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Are bitcoin mines losing money

Publish: 2021-04-30 05:03:44
1. Erdos, 560 kilometers west of Beijing, is covered with hot waves and sandstorms. The gate is a dividing line, separating the two worlds. Outside the gate is a typical landscape of China's fourth tier Urban Development Zone, while inside the gate is a science fiction scene like the matrix. Eight large factories with blue roofs are juxtaposed. Tens of thousands of "mining machines" are flashing red and green light and roaring in the factory, making digital currency bitcoin for this "mine" day and night. This once the world's largest mine holds about 4% of the computing power (proction capacity) in the bitcoin world. During the peak period, it can dig out more than 100000 bitcoins a year, which is worth more than 3 billion RMB at the price of 30000 RMB in August 2017.
bitcoin was invented by "Zhongben cong" in 2009, Using the computing power of the chip, the boring and repetitive process of constantly "hash collision" in the blocks generated by the bitcoin system to win the bookkeeping right and thus obtain the system reward of bitcoin is vividly called "mining" in the bitcoin instry, and the professional staff engaged in this work are called "in the first few years of bitcoin operation, An ordinary laptop can play the role of "mining". However, the entry of Chinese miners has completely broken the balance of this situation. Relying on professional mining machines designed and made in China, they staged one after another bitcoin world computing power arms race, raising the threshold of "mining" tens of thousands of times
2. At present, the most popular way of bitcoin trading is contract trading. According to the rise and fall of the price, it is far better to obtain income than the traditional mining and direct trading. After all, there is no need to really hold virtual currency, just need to judge whether the price is up or down, which is very suitable for the existing investors, simple and convenient
3.

Recently, the price of bitcoin continued to rise, reaching a maximum of US $41000. According to Mr. Liu, the manager of the mine, recently some customers have asked for additional orders, but the output of the mining machinery manufacturers is insufficient and they can't get a large number of mining machinery. Now they have to wait five months or more. Most of his customers have increased their positions in the middle of this year. At present, the prices of mainstream mining machines vary from 30000 to 60000, Mining takes about 12 months to recover the cost

therefore, if people really have mining ideas, they should not be dazzled by the impulse of the moment, and they should try to do it slowly. Today, the price of bitcoin continues to rise, largely because many mainstream investment institutions or investors begin to be interested in digital assets and begin to hoard bitcoin

bitcoin investment has great risks, the phenomenon of sharp rise and fall is not uncommon, and there are not a few people who have lost all their money. Therefore, it is not advisable to follow blindly and keep calm in investment

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extended data

bitcoin plummeted by more than 10%:

earlier on January 11, bitcoin once fell to $37000 / piece, the lowest to $35141, and the biggest drop in the day was more than 10%. According to the data of bitcoin home.com, the amount of burst positions in the past 24 hours reached US $1.165 billion (about RMB 7.530 billion), and a total of 115138 people burst positions within 24 hours

for the sudden drop, some netizens said: "what should come will come.". Cautious investors said that such a high position, I first clearance, short about

4. After the price of bitcoin reached its peak in 2017, the price began to fall all the way below the mining cost price, and countless miners suffered serious losses. At present, the price of bitcoin has stabilized and rebounded in 2019, and the mining price is profitable. At present, many well-known blockchain leaders have begun to lay out mines. Xiaoju, the capital boss of cloud chain, said that the next two years will be the prime time for miners, Wall Street is speeding up its approach
5. It's different!
6. So far, the digital currency pioneered by bitcoin has not played a big role in stimulating the real economy. If there are any, they are mining machines and chips. But these are only phased, but the pulling effect is very small and may disappear at any time. Of course, there are also applied digital currencies at home and abroad, such as Ruitai coin, vitality coin, Ethereum and so on.
7.

After the recent price fluctuation of bitcoin, many people who invest in bitcoin have lost money or even burst their positions, which has aroused the attention of many netizens. In fact, these people who lose money or even burst their positions don't hold bitcoin, they just fry bitcoin like futures, so it's inevitable when the price fluctuates. Only those who dig bitcoin are not affected by the price fluctuation

in general, although the price of bitcoin is 45 million times higher than that at the beginning of its birth, because some people invest in bitcoin futures, they will naturally suffer losses and burst positions when the price fluctuates

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