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Those with low computing power can't get bitcoin

Publish: 2021-04-27 03:58:54
1.

There are only 21 million bitcoins

"graphics card mining" is a joke. In fact, it is running a specific algorithm to generate bitcoin through a large number of calculations

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extended materials:

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency 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. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million

bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items

on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that the relevant authorities would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency

from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees



2. 1. Using bitcoin mining machine to obtain bitcoin
mining is the only way to obtain undeveloped bitcoin, which needs to purchase professional mining equipment for mining, which is called mining machine in the instry
bitcoin miner obtains bitcoin through a lot of calculation through hash algorithm. As we all know, the number of bitcoin is constant, 21 million. As time goes on, the number of miners increases and the number of miners decreases.
the difficulty of bitcoin system is dynamically adjusted. Every 2016 bitcoin is g, an adjustment will be made, The adjustment is based on the block time of the previous 2016 blocks. If the average block time of the previous cycle is less than 10 minutes, it will increase the difficulty. If it is more than 10 minutes, it will rece the difficulty. The purpose is to ensure that the system can output a block every 10 minutes, so the difficulty adjustment time is about 2 weeks (2016 * 10 minutes), that is to say, the output will be halved every four years, And the difficulty will be adjusted every 14 days, so the general trend seems that the output of mining will be less and less
2. Purchasing power for bitcoin
after the prevalence of mining, there are some bitcoin mines, that is, multiple mining machines are concentrated in one place for mining, unified maintenance and management, low electricity price, to rece the cost of mining
the most important parameter of bitcoin mining machine is computing power. The higher the computing power is, the higher the output will be. In the difficulty of bitcoin mining, how much bitcoin can be g with 1t computing power is also used to measure the current difficulty of mining. Therefore, some mines will directly sell computing power to users to dig coins. In this way, the mining risk is relatively lower, and there is no need to buy mining machines and equipment, and no need to maintain them, The maintenance and management of mining machine is relatively troublesome for Xiao
3. Reward for bitcoin
with the rising price of bitcoin, bitcoin has gained more popularity than before, and its position in virtual currency is also unmatched by other currencies. There are some real procts of reward bitcoin mechanism in the market, and cat disk is one of them< The simplest way to get bitcoin is to find the person who holds bitcoin to buy bitcoin, which is equivalent to buying goods. But bitcoin is not required by everyone. Therefore, it is necessary to find the person who holds bitcoin and carry out direct transfer transaction. At the same time, there are certain risks, The other side needs indivials to grasp whether they are cheaters or not, so I don't recommend such transactions on the basis of not being acquaintances or not having certain trust
2. Online trading
there are many trading platforms for bitcoin, large or small. At present, the relatively large and well-known trading platforms are Huo coin, coin security, okex, uto market,... And so on. These platforms are more convenient and safe as three-party guarantee transactions, and the only risk is platform running, But the possibility is relatively small, but some small platforms are not without security
3.

Under the current difficulty, 1t mining machine can dig about 0.0268 BTC per day, which is about 1 bitcoin in 50. It is about 100 yuan in RMB. How much bitcoin you can dig in a day depends on how many shares you hold, that is, computing power. However, the computing power is floating. When the overall computing power is low, it's more. Otherwise, it's less. You can go to Babbitt's website to check the specific content when you have time< br />

4.

No one can predict how high bitcoin will rise or how low it will fall in the end. Now what we have to do is to collect bitcoin

many exchanges can buy and sell bitcoin, such as fire coin, coin security and so on


this is for my reference only

5. Bitcoin was created by miners digging. The essence of the so-called miner mining is to carry out bookkeeping activities on the blockchain ledger. Bitcoin is a kind of reward for miners. For each block recorded, a fixed number of bitcoins will be generated as rewards, and miners with high computing power will have a greater probability of obtaining bitcoins. Therefore, the emergence of bitcoin has a great relationship with miners, mining machines and computing power. But basically no one will get bitcoin through mining, because mining machines and electricity have costs, and the computing power of Retail mining is relatively low, and the speed of getting bitcoin is relatively slow, so it is difficult to recover the cost. You can buy a few bitcoins directly on the website of fire coin.
6. At the beginning, intervention was very simple, and there was no trading platform at that time. Bitcoin is basically played by geeks, gamers and cryptocurrency scholars. Bitcoin's popularity is not high, and its mining computing power is poor. The simplest way to get involved is to download a bitcoin client and use your ordinary computer to get bitcoin. Mining was a very simple thing at that time. In 2010, a programmer used 10000 bitcoins to buy a pizza. Now it sounds funny, but it's true. Later, bitcoin trading platforms appeared, such as Mentougou, where people can trade. With the increase of popularity and price of bitcoin, more and more people play bitcoin. Driven by the interests, people began to develop mining machines with faster mining speed. Later, there were video card mining and ASIC mining machines

now there are more ways to get involved in bitcoin. You can mine, buy and sell bitcoin, provide goods or services in exchange for bitcoin, and of course, dig futures. Bitcoin home has more information.
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