Can dog money make money from mining
Publish: 2021-04-07 18:22:21
1.
mining is to confirm the transactions in the bitcoin system over a period of time and record the process of forming new blocks on the blockchain. The miners are called miners
Can mining make money? People around me who have been in contact with blockchain have asked me this question. The answer must be yes, otherwise mining will not be the foundation of blockchain development, and countless people will be miners How to dig? Xiao users said they were at a loss. You can use ha Yu miner to mine and experience mining resistance by yourself. You can download software and mine with one click, without any learning cost
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.
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. Doge is still a big investment risk, so blind investment should be avoided. It is recommended to use currency to check app to monitor project risks. This is the first risk monitoring software in the blockchain instry, which can help you avoid risks.
4. Dog coin has been controversial since its birth. Some people say it is the most popular competitive coin, while others say it is a joke
in fact, virtual coin players with a little common sense all know that dog coin has the following fatal defects:
1. First of all, the code of doggie coin is completely copied from Leyte coin. The wallet of doggie coin in the early days has LTC words; Secondly, the founder of dogcoin left the development team in April 2014 and announced twice to quit dogcoin community; Thirdly, up to now, dogcoin still does not have a stable development team. Most of the online volunteers who joined dogcoin development team in the early days have quit. After the founder of dogcoin announced to quit dogcoin community again in March 2015, the development work actually stagnated
2. Dog money has no support of calculation power, that is to say, it has no real value, and its price performance is purely the result of speculative market game. In September 2014, in view of the collapse of computing power, doggy coin abandoned the mining mode and implemented auxpow, that is, to give doggy coin to any mine pool supporting this mechanism. This means that dog money is no longer the object for miners to profit from mining by purchasing equipment. The reason why the mine pool chooses to support dog coin is to get free dog coin< 3. There is eternal inflation. Under the background that most virtual currencies choose a fixed total amount, dog coin is set to increase by 5.2 billion every year, which makes it face serious inflation pressure. Because the new dog coin is given to the mine pool for free (the gift mechanism may be cancelled at any time), the miners will not have any feelings for the dog coin, they will only sell all the new mines. Inflation setting is an innovation of the founder of dog coin, but it completely violates the pricing principle of virtual coin: that is, under the premise of fixed total amount, through periodic halving, let the computing power and price reach a balance, so as to form a reasonable pricing mechanism. Dog money does not abide by the principle of fixed amount, and now even the computing power has been given up, indicating that it is not a standard virtual money
4. Illegal use of the logo registered by ultra Pro company may be prohibited at any time. As we all know, the dog coin borrowed the well-known Chaigou's head picture from the Internet. The "foundation" established a year later claimed to be trying to rush to buy Chaigou's head picture. The effect was just to comfort the fans. At present, ultra Pro company tacitly allows dog coin to borrow its logo, but it may be withdrawn at any time
5. Chinese speculators have completely dominated dog currency trading, and the trading volume of domestic exchanges accounts for 90% - 95% of the global total. It can be said that dog coin has been fully accepted by the Chinese, and the degree of nationalization is far higher than bitcoin, reborn coin, bitstock, and even higher than Leyte coin. The terrible thing is that Chinese speculative market is seriously separated from foreign community culture. The Chinese controlled the trading volume and chips, but never went deep into the foreign community of dog coin. They not only did not participate in any development of dog coin, but also completely ignored the tip and charity culture of foreign dog coin. Chinese speculators regard foreign communities as "idiots" who constantly create favorable conditions. Foreign communities regard Chinese speculators as the cancer of price manipulation. This is the separation of the interests of speculators and currency experimenters, which is inexcusable and irreconcilable
6. At the price of 1%, the main value of 100 billion yuan is 100 million yuan, and the annual value of 5.2 billion yuan of new mines is 5.2 million yuan. In the off-season, the global daily trading volume of dog coin is only 100000-150000 yuan. In case of systemic risk and large-scale cash out of users, it is impossible to have enough funds to resist the current price. So, where did the money go? The answer is that most of the locked up funds have been taken away by miners, and there is no possibility that these funds will return to the dogcoin market. If you want to get rid of the powder, you can only make a false appearance and cheat the new people to add fresh blood.
in fact, virtual coin players with a little common sense all know that dog coin has the following fatal defects:
1. First of all, the code of doggie coin is completely copied from Leyte coin. The wallet of doggie coin in the early days has LTC words; Secondly, the founder of dogcoin left the development team in April 2014 and announced twice to quit dogcoin community; Thirdly, up to now, dogcoin still does not have a stable development team. Most of the online volunteers who joined dogcoin development team in the early days have quit. After the founder of dogcoin announced to quit dogcoin community again in March 2015, the development work actually stagnated
2. Dog money has no support of calculation power, that is to say, it has no real value, and its price performance is purely the result of speculative market game. In September 2014, in view of the collapse of computing power, doggy coin abandoned the mining mode and implemented auxpow, that is, to give doggy coin to any mine pool supporting this mechanism. This means that dog money is no longer the object for miners to profit from mining by purchasing equipment. The reason why the mine pool chooses to support dog coin is to get free dog coin< 3. There is eternal inflation. Under the background that most virtual currencies choose a fixed total amount, dog coin is set to increase by 5.2 billion every year, which makes it face serious inflation pressure. Because the new dog coin is given to the mine pool for free (the gift mechanism may be cancelled at any time), the miners will not have any feelings for the dog coin, they will only sell all the new mines. Inflation setting is an innovation of the founder of dog coin, but it completely violates the pricing principle of virtual coin: that is, under the premise of fixed total amount, through periodic halving, let the computing power and price reach a balance, so as to form a reasonable pricing mechanism. Dog money does not abide by the principle of fixed amount, and now even the computing power has been given up, indicating that it is not a standard virtual money
4. Illegal use of the logo registered by ultra Pro company may be prohibited at any time. As we all know, the dog coin borrowed the well-known Chaigou's head picture from the Internet. The "foundation" established a year later claimed to be trying to rush to buy Chaigou's head picture. The effect was just to comfort the fans. At present, ultra Pro company tacitly allows dog coin to borrow its logo, but it may be withdrawn at any time
5. Chinese speculators have completely dominated dog currency trading, and the trading volume of domestic exchanges accounts for 90% - 95% of the global total. It can be said that dog coin has been fully accepted by the Chinese, and the degree of nationalization is far higher than bitcoin, reborn coin, bitstock, and even higher than Leyte coin. The terrible thing is that Chinese speculative market is seriously separated from foreign community culture. The Chinese controlled the trading volume and chips, but never went deep into the foreign community of dog coin. They not only did not participate in any development of dog coin, but also completely ignored the tip and charity culture of foreign dog coin. Chinese speculators regard foreign communities as "idiots" who constantly create favorable conditions. Foreign communities regard Chinese speculators as the cancer of price manipulation. This is the separation of the interests of speculators and currency experimenters, which is inexcusable and irreconcilable
6. At the price of 1%, the main value of 100 billion yuan is 100 million yuan, and the annual value of 5.2 billion yuan of new mines is 5.2 million yuan. In the off-season, the global daily trading volume of dog coin is only 100000-150000 yuan. In case of systemic risk and large-scale cash out of users, it is impossible to have enough funds to resist the current price. So, where did the money go? The answer is that most of the locked up funds have been taken away by miners, and there is no possibility that these funds will return to the dogcoin market. If you want to get rid of the powder, you can only make a false appearance and cheat the new people to add fresh blood.
5. Computer calculation code. Contract digital goods
6. As long as you spend money on this kind of virtual currency, don't touch it. Many of them cheat people by playing the brand of the blockchain. A blockchain platform is very easy to build. A virtual currency with a random name will be promoted for a few days in the early stage, and then run around when it has enough money, and then change its name to cheat. Too many platforms are cheaters...
7. Bitcoin is the first digital currency in the world. Dogcoin is the earliest digital currency in China. The number of bitcoin is 21 million, and the number of dogcoin is 100 billion. According to the latest price of coin eggs, the current price of bitcoin is 41200 yuan, and the current price of dogcoin is 0.016 yuan. Bitcoin is recognized as the strongest digital currency in the world, and dogcoin is basically the currency played by some enthusiasts so far.
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