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How to mine bitcoin?

Bitcoin, as a virtual digital currency, is generated by a large number of operations through a specific program. This process is called "mining", and the person who mines is called "miner". In fact, a computer is used to crack a math related to bookkeeping. Question - "Hash Puzzle". Mining machines continuously perform hash collisions 24 hours a day to compete for the right of accounting in the blockchain. Whoever keeps the accounts, the generated bitcoins belong to whomever.

Someone described the relationship between Bitcoin and miners before: "Mining to obtain Bitcoin is more like the gold rush that has been experienced in the United States and Australia." Gold panning is different. It takes a lot of patience and a lot of luck in addition to pure physical labor. That's what it's like to mine Bitcoin. To be more precise, our mining is to participate in a 'Hunger Games' held every 10 minutes, miners from all over the world will participate, and the prize of the game is Bitcoin. "Because the scale and number of mining farms are getting bigger and bigger, the difficulty of getting bitcoin prizes is increasing day by day, which was mandated by "Satoshi Nakamoto" when he created bitcoin. Before 2012, each game could generate 50 After that, it will be halved every 4 years, that is to say, now, each game will only generate 12.5 rewards. Moreover, this game has a clear end time, when the number of bitcoins reaches 21 million It will be completely over. It is estimated that it should be around 2140.

"Miner" operation process

Step 1: Register the wallet

Step 2: Purchase a mining machine

Step 3: Find stable and reliable mining farms and mining pools

Step 4: The miner is put on the shelf, powered on, and debugged

Step 5: 24/7 maintenance

Step 6: Laughing and watching the bitcoins in the digital wallet increase every second

Step 7: Sell coins to achieve financial freedom

BTC
Shut Down
Issue amount 21000000
24 hours volume 972.49K
24 hours turnover $ 68.19B
Market Direction Short
Panic Index 78 (Extremely greedy)
Swap Rate 4.94%
Market Value Proportion 51.42%
market value $ 7,252.66 x 100 million
24 hour increase 0.41%
Computing power 689.95 EH/s
daily output 0.00000075 BTC / T
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
LTC
Shut Down
Issue amount 84000000
24 hours volume 21.50M
24 hours turnover $ 2.04B
Market Direction Short
Swap Rate 28.92%
Market Value Proportion 0.26%
market value $ 35.60 x 100 million
24 hour increase 0.07%
Computing power 997.68 TH/s
daily output 0.00000367 LTC / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
BCH
Shut Down
Issue amount 21000000
24 hours volume 3.75M
24 hours turnover $ 1.88B
Market Direction Short
Swap Rate 19.06%
Market Value Proportion 0.39%
market value $ 51.56 x 100 million
24 hour increase -0.75%
Computing power 4.02 EH/s
daily output 0.00026007 BCH / T
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
FIL
Shut Down
Issue amount 2000000000
24 hours volume 134.20M
24 hours turnover $ 1.25B
Market Direction Short
Swap Rate 25.43%
Market Value Proportion 0.18%
market value $ 59.61 x 100 million
24 hour increase 1.20%
Computing power 22.63EiB
daily output 0.00463229 FIL / TiB
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
XCH
Shut Down
Issue amount 31234162
24 hours volume 619.57K
24 hours turnover $ 26.36M
Market Direction Short
Swap Rate 9.36%
Market Value Proportion 0.01%
market value $ 4.77 x 100 million
24 hour increase -0.25%
Computing power 14912.60839843 PiB
daily output 0.00014691 XCH / TiB
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
ETC
Shut Down
Issue amount 210700000
24 hours volume 31.82M
24 hours turnover $ 799.17M
Market Direction Short
Swap Rate 23.14%
Market Value Proportion 0.33%
market value $ 33.42 x 100 million
24 hour increase 1.34%
Computing power 185.86 TH/s
daily output 0.00008892 ETC / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
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