Selling houses to buy BTC
mining is the only way to obtain undeveloped bitcoin, which needs to purchase professional mining equipment for mining, which is called mining machine in the instry
bitcoin miner obtains bitcoin through a lot of calculation through hash algorithm. As we all know, the number of bitcoin is constant, 21 million. As time goes on, the number of miners increases and the number of miners decreases.
the difficulty of bitcoin system is dynamically adjusted. Every 2016 bitcoin is g, an adjustment will be made, The adjustment is based on the block time of the previous 2016 blocks. If the average block time of the previous cycle is less than 10 minutes, it will increase the difficulty. If it is more than 10 minutes, it will rece the difficulty. The purpose is to ensure that the system can output a block every 10 minutes, so the difficulty adjustment time is about 2 weeks (2016 * 10 minutes), that is to say, the output will be halved every four years, And the difficulty will be adjusted every 14 days, so the general trend seems that the output of mining will be less and less
2. Purchasing power for bitcoin
after the prevalence of mining, there are some bitcoin mines, that is, multiple mining machines are concentrated in one place for mining, unified maintenance and management, low electricity price, to rece the cost of mining
the most important parameter of bitcoin mining machine is computing power. The higher the computing power is, the higher the output will be. In the difficulty of bitcoin mining, how much bitcoin can be g with 1t computing power is also used to measure the current difficulty of mining. Therefore, some mines will directly sell computing power to users to dig coins. In this way, the mining risk is relatively lower, and there is no need to buy mining machines and equipment, and no need to maintain them, The maintenance and management of mining machine is relatively troublesome for Xiao
3. Reward for bitcoin
with the rising price of bitcoin, bitcoin has gained more popularity than before, and its position in virtual currency is also unmatched by other currencies. There are some real procts of reward bitcoin mechanism in the market, and cat disk is one of them< The simplest way to get bitcoin is to find the person who holds bitcoin to buy bitcoin, which is equivalent to buying goods. But bitcoin is not required by everyone. Therefore, it is necessary to find the person who holds bitcoin and carry out direct transfer transaction. At the same time, there are certain risks, The other side needs indivials to grasp whether they are cheaters or not, so I don't recommend such transactions on the basis of not being acquaintances or not having certain trust
2. Online trading
there are many trading platforms for bitcoin, large or small. At present, the relatively large and well-known trading platforms are Huo coin, coin security, okex, uto market,... And so on. These platforms are more convenient and safe as three-party guarantee transactions, and the only risk is platform running, But the possibility is relatively small, but some small platforms are not without security
several markets called bitcoin exchanges allow indivials to trade bitcoin in a variety of global currencies. Although every bitcoin transaction is recorded in the public account book, it never reveals the identity of the buyer and the trader, as well as a secret afternoon. They can be identified by Wallet ID, code or false name. That's why bitcoin is the preferred form of trading. But there is a drawback to this feature. Due to unidentification, some people carry out illegal occupations, such as selling illegal drugs through the bitcoin exchange. The accumulated bitcoin can be cashed and transferred to the account used to withdraw bitcoin. Cash can only be transferred to the account that originally purchased cryptocurrency. If someone does not, it is recommended that the user should first purchase a small amount of cryptocurrency and activate the account function. Learn more about bitcoin transactions Schweizer kochrezepte.ch
the key element of bitcoin is its decentralized location, which means it is not regulated by any major authority. This distinguishes it from fiat money. Bitcoin payments are managed through a remote computer grid linked through a shared ledger. Each transaction is instantly recorded in each network's blockchain, which notifies and informs all accounts. Blockchain can be used as a decentralized ledger and eliminates the requirement of any central authority to supervise such archives
central banks or government organizations will not distribute bitcoin as legal tender does. Instead, bitcoin is either mined by processors or purchased in standard local currency and then placed in the bitcoin wallet, which is most often retrieved through computers or smartphones
is BTC trading platform legal? Comprehensive guide to bitcoin transactions
Bitcoin, born on November 1, 2008, is a kind of virtual encryption digital currency in the form of P2P , which is composed of complex computer-generated code. Compared with other virtual currencies (q-coin and various game currencies are virtual currencies), the total amount of bitcoin is very limited , so it is more valuable. Moreover, based on the design of cryptography, bitcoin can only be transferred or paid by the real owner, which ensures the anonymity of currency ownership and circulation transactions
as a result, in 2014, bitcoin collapsed, and Tang Yu was flustered, but he still insisted, waiting for the price of bitcoin to pick up. However, after waiting for three years, the price of bitcoin was not as good as the price when he bought it
in the end, it was sold at the price of $750. All bitcoins were emptied. It was bought at $810 and sold at $750. Obviously, it lost money
Tang Yu now lives the same life as ordinary people, but I don't know if Tang Yu will have waves when he sees the news. Because at that time, one year after he sold bitcoin, bitcoin broke its price again, reaching nearly $20000 in history. If Tang Yu insisted on it for another year at that time, he might earn more than $2 million and now the price of bitcoin is particularly high, so I don't know whether it can accept the current reality
The rise of bitcoin also makes the original small circle of the coin circle more people's attention. The news that the richest man in the coin circle has obtained 100 times of investment income from selling real estate and buying money also makes many people smack their tongue, and also makes many people jump to think about investing in bitcoin. But in my opinion, it's not a wise decision to invest in bitcoin now, because the current price of bitcoin is too high, and it is in danger of collapse at any time
generally speaking, in the current situation of bitcoin, investment is not recommended