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2019 mining reward candy

Publish: 2021-05-04 14:29:03
1.

mining refers to the use of bitcoin mining machine to obtain bitcoin, that is, the computer used to earn bitcoin. If you can get bitcoin, you can make money this kind of computer generally has professional mining chips and works by installing a large number of graphics cards, which consumes a lot of power. The computer downloads the mining software and then runs a specific algorithm to get the corresponding bitcoin after communicating with the remote server

precautions:

1. It's better to use DIY mining machine, from purchasing accessories to assembly, and then to mining software, to learn, focus, practice and graally understand the blockchain

Mining is actually a fixed investment process: regardless of the currency price, a certain amount of positions will be increased every day

3. The bitcoin wallet used to store bitcoin uses military level encryption, which makes it impossible for hackers to steal easily. Bitcoin wallet also allows users to set two passwords, a public account password and a private password. The user of public account password is to let the user receive bitcoin. If users want to withdraw or transfer bitcoin from their accounts, they need to use a private password



2. In the big bear market in 2019, there is not much money making effect, and most of the high-yield ones are capital stocks
3. First of all, you need to understand the time point of bitcoin Mining:
a total of 2100W bitcoins are issued, and each block is generated for 10 minutes, and a block rewards a certain number of bitcoins. In the beginning, 50 bitcoins were awarded for each block of mining. In the future, the reward was halved for every 21000 blocks (about once every four years). Now, 12.5 bitcoins are awarded for each block generated. The generation time of each block is 10 minutes, but with the development of computer technology, now the mining calculation power is increasing, so the generation time of a block must be less than 10 minutes, which requires certain control measures to ensure this time. This measure is the difficulty of mining. If the output time of each block is less than 10 minutes, the difficulty of mining will be increased. If the output time is more than 10 minutes, the difficulty of mining will be reced. The difficulty adjustment time is 2016 blocks, that is, 2 weeks
after every 2016 blocks, all nodes will automatically adjust the mining difficulty according to a certain formula. This formula is obtained by comparing the latest time spent in 2016 blocks in this cycle with the expected time (20160 minutes, i.e. two weeks)
new difficulty = old difficulty * (time spent in the past 2016 blocks / 20160 minutes)
4. After the price of bitcoin reached its peak in 2017, the price began to fall all the way below the mining cost price, and countless miners suffered serious losses. At present, the price of bitcoin has stabilized and rebounded in 2019, and the mining price is profitable. At present, many well-known blockchain leaders have begun to lay out mines. Xiaoju, the capital boss of cloud chain, said that the next two years will be the prime time for miners, Wall Street is speeding up its approach
5. When the grade of gold and stone reaches grade 3
iron ore can be found at grade 3 mining sites in Shitang County
you are in the first level mining site. Wow, you have been a copper mine all your life! hey!
6. Columbus mining is just a gimmick, attracting investment is the purpose, mining is always very little profit, no investment can say, mining profits realized.
7.

I believe there is a fraud in issuing digital currency, but there is a fraud in mining. Unless you buy a "nonexistent" mining machine or computing power, the probability of being cheated is almost zero. Next, let me talk about UTC's past and present lives

So, it's hard to say whether UTC is a fraud, but this model is indeed an innovation in the currency circle. After all, digital currency is getting more and more attention, and it may not become "currency", but it may become "alternative investment goods". Personally, I'm optimistic about this mining model

moreover, as far as I know, the team behind UTC, as well as the financial and technical support are quite reliable. If it is really a scam, the institutions that invest in UTC will not make such a big battle to cheat people

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