Bitcoin market in 2060
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
21.5 * 3600 seconds * 24 hours = 1857600 M / day
1857600 / 1024 / 1024 = 1.7715 T / day
a t of computing power / day can dig bitcoin worth 4.03 yuan
1.7715 * 4.03 = 7.14 yuan / day
since 2017, bitcoin has reached new heights. Yesterday (May 23), the value of bitcoin broke through the ￥ 16000 mark, hyping virtual currency, becoming a matter that the general public can participate in, And a little bit of technical level, both fried money, but also began to have the technical content of mining
as we all know, virtual currency has a numerical peak, the more difficult it is to dig. In fact, it's hard to judge whether to lose money or not if we continue to dig. Therefore, in the end how to dig, dig what can be the fastest back to this, this paper studies the above two core issues based on the current market situation
It's about 37 yuan
let me first introce the reward mechanism of bitcoin system
bitcoin can basically dig out a block every 10 minutes through system settings. The reward for each block is given to the miners who dig out the block. The miner who digs out the block is called the block miner. The block miner will record the legal transactions in the bitcoin network to the blockchain, so that the miner can receive the service charge for bookkeeping
there are two parts in the reward for the block Miner: one part is the reward given by the system, which is called coinbase reward (also known as system issuance reward), the other part is the reward for bookkeeping, which is called miner's fee. The coinbase reward started with 50 bitcoins. For every integral multiple of 210000 blocks, the coinbase reward will be halved. This is what we often hear about bitcoin mining reward halved in four years
at the present stage, the reward of coinbase is 12.5 bitcoins. At the present stage, the average transaction miner fee received by miners for digging out a block is about 0.1 bitcoin (not fixed), that is to say, the average reward received by miners for digging out a block is about 12.6 bitcoin
about 99% of miners' rewards come from the system's coinbase rewards. According to the bitcoin system, one block can be g out every 10 minutes on average. The number of new blocks that can be g out in one day is 144 (60 * 24 / 10 = 144). At present, the number of bitcoins that can be g out every day is 1800btc (144 * 12.5btc = 1800btc). With the miner's fee of about 0.1btc per block, the total reward for all miners in one day is about 1814.4btc
We know that this is an era of high economic development. More and more people begin to pay attention to the self-development of the economy. At the same time, they are willing to put their spare funds into other instries to make money. This is a way to make future investment or risk aversion, After all, people are full of many factors for the instability of the market, such as a wave of new epidemic action in 2020. So what's the next step for bitcoin to reach a new high in 2020{ RRRRR}
3. For companies that issue bitcoin, it will have a very good development< p> Finally, for companies that issue bitcoin, this is a very good development, because the more people hold bitcoin, the higher the market value and price of the companyfrom the moment bitcoin proced value to the sky high price of nearly $20000 gold, bitcoin rose by tens of thousands of times ring this period, which also created a lot of people's freedom of wealth. Most investors love and hate bitcoin. They love speculative property, and they have no limit to the rise and fall. They hate to be unable to analyze the market and make profits in the market
so why is it still suitable to buy bitcoin in 2020
1. The third proction rection
in May, bitcoin reced its proction for the third time. Under the hype of the proction rection market, the third proction rection of bitcoin brought confidence to most investors in the market, but the price did not change significantly
judging from the market, bitcoin is leading the rise of other financial procts under the same conditions. It dropped to $3800 in March, and then rose all the way to about $10000, walking out of the V-shaped reversal
the V-shaped reversal is not easy. After all, the previous market had to be sorted out for several months before going up. This also illustrates the purchasing power of bitcoin in the market
moreover, after halving, the amount of bitcoin g up by the miners has graally decreased. In addition to the lost bitcoin, there are not many bitcoins in circulation in the market, and the bitcoin market is a market brought about by demand. With many external factors, many investors want to use bitcoin for risk hedging, and the liquidity of the market is expanding step by step<
2. Institutions bought a lot
after halving, gray alone increased its holdings of 18910 bitcoins, while after halving, the miners only mined 12337 bitcoins, indicating that the number of gray holdings increased was 150% of the total mining amount of miners in the same period
in addition to institutions, some celebrities have also publicly expressed their desire to buy bitcoin. For example, the author of "poor dad, rich dad" tweeted the reason why he wanted to invest in bitcoin. Before that, he repeatedly said that with the continuous release of water from the Federal Reserve, bitcoin may become a good hedging tool to deal with the current financial crisis
with the entry of specialized institutional teams, bitcoin has been known by more and more people, and its value has also been understood by more and more people< 3. Bitcoin leads the global financial asset growth
the secondary market of bitcoin is huge, with the number of new addresses and active addresses increasing every day. There are many people who know about bitcoin but don't enter the market
the massive entry of foreign institutions leads to the concentration of some chips. In this process, it is not only the transfer of chips, but also the transfer of price rights.
Bitcoin has risen from the lowest $4000 to $40000 in a year, and Ethereum has risen from $100 to more than $1000; This is a 10 times increase; But Shanzhai coin is still struggling; Take a look at grapefruit. The price of grapefruit a year ago has not changed much. No wonder many people think it is another kind of stable currency
it is gratifying that the price of grapefruit has gone up by more than 20% today; Although other Shanzhai currencies did not achieve such a high increase, they also rose in different sizes; In my opinion, Shanzhai coin should be promoted by retail investors in the end. In this situation, retail investors are graally entering the market
bitcoin and Ethereum have reached new heights, and many investors or spectators who have been short will only suffer more and more; The rise of Shanzhai currency is not the same as that of bitcoin. Because of their low market value and relatively concentrated chips, it is easier to pull. Bitcoin can rise 10 times a year. For Shanzhai coin, it is not difficult to rise 50 times a year; The bull market has no upper limit; There are just more risks
although the bull market is the best time to make money, in fact, most of the money lost is also in the bull market. Investors can't stand their emotions and are led by the market. There is a high probability that they will buy at the top of the mountain; To get rid of the trap, we may have to wait until the next bull market. Obviously, most people can't stand it for such a long time. In other words, quite a number of people bought it in the middle of the mountain, but they didn't buy it at the highest point. In the end, it fell rapidly and went through a roller coaster. Such investors are expected to dominate. So the most important thing of bull market is to grasp the selling time; This is very important
musk has surpassed the second place with assets of 20 billion US dollars, and has firmly occupied the position of the world's richest man; For musk, Tesla shares contribute a lot to personal wealth; Although there are a lot of unreasonable; This also makes me think that the future price of bitcoin will exceed everyone's expectation; After all, the standard of judging new things is obviously not the same as that of traditional fields
musk recently stated that Tesla may allow bitcoin payment; I think this will be another important application of bitcoin payment; After Lamborghini, bitcoin is likely to support another popular model