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Have 21 million bitcoins been dug up

Publish: 2021-04-17 04:01:56
1. 1. According to the bitcoin mining mechanism, it will eventually be infinitely close to 21 million, but it will never be reached
it can be roughly understood as the relationship between 0.9 (9 infinite cycle) and 1
2. Even if there is only one bitcoin left in the world, it means that there are 1000 0.1 bitcoins and 100000 0.01 bitcoins in the world
let's assume that the function of bitcoin is equivalent to that of gold as a currency anchor (in fact, it also has this function). You will understand that there are 21 million bitcoins in the world and only 0.1 bitcoins in the world are the same. The currency itself or bitcoin

for example, if the number of bitcoin in the world is reced to one tenth, the market price of bitcoin should be 400000 yuan (to understand this needs a certain economic basis)

so whether bitcoin is in circulation or not has nothing to do with the quantity.
2. It is recommended not to participate in investment,

this kind of virtual currency is not a digital currency recognized by the central bank,

it is not protected by law,

the corresponding platform may collapse or run away at any time.
3.
  1. it is estimated that 21 million pieces will be excavated in 2140

  2. according to the relevant literature of bitcoin, in 2140, 2100 bitcoins will be proced and will not grow any more. 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, the "proction time of each block is 10 minutes" used in the above calculation method is an ideal state, 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


    the shortcomings of the above methods are that they can not accurately predict the change of bitcoin network computing power and the mining speed of bitcoin. The 11.3-day data used in the above calculation method is only the average value from May 2013 to April 5, 2014, and the representativeness is questionable. We can integrate the results of big data analysis and mining machine proction to establish a more accurate mathematical model

4.

bitcoin miners will mine 18 million bitcoins this week, and only the remaining 3 million bitcoins will be released before mining stops in 2140

commentators said at the time that the motivation of hoarding bitcoin came from the curiosity in technology. In view of the current price of BTC / USD, financial incentives reverse the activity of bitcoin hoarding by holders in 2019< br />

5. The concept of smart contract can be summarized as:
a piece of code
(smart contract), which is deployed on the shared and copied
ledger
to maintain its own state, control its own assets and respond to the received
external information
or assets. Smart contract, in short, is a set of commitments defined in digital form, including agreements on which contract participants can implement these commitments.
6. It's the second one. According to the previous block information, root node information, real-time mining time, difficulty and random value, the random string is generated by twice hash256 algorithm calculation, and is allocated and recorded when the verification is passed.
7.

As a popular new currency, it is publicly prohibited in many countries, but there are still unfair transactions in some countries, including Tesla's bitcoin gene exchange. In a few hours, the 18 millionth bitcoin will be mined, which is also the first cryptocurrency in the world. It's a step up to 20 million{ RRRRR}

one of the difficulties for the current global graphics card is caused by bitcoin, because many bitcoin mine owners used to mine it to obtain benefits., As a result, they buy a lot of equipment, including a lot of electricity, to dig, which is a blow to a global instry

8. Because there are limits to this game. It seems that it will be 2020
9.

No, mining, as the cornerstone of blockchain development, is impossible for miners to disappear. Not all of them are digging for bitcoin now. Many people are digging for Monroe and Ethereum, with high profits

recently, I'm using the two currencies of ha Yu miner to earn a pack of cigarettes every day

10. When the global financial crisis broke out in 2008, someone published a paper under the pseudonym of "Nakamoto Tsung", describing the mode of bitcoin. Compared with legal tender, bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone can participate in the manufacture of bitcoin, and it can circulate all over the world. It can be bought and sold on any computer connected to the Internet. No matter where they are, anyone can dig, buy, sell or collect bitcoin, And in the transaction process, foreigners can not identify the user's identity information. In 2009, bitcoin, which is not controlled by the central bank and any financial institutions, was born. Bitcoin is a kind of "electronic currency", which is composed of a series of complex codes generated by computer. New bitcoin is manufactured through preset programs. With the increase of the total amount of bitcoin, the speed of new coin manufacturing slows down until it reaches the maximum amount of 21 million.
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