What is the efficiency of a mining machine (What does a mining machine look like)?

What is the efficiency of a mining machine? What is the efficiency of a Bitcoin mining machine? In the traditional process of mining with a computer, in order to save electricity consumption and improve equipment performance, it is generally necessary to use a laptop or personal computer. However, the mainstream graphics card prices on the market are relatively low. But with the soaring prices of cryptocurrencies, some small hardware companies have started to launch their own products, and these companies have taken the machines away from ordinary users.

Apart from ASIC chips, due to the continuous decline in computing power, the threshold for using ASIC chips is getting higher, which makes it difficult for many small miners to participate in blockchain technology. Therefore, most small players still choose products they are interested in mining.

In fact, mining coins is a way to obtain rewards through network transactions, and this process measures the profitability of a mining machine based on the value of computing power. For those users with high mining difficulty, this situation is very normal (because we know that each Bitmain S19 series only has a power consumption ratio of 21 million) in order to mine enough tokens. Moreover, if you want to quickly obtain profits, you must buy a complete set of equipment and invest in production, so as to reduce its costs and enjoy more returns. In addition, according to experience, such a system is also suitable for large-scale investment. Therefore, although some people regard Bitcoin as a speculative asset, most investors do not agree. Therefore, in the current environment, what advantages does a mining machine have?

Simply put, it can use idle electric resources to operate the mining farm; it can also use idle water resources for other purposes. For example, if you want to rent an apartment or a hotel, you may only spend a small amount of water, and then mine digital commodities such as Bitcoin as a source of income to earn the price difference and generate higher income. Of course, some people may spend some time buying new houses or landlord services, leasing services, and custodial services, including some private bank accounts, and so on.

For example, you can take an old office to install a server, install various new things inside, and then put these new machines into the cloud, which also comes with a lot of information about the mining farm, many introductions. But it does not specifically describe how to calculate all the available power resources.

I am Mo Xin Nan, the author of Odaily Planet Daily, exploring the real blockchain, for reporting, please add WeChat: 16601131135, please specify your name, company, position, and reason. For reposting/content cooperation and communication, please contact the email report@odaily.com.

What does a mining machine look like?

Mining is an important part of digital asset trading, and currently, the mainstream mining methods in the market include BTC, ETH, BCH, and LTC.

The key feature of Bitcoin mining is low power consumption, low power consumption (about 5 yuan per T of electricity), and high energy efficiency. Therefore, it also has great advantages in terms of investment: it can reduce the risk of capital loss and controllable returns. Because the price of cryptocurrencies is unstable and investors lack confidence in mining profits, it is necessary to purchase corresponding equipment.

Then, the mining methods can be divided into three types: ASIC mining machine, PoW mining machine, and POS mining machine.

1. PoS type: Taking BTC as an example, according to POC calculation, 1Gwei/MHash = 34.5J/TH (¥13K), that is, each block can only process 6 transactions, and the average block time is about 10 minutes; 2. PoH type: Use DPoS consensus mechanism for concurrent mining;

2. POS type: Use POS to ensure that the storage space in the network is large enough to ensure consistent node operation time. This part of the reward will be automatically adjusted by the system; 3. PoS type: After verifying the work proof with the PoS algorithm, participants need to mortgage a certain number of tokens to obtain valid tokens. However, if they are not fully utilized, it will cause a 51% attack incident and affect the security of the entire system.