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How is Bitcoin mined? What are the ways to participate?

How is Bitcoin mined? What are the ways to participate? The concept of BTC was first clearly proposed by Satoshi Nakamoto on November 1, 2008, and was announced on January 3, 2009. The open source project and the P2P network built on it were announced based on Satoshi Nakamoto's conceptual design plan. BTC is a P2P way of virtual reality data encryption virtual currency. Peer-to-peer delivery represents a centralized payment platform. BTC mining refers to the personal act of using a special-purpose electronic computer to conduct accounting on the data account book. The blockchain technology Internet uses miners' contribution hash rate as revenue and gives corresponding virtual currency rewards according to the functional skills provided by miners. This process is called "mining." However, mining is not as simple as many people think. Find miner manufacturers, buy miners, put them in your home, and plug them into the network to wait for profit. There are several ways

How to troubleshoot the fault of the miner?

How to troubleshoot the fault of the miner? If a miner fails, the problem may be in the network, pool, firmware, control board, hash board, etc., so to determine the exact cause of the problem, you can do the following: ·Check the data cable connection:  Check whether all the data cables on the miner are plugged in tightly. Specifically, the three data wires connect to the hash board (and the fan's data wire). They may come loose during transport. ·Check the connection of the PSU: Check that the power supply is connected correctly. Ensure all 6PIN data cables of the power supply are plugged into the miner tightly. Some mining machines have their integrated power supply, such as Antminer S15, Antminer D5, etc. Please check whether the connecting copper bars on the miner are firmly inserted. ·Check network connection:  Check your home network, mining pool, make sure all networks are working well. ·Check other devices on the network:  Check if other devices in the background take your

Antminer S9 Hydro Review

Antminer S9 Hydro Review The Antminer S9 Hydro evaluated this time is the first time that the concept of water cooling on PC has been integrated into miners. Whether it is a PC or a miner, when performing large-scale computing, the heat of the computing core is very high. The addition of water cooling dramatically improves the cooling efficiency of the miner. Now let's enter the evaluation of the Antminer S9 Hydro .  Antminer S9 Hydro appearance: In terms of appearance, the Antminer S9 Hydro follows the overall design style of the Antminer S9. The square and simple appearance gives a solid and reliable temperament and is more conducive to large-scale layout and management. Antminer S9 Hydro uses high-end aluminum alloy material as the body material. At the same time, in terms of design, for the daily usage scenarios of the miner, the entire design style of the Antminer S9 Hydro tends to be simplified and industrialized. All components are modularly designed, which is extraordinaril

Antminer S9K, S9SE Evaluation

Antminer S9K, S9SE Evaluation In June 2016, Bitmain released the Bitcoin Antminer S9, using 189 Bitmain self-developed BM1387 bitcoin miner chips of the latest generation, with a hash rate of 11.85 TH/s, a power of 1172W, and a power consumption ratio of 100W. /T. The BM1387 chip is the fifth-generation bitcoin miner chip independently developed by Bitmain. It adopts TSMC's 16-nanometer FinFET process and is designed with a fully customized solution. As a result, the maximum hash rate of a single chip can reach 74GH/S. Model Hash rate (T) Power consumption (W) Power consumption ratio (W/T) Number of chips Time to market S9 11.85 1300 109.70 189 2016.3 S9i 13.5 1320 97.78 189 2018.5 S9j 14.5 1350 93.10 189 2018.5 S9 Hydro 18 1728 96.00 216 2018.11 S9k 14 1148 82.00 180 2019.7 S9se 16 1280 80.00 180 2019.7 The Antminer S9 series has been in existence since 2016. The first Antminer S9 started with a hash rate of 11.852. Different models of S9 with different hash rates have been iterat