M-chain digital currency miner

1.

mining is a nickname for the exploration method of acquiring bitcoin. Because of its working principle is very similar to mining minerals, so named. In addition, bitcoin explorers who do mining work are also known as miners

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system

bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes

then the bitcoin network will generate a certain amount of bitcoin as a reward to reward the person who gets the answer

extended data:

to be a miner, just "mine" bitcoin and search for 64 bit numbers by computer. By repeatedly decrypting with a computer, it competes with other gold miners to provide the number needed for the bitcoin network

if the computer can successfully create a set of numbers, it will get 25 bitcoins. Bitcoin is decentralized. It needs to create a fixed number of bitcoins per unit of computing time. It can get 25 bitcoins every 10 minutes

by 2140, the upper limit of bitcoin in circulation will reach 21 million. In other words, bitcoin system can be self-sufficient, which can be translated into coding to resist inflation and prevent others from sabotaging< br />

2.

It is illegal to invest in the digital currency mchain

the central bank has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency

In addition, the so-called "digital currency" launched by some institutions and enterprises in the market and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud

the official website of the monetary Bureau of the people's Bank of China issued the risk warning on issuing or promoting digital currency in the name of the people's Bank of China. The central bank pointed out that recently, indivial enterprises falsely used the name of the central bank to label relevant digital procts as "authorized issuance by the people's Bank of China", or falsely claimed that the central bank's digital currency promotion team, in an attempt to deceive the public and take the opportunity to make huge profits

extended data

1. The law on the supervision of digital currency is still blank. Digital currency is in a gray area in China, which can be done if it is not prohibited by law. However, there are still some normative provisions on digital currency in China

2. At the end of 2013, the central bank and other five ministries and commissions jointly issued the bitcoin risk notice, which clearly defined bitcoin as a special Internet commodity, and people can buy and sell it freely at their own risk. But it denies its monetary attribute. At this stage, bitcoin cannot and should not be used as currency

3. Mchain, Ruitai, Qianjin, Laite and other digital currencies are all applicable to the definition of bitcoin. Digital currency can exist as a commodity

3. Yes, mchain is a digital currency, similar to the popular bitcoin. At present, mchain is still in the stage of R & D and promotion. In the future, it will realize the general settlement of the whole network. It is a promising virtual currency.

4. Digital currency is a kind of Internet electronic currency with payment and circulation. Mchain is also a digital currency, but it is developed on the basis of blockchain technology and has the characteristics of decentralized and distributed accounting.

5. Digital currency includes legal digital currency, digital currency on the public chain, and electronic currency issued by institutions or alliances. Mchain is the digital currency on the public blockchain for the game instry.

6. It's about making money;, However, who knows! Whose money do you earn? If you don't think about it, how can blockchain financial disk make money?

7. No, first of all, I don't judge whether this coin is true or false, whether it is MLM, or at least the rules of this coin compound virtual currency, such as anonymous payment, blockchain technology, etc. We can recommend lucky mining machinery mall. Their mining machinery has not only improved in computing power, but also has a certain level in the judgment of mining currency.

8. Looking for agents and customers is mainly about sales

9. At present, digital currency has not been applied, and this problem does not exist for the time being. It is natural to repay debts when there are debts.