Yottachain Pancyclic technology take you through what is considered Bitcoin force?

What is Bitcoin force it count? Operators force (also known as hash rate) is the unit of measure Bitcoin network can handle. The hashing function output is the computer (CPU) is calculated. Bitcoin network for security purposes must be intensive math and encryption related operations.

Computing the total force calculation is a measure of the ability to generate a new block in a certain consumption of the network unit. Single chain block each coin varies with time required to generate new transaction blocks. Bitcoin in getting through the "mining" process, we need to find the corresponding solution m, and for any hash value of a sixty-four to find its solution m, there is no fixed algorithm, can only rely on computer random hash collision, a mining machine and how many hash collisions per second can do, is to represent its "count power", written in units of hash / s, which is called workload proof mechanism POW (proof of Work).

"Operators force" is the word, easy to understand to understand, is the physical metaphor of the miners, mining strength and more people get even more money; therefore considered more computer power, the more you get bitcoins.

Nakamoto designed this a very effective way to ensure Bitcoin operations, by way of obtaining Bitcoin called "mining" dig computer Bitcoin, called "mining machine." "Mining" logic, simply, is to have every 10 minutes a math problem will be thrown into the network, we race to see who count fast. Regarded as the fastest computer will "dig" to a certain number of Bitcoin miners in exchange for access to bitcoin reward by providing "count force" for the Bitcoin network.

Recently, Bitcoin force the whole network operators have entered the era of force P count (1P = 1024T, 1T = 1024G, 1G = 1024M, 1M = 1024k), in force count soaring environment, P means the arrival of the era of Bitcoin We entered a new phase of the arms race.

Computing the total force calculation is a measure of the ability to generate a new block in a certain consumption of the network unit. Single chain block each coin varies with time required to generate new transaction blocks.
Yottachain Pancyclic technology take you through what is considered Bitcoin force?

The higher the count, the more force to dig money?

And mobile phones, computers, like mining machine operator force is also escalating. History Bitcoin appeared not long, but after mining mining CPU, graphics card and professional mining machine three mining era. Well, since the count increasing force, dug the money is not also increase it?

Within a specific period of time, then it is surely count higher force dug coins will be more. To Bitcoin, for example, count the higher the force there is likely higher calculated hash values ​​obtained rights record blocks, thereby obtaining Bitcoin reward. Therefore, increasing the number of mining machine and performance, you can apparently dug a bit more money.

Simply put, mining is the result of a lot of people competing to solve math problems, in order to record the next block competition authority, and the process of obtaining rewards. Who's mining machine (computer) operator force (performance) High, who is the first to calculate the probability of obtaining the result of the greater reward.

But in the long run, as time goes on, more and more force even count the number of coins dug also declining. On the one hand most encryption currency have diminishing incentives, such as Bitcoin will be halved reward every four years, in 2010 dug a block reward Bitcoin is 50, while in 2017 a block of reward only 12.5 Bitcoin. On the other hand, the number of miners more and more, even if you count compared to the previous force increased 10-fold, but the whole network operators force a faster growth rate, the proportion of your share count of force in the entire network would be to reduce of.

There is also a problem, if you want to calculate the encryption more difficult question remains the same, for example, has been the difficulty of 1 + 1 = 2, with the count increased force, one day count high power mining machine with low power mining machine operator can very easily calculated, then calculate the strength of the force of the impact will become very small. In order to ensure the reasonableness of competition, it is necessary for solving difficult mathematical size adjusted. The number of miners more, the difficulty will be increased in accordance with certain rules dynamically. However, if the miners are rushing to dig some sort of digital currency, it will be very difficult to solve high.

To solve this problem, basically all encryption currency has difficulty adjustment mechanism, such as Bitcoin will be adjusted once every two weeks difficulty Bitcoin cash to upgrade replaced the DAA difficult adjustment mechanism. They will be considered based on the strength of the whole network power, adjust the difficulty of computing, after the operator to ensure that no matter how terrible force high numbers, miners are required about the same time to work out the answer. In other words, even if you count the force of a lot higher than before, it will not be dug for more money, because of the difficulty of the questions you want to calculate, the same rate of increase. So the difficulty for mining the miners, it is a very important parameter. Bitcoin network operator force during December 2017 was 9.9EH / s, and as more and more miners join and growth, and therefore more difficult is increasing.
Yottachain Pancyclic technology take you through what is considered Bitcoin force?

There is a whole network operators force and what does it mean?

The whole network operators can literally understand force, the sum of forces both mining machine operator networks all those involved in the mining. Here is a simple example, the network about 100 million mining machine, mining machine count each force is 10T, then the whole network operators force is 1 billion T, in terms of what the unit is considered 100E force.

Calculate the size of the force on behalf of the entire network of digital currency mining activity, the greater the value, the faster the growth rate, indicating that the miners are optimistic about this encryption currency, it will be very good prospects in general the better the prospects of digital currency .

Development of computer calculation force to provide a solid technical support for the development of big data, computing power and the development of big data to provide technical support and basic raw materials for the development of artificial intelligence, is at the heart of artificial intelligence breakthrough progress. Advances in artificial intelligence, in turn, to calculate the force and Big Data provides transformational promoter.

Yottachain Pancyclic technology take you through what is considered Bitcoin force?

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