What Does Mining Computing Power Mean (Mining Profitability Calculator)?

What does mining computing power mean? Simply put, it refers to obtaining a cer

What Does Mining Computing Power Mean (Mining Profitability Calculator)?

What does mining computing power mean? Simply put, it refers to obtaining a certain amount of Bitcoin as a reward through mining digital currencies.

In the field of computer science, there are two concepts: the size and difficulty of computing power, and the size of computational volume. If a machine processes 100 transactions or 1000 blocks, it can obtain a computing power of 1 billion (which is roughly equivalent to 14,000 bytes) within a certain period of time. This computing power of over 200,000 is enough to support the operation of the entire network. The third concept is mathematical probability. (Note: According to data released by Intel, there are currently approximately 38,000 servers worldwide used for mining).

Mining Profitability Calculator

Mining pool computing power profitability calculator

BTC.com is a decentralized mining platform based on the Bitcoin network. Users can receive ETH (Ethereum) rewards and other mined token assets by depositing and withdrawing encrypted currencies in the BitKeep wallet. According to official information, the total Bitcoin circulation on the entire network is currently 428,000; starting from January 2, 2020, BTC-e has been mined, and after three months, it will decrease to around 32 coins. In addition, there was a certain degree of price decline in BTC around the time of the halving in May 2020. The current BTC/USDT price is 8980 yuan/kilowatt-hour.

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