After the Bitcoin crash, what can those mining rigs be used for?

Updated on technology 2024-02-14
26 answers
  1. Anonymous users2024-02-06

    Most of those mining rigs were sold. If you don't want to sell it, you can put it at home as an ornament, it is best to package it, and when friends come, you can say that this is a mining machine that has experienced wind and rain, and it represents the era of Bitcoin. If you look at it, it might be an antique.

    Imagine that more than 100 years later, your descendants will hold it on the treasure platform, and maybe it will be valued at hundreds of millions at that time, which is more than the money you make from mining. Of course, it may also be worthless, like a piece of. <>

    To be serious, those mining machines are the most useful for mining. If you don't mine, it's really useless. If you want to think of it as a computer, you'll find that that can't do anything, and the giant consumes power.

    It's better to sell it, but if you can't sell it, you can lose it. Remember not to litter, it is best to follow the tips for garbage separation. In fact, everyone doesn't want to see Bitcoin's **, after all, the losses caused are immeasurable.

    How much bankruptcy. But it has nothing to do with me. Well, very sympathetic to them.

    In fact, mining machines are all electronic products. Will there be a possibility, although only the mining machine will be decomposed and transformed into another kind of machine or object that people need very much, after all, China is a country that pays attention to making the best use of things, and everything may have the opportunity to be recycled, for example, garbage is classified as not to continue to use useful recycled resources into a tool or toy around you, etc. Isn't this very scientific, take the path of sustainable development?

    Corresponding national policy calls. I think it's also a way to stop losses. The country will be pleased.

  2. Anonymous users2024-02-05

    Bitcoin mining machines, that is, used to mine bitcoins, after the Bitcoin crash, many of those mining machines will be idle or even useless.

  3. Anonymous users2024-02-04

    I don't think there's any other use, it's just a mining machine. I guess it's all idle at home now.

  4. Anonymous users2024-02-03

    Its function is really only mining, if you have a very large amount, you can count the miners in the way of sheep when you can't sleep?

  5. Anonymous users2024-02-02

    In addition to mining, mining machines can also consume electricity, and the amount of electricity required by each mining machine is measured in astronomical amounts.

  6. Anonymous users2024-02-01

    Selling to those who play with other cryptocurrencies, like leeks, there is no stubble and the next stubble.

  7. Anonymous users2024-01-31

    Just thinking about it, it is proof that you have participated in the Bitcoin tide, and it is good to use it as a souvenir.

  8. Anonymous users2024-01-30

    Smart people will choose to modify the mining machine for other purposes, or keep it at home as a souvenir, which is not bad.

  9. Anonymous users2024-01-29

    After the collapse of Bitcoin, there will definitely be more second-hand mining machines on the market, and if you can't mine Bitcoin, then you can modify it to dig other things.

  10. Anonymous users2024-01-28

    Smart people use mining machines to turn them into useful things, but in my case, I guess I forgot about it in a corner of my home.

  11. Anonymous users2024-01-27

    Of course, there are other functions besides mining, but this is still very clear to those who know Bitcoin.

  12. Anonymous users2024-01-26

    After a big fall, you can stop first, and when it rises, it will open.

  13. Anonymous users2024-01-25

    Bitcoin mining is a way to get bitcoins, simply put, the whole network of miners to do a problem, who does it first, who will get bitcoin rewards, "miners" need to work hard in the block, that is, to consume computing resources to process transactions, mining for the configuration of equipment requirements are quite high, improve the configuration of equipment, can strengthen computing power, but also faster to get bitcoin. Bitcoin is an electronic currency, generated by open source P2P software, can be used for trading, can also be traded to make a profit, Bitcoin mining uses a hash algorithm, in the Bitcoin system, a large number of hashing operations need to be carried out, the calculated value needs to meet the regulations, who calculates fast, who can mine more bitcoins.

    Extended Materials. Bitcoin mining is a process that uses computer hardware to calculate the location of bitcoins and obtain them. Mining is an incentive process to record data in the Bitcoin system, where individual users have the right to package blocks by hashing using CPU or GPU, and when a specific hash value is calculated.

    In order to reward this user for packing the block, the system gives a certain amount of bitcoin as a 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, Monero, etc.

    Mining risks: 1. Currency security.

    Bitcoins require hundreds of bits of keys to be withdrawn, and most people will record this long string of numbers on their computers, but often problems such as hard disk damage will cause the key to be permanently lost, which also leads to the loss of bitcoins.

    2. Systemic risk.

    Systemic risk is very common in Bitcoin, and the most common is a fork. The fork will lead to a sharp decrease in the price of the coin** and the mining income. However, in many cases, the fork allows miners to earn, and the forked altcoin also needs the miner's computing power to complete the minting and trading process, and in order to win more miners, the altcoin will provide more block rewards and fees to attract miners.

    Risk, on the contrary, makes miners.

  14. Anonymous users2024-01-24

    Bitcoin is a tool or system for recording transactions, and what he does can be done in a centralized system, and his genius lies in the fact that it can do it without any central server, and it has theoretically proved that it is currently unbreakable.

    Mining, as professionally explained, is the process by which computer hashes (hashes or hash functions) collide randomly. To put it simply, the Bitcoin system comes up with a math problem to see whose mining equipment has the solution first.

    Any mining machine in the Bitcoin system is listening to the transaction information in the network, and every time it receives a transaction information, it will be recorded in its own block, and all the transaction records it currently receives will be put into the block, and then all the data in the block will be hashed to generate a hash value, or a digital fingerprint.

    How is Bitcoin mined? Now you can see it:

    Mining is a small number that can be changed and does not affect the other contents of the block, and the mining machine constantly modifies this small piece of data and calculates the hash value at the same time as the bookkeeping, until the hash value meets the requirements of the current system.

    If you calculate a hash that meets the requirements, you broadcast the hash along with the block: "Haha, I got it", and everyone verifies it for you, and finds that it is correct. Then silently put your block into the system.

    If you enter a string of strings, hash it will give you another string of corresponding strings (with numbers and letters). If you make a slight change and re-enter it, even if you only change one letter, the hash value will be completely different.

    For another example, block 007 assumes a problem: the miner who first calculates the following values will get bitcoins!

    Led by the miners, various computers began to painstakingly calculate the correct answers. Bitcoin itself also adjusts the difficulty and controls the time it takes to solve the problem, generally speaking, about every 10 minutes to mine a block. During these 10 minutes, the computer has to keep computing, trying all kinds of strings.

    It is also a contest between the computing power of different computers, or computing power for short. Miners with larger computing power computer mining rigs will receive greater profits. Although mining is a probability event, and a miner with a larger computing power may not always get the fastest correct solution, in proportion, if the miner has 10% of the computing power, then he can basically mine 10 blocks out of 100.

    In fact, ordinary computers can do it, the most important thing is to keep calculating, and the efficiency of using CPU computing is too low, so many people turn on GPU parallel computing mining, and even more, directly develop mining chips! As a result, everyone can't grab them with CPUs.

    According to reports, the most well-known cryptocurrency, Bitcoin, has been running at a high level for some time, has been above $40,000 since February 7, and once approached $65,000, with a market value of more than $1 trillion for some time.

    This is the centralization of computing power and the ** of mining tyrants.

  15. Anonymous users2024-01-23

    Bitcoin bai mining machine is a computer used to earn bitcoin du

    This kind of computer generally has a professional back-mining chip, and most of them use the method of burning the graphics card.

    Mining is actually a competition of performance, equipment, and a competition between miners for computing power, and miners with more computing power have a greater probability of mining Bitcoin. With the computing power of the whole network, it is becoming more and more difficult to mine bits with traditional equipment (CPU, GPU), and people have developed chips specifically for mining. The chip is the core part of the mining machine.

    The process of chip operation will generate a lot of heat, and in order to dissipate heat and cool down, Bitcoin mining machines are generally equipped with heat sinks and fans.

  16. Anonymous users2024-01-22

    1. The meaning of Bitcoin mining machine.

    Mining is the process of consuming computing resources to process transactions, ensure network security, and keep everyone's information in sync. It can be understood as a data center for Bitcoin, with the difference being its completely decentralized design, where miners operate in countries around the world and no one has control over the network. This process is called "mining" because it is similar to gold panning, as it is also a temporary mechanism used to issue new bitcoins.

    However, unlike gold panning, Bitcoin mining rewards those services that ensure the operation of a secure payment network. After the last Bitcoin issuance, mining is still a must.

    Second, the operating principle of the Bitcoin mining pool.

    1. The mining pool breaks through the geographical location and connects the computing power of miners and mining farms scattered around the world to mine together.

    2. The mining pool is responsible for information packaging, and the mining farms that are connected to it are responsible for competing for bookkeeping rights.

    3. Since the computing power of many miners is gathered, the computing power of the mining pool accounts for a large proportion, and the probability of mining bitcoin is higher.

    3. The computing power of Bitcoin mining machines.

    1. Computing power, as the name suggests, can be understood as computing power, the word computing power is generally used in the process of mining Bitcoin, mining Bitcoin requires the use of mining machines, and how many hash collisions each mining machine can do per second represents the "computing power" of this mining machine, and its unit is recorded as hash s.

    2. The definition of hash collision is given that the table m, there is a function f(key), for any given keyword value key, if the address containing the keyword can be obtained after substituting the function in the table, the table m is called a hash table, and the function f(key) is a hash function.

    3. At present, the mainstream mining machine is about 14t computing magnitude, and each mining machine can do at least 10 times 13 power hash collisions per second. We can say that this 14T mining machine has 14T computing power.

    4. The percentage of all mining machines controlled by miners to the total computing power of the entire Bitcoin network represents the probability that TA can win in this 10-minute competition. For example, if the hashrate of Bitcoin is 100 and a miner has 10 hashrate, then the probability of success in each competition is 1 10.

  17. Anonymous users2024-01-21

    Bitcoin mining machine is simply a computer with a good graphics card function, which mainly uses the GPU of the graphics card to calculate and mine bitcoins.

  18. Anonymous users2024-01-20

    Bitcoin mining machine is a computer used to earn bitcoins, this kind of computer generally has a professional mining chip, mostly uses the way of burning graphics cards to work, and consumes a lot of power. CoinEase above.

  19. Anonymous users2024-01-19

    The bit coin mining machine is used to earn BAI

    The computer that takes bitcoins, this DU type of computer generally has a professional mining chip, zhi

  20. Anonymous users2024-01-18

    Using the new model, creating a new outlet in the currency circle, may alleviate the status quo, create a new market, version users can buy the right to bht to play the new currency of the virtual currency, and then enter the currency exchange for subscription activities, buy Bitcoin and TRON at a low price, and then sell in the market, invisibly get ten times the income! This may be the pattern that will become popular in the future!

  21. Anonymous users2024-01-17

    The miner's machine is a machine that is more powerful than the graphics card for obtaining bitcoins, and it has hardware with a special circuit design, which is many times more efficient than the miner. There is a special sales of mining machines, 960832839qq, you can contact if you need it.

  22. Anonymous users2024-01-16

    The machine used to mine bitcoins is called a bitcoin miner.

  23. Anonymous users2024-01-15

    The mining machine is a thing like a computer host, automatically run mining, and the coins produced are automatically hit into the wallet, the speed of this machine digging out is relatively fast, the bigger the more it is dug, and now it is all in t, to show you an article suitable for novice mining, you must read it before the mining machine is hosted.

  24. Anonymous users2024-01-14

    A supercomputer specifically designed to mine Bitcoin.

  25. Anonymous users2024-01-13

    Bitcoin BAI

    Mining machine is a computer used to earn bitcoins, and this kind of computer DAO generally has a professional mining chip back, and more answers.

  26. Anonymous users2024-01-12

    Bitcoin mining machine bai, is a professional machine used to earn Du to withdraw bitcoins, and users use personal calculations.

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