The difference between pool mining and self computer mining

Updated on technology 2024-05-09
12 answers
  1. Anonymous users2024-02-09

    There are a number of reasons why the data is different, it can be a delay in the display or an error in the data. It's also possible that the mining pool is playing tricks. China's bitcoin mining pool and the crypto network mining pool are both emerging bitcoin mining pools, and the rate should be compared first.

    As for the accuracy, I don't know, I don't mine.

  2. Anonymous users2024-02-08

    It is important to choose a stable mining pool when mining. Nowadays, computer mining also needs to be connected to the mining pool service, and the two are inseparable.

    The choice of these two also needs to be very cautious, the mining pool needs a fee, and the mining software also needs to be pumped, so a good choice is very important. I also tried almost all the software on the market before I found such a mining software--Salmon miner, but also has its own mining pool. Super good service experience, and the income is high!

    Below is a chart of my earnings, which previously could only have 6 blocks per day.

  3. Anonymous users2024-02-07

    Mining is a synonym for Bitcoin that accumulates income for activities.

    Mining was brought about by the recent Bitcoin boom. Bitcoin, as a virtual currency, can be exchanged for real money.

    One of the ways to acquire bitcoin in the network is to participate in activities on a daily basis, which are like mining in online games, where you need to slowly accumulate wealth in exchange for bitcoins.

  4. Anonymous users2024-02-06

    Computer mining: When a user "mines" bitcoins, they need to use a computer to search for 64-bit numbers, and then compete with other gold diggers by repeatedly solving puzzles to provide the required numbers for the bitcoin network, and if the user's computer succeeds in creating a set of numbers, then 25 bitcoins will be obtained. To put it simply, it's about looking for Bitcoin.

    The principle of "mining" is that everyone first sends a question, who first calculates it and sends a handful of leeks to whom in the specified time, the number of leeks is 2100 tons, and half is sent every four years (1050 tons in the first four years, 525 tons in the next four years, and so on), the number is limited on a first-come, first-served basis, and then a bulletin board will be set up to tell everyone, each time who answered the question correctly.

    The corresponding laws and regulations of computer mining in China are:

    In China, the Renminbi Regulations prohibit the production and sale of token tickets. Since there is no clear judicial interpretation of the definition of token tickets, if Bitcoin is included in the "token tickets", the legal future of Bitcoin in China faces uncertainty.

    The notice of the Ministry of Culture and the Ministry of Commerce on strengthening the management of virtual currency in online games stated that the scope of application of virtual currency in online games was clarified for the first time, and the current virtual currency of online games was distinguished from virtual items in games; At the same time, the notice said that the "Notice" stipulates that enterprises engaged in related services must be approved before they can operate.

    Bitcoin mining rigs

    It is a computer used to earn bitcoins, which generally has a professional mining chip, and mostly works by burning graphics cards, which consumes a lot of power. One of the ways to obtain bitcoins is to use personal computer ** software and then run a specific algorithm to communicate with a remote server to get the corresponding bitcoins.

    Bitcoin

    Unlike most currencies, Bitcoin does not rely on a specific monetary institution to issue, it is generated by a large number of calculations according to a specific algorithm, and the Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors, and uses cryptography to ensure the security of all aspects of currency circulation. The decentralized nature of P2P and the algorithm itself ensure that the value of the currency cannot be artificially manipulated by mass-producing bitcoins. Cryptography-based design allows bitcoins to only be transferred or paid for by the real owner.

    This also ensures the anonymity of currency ownership and circulation. Bitcoin is very limited in total and scarce. The monetary system had no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million.

  5. Anonymous users2024-02-05

    The production process of virtual currencies is called "mining" and is illegal.

    A computer searches for 64-bit numbers, and then competes with other gold diggers to provide the Bitcoin network with the required numbers by solving puzzles over and over again, and if the user's computer succeeds in creating a set of numbers, then 25 bitcoins will be obtained. To put it simply, it's about looking for Bitcoin.

    Due to Bitcoin's decentralized programming, 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 is self-sufficient, coded to defend against inflation and prevent others from sabotaging them.

    Social impact. Following the introduction of the policy of completely shutting down virtual currency mining projects, Inner Mongolia once again took action to "rectify" the virtual currency mining industry.

    On May 18, 2021, the Development and Reform Commission of the Inner Mongolia Autonomous Region issued a notice announcing the establishment of a reporting platform for virtual currency "mining" enterprises, which includes four categories: virtual currency "mining" enterprises; Virtual currency "mining" enterprises disguised as data centers to enjoy preferential policies in terms of taxes, land, electricity prices, etc.; Enterprises that provide venue leasing and other services for enterprises engaged in virtual currency "mining"; Enterprises that obtain electricity through illegal means** and engage in virtual currency "mining" business.

    Under the comprehensive withdrawal policy of virtual currency in Inner Mongolia, the virtual currency mining industry in Inner Mongolia began to move to Sichuan and other places. As early as the beginning of March, a number of mine owners and miners in Inner Mongolia told The Paper that their machines and mines began to move out of Inner Mongolia, and a number of mine owners in Sichuan revealed that they had received many requests from Inner Mongolia for the hosting of mining machines.

  6. Anonymous users2024-02-04

    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 the 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.

    Ordinary users who want to experience mining can try to take advantage of itSalmon minerEven if you don't know anything about mining, you can use it!

  7. Anonymous users2024-02-03

    Personally, it is recommended to choose regular mining, IPFS mining machines, such as head mining machine manufacturers, such as Fire Thor, IPFS, etc.

  8. Anonymous users2024-02-02

    What exactly is Bitcoin? What does mining mean? Just look at this.

  9. Anonymous users2024-02-01

    Smart blockchain cloud storage is doing very well, let's fight with me.

  10. Anonymous users2024-01-31

    The blockchain wallet chooses the private key of the Kushen cold wallet to prevent hacker invasion.

  11. Anonymous users2024-01-30

    1. To understand the problem of home computer mining, you must first explain mining clearly. After the advent of Bitcoin, since everyone kept an identical ledger of transactions, it was necessary for someone with the final decision to be responsible for recording this ledger. Who's going to keep track of it?

    Through a problem to decide, whose computer is the first to calculate correctly, then it has the right to keep accounts, recording all the data of this block, this is the popular explanation of mining. And reward this bookkeeper and get an extra sum of money, this is the reward for mining, and the reward is given to the person who has contributed enough computing power to solve the problem, which is also the reason why we want to mine, the currency is money, in order to make money.

    2. Bitcoin mining was just a matter of CPU at the beginning, and then, for more money, technicians developed faster and faster accounting methods for graphics cards, FPGAs, and ASIC chips. Please note here that it is only the accounting method of Bitcoin, Bitcoin is the SHA256 algorithm, which is only suitable for this, and can only be mined under this algorithm. Later, more algorithms such as EThash, Kawpow, CryptoNight, ZHASH, X16R, RandomX, ...... appeared, the list is endless.

    3. Pay attention to several concepts here, algorithms (a bunch above), devices (CPU, graphics card, FPGA, ASIC) they complement each other, a currency may have multiple algorithms or a single algorithm to keep accounts, and the same device can also run different algorithms to obtain different rewards, the difference is only the efficiency of bookkeeping, the speed of making money. Therefore, Bitcoin can be mined with any kind of CPU, graphics card, FPGA, and ASIC, but ASIC is the most efficient and cost-effective. Let's return to the topic, what can a home computer dig?

    Home computer = CPU + graphics card CPU is more suitable for Monero under the randomX algorithm, and for graphics cards, it is suitable for NiceHash automatic selection.

  12. Anonymous users2024-01-29

    LaptopsOf course you can mine.

    Main information:

    Laptop, abbreviated as notebook, also known as "laptop, laptop, handheld computer."

    or laptop", the feature of the change is the small body. It is more portable than a desktop computer, and it is a small, portable personal computer. Usually weighs 1-3 kg.

    The current trend is to be smaller and lighter, lighter and more functional.

    To reduce the size, laptops use liquid crystal displays.

    LCD screen). In addition to the keyboard, it is also equipped with a touchpad or pointing stick as a pointing device.

    The difference between a laptop and a desktop is portability, which has different requirements for the capacity of the motherboard, CPU, memory, graphics card, hard drive, etc.

    Today's laptops are differentiating into different trends according to their use, with netbooks tending to be used for daily office work and electric pick-ups; Business laptops tend to be stable, with low power consumption and longer battery life.

    Home laptops boast good performance and high value for money, gaming laptops.

    It is specially used to cater to a small number of people going out to play; Audiophile-level configuration, good entertainment experience, of course** is not low, and the battery life is not ideal.

    At present, there are many laptops in the global market that are brand of hosiery brands. In order (in no particular order): Apple, Lenovo, HP, Asus, Acer, etc.

    Note: The brand of laptops is divided into three lines, first-line, quasi-first-line, second-line and third-line.

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