Virtual Currency Source Zhongrui Virtual Blockchain Technology

Virtual Currency Source Zhongrui Virtual Blockchain Technology When a transaction is included in a block, it can be considered a confirmation. The number of transactions for this item is increased by one for each block generated after this block. When the number of confirmations reaches more than six times, it is usually considered that the transaction is safer and irreversible. So now the transaction has spread on the Bitcoin network but it can only become part of the blockchain when it is verified and added to a block.
New transactions are constantly pouring into the Bitcoin network. When the nodes look at these transactions, they will temporarily put these transactions into a temporary transaction pool maintained by themselves. After the miners create a block, they can These transactions are taken out of the transaction pool and put into this new block and then prove the legitimacy of this block by solving a very difficult problem.
Generally speaking, it is almost impossible for an individual miner to make a profit by mining alone in such a competitive environment. Because their computing power makes it difficult for them to mine blocks on their own to balance the cost of hardware equipment and related electricity costs. So at such times they will choose to join the mining pool. Many miners combine into mining pools to pool their computing power and share the rewards together. So if nothing unexpected happens, the string of characters behind the big green arrow in the middle of the last line is the address of a mining pool, not the address of an individual miner. The mining pool received a reward of more than one Bitcoin, and the fraction behind it is earned from participating in mining. Mining fees.
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