The Ultimate Guide mining of hard disk | the differences between Bill Code and Filecoin
PoC is the abbreviation of “Proof of Capacity”, which is called conditional capacity proof mechanism. It uses hard disk capacity instead of pow mechanism to reach a consensus. Bill Code and Filecoin are also hard disk treasure hunting, but they are actually different. Today, let’s distinguish two popular but easily confused projects: Bill and Filecoin.
The advantages of POC are well known:
1. Ultra low power consumption: the power consumption of a POC hard disk miner is about 25W, and the power consumption of 100 whole machines is only more than 2kw. The total power of so many machines is equal to that of a household air conditioner.
2. Ultra low noise and heat: the resulting heat is also very small, without high-speed profiteering fan cooling. It’s the same as ordinary home computers.
3. There is no need for professional venues: It is not difficult to arrange dozens of sets in ordinary family study and enterprise office.
4. There is no need to hire an operation and maintenance team: Even if the machine crashes, it can be restarted at any time. The hardware replacement is simple and it is easy to buy spare parts.
In conclusion, POC treasure seeking replaces computing power with hard disk space; The threshold is low, everyone can participate. Compared with other digital currencies that use mineral machines, graphics cards, ASIC chips and other treasure seeking, poc treasure seeking investment costs less. Compared with the current POW machine is difficult to find, poc can search for treasure as long as it has hard disk, which greatly reduces the threshold of treasure searching and other advantages.
So how do we choose Bill Code and Filecoin for hard disk treasure hunt?
Search for treasure in filecoin
IPFS is a network transmission protocol for creating persistent and distributed storage and sharing files. All nodes in IPFS network will form a distributed file system. Compared with HTTP network protocol, IPFS storage is more secure, faster and cheaper. Therefore, it is considered that it will subvert the existence of the traditional Internet, and it will also be one of the key factors for the future success of the Internet of things. Filecoin is the incentive layer of IPFS, and treasure hunting is mainly about digging filecoin.
In short, filecoin defines a kind of payment medium in IPFS network, that is to say, filecoin is the “currency” circulating in IPFS.
From a technical point of view, IPFS in a decentralized environment, so that both sides of the transaction are sure that the other side will not cheat, will not default. This is very meaningful.
CPOC (BILL CODE), an innovative mining mode
Bill, full name is Bill Code, is a valuable financial system based on conditional proof of capacity (hereinafter referred to as CPOC) to change the production mode of cryptocurrency.
Bill code adopts CPOC conditional capacity proof mechanism, which uses the hard disk space of the computer rather than the computing power of the computer. The larger the capacity of the hard disk is, the more chance the miners will have to match the hash value they need, so they will have more chances to get rewards.
Bill code does a good job in structure. The miner doesn’t need any mortgage to dig bill. The miner gets all the rewards for blasting.
In the early stage of Bill Code, using CPOC mechanism to search treasure is to reduce the threshold of treasure hunting and let bill search belong to the public. Hard disk has become the last highland of treasure hunting battlefield! The combination of the two can create the ultimate goal of green energy saving and treasure hunting for all!
In conclusion, treasure hunting is a way of exchanging time for space and buying currency at a fixed cost. The growth of computing power, the rise and fall of currency price and the renewal of equipment will be in dynamic equilibrium; At present, the bill code model has brought higher returns to users and miners, with optimistic returns.
Note: IF you are interested in BILL CODE, could check their official channel: