In today's digital age, Bitcoin has become a hot topic for people after dinner. As a virtual currency, the production process of Bitcoin has attracted widespread attention. This article will lead readers to explore the mining process of Bitcoin in depth and unravel the mystery of the digital world.

The generation of Bitcoin is not out of thin air, but through a series of complex computing processes. The mining process of Bitcoin involves a lot of technology and computing resources, and we will gradually reveal this process below.

First of all, the core of Bitcoin mining is to solve mathematical problems through calculations. These mathematical problems are designed to require great computing power to solve, which requires miners to invest a lot of electricity and computing resources. For example, the Bitcoin network will generate a new block every ten minutes, and miners need to compete to calculate the hash value of this block to get Bitcoin as a reward.

Secondly, the process of Bitcoin mining is a highly competitive industry. As the price of Bitcoin continues to rise, more and more people are joining the ranks of Bitcoin mining. This has led to increasingly fierce competition for computing power, and miners are constantly upgrading equipment and optimizing algorithms to obtain more Bitcoin rewards.

Thirdly, the impact of Bitcoin mining on the environment is also controversial. As the difficulty of mining increases, miners need to consume more electricity to keep their computing equipment running. This has raised concerns about the energy consumption of Bitcoin mining, and some regions have even introduced restrictive policies because Bitcoin mining consumes too much electricity.

In addition, Bitcoin mining also has certain risks and uncertainties. Due to the large fluctuations in Bitcoin prices, miners may face a situation where the cost of mining is higher than the benefits. And as the computing power of the Bitcoin network increases, the difficulty of individual mining is also increasing, which is a challenge for ordinary miners.

In general, the Bitcoin mining process is full of opportunities and challenges. Miners need to continue to learn and innovate to adapt to this rapidly developing industry. At the same time, all sectors of society also need to jointly explore how to balance the relationship between the development of Bitcoin mining and environmental protection, and jointly promote the sustainable development of the Bitcoin industry.

In the digital age, Bitcoin mining is not only an economic activity, but also a technological exploration and social practice. Only by continuous innovation and progress can we better understand and grasp this vibrant digital world. May we inspire each other and grow together in this mining journey.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

How to mine Bitcoin: reveal the production process of Bitcoin, how to earn Bitcoin by mining in 2019, how to quickly earn your first pot of gold in 2019, Bitcoin's momentum is unabated, is Bitcoin difficult to mine? The editor will take you to find out. In fact, no matter how difficult it is, it is still impossible to resist the huge temptation of Bitcoin. Bitcoin is naturally not easy to mine, and it is this difficulty that determines the price of Bitcoin.

Scarcity makes things valuable. I believe that miners will not give up because of difficulty. So let us understand together what machines are needed for mining, where to mine, and how to earn Bitcoin! Bitcoin is difficult to mine, which determines its high price. If you have a good machine, you can still make some money by mining Bitcoin. Preparation work If you want to start mining, we need at least some necessary preparations, otherwise you will lose more than you gain in the end. You need to prepare graphics cards, Bitcoin wallets, mining software, etc.

Because GPUs have very considerable computing power, graphics cards are good "mining" equipment. The device used for the Bitcoin mining test this time is an ordinary HD7870, but its computing power is indeed much stronger than that of the general HD7870. The key is that the GUIMiner miner identifies it as a Tahiti core, which is a core only available in the HD7900 series. Looking at GPU-Z again, it turns out that the card has up to 1536 stream processors, while the general Pitcairn core HD7870 only has 1280 stream processors. No wonder the computing power of this Dylan graphics card is super strong.

To start mining, you must have a mining pool that is easy to operate and has stable output. Its function is to subdivide data packets for each terminal. It can pay the corresponding amount of bitcoins according to the proportion of the data packets calculated by the terminal through a precise algorithm. Here I recommend the foreign BTC
Guild mining pool. Although there are many mining pools in China now, I will not make any judgments because I have not conducted specific research.

However, I would like to remind everyone to compare the output and income gap of each mining pool when choosing. Below, taking the btcguild
mining pool as an example, I will teach you the specific registration process. The reason why this mining pool is recommended is that it is relatively simple and easy to use for novices.

Register a mining pool account. There are some points to note when setting up the account. It is recommended to set a commonly used email. Then there is the Bitcoin electronic wallet address. If you don’t have a fixed electronic wallet, don’t set it first. After mining a certain amount of Bitcoin, set a one-time wallet address and export it. After exporting, update the wallet address in real time.

Mining pool account settings, then the most important miner account settings. Miners obviously refer to CPUs or GPUs. You need to set an account for each CPU or GPU. If you have two HD7990s, you need to set 4 different accounts for 4 GPUs.

Miner account settings, account registration is complete, it’s time for the second step, download the Bitcoin miner. Here I recommend the small and easy-to-use GUIMiner (Baidu), which can support multiple computing modes such as CPU, OepnCL, CUDA, etc., and your CPU and graphics card can play the maximum performance.
GUIMiner official website address Click in as shown in the above picture. The latest version is 20121203. Click Download to download and decompress. It is a green software.

Download the Bitcoin mining machine. The Bitcoin mining machine GUIMiner also needs to be set up. After the interface is changed to Chinese, it is very simple. The server is the BTC
Guild we selected before. You can choose any one and try which one has a good network speed. The username and password are also set by yourself. Just choose GPU as the device, and don’t choose CPU. Using CPU to mine can’t even make back the electricity bill, so it doesn’t matter whether the focus is checked or not.

If the Bitcoin mining machine is configured and set correctly, after clicking the "Start Mining" button, the graphics card will soon enter full-speed operation, the temperature will rise, and the fan speed will increase. You can also monitor the status through GPU-
Z or the graphics card driver. It is worth noting that since only the graphics card is running at full load, the CPU load is only in the single digit at this time, so it will not affect your Internet access, office work and other lightweight applications that do not involve 3D mode. But playing 3D games is obviously not allowed.

Mining has started. The computing power displayed by the GUIMiner miner is only a theoretical value. If you want to know the actual output of Bitcoin, you need to log in to the mining pool website, that is, BTC
Guild, to monitor your account information. It can be seen that the author's account has earned 2.5 bitcoins through the PPS mode before, and all of them have been exported. The actual computing power of HD7870 mining is currently 306MH/s, which is much lower than the speed of 400MH/s displayed by the client. Only 0.0025 bitcoins have been mined in the last two hours.

Log in to BTCGUILD to view bitcoins. Now we assume that everyone has mined several bitcoins. These bitcoins are naturally stored in the foreign website BTC
Guild. They cannot be traded for the time being, nor can they be exchanged for paper money. What we have to do is to register an account on a trading platform. Here we recommend the domestic Bitcoin China trading platform. This platform is more important. It will store the bitcoins you have worked hard to dig and the RMB you have exchanged. Therefore, it is necessary to ensure security, set the password as complex as possible, and make the account information as true as possible to facilitate recovery when lost.

Register for Bitcoin China. The results provided by the Bitcoin China trading platform are clear at a glance. Everyone can understand it at a glance, so I won’t introduce it in detail. Everyone can study it slowly after registration. The basic result is to provide the real-time USD/RMB exchange rate of Bitcoin. You can buy Bitcoin with RMB, or sell Bitcoin for RMB. In addition, there are RMB recharges (through Tenpay Alipay, etc.), Bitcoin recharges (importing the mined Bitcoin to the Bitcoin China trading platform) and withdrawals (exporting to other Bitcoin e-wallet locations).

For mining, the graphics card is the core, and the rest are auxiliary accessories. Considering that everyone uses different platforms, the mining cost considered here only includes the graphics card price and electricity costs. In layman's terms, Bitcoin is like a gold mountain consisting of a total of 21 million gold coins. To get it, players need to use the computing power of the computer to calculate a set of numbers that conform to a specific pattern based on the existing algorithm.