1 thought on “What does mining mean”

  1. Mining is to use Bitcoin mining machines to earn Bitcoin.
    The user download software with a personal computer and then run a specific algorithm. After communicating with the distant server, you can get the corresponding Bitcoin. It is one of the ways to get Bitcoin.
    Bitcoin is a virtual currency. The Bitcoin mining system is the process of developing mathematical operations for Bitcoin network through computer hardware. Calculate, for this, the competition for mining is very fierce.
    I mining is actually competition for performance and equipment. Mining machines consisting of many graphics cards, even if it is just a low -end graphics card such as HD6770, the computing power after the "group" can still surpass most users Single graphics card.
    and this is not the most terrible. Some mining machines are composed of more such graphics arrays. Dozens of or even hundreds of graphics cards come together. The graphics card itself also requires money. There are quite a lot of expenditures for costs.
    The expansion information: Bitcoin mining process:
    1. Find the mining pool
    For data packets, the terminal can be calculated by the precision algorithm to pay the corresponding amount of Bitcoin according to the proportion.
    2, download the Bitcoin mininger (software)
    , in fact, there are many types of miningers. You can go to the official website to download.
    3. Set the mining software
    guiminer is a green software. After the installation is completed, we can set the language first to make it easier to set it. Next, you need to set the server, user name, password, device, etc. for the mininger. The general server is better to choose a network from the BTC Guild series. The username and password are set by ourselves before.
    4, the start of Bitcoin mining
    When we confirmed that the settings are not correct, click the "Starting Mining" button to start digging Bitcoin, and the graphics card will soon enter a full speed operation. The temperature is rising and the fan speed is improved. You can monitor the status through GPU-Z or graphics.
    Reference materials: Baidu Encyclopedia — Bitcoin
    Reference materials: Baidu Encyclopedia -Bitcoin mining machine

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