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BTC performance

Publish: 2021-04-29 07:15:01
1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: December 28, 2020. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
2. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. Under normal circumstances, an ordinary home computer can bear up to 1000h / s of computing power. According to the hash collision data of bitcoin 3 million times per second, if it is just an ordinary home computer, even if it is mining 24 hours a day, it can dig up to 0.0018 bitcoins a day. It takes at least 556 days to dig out a complete bitcoin. If it is not lucky in the middle of the way, it will be difficult to dig out a complete bitcoin, It may take more time

warm tips:
1. The above information is for reference only, without any suggestions
2. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
response time: February 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
3. Lightning bitcoin, referred to as LBTC, is a new digital currency proced by lightning team through hard bifurcations of bitcoin, in order to solve the problems of miners centralization and transaction congestion in bitcoin. In addition, lightning bitcoin has nothing to do with lightning network technology, and the improvement of LBTC transaction speed is not achieved through this technology

LBTC was highly forked in block 499999 of bitcoin on December 23, 2017, with a circulation of 21 million, and does not support segwit.
4. This should not have too many requirements, generally not less than 4 megabytes

the founder of bitcoin, Tsung Nakamoto, left the bitcoin project in 2010 and became one of the most mysterious figures in the coin circle. Bitcoin is made by mining. Mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network. This process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary.
5. It's OK. It's easy to use. There are 1960 information type blockchain networks in China and more than 90000 overseas. You can see a lot of information blockchain websites such as "blockchain XX network" directly through the domestic network "blockchain network".
6. Mai Dian mall is not a virtual currency on the Internet. It's like a mall. It's said to be a pyramid selling mall
network virtual currency generally includes game currency and digital currency
digital currency generally refers to bitcoin, Leyte coin, dogcoin and project crowdfunding token of European crowdfunding platform.
7. Be careful in investment and financial management. Don't trust others. Learn more about it and read more professional books. Don't think about making big money in the short term; We should realize that financial management is a matter of life, not a matter of time. Investment and financial management is generally easy to lose money, and it is even more difficult to earn the lost money back. Now there are too many chaos in the financial market, and there are many people who run away from the black platform. You are greedy for other people's high profits, and others want your principal. You must go to a legal platform, at least you will not lose the principal. Money is not so easy to earn, Only if you are more professional, can you make money for a long time. Do what you know, understand, don't understand, unprofessional, that's temptation, and you will lose in the end.
8.

The price of bitcoin mining machine ranges from two or three hundred yuan to 200000 yuan. From 2011 to 2013, the high configuration bitcoin "mining machine" increased from 10000 yuan to 300000 yuan, but its performance is much better than before. According to instry insiders, the old machine can only dig 1 bitcoin in 100 days, but now (2013) machine can dig 3.5 bitcoins in 100 days
according to the miner information published by the domestic assembly team, a miner with the lowest configuration at the price of 3000 yuan can be returned in more than 30 days according to the bitcoin mining speed. The machine with mining speed of 10G / s can dig about 0.03 bitcoins 24 hours a day, while the machine with mining speed of 13g / s can dig about 0.035 bitcoins 24 hours a day according to the computing power and difficulty of the whole network in 2013. Mining is actually a competition of performance and equipment. The mining machine composed of many graphics cards, even if it's only hd6770, the computing power after "grouping" can surpass the single graphics card of most users. And this is not the most terrible. Some mining machines are made up of more such graphics card arrays. When dozens or even hundreds of graphics cards come together, the graphics card itself costs money. Taking into account the hardware price and other costs, there is a considerable expenditure in mining< br />

9. 08Al replaces btc1. How can it be replaced? Btc1 is OK.
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