Can bitcoin make money now

1. Now it's not very profitable. In 12 years, the price of bitcoin was about 1000 +. With personal PC, we could dig more than one coin a week. The current currency price is about 20000 yuan
Development:
1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. West Virginia Democratic Senator Joe; On February 26, 2014, Joe Manchin issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China.

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.

3. As long as we control the pace of investment and position building, I think there is a great hope of making money. The newcomers suggest going to the college channel of okex exchange to have a look. There are many introctory video tutorials to learn.

4. It's just a kind of virtual currency. Making money only depends on luck. Maybe it will be worthless at any time.

5. 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.

6. 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.

7. The probability of asking such a question is just like a chicken in the air. In the current mine, your equipment is a little rubbish and doesn't look up to you at all. You can just disconnect it and dig it with a mature quantum computer. It's almost worth making a lot of money, but it's a pity that you don't have it now

8.

There are still some. First of all, from the perspective of short-term speculation, it is generally favorable. At present, there are two biggest favorable expectations in the currency circle. One is that the central bank's digital currency will be launched at the beginning of this year, which is also good for the currency circle. Another is that bitcoin mining will be halved. In May 2020, bitcoin will usher in the third halving, Half from 16.5 to 8.25

mining will basically stop, unless bitcoin rises to US $10000

at present, bitcoin is US $8000, so it's certainly right to buy at a low price in this position

the second target price of bitcoin must reach a new high, and more than US $20000 is a short-term high probability event

in the long run, we should compare asset preservation, For details, please refer to this article

which is better, bitcoin or gold

9. 11000 is nothing. It may become history within 20000. If you like, buy it. But you need to choose a reliable big exchange with guaranteed security. Domestic recommendation of okex, an old exchange with more than seven years, is good in technology and security. The trading volume is also the largest in the world. You can buy bitcoin for one minute and try the next app

10. 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.