How many bitcoins does Li zuolai have
There are only 21 million bitcoins
"graphics card mining" is a joke. In fact, it is running a specific algorithm to generate bitcoin through a large number of calculations
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extended materials:
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency 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. 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 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items
on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that the relevant authorities would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees
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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bitcoin is used for graphics card mining. It used to be OK, but now there is almost no profit from using graphics card mining. Of course, if your electricity is free, it's OK. The graphics card mining you mentioned is the second stage of bitcoin mining. The first stage is mining with CPU, which is an ordinary computer. The second stage is the graphics card mining you mentioned, commonly known as burning graphics card. At present, it has entered the third stage of ASIC mining machine mining stage. In this stage, the computing power is very high, the mining income is very low, and the mining cost is almost close to or even more than the currency price. At present, the profit of large-scale mining mainly depends on the energy consumption of mining machine and the advantage of electricity price.
bitcoin, the most famous digital virtual currency in the world, was released on January 3, 2009. Bitcoin will be generated through a large number of calculations according to its own special algorithm. Bitcoin network will release a certain amount of bitcoin every ten minutes. Users can get bitcoin through their own machines and equipment. This process is called "mining". According to the current mining efficiency, it will reach the upper limit in 2140.
the two definitions have slightly different emphases. The scope of electronic currency is determined by the form of storage, while the "virtual" of virtual currency focuses more on "unregulated" and "virtual community". Therefore, according to the two dimensions of storage form and issuing body, there are different ways to classify e-money. From the perspective of issuers, this paper classifies e-money into three categories: the electronic form of traditional money, centralized e-money and decentralized e-money
the electronic form of traditional currency is most well known and widely used, including savings card, credit card, e-bank account, third-party payment, and other forms of electronic value accounting in traditional currency units. Among them, the savings card is equivalent to a check deposit or current deposit electronic account that provides the service of deposit and withdrawal at any time and payment by credit card. When a savings card is used for payment and settlement, the funds are transferred from the cardholder's account to the payee's account and do not flow out of the banking system. Credit card is a kind of credit payment, the balance of the cardholder's credit account is usually zero or negative. When the cardholder withdraws and consumes the money through the credit card, the issuing bank first advances the money, and then the cardholder completes the repayment within a certain period of time. Compared with bank card, Internet banking and third-party payment break away from the dependence on card media, and complete a series of functions of currency with the help of Internet information system and cryptography design. The above forms of electronic payment do not directly change the credit source of the money in the account, but have a certain impact on the cost structure, risk factors and the structure of money demand of the monetary system
the existing centralized e-money can be divided into closed system and one-way flow currency. The typical representative of closed system currency is online game currency. Game players use game currency to buy game props in the community, but game currency cannot be used and exchanged outside the community. One way currency refers to the electronic currency that can be exchanged directly through traditional currency. This kind of currency can also be used to complete transactions in virtual communities, such as Q currency. From the source of credit, the central currency can be regarded as a kind of commercial credit, and its monetary value depends on the credit rating, operation status and profit expectation of the issuers
decentralized e-money refers to the e-money without the credit support of specific issuers. In the existing examples, bitcoin is "issued" by all indivials and institutions participating in the operation of bitcoin algorithm through P2P network nodes. Therefore, the number and speed of bitcoin proction are jointly determined by the algorithm design and the number of people participating in the algorithm operation. Although the definition of virtual currency in the report of the European Central Bank contains the description of "unregulated", the reality is that bitcoin is still regulated by monetary authorities. Compared with the electronic currency mentioned above, the anonymity of bitcoin is more prominent, which is closer to cash.