Can bitcoin make money
Publish: 2021-05-01 07:36:14
1. Many of bitcoin's money making words now are to turn the price difference to earn the exchange rate. This is because the market fluctuates a lot. If you want to make money, you can buy it.
2. The price of bitcoin has gone up abruptly, and the old miners who left the mine have begun to return. Many new people have also poured into the mining instry. However, the price has gone up, and the difficulty of mining bitcoin is also rising. How can we make money from mining now
- - talking about the mining cost of bitcoin -
the first thing to consider is the cost if you want to make money. If the profit is greater than the cost, it is worth doing. We all know how much bitcoin costs, so let's calculate the cost
1. Mining machine cost: the "number" of bitcoin is a problem-solving process, which can't be calculated by human brain alone. Therefore, mining people need to buy mining machines and keep calculating. The more mining machines, the stronger the computing power
2. Electricity charges: mining machines are big consumers of high power. How much electricity does it consume? Let's put it this way. At present, the electricity consumption of bitcoin and Ethereum mining has surpassed Jordan, Iceland, Libya and other small countries, ranking 71st among all countries and regions in the world. You want to cry when electricity is expensive
3. The rent of the place where the mining machine is placed: because the mining machine consumes a lot of electricity, the power supply load of ordinary residential buildings can not be guaranteed at all, so the mining must rent a commercial site separately, and the rent is much more expensive than that of ordinary residential buildings
4. Operation cost: in order to ensure the computing power, the high-power mining machine needs to work 24 hours, which requires someone to maintain it at any time. When the mining machine is in trouble, the cost of hiring someone is required; At the same time, the mining machine is very delicate. If it is too hot or too cold, the vegetables will be stopped. Therefore, the measures of cold air and cold water insulation are needed to help the mining machine run. This is another expense
5. Mining machine update cost: because bitcoin is becoming more and more difficult to dig, the machine that was able to dig a month ago may not be able to dig anything today, and the market will also launch mining machines with greater computing power. The original mining machine is not worth money immediately. If you want to maintain computing power, you need to buy mining machines again
the above bitcoin mining costs all have a marginal effect, that is, the larger the volume is, the lower the corresponding cost will be. Therefore, some super large mines have been built
bitcoin g in the mine will enter the mine pool and be distributed by all participants. Large mines will be built in places where labor and electricity are cheap, such as Venezuela, the legendary miner's paradise, or Iceland, where the climate is favorable and electricity is cheap
as for the cost, everyone will be different. Let's take a look at an average: in 2017, according to the data of elite fixtures, a research institution, Venezuela is the cheapest of 115 mining countries, which is 513 US dollars, while South Korea is the most expensive, which is 26170 us dollars
China's mining cost is US $3172, which is relatively low among 115 countries. However, the cost is an average value. Large mines with low electricity prices must be much lower. If you are a lone ranger, the cost will rise sharply
in a word, if you really want to make money by mining, first of all, unless you are rich enough to build a mine with thousands of machines, you'd better join a mine to dig together. Although you have to share the money, it's still appropriate in the long run because it can greatly rece costs and improve computing power
secondly, whether you dig by yourself or join the mine, you must choose the place with low electricity cost, and the city with abundant hydropower resources is preferred, because hydropower is the cheapest source of power generation in China at present.
- - talking about the mining cost of bitcoin -
the first thing to consider is the cost if you want to make money. If the profit is greater than the cost, it is worth doing. We all know how much bitcoin costs, so let's calculate the cost
1. Mining machine cost: the "number" of bitcoin is a problem-solving process, which can't be calculated by human brain alone. Therefore, mining people need to buy mining machines and keep calculating. The more mining machines, the stronger the computing power
2. Electricity charges: mining machines are big consumers of high power. How much electricity does it consume? Let's put it this way. At present, the electricity consumption of bitcoin and Ethereum mining has surpassed Jordan, Iceland, Libya and other small countries, ranking 71st among all countries and regions in the world. You want to cry when electricity is expensive
3. The rent of the place where the mining machine is placed: because the mining machine consumes a lot of electricity, the power supply load of ordinary residential buildings can not be guaranteed at all, so the mining must rent a commercial site separately, and the rent is much more expensive than that of ordinary residential buildings
4. Operation cost: in order to ensure the computing power, the high-power mining machine needs to work 24 hours, which requires someone to maintain it at any time. When the mining machine is in trouble, the cost of hiring someone is required; At the same time, the mining machine is very delicate. If it is too hot or too cold, the vegetables will be stopped. Therefore, the measures of cold air and cold water insulation are needed to help the mining machine run. This is another expense
5. Mining machine update cost: because bitcoin is becoming more and more difficult to dig, the machine that was able to dig a month ago may not be able to dig anything today, and the market will also launch mining machines with greater computing power. The original mining machine is not worth money immediately. If you want to maintain computing power, you need to buy mining machines again
the above bitcoin mining costs all have a marginal effect, that is, the larger the volume is, the lower the corresponding cost will be. Therefore, some super large mines have been built
bitcoin g in the mine will enter the mine pool and be distributed by all participants. Large mines will be built in places where labor and electricity are cheap, such as Venezuela, the legendary miner's paradise, or Iceland, where the climate is favorable and electricity is cheap
as for the cost, everyone will be different. Let's take a look at an average: in 2017, according to the data of elite fixtures, a research institution, Venezuela is the cheapest of 115 mining countries, which is 513 US dollars, while South Korea is the most expensive, which is 26170 us dollars
China's mining cost is US $3172, which is relatively low among 115 countries. However, the cost is an average value. Large mines with low electricity prices must be much lower. If you are a lone ranger, the cost will rise sharply
in a word, if you really want to make money by mining, first of all, unless you are rich enough to build a mine with thousands of machines, you'd better join a mine to dig together. Although you have to share the money, it's still appropriate in the long run because it can greatly rece costs and improve computing power
secondly, whether you dig by yourself or join the mine, you must choose the place with low electricity cost, and the city with abundant hydropower resources is preferred, because hydropower is the cheapest source of power generation in China at present.
3. It's very simple. It can be sold directly in the legal currency trading area
4. The state should introce DCEP.
5.
The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of money circulation. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual goods. As long as someone accepts it, they can also use bitcoin to buy real-life goods[ 1] [2]
on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to several regulatory departments of the US federal government, demanding that action be taken as soon as possible to completely ban the electronic currency[ 3] From 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees[ 4]
on April 12, 2018, bitcoin soared by more than 17%, suddenly rose to more than $8000, reaching a high of $8011
6. It may be an opportunity in the short term, but it is a high risk, so we suggest to treat it with caution. If you have 1000W spare money, you can invest 20W
bitcoin is a revolutionary proct with unique significance. Its emergence is like the birth of Internet, a network without central server, in the vigorous movement of Ethernet. Bitcoin is to play down the role of the National Central Bank, that is, to eliminate the exchange rate between countries. Money is only related to the needs of market circulation. Bitcoin was born in the United States, so its real value should be comparable to the US dollar, that is, US $0.1 to US $10
but now bitcoin has not entered the circulation field. On the contrary, it has been wildly hyped. The latest one is about US $10500, which runs counter to its original intention at the beginning of its birth. The central banks of the world's major countries do not support bitcoin, especially our central bank firmly opposes it. So now entering is speculation, speculation is gambling it can still rise, bubble will not immediately break.
bitcoin is a revolutionary proct with unique significance. Its emergence is like the birth of Internet, a network without central server, in the vigorous movement of Ethernet. Bitcoin is to play down the role of the National Central Bank, that is, to eliminate the exchange rate between countries. Money is only related to the needs of market circulation. Bitcoin was born in the United States, so its real value should be comparable to the US dollar, that is, US $0.1 to US $10
but now bitcoin has not entered the circulation field. On the contrary, it has been wildly hyped. The latest one is about US $10500, which runs counter to its original intention at the beginning of its birth. The central banks of the world's major countries do not support bitcoin, especially our central bank firmly opposes it. So now entering is speculation, speculation is gambling it can still rise, bubble will not immediately break.
7. Compared with buying bitcoin, buying mining machine to dig bitcoin has lower risk and higher income. However, e to the limited proction capacity of mining machinery, short supply and insufficient hand speed, the price of buying others' hands is much higher, and after buying the mining machinery, they have to find low-cost electricity and suitable mine hosting. Many users find it troublesome to rent mining machinery and dig bitcoin. Due to the transparent income (how much money can be g every day can be found on the Internet), the cost can be known by itself, so the profit and payback cycle can be calculated quickly, and the price fluctuation of mining machine is smaller than that of t-coin, so renting mining machine has become the first choice for bitcoin investment. More reference to the existing information and methods, choose a most suitable for their own. Here I recommend tengge sideline training camp. It's really good. It's very detailed.
8. The main test of making money is my personal vision. I have been buying bitcoin on the okex exchange for 2 years, and I have been making profits for a long time.
9. Find out the nature of the Ministry of instry and information technology< The Ministry of instry and information technology of the people's Republic of China (hereinafter referred to as the Ministry of instry and information technology, MIIT) is a department directly under the State Council in accordance with the institutional reform plan of the State Council published on March 11, 2008< The Ministry of instry and information technology is mainly responsible for the formulation and implementation of instry plans, policies and standards; Monitor the daily operation of the instry; Promote the development and independent innovation of major technical equipment; Managing the communications instry; To guide and promote information construction; Coordinate and maintain national information security
as an instry management department, it mainly manages the planning, policies and standards, guides the development of the instry, but does not interfere in the proction and operation activities of enterprises. Among the key universities in China, there are 7 universities directly under the Ministry of instry and information technology and 5 universities jointly built by the Ministry of instry and information technology.
as an instry management department, it mainly manages the planning, policies and standards, guides the development of the instry, but does not interfere in the proction and operation activities of enterprises. Among the key universities in China, there are 7 universities directly under the Ministry of instry and information technology and 5 universities jointly built by the Ministry of instry and information technology.
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