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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 3.92M
24 hours turnover $ 77.29B
Market Direction Short
Panic Index 20 (Extreme panic)
Swap Rate 20.48%
Market Value Proportion 38.60%
market value $ 2,048.87 x 100 million
24 hour increase 1.12%
Computing power 222.66 EH/s
daily output 0.00000392 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.

+67.05%
ETH
Shut Down
Issue amount 121630728
24 hours volume 27.52M
24 hours turnover $ 37.37B
Market Direction Long
Swap Rate 22.46%
Market Value Proportion 17.18%
market value $ 808.87 x 100 million
24 hour increase 1.41%
Computing power 855.24 TH/s
daily output 0.00001549 ETH / 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.

+372.30%
LTC
Shut Down
Issue amount 84000000
24 hours volume 11.23M
24 hours turnover $ 606.00M
Market Direction Short
Swap Rate 15.76%
Market Value Proportion 0.39%
market value $ 22.25 x 100 million
24 hour increase -0.02%
Computing power 485.80 TH/s
daily output 0.00001511 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.

-7.26%
DASH
Shut Down
Issue amount 18900000
24 hours volume 797.46K
24 hours turnover $ 33.90M
Market Direction Short
Swap Rate 7.29%
Market Value Proportion 0.04%
market value $ 3.68 x 100 million
24 hour increase -9.17%
Computing power 2.35 PH/s
daily output 0.00024754 DASH / G
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.

-58.77%
DCR
Shut Down
Issue amount 21000000
24 hours volume 37.92K
24 hours turnover $ 954.47K
Market Direction Long
Swap Rate 0.26%
Market Value Proportion 0.03%
market value $ 2.51 x 100 million
24 hour increase -5.24%
Computing power 85.24 PH/s
daily output 0.00000354 DCR / G
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.

-87.59%
ZEC
Shut Down
Issue amount 21000000
24 hours volume 1.37M
24 hours turnover $ 81.08M
Market Direction Short
Swap Rate 8.95%
Market Value Proportion 0.09%
market value $ 5.35 x 100 million
24 hour increase -7.05%
Computing power 9.71 GH/s
daily output 0.00028412 ZEC / K
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.

+61.30%
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