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Bitcoin loading process

Publish: 2021-04-26 10:56:02
1. The new bitcoin is proced through "mining", which is a competitive and decentralized process. This process involves indivials serving the bitcoin network and getting paid for it. Bitcoin miners use dedicated hardware to process transactions and protect bitcoin networks, and collect new bitcoins ring transactions

bitcoin protocol is designed to issue new bitcoin at a fixed rate. This makes bitcoin mining an extremely competitive instry. As more and more miners join the bitcoin network, it becomes more and more difficult to make profits. Miners must seek efficiency to cut proction costs. No central authority or developer has the right to control or manipulate the system to increase their profits. Any behavior that does not comply with the rules required by the system will be rejected by any bitcoin node in the world

bitcoin is issued at a predictable and graal decline rate. The number of new bitcoins will be halved year by year until the total number reaches 21 million. By then, bitcoin miners may be able to support only a large number of small transaction costs.
2.

It can't turn. These are proxy websites, where can I convert currency

according to the 2017 Credit Suisse report, the number of millionaires in the world is about 36 million. Therefore, if a "bitcoin club" composed of users with more than one bitcoin is established, the number of members of the club will not exceed 21 million, less than the number of global millionaires

bitcoin is graally released through the so-called "mining", and today it has issued more than 85% of the total. It's going to get slower and slower, and it's going to stop completely by about 2140. At present, bitcoin's annualized inflation rate (3.7%) is far lower than that of the US dollar since 2008 (36%), and it will further drop to 1.7% after half a day's rection next year

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theoretically, one bitcoin can be infinitely subdivided by expanding the precision of digital storage or by upper layer expansion (such as lightning network technology). However, the transfer fee actually limits the value of bitcoin, which is too small. Therefore, the current code only supports subdivision to one in 100 million. The unit calls it "cong", which is named by netizens in memory of the inventor of bitcoin, Nakamoto. Don't say that one bitcoin is too expensive, because you can buy 0.1 or 0.01

bitcoin is in the address. Address is a number, but for the convenience of writing and using, it is encoded into a string form. The bitcoin address is generated by the private key of bitcoin through cryptographic calculation. This generation process does not need Networking (because mathematical calculation does not need Networking), and can be generated offline on your own computer

3. Users can buy bitcoin, and at the same time, they can use computers to do a lot of calculations according to the algorithm to "mine" bitcoin. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins. Due to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes. By 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes

warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
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
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation

response time: February 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
4.

Novice first of all to know how to calculate your cost, recharge, trading, cash, there are fees. At least you can understand the K-line. There are a lot of people on the K-line. You can look at it casually and understand it. You need to be risk aware. Bitcoin is a high-risk and high profit investment. It may double overnight, or BMW may become a bicycle overnight. At the beginning, we suggest a small amount of investment

but it's hard to get bitcoin for indivial mining, so it's basically large-scale mining, and you need to cooperate with the mine pool. So if you still want to make money by mining, at present, the most suitable mining method is cloud mining or mining machine hosting. After all, the era of single person mining is over

5. First of all, you need to register an online wallet. I'm using blockchain. I think it's OK
search the Internet and enter the email, password and verification code to confirm. Get the wallet address through email verification, and get the bitcoin address after login (the address that someone sent you bitcoin)
I have tested the following methods, and you can really get bitcoin for free. Most of the websites are English websites. Don't worry, it's very easy to register
1. Lottery method
freebitco.in/? R = 51714

1. New user registers new user, enters wallet address, password confirmation password, email verification, enters verification code, and clicks sign up to register
2. Have an account has an account. Enter the address of the bitcoin wallet and the newly registered password to log in
enter the verification code and click roll to win the lottery
the reward is divided into several levels. According to the number you shake, the reward will be given immediately, up to 0.2 bitcoin. Once an hour, you can win a lottery, 0.00005btc can withdraw cash, and you can withdraw it by shaking several times.
2. Click advertisement
1, index | BTC clicks
Click sign up in the upper right corner to register an account, fill in the account name, password, confirmation password, e-mail, address of your bitcoin wallet and verification code, and then click sign up to register. Need to go to your email and click the link to verify
Click login, click surf ads in the navigation bar, click ads, update from time to time, and a new website will appear after clicking. You need to see the verification code in about 10 seconds and enter it. Relatively stable income, click a few times a day, you can withdraw soon
2. Coinad - free bitcoins
this also needs to be registered. In the navigation, click my account, new account, enter the user name, email address, password, confirmation password, year of birth, bitcoin wallet address, verification code, consent in turn, and click sign up to verify the email
after logging in, click View ads to display the advertisement, and then click to enter the verification code.
6. It's fake. Don't believe it. This is a Ponzi scheme on the Internet
7. In fact, floor trading is often referred to as currency trading. Download an okex app, first enter the legal currency trading, buy usdt, and then go to the currency trading, and use usdt to buy bitcoin. If you don't understand, you can ask me directly
8. Generally, bitcoin is held / traded on the exchange
after the Hufu exchange is opened, there is a registration button in the upper right corner. If you need to invite me to sign up, please contact me.
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