15 years for stealing electricity to dig bitcoin
at present, the computing power of bitcoin in the whole network has reached 2.36 billion hash collisions per second, which is equivalent to the number of water droplets in more than 200000 50 meter long standard swimming pools. But even with such a large amount of computing power, it will take about 10 minutes to hit a hash value that meets the requirements
in 2012, bitcoin's output was halved for the first time, and in July 2016, bitcoin's output was halved for the second time. At present, 12.5 bitcoins are awarded for recording one page of account book. The next halving will take place around 2020, and the total number of bitcoins will not increase by 2040, with a total of 21 million. In other words, the difficulty of digging bitcoin is increasing, while the time required is increasing
I believe many people have this idea, but in reality, there is no pie in the sky. It's more about getting rich by being down-to-earth. However, there are always exceptions. For example, some people buy lottery tickets or make investments, and the profits are hundreds of times. Today's teacher who was once thought to be a fool is just like this, He was ridiculed for buying 100000 bitcoins at the time. The generation of bitcoin only depends on a specific algorithm, which can be generated after a large number of calculations. Because the total quantity is limited, the extremely scarce bitcoin naturally becomes a direction of investment. After all, the rarity of things is the most expensive
previously, graphics cards were sold out because of the strong purchase of gold miners. The algorithm design of bitcoin is more and more difficult to dig. Therefore, the investment to dig the same bitcoin now is many times higher than a few years ago. Since the "mining" incident in Daqing Oilfield was exposed, the local police have counted the number. The average electricity cost of the mining machine seized is close to 500000 yuan in one month, and if it steals electricity, it is equivalent to making 500000 yuan in vain.
The hero of this story is Li Xiao, an English teacher in a middle school. In the eyes of many people, teachers are teaching knowledge on the platform. Generally, they don't pay attention to stock speculation in the market, and they don't buy financial procts. If they don't have professional financial knowledge to buy stocks, they are taking risks. Li Xiao is very special, he likes to do some exciting games since childhood
when bitcoin was just listed, people were not optimistic about this kind of virtual currency, thinking that it would close down soon and disappear in people's world
conclusion: if we want to make a fortune, we should be down-to-earth and willing to work in our work. We don't have to choose a shortcut. The people who can take the shortcut are all very capable people. As a common people, if we do our own work well, we can also be promoted and become rich. We need to understand that the wealth under the heaven is not so easy to get, we need to make great efforts
It's not against the law
The laws and administrative regulations in China do not prohibit the proction, holding and legal circulation of bitcoin, nor do they prohibit the sale of bitcoin mining machines2. The investment and transaction of "virtual currency" represented by bitcoin are on the rise. For this kind of virtual goods generated in the Internet environment after the development of Internet technology, there are policy and commercial risks in related transactions. However, under the premise of not violating the mandatory provisions of laws and administrative regulations, the contract signed by the parties is a valid contract
3. Bitcoin is generated by "miner" and "mining", and "miner" can be assumed by anyone in any place in the world. "Mining" is a process in which "miner" provides certain computer computing power according to the open source software provided by the designer, and obtains the special solution of the equation through complex mathematical operations, The miner who gets the special solution gets a certain amount of bitcoin reward
Because bitcoin is based on workload proof, it is related to computing power. To have computing power, we need to consume power, so its power consumption is very large. It is precisely because of such a large power consumption that the safe and stable operation of bitcoin system can be guaranteed
extended information:
according to the data of btc.com website, up to now, the computing power of the whole bitcoin network is about 51.65 eh / s, which is equivalent to 1.84 million bitcoin S15 (28T computing power, 1596w power) mining machines in operation, and the daily power consumption is about 69.92 million kwh. Divided by the current proction of 1800 bitcoins per day, excluding other costs, each bitcoin will consume 38800 kwh of electricity. "
from this point of view, although the current price of bitcoin is expensive, the cryptocurrency market website coinmarketcap.com shows that the current unit price is about $7900, but the cost of mining a bitcoin is not low at all
in the notice of the people's Bank of China
Ministry of instry and information technology
China Banking Regulatory Commission
China Securities Regulatory Commission
China Insurance Regulatory Commission on risk prevention of bitcoin (Yin Fa [2013] No. 289), in addition to clarifying the attributes of bitcoin as a network virtual commodity, the notice mainly specifies the following contents:
first, the, It is clearly required that all financial institutions and Payment institutions at this stage shall not carry out business related to bitcoin, price procts or services with bitcoin, buy or sell bitcoin as central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability
Second, Internet sites that explicitly require bitcoin registration, trading and other services should be filed with the telecommunications regulatory authorities, and earnestly perform the anti money laundering obligations, identify users' identities, and report suspicious transactions
thirdly, relevant departments, financial institutions and Payment institutions are required to correctly use the concept of money in their daily work, pay attention to strengthening the ecation of the public's knowledge of money, and incorporate the concepts of correct understanding of money, correct treatment of virtual goods and virtual money, rational investment, reasonable control of investment risks, and maintenance of their own property security into the content of financial knowledge popularization activities, To guide the public to establish a correct concept of money and investment
extended information:
the notice requires that at this stage, all financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin as a central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, and shall not directly or indirectly provide customers with other services related to bitcoin
including bitcoin registration, trading, clearing, settlement and other services for customers; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc
according to the notice, bitcoin Internet sites, as the main trading platform of bitcoin, should be put on record in the telecommunications regulatory agency in accordance with the provisions of the Telecommunications Regulations of the people's Republic of China and the measures for the administration of Internet information services
at the same time, in view of bitcoin's high risk of money laundering and being used by criminals, the circular requires relevant institutions to earnestly perform legal anti money laundering obligations such as customer identification and suspicious transaction report in accordance with the requirements of anti money laundering law of the people's Republic of China, so as to effectively guard against bitcoin related money laundering risks
source of reference materials:
five ministries and commissions including the people's Bank of China and the government of China issued the notice on preventing bitcoin risk
five ministries and commissions including the China securities regulatory network and the central bank issued the notice on preventing bitcoin risk
Everybody, this topic is very good. First of all, it refers to the topics that ordinary people like to see and hear and often discuss. It is a hot topic in society. It is more grounded and resonates with everyone. Secondly, this problem has the nature of science popularization. As we all know, as a writer, his ties are mainly in three aspects: first, to expound the facts, clarify the fallacies, lead the public opinion, and play the role of speaking for the public and shouting for justice; Second, writers should promote correct value orientation and positive energy. Thirdly, and most importantly, writers should realize that they have the responsibility of preaching and dispelling doubts. It is our ty to do a good job in popular science for the people
In the past few years, he has more and more bitcoin. If the price of bitcoin starts to rise, Li Xiaolai will be a rich man. Sure enough, seven years later, the price of bitcoin rose tens of millions of times, which also made Li Xiaolai very happy. A bitcoin has great value, which also surprised the people who prevented him from buying it. Li Xiaolai, who has 100000 bitcoins, is a rich man. After a while, Li Xiaolai became the richest man of bitcoin in China. Later, Li Xiaolai set up a bitcoin fund to invest in the Internet. In addition, Li Xiaolai also attached great importance to the development of philanthropy. During the Lushan earthquake, he helped people rebuild the disaster area. Although Li Xiaolai has been rich, he still doesn't give up learning and improving himself. This is what a successful person should look likeAccording to reports, in April this year, Hanshan county power supply company found that the line loss of a section of high-voltage line in Lintou town of Hanshan County suddenly increased, nearly 10 times higher than the normal value. After section by section investigation, the line loss finally pointed to an abandoned factory in Lintou town
it is reported that after verification by the electric power department, Ma madly stole nearly 150000 kwh of electricity in more than one month. Ma was detained for theft. The case is under further investigation