Why do machines always go offline when digging ETH
Why do machines always go offline when digging ETH? Editor’s note: This article is from Deepchain Finance (ID: deepchain vip), written by Pan Chao, and published by Planet Daily with authorization Why do machines always go offline? The mining machine for digging ETH may encounter some problems and problems during use. 1、 Overview of hardware damage:
1. Due to low computer performance, the computer cannot function properly 2. In order to prevent situations such as hacker attacks or malware being hacked, certain devices may malfunction If someone performs incorrect behavior due to improper client or server configuration, it may cause network interruption When other operations fail, the system will detect their abnormal state in memory and automatically resume service. But this phenomenon is not common. Although ETH is a decentralized PoW Cryptocurrency, its consensus mechanism, like Bitcoin, is also a branch of the Ethereum blockchain. Therefore, it is still very safe for ordinary users; So we can consider it as a ‘digital gold’. 2、 How to avoid transaction delays and congestion? Solve this challenge through ethstaging. There are currently many solutions developed based on ETH2 in the market, such as pledge pools, smart contracts, and so on. This type of solution is mainly aimed at users who need to store assets for a long time. The most famous one is btcpool, which is a solution for ETH holders to provide Stablecoin liquidity. Another solution is to entrust it to a third-party institution as collateral. These methods are all required for ETH1 and above nodes and are controlled by them themselves
III. Technical principle analysis: One of the main features of ETH1.0 is the proof of equity algorithm (POS) adopted by Ethereum community. Essentially, the core of the PoS protocol lies in the incentive allocation mechanism – rewarding those who contribute resources, thereby generating a certain proportion of economic benefits for a block. Over time, participants in the PoB ecosystem will increase the computing power they provide, while continuously increasing the value of that portion of computing power However, in the past few years, various design schemes have emerged, including shards, forks, and so on. The biggest feature of ETH2.0 is to support ETH2 and ETH3 without a hard drive. However, ETH2.0 did not consider the issue of sharding, but chose sharding because it provides a greater degree of security and privacy protection capabilities, rather than individual nodes ensuring the integrity and data consistency of the entire system. In addition, there are many areas worth paying attention to in ETH2.0. 4、 Hardware damage rate analysis: In addition to hardware loss, there are also various exploitable vulnerabilities and defects. For example:
1) Excessive CPU resource consumption 2) Excessive waste of GPU resources
eth cannot be dug
Editor’s Note: This article is from Wind and fire wheels Community (ID: FHBT18), and the author is Peipei. Odaily Planet Daily is authorized to reprint it
Hello, I’m Peipei. Yesterday, Ethereum had some difficulties in mining. Recently, a netizen posted on Weibo asking me if ETH can continue mining? Because the cost of digging ETH is already very high now, if it can continue like this, I estimate it will be no problem. However, this matter is somewhat related to previous articles, and recently this topic has also received some discussion:
1. Should we start digging ETH; 2. Will ETH be shut down like last year, or may it indicate that mining mode may be restarted this year. In fact, since the news started a year ago, I think it’s a big negative for ETH. However, at that time, I thought it was still necessary to be cautious. Of course, there are also many questions I would like to raise here, such as whether digging ETH can be successful or not. Currently, it may be difficult to determine whether it can be successful. So if we really want to dig it up, let’s analyze the price changes of ETH again If the price of ETH continues to rise, it will definitely rise. If ETH remained unchanged, it should not have fallen so tragically. For those coins that were once considered too expensive, the probability of falling back to below a few hundred dollars in the future is likely, after all, the price of ETH is still the same now, but even such an increase will only come back in the bull market in the future. 2. If ETH does not have sufficient deflationary properties, how can ETH continue to be unable to dig, and its returns also need to be considered. What if ETH is not enough? That depends on whether you have money. Is there any way to prevent any kind of attack? If ETH cannot stop the loss in a timely manner In summary, the current ETH is basically in a “frozen state”, and some people even express concerns that their accounts may be stolen, and so on. Therefore, I suggest not investing funds in ETH. 4. In the end, what I personally hope to see is the economic model changes and other progress brought about by the ETH2.0 upgrade In addition, the development of ETH network itself is still very good, with many nodes updated, but overall there is not much room for improvement. So today my focus is not on the ecological development of ETH, but on two aspects that I am more concerned about: 1. In terms of compliance, the main problem currently is that the difficulty of compliance is too high, which leads to the inability to operate normally; 2. In terms of transaction fees, due to the large amount of transaction fees in the contract, ordinary users cannot afford them at all, and instead are prone to being run away by the exchange. So I believe that as compliance increases, more investors will turn to the field of compliant assets.
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