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2022-04-08 10:28
When referring to Bitcoin, we often hear words such as "mining" and "miner". We know that mining is to make money, so how do miners mine Bitcoin? What about your own bitcoins?
What Is Bitcoin Mining?
Bitcoin is a kind of virtual digital currency, and its generation requires a lot of operations through specific programs, and this process is called "mining", and the people who mine are called "miners". We won’t discuss more academic content. Even if we don’t understand the principle of Bitcoin mining, we can still make money through Bitcoin mining.
Unlike traditional mining, in the process of Bitcoin mining, miners do not need to participate in the work. Miners only need to purchase equipment for Bitcoin mining, make corresponding settings, or host the Bitcoin mining equipment in the mine to mine BTC and have their own BTC.
If you want to participate in Bitcoin mining, it is actually very simple, you only need to buy a mining machine. If miners do not know how to set up mining software and mining pools, etc., they can also contact mining platforms such as LLGO. We provide miners with a one-stop solution, from mining machine purchase to mining machine hosting and mining machine operation and maintenance , do not need miners to worry about.
Miners only need to place an order with one click according to their own needs, and they can earn bitcoins while lying at home.
Why Mine Bitcoin?
From the perspective of the whole bitcoin network, bitcoin digging is in the demand of maintaining the network. Each mining machine is a node in the network, and each node provides support for bitcoin trading and production. The existence of a large number of nodes maintains the security of the bitcoin network. This is the significance of bitcoin mining for the existence of bitcoin network.
However, from the perspective of our miners, the biggest advantage of mining is that we can make money. At present, a large number of bitcoins are circulating in major cryptocurrency exchanges. Miners can sell the bitcoins they dig in exchange for dollars.
Of course, due to the high volatility of Bitcoin prices, many miners will not sell the Bitcoins they have mined immediately, but will sell them when the price is at a high level.
If you want to mine Bitcoin, but have no relevant knowledge and experience, please contact LLGO, we will be happy to answer your questions and provide corresponding service support.
| Issue amount | 21000000 |
|---|---|
| 24 hours volume | 972.49K |
| 24 hours turnover | $ 68.19B |
| Market Direction | Short |
| Panic Index | 78 (Extremely greedy) |
| Swap Rate | 4.94% |
| Market Value Proportion | 51.42% |
| market value | $ 10,171.35 x 100 million |
| 24 hour increase | 0.64% |
| Computing power | 816.21 EH/s |
| daily output | 0.00000061 BTC / T |
| Halving time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history. |
Completed |
| Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases. |
0% |
| Issue amount | 84000000 |
|---|---|
| 24 hours volume | 21.50M |
| 24 hours turnover | $ 2.04B |
| Market Direction | Short |
| Swap Rate | 28.92% |
| Market Value Proportion | 0.26% |
| market value | $ 37.78 x 100 million |
| 24 hour increase | -0.25% |
| Computing power | 1.26 PH/s |
| daily output | 0.00000348 LTC / M |
| Halving time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history. |
No halving expected |
| Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases. |
0% |
| Issue amount | 21000000 |
|---|---|
| 24 hours volume | 3.75M |
| 24 hours turnover | $ 1.88B |
| Market Direction | Short |
| Swap Rate | 19.06% |
| Market Value Proportion | 0.39% |
| market value | $ 54.29 x 100 million |
| 24 hour increase | 0.86% |
| Computing power | 4.13 EH/s |
| daily output | 0.00012667 BCH / T |
| Halving time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history. |
Completed |
| Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases. |
0% |
| Issue amount | 2000000000 |
|---|---|
| 24 hours volume | 134.20M |
| 24 hours turnover | $ 1.25B |
| Market Direction | Short |
| Swap Rate | 25.43% |
| Market Value Proportion | 0.18% |
| market value | $ 44.88 x 100 million |
| 24 hour increase | 0.19% |
| Computing power | 22.63EiB |
| daily output | 0.52740385 FIL / TiB |
| Halving time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history. |
No halving expected |
| Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases. |
0% |
| Issue amount | 31234162 |
|---|---|
| 24 hours volume | 619.57K |
| 24 hours turnover | $ 26.36M |
| Market Direction | Short |
| Swap Rate | 9.36% |
| Market Value Proportion | 0.01% |
| market value | $ 2.31 x 100 million |
| 24 hour increase | 1.18% |
| Computing power | 14912.60839843 PiB |
| daily output | 0.00024513 XCH / TiB |
| Halving time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history. |
No halving expected |
| Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases. |
0% |
| Issue amount | 210700000 |
|---|---|
| 24 hours volume | 31.82M |
| 24 hours turnover | $ 799.17M |
| Market Direction | Short |
| Swap Rate | 23.14% |
| Market Value Proportion | 0.33% |
| market value | $ 28.10 x 100 million |
| 24 hour increase | -0.01% |
| Computing power | 195.40 TH/s |
| daily output | 0.00006262 ETC / M |
| Halving time The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history. |
No halving expected |
| Earnings volatility The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases. |
0% |
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