Bitcoin is over

1. After bitcoin is mined out, bitcoin mining will continue to exist as an infrastructure
mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network. This process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary
bitcoin mining is different from other counterfeit currencies such as Ruitai coin and qianjinka. Bitcoin needs to mine to ensure the normal operation of bitcoin.

2. Who told you that bitcoin will soon be divided up? Besides, blockchain bitcoin is not a single value function. If you participate in it, you can also save distributed account books. This is not measured by value, and it will make the blockchain era in the future. If you have the strength, I suggest you participate in the proct of the era. Ha ha

3.

Since 2020, bitcoin has become one of the best performing risk assets in all markets. At present, bitcoin has temporarily exceeded the historical peak of 24000 US dollars. Many investors are asking me about bitcoin. Is bitcoin really worth investing in

first of all, it needs to be clarified that the bitcoin investment I am talking about here is a wholly-owned purchase of bitcoin assets, not a leveraged investment

can bitcoin be invested? Should ordinary people buy some bitcoin

in fact, I don't recommend that general investors invest in bitcoin, but it doesn't mean absolutely not

as I said just now, a wholly-owned purchase of bitcoin assets can actually balance risk and return. If ordinary investors have tens of thousands of idle assets in their hands and can accept high-risk investment psychologically, that is to say, even if they lose tens of thousands of yuan completely, they can accept it in their hearts, then there is no problem in charging high returns by investing in bitcoin

the current price of bitcoin is the highest level in history, but this does not mean that bitcoin has no investment space. According to the general estimation, bitcoin will reach the highest level in the future. The value between us $300000 and US $500000, that is to say, even if bitcoin has a significant decline in the short term in the future, the value potential of the investment in the long term is also acceptable

in the short term, although it is generally believed that the fair price of bitcoin will reach about US $10000 to US $12000 after the global central bank's release of water, the current price is also overvalued, which means that bitcoin will decline significantly after a period of time, but it will continue to rise e to the market sentiment before returning to the apartment price, It's likely to challenge $30000

after all, before 2020, the fair price of bitcoin was about $6000, but in 2017, it also challenged nearly $20000

to sum up, if you can accept high-risk investment and have idle money that you don't care to lose, then wholly-owned investment in bitcoin is a choice of asset allocation

4. Bitcoin has fallen 80% this year, and the profit has fled, so it is difficult for big funds to enter. I hope you can look for other ways of investment. It's better for bitcoin not to intervene in the near future.

5. If you can't afford it, don't buy it. What can you do

6. The bitcoin system adjusts the difficulty coefficient to ensure that bitcoin will not be g up too quickly
every 10 minutes, the miners of the whole network work together to solve a problem and compete for bookkeeping rights and bitcoin rewards. If the computing power of the whole network continues to grow, bitcoin will soon be g out
in order to ensure the stability of bitcoin and dig out a block in about 10 minutes, Nakamoto Tsung designed that the difficulty of getting bitcoin from miners' mining should be dynamically adjusted every 2016 blocks (about 2 weeks). After the adjustment, the expected time for each block to be generated is 10 minutes
the current difficulty coefficient is about 480ph / s, which is about 68 billion times that of Genesis block. In other words, with the current computing power, the miners in the whole network need to go through about 300 trillion hash operations to find a qualified answer and generate a new block.

7. According to the relevant literature of bitcoin, in 2140, 2100 bitcoins will be proced and will not grow. According to the principle of bitcoin, after 33 halving periods, the mining output of each block will reach 0.58 Cong, less than the minimum unit of one Cong. The interval of each half rection is 210000 blocks, and the total proction time (2140 years) given in the above literature is calculated from the proction time of each block of 10 minutes 210000 * 10 / 60 / 24 / 365 = 3.9954 * 33 = 132 years. Since 2008, 132 years later, it is 2140 years)
however, it is an ideal state that the "proction time of each block is 10 minutes" used in the above calculation method, which is only true when the computing power and difficulty of the whole network do not change. Looking at the bitcoin blockchain, it is not difficult to find that bitcoin's whole network computing power has been growing for a long time, and the difficulty of mining has also increased. Therefore, it is not difficult to find out that the above calculation is not tenable and there is a huge error.

8. When all bitcoins are mined, miners will no longer receive block rewards because there are no more coins to generate. They will only collect revenue from transaction fees from each confirmed transaction. Miners can continue to secure their networks, as they will still earn from the above fees.