Bitcoin mine disaster in China

1.

It was in 2017 that China announced that bitcoin trading was not allowed in China. Overnight, all exchanges withdrew from the Chinese market. Because of this news, bitcoin once plummeted. This is the general 94 event

e to the decentralized programming adopted by the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million

in other words, the bitcoin system can be self-sufficient, resist inflation through coding, and prevent others from destroying these codes

expansion data:

bitcoin price bubble exists, it is a problem that need not be discussed. Whether from the increase or from the value of the currency itself, bitcoin is bubbly. p>

its so-called advantages, such as scarcity, fidelity, strong liquidity, transparency and decentralization, are just the cover of speculation, which can not support its roller coaster like rise. Today's slump is telling

2. Most businessmen and speculators are always interested in things that can be turned into money immediately. Bitcoin is one of them. The specialization of ASIC chips leads to the market separation between bitcoin mining and other Shanzhai coin mining
when the vast majority of video card mining machines and CPU mining machines are in a mine disaster, bitcoin mining with ASIC mining machines will not be affected. As the first big man in the virtual currency circle, bitcoin has become a deep-rooted belief in the coin circle. The total number of 21 million bitcoins also determines the transaction type and value-added of bitcoin
although bitcoin has begun to be recognized by most people, it has not really replaced the world's currency to fulfill its original intention, but it has become a collection beyond gold. The inflation of money, the rection of the total amount of mining and the increasing difficulty of mining all determine its future market prospects. The value-added has been firmly established, so people will rush to dig for mines, Because the bitcoin is actually worth more than gold

3.

Mine disaster refers to the accident in the process of mining, which usually causes great risk of casualties. At least thousands of people die in mine disaster every year in the world. The common mine disasters include: gas explosion, coal st explosion, gas outburst, water leakage accident, mine fire, roof collapse, etc. In 2003, China proced about 35% of the world's coal, but accounted for about 80% of the deaths in coal mine accidents

China is a big coal procing country, a country heavily dependent on coal energy, and also a country with mining disasters. The main causes of the mine disaster are illegal mining, proction errors, equipment aging and faults. Each mine accident shows that solving these problems needs the unified coordination of all levels of departments. Only by constantly strengthening the management of mining, can the occurrence of mine accidents be effectively reced

It is a serious disaster in coal mine proction that gas is mixed with air, oxidizes rapidly at high temperature and proces shock wave. In 1675, a large-scale gas explosion occurred in Mostyn coal mine in England. Since then, major gas or gas and coal st explosion accidents have occurred many times in major coal mining countries. On April 26, 1942, a gas and coal st explosion occurred in Benxi Coal Mine, China, which was occupied by Japan. 1528 people died and 268 people were injured on the spot. It was the largest coal mine explosion in the world. With the development of coal mine proction technology and the improvement of gas control measures, such accidents have been graally reced

the main fire sources of gas explosion in China's coal mines are electric spark and blasting, and the main place of occurrence is mining face. The instantaneous temperature of coal mine gas explosion can reach 1850 ~ 2650 ℃, and the pressure can reach 9 times of the initial pressure. The gas near the explosion source impacts outward at a speed of several hundred meters per second, causing casualties and damage to the roadway and equipment. After the explosion, the oxygen concentration decreases and a large amount of CO2 and Co are generated, which may cause asphyxiation and poisoning

4. According to the information published at present, it is difficult to determine whether the British Tek is a pyramid scheme or not, or there is no authoritative conclusion. If you need to know more, you can call 110 and ask the public security organ for screening or verification
the investigation conclusions of public security organs are the most authoritative.

5.

Guangshun North Street --- route of Beijing entry exit inspection and Quarantine Bureau:

bus route: No.682, the whole journey is about 11.5 km

1. Walk about 10 meters from Guangshun North Street to Wangjing Garden West Station

2. Take No.682, pass 19 stops, and reach tianshuiyuan Beili station

3. Walk about 100 meters, Arrival at Beijing entry exit inspection and quarantine bureau address: No.6, tianshuiyuan street, Chaoyang District, Beijing City; 117 road; 419 road; 502 road; 621 road; 635 road; 682 road; 729 road; 973 road; 976 road; 984 road; 985 road; 988 road

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6. Disease analysis: 22-year-old female, disease description (onset time, main symptoms, etc.): laboratory: (1) high total protein (82.4) (2) albumin Low globulin (1.3) (3) high red blood cells (5.18) (4) percentage of lymphocytes (43.3) (5) low average hemoglobin concentration of red blood cells (320) hyperplasia of mammary glands in fatty liver, Regular review is required.

7. Before this year's BTC proction rection, bitcoin will cause a mine disaster when it is around $3500. After the proction rection, because the proction is halved, theoretically, the electricity cost will be doubled, so the price of the mine disaster after the proction rection will be higher than this point. Mining is becoming more and more difficult. At present, the quickest way is to go to okex exchange to buy directly. Thank you for accepting my answer

8. Since the Chinese mainland announced that it would close the bitcoin trading at the end of October, bitcoin prices have experienced a roller coaster market. It once dropped to about 25000 yuan in September, and then rose to nearly 40000 yuan in October, which seems to show its tenacious vitality< However, this high price is very fragile
Chinese mainland bitcoin game player has been transferred to Hongkong after a lot of closes. The exchange can be used as futures by some exchanges, which is about 10-20 times of leverage. Combined with the over-the-counter trading, even after the "outbreak", the trading volume is only 1 / 100 of the previous on-the-spot trading volume. It can be seen that the number of players participating in bitcoin trading has been greatly reced, and a few speculators have managed to maintain the bitcoin price with the help of leverage< However, it is hard to imagine that these speculators are totally supported by free funds. Considering the borrowing cost of funds, the fact that the world has entered a cycle of monetary tightening, and the increasing attention paid by more and more countries to the risk of speculating in digital assets, regulatory policies will become more and more intensive. I am afraid that this kind of high price without foundation will not last for too long. Could it be that a few early hoarders deliberately made the game in order to find the receiver? It's not impossible
on the other hand, the official digital currency is also under intensive preparation. In fact, since the second half of 2016, there has been more and more discussion on official legal digital currency in China. In September 2017, China Banknote Printing and Minting Corporation also set up a blockchain Research Institute to track and study digital currency technology, which is generally regarded as a precursor for the Chinese government to accelerate the research and launch of digital currency. China is likely to be the first country to issue official legal digital currency
of course, this process will not be achieved overnight, and the final proct will be quite different from digital assets such as bitcoin, which is more like a digital legal currency based on cryptography. Now the suspense is whether the settlement mode of this new legal digital currency is real-time Centralized Settlement similar to the current online banking mode, or offline point-to-point settlement. If it is the latter, the application prospect will be broader, and the use may be more comprehensive
in the final analysis, money is the medium of transaction and the means of storing wealth, and its essence is the embodiment of credit. Therefore, in order to play the role of money in a long period of time, this medium must have considerable credit. At present and in the foreseeable future, the strongest credit still comes from the powerful means of the government. If someone takes out the golden yuan certificate in the period of the Republic of China, it can only be called antique
therefore, in the long run, I am not optimistic about privately issued currencies. In particular, bitcoin has a logic defect in the underlying design that is difficult to last. So now we see the phenomenon of "capacity expansion", and every time this "correction" is harmful to its credit
however, even if bitcoin and other private digital currencies can not become the mainstream, blockchain technology has great potential. For example, digital property certification. We can imagine that in the rental market, if the law forces the landlord or intermediary to show the ownership certificate of the house with official or third-party certification and based on blockchain technology before renting the house, then the problem of fake houses will be much less
on this basis, it can also make remote online mortgage and transaction possible. The digitization of assets will make the transaction more convenient, which can be applied in many fields, and even for direct international transactions, such as long-distance mortgage and transaction of bulk commodities, futures and valuables (real estate, jewelry, antiques, art, etc.)
of course, all these also need supporting laws. Only when there are clear precedents, can it play a role in the future property rights protection based on blockchain and build up public confidence in it“ "From zero to one" will be very slow, but once it breaks through the critical value, with the first person to eat crabs, then "from one to ten thousand" will be completed quickly
in addition, cooperation between countries is also indispensable to expand the scope of application. Digital technology is inherently easy to spread across regions and international. When the new technology has accumulated and pieced together the required jigsaw puzzle, the breakthrough from quantity to quality is only the last layer of window paper. The breakthrough is inevitable. The chance is just who will finish it. Everyone is running like crazy, but history will only remember the first one who crossed the finish line
as a new thing, the application scope and depth of blockchain still need to be explored, just as at the beginning of the birth of electric power, people don't know its use. However, with the integration of human behavior with Internet and digital technology becoming more and more in-depth, the prospect of cryptography technology similar to blockchain must be unlimited.

9. Characteristics of fund-raising: 1. Fund raising without the approval of relevant departments in accordance with the law, including the approval of departments without approval authority; The departments that have the authority to examine and approve cross provincial illegal fund-raising exceed their authority to approve fund-raising, that is, the fund raiser does not have the subject qualification of fund-raising. 2. Promise to repay the principal and interest to the investor within a certain period of time. Besides currency, there are also physical and other forms of debt service. 3、 Raise money from people who are not specific to society. Here, the "unspecific target" refers to the public, not the specific minority. 4、 To cover up the essence of illegal fund-raising in legal form. In order to cover up their illegal purposes, criminals often sign contracts with investors (victims), disguise as normal proction and operation activities, and maximize their ultimate purpose of obtaining funds by fraud. If the above four conditions are met at the same time, it constitutes illegal fund-raising.

10. Not yet, but if there are more and more people mining bitcoin, the difficulty of mining will increase, and the number of bitcoin that can be mined will be less and less.