What does computer mining mean? How does it work?

What does computer mining mean?

Computer mining is the use of computers to perform hash calculations. When a user “mines” bitcoin, they need to use a computer to search for 64-bit numbers, and then compete with other gold diggers by repeatedly solving puzzles to provide the bitcoin network with the required numbers. If the user’s computer successfully creates the A set of numbers, then you will get 25 bitcoins. Simply put, come, and find Bitcoin.

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Due to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the upper limit of bitcoins in circulation will reach 21 million. In other words, the Bitcoin system is self-sufficient, coded to resist inflation and prevent others from breaking that code.

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How does computer mining work? The following is an example of GPU360 Miner:

1. Download and install GPU360 Miner.

2. The software will set the boot to start, it is recommended to open it. Because it has a very human function, it will automatically mine when you are not using the computer. When you use it, it will stop instantly, which will not affect the normal work at all.

3. After the software is opened, modify it to your own mobile phone number. After the software starts, there are three setting options:

4. When you start mining for the first time, an equipment test will be performed, and it will test out your best mining solution. It usually takes about ten minutes.

5. After the test, it will automatically enter the mining state.

6. Click stop and then close to minimize to the tray, so that when you don’t use the computer, it will automatically open and make money.

Right-click on the icon to completely close the software.

7. Earned bitcoins can be directly exchanged in online stores.

Generally limited by the performance of the computer at home, not all computers can mine, and for some digital currencies, it is no longer suitable for mining with computers. Take Bitcoin, for example, professional mining machines dig well, dig fast, and earn more, while ordinary home computers dig slowly and earn slowly, which may not be enough for electricity bills, and there are many people who mine Bitcoin now, so Bitcoin mining is becoming more and more difficult, and for some ordinary home computer users, it is even more difficult, and it is basically impossible to mine.


Post time: May-12-2022