How to sell a guy who makes money? Is the miner's money coming from the gale?
In the introductory halving in the previous issue,
Daxing threw knowledge points to new students
Bitcoin halving has the biggest impact
- DeFi lending agreement bZx suffers a mysterious attack, losing hundreds of thousands of dollars
- Read through the conclusions of the blockchain series: Blockchain is essentially a governance model
- The Ministry of Civil Affairs urges Tencent Ali's epidemic software to be designed using blockchain
May be a miner
For individual miners
Halving means
First, the block reward is reduced
Second, the title of the seal block becomes more difficult
Miners need to be more professional
That is , the mining machine with more computing power can unlock
The mining machine consists of mining chips, heat sinks and fans
The chip is the core part of the miner
The more powerful the chip's performance
The more competitive the mining machine is
Accordingly, the price is higher
In addition, the miner itself is extremely power consuming
Miners need to bear in daily operations
High electricity, maintenance, and more
The cost of mining is getting higher and higher
usually
According to the principle of "things are rare"
The harder it is to get an item
It ’s worth more
But Bitcoin is different
Soaring up and down for Bitcoin
Sprinkle water
At this time, if the price of Bitcoin unfortunately falls below the cost of mining
Miners can only insist on this loss-making sale
And if this terrible situation lasts too long
The high cost will make many individual miners
Forced to choose to exit
The previous investment may just go away.
In order to return as much as possible
Many mining unions sell mining equipment such as graphics cards at low prices
There is even a phenomenon of miners selling by the pound .
The money-making guy is so cheap
It ’s really forced by life
Searching for miners on Baidu and selling by the pound, every answer is a bitter tear
Facing huge profits in mining
Contrast with personal small power
Joining the mining pool has become the choice of more individual miners
The mining pool is a combination of scattered personal computing power
Everyone mining collectively
Since the mining pool is in operation, the results of collective labor have been dug.
So how to allocate will become the most concerned issue
There are three main distribution modes of mining pools at present
PPLNS mode
Full name Pay Per Last N Shares
share here is measured in the mining pool
Unit of workload per person
Want to participate in mining pool allocation
Work at least 1share
Use what Dastar understands
PLNS is based on the proportion of everyone's contribution
To allocate currencies in a block
Although this model sounds fair at first glance
But the shortcomings are also obvious
The results of mining every day are not certain
Sometimes when you work together, you can dig a lot
Everyone gets more
And sometimes everyone works all day
Still grainy
At this time, everyone can not share the profit
Give a chestnut
Daxing, Zhongxing and Xiaoxing work everyday
Let's move a 10kg box together
They don't know what's in this box
DAY1
They moved back to a box together
Open to discover that–
Turns out to be Daxing's favorite strawberry cake
So according to their effort to move the box ,
After submitting 1kg of company cake as organization fee
Daxing got 4.5kg of cake
Zhongxing gets 3.6kg of cake, Xiaoxing gets only 0.9kg
DAY2
The big, medium and small stars combination went to move the box again
And today's box turned out to be–
Yes, 10kg of stone is in the box today
So today everyone cannot share the cake
And stones are useless
So the big, medium and small stars combination has no income today
This is the instability of earnings under the PPLNS model
In addition to instability
PPLNS model also has income lag
For example, Daxing added a new
PPLNS moving box factory
The above is in the PPLNS mode
Lagging of returns-
Joined at the wrong time
You can only wait for the next round to maximize the benefits
So in PPLNS mode
The eternal wealth code is
Next we look at the PPS mode
Full name Pay Per Share
Pay for each share
That is, in PPS mode
The system estimates the average daily profit of the mining pool
And your workload
According to the proportion, the mining pool pays you instantly
Daily fixed income
In this mode
Mining pool pays for your share
How much you do
Will definitely get the corresponding reward
Take the combination of big, medium and small stars as an example
So according to the strength ratio of big, medium and small stars
They get every day
3kg, 2kg, 0.5kg cake
There may be digital geniuses to discover
Compared with the previous cake
Less cakes here
This is because the boss has undertaken
The risk of stones in the box you moved back into
So, big, medium and small stars have to pay the boss
More organization and handling fees
So as to maintain the boss's capital chain
No problem with occasional big stones
Back to the problem of mining pool allocation
Compared with PPLNS mode
Even if the share is out, there is no mining
Risk of not getting money
The PPS model takes this risk
Transferred from the miner to the operator of the mining pool
From this perspective, the PPS mode is particularly friendly to miners
The risk is greater for the mining pool operator
At this time, in order to balance the operator
PPS mode will require miners to give pool operators
Pay a higher percentage of fees
Take Bitcoin mining pool as an example
The percentage of fees charged under the three modes is generally
PPLNS: 1% -1.5%
RPOP: about 1%
PPS: 4% or higher
The last mode to introduce is PROP
Short for proper
Provide knowledge points for students in grades 4 and 6
This allocation method is very similar to PPLNS
It is also distributed according to the share of miners
The difference is that in PROP mode
When the mining pool finds a block, it broadcasts to the entire network
After 120 confirmations to generate a real block
Bitcoin is distributed to miners proportionally
Or return to the big, medium and small star combination
Everyone worked together to move back to the box and open
Compare PPLNS
PROP miners' earnings lag longer
But in the long run
The benefits of both models are the same
And since PROP is confirmed as a real block, then dividends
The risk of mining pool operators is relatively lower than PPLNS
So in the fee mentioned earlier
PROP mode is also slightly lower than PPLNS
The above are the three main distribution modes of the mining pool
It can be said that each has its own advantages and disadvantages
Miners are choosing
I will also judge from different dimensions according to my needs
After introducing these, Daxing wants to say
Mining in the eyes of outsiders
May have all kinds of magic labels
But in fact most miners
Still refuse to be labeled like this
They may just be in this industry
Unusual computer genius
Of course, it might be in this industry
A group of people with the most breath of rivers and lakes .
We will continue to update Blocking; if you have any questions or suggestions, please contact us!
Was this article helpful?
93 out of 132 found this helpful
Related articles
- BTC's market capitalization has fallen to a 7-month low. Has the bull market for mainstream currencies come?
- Coin price is too high to store coins? A giant whale with 100-1000 bitcoins can continue to store coins
- Read the overview of China's blockchain policy as of 5 minutes
- The detailed explanation of the original text of V God: solving the 51% attack problem of the blockchain through the timeliness detector (TD)
- Active change, Libra or USD single anchor
- Lamborghini has a correlation with Bitcoin. Can it predict the price trend?
- DAO, rises in 2020