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What kind of electricity price should bitcoin implement

Publish: 2021-04-25 10:02:07
1.

the power consumption of bitcoin mining machines is different according to different machines take Shenma 68T, the fastest mining machine in wet season, as an example. Suppose that the electricity charge is 0.22 per kilowatt hour in half a year in wet season and 0.34 per kilowatt hour in dry season, the wall power consumption of Shenma 68T's second-hand machine is 3264w, and the actual power consumption is 3500W, then the daily power consumption of a Shenma M20S 68T machine is 3.524 = 84 degrees, Annual power consumption 84 * 365 = 30660 degrees

according to the latest mining difficulty, a Shenma 68T machine can dig 0.00064836 BTC a day, and 10 machines can dig 2.366514 coins a year. The mining difficulty of the premise remains unchanged, but according to the current situation, it is assumed that the mining difficulty will increase by 30% from now to next June, and by 2.5% every month. It is estimated that 85% of the original coins should be g, that is, 2.012 coins. Ten machines of Shenma 68T can dig almost 2 coins a year

to sum up, the power consumption of ten Shenma 68T machines in a year is 306600 kwh, which can dig almost two coins

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extended data

the risk of mining machine

1. Hardware expenditure

< P > mining is actually a competition of performance and equipment. Some mining machines are composed of more such graphics card arrays. With tens or even hundreds of graphics cards, the hardware price and other costs are very high, There is considerable expenditure in mining

in addition to the display card burning machines, some ASIC (application specific integrated circuit) professional mining machines are also put into the battlefield. ASIC is specially designed for hash operation, and the computing power is quite strong. Moreover, because their power consumption is far lower than that of the display card, they are easier to form scale, and the power cost is also lower. It is difficult for single chip display to compete with these mining machines, This kind of machine costs more

2. Currency security

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

3. 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. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: January 8, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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3.

Bitcoin is one of the most popular virtual currencies, which is very popular on the Internet

recently, according to the bitcoin power consumption index released by Cambridge researchers, if bitcoin is regarded as a country, it will rank among the top 30 countries with the largest power consumption in the world. The annual power consumption of bitcoin mining is about 121.36 terawatt hours (TWH, 1 terawatt hour is 1 billion kwh){ RRRRR}

recently, Bill Gates made it clear that he is not a fan of bitcoin

Bill Gates said: & lt; Bitcoin consumes more power per transaction than any other way known to mankind, so it's definitely a very important climate issue. But if it uses green power, it may not be a problem in the end

I don't think these topics are deeply relevant, although you may label me as a bitcoin skeptic

in other words, instead of investing in bitcoin, I used the money to buy malaria vaccines. I invest in companies that make real procts. But if other people invest in bitcoin and make money, I'll congratulate them& rdquo;

4. The definition of bitcoin in Chinese law:
according to the regulations on the administration of RMB, the proction and sale of token tickets are prohibited. Because there is no clear judicial interpretation of the definition of token ticket, if bitcoin is included in the "token ticket", the legal prospect of bitcoin in China will face uncertainty< On June 4, 2009, the notice of the Ministry of culture and the Ministry of Commerce on strengthening the management of virtual currency in online games (Wen Shi Fa [2009] No. 20) stated that the scope of application of virtual currency in online games was defined for the first time, and a distinction was made between the current virtual currency in online games and the virtual props in games; At the same time, the notice said that the "notice" stipulates that enterprises engaged in related services must be approved before they can operate
in China, some Taobao stores have begun to accept the use of bitcoin, and the number of businesses will graally increase
in October 2013, the first bitcoin quarterly, one bit, was released
on October 15, 2013, the network accelerator service of the network announced its support for bitcoin
on October 26, 2013, btcmini reported that GBL was hacked
on October 31, 2013, Lei Teng, a famous Internet lawyer, proposed the event of "filing a case to investigate the closure of GBL bitcoin trading platform as soon as possible", analyzed the "value function" and "use function" of bitcoin, and bitcoin should be governed by relevant laws.
5. Bitcoin has no clear legal identity in China. It can be cashed in some foreign areas and can be converted into the currency of most countries. Users can use bitcoin to buy some virtual goods, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life goods
6. wine is glowing in the luminous jade cups.. If you want to drink pipa, please urge immediately..
7. If the central bank does not recognize the monetary attribute of bitcoin, then trading platforms such as fire coin net naturally do not belong to the financial trading platform, and can not be applied to financial laws and regulations.
8. Dollars. Virtual currency doesn't admit much now.
9. When you go to the real estate trading center to handle the transfer proceres, you must bring your ID card and the real estate certificate of the house to the real estate trading center and sign for approval on the spot. I just went through a set of second-hand house transfer proceres. The main thing is to pay a deed tax of 1% - 1.5% of the house price (1% for a second-hand house with an area less than 90 square meters, and 1,5% for a house larger than 90 square meters), and then apply for a new property certificate with the tax invoice, When the old property certificate is taken away, the property right of the house will be changed to your name, and then you can go to the real estate trading center to get the new property certificate in 20 days.

I hope my answer will help you
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