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Can virtual currency mining be done

Publish: 2021-04-26 00:08:07
1. Can bitcoin still mine now? How long will it take to dig? I think bitcoin mining is OK, but the success rate of mining is very low. It is not recommended that you mine. Mining consumes a lot of electricity.
2. Now it's not very profitable. In 12 years, the price of bitcoin was about 1000 +. With personal PC, we could dig more than one coin a week. The current currency price is about 20000 yuan
Development:
1. 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. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. West Virginia Democratic Senator Joe; On February 26, 2014, Joe Manchin issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China.
3.

At present, bitcoin needs to be g by professional mining machines. The global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin

according to the current speed and the number of bitcoins, it will take three months to get a bitcoin if a computer is kept in a 24-hour state of operation

extended data:

because the current bitcoin mines use special bitcoin mining machines to mine. The computing power of an ant S9 miner is 13.5th/s, which is equivalent to the sum of the computing power of 7500 1080ti graphics cards. A medium-sized mine has hundreds of such miners

the instry of bitcoin is not very good either, so you'd better not dream of becoming rich overnight with bitcoin. Now many countries have issued policies to suppress the rise of bitcoin prices. Some countries even refuse to dig bitcoin. Many bankers and economists are disgusted with the emergence of bitcoin

4.

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

5. As a blockchain researcher, many new people often ask this question. In fact, if you want to own a bitcoin, there are mainly two ways. The first is to buy it directly from the corresponding digital currency exchange; The second is to mine for bitcoin
first of all, mining is the main way to obtain bitcoin, but the current threshold of mining is relatively high. If you choose to mine by yourself, first you need to understand certain technology, then download the bitcoin client and mine by yourself according to the online bitcoin mining tutorial
however, in theory, bitcoin can still be mined with computers or graphics cards. However, e to the development of mining instry in recent years, the whole network computing power of bitcoin is extremely terrible (more than supercomputers), so if you want to mine with computers or graphics cards, you can't find bitcoin, If you want to dig bitcoin, you still need to buy mining machines. Now the better mainstream mining machines in the market have to be tens of thousands. Of course, there are cheap second-hand mining machines, but these second-hand mining machines are all obsolete ones, and the electricity cost of mining is relatively high
in addition to the second way of direct purchase, the digital currency exchange is a special place for bitcoin trading. If you want to own a bitcoin, you can buy it directly with money. However, it should be noted that there are many digital currency exchanges in the market at present. Many small exchanges are specialized in cutting users and eating customer losses for a living. Therefore, when choosing an exchange, it is better to focus on the head exchange. For example, Hufu, one of the head exchanges in China, I have been using it for nearly two years, and it is very stable and safe.
6. 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.
7. In the bear market of 2018, bitcoin mining basically lost money. At present, with the arrival of bitcoin bull market in 2019, the price of mining machinery is cheaper, and bitcoin has doubled from a low point. Next year, the output of bitcoin will be halved, and the electricity price will be controlled within 30 cents. Mining can make money. I'm Xiaoju focusing on blockchain
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