Bitcoin mining principle novel

bitcoin is equivalent to digital gold. As a generally recognized equivalent, gold naturally has monetary properties and has been regarded as a kind of currency since ancient times. Bitcoin was born in 2009 and created by a person named Nakamoto. As the earliest digital currency, it was worthless at the beginning of creation. Until 2017, the highest transaction price of bitcoin exceeded 30000 RMB. The reasons why bitcoin became a valuable digital currency are as follows:

first of all, it is like gold, as a natural mineral, The total amount of bitcoin is limited. Bitcoin can not be over issued according to its own algorithm, so there will be no rapid devaluation of currency e to excessive currency issuance. The number of bitcoin is controlled to no more than 21 million e to the algorithm, so it can not be issued in large quantities, so its value is guaranteed

Bitcoin is an electronic currency proced by open source P2P software. Digital currency is a kind of network virtual currency. Bitcoin is also paraphrased as "bitcoin.". Short for: BTC

bitcoin does not rely on a specific monetary institution. It is generated through a large number of calculations of a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
bitcoin is very similar to cash
the advantages of bitcoin are: no freezing, no tracking, no taxes, and extremely low transaction costs. Compared with people who speculate in currency, it is wealth, and people outside the currency circle may think it is a fraud
bitcoin is a relatively mainstream digital currency, which can be properly invested. There are risks in the transaction. You can invest cautiously. You can search the fire coin, coin security, OK, dobby trading platforms on the Internet, which can trade bitcoin. These are relatively large trading platforms. Invest in mainstream digital currency, do not invest in counterfeit currency or air currency< br />

1. bitcoin is a string of code generated by an open-source P2P software, which we call cryptocurrency, e-currency and so on. Bitcoin is proced by mining. Generally speaking, bitcoin mining is to use your hardware to calculate the mathematical problems of sh265 algorithm, confirm network transactions, and ensure the security of the whole network system. As a reward, bitcoin system will give a certain amount of bitcoin reward according to the amount of computing power contributed by miners
   

2. mining is bitcoin. Bitcoin will be generated several times every other period of time, and whoever grabs it will own it. The computer connected to the bitcoin system is the tool "miner" for grabbing bitcoin. As for the issue of national recognition of bitcoin, simply speaking, it depends on the possible impact on the country< br />
   

Bitcoin mining is a process of using computer hardware to do mathematical calculation for bitcoin network to confirm transactions and improve security

First of all, bitcoin is a virtual currency. It is not issued by any bank or central bank. So I interpret the relationship between bitcoin and teras from a personal perspective
first of all, Tesla is an enterprise in the United States. Although business and technology have no national boundaries, businessmen have national boundaries and people have a sense of belonging. Therefore, as an American enterprise, teras certainly supports all policies issued by the US government that are beneficial to the US. Bitcoin, though not issued by the US, is of great benefit to the US. According to the relevant statistics, most bitcoin is now hosted by the bond companies under the name of the United States. If the United States embraces bitcoin first, it will have a lot of bitcoin reserves, a large number of bitcoin, encryption protocols and so on, which will become the same hegemony as the US dollar. Then this may bring a bigger windfall to the United States to maintain the monetary hegemony of the US dollar. Therefore, the United States, which has the most bitcoin, will give priority to bitcoin, which is for the benefit of the United States. Then teras, as an American company, will support bitcoin. Support us policies that are good for us

The official website of Tesla USA can use bitcoin to pay. I think this has a significant impact on bitcoin. First of all, bitcoin is a virtual currency. Now that bitcoin has been officially recognized by Tesla, bitcoin will certainly rise slightly. For many people, bitcoin is more valuable, but investment is risky, Don't follow blindly. Let's talk about it in detail{ RRR} 3
I believe many people have heard that some people make a fortune after investing in bitcoin, but we need to know that everything is risky, especially when investing in bitcoin. If you invest all your money in bitcoin, appreciation is the best result, but bitcoin is a virtual currency after all. If no one recognizes its value, So it is worthless, so it is easy to cause everyone's ruin, so we must not blindly follow the unfamiliar things, we must learn to think rationally