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Solar energy and bitcoin mining

Publish: 2021-05-07 19:33:40
1.

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

2.

1. Bitcoin mining is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card

, which consumes a lot of power

one of the ways to get bitcoin is that users download software from personal computers and then run specific algorithms to communicate with remote servers

simply put, it is a box like a computer host. Plug in the Internet cable and power supply, and configure the account information

to automatically "mine" - generate bitcoin

2. The popular digital currencies in 2013 are bitcoin, Leyte coin, zeta coin, pennies (Internet), invisible gold bar, red coin, pole

point coin, barbecue coin and prime currency. At present, hundreds of digital currencies are issued all over the world

the price of bitcoin mining machine ranges from two or three hundred yuan to 200000 yuan

3. From 2011 to 2013, high configuration bitcoin & quot; Mining machine & quot; From 10000 yuan to 300000 yuan, but the performance is better than before

a lot

4. According to instry insiders, the old machine can only dig 1 bitcoin in 100 days, but now (2013) machine can dig 3.5 bitcoins in 100 days

according to the miner information published by the domestic assembly team, a miner with the lowest configuration at the price of 3000 yuan can be returned in more than 30 days according to the bitcoin mining speed

degrees

The machine with mining speed of 10G / s can dig about 0.03 bitcoins 24 hours a day, while the machine with mining speed of 13g / s can dig about 0.035 bitcoins 24 hours a day according to the full network computing power and difficulty of 2013

power consumption of bitcoin mining machine:

according to digiconomist's bitcoin energy consumption index, as of Monday (November 20), the current global annual power consumption generated by "mining" for

bitcoin is expected to be 29.05twh. TWH is one kilowatt hour, equivalent to one billion

power consumption per 100 S4 bitcoin mining machines is 900W per hour, and power consumption per S4 bitcoin mining machine is 90W per hour

3. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: November 30, 2020. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
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4.

At present, bitcoin needs to be g by professional mining machines. 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

according to the current speed and the number of bitcoins, it will take three months to get a bitcoin if a computer is kept in a 24-hour state of operation

extended data:

because the current bitcoin mines use special bitcoin mining machines to mine. The computing power of an ant S9 miner is 13.5th/s, which is equivalent to the sum of the computing power of 7500 1080ti graphics cards. A medium-sized mine has hundreds of such miners

the instry of bitcoin is not very good either, so you'd better not dream of becoming rich overnight with bitcoin. Now many countries have issued policies to suppress the rise of bitcoin prices. Some countries even refuse to dig bitcoin. Many bankers and economists are disgusted with the emergence of bitcoin

5.

Although many investors know nothing about bitcoin mining, they still can't resist the temptation of bitcoin price and plan to invest in the mining army. So if you also want to mine, I believe you will have a question in your heart: "what is a bitcoin miner? What is the principle of bitcoin mining machine? " To solve this problem, let's remember some popular science today

origin of bitcoin

to fully understand the origin of bitcoin, we have to mention the existing financial system

bitcoin mining machine specially used for mining. The popular digital currencies in 2013 include bitcoin, Leyte coin, zeta coin, pennies (Internet), invisible gold bar, red coin, pole coin, BBQ coin and prime currency. At present, hundreds of digital currencies are issued all over the world

with the orderly implementation of cashless society, banknotes will inevitably disappear in the long river of history with the passage of time. The future digital currency is believed to be similar to bitcoin, but it is by no means a limited supply. But when the human ability to proce wealth can be completely matched by the computing power of the computer, the issuing speed of e-money is directly proportional to or slightly exceeds the computing speed of the computer to create moderate inflation. In the future, while mining, it is also creating value rather than wasting electricity. In the end, the small changes in proctivity of digital currency match the difficulty of computing power, which may be the final form of human currency

6. Get out of the way. I'll answer
literally, bitcoin comes first, then blockchain. Bitcoin started in 2009 and blockchain started in early 2014
in essence, blockchain technology is a collection of technologies, mainly composed of distributed account book data
bitcoin is an application. In order to achieve some of the purposes of bitcoin, some technologies are used, because bitcoin is more and more valued by the market (that is, the price is getting higher and higher). These underlying technologies are later refined and called blockchain separately

then, their relationship is similar to that between internal combustion engine and automobile
in order to run, cars use internal combustion engine technology
the internal combustion engine technology is also widely used in trains, small power stations, agricultural machinery, engineering machinery, merchant ships, conventional submarines and small airplanes because of the wide application of automobiles. The number of internal combustion engines in the world ranks first among the power machinery of human beings

if you understand the relationship between blockchain and bitcoin in this way, is blockchain technology important
it's important, but more important is the structure of all kinds of human data and the decentralized future realized by this technology.
7. Bitcoin is the first application on the blockchain and the most classic representative of digital currency. Bitcoin proposes a P2P form of decentralized management and payment system, which is well known by the world. However, with the development of the times, the first generation blockchain still has the congenital defects of slow data processing speed and high data rendancy. Bitcoin is still not suitable for the application scenarios in daily life. The current digital currency mostly imitates the technical mode of bitcoin, which is called "one generation coin"

ACC is the local currency of assets, which is the representative of the typical "second token". It is an asset token based on the application of blockchain technology in order to realize the value transfer within the scope of application. ACC is based on the application of digital assets. ACC is used as fuel for the issuance, transfer and voting of digital assets. Its operation mechanism is the balance between currency pool and asset pool, that is, when assets enter the pool, currency will be released. This strict standard system anchored with asset portfolio is a great progress in the application of blockchain.
8. There is no difference in the nature of electricity
photovoltaic power generation is essentially the same as hydropower generation
as long as the electricity is cheap
generally speaking, if the electricity charge is more than 30 cents, you can hardly earn money from mining.
9. Bitcoin is a kind of network virtual currency, and photovoltaic currency is an energy virtual currency, which is supported by national policies and real economy.
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