There is no cost to dig bitcoin in 2009
at present, the computing power of bitcoin in the whole network has reached 2.36 billion hash collisions per second, which is equivalent to the number of water droplets in more than 200000 50 meter long standard swimming pools. But even with such a large amount of computing power, it will take about 10 minutes to hit a hash value that meets the requirements
in 2012, bitcoin's output was halved for the first time, and in July 2016, bitcoin's output was halved for the second time. At present, 12.5 bitcoins are awarded for recording one page of account book. The next halving will take place around 2020, and the total number of bitcoins will not increase by 2040, with a total of 21 million. In other words, the difficulty of digging bitcoin is increasing, while the time required is increasing
this depends on the CPU computing time of your computer, and on your network speed. If you use an ordinary home computer or a personal mobile phone. You don't have to get a bitcoin a year
unless there are more powerful mining machines. Of course, it will cost more. Unless you don't invest in mining machines, you invest in illegal software. Let these illegal software invade other people's computers and mobile phones. Other people's computers and mobile phones do a lot of bitcoin computing and mining. In this way, the cost of mining machine, electricity, flow, heat dissipation and so on are saved. But we need to know that this is a violation of national laws. This will also allow other people's mobile phones to carry out a lot of calculations after power on, encroach on other people's memory, and make other people's mobile phones scrapped earlier< br />
now it's very difficult to download the program from the official website and do it yourself, but it may take several years. The second way is to buy it. Now it's about 18 dollars, less than 100 yuan. Mt.gox, bitcoin's largest trading website. On the official website of bitcoin, there is a paper by Nakamoto Tsung, which details the technical principles of bitcoin. In short, bitcoin is based on a set of cipher codes and generated by complex algorithms; Anyone can download and run bitcoin software to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P network
by 2140, the total number of bitcoins was 21 million. I suggest you buy it
if you still don't understand, it's suggested to search in the search engine: laoan, or Duan Hongbin, who has many blogs and is easy to find, and also has QQ. Add friends and let him give you< In 2009, a mysterious hacker named Satoshi nakomoto first proposed the concept of bitcoin, and described a method of using computer networks to create an unmanaged "secret currency". Unlike other virtual currencies, bitcoin is not issued by a company or a central bank, nor linked to any real currency, but can be used to buy goods and services in the real world. In essence, it can be seen as a small string of encrypted code quickly transmitted and stored in the electronic wallet on the Internet
just as the P2P networks such as Napster and Skype have made the record instry and telephone instry in chaos, bitcoin, which challenges the modern monetary and financial science, is also based on P2P, which is the same as the BT download technology we commonly use. The advantage of P2P is to ensure that no institution can manipulate the value of bitcoin or increase the supply to create inflation. In a huge P2P network, bitcoin has a special algorithm, which proces about 300 bitcoins per hour. The output is automatically adjusted by the network. Because you can't control most of the network nodes, you can't modify the algorithm of each user to speed up the money proction
figuratively speaking, bitcoin is "mined" by computers all over the world. If you want to get bitcoin, you just need to install mining software, and your computer will start to do a lot of calculations, which is mining
no matter which computer is used to mine, it is easy to get 50 bitcoins in the early days of bitcoin. As early as January this year, 50 bitcoin was not worth $15, but on June 9, a bitcoin was worth as much as $29.55. If you trade them, you can get back $1500 of real gold and silver. Now, however, mining requires high-performance computers, and some developers involved say that it is estimated that an ordinary laptop will work for five years to get a bitcoin.
now in bitoffer, you can buy a bitcoin equity, that is, an option, for as little as $5.
bitcoin was born in 2009. It is based on a set of cipher codes and generated by complex algorithms. It can be circulated around the world by any computer connected to the Internet. Anyone can mine, buy, sell or collect bitcoin. Due to its scarcity, cashability, tradability and extremely low cost of Internet payment (especially micro payment), bitcoin has evolved into a virtual digital asset with real price. It is reported that a large number of Internet companies including Internet companies in China have accepted bitcoin payment; In foreign countries, bitcoin has been more widely accepted, and there are tens of thousands of Internet businesses supporting bitcoin payment[ 1]
bitcoin China is the largest bitcoin trading platform in China. The main body of bitcoin China is Shanghai sutexi Network Co., Ltd. the legal representative is Bobby Christopher Lee (English name of Li Qiyuan). The registration date is July 9, 2013, and the registered capital is RMB 1.2 million< br />
- - 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.
