Current bitcoin mining volume
at present, the computing power of bitcoin in the whole network has reached 2.36 billion hash collisions per second, which is equivalent to the number of water droplets in more than 200000 50 meter long standard swimming pools. But even with such a large amount of computing power, it will take about 10 minutes to hit a hash value that meets the requirements
in 2012, bitcoin's output was halved for the first time, and in July 2016, bitcoin's output was halved for the second time. At present, 12.5 bitcoins are awarded for recording one page of account book. The next halving will take place around 2020, and the total number of bitcoins will not increase by 2040, with a total of 21 million. In other words, the difficulty of digging bitcoin is increasing, while the time required is increasing
The total number of bitcoins is 21 million
in 2009, when bitcoin was born, block reward was 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
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monetary characteristics
1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6. Cross platform mining: users can explore the computing power of different hardware on many platforms
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
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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
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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
bitcoin miners will mine 18 million bitcoins this week, and only the remaining 3 million bitcoins will be released before mining stops in 2140 commentators said at the time that the motivation of hoarding bitcoin came from the curiosity in technology. In view of the current price of BTC / USD, financial incentives reverse the activity of bitcoin hoarding by holders in 2019< br />
however, bitcoin only exists as an investment proct in China, and there is no practical application. There is still a long way to go for the application landing. However, there are a lot of pyramid schemes under the guise of bitcoin in China, so users should be cautious in their investment. If it's bitcoin Xiao, it's suggested to go to bitcoin home www.btc798.com Check the relevant information, study bitcoin, and consider whether to invest.
1 First of all, register Singapore foundation as the main body of the project:
Singapore, with its highly open attitude and loose policies, encourages the booming of the blockchain instry in Singapore. Compared with the domestic and Asian countries that explicitly prohibit ICO, Singapore, with its advantageous geographical location and the communication of Chinese language and culture, as an international financial center, is the best choice for you to do ICO
let's briefly talk about Singapore's policy of opening up to virtual currency: what are the advantages of choosing Singapore foundation as ICO
First of all, Singapore has always been in a friendly attitude towards blockchain projects Secondly, as far as the current Singapore market is concerned, most of the world's well-known blockchain projects are located in Singapore, which is already a relatively mature and well-known market. Some well-known blockchain platforms such as lightcoin, Biyuan and Weilian have been established in Singapore foundation to issue ICO projects3. After the registration of Singapore foundation, the local licensed lawyers in Singapore can issue relevant legal compliance opinions
how to register Singapore foundation
registration information of Singapore Foundation:
1. Company Name: end with limited / Ltd, and add foundation in the middle
2. Director information: 18 years old or above, no criminal record, at least 2 directors, one of whom is Singaporean or long-term resident in Singapore, and the other has no restrictions on nationality. Provide the registered person's ID card or passport (scanned )
Registered capital: default to S $1 Registered address: local address in Singapore Business scope: software development (consulting), information technology services, it research, etcregistration time: acra's official registration time for non-profit public foundations is 10-25 working days, and the general registration time is about 20 working days
based on the domestic policies of blockchain and ICO projects, choosing to invest in Singapore's blockchain can not only comply with the registration of Singapore foundation company, but also provide legal opinions by Singapore lawyers, which is concive to the legal compliance of blockchain practitioners to issue currency on the exchange. Therefore, it has become the consensus of the instry to invest in Singapore's blockchain, So it's a good choice to set up a foundation in Singapore to be an ICO
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