Bitcoin mining machine shut down will not be able to transfer

1.

At present, the mining machines in the market are mainly divided into two categories, one is PC based mining machine, the other is professional mining machine based on ASIC chip

the general PC mining machine can be used as a home computer, but the CPU performance is weak and the power consumption is high. Professional mining machine based on ASIC chip can not be used as ordinary computer because it has no graphics card and does not support mainstream desktop operating system

extended data:

mining machine is one of the ways to obtain bitcoin is a kind of network virtual currency proced by open source P2P software. It doesn't rely on a specific currency institution to issue, but is generated by a large number of calculations of a specific algorithm. It uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions economically. The decentralized nature of P2P and the algorithm itself can ensure that the currency value cannot be manipulated by mass proction

any computer can become a mining machine, but the profit will be relatively low, and there may not be one in ten years. Many companies have developed professional mining machines, which are equipped with special mining crystal. They are tens or hundreds of times higher than ordinary computers

mining is actually a competition of performance and equipment. The mining machine composed of many graphics cards, even if it is just a garbage card like hd6770, can surpass the single graphics card of most users in terms of computing power

and this is not the most terrible. Some mining machines are made up of more such graphics card arrays. When dozens or even hundreds of graphics cards come together, the graphics card itself costs money. Considering the hardware price and other costs, there are considerable expenses in mining

in addition to the display card burning machine, some ASIC (application specific integrated circuit) professional mining machines are also put into the battlefield. ASIC is specially designed for hash operation. Although the performance may not be able to kill the display card in seconds, it is already quite strong. Moreover, because their power consumption is far lower than that of the display card, it is easier to form scale and the electricity cost is also lower, It is difficult to compete with these excavators. And this kind of machine will be more expensive

2. Still, the police can find out and you can hide the truth

3. If you use the scrapped machine, you can't make a profit. The better the market, the more difficult the mining

4. No, bitcoin transactions are irreversible. Only the payee can return bitcoin

any bitcoin transaction is irreversible and can only be returned by the payee. This means that you need to pay attention to dealing with indivials and organizations that you know and trust or have established credibility. On their side, businesses need to control the payment requests that customers see. Bitcoin system can detect typing errors and usually won't let you accidentally pay to an invalid address. In the future, there may be other services that provide consumers with more choices and protection.

5. 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

6.

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

7. Brother, stop it. Bitcoin, a virtual currency, has no value. It's just a bunch of people who are hyping and cutting leeks. Don't have any illusions about virtual currency.

8.

According to bitcoin China's announcement, the platform will stop withdrawing cash at 12:00 noon on October 30. So far, bitcoin China has closed all trading functions

bitcoin (bitcoin: bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar