Confiscation of mining machinery

1. Power consumption is too high. Although China does not support trading, it is not illegal to dig money

2.

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

extended data

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

3.

It's not against the law

The laws and administrative regulations in China do not prohibit the proction, holding and legal circulation of bitcoin, nor do they prohibit the sale of bitcoin mining machines

2. The investment and transaction of "virtual currency" represented by bitcoin are on the rise. For this kind of virtual goods generated in the Internet environment after the development of Internet technology, there are policy and commercial risks in related transactions. However, under the premise of not violating the mandatory provisions of laws and administrative regulations, the contract signed by the parties is a valid contract

3. Bitcoin is generated by "miner" and "mining", and "miner" can be assumed by anyone in any place in the world. "Mining" is a process in which "miner" provides certain computer computing power according to the open source software provided by the designer, and obtains the special solution of the equation through complex mathematical operations, The miner who gets the special solution gets a certain amount of bitcoin reward

Because bitcoin is based on workload proof, it is related to computing power. To have computing power, we need to consume power, so its power consumption is very large. It is precisely because of such a large power consumption that the safe and stable operation of bitcoin system can be guaranteed

extended information:

according to the data of btc.com website, up to now, the computing power of the whole bitcoin network is about 51.65 eh / s, which is equivalent to 1.84 million bitcoin S15 (28T computing power, 1596w power) mining machines in operation, and the daily power consumption is about 69.92 million kwh. Divided by the current proction of 1800 bitcoins per day, excluding other costs, each bitcoin will consume 38800 kwh of electricity. "

from this point of view, although the current price of bitcoin is expensive, the cryptocurrency market website coinmarketcap.com shows that the current unit price is about $7900, but the cost of mining a bitcoin is not low at all

4. 1) it is not illegal in Chinese mainland at present. Mining machine of course is not illegal, otherwise, with the graphics card digger, all the graphics card confiscated

2) in the notice issued by the five ministries and commissions, bitcoin is defined as "special commodity", which can be legally held at its own risk

3) at present, there are three risks in bitcoin: cross risk, price risk and "running away" risk. Due to the characteristics of anonymity, no national boundaries and no easy tracking, bitcoin is graally used as a means of exchange and payment by criminals. According to the Xinhua article, in a recent on-site inspection of major trading platforms in Beijing, the central bank found that both Huo coin.com and okcoin.com used the deposit funds formed by investors' recharge to purchase financial procts, totaling about 1 billion yuan. New things are developing too fast, so supervision must keep up with the pace, actively improve the system and regulations, and put bitcoin into the cage of supervision. In the face of serious violations of bitcoin trading platform, supervision should never be soft handed and shut down.

5. It is recommended to choose a professional maintenance center to avoid causing losses to your watch. The specific situation needs to be detected and handled by technicians. It is recommended to call for detailed consultation.

6. 1、 Make a pit and fill it with water. Can be unlimited brush water on the line. 2、 Use electrical appliances to power on the instrial pump to pump water. 3. Automatically transfer it to the ore washing field

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8. These are all deceptive tricks in disguise. They are all illegal. The reason why they keep rising is to attract more takers. There is a risk of collapse at any time. Maybe you are the one who takes the last shot. Don't participate in similar transactions. Even if you make a profit for a while, you will lose all your money in the end.

9. That's right. The difference between elasticity and inelasticity is whether energy is lost
but in reality, the actual situation is very complicated. For example, the striker volleys the football to the fat goalkeeper. You can think of this situation as "the small ball in motion collides with the big ball in motion": the goalkeeper confiscates the ball and makes a completely inelastic collision; Goalkeeper beautiful fish jump, ball speed greatly reced, slowly rolled out of the baseline, inelastic collision; The goalkeeper is not able to react and is hit by the ball. After exchanging speed, the goalkeeper and the ball move in reverse. The slow motion playback shows that the momentum and energy of the whole process are miraculously conserved... Elastic collision!