As mentioned before, bitcoin network is accounted by nodes, and it needs computing resources to participate in accounting. In bitcoin network, there is an incentive mechanism to provide bitcoin rewards to nodes who have obtained accounting rights, so as to encourage more people to participate in accounting.
We can think of each node as a miner, and each bitcoin node will collect all the unconfirmed transactions and gather them into a data block. Bitcoin uses cryptography to introduce hash algorithm into the algorithm, which will give a very difficult calculation problem to the computer of the whole network for calculation. At the same time, the hash algorithm will adjust the difficulty of calculation, so that it takes about 10 minutes to get the correct hash value every time. As a result, bitcoin generates a block every ten minutes.
Miners are fighting for the bookkeeping right of blockchain. Once they win the bookkeeping right, they will get the bitcoin sent by the system as a reward
Our Services
1. Brand New Miners Selling
2. Used Miners Testing and Repairing Services
3. Used Miners Sources
4. Responsive Reply
5. Professional Knowledge in Mining Area
6. Dropshipping service available
Company Information
Boyu Technology is with a energetic and professional team in mining business for 3 years, including reselling, repairing and hosting. Our Repairing Department locates in Shenzhen while we also have mining farms in west of China.
FAQ
1. How can I trust you?
A: We can do Escrow for you as long as you willing to pay the transaction fee.
2. If my miners dont work, what can I do?
A: All miners will be tested before shipping out. We will teamview and help you to solve the problem for programing issues. For large quantity, we will provide back up accesorries, like control board, hashboard for you to replace right away. More discounts can be negotiated.
3. Is mining still profitable?
A: Hard to say.
4. What models is the best?
A: It depends. Your electricity cost, your budget, and how you know the market etc are elements for you to consider.
