Is mining profitable
Publish: 2021-04-15 05:04:33
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 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
2. Cheat, pay money into the member first, dig the mine can't trade, can't withdraw cash, I am cheated
3.
Mining hang up is true, but the market hang up the good and bad, do not hang up
4.
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
5. 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.
6. Yes, but it's a dangerous job
7. At present, the most popular way of bitcoin trading is contract trading. According to the rise and fall of the price, it is far better to obtain income than the traditional mining and direct trading. After all, there is no need to really hold virtual currency, just need to judge whether the price is up or down, which is very suitable for the existing investors, simple and convenient
8. It's about bitcoin and lettercoin, right
let's put it this way, there are two types of people who can make money. The first category is people who use mining machines, which are dedicated mining hardware. The second type is not professional mining, but it uses public electricity charges
the investment of mining machine is high, which is similar to investment. Public electricity, 2K graphics card is about 500-700 a month
in addition, a card is needed to dig bitcoin, while n card is not worth electricity. Now it seems that you can use n card to dig Wright coin
let's put it this way, there are two types of people who can make money. The first category is people who use mining machines, which are dedicated mining hardware. The second type is not professional mining, but it uses public electricity charges
the investment of mining machine is high, which is similar to investment. Public electricity, 2K graphics card is about 500-700 a month
in addition, a card is needed to dig bitcoin, while n card is not worth electricity. Now it seems that you can use n card to dig Wright coin
9. Mining mode is an important means for the survival and development of bitcoin
in the initial stage, the mining output of blockchain is large, but the risk of value failure is also great after it is g out. In the later stage, the value is basically fixed, but the difficulty of mining in the later stage increases, which is a very reasonable system design. In order to have a bright future, a lot of people are crazy about mining, and the coin circle is also growing under the stimulation of this mode. Now, even the cost of mining has gone up a lot. On the one hand, there are too many blockchain procts developed, and the blockchain procts are mixed; On the other hand, with its reasonable mode, blockchain has been growing and growing. The idea of CO Association, sharing and co governance advocated by blockchain has graally become a pioneer in modern society
with the rapid development of proctivity, 5g, artificial intelligence, robotics and other scientific and technological applications have greatly improved the proctivity of human society. Procts have gone from shortage to surplus. The relationship between people and consumption patterns are facing huge social changes. The proction relations dominated by the concept of shared governance and interconnection of blockchain can adapt to the development of this proctivity, It will become the mainstream of the society in the future
fortunately, the whole society is now vigorously advocating the implementation and application of blockchain. It can be predicted that in the near future, the application of blockchain will blossom everywhere, and the mining mode of blockchain will become a new fashion.
in the initial stage, the mining output of blockchain is large, but the risk of value failure is also great after it is g out. In the later stage, the value is basically fixed, but the difficulty of mining in the later stage increases, which is a very reasonable system design. In order to have a bright future, a lot of people are crazy about mining, and the coin circle is also growing under the stimulation of this mode. Now, even the cost of mining has gone up a lot. On the one hand, there are too many blockchain procts developed, and the blockchain procts are mixed; On the other hand, with its reasonable mode, blockchain has been growing and growing. The idea of CO Association, sharing and co governance advocated by blockchain has graally become a pioneer in modern society
with the rapid development of proctivity, 5g, artificial intelligence, robotics and other scientific and technological applications have greatly improved the proctivity of human society. Procts have gone from shortage to surplus. The relationship between people and consumption patterns are facing huge social changes. The proction relations dominated by the concept of shared governance and interconnection of blockchain can adapt to the development of this proctivity, It will become the mainstream of the society in the future
fortunately, the whole society is now vigorously advocating the implementation and application of blockchain. It can be predicted that in the near future, the application of blockchain will blossom everywhere, and the mining mode of blockchain will become a new fashion.
10. According to the current market price of bitcoin, most miners are unprofitable. If you are buying the first or second generation ASIC miner for bitcoin mining, let alone making money, the payback is far away. On the one hand, it is because of the continuous growth of computing power, on the other hand, it is because of the decline of bitcoin price. Now people's mining is just a kind of psychological expectation compared with the price of bitcoin. But mining can not be completely unprofitable, if conditions permit, there is still a certain profit margin. For example, the TV you use for mining is free. Or use the latest Avalon three generation miner for mining and so on.
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