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Why use electricity to dig bitcoin

Publish: 2021-04-26 09:07:45
1. The essence of bitcoin is a set of distributed ledgers. Generally speaking, miners are many accountants who have one ledger. Because accountants or reimbursement people may make false statements, only when an account is recognized by enough Accountants (generally speaking, six are enough) can it be effective. These are the six confirmations. The process of accounting is mining, which needs electricity
the function of bitcoin, or the dream of its followers, is to realize the gold standard monetary system (in fact, there is no upper limit for gold, but bitcoin has a total limit), and create a currency with a slowly increasing supply and a total limit. Thanks to the distributed database, the transfer of bitcoin does not need to go through a third party and is irreversible. This is a very important feature, and this is its potential
with the graal rection of output, the value will graally increase in the long run. There are more and more audiences
e to the limited level, my explanation may be different, but this is generally the case.
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. Naturally, there are many critics, but for capitalists, earning money is a good thing. In addition to bitcoin, many other virtual currencies are also consuming a lot of electricity, but making money. When Nakamoto proposed the bitcoin mining mechanism, it was mainly for the sake of fairness, and probably did not consider that people would be so crazy mining. There are also some coins trying to use some new mining methods, but this part is still very few.
4. List of exchangeable items of "Wu You Chuan Qi": skill refinement points: can be used to improve skill refinement level and obtain more powerful skill effect
Level 1 gold needle: it can be used to cultivate meridians. After opening meridians, you can obtain combo skills for free
3 Shujing Huoluo pill: it can be used to break through acupoints and gain permanent attribute promotion
4 dragon skill certificate: you can exchange dragon skills of characters or heroes at NPC [Dragon Guard]
5 dragon spirit jade ultimatum: you can exchange characters' dragon spirit skills at NPC [guardian of the ancient dragon]
6 dragon soul crystal core: you can exchange the dragon soul magic skill of a character at NPC.
5.

Information to be prepared for registration of Singapore Foundation:

1. Company name

is generally the end of XX Foundation Ltd,

2. Front and back photos of F130 certificate of registered person, photos of the first page of passport

director, legal person, 1890 foreigners, 7296 passport first page photos + proof of address (bank card bill, Water, electricity and gas bills can be used as proof of address)

if you don't want to fly to Singapore for local registration, you can find a reliable agency in the mainland to help apply, provide the above information, and wait for half a month to register

registration process of Singapore foundation

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provide relevant registration information → select business scope → draft relevant information of company registration application → sign company signature documents → acra acceptance → registration completion

information available after registration

1, registration certificate

2, registration paper

3, articles of association

4 One official seal

5, steel seal

6, power of attorney of registered director

7, power of attorney of registered Secretary

8, minutes of the first meeting

9, establishment documents

10, address announcement

11, CD

12, document box

13, folder

6.

Global view is a public information mining platform

reward token GC in the process of reading information, so as to achieve revenue. Based on data engine mining technology, to ensure fairness, transparency and openness

on the information reading platform, a novice reading bag will be sent to you with a simple real name after registration. The effective time of the reading bag is one month, and you can read for three minutes every day to complete the task. The monthly output is 11.4 GC coins, which can be traded point-to-point on the platform

< H2 > extended information:

precautions

direct promotion new person award 0.6ge, subordinate re investment award is the same as 6% of the highest level of GC (with burn system) upgrade award, upgrade G2, direct promotion 10 people, personal activity 50, alliance activity 20000 can upgrade G2

GC is a reward coin for reading, which is decentralized, point-to-point trading, shopping and circulation, with a total amount of 2 billion. You can buy reading bags to get more output and sell them to make money

Ge is generated by recommendation certification award, commission transaction bonus award, and Ge pool is released into GC or purchased reading package in proportion every day

GSB is the platform currency and the only token of exchange transaction, with a total amount of 600 million. The purchase of reading bags above the low level can be given as a 1:1 gift, while the purchase of reading bags by the lower level can also get GSB reward



7.

The news that bitcoin ranks among the top 30 power consumers in the world has aroused heated discussion among many netizens. You know, there are a lot of news about bitcoin recently, but just listening to these news, it's difficult for people to have an intuitive concept compared with the popularity of bitcoin. Now there is power consumption as the measurement standard, which also makes people more aware of how much attention bitcoin is currently receiving. However, although bitcoin ranks among the top 30 power consumers in the world, it is not possible to properly curb bitcoin speculation. This is because as long as we pay attention to bitcoin, we all know that bitcoin mining consumes electricity, and only bitcoin crash can curb bitcoin speculation in a real sense

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the power consumption of bitcoin reflects that the current market is very depressed, and we prefer to invest in this seemingly illusory thing rather than in the real instry. Now, in order to develop bitcoin, the power consumption has entered the top 30 in the world. If all this electricity is used to heat water, it will last the UK for 29 years

8. The operation of GPU consumes power and needs heat dissipation
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