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Bitcoin mining in Australia

Publish: 2021-05-06 07:16:56
1. bitcoin mining software refers to the bitcoin mining client, this one is universal, there is no domestic or foreign saying
at present, bitcoin mining needs professional mining machines. Now bitcoin mining is a very professional thing. Retail mining has been graally eliminated, and bitcoin mining is graally mastered by several major mining machine manufacturers and owners
as long as the digital currency allows mining, it is OK to mine anywhere. As long as the network can be connected, mining generally uses ordinary computer or graphics card or professional ASIC mining machine
some digital currencies do not need to be mined, but are pre mined in advance, such as Ruitai, but Ruitai is a kind of asset mortgage certificate. Of course, most of the others need to be obtained through mining, such as Wright coin and thousand gold card mining.
2.

The most advanced bitcoin mining machine, one to two years to dig out a bitcoin, bitcoin mining is now too difficult. If you want to dig, you can dig ether currency. Now it is steadily appreciating every day. According to the current development trend, it will be able to recover its capital in about seven months, and then it will be profitable< br />

3.

You can't dig in a day. It takes 2000 years

the global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin

in order to make the graphics card fully loaded for a long time, the power consumption will be quite high, and the electricity bill will be higher and higher. Many professional mines at home and abroad are operated in areas with extremely low electricity charges, such as hydropower stations, while more users can only mine at home or in ordinary mines, so the electricity charges are not cheap. Even in a certain residential area in Yunnan, there was a case of crazy mining, which led to a large area trip of the residential area, and the transformer was burned


extended data:

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system

bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer

when bitcoin was born in 2009, block rewards were 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25

when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. 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 about 21 million

4.

the investment of bitcoin should be in two aspects in its present form, a bitcoin is worth tens of thousands of yuan. But because there are fewer and fewer bitcoin data codes, you need more time and more cost to get bitcoin. You know, the lowest price of a bitcoin miner is 3000 yuan. And because bitcoin has to do a lot of calculations to get a bitcoin miner to operate for a long time. In addition to the cost of these mining machines, site costs and electricity charges. It's hard to make money

unless you don't invest in mining machines, you invest in some 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

5.

It has been ten years since the birth of bitcoin, and the price of a single bitcoin has broken through the $40000 mark, which has attracted more and more people's attention. And the trend of bitcoin is more and more like a bubble. Strong>, however, in the short term, the bubble will not burst in the short term, and it will probably be cracked until the bitcoin is close to digging. Of course, the bubble will break up mainly depends on the capital of the speculation when what time to leave, if the capital does not leave the field, the bubble will continue to . p> According to the above two points, the rising price of bitcoin is more like the last craziness of bitcoin and the last means for capital to make money. Although it is not known how long this method will last, but because of the characteristics of bitcoin itself, it can not replace traditional currency as a means of daily life. , when people no longer recognize their value or do not need it, then the bubble of bitcoin will burst instantly. P>

generally, no one can accurately determine the time of bursting of bitcoin bubbles, because it is related to what time the bitcoin will be g and what time the capital will leave. p>

6. China's bitmainland accounts for more than 60% of bitcoin's computing power
7. Because their economy is underdeveloped and their electricity proction is very small, mining machines need to consume a lot of electricity, and usually tens of thousands of them dig together (it is difficult to dig out coins alone). Because the output is small, it is expensive.
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