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Bitcoin is a waste of resources

Publish: 2021-04-16 06:55:46
1.

Although many countries do not recognize the value and status of bitcoin, bitcoin is still popular in recent years, and its existence is controversial. Some people say that it has no practical significance, just a number. If it is not officially recognized by the world, mining is a constant waste of energy. Some people say & lt; No one can be sure whether bitcoin is a black horse or not


in fact, bitcoin is calculated and proced through computer networking, also known as mining. At the beginning, there was a personal computer to dig, but the efficiency was relatively low, and the cost of graphics card was low. Then there was a special bitcoin mining machine, ranging from several hundred to two or three hundred thousand yuan


when we talk about bitcoin, we naturally need blockchain because of the blockchain, bitcoin can become bitcoin. It is a secure general ledger for all payments and transactions. It can be said that everyone can contribute to the update. We need to solve a very complex mathematical problem by brute force& mdash; Hash algorithm to complete a block

many people want to know the value of a bitcoin. In fact, the price of bitcoin is changing all the time. We need to check the figures of that day. At present, the price of a bitcoin is less than 30000

2. Bitcoin is just based on a special algorithm. The total amount of bitcoin is only so much, and it will not exceed this value. It's expensive because of scarcity. So many people are speculating, and the risk is also very high. Without national credit as a guarantee, we can't find it now, and it's not enough for electricity! QQ currency is the virtual currency of RMB exchange, with RMB as the guarantee. Of course, TX company can also increase the exchange ratio, but relatively speaking, it is still guaranteed
3. 1、 Bitcoin is an experimental currency, and the consensus of core members is that bitcoin is only a virtual experimental currency
its existence value is to prove whether money must have value or only need a currency symbol
if it survives and can always be used as a trading chip, it can be proved that money does not need physical value, just a reasonable currency symbol
if it can't survive, then the money must have a certain physical value
Second, bitcoin is obtained by calculating the results of mathematical problems. I think you can pay for bitcoin to get an answer to a math problem. You know, computing resources are valuable, and many people don't realize it.
4. Bitcoin is the first application on the blockchain and the most classic representative of digital currency. Bitcoin proposes a P2P form of decentralized management and payment system, which is well known by the world. However, with the development of the times, the first generation blockchain still has the congenital defects of slow data processing speed and high data rendancy. Bitcoin is still not suitable for the application scenarios in daily life. The current digital currency mostly imitates the technical mode of bitcoin, which is called "one generation coin"

ACC is the local currency of assets, which is the representative of the typical "second token". It is an asset token based on the application of blockchain technology in order to realize the value transfer within the scope of application. ACC is based on the application of digital assets. ACC is used as fuel for the issuance, transfer and voting of digital assets. Its operation mechanism is the balance between currency pool and asset pool, that is, when assets enter the pool, currency will be released. This strict standard system anchored with asset portfolio is a great progress in the application of blockchain.
5.

if bitcoin is not put into actual use, it may be a waste of resources according to media reports, a research institute report shows that bitcoin consumes a lot of power resources every year. If we consider the power consumption of bitcoin mining in the latest year as a country, the annual power consumption of bitcoin has exceeded that of the Netherlands and the United Arab Emirates. If all the British hot water pots are powered on, it can last 27 years. According to the introction of professionals, bitcoin needs continuous computer calculation to obtain new blocks, and because the total amount of bitcoin is fixed, it needs more power calculation in the future to win bitcoin, and this process is called mining

6. Because we need to ensure that the transaction records cannot be tampered with at will, if some lawbreakers want to attack bitcoin, they will pay a great price, because they must have enough computing power, which theoretically exceeds 51% of the total network computing power
7. Bitcoin consumes a lot of electricity, but it doesn't take up power resources. At present, China's mines basically use the local surplus electricity that can't be transported. Environmental damage is bullshit. For example, can a computer cause environmental damage? The bitcoin network world is like thousands of computers running.
8. Unknown_Error
9. There is a demand, there is a market, because there is motivation. When you don't need this bitcoin, you ask him to mine, he won't do it.
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