Simply speaking, Bitcoin mining is to use the computing power of your mining equipment to solve mathematical problems and confirm online transactions to ensure the security of the entire Bitcoin system. As a return, the Bitcoin system will give the miners who are not equal to Bitcoin rewards. Essence
The professional point is: mining is a distributed consensus system that includes the transaction data to be confirmed to complete the transaction. Through mining, the data in the blockchain can be mandatory to store in the order of time, maintain the neutrality of the Bitcoin network, and allow different computers on the Bitcoin network to reach an agreement on the system state. To be confirmed by the transaction, it must be packaged into a block that meets very strict cryptography and verification through the Bitcoin network. These rules can prevent modifications of existing blocks, because once there are changes, all blocks will fail afterwards. The difficulty of mining is equivalent to the lottery. No one can easily and continuously add the new block to the blockchain. Therefore, no one can control what content contained in the blockchain or replace part of the content in the blockchain to achieve the purpose of reducing their cost.
At present, Bitcoin mining requires professional ASIC mining machines. For example, the Avaron mining machine (commonly known as pumpkin mining machine), which has created countless industries, is said to be Avaron 2.3 The T mining machine is about to come out, the 28nm chip is also about to flow, and the 16nm chip is also developed.
Bitcoin mining machine is a computer used to earn Bitcoin. Such computers generally have professional mining chips, and most of them work in installing a large number of graphics cards, which consumes a lot of power. The computer downloads mining software and then runs a specific algorithm. After communicating with the distant server, you can get the corresponding Bitcoin. It is one of the ways to get Bitcoin.
This Reminder: Investment is risky, and you need to be cautious to choose. According to the notice and announcement issued by the People's Bank of China and other departments, virtual currency is not issued by the currency authorities, and it does not have legal and mandatory currency attributes. It is not a real currency. It does not have the same legal status as the currency. It cannot be used as currency in circulation in the market. Citizen investment and transaction virtual currencies should not be protected by law. This response time: 2021-04-12, please refer to the official website of Ping An Bank. [Ping An Bank I know] Want to know more? Come and see "Ping An Bank, I know" ~ B.pingan/Paim/Iknow/Index
Bitcoin mining refers to the process of consumption of computing resource processing transactions.
Bitcoin is essentially an open bookkeeping system, and mining is the power to obtain the bookkeeping. Whoever completes the bookkeeping first can get Bitcoin rewards.
In the Bitcoin world, a data block is generally disclosed in about 10 minutes. This data block contains transactions within this 10 minutes, and mining people are competing for this bookkeeping. that power.
Mining is a reputation for cumulative income in Bitcoin. It mining is brought out of the recent Bitcoin. Bitcoin, as a virtual currency, can be exchanged for real currency. The method of getting Bitcoin in the network is to participate in related activities every day. These activities are like mining in online games and need to slowly accumulate wealth in exchange for Bitcoin.
00:00 / 03: 2170% shortcut keys to describe space: Play / pause ESC: Exit full screen ↑: increase volume 10% ↓: decreases by 10% →: Single fast forward 5 seconds studio Here you can drag no longer appear in the player settings to reopen the small window shortcut key description
Simply speaking, Bitcoin mining is to use the computing power of your mining equipment to solve mathematical problems and confirm online transactions to ensure the security of the entire Bitcoin system. As a return, the Bitcoin system will give the miners who are not equal to Bitcoin rewards. Essence
The professional point is: mining is a distributed consensus system that includes the transaction data to be confirmed to complete the transaction. Through mining, the data in the blockchain can be mandatory to store in the order of time, maintain the neutrality of the Bitcoin network, and allow different computers on the Bitcoin network to reach an agreement on the system state. To be confirmed by the transaction, it must be packaged into a block that meets very strict cryptography and verification through the Bitcoin network. These rules can prevent modifications of existing blocks, because once there are changes, all blocks will fail afterwards. The difficulty of mining is equivalent to the lottery. No one can easily and continuously add the new block to the blockchain. Therefore, no one can control what content contained in the blockchain or replace part of the content in the blockchain to achieve the purpose of reducing their cost.
At present, Bitcoin mining requires professional ASIC mining machines. For example, the Avaron mining machine (commonly known as pumpkin mining machine), which has created countless industries, is said to be Avaron 2.3 The T mining machine is about to come out, the 28nm chip is also about to flow, and the 16nm chip is also developed.
Bitcoin mining machine is a computer used to earn Bitcoin. Such computers generally have professional mining chips, and most of them work in installing a large number of graphics cards, which consumes a lot of power. The computer downloads mining software and then runs a specific algorithm. After communicating with the distant server, you can get the corresponding Bitcoin. It is one of the ways to get Bitcoin.
This Reminder: Investment is risky, and you need to be cautious to choose. According to the notice and announcement issued by the People's Bank of China and other departments, virtual currency is not issued by the currency authorities, and it does not have legal and mandatory currency attributes. It is not a real currency. It does not have the same legal status as the currency. It cannot be used as currency in circulation in the market. Citizen investment and transaction virtual currencies should not be protected by law.
This response time: 2021-04-12, please refer to the official website of Ping An Bank.
[Ping An Bank I know] Want to know more? Come and see "Ping An Bank, I know" ~
B.pingan/Paim/Iknow/Index
Bitcoin mining refers to the process of consumption of computing resource processing transactions.
Bitcoin is essentially an open bookkeeping system, and mining is the power to obtain the bookkeeping. Whoever completes the bookkeeping first can get Bitcoin rewards.
In the Bitcoin world, a data block is generally disclosed in about 10 minutes. This data block contains transactions within this 10 minutes, and mining people are competing for this bookkeeping. that power.
Mining is a reputation for cumulative income in Bitcoin.
It mining is brought out of the recent Bitcoin. Bitcoin, as a virtual currency, can be exchanged for real currency.
The method of getting Bitcoin in the network is to participate in related activities every day. These activities are like mining in online games and need to slowly accumulate wealth in exchange for Bitcoin.
00:00 / 03: 2170% shortcut keys to describe space: Play / pause ESC: Exit full screen ↑: increase volume 10% ↓: decreases by 10% →: Single fast forward 5 seconds studio Here you can drag no longer appear in the player settings to reopen the small window shortcut key description