How to buy BTC computing power
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
At present, there are two ways to buy bitcoin. One is to buy stable currency usdt first, and then buy bitcoin through stable currency; The other is to buy bitcoin directly through the exchange of legal currency and RMB
there are two ways to buy bitcoin, one is floor trading, the other is OTC trading; Floor trading refers to trading through formal trading platforms, such as coin an trading website, which needs to charge a certain handling fee and has no trading risk. OTC trading, which can be understood as private trading, skips the third-party guarantee, but the risk is high
extended data:
there are two ways to obtain bitcoin, one is through purchase, the other is through mining. Here is mainly about mining to obtain bitcoin. As we all know, bitcoin is generated through Internet algorithm, so mining bitcoin must also be obtained through software calculation. From the discovery of bitcoin to the present, mining bitcoin has undergone four evolutions, from personal computer mining at the beginning, to professional mining machines, to mining factories, and now in the bitcoin mine pool
every mining upgrade is an improvement of computing power, which also indicates the difficulty of obtaining bitcoin. Therefore, if you want to obtain bitcoin personally, the best way is to purchase it through the bitcoin website
purchase process:
you need to download 58coin app, or log in to the website and purchase according to the page prompts. The whole process is as follows: use usdt to purchase power procts - generate revenue the next day - release revenue on the third day, and the futures order is subject to the revenue date
cost Description:
1. Cost composition: calculation fee + electricity fee + management fee + operation and maintenance fee
2. Electricity fee: calculation power consumption * 24 hours * electricity price 0.38 yuan / kWh
3. Management fee: 6.00% of mining output is collected as management fee
4. Operation and maintenance fee: Calculation power consumption * 24 hours * operation and maintenance fee (0.07 yuan / kWh)
usdt is used to pay calculation power fee when purchasing, and electricity fee, management fee and operation and maintenance fee will be converted from daily income, In the form of BTC
income settlement:
1. Income distribution will be calculated using PPS theoretical income, and the income generated by computing power will be released to bit computing power account in the form of BTC every day
2. The estimated revenue is calculated from the actual operation of the digital asset network and will change dynamically for reference only. The theoretical revenue of the day's computing power can refer to the ant mine. After decting the electricity fee, custody fee and operation and maintenance fee, it is the daily net revenue
Proct termination:
1. Cloud computing power business with a fixed cycle will be terminated upon expiration
2. Perpetual computing power is a one-time buyout, which is theoretically held permanently. If the mining income can not cover the electricity, management, operation and maintenance costs for 90 consecutive days, the service will be terminated, and the user has no ownership of the mining machine
risk tips:
1. The price of digital assets often fluctuates greatly, and the mining difficulty of each currency will be adjusted regularly. If the currency price falls or the difficulty rises, the revenue of each mining contract will decrease. No matter from the perspective of digital assets or legal currency, this service does not guarantee that users can recover the capital. Users need to carefully assess their risk tolerance and invest in digital asset mining within acceptable risk control scope
2. Risk of force majeure and accidents: natural disasters, digital currency market crisis, war, equipment failure, communication failure, power failure, or changes in national policies and other unforeseeable, unavoidable and insurmountable force majeure events may lead to the termination of the trusteeship, the rection of investment income and even the loss of principal. The platform shall not bear any responsibility
3. The power cost and management fee may fluctuate e to the national policy, the actual situation of the mine and the change of the power cost. The platform will reserve the right to adjust the power fee and management fee.
It's not against the law
The laws and administrative regulations in China do not prohibit the proction, holding and legal circulation of bitcoin, nor do they prohibit the sale of bitcoin mining machines2. The investment and transaction of "virtual currency" represented by bitcoin are on the rise. For this kind of virtual goods generated in the Internet environment after the development of Internet technology, there are policy and commercial risks in related transactions. However, under the premise of not violating the mandatory provisions of laws and administrative regulations, the contract signed by the parties is a valid contract
3. Bitcoin is generated by "miner" and "mining", and "miner" can be assumed by anyone in any place in the world. "Mining" is a process in which "miner" provides certain computer computing power according to the open source software provided by the designer, and obtains the special solution of the equation through complex mathematical operations, The miner who gets the special solution gets a certain amount of bitcoin reward
Because bitcoin is based on workload proof, it is related to computing power. To have computing power, we need to consume power, so its power consumption is very large. It is precisely because of such a large power consumption that the safe and stable operation of bitcoin system can be guaranteed
extended information:
according to the data of btc.com website, up to now, the computing power of the whole bitcoin network is about 51.65 eh / s, which is equivalent to 1.84 million bitcoin S15 (28T computing power, 1596w power) mining machines in operation, and the daily power consumption is about 69.92 million kwh. Divided by the current proction of 1800 bitcoins per day, excluding other costs, each bitcoin will consume 38800 kwh of electricity. "
from this point of view, although the current price of bitcoin is expensive, the cryptocurrency market website coinmarketcap.com shows that the current unit price is about $7900, but the cost of mining a bitcoin is not low at all
