Paradise mining

1.

It's a scam. Many Internet enterprises and network security enterprises believe that illegal "mining" has become a serious network security problem

with the rise of "cloud mining", the virtual machine has become the main use object of digital currency such as Monroe coin and Eli coin, and the situation of embezzling cloud computing resources for "mining" has also increased significantly; Security team monitoring found that "competing for mining machine" has become one of the important purposes of Botnet expansion; And found a new type of "mining" virus (mining XmR / Monroe), the virus spread wildly in two months, illegal "mining" profits of nearly one million yuan

extended information:

from a commercial point of view, the business model of mining can walk out of a "healthy road". As long as the "incentive money" is lower than the average cost of new users in the market, the business model will be reasonable and feasible

however, if the platform tempts users to participate with "no capital, no profit", it is worth being vigilant. The so-called "mining" opportunity provided by the platform is likely to be "digging a good hole" waiting for you to jump in

3. 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
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4. You can get the mining license if you make a single above level 28, and you can get the mining license if you form a team to brush the ordinary and difficult copies. Then go to bashiling to find achun and do the dirty mine cave task. After completing the task, you can get the ore. you can also invest in the mine, and you can also get the ore. thank you for adopting

5. Hello, you can log in to the 360 security payment center and recharge 360 coins inside.

6. Is bitcoin a good idea? No, bitcoin is a funny bad idea. It's a scam. fraud. It's not money. The economic assumption that is the basis of bitcoin ecosystem is ridiculous, and it ignores the knowledge accumulated for hundreds of years about how different currencies work together

fortunately, it is such a leaky system that it will probably never grow to a point where it will have adverse effects or impacts on the world economy

however, I feel it necessary to point out the problem

bitcoin is more like a data transmission system than a cash trading system. Well, the problem is that it doesn't make a deal by offering a digital cash deal in dollars, but by importing a whole new currency. So here we will ask, is this really desirable

one of the fatal problems: the distribution of initial wealth

when the Federal Reserve prints money, it will not issue millions of dollars of checks randomly to thousands of Americans. The work it does is: 1. Buy some other assets (usually US Treasury bonds) in the free market to inject more cash into the system than before; Or, 2. Lend money to the bank, the bank lends money to others, and finally spends the money

the important thing is that these people don't get money for free. They either sell their assets for cash, or borrow money to spend it and eventually pay it back (also paying interest)

the bitcoin system does not have a central bank to issue currency. It has an "algorithm" that allows bitcoin to be "mined" through a rather puzzling mechanism. Basically, it's randomly assigned to people who are early in the tasting season. It's a very good system for early entrants (free money!). It's a ridiculous system for real money, not to mention the obvious lack of expansibility (what happens if everyone mines all day long?) In order to solve this problem, the supply of bitcoin is algorithmically limited, which once again brings benefits to early entrants, but this leads to the second problem:

the second fatal problem: endogenous deflation

economics course time! Deflation results from the appreciation of currency relative to other commodities (such as the decrease of commodity prices). More directly, deflation occurs when people expect the currency to appreciate relative to other commodities, and the price trend continues to decline

question: if money is expected to appreciate, why do you spend it? Answer: Generally speaking, you don't spend money

the supply of bitcoin is set to slow down at a known rate. It eventually reached about 21 million. As shown in the picture

we can see the rate - well, I agree that if it is foreseeable inflation, it may not be desirable from an economic point of view, but it is reasonable. However, if it is to slow down the issuance, if you design a currency to subvert the world order, what you would like to see is this graph:

then what if there is at least a constant growth rate? You may be willing to do that, because that's the only way to adapt to more people using it

but bitcoin is not designed to be a practical currency, it is designed to make early entrants rich. Once again, it's a hoax

for a quick thinking experiment, we assume that more people use bitcoin compared with the growth of demand for bitcoin. In this way, we can expect the dollar price of bitcoin to rise rapidly. Now suppose I have a bitcoin, I also have a dollar bill, I am willing to buy a bottle of Pepsi Cola, which payment method will I use? Obviously, the devalued dollar should be spent more than the rapidly appreciating bitcoin

in the best case, the limitation of bitcoin supply will cause severe deflation, squeeze most of the business activities of bitcoin pricing, and connive at speculation in the trading market. If you are not willing to use it and others are not willing to use it, the so-called benefits of transparency and low transaction costs will not bring you any benefits< The third fatal problem is the lack of convertibility. People have a misunderstanding about the so-called intrinsic value of money. In fact, there is no so-called intrinsic value of money. The nominal value of money is limited to the other money they can trade for. One dollar is equivalent to a certain amount of euro, one euro is equivalent to a certain amount of yen, and one yen is equivalent to a certain amount of dollar. One dollar can be stored in the bank, change a certificate of deposit, and then the certificate of deposit can be changed into one dollar. It can be turned into a commercial or personal check and then into cash or deposit. When you travel, it can be changed into a traveler's check in yen or euro. If you have to pay for sandwiches, the sandwich shop also charges because the money can be converted into something else. It's a wonderful circular balance.

7. Now many people are using Tencent micro vision, micro vision is a good application, many people play micro vision. You can show your beauty and figure here. Even if you don't have beauty or figure, it doesn't matter, because you have real-time make-up and slim legs. Of course, you can choose to only show your talent and see other people's works. It's very interesting,

8. I can be very responsible to say, can make money! And I personally feel that engineering is not chicken ribs, not entertainment, but it does cost a little money. Fortunately, you are a miner, so the problem is not big! Engineering, PVP! At present, the f version of the country, fly 2 map, an NGL, a shadow month, remember to do the BT Necklace task, 15 minutes CD, you turn from NGL, you can almost return to the shadow Moon Valley! The most important thing in the middle is to miss the time point, because now what studio, I don't know if it's hanging up, there are a lot, so the time point must be staggered with others! You can collect particles and mine! Generally, from 12:00 to 6:00 in the evening, if you have time, do it all the time. I am lucky for 4 hours. Generally, I have 26 shadows and 30 air. Because I am SS, I learn FM. At this time, I can see gold mine at least twice! I'm not a professional miner. The map doesn't show the ore, so every time I see Kejin, I'm very depressed. I'm really depressed! Engineering + mining is really the most profitable, as long as you f, this thing is not rotten all over the street, you have a profit, a class of 4 hours down, almost 1000 g, not counting ore, you see, engineering I'm full of materials, washed down only about 3000 g! And you're a miner```````

9. Let's not say whether it's a scam. It's best not to participate in virtual things.

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