How to extract Chinese bitcoin

2. We know that bitcoin investment is very popular. But bitcoin, as we all know, is hard to dig. However, if there is a good machine, it is not impossible to dig bitcoin successfully. Let's see how bitcoin is g

[1] make necessary preparations before mining

to start mining, we need to prepare graphics card, bitcoin wallet, mining software, etc. Because the GPU has considerable computing power, the graphics card is a good "mining" equipment

[2] start mining and choose a good ore pool

to start mining, there must be a mine pool with convenient operation and stable output. Its function is to subdivide the data packets for each terminal, and pay the corresponding amount of bitcoin according to the proportion of the data packets calculated by the terminal through precise algorithm. The btcguild ore pool abroad is recommended here, although there are many ore pools in China now, because there is no specific research and no evaluation. However, I would like to remind you that the output and income gap of each mine pool must be compared when selecting

take btcguild mine as an example to teach you the specific process of registration: register mine account - mine account setting - miner account setting - Download bitcoin miner - configuration of bitcoin miner - mining has started - log in btcguild to view bitcoin

the bitcoin g up at this time is stored in the website where the bitcoin is g up. It can't be traded or converted into paper money for the time being. What we need to do is to register an account on a trading platform. The bitcoin g up by the graphics card is imported from the website of foreigners to bitcoin China website. Only in this way can the bitcoin be handled freely, and it can be exchanged for RMB when it is sold or appreciated.

3. Users can buy bitcoin, and at the same time, they can use computers to do a lot of calculations according to the algorithm to "mine" bitcoin. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins. Due to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes. By 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes

warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
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
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation

response time: February 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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4.

This situation must be timely feedback to customer service, to retrieve

if bitcoin is stored in the account of the exchange, all the coins are in the big account of the exchange. If the exchange stops trading or goes bankrupt, all the coins belong to the actual controller of the exchange (the person who has the key of the big account)

therefore, if there are official problems in the exchange, we must contact the official customer service in time to retrieve them. In addition, digital assets, blockchain and other technologies will have unpredictable effects, and problems in the development process need to be standardized

extended information:

people who really own bitcoin do not store them on the Internet, but store them on the hard disk. Bitcoin's code is open source, which means that technicians can modify the code to proce a continuous stream of virtual currency

which breaks through the "limited amount" attribute of bitcoin. These virtual currencies can be exchanged with fiat currencies. For example, bitcoin can be exchanged into yen, and yen can be exchanged with almost all fiat currencies in the world

in this case, if the number of virtual currencies increases arbitrarily, there will be problems in the whole international monetary system. Therefore, on September 4, 2017, the central bank stopped the exchange function of the token trading platform, especially the exchange function with legal tender

5. It's OK to directly withdraw the bitcoin in the bitcoin China exchange into the wallet address. The paper wallet only functions as an address, which is equivalent to a two-dimensional code. However, now the central bank has tightened the bitcoin policy, and all major domestic exchanges have suspended the withdrawal of bitcoin for one month. Instry guidelines will also be developed within this month
the transaction cash withdrawal of dog coin, Ruibo coin, Puyin and other counterfeit coins will not be affected. The main purpose of restricting withdrawal is to comply with the anti money laundering laws and regulations of the central bank.

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