant S9 can basically recover the capital in about five months, and the income in the later stage is immeasurable.
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 />
See a lot of people selling bitcoin mining machines, why don't they go mining? Do they make more money selling machines than digging bitcoin
On the gold road, the most profitable is the ticket. Those who dig money are all gold miners. Mining machine manufacturers are those who sell water and shovels on the way to gold mining. The so-called saying is that they have heard the news one after another, and they specialize in the technology instry. It's OK to do a good job in their own specialty. They can't earn any moneythe purpose of enterprises is to make money. Since selling mining machines can make money, why should they be involved in the mining instry. Wu Jihan in mainland China is worth tens of billions of yuan only by selling mining machines, and he is engaged in large-scale mining in many countries. It's also very limited. Since selling equipment can make money, why do you have to mine
another example is the e-commerce instry. I don't know whether it makes money or not, but I know that agent operation must make a lot of money. Now the hot small program, businesses through small programs to earn money, I do not know, but those who help develop small programs companies must make money
The bitcoin mining machine downloads the mining software and then runs a specific algorithm to get the corresponding bitcoin after communicating with the remote server, so as to obtain the bitcoin
any computer can become a mining machine, but the benefit will be relatively low, and it may not be able to dig a bitcoin in ten years. Many companies have developed professional bitcoin mining machines, which are equipped with special mining chips, and their computing speed is tens or hundreds of times higher than that of ordinary computers
bitcoin miners can neither increase their rewards by cheating, nor deal with the fraulent transactions that destroy the bitcoin network, because all bitcoin nodes will reject the blocks containing invalid data that violate the bitcoin protocol rules. Therefore, even if not all bitcoin miners can be trusted, the bitcoin network is still secure
extended data:
mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network
this process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary
anyone can run software on specialized hardware and become a bitcoin miner. Mining software monitors transaction broadcast through P2P network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners can earn transaction fees paid by users to speed up transaction processing and additional bitcoin issued according to fixed formula
Coin circle mining refers to that miners use mining machines, consume electricity, calculate algorithm problems (solve the problem of workload proof mechanism with a certain workload to manage bitcoin Network - confirm transactions and prevent double payment), work out standard answers (obtain the right to generate blocks and successfully generate new blocks), And the process of getting a certain amount of monetary reward (bitcoin)
each person (network node) carries out broadcast transactions to the whole village (Network). After these broadcast transactions are verified by the miners (computers on the network), the miners express their confirmation with their own algorithm answers (work proof results), and the confirmed transactions will be packaged into a data block (one page ledger), Data blocks are strung together to form a continuous chain of data blocks (the whole ledger)
when a person (node) finds the algorithm answer matching the requirements, it can broadcast its results to the whole network. Others can receive the new data block and check whether it is qualified
if other people find that they really meet the requirements (the calculation target required by bitcoin) through calculation, then the page ledger (data block) is valid, and other people will accept it, and correspondingly they will get a certain reward
mining capacity
every time a miner successfully records a page of account book, a certain number of new bitcoin will be born to encourage successful bookkeeping
the bitcoin system determines the number of bitcoins issued according to the preset rhythm of Mr. Nakamoto
in addition to mining rewards, miners will also receive handling charges
since miners can decide whether to package a certain transaction data into a data block, miners may give priority to the transaction with higher handling charge
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