Latest mining projects
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 day3. 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
A lot of people have already said that EOC is deceitful. Mining still relies on CPU and GPU for mining, and then uses mining software, such as ha Yu miner , which is called mining
in this case, it's called real mining. With hayu miner, all the profits you dig are your own. Mining is actually a good project, after all, it's the cornerstone of the blockchain< br />
what kind of bitcoin is is, in fact, a virtual and worthless thing. As for the Mining Fund, it's even more uncertain!
Recently, bitcoin and Ethereum's two major digital currencies have gone up and down, which has led to a new upsurge in mining. However, the waste of electricity in mining has also become a hidden danger. Inner Mongolia officially announced today that all virtual currency mining projects will be closed at the end of April. The development and Reform Commission of the Inner Mongolia Autonomous Region recently issued the "on ensuring the completion of & lt; The fourteenth five year plan; It is planned to comprehensively clean up and shut down the virtual currency mining projects, withdraw all of them before the end of April, and prohibit the construction of new virtual currency mining projects. Inner Mongolia has set the goal of double control of energy consumption in 2021, that is, the energy consumption per unit GDP will decrease by 3%, the increment of energy consumption will be controlled at about 5 million tons of standard coal, the growth rate of total energy consumption will be controlled at about 1.9%, and the energy consumption per unit instrial added value (equivalent value) will decrease by more than 4%. The consultation period is from February 25, 2021 to March 3, 2021{ RRRRR}
according to 2020 data, the power consumption of a single bitcoin transaction is equivalent to that of a British family in the past two months. According to researchers at Cambridge University, bitcoin consumes about 121.36 billion kilowatt hours (TWH) of electricity a year, which is unlikely to decrease unless the value of bitcoin declines
How big is121.36 billion kilowatt hours (TWH)? By comparison, bitcoin's annual power consumption exceeded that of Argentina, the Netherlands and the United Arab Emirates, and approached that of Norway. Enough to see, the virtual currency mining project is really electricity consuming
The news that Inner Mongolia plans to shut down all the virtual currency mining projects has attracted many people's attention and won a lot of applause. In my opinion, this measure is actually very good, because the virtual currency mining project consumes too much energy, and the virtual currency mining can not stimulate the economy, and the rise of virtual currency mining project is not a good thing. Therefore, I personally support this measure
Third, the rise of virtual currency mining is not a good thing
in addition, the reason why virtual currency is concerned now is mainly because of its high price, which makes people find it profitable and want to get a share in it but in fact, the price of virtual currency almost depends on speculation, and the virtual currency itself has no value. In other words, the mining project itself has great risks. So in my opinion, it is not a good thing that more and more people join in the virtual coin mining instry
Generally speaking, I personally support such a decision and hope other provinces can follow suit