Bitcoin absenteeism

1.

bitcoin mining is a process that uses computer hardware to calculate the location of bitcoin and obtain it

mining is an incentive process to record data in the bitcoin system. In the bitcoin system, indivial users have the right to pack blocks after calculating a specific hash value by using CPU or GPU to hash

and in order to reward this user for packing blocks, the system will give a certain amount of bitcoin as reward. Because this process is very similar to "mining" in real life, most people call this process mining. In addition to bitcoin, other electronic virtual currencies can also be obtained through mining rewards, such as Ethereum, Monroe and so on

extended data:

mining risk:

1, currency security

the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin

2, system risk

system risk is very common in bitcoin, and the most common one is bifurcation. Bifurcation will lead to a drop in currency price and a sharp drop in mining income. However, many cases show that the forking will benefit the miners, and the forked competitive currency also needs the miners' computing power to complete the minting and trading process. In order to win more miners, the competitive currency will provide more block rewards and handling charges to attract miners. Risk makes miners

2. There are a lot of bitcoin forums, but most of them have no meaning of existence
the following are several well-known bitcoin forums
domestic:
Avalon official forum: it mainly discusses Avalon mining machine, and Avalon will also timely announce the latest news and progress of Avalon mining machine
bitcoin house: a comprehensive bitcoin forum. Bitcoin house is not only a forum but also an information station. You can not only participate in the discussion and interaction, but also view the latest instry information of bitcoin
foreign:
bitcointalk is the largest bitcoin Instry Forum in the world. Some instries will make complaints about it.
reddit bitcoin area, equivalent to China's internet post bar, is more active and has less restrictions on posting.

3. Bitcoin is a scam. Many people say that bitcoin is a game of pyramid selling and drumming, which proves that those people still have a little insight, a little vision and a little intelligence, but they don't see the final truth after the truth of the matter!!! If you want to enter the market to speculate in bitcoin, what is the biggest benefit? Ha ha, the answer is unexpected! yes! Yes, Intel, NVIDIA and AMD make the most money! You want to fry bitcoin, you want to mine! So what do you need? yes! It's equipment! You see, because some stupid people believe this kind of nonsense, Intel NVIDIA and AMD's CPUs and graphics cards are the most popular in recent years, and they also drive the mining machine and motherboard and so on! Amd even turned over the counter attack with the money from mining! When you wake up, other people's graphics processors are sold out. No matter whether you take over the disk or not, the big three have already got the money! Top up my answer! Let more people know the super truth after the truth! Who am I? I am the emperor of truth!

5. Mining investment is large and the income is objective, but bitcoin is a virtual currency, and the price of bitcoin also fluctuates, so investment should be cautious.

6. Bitcoin is a kind of virtual currency, which is generated by a large number of complex computer calculations. As long as there is a computer, it can dig its own mines, thus procing various "mines" and "miners". However, the final number of bitcoin is fixed, up to 21 million. It is said that this number will not be reached before 2140. Moreover, the equations will be more and more difficult, the calculation time will be longer and longer, and the money g out will be less and less, so the difficulty of mining will only be greater and greater. Many mines are digging 24 hours a day, and the money g in the end is not enough to pay the electricity bill...