Mining machinery wet season

4. With the successful halving of bitcoin, the coin circle has officially entered a "bull market cycle", but many friends are complaining that it is more and more difficult to make money in the coin circle. Indeed, today's futures have become leek harvesters, Shanzhai currency is half dead under the hard support of the project side, and the major model currencies of the 19-year-old fire have disappeared. Many people will ask why the 17 year old ICO, 18 year old IEO and 19 year old model currency can not be seen in 2020 without strong policy intervention. It is easy to understand that the reasons are probably as follows:
1. has gone through 17 years of super big bull market, and it has been in the stage of digestion for the past 3 years.
after leeks have been cheated for countless times, they are more cautious about new projects. The era when a white paper and an official website can earn money is gone forever
2. Blockchain projects are difficult to implement, and there is no physical support
in the currency circle, no matter what projects are blown to the sky, unlike instry, which has no sustainable hematopoietic capacity, it can only end up with zero
3. All model currencies are Ponzi schemes
mode money, not to mention, all models are pyramid pyramid selling models, which reward the first arrivals with the money of the latecomers, and the bigger the bubbles, the collapse is only a matter of time.

is it true that the coin circle is so dead that there is no hope? If you really want to start a new craze in the currency circle, the top 3 problems must be overcome. That is to say, if there is a project that can control risks without bubbles and have physical support, without pyramid schemes, it will be a long and steady way to make money.
before that, some people would surely say that the purpose of the state's strong support for real enterprises is to revive the economy after the epidemic. However, in reality, it is difficult for entities to continue, let alone blockchain projects. As a result, I noticed a project called Forbes. After studying the white paper, I suddenly felt that it was like discovering a new continent. Unlike any project I have ever seen, this project has perfectly realized the above vision! Let's explore it with curiosity and see what kind of immortal project it is< First of all, Forbes project is zero fund-raising. Note that there is no fund-raising at the beginning, which eliminates the possibility of money collection. Before the launch of Forbes project token GFS, there was only bitcoin mining business at the beginning. It seems that bitcoin mining can't be achieved with eight strokes. What does this have to do with the project itself? We'll explain later. Let's talk about the mining business first. Forbes first launched the "miner's Union Plan". If you want to participate, you only need to pledge the deposit to purchase the computing power or mining machinery, and you can continue to obtain the mining income. Pay attention to why the project risk is controllable. The key points are as follows:
1. The deposit is returned daily for a period of one year through the smart contract
the smart contract is deployed on Ethereum, the deposit usdt is returned every day, and the smart contract is open source, which ensures that the principal can be recovered 100% regardless of the outcome of the project
2. Mining income can be withdrawn every day
the income from bitcoin mining will also be automatically converted into stable currency, which can be withdrawn every day, so that we can make steady money
3. Physical bitcoin mine pool support, field investigation
the reason why the project is supported by entities is that 100% of the deposit pledged by users is used to buy bitcoin mining machines. Forbes cooperates with global head mine bitmainland, and the mine can be inspected at any time

in this way, in the early stage of Forbes project, users can earn mining profits almost without risk by participating in bitcoin mining through 100% deposit return. If it's just mining, Forbes is not enough to have a big impact on the coin circle. After all, there are two problems: one is that the cycle is too long, and the other is that there is no promotion mode. Although the model coins of the 19-year-old fire all ended in collapse, the reason for the fire was that there was a model to see how Forbes broke the game< Second, the static and dynamic al mode, the fuse is on the verge of firing

as mentioned above, the payback cycle of the deposit for the purchase of mining machinery is as long as one year, so many people may be deterred. Forbes has designed two models. If you don't do anything after you buy a miner, you can only make money slowly through the daily deposit released and the income generated. At present, the annual income is about 180%. This is called static model. If you want to make money quickly, Forbes has designed a dynamic model
in dynamic mode, it is divided into three moles

1
in the mining area, if there is a wet season, the income of mining will increase, so Forbes often launch this activity in the wet season. 10% of the deposit of the first single miner directly pushed by users was released immediately. For example, if I bought a 1000u miner, originally the 1000u deposit was released for one year, but if I recommend five people to buy the miner, and all the five people bought the 1000u miner, then 10% of the total amount of the deposit, that is, 500U, can be released immediately. In this way, I can promote 5 people at most and get back half of the book immediately
in addition, it should be noted that the funds released here are the sum of deposit and income, not only deposit

2. Direct promotion increased the release by 20%, and indirect promotion increased the release by 10%
this is very easy to understand. Take my purchase of 1000u miner as an example. When it's not promoted, the deposit plus mining revenue will release about 7U every day. If one person directly pushes and the person buys 1000u mining machine, then I will increase the release money by 20%, which is 1.4u. If the person directly pushes and the person also buys 1000u mining machine, then it belongs to indirect promotion. I can increase the release money by 10%, which is 0.7u, My daily release amount is 7U + 1.4u + 0.7u = 9.1u. The more you push, the faster you release. That's the mechanism

3
the so-called trade union refers to other performance areas beyond the maximum performance line under the umbrella, because I am the recommender of all the people under the umbrella, so I am the president. In order to encourage users to work as trade unions, leaders of different levels of trade unions can get different levels of release rewards. For example, if I only need the total capital of direct push and indirect push to reach 50000 u, I can become a V1 Union. Then 12% of the total revenue of bitcoin g up in the whole network will be equally distributed to all V1 union presidents for release, and so on

in the promotion mode of Forbes, all these promotion rewards are only the release of your principal and income, not the next fund. This is different from other MLM project core elements
that is to say, it would take a year to release the principal and mining income without doing anything, but if I carry out promotion, it can greatly increase the speed of cost recovery and income generation. When the promotion reward reaches the sum of the deposit and income, the promotion reward is no longer effective
some people may say that it's not worthwhile for me to work hard to build such a huge community just for the principal and 180% of the annual income from mining. In fact, when the deposit and income are all released, you can choose to reinvest again, so that the promotion reward has been released

some people will ask again, the income of bitcoin mining is uncertain every day, why is the release associated with the expected future income? Forbes expects that the annual income of mining bitcoin will reach 180%, which is much higher than that of other mines. Where does the capital come from
it is very important to explain this problem, because Forbes is a pure entity and no foam project, so there can be no Ponzi scheme.
1. As the project has its own promotion mode, once it is started, the ore pool will grow rapidly, so the huge size of the ore pool will have a strong base to follow the price of the power plant. Generally, the electricity cost of the mine pool may be more than 0.35, while the electricity cost of Forbes can save a lot
2. With the support of the world's top mines, the more mining machines purchased, the less marginal cost. Therefore, the cost of mining machines is actually lower than the average cost of all users, and this cost difference is also one of the benefits
3. Forbes has set up a "mine pool fund", which uses 20% of the income of the whole network mining output to enter the fund pool. This fund is used for special purpose, and will continue to buy mining machines to expand the income, so the project has the ability of sustainable hematopoiesis

Third, the overall situation of Forbes, the final project vision to achieve distributed finance

the meaning of a drunken man is not wine. It would be a big mistake to think that Forbes is just a new exploration of mining mode. What the project really wants to achieve is the implementation of cross chain technology and the first echelon of distributed finance
"Forbes miner alliance" is only the first step. With the main network going online, many nodes are gathered through mining, and the ecology will suddenly have a place to play, which is invincible. As we all know, the most popular blockchain concept is difi (distributed Finance), which is also the field that Ethereum 2.0 will go deep into in the future. What Forbes really wants to build in the future is to win the crown of decentralized finance and become the "UnionPay" of the coin circle
when the Forbes mine pool matures, Forbes will launch the main network and token GFS, and the output of GFS can only be obtained by purchasing the exclusive miner. Since participating in the early bitcoin mining is also equivalent to making contributions to the node ecology, ring the miner alliance period, users can choose to convert the mining income into GFS certificates, and after the main network line, they can map the main network token one by one. If you are optimistic about the future of GFS, the exchange of mining income into GFS voucher in advance is also an option to expand the income

of course, that's the same thing. Forbes project is real, real landing, zero risk, no bubble. Different from other deceptive projects, the income will be forced to be converted into a project token. Users can freely choose to convert mining income into GFS, and they can also freely choose to purchase GFS mining machines in the future. If you are not optimistic about the Forbes project, it doesn't matter. It's good to make money safely from bitcoin mining. After all, everyone has different perceptions and different risk tolerance

for me, such a solid project is hard to see in the currency circle. Forbes is not only real, but also does not adhere to the traditional entity mining, and the innovative introction of no foam promotion mode. It can be predicted that this mode is sustainable development, and even I look forward to challenging the top mines of bitcoin. The earlier I participate, the more I can eat meat. This is the essence of my participation in many projects. My mining income is almost converted into GFS certificate for the first time. After all, the Forbes project has just set sail, facing a vast ocean to be developed.

5. The price of bitcoin has gone up abruptly, and the old miners who left the mine have begun to return. Many new people have also poured into the mining instry. However, the price has gone up, and the difficulty of mining bitcoin is also rising. How can we make money from mining now
- - talking about the mining cost of bitcoin -
the first thing to consider is the cost if you want to make money. If the profit is greater than the cost, it is worth doing. We all know how much bitcoin costs, so let's calculate the cost
1. Mining machine cost: the "number" of bitcoin is a problem-solving process, which can't be calculated by human brain alone. Therefore, mining people need to buy mining machines and keep calculating. The more mining machines, the stronger the computing power
2. Electricity charges: mining machines are big consumers of high power. How much electricity does it consume? Let's put it this way. At present, the electricity consumption of bitcoin and Ethereum mining has surpassed Jordan, Iceland, Libya and other small countries, ranking 71st among all countries and regions in the world. You want to cry when electricity is expensive
3. The rent of the place where the mining machine is placed: because the mining machine consumes a lot of electricity, the power supply load of ordinary residential buildings can not be guaranteed at all, so the mining must rent a commercial site separately, and the rent is much more expensive than that of ordinary residential buildings
4. Operation cost: in order to ensure the computing power, the high-power mining machine needs to work 24 hours, which requires someone to maintain it at any time. When the mining machine is in trouble, the cost of hiring someone is required; At the same time, the mining machine is very delicate. If it is too hot or too cold, the vegetables will be stopped. Therefore, the measures of cold air and cold water insulation are needed to help the mining machine run. This is another expense
5. Mining machine update cost: because bitcoin is becoming more and more difficult to dig, the machine that was able to dig a month ago may not be able to dig anything today, and the market will also launch mining machines with greater computing power. The original mining machine is not worth money immediately. If you want to maintain computing power, you need to buy mining machines again
the above bitcoin mining costs all have a marginal effect, that is, the larger the volume is, the lower the corresponding cost will be. Therefore, some super large mines have been built
bitcoin g in the mine will enter the mine pool and be distributed by all participants. Large mines will be built in places where labor and electricity are cheap, such as Venezuela, the legendary miner's paradise, or Iceland, where the climate is favorable and electricity is cheap
as for the cost, everyone will be different. Let's take a look at an average: in 2017, according to the data of elite fixtures, a research institution, Venezuela is the cheapest of 115 mining countries, which is 513 US dollars, while South Korea is the most expensive, which is 26170 us dollars
China's mining cost is US $3172, which is relatively low among 115 countries. However, the cost is an average value. Large mines with low electricity prices must be much lower. If you are a lone ranger, the cost will rise sharply
in a word, if you really want to make money by mining, first of all, unless you are rich enough to build a mine with thousands of machines, you'd better join a mine to dig together. Although you have to share the money, it's still appropriate in the long run because it can greatly rece costs and improve computing power
secondly, whether you dig by yourself or join the mine, you must choose the place with low electricity cost, and the city with abundant hydropower resources is preferred, because hydropower is the cheapest source of power generation in China at present.

6. Cpow, condition proof of work can be simply understood as conditional POW mining. It is a new technology improved on the basis of traditional POW mining. There are certain restrictions on POW mining. Only when the specific conditions are met can the normal mining be carried out and the profits can be obtained. It seems to limit the conditions and raise the threshold, but in essence, it is concive to the long-term healthy development of the mining instry.

7. It depends on the mines you choose. The general cost is not very high. The mines I find on the energy carrying platform are basically more than 30 cents. It's cheaper in the rainy season from April to June now.