No mining machine

1.

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

extended data:

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

2.

GEC mining machine is a pyramid scheme. The new trading mode of "GEC environmental protection coin" has been widely spread. The mode takes "ecological environment protection", "zero investment", "zero risk" and "high income" as labels, and draws the development capital chain down the line by pulling people into the partnership. Environmental protection coins can basically be classified as disks and circles. The appearance of disk circle is virtual currency, and the core is capital disk. The former's income comes from the later's capital. This model is not only suspected of ICO in disguise, but also suspected of MLM

there is also a way of "cloud computing power" in the trading mode of "GEC environmental protection coin"“ The "cloud computing power" has been running for 1440 hours with an expected annual rate of return of 200%, 2160 hours with an expected annual rate of return of 250%, 4320 hours with an expected annual rate of return of 300%, 8640 hours with an expected annual rate of return of 350%

but "cloud computing power" means that investors spend money to buy the lease right of mining machinery for a certain period of time, and the professional mining machinery management platform provides the lease service, which is a bit similar to the concept of crowdfunding. If the price of virtual currency continues to fall, mining will not make money

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extended information:

Article 7 of the regulations on the prohibition of pyramid selling

the following behaviors belong to pyramid selling behaviors:

(1) the organizer or operator, through the development personnel, requires the development personnel to develop other personnel to join, To calculate and pay remuneration (including material rewards and other economic benefits, the same below) to the developing personnel based on the number of the personnel they have directly or indirectly developed in a rolling way, so as to seek illegal benefits

(2) the organizer or business operator, through the development personnel, requires the personnel to be developed to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other personnel to join and seek illegal interests

(3) the organizers or business operators, through the development personnel, require the development personnel to develop other personnel to join, form the relationship between the upper and lower line, and calculate and pay the online remuneration based on the sales performance of the lower line, so as to seek illegal interests

Article 8 the administrative department for Instry and Commerce shall, in accordance with the provisions of these regulations, be responsible for investigating and dealing with the pyramid selling activities specified in Article 7 of these regulations

3.

No illegal
in the bitcoin risk notice jointly issued by the people's Bank of China and other five ministries and commissions at the end of 2013, bitcoin is clearly defined as a special Internet commodity, and people can buy and sell it freely at their own risk. But it denies the monetary nature of bitcoin< The Article 143 of the general provisions of the civil law stipulates that "the civil legal act with the following conditions is valid:
(1) the actor has the corresponding capacity for civil conct< (2) the expression of intention is true< (3) it does not violate the mandatory provisions of laws and administrative regulations, public order and good customs. " The announcement of the seven ministries and commissions is neither a law nor an administrative regulation, and can not be used as a legal basis for judging whether a civil juristic act is valid or not; The law does not go back to the past. Therefore, the bitcoin transaction has legal effect, and the bitcoin obtained from the transaction is protected by law. Therefore, legal disputes arising from trading activities, including civil or criminal cases, should be subject to jurisdiction. Courts or public security organs can not refuse to accept bitcoin because they think bitcoin is not protected by law

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transaction mode

bitcoin is e-cash similar to e-mail, and both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address. The following table lists some websites that download bitcoin wallets and addresses for free

a bitcoin address is a string of about 33 characters long, consisting of letters and numbers, always starting with 1 or 3, such as & quot& quot; Bitcoin software can generate address automatically, and it does not need to exchange information online when generating address, so it can be offline [2]. More than 2 bitcoin addresses are available. Figuratively speaking, there are about two grains of sand in the world. If there is an earth in each grain of sand, then the total number of bitcoin addresses far exceeds the number of all the sand on all these "earths"

the bitcoin address and private key appear in pairs, and their relationship is just like the bank card number and password. A bitcoin address is like a bank card number, which records how much bitcoin you have on it. You can generate bitcoin address at will to store bitcoin. When each bitcoin address is generated, a corresponding private key of the address will be generated. This private key proves that you have ownership of the bitcoin at that address. We can simply understand the bitcoin address as the bank card number, and the private key of the address as the password of the corresponding bank card number. Only when you know the bank password can you use the money on the bank card number. Therefore, please keep your address and private key when using bitcoin wallet

after the transaction data of bitcoin is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to a previous block, the transaction is further confirmed. After six block confirmations in a row, the transaction was irreversibly confirmed. Bitcoin P2P stores all transaction history in a "blockchain.". The blockchain continues to extend, and once new blocks are added to the blockchain, they will not be removed. Blockchain is actually a distributed database composed of a group of scattered client nodes and all participants, which is a record of all bitcoin transaction history. Nakamoto predicts that when the amount of data increases, users hope that not all the data will be stored in their own nodes. In order to achieve this goal, he uses the hash function mechanism. In this way, the client will be able to automatically eliminate those parts that it will never use, such as some very early bitcoin transactions

4. If there are no serious consequences, it will be regarded as illegal, and illegal is not necessarily a crime

if there are serious consequences, of course, they will be sentenced

not only Taobao, but also regular platforms are not allowed to sell. The central bank has issued a ban on the use of bitcoin procts

5. Bitcoin mining is not illegal, as long as you use your own money, then you don't have the law to buy the ore. mining bitcoin mining is not illegal, as long as you use your own store and your own money, then you are not protected by law to dig the ore.

6. It depends on what kind of entity you are. Many blockchain combined with entity instry can apply several characteristics of blockchain. Decentralization, traceability, openness, fairness, permanence, irreversibility and security can be used by instry. Blockchain + entity application development (e-micro) 138

7. FTO is the digital currency put in by the company in FN social platform. It has been listed and traded. Due to the strong mutual support of the company platform, the business value of FTO is immeasurable! If you miss bitcoin and catch it, you will catch the fortune. I hope you are the lucky one of FN! Earn US dollars for us Chinese!

8. Jiaozi coin's new wallet can only be used for mining, which temporarily blocks the function of mining in the mine pool. In this way, it can avoid the monopoly of the previous computing power by the mining machine, so that everyone with a computer can participate

9. On the question of "five belts and one prohibition" in mines, Yantai Aopu Mining Machinery Co., Ltd. will answer for you: among them, "five belts" refers to the protective equipment that must be worn when going down the well, i.e. safety helmet, water shoes, lighting, mask and gloves. The first prohibition is to prohibit work after drinking, in other words, no drinking at work.