How to mine bitcoin?

Bitcoin, as a virtual digital currency, is generated by a large number of operations through a specific program. This process is called "mining", and the person who mines is called "miner". In fact, a computer is used to crack a math related to bookkeeping. Question - "Hash Puzzle". Mining machines continuously perform hash collisions 24 hours a day to compete for the right of accounting in the blockchain. Whoever keeps the accounts, the generated bitcoins belong to whomever.

Someone described the relationship between Bitcoin and miners before: "Mining to obtain Bitcoin is more like the gold rush that has been experienced in the United States and Australia." Gold panning is different. It takes a lot of patience and a lot of luck in addition to pure physical labor. That's what it's like to mine Bitcoin. To be more precise, our mining is to participate in a 'Hunger Games' held every 10 minutes, miners from all over the world will participate, and the prize of the game is Bitcoin. "Because the scale and number of mining farms are getting bigger and bigger, the difficulty of getting bitcoin prizes is increasing day by day, which was mandated by "Satoshi Nakamoto" when he created bitcoin. Before 2012, each game could generate 50 After that, it will be halved every 4 years, that is to say, now, each game will only generate 12.5 rewards. Moreover, this game has a clear end time, when the number of bitcoins reaches 21 million It will be completely over. It is estimated that it should be around 2140.

"Miner" operation process

Step 1: Register the wallet

Step 2: Purchase a mining machine

Step 3: Find stable and reliable mining farms and mining pools

Step 4: The miner is put on the shelf, powered on, and debugged

Step 5: 24/7 maintenance

Step 6: Laughing and watching the bitcoins in the digital wallet increase every second

Step 7: Sell coins to achieve financial freedom