What level of reward is bitcoin promotion
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
extended data
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
It's about 37 yuan
let me first introce the reward mechanism of bitcoin system
bitcoin can basically dig out a block every 10 minutes through system settings. The reward for each block is given to the miners who dig out the block. The miner who digs out the block is called the block miner. The block miner will record the legal transactions in the bitcoin network to the blockchain, so that the miner can receive the service charge for bookkeeping
there are two parts in the reward for the block Miner: one part is the reward given by the system, which is called coinbase reward (also known as system issuance reward), the other part is the reward for bookkeeping, which is called miner's fee. The coinbase reward started with 50 bitcoins. For every integral multiple of 210000 blocks, the coinbase reward will be halved. This is what we often hear about bitcoin mining reward halved in four years
at the present stage, the reward of coinbase is 12.5 bitcoins. At the present stage, the average transaction miner fee received by miners for digging out a block is about 0.1 bitcoin (not fixed), that is to say, the average reward received by miners for digging out a block is about 12.6 bitcoin
about 99% of miners' rewards come from the system's coinbase rewards. According to the bitcoin system, one block can be g out every 10 minutes on average. The number of new blocks that can be g out in one day is 144 (60 * 24 / 10 = 144). At present, the number of bitcoins that can be g out every day is 1800btc (144 * 12.5btc = 1800btc). With the miner's fee of about 0.1btc per block, the total reward for all miners in one day is about 1814.4btc

bitcoin mining is a distributed consensus system that includes the transaction data to be confirmed into the block chain to complete the confirmation of these transactions. By mining, the data in the block chain can be stored in chronological order, the neutrality of bitcoin network can be maintained, and different computers on the bitcoin network are allowed to agree on the system state. To be confirmed, a transaction must be packaged into a block that complies with very strict cryptographic rules and verified through bitcoin network. These rules can prevent the modification of existing blocks, because once there is a change, all blocks will be invalid. Mining is as difficult as winning the lottery. No one can easily and continuously add new blocks to the block chain. Therefore, no one can control what content is included in the block chain or replace part of the content in the block chain to rece their cost. At present, bitcoin mining needs a professional Avalon miner.
With the development of the times and the improvement of people's living standards, more and more people have some spare money and begin to choose to do some investment and financial management projects. Bitcoin, as a virtual currency, appears in front of people. But investment needs to be cautious. High return means high risk. The winding inside is not something that ordinary people can understand and grasp. The story we're talking about today is that we bought 100000 bitcoins ten years ago, and the wealth soared to 7 billion. What's the matter with him now
At the beginning of the rise of digital currency, Li Xiaolai got a glimpse of business opportunities and became a winner in life. Many people will sigh through Li Xiaolai's experience that investment is a high return and high-yield project. But no one knows what Li Xiaolai paid after that. What do you think of this on the screen? Welcome to leave a message in the comment areaby the way, what game do you play?
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I think what you're talking about is that bitcoin is often hung up on the Internet, which I know is divided into different levels. The higher the level, the higher the income and investment. But I feel like it's a hoax. This thing has nothing to do with bitcoin. Their promotion model is suspected of MLM. They told me they were mining, using thousands of computers across the country. If you are in the mixed currency circle, you will understand that ordinary computers can't find bitcoin now, let alone thousands, even tens of thousands of ordinary computers can't find a bitcoin a year. In addition to wasting electricity, there is no profit at all. How can I give you money without profit. Now there are thousands of professional mining machines, which can dig a coin a day. Now the cost of mining is basically higher than the cost. Of course, the electricity charge is free. Now the world's well-known mines have stopped mining because of the sharp drop in currency price
this scam is not very clever, but I don't know why so many people believe it. Of course, some people tell me that I can make a lot of money every day. I want to say that if there is no sweetness, will you do it, will you pull the head, and will you invest more? Some time ago, bitcoin house reported a MLM coin. An aunt was dazzled by huge profits and was cheated by more than 20000 people.
