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Why does mining memory fail (how safe is mining memory)

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Why does mining memory fail (how safe is mining memory)

Why is mining memory bad? Why is mining memory bad In the Bitcoin network, in order to calculate the correctness of transactions and prevent key loss, the term “file” (such as hash value) is used to create a block. However, because the programmer did not send the block to anyone else, the information in the entire blockchain is not searched. This makes it impossible for the mined blocks to read complete data, and due to the randomness and immutability of their data, they cannot be verified or changed. They can only prove whether a specific address contains certain private keys and passwords through input and output. This method can effectively improve miners’ requirements for memory resources. However, if we assume that Bitcoin mining requires storage of 32GB of RAM to complete the mining work, the graphics memory will become large and generate many variables (such as size), so that they can determine the number, timestamp, location, and so on of these variables. Once these variables become effective consequences, there will be a problem of mining storage being destroyed

How safe is mining graphics storage?

This morning, PeckShield tweeted that based on mining graphics storage calculations, the current network activity level is about 2GB/s. If calculated based on the size of each block of 20MB, how safe is the current video memory? We can see from the data. According to Peckshield’s statistics, as of 11:30 on January 15, the computing power of Ethereum has reached 91.6PH/s, close to the security value of the total difficulty of the whole network of Bitcoin (about 100000 yuan).

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