Can virtual currency still mine

1. bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips:

1. The above contents are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: February 9, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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2. Qwertycoin, which has been popular recently, was built by the geek team in Germany for 18 months. It is a secure anonymous coin that focuses on privacy and is used for global
secure payment. Qwc has no pre excavation and ICO, and adopts cryptonight algorithm (supporting mainstream mining machine X3 and A8 +) POW mining.

3. It's hard to dig. Now virtual currencies like bitcoin are not worth money at all, and these virtual currencies have very high requirements for computer configuration.

4. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips:
1. The above information is for reference only, without any suggestions
2. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
response time: February 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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5. Bitcoin, Ethereum, chitcoin, dogcoin, eco and RCO can all mine. If you can mine with ordinary desktop and notebook computers, then eco and RCO are more powerful

6. It's possible to dig, and no one can stop it. However, virtual currencies such as bitby have been declared illegal by the state, and prices have plummeted. As a result, fewer and fewer people are mining, and even drag down the sales performance and economic benefits of enterprises manufacturing graphics cards. It's a bit too late for you to get involved now, The chance to make a fortune is over. It's better to choose another project.

7. We often hear about B2B, B2C, C2C, etc. What does B2B, B2C, C2C market mean? Maybe many friends don't know much about it. Let's introce it separately
1. B2B (also written as BTB, which is the abbreviation of business to business) refers to the business model in which enterprises exchange and transfer data and information and carry out trading activities through private network or Internet. It combines intranet and procts and services with customers through B2B website or mobile client, and provides better services for customers through rapid response of network, so as to promote the business development of enterprises
2. B2C is the abbreviation of business to customer, and its Chinese abbreviation is "business to customer"“ "Business to customer" is a mode of e-commerce, that is, the retail mode of selling procts and services directly to consumers
3. C2C is actually a professional term of e-commerce, which is the e-commerce between indivials. Where C refers to the consumer, because the English word of the consumer is customer (consumer), so it is abbreviated as C, and because the pronunciation of 2 in English is the same as to, so C to C is abbreviated as C2C. C2C is customer (consumer) to customer (consumer). C2C means the e-commerce behavior among consumers. For example, a consumer has a computer, through the network transactions, it sold to another consumer, this type of transaction is called C2C e-commerce
B2B has three treasures: enterprise, intermediary, communication,
B2C has three treasures: brand, channel, sales,
C2C, there are three treasures: you open, I buy, Alipay
above is a brief introction about B2B, B2C, C2C market what is the meaning of this, through the introction of this article, we should have a certain understanding of these models, and hope to help everyone.

8. Mining is the most primitive "exploration method" to obtain digital currency. In essence, it is to solve a complex mathematical problem with computer. If blockchain is compared to a large account book, the block in which is a page in the account book, and all miners are bookkeepers, the process of mining is bookkeeping, and also to maintain the normal operation of the whole network
the process of mining is very simple. Take bitcoin as an example. Every 10 minutes, all the miners work out a math problem together. Whoever works out the answer first is equivalent to digging this block and getting the corresponding bitcoin as a reward. Mining equipment is the first to use computers. With the rising price of bitcoin, more and more people participate in mining. CPU mining has graally turned into a professional graphics card. In recent years, it has become a specific mining machine. This evolution is e to the problem of computing power. As I said just now, mining means "all miners work out a mathematical problem together." the higher the computing power, the stronger the hardware computing power and the faster the speed. Suppose that the computing power of the computer is 1, the computing power of the graphics card is 5, and the computing power of the mining machine is 100, then the mining efficiency of the mining machine is 100 times that of the computer, It's almost impossible for computers and mining machines to dig bitcoin together

warm tips: investment has risks, so we should be cautious in choosing. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
response time: April 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
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