My friends and I grabbed a dozen Antminer A3s and let me share my limited knowledge with you. This should be the fastest sharing about Antminer A3: How to lock up the Antminer A3? In November 2017, my friend and I wanted to set up a Bitcoin mining farm together, so we prepared to grab the Ant S9 Bitcoin mining machine. After trying for a long time, we failed to get one, but it was still necessary to follow Bitmain’s official account. On the afternoon of January 17, 2018, the official account suddenly pushed a message about the A3 going on sale: Wow, Blake2b algorithm, looks so familiar, isn’t it SC’s algorithm? SC is my first 10x coin, I have deep feelings for it, so I studied it in depth. Open it quickly: 815G computing power, wow, I have the impression that this should be the first Asic dedicated mining machine based on the Blake2b algorithm! What does 815G computing power mean? Taking the current SC computing power as an example, each GB of computing power can mine about 14.75 SCs per day, and 815G can mine about 12,000 SCs per day, which is amazing! What does it mean when all 6,000 A3s are in operation? (1) The computing power has increased by about 900%, and the daily income may drop to 1,200 SC, which is also very impressive! (2) Graphics card mining machines can no longer mine SC. What does it mean to grab it? (1) The early bird catches the worm! At least after you get there, you can mine for a few days! SC is a token I like very much, so I hoard it! (2) After mining for a few days, the market goes crazy and the mining machines can be sold at high prices! (3) Even if you buy it now, you can immediately increase the price by 2,000 and sell it! What's another important point? The price of SC is very explosive now. When it was at its peak, each SC was 0.65 yuan. It is not cheap now, only 0.3 yuan each. What are the risks? (1) The sharp increase in computing power has led to a sharp drop in profits. (2) Policy risks. (3) If the SC price plummets, the profit will also plummet. In my humble opinion, the payback will be very quick. You cannot think about it any more. And you do not have the time to think about it. The only decision you need to make is to buy, buy, buy, quickly! Then I immediately shared the above knowledge in the mining team group of my close friends on Knowledge Planet. Maybe after a few days, some of my friends will thank me after buying it. It's not that I'm slow to share with you, but time is really tight. When I saw the A3 sales information yesterday, it was already 1:30, and the rush started at 14:00. I urgently contacted my partners and scalpers (paid the rush fee). Before 16:00, the payment must be successful, otherwise you can't buy it. I grabbed more than a dozen units in total. But at present, you may also consider looking at the second-hand market to see if there are any cheap ones that you may miss! Explanation of the general readers’ misunderstanding of mining issues: Will the price of coin skyrocket after Asci mining machine is launched? The price is related to supply and demand. The listing of Asic mining machines will lead to a surge in computing power, but it will not lead to a decrease in the number of new SCs added every day. So from this perspective, the listing of Asic mining machines has no effect on the price of the currency. (But this does not mean that the price of SC will not rise or fall. I am saying that the listing of Asci mining machines will lead to an increase in the price of SC. This logic is unfounded.) Why does the number of newly added SCs not decrease every day when the computing power skyrocketed? Mining is a dynamic process. Taking SC as an example, no matter how much the computing power increases, the system will produce a block every 10 minutes. If Zhang San is the only person mining in the entire network, it will still take 10 minutes to produce a block. If there are 100,000 Zhang Sans mining in the entire network, it will still take 10 minutes to produce a block. The difficulty of mining will adjust with the increase or decrease of computing power. Using the analogy of rolling dice: There is only one person in the network rolling the dice, Zhang San, and he only needs to roll the dice once and the number is 1. This is very simple, let's assume that he rolls it in 10 minutes. If there are 100,000 Zhang Sans rolling dice in the entire network, and everyone is rolling the dice non-stop, the computing power of the entire network will be dynamically adjusted to: roll the dice 500 times, and the sum of the points is less than or equal to 505. Assume that it still takes about 10 minutes to roll the dice. If there are 1 billion Zhang Sans rolling dice in the whole network, and everyone is rolling the dice non-stop, the computing power of the whole network will be dynamically adjusted to: roll the dice 5 billion times, and if the sum of the points is less than or equal to 5 billion, you will get 300. No matter how large the computing power is, the system will automatically adjust to produce a block every 10 minutes. This process of rolling the dice is called mining. The person who rolls the dice is called a miner. The ability to roll dice is called computing power. In general, regardless of whether the computing power rises or falls, the number of new SCs added each day is about the same as usual. Why is mining so troublesome? If someone has a transaction in the SC system, for example, Tom rents Peter's online disk and Tom pays Peter 10 SCs, then it needs to be recorded. Moreover, the system stipulates that whoever records the transaction can get the newly added SCs as a reward. So who will record the transaction? SC borrowed the proof-of-work (POW) method to keep accounts. Well, let's do a math problem. This math problem is very difficult to solve, but very easy to verify. SC uses the Blake2b algorithm supported by the protagonist Ant A3 in this article. The computer needs to run a specific program and continuously use the Blake2b algorithm to perform hash collisions (which can be simply compared to Zhang San throwing dice in the above article). Through huge computing power, the security of the system can be guaranteed: it becomes extremely difficult to record false accounts, tamper with ledgers, and erase previous transaction data. Okay, I’ll stop here for today, I hope it helps you.
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