How to produce electronic currency by virtual mining

1. Eh... After a look, all the fake $tables of PokerStars have really disappeared. What's the matter? Isn't my half million fake $useless for heroes?! Ha ha (but I guess it's only temporary. I feel that PokerStars are strange recently)

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. At present, bitcoin is the only reliable virtual currency. Bitcoin is a kind of virtual currency generated by the corresponding algorithm, which needs to use a large number of mining machines, that is, servers for mining. At present, only the virtual currency issued by the central bank is legal in our country, and the others are illegal
I hope I can help you. Thank you for your adoption.

4. The mining of virtual currency is a process of using computer hardware to do mathematical calculation for virtual currency network to confirm transactions and improve security. As a reward for their service, miners can get the Commission included in the transaction they confirm, as well as the newly created virtual currency. Mining is a professional and competitive market. The bonus is divided according to the amount of calculation
however, some Shanzhai coins are purely tools for developers and users to earn money. There are two main ways to make money by using virtual coins: one is mining. For example, if you want to obtain bitcoin, you must use a professional ASIC miner to mine (Avalon miner), and the bitcoin obtained from mining can be traded on the trading platform; The other is trading on the trading platform and making money by using the price difference

5.

Coin circle mining refers to that miners use mining machines, consume electricity, calculate algorithm problems (solve the problem of workload proof mechanism with a certain workload to manage bitcoin Network - confirm transactions and prevent double payment), work out standard answers (obtain the right to generate blocks and successfully generate new blocks), And the process of getting a certain amount of monetary reward (bitcoin)

each person (network node) carries out broadcast transactions to the whole village (Network). After these broadcast transactions are verified by the miners (computers on the network), the miners express their confirmation with their own algorithm answers (work proof results), and the confirmed transactions will be packaged into a data block (one page ledger), Data blocks are strung together to form a continuous chain of data blocks (the whole ledger)

when a person (node) finds the algorithm answer matching the requirements, it can broadcast its results to the whole network. Others can receive the new data block and check whether it is qualified

if other people find that they really meet the requirements (the calculation target required by bitcoin) through calculation, then the page ledger (data block) is valid, and other people will accept it, and correspondingly they will get a certain reward

mining capacity

every time a miner successfully records a page of account book, a certain number of new bitcoin will be born to encourage successful bookkeeping

the bitcoin system determines the number of bitcoins issued according to the preset rhythm of Mr. Nakamoto

in addition to mining rewards, miners will also receive handling charges

since miners can decide whether to package a certain transaction data into a data block, miners may give priority to the transaction with higher handling charge

6. There are many applications in the Alipay block chain. For example, the original Dangshan and Wuchang rice in Anhui originally had many fake goods, but since the Alipay chain chain landed the origin of the origin, the whole process was more transparent and monitored. For example, closer to life, everyone love Tmall shopping mall. Tmall started menace from the rear of consumers, which is to relieve consumers' worries. It is the use of Alipay block chain, which is not tampered with, non repudiated, and easy to trace back.

7. Friend, if you ask so many questions and ask others not to and paste, why don't you search one by one<
well, who makes me happy to help (ChAT)
refuse to and paste:
1. Bitcoin is a kind of virtual code electronic currency, with a total amount of only 21 million. There are more than 12 million bitcoins generated on the Internet through a mysterious and complex algorithm The origin should be based on the 2008 world financial crisis. A person named Nakamoto Tsung on the Internet put forward an idea: to generate e-money through a mysterious algorithm. The banks or institutions that have not issued this kind of money are completely proced through the participation of everyone on the Internet, so it is decentralized and there is no inflation; Later, in 2009, he established this algorithm and successfully generated e-money. He named it bitcoin
3. No one has issued it. Thousands of people in the world participate in this algorithm through personal computers or mining machines to generate bitcoin. The more bitcoin is calculated, the longer it takes for this algorithm to generate bitcoin
4 I didn't dig it, I just bought it. Bitcoin is just a string, which is stored in bitcoin E-wallet.
5. Tell others this string, and they can extract it into their own wallet.
6. If you want to get it, you are not recommended to dig it yourself. According to the current calculation, the computer is equipped with a 7970 graphics card, 24 hours a day, You can't dig 0.1 bitcoin in a month
so, young man, you'd better go to the bitcoin trading platform and buy one.

PS: at present, the biggest function of bitcoin is as a speculative tool, which is bigger than the futures yield. Of course, high yield is accompanied by high risk, or if you save it for 10 years, maybe the value will be 100 times or nothing. Heaven or hell, all in the minds of all.

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
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