How to start digging Bitcoin

Bitcoin is a cryptocurrency based on decentralization, peer-to-peer network and consensus initiative, open source code, and memory blockchain as the underlying technology. Bitcoin was published by Satoshi Nakamoto on October 31, 2008, and the Genesis Memory Block was born on January 3, 2009. In some countries, central banks, and government agencies consider Bitcoin as a virtual commodity rather than a currency. Anyone can participate in Bitcoin activities and issue it through computer operations called mining. Bitcoin is currently the most valuable digital currency by market capitalization.
Bitcoin uses the SHA256 encryption algorithm, with a total of 21 million units. On average, one memory block is generated every 10 minutes, and the reward for every 210000 memory blocks is halved. Currently, the reward for memory blocks is 3.125 BTC plus transaction fees.

The commonly used models for Bitcoin mining are as follows:

AntminerS19Pro、S19+、S19、T19、S17+、T17+、S17……
WhatsminerM30S++、M30S+、M30S、M31S+、M20S……
InnosiliconT4+、T3+Pro、T3+、T3、T2T……
AvalonA1246、A1166Pro、A1166、A1146、A1066Pro……
EbitE12+、E12、E11++、E10……

The mining pipelines of mining machines are similar, and this article takes the Ant S9 mining machine as an example.

You can obtain a Bitcoin wallet address through the following channels to receive mining profits.

1) Full node wallet

Click to download Obtain a full node wallet. The full node occupies a large amount of hard disk space (over 200GB). If the hard disk space is insufficient, exchanges or other third-party wallets can be used.

2) Exchange Wallet

Gate.io、 Binance、OKEx、Huobi,Register an exchange account and recharge with Bitcoin (BTC) to obtain the exchange wallet address.

DogPool The Bitcoin mining pipeline uses username mining, which requires registering an account and adding a username.
Visit DogPool's subsidiary BTC Mining Pool Page,Follow the instructions to complete the registration, then click to go to the personal center to obtain the sub account.

Enter the IP address of the mining machine in the browser address bar, enter the mining machine backend, or use the batch management software provided by the mining machine official to configure the following information:
Pool/URL：stratum+tcp://btc-hk.dogpool.work:1801
User/Worker：accountName.minerName
For example:

test1234.001

Password: Any setting, such as 123.
After confirming the above settings are correct, save the settings.

After running the machine for a while and submitting data to the mining pool, you can click on 'Miner Management' to view the running status of the mining machine; Click on 'Revenue Statistics' to view the revenue situation.

At present, when mining BTC, the free coin ratio is: 1 BTC gives 90 HTR + 1 ELA + 1 NMC

Here is the method to obtain a gift wallet address:

1) FB Get wallet address

Gate.io、Coinex, Register an exchange and find FB Recharge to obtain the wallet address.

2) HTR Get wallet address

Gate.io、Coinex, Register an exchange and find HTR Recharge to obtain the wallet address.

The minimum accounting organization for the HTR network is 0.01 HTR, and daily earnings less than 0.01 HTR will not be recorded.

3) ELA Get wallet address

Gate.io、Coinex, Register an exchange and find ELA Recharge to obtain the wallet address.

4) NMC Get wallet address

Y0bit、Coinex, Register an exchange and find NMC Recharge to obtain the wallet address.