Is mining machine high risk

1. OK. It's not as complicated as you think

2.

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

3.

As of July 24, 2020, the state has not issued any laws to prove that bitcoin mining machine is illegal

bitcoin mining machine is one of the ways to obtain bitcoin. Bitcoin is a kind of network virtual currency proced by open source P2P software

it doesn't rely on the issuance of specific monetary institutions, and it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction

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the issue and transaction of bitcoin are realized by mining, and it is cast at a certain but slowing rate. Each new block is accompanied by a certain number of new bitcoin from scratch, which is used as a coinbase transaction to reward the miners who find the block

the reward for each block is not fixed. For every 210000 blocks mined, it takes about four years, and the currency issuance rate is reced by 50%. In the first four years of bitcoin's operation, each block created 50 new bitcoins. Each block creates 12.5 new bitcoins. In addition to the block award, the miner will receive a handling fee for all transactions within the block<

source: Internet - bitcoin mining machine

4. There are risks. All investments have risks, but the risks are relatively small. Because the cost is basically fixed, whether it is the input per kilowatt hour or the electricity charge generated every day is determined, so the daily income determines the final daily income. The total income is determined by the price of currency and the output of t-force. Next year, the output of bitcoin will be reced, and the application of bitcoin price will have a big increase. Because the previous two proction cuts before and after the answer has at least dozens of times the increase, the opportunity is relatively large.

5. Its risk is relatively low, because it is a more formal platform, its income is really good.. I'm glad to be able to answer your question. I wish you all the best in your work

6. MSN is a chat software, full name Microsoft service network! The function is similar to QQ

7. According to the rough statistics of chainchat, there are 20 million blockchain users in the world, and there are probably several million in China.

8. Mining, of course, has a very big risk, which belongs to the scope of venture capital, and the profit is ups and downs. Investment in this instry must take risks into consideration.

9. Its risk is relatively low, because it is a more formal platform, its income is really good