Understand in seconds, the parameters and benefits of mainstream mining machines and IPFS mining machines

A senior in the cryptocurrency circle recently told me: "Stock trading is not as good as Chaobi, Chaobi is not as good as mining, and mining mainstream coins is not as good as mining non-mainstream coins." This sentence reveals the mentality of most investors in the entire cryptocurrency circle. With the explosion of the concept of blockchain, more and more people are paying attention to this industry, and at the same time, more friends are paying attention to another "profitable" industry behind it - mining.

Looking back at the history of mining, the mining of virtual currency has roughly gone through five eras: CPU mining → GPU mining → FPGA mining → ASIC mining → large-scale cluster mining. Since the beginning of the mining industry, the degree of professional differentiation has become more and more refined. We can roughly divide it into two types: mainstream currency miners and non-mainstream currency miners. Mainstream currencies mainly refer to BTC (Bitcoin), ETH (Ethereum), LTC (Litecoin), etc. Non-mainstream currencies cover a wider range, among which the industry deployment is relatively mature, and the coins that are about to be mined currently include IPFS (Interstellar File System), etc. Some of the above concepts may be clearer to friends who have been in the currency circle for a long time, and new currency friends in the industry may not be very clear. Let me popularize a few concepts for you.

1. What is mining?

Simply put, after purchasing or assembling a mining machine (computer), connect to a designated mining pool, and start full-load computing according to a specific algorithm. After completing a computing cycle, you can get "one" virtual currency. Then you can put "this" virtual currency on an online trading platform for trading and cashing out. This whole process is called mining.

2. How to mine

There are two most direct ways to become a miner. One is to DIY and assemble a mining machine. Of course, since it is DIY, you must have a theoretical foundation and hands-on ability. We must first choose a currency, and then calculate how much computing power and power consumption we will assemble. Then we need to connect to the Internet, power on, install, debug, and start mining. The second is to choose a reliable mining machine supplier, buy their mining machine, and let them teach you how to mine. For most coin friends who want to mine but lack professional knowledge, the second method is recommended. In this way, we can use the power of manufacturers to quickly enter the ranks of mining and make money, and complete the accumulation of knowledge under their guidance, and avoid many detours.

3. Mainstream coin income table

Theoretical 24-hour mining currency income Current currency price (yuan)

BTC0.00029161 BTC per Thash/s60080

LTC0.00092543 LTC per Mhash/s1200

ETH0.00020025 ETH per Mhash/s4420

4. Mainstream currency mining machine suppliers

The mainstream digital currency mining machine manufacturers on the market are Bitmain, Canaan Creative and Ebang Technology, which account for the vast majority of the global market share. The following are details of their current main products.

Manufacturer Currency Product Chip Price Computing Power Power Consumption

Bitmain

Antminer Bitcoin Antminer S9189 chip BM13871500013.5TH/s1320W±10%

Litecoin Antminer L3+288PCS10000504M/s800W±10%

Dash Antminer D318 chip BM1760400017GH /s970W±7%

Canaan Creative

Avalon Bitcoin, Litecoin Avalon 821104 pieces a3210 16nm ASIC≈2000011/s1200W±20%

Bitcoin, Litecoin Avalon 841104 a3210hp 16nm ASIC unknown 13/s 1290W ± 20%

Ebang Technology Bitcoin Equi-Bit E10.1 18T70 DW1228 chips 3420018TH/S90W/T

Based on the above table, we can calculate that if we mine mainstream coins now, the investment return period is about 1 to 2 years. From a business perspective, the return on investment is still good.

5. IPFS Coin

Due to the restrictions of issuance and the total number of miners, the mining income of mainstream coins has become smaller and smaller. Therefore, if you want to be a miner, it is better to mine more reliable new coins, which have greater space and may also have higher income.

Theoretical 24-hour mining currency income Current currency price (yuan)

IPFS unknown 90

6. IPFS mining machine supplier

Manufacturer Product Chip Hard Drive Power Consumption Sale

Triangle mining machine, triangle computer, Intel Apollo Lake N3450, 14nm 128G, unknown overseas sales

Star Node X1INTEL Celeron 1900, Creative Neural Engine 4T0.03kw/h available in China

It is understood that IPFS (Interplanetary File System) is officially scheduled to open mining in June 2018, and no full mining details have been announced so far. Therefore, the mining power and profit ratio of IPFS are not clear, but Interstellar Node Blockchain Technology Co., Ltd., as the world's first professional mining machine supplier and cloud computing power seller of IPFS, has made estimates based on their tests using the V1.0 program, referring to the profit curves of the initial miners of Ethereum and Bitcoin mining machines, and comparing the data demand and exchange volume of the IPFS main network to establish a statistical model.