Is JMT socket miner reliable
mining to earn virtual currency is illegal in China, so it is not safe
e to the decentralized programming adopted by the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and 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
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the corresponding laws and regulations of computer mining in China:
in China, the regulations on the administration of RMB prohibit the proction and sale of token tickets. 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
the notice of the Ministry of culture and the Ministry of Commerce on strengthening the management of virtual currency of online games (Wen Shi Fa [2009] No. 20) on June 4, 2009 stated that the application scope of virtual currency of online games was defined for the first time, and the distinction between the current virtual currency of online games and the virtual props in the game was made; At the same time, the notice said that the "notice" stipulates that enterprises engaged in related services must be approved before they can operate
Bitoffer pushes BTC option, which is the best risk hedging tool in spot market
how to use options to hedge the fall risk of spot
for example, the current price of bitcoin is $7000. If it goes up to $8000, you can make a profit of $1000 from the spot
but what if it goes down to $6000? You did not do any hedging, spot direct loss of $1000
but if you hedge accordingly and open a put option in bitoffer, the cost will be about US $20. If bitcoin falls from US $7000 to US $6000, the put option will earn US $1000. In this way, the US $1000 of spot loss will be offset, and there will be no loss in the account. This is the charm of hedging
after opening the hedging mechanism, your account will make money if it goes up, and even if it goes down, because the risk has been completely offset< br />
Avalon's latest machine is Avalon 2, with a computing power of 200g and a power consumption of 1000W
ant mining machine has a computing power of 180 (overclocking 200g) and a power consumption of 360W and 55nm,
if you can't stand noise, you can choose ants. If you want to be a family miner, you can choose ants
ants are good at power consumption, low power consumption and stable mining