The first project of mining

1.

mining is a nickname for the exploration method of acquiring bitcoin. Because of its working principle is very similar to mining minerals, so named. In addition, bitcoin explorers who do mining work are also known as miners

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system

bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes

then the bitcoin network will generate a certain amount of bitcoin as a reward to reward the person who gets the answer

extended data:

to be a miner, just "mine" bitcoin and search for 64 bit numbers by computer. By repeatedly decrypting with a computer, it competes with other gold miners to provide the number needed for the bitcoin network

if the computer can successfully create a set of numbers, it will get 25 bitcoins. Bitcoin is decentralized. It needs to create a fixed number of bitcoins per unit of computing time. It can get 25 bitcoins every 10 minutes

by 2140, the upper limit of bitcoin in circulation will reach 21 million. In other words, bitcoin system can be self-sufficient, which can be translated into coding to resist inflation and prevent others from sabotaging< br />

2. False. It's impossible and unscientific

3. Exchange: bit-z
trading mining online time: June 2018
Project Introction: bit-z, founded in Hong Kong in 2016, provides digital asset trading and OTC (over-the-counter trading) services
dividend method: "transaction mining". Users who participate in the transaction can get a refund of service charge (in the form of equivalent BZ, and need to complete three-level certification); Each phase of 10 million BZ will be released step by step, and each phase of 10 million BZ will automatically enter the next phase. The return ratio of each period will decrease by 3%
total number of tokens issued: 1.2 billion BZ.

4. 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

5. Ah, can bitcoin mining projects be approved? At present, the country does not recognize this piece, so your approval may be delayed or not

6. For those who don't know and have no experience in investment, I suggest you be cautious. After all, money is not easy to come by, and you should cherish it
what kind of bitcoin is is, in fact, a virtual and worthless thing. As for the Mining Fund, it's even more uncertain!

7. It is said that clover42 belongs to guessing game mining. The first project of clover42 is defi9, which is a guessing game to predict the order of liquidity change rate of nine liquidity pools in uniswap every day. It draws prizes every day, with a total of four prizes, and the first prize is the forecaster who guesses all the nine in the order. It's probably more fun than other mining projects. They have not only LP mining, but also platform currency and game currency self built pool mining, which is quite novel. You go to the authorities to find out.

8. That depends on what type of mining projects, such as the current very formal ones are Xunlei mining, and quickcast mining, etc. in fact, there are others, but they haven't been tried yet. At present, these two projects are absolutely credible, and they are operated by large companies. Don't worry about running away!

9. According to my observation, compared with other mining projects, there are improvements and innovations, as well as mining of game currency platform currency based on game, which is very interesting

10.

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