BTC mining is frozen
The so-called "this; Mining & quot;, It sounds a bit indecent. In fact, it is a server of the so-called distributed database
in the future, with the continuous increase of international trade volume and the continuous development of Internet platform economy, the whole international community, especially our netizens on the Internet platform, is eager to meet the demand for internet currency
of course, in the end, we have many Internet currencies, which one will become the mainstream settlement currency in our international trade and Internet platform. There is no clear answer to this question
because it involves a large-scale local power consumption, it is not so surprising that bitcoin account packaging business, which has an uncertain future, is treated like this in today's popular low-carbon economy, when the government and enterprises often need to be assessed for carbon emissions
in addition, we should also note that Internet money, in fact, poses a strong threat to central banks. It shows a tendency to replace it completely. So, it is also possible that our local governments and local regulatory departments may have received relevant instructions from the central bank system, for example, to shut down the Internet money business
As of July 24, 2020, the state has not issued any laws to prove that bitcoin mining machine is illegal
bitcoin mining machine is one of the ways to obtain bitcoin. Bitcoin is a kind of network virtual currency proced by open source P2P software
it doesn't rely on the issuance of specific monetary institutions, and it is generated through a large number of calculations of specific algorithms. 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
extended data
the issue and transaction of bitcoin are realized by mining, and it is cast at a certain but slowing rate. Each new block is accompanied by a certain number of new bitcoin from scratch, which is used as a coinbase transaction to reward the miners who find the block
the reward for each block is not fixed. For every 210000 blocks mined, it takes about four years, and the currency issuance rate is reced by 50%. In the first four years of bitcoin's operation, each block created 50 new bitcoins. Each block creates 12.5 new bitcoins. In addition to the block award, the miner will receive a handling fee for all transactions within the block<
source: Internet - bitcoin mining machine
however, spot trading is possible in China, but bitcoin has now restricted cash withdrawal. Arbitrage is nothing more than buying low and selling high to earn the difference. Digital currency Puyin takes 1 billion Tibetan tea assets as credit endorsement. Digital currency itself has the potential of appreciation, because Tibetan tea can appreciate.
The answer is: there are several goals, one withdrawal and one withdrawal. It's hard. Good luck
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places
it is based on bitcoin protocol, but different from bitcoin, it can also "mine" efficiently through consumer hardware. Liteoin provides you with faster transaction confirmation (2.5 minutes on average). It uses hard memory and mining workload proof algorithm based on scrypt (an encryption algorithm). It is oriented to ordinary computer and graphics processor (GPU) used by most people. The litecain network is expected to proce 84 million currency units
one of the design purposes of litecoin is to provide a mining algorithm, which can be run simultaneously on the bitcoin mining machine. With the rise of application specific integrated circuits (ASIC) designed for bitcoin mining, litecoin is also closely following the technological evolution. But before the widespread use of litecoin currency, it is unlikely that there will be an application specific integrated circuit (ASIC) specially designed for litecoin
client
litecain is a free software project released under MIT / X11 license, which allows you to run, modify and the software according to your own needs. You can also release a modified version of the software if you like[ 5]
the software is released in a completely transparent form, and users can independently verify the binary version and the corresponding source code.
According to reports, in April this year, Hanshan county power supply company found that the line loss of a section of high-voltage line in Lintou town of Hanshan County suddenly increased, nearly 10 times higher than the normal value. After section by section investigation, the line loss finally pointed to an abandoned factory in Lintou town
it is reported that after verification by the electric power department, Ma madly stole nearly 150000 kwh of electricity in more than one month. Ma was detained for theft. The case is under further investigation