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According to official news, what equipment should I buy to dig Ethereum Classics? What is the high probability of purchasing Ethereum classics? Below is a comparison of the following dimensions to understand: mining pool selection: Miners need to configure their own hardware, and can choose on their own while maintaining the same electricity and network bandwidth. If there is no professional power resource provider to support it, then we can only go to other over-the-counter sales or directly open trading platforms for trading Investors in the mining circle should know that Bitcoin and Ethereum Classic are the mainstream cryptocurrency mining currencies at present, so Ethereum Classic is also one of the compliance investment channels Ethereum Classic Mining RequirementsAccording to Etherscan’s data, the current mining difficulty is 12.68T, approximately $130000. Based on the current growth rate, it is expected that Ethereum Classic (ETC) will reach 155000TH/s in the next few weeks. If the ETH price remains unchanged or does not change…

According to Coindesk, according to a recent report from Nvidia, Ethereum needs a video card to mine ETH. Therefore, the most popular company to buy from the market is the RTX3080 series graphics card based on THash (TMX) chips. If you want to use this machine, it is recommended to purchase two types of graphics memory: 8GB memory and 16GRAM According to CoinDesk, the survey results released by the US Cryptocurrency analysis company Chainalysis in November 2019 show that 60% of people believe that Ethereum mining is a high-risk investment, while only 25% of respondents are interested in investing in Ethereum. After studying this problem, the researchers came to the conclusion that: “Ethereum mining mainly uses desktop computers as GPUs for calculation.” What brand of graphics card is used for Ethereum miningAccording to video card dealers, at present, many mining machine manufacturers in the market have provided special hardware equipment for Ethereum mining. However, due to the high price and…

According to Coindesk, the value of Bitcoin has been overestimated. As investors increasingly turn their attention to Bitcoin, it has become a challenge to determine what currency to dig for. In most cases, people will think that miners have mastered some techniques to mine Cryptocurrency. However, if they do not do so, they will not be able to make profits, making it difficult to find long-term survival methods to invest in this asset class, as many investors often do not know how to safely invest and manage their wallets. In order to maintain anonymity and avoid being affected by fraud or fraud, some people have adopted a new mechanism: generating profits through mining and selling them to others for profit What kind of currency is the most profitable?According to the monitoring data of RatingToken, a third-party Big data rating agency, the total market value of global Cryptocurrency is $259.791 billion. Among them, Bitcoin ranks first; Ethereum ranked second; Riboin ranks…

What is the community mentioned by Coin Circle? Coin Circle says that a community is a community. This organization is actually a team called ‘Miners’. They sell tokens through mining and earn profits, which is called mining machine mining Because the operating speed of mining machines is relatively fast and has been recognized globally, this type of service is very valuable. For ordinary investors, if they do not participate in these activities, they will not receive any returns or profits Therefore, mainstream currencies such as Bitcoin and Ethereum have their own token models and consensus mechanisms, which can compete with each other to maintain Balance of nature and carry out self innovation; However, it is difficult to create a credit foundation for the blockchain industry, or even create a foam, because of its tamper proof nature and untraceability of transaction records In a sense, ‘mining’. The so-called “industry” refers to the new assets or business forms generated during the production…

What’s wrong with the Proof of work mechanism? What’s wrong with the Proof of work mechanism? According to the paper “Probability and Verifiability Theory of Workload”, in blockchain, miners use the excavated workload as a reward to exchange for transaction costs in the block When a block is mined, if the block contains an ‘invariant’ hash value (as each block has a different hash value), Bitcoin can ensure that the transaction is calculated in the same way and new blocks are generated to generate profits from the block. This method enables Bitcoin to effectively compete for value in more blocks. Therefore, in order to improve network security and prevent 51% attacks, miners will provide users with some additional rewards because they need to pay more transaction fees to continue producing blocks; In addition, the time Weighted arithmetic mean can be used to determine how much bitcoin the miner will receive or whether it will accept the transaction without re balancing…

When will Dayun dig? According to Dayun. com, China has a Absolute advantage in the global mining industry competition. But as more and more manufacturers join the industry and gain more market share, we also see a trend: when will Dayun dig According to data analysis company PitchBook, as of now, the global Bitcoin network computing power has reached 31.3EH/s, an increase of about 30% compared to the same period last year; The computing power of Ethereum has increased by more than 70%; The market values of the top ten currencies (XRP, LTC) have all declined to some extent, with projects such as EOS and TRX experiencing significant declines Congruence at preschool graduation ceremonyCongruence at preschool graduation ceremony: Chen Guanghui, Li Xiaojiang, Andrew Yang, Luo Xiaoyun, Zhao Dong, Wang Qiang, Liu Wei, etc. The participation of student group leaders, teacher representatives, and guests from various regions sounded the final alarm for alumni for graduates At this graduation ceremony, Zhang Huaping…

What BTC trading platform does Egypt use? Btcbtc is a Bitcoin exchange supported by blockchain technology service provider CoinMarketCap, which is widely used between Egypt and the United States. The platform was first announced for launch in March this year According to the official introduction, Bitstamp is one of the most popular Cryptocurrency price indexes and trading markets in the world, with more than 100 million registered users. The platform also provides investors with one-stop services through API: access to price data of various Cryptocurrency, market analysis and long/short transactions of different currencies What BTC trading platform does Egypt use? Eqonix is an exchange operated by BTC.com, committed to becoming a service provider for digital asset trading 24/7 without interruption. The company has currently reached cooperation with multiple well-known banks. In addition, it is also considering establishing its own payment network Due to the booming development of the encryption industry, more and more financial companies are entering this field. According…

What does a country’s digital currency look like? In previous articles, we discussed how a country can use digital tokens issued by central banks to replace some of the currency and electronic payment functions owned by private institutions. However, since China has not imposed legal restrictions on the legal Digital renminbi (DC/EP), nor has it established a corresponding regulatory system and relevant regulations, there is no world Stablecoin that can replace the US dollar. The decentralized trading system based on blockchain technology has stronger security and is easier to track, making it possible to achieve anonymous use worldwide. The advantage of this mechanism lies in its immense advantages, as well as providing convenient financial services for those unfamiliar with the crypto digital economy So now there are some countries in China that are developing their own digital currencies. Of course, these countries have not yet clearly defined whether their digital currencies will be widely used as before Firstly, the People’s…

What can be used to dig out the centralized financial protocol? VeChain is built on the Ethereum blockchain and can be used as a middleware to remove smart contracts. The interoperable, secure, and unlicensed application developed through this project provides support for various applications According to official website data, VET has completed its first round of private equity financing, with investors including institutional and individual investors such as HuoCoin Capital and Distributed Investment, as well as OKEXBlockDreamFund At present, vechain has completed the second round of private placement. In addition, mining profits are also very lucrative. What does ViLink coin use to dig Total amount of only chain coinsAccording to Tokenview.com data, the total amount of only chain coins is 1. The current circulating market value is approximately 9.38 billion US dollars, with a 24-hour growth rate of 11.2%; The top three tokens among them are BTC (69.83%), ETH (61.06%), and XRP (0.97%) According to public data statistics, in the…

What is the Double Flower Problem? An important issue in blockchain networks is the privacy of data. On the Bitcoin network, when a user sends a transaction, they need to use a specific address for payment; The same applies to other networks and nodes – only these exchanges charge them fees. Therefore, since there is no separate wallet to handle the payment, this brings an “unsafe” Double-spending method And this solution is the double flower problem. The double flower problem is an attack against Cryptocurrency. It can transfer users’ digital assets from another account to another wallet, allowing hackers to control their funds and gain profits. (CryptoNewsFlash) What does the dual flower problem meanAccording to Coincryptorama, a new type of “dual flower” problem has emerged on Ethereum network. Because the transaction information in the block is the same or similar, two nodes can share the block data and the other node cannot access its Cryptocurrency. When users want to transfer…

What profession does blockchain belong to? According to China Financial Information Network, what profession does blockchain belong to? According to the latest Report on the Development of China’s Computer Industry in 2018 issued by the Central University of Finance and Economics, as of the end of June 2019, there were more than 500 units in China engaged in related work. At present, China’s blockchain industry is still in its early stages So what is blockchain? In fact, we all know that from a theoretical perspective, blockchain is a low-level technology and a systematic engineering or basic research field; Next is the application of core technologies such as distributed accounting, consensus mechanisms, and smart contracts So blockchain is a representative of an emerging technology field, but it also has certain particularities Who specialized in blockchainAccording to the information from the chain, on May 26, 2018, the keyword “blockchain” was called “Distributed database technology”. How did it come about? What exactly is…

What does blockchain TX count mean? Simply understood, it means converting the hash values of all computing devices into a certain level of TX During the transaction process, if a user needs to use a smart contract to transfer their TX (public key to private key) or wallet address, the smart contract will send the user’s TX to the designated wallet and transfer it to a network controlled by it through the corresponding process. When users want to provide TX to the exchange, they can choose to pay a certain amount of TX for these accounts, which can make the entire system’s computing power more secure and efficient, avoiding unnecessary losses in the system; In addition, when users send a large amount of TX to Tether, due to issues such as longer transaction confirmation time, slower block generation speed, and network congestion, TX cannot be widely used; In addition, there are many other reasons that limit the issuance of TX…

What is the reason for bifurcation risk? The most famous bifurcation coin in the blockchain field is caused by BCH hard bifurcation, but there are many reasons behind it, and the largest one is BCHN. This split has led to problems in the Bitcoin network in a short period of time, making it impossible for users to make payments or upgrade operations. Therefore, it is necessary to take responsibility for this event So what is bifurcation risk? It mainly includes: firstly, miners are unwilling to bear the losses of failed transactions because they can switch to new chains at any time; 2、 The mining pool did not adjust the block rewards in a timely manner; 3、 The loss or theft of mining machines allows attackers to use malicious software to disrupt the network If the mining authority stops, differences may occur, and even cause the collapse of the entire Cryptocurrency market. What consequences will forking bring to people? Firstly, when…

What is the situation below the public chain? The different parts of the underlying architecture of the blockchain form a whole; Different applications can be developed based on specific application scenarios. In these applications, blockchain technology itself is a very important concept: it can make users and smart contracts more powerful, efficient, and secure in performing operations The underlying layer of blockchain is the various aspects of blockchain technology and the fundamental components it relies on. For example, Bitcoin and Ethereum are all built on the Bitcoin network. This type of system is controlled by the Bitcoin protocol, but it is also limited by the Bitcoin ecosystem. Due to the significant influence of some people in the Bitcoin community over Bitcoin, they will use Bitcoin as their own currency, so they believe that this type of encrypted asset will bring more value to the entire industry. (Beep News) Will the public chain return to zeroEditor’s note: This article is from…

What does Yuanbao ABC mean? Yuanbao is a globally renowned blockchain application development platform, with its official website introduced as “Easy to Understand Smart Wallet”. Simply understood, it is possible to register and log in to an account using apps such as WeChat and Weibo. After registering with this account through a mobile phone number, transactions can proceed. Yuanbao is called a.b.c in English, which means a digital asset management tool and a financial service platform. Users can use this system to deposit, transfer, manage wealth, and other operations Specifically, Yuanbao website has two sub domains: one is named after Bitcoin, and the other is Ethereum. Among them, Bitcoin is a term in the field of Cryptocurrency. It is called “gold” because it is used as a medium of exchange for value storage and speculative transactions. But unlike other Cryptocurrency, Bitcoin is circulated through the Internet, used as a means of payment, and also a commodity, so people will choose…

What to add in front of the Ethernet coin query What to add in front of the Ethernet coin query Ethereum coin query is carried out using the blockchain browser. It can be found that when the Bitcoin block height is 630000, the Ethernet coin transactions After searching for Ethernet addresses and searching for Ethereum, it can be seen that more than 1 million users have used this website. According to statistical data, the price of Ethereum has increased by over 300% in the past 30 days, which makes many people want to find some high-quality wallets or projects to understand, but in reality, it is not clear what the exact origin is See which software to search with EthereumAccording to the monitoring data of RatingToken, a third-party Big data organization, Ethereum currently has more than 20000 new users every day. Among them, the exchanges with the highest search popularity are Coin An, Huo Coin, and OKEx; Ranked second are…

Why can’t the platform withdraw money from Ethereum? According to media reports, why can’t the platform withdraw money from Ethereum? There are three reasons: First, the transaction speed of Ethereum is slow; Secondly, the exchange system is unable to process withdrawals in a timely manner. 2、 Why cannot Ethereum be withdrawn. The third reason why Ethereum cannot withdraw funds is that the mainstream trading platforms in the market have already been launched, and many users have also experienced losses after using these platforms In addition, some relatively large projects have not been launched or have encountered problems, such as some projects that have already ceased operations. But if it can run normally, you can still continue playing Why does the price of Ether riseEther is the most popular Cryptocurrency at present, and its price recently exceeded the 1000 dollar mark. Since December last year, its trading volume has continued to grow and surpassed Bitcoin, now reaching around $20 million Why…

what is Ethereum blockchain Ethereum is one of the oldest Cryptocurrency systems in the world, which was launched in 2009. Its working principle is to use Ethereum (ETH) as the underlying asset for value storage. It is a digital cash system supported by blockchain technology. It runs through smart contracts, making it as secure, scalable and capable of trading as Bitcoin and other mainstream Cryptocurrency Ethereum blockchain is a decentralized distributed network, which uses Cryptography technology to verify transactions. Due to each node collaborating and jointly maintaining on its own network, it can ensure that data is not tampered with or deleted. The consensus algorithm on Ethereum also uses the PoW mechanism. This means that if no one can modify the code, the entire system will change. But this process takes some time to complete. To solve this problem, Ethereum has designed a method called “sharding” to process data. Fragmentation is a network structure built for specific applications, which includes…

Ethereum What is a smart contract Editor’s Note Smart contracts are decentralized protocols that combine specific conditions with the specific external environment. They enable developers to quickly build applications, create and run Ethereum based applications, and perform complex tasks without the trust of a third party For a smart contract, if a user wants to use the information contained in their smart contract to create or transfer funds, they need to take action without any intermediaries. Due to the lack of legal requirements and lack of mutual trust in smart contracts, they are difficult to fully adopt. In addition, some trading platforms may choose not to provide information, such as exchanges, but these networks usually do not support this service; Therefore, in order to solve the above problems, some companies have established their own smart contract systems to provide services for their customers, including COIN, OKEX, etc. However, this type of account system is currently limited to individual accounts of…

What does Ethereum mean by handing over wallets? According to trustnodes, what does Ethereum mean by handing over wallets. Trading through Ethereum can convert Cryptocurrency into Fiat money and purchase Bitcoin or Litecoin with fiat. But there are two ways in the market at present to withdraw cash directly from the exchange. One is to provide digital currency storage in an exchange centric way, and the other is to issue tokens on the Ethereum chain. This wallet type based on Ethereum network is called Ethereum Handover Wallet (ETHC), which allows users to use their private keys to send and receive digital assets; Alternatively, choose the currency you want to transfer for payment Ethereum transaction costs The average transaction cost of Ethereum has increased by more than 25% in the past 24 hours, because the cost of conducting a large transaction on the Internet is more than 10 times lower than that of Tecoin. Although the transfer of each ETH payment…

What is a Replay attack blockchain blockchain and what is a Replay attack Blockchain technology can effectively control transaction originators and receivers through the emergence of distributed Ledger technology. In this case, the “sender” (receiver) can obtain passive “delegation” power (such as network authentication), while the “receiver” (transmitter) cannot obtain initiative, thus affecting the security and safety of the entire protocol Since the Cryptocurrency industry has experienced a turning point in the mainstream public chain from Ethereum to EOS, many users have begun to think about how to deal with such attacks, and even use different methods to protect their digital assets. However, for most developers, this issue has not been well resolved, and they only choose to continue researching and trying to understand some possible issues. For example, a development team may find themselves lacking sufficient network resources or capabilities to perform these tasks to ensure their security, as they believe that doing so will make it more difficult…

What is monetary pyramid schemes? According to Tencent News, the head of an investment institution in Beijing recently stated that the company began conducting monetary pyramid schemes in August 2016 According to public sources, the so-called “virtual currency” (i.e. encrypted digital assets) is a completely new concept that attracts investors to enter this new field by issuing a token. The project was jointly launched by China Mobile Communications Federation (CCMC), Ant Group, etc. Its purpose is to develop and popularize blockchain technology knowledge, improve network transaction efficiency, reduce costs, enhance user trust, etc Communication CurrencyAccording to Xinhua News Agency, the China Communication Currency Association recently announced the establishment of the “Pyramid Marketing Alliance”. The alliance is jointly launched by the Central Bank, the International Monetary Research Institute of Renmin University of China (IMF), the Paris School of Economics, France and other organizations, aiming to improve the efficiency and transparency of financial transactions between governments of various countries by issuing global…

What is grayscale btc and what is grayscale btc? What is grayscale btc? What makes it a regulated Cryptocurrency fund Bitcoin (BTC), or BCH, is equivalent to a string of numbers and is used for bookkeeping and trading through blockchain technology. These tokens are called “Hard currency”, that is, a specific asset type supported by the code. This mechanism provides a way for institutional investors, hedge fund managers, and other private investors to invest in Bitcoin. According to the NYSE American, as of January 18, nearly 400 trust companies around the world held Bitcoin futures contracts worth at least $1 million, most of which had not sold Bitcoin in the past year. Therefore, it can be seen as a tool for hedging market risks In order to help people understand this, we need to understand that GrayscaleBitcoin Trust is a programmable Bitcoin ETF issued based on the Ethereum network. This ETF will track the price trend of BTC and other…

What is Bitcoin Mining Software Download and Installation? What is Bitcoin mining software. Downloaded the Bitcoin mining tool, allowing users to use their computers for Bitcoin mining. How to mine Bitcoin using mobile phones? The specific methods include installation, operation, and operation. The first method is to download through the Android or Apple App Store, which provides different mining hardware. The second option is to use a free Bitcoin online wallet, which provides users with some personal information, such as your password, mnemonics, etc. The third method is to install it on a computer, where you can put all the hardware on your own computer to dig coins (depending on whether you already have the private key) According to Coindesk, Bitcoin mining software is designed to mine digital currencies. To achieve optimal performance in the field of encryption, you need a global naming method that supports all mainstream algorithms or applications to create and run a Bitcoin blockchain network. This…

What is digital currency? Digital currency is one of the most important tools in the digital economy era, and the development of blockchain technology has made great progress in solving the pain points existing in the traditional financial industry Firstly, digital assets are a new and interchangeable type of asset; Secondly, it is a digital form with unique properties and immutability; Once again, it can be seen as a new technological means or payment mechanism; Finally, with the passage of time, digital currency has begun its own development path: in the first stage, applied tokens (such as EOS) developed based on Ethereum are being rapidly promoted and applied in various scenarios; The second step is to use smart contracts to create a Stablecoin linked to the US dollar, which will enable people to conduct transactions and store value without affecting the network What is a digital currency walletA digital currency wallet is a way to store and manage your encrypted…

What is the Blockchain Sandbox Program The Blockchain CrowdLabProgram is a platform for governments and organizations around the world to establish blockchain technology cooperation frameworks. The project aims to assist companies worldwide in conducting experiments by providing innovative, secure, and regulated ways to promote the adoption of blockchain technology. According to the 2018 Global Blockchain Leaders Summit released by Gartner, including the Monetary Authority of Singapore (MAS), Australian Securities and Investment Commission (ASIC), Ontario Provincial University (OSL), Swiss Federal Bank, ING Many government agencies, including the Hong Kong Special Administrative Region and the National Bank for International Services of Thailand, have announced their research to create a “blockchain sandbox”. According to Coindelegraph, blockchain integration has become an important field. As people’s acceptance of new technologies increases, they are changing every aspect of our lives, from finance to various industries such as education, healthcare, and social organizations. However, due to the complexity of technology and business, these issues are often overlooked….