Bitcoin will make money
mining as a miner
to be a miner is to proce bitcoin with one's own computer. In the early days, there was the option of mining in the client, but now it has been cancelled. The reason is very simple. With more and more people participating in mining, it may take several years for one person to dig for 50 coins, so now miners generally organize into miners' Guild, Let's dig together. Specific mining methods, you can go online search
buy as a businessman
as a businessman, you can use money to buy coins g up by miners, set up an online shop to sell things and collect bitcoin, and even go to the exchange to speculate in coins. Now there are many websites providing bitcoin exchange services, which can be converted into almost any kind of currency. If you really don't know how to exchange, you can also come to laoan for help
the difficulty of bitcoin mining is directly proportional to the amount of money that has been mined. The more difficult it is to mine, the more difficult it will be. After 20 million bitcoins are mined out in 2030, the remaining 1 million bitcoins will probably take decades to be mined out. And bitcoin has no central issuing authority, which is generated by network nodes through complex calculations. Anyone can run bitcoin software on a computer to make it. During circulation, enter the quantity 1 on the client software, then come to the other party's bitcoin address and sign with the payer's password. After that, the bitcoin is the other party's.
- - talking about the mining cost of bitcoin -
the first thing to consider is the cost if you want to make money. If the profit is greater than the cost, it is worth doing. We all know how much bitcoin costs, so let's calculate the cost
1. Mining machine cost: the "number" of bitcoin is a problem-solving process, which can't be calculated by human brain alone. Therefore, mining people need to buy mining machines and keep calculating. The more mining machines, the stronger the computing power
2. Electricity charges: mining machines are big consumers of high power. How much electricity does it consume? Let's put it this way. At present, the electricity consumption of bitcoin and Ethereum mining has surpassed Jordan, Iceland, Libya and other small countries, ranking 71st among all countries and regions in the world. You want to cry when electricity is expensive
3. The rent of the place where the mining machine is placed: because the mining machine consumes a lot of electricity, the power supply load of ordinary residential buildings can not be guaranteed at all, so the mining must rent a commercial site separately, and the rent is much more expensive than that of ordinary residential buildings
4. Operation cost: in order to ensure the computing power, the high-power mining machine needs to work 24 hours, which requires someone to maintain it at any time. When the mining machine is in trouble, the cost of hiring someone is required; At the same time, the mining machine is very delicate. If it is too hot or too cold, the vegetables will be stopped. Therefore, the measures of cold air and cold water insulation are needed to help the mining machine run. This is another expense
5. Mining machine update cost: because bitcoin is becoming more and more difficult to dig, the machine that was able to dig a month ago may not be able to dig anything today, and the market will also launch mining machines with greater computing power. The original mining machine is not worth money immediately. If you want to maintain computing power, you need to buy mining machines again
the above bitcoin mining costs all have a marginal effect, that is, the larger the volume is, the lower the corresponding cost will be. Therefore, some super large mines have been built
bitcoin g in the mine will enter the mine pool and be distributed by all participants. Large mines will be built in places where labor and electricity are cheap, such as Venezuela, the legendary miner's paradise, or Iceland, where the climate is favorable and electricity is cheap
as for the cost, everyone will be different. Let's take a look at an average: in 2017, according to the data of elite fixtures, a research institution, Venezuela is the cheapest of 115 mining countries, which is 513 US dollars, while South Korea is the most expensive, which is 26170 us dollars
China's mining cost is US $3172, which is relatively low among 115 countries. However, the cost is an average value. Large mines with low electricity prices must be much lower. If you are a lone ranger, the cost will rise sharply
in a word, if you really want to make money by mining, first of all, unless you are rich enough to build a mine with thousands of machines, you'd better join a mine to dig together. Although you have to share the money, it's still appropriate in the long run because it can greatly rece costs and improve computing power
secondly, whether you dig by yourself or join the mine, you must choose the place with low electricity cost, and the city with abundant hydropower resources is preferred, because hydropower is the cheapest source of power generation in China at present.
share authorization certification mechanism, dpos for short, is similar to the voting of the board of directors. The coin holders cast a certain number of nodes to verify and account on their behalf. In order to encourage more people to participate in the election, the system will generate a small amount of tokens as a reward. Bitstocks, diandianbi and other digital assets use this method
dpos is a bit like the parliamentary system or the people's Congress system. If representatives can't perform their ties, for example, when it's their turn to keep accounts, they will be removed and the network will select new nodes to replace them
each client of dpos has the ability to decide which nodes can be trusted. Compared with pow (workload proof mechanism), dpos greatly improves the ability of blockchain to process data, and can even achieve second arrival. At the same time, it also greatly reces the cost of maintaining blockchain network security, so that the transaction speed of digital assets is close to that of centralized settlement systems such as visa.
Bitcoin's business model is skyrocketing, and now there are many procts of this economic system
statement: we don't recommend any currency here. We only briefly introce some mainstream blockchain projects with innovative value, and share simple comments
bitshares / BTS: after bitcoin, it is the first batch of decentralized autonomous systems based on dpos, new code and oriented to real subdivision. It has surpassed bitcoin and Ethereum to become the most active decentralized system. The daily transaction volume exceeds 85W, with an average of 9.83 transactions per second. As a result, it has been discovered by the market and increased by 50 times
Ethereum / eth: its market value is second only to bitcoin, about 60% of bitcoin's market value. Ethereum's business logic itself has no problem. At the beginning, the valuation of ICO was close to 500 million RMB, and now it has increased nearly 1000 times (the cost of the first batch of people is about 2-5 yuan)
Zec: compared with bitcoin and Ethereum, the risk of z-coin will be greater, and its value will take a longer time to reflect. But in the long run, the value of anonymity will be one of the values that human beings generally pursue