Why is the mining area so hot recently
In 2009, bencong invented bitcoin, and set that there are only 21 million bitcoins. By participating in the proction of blocks and providing proof of work (POW), he can get the reward of bitcoin network. This process is mining
the concept of "mining" comes from the existing concepts in our real economic life, such as gold mining and silver mining. Because minerals are valuable, it drives people to pay labor to dig
another important point of bitcoin mining is that the miners who participate in mining recognize the value of bitcoin, and some of them are willing to spend money in the bitcoin market. Therefore, the mining of bitcoin is meaningful
extended data
currency characteristics of bitcoin
1, decentralized
bitcoin is the first distributed virtual currency, and the whole network is composed of users without central bank. Decentralization is the guarantee of bitcoin's security and freedom
2, bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3, exclusive ownership
controlling bitcoin requires a private key, which can be stored in any storage medium in isolation. No one can get it except the user himself
4, low transaction cost
bitcoin can be remitted free of charge, but in the end, about 1 bitfen transaction fee will be charged for each transaction to ensure faster transaction execution
5, no hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6, cross platform mining
users can explore the computing power of different hardware on many platforms
in view of the possible risks of virtual currency, many international organizations and central banks have responded publicly to the supervision of virtual currency system. These responses can be roughly divided into four categories: warning and risk warning, supervision and registration permission, legislative norms, and explicit prohibition
(1) warning and risk warning
some central banks and regulators have issued risk warnings against the special currency and virtual currency system. The federal financial regulatory authority of Germany, the Bank of France, the central banks of the Netherlands and Belgium have issued public warnings against the possible money laundering and terrorist financing caused by the use of bitcoin. In the report released at the end of 2013, the European Banking authority (EBA) warned consumers of many risks of virtual currency, such as exchange loss, e-wallet theft, unprotected payment, price fluctuation and so on. Although Spain did not have a similar risk warning, it issued a timely information announcement related to virtual currency
(2) supervision and registration license
generally speaking, international organizations believe that the supervision of virtual currency should find a balance between risk prevention and innovation promotion. Since 2012, Sweden has required transactions related to virtual currency to be registered with financial regulators. Other countries pay attention to qualification supervision, so as to make it indirectly meet the requirements of prudential supervision. In other countries, the regulation mainly focuses on the business model of virtual currency transaction. The financial prudential regulatory authority of France regards the provision of bitcoin circulation and trading services and the act of earning funds in the process as a payment service and requires the authorization of the government. In addition, some countries focus on the intermediary institutions related to virtual currency. The German federal financial regulatory agency and Danish regulators believe that the provision of intermediary services for virtual currency needs to be authorized< (3) legislative norms
at present, some countries have proposed legislation to regulate virtual currency transactions. Canada plans to legislate to allow the government to supervise the transaction of bitcoin, and to include the transaction of more than US $10000 into the scope of suspicious supervision. The United States hopes to adjust the relevant legal structure should be compared with the development of the special currency. In order to make the Bank Secrecy Act (BSA) applicable in the context of network, the financial crime enforcement network (FinCEN) of the U.S. Department of the Treasury issued the explanatory guidance on the behavior and subject definition of private generation, holding, distribution, trading, acceptance and transmission of virtual currency in 2013. The European central bank stressed that it should strengthen international cooperation under the existing legal framework, and regulate virtual currency from the European and global level under the existing legal framework. More countries believe that bitcoin is not a currency in circulation, has no legal status, and does not meet the definition of financial instruments, such as Finland, Sweden, Malaysia and Indonesia
(4) it is forbidden
in some countries, bitcoin related transactions are prohibited. In December 2013, the people's Bank of China banned financial institutions from trading in bitcoin, which was subsequently extended to payment service providers. The central banks of Thailand and Indonesia share the same attitude. The circulation of anonymous internet currency (including bitcoin) is prohibited by the Russian judicial inspection department as a substitute for currency. The Central Bank of Russia has earlier included the provision of bitcoin services in the scope of suspicious transaction monitoring. The U.S. Securities and Exchange Commission (SEC) has banned the issue of unregistered shares in exchange for bitcoin, and unregistered online securities trading activities in virtual currency.
generally speaking, bitcoin and cryptocurrency tokens provide you with more control. You effectively cut the middleman between you and your money. No bank can decide how long a transaction will take and how much it will cost. You can also control where funds are stored and how they are accessed. Of course, control brings corresponding responsibilities
2. Affordability
since the middleman is not in the picture, you can save some transfer fees. Moving bitcoin from one wallet to another costs a negligible amount of money. It is cheaper for businesses to accept bitcoin payment than credit card payment
3. Speed
in addition to saving international transfer fees, you can also enjoy higher transaction speed. What does it take your bank a few days to do? Bitcoin can do it in a few minutes
4. Convenient
with bitcoin, online payment is easier and faster. If you want to donate or pay for something that will not be delivered, you do not need to disclose any personal details. Just send bitcoin to their wallet address
5. Security
it is safer for businesses to accept bitcoin than fiat money. When businesses accept credit card payments, they risk fraud and reverse payments. Bitcoin payment is irreversible, so there is no risk of reversal
6. Privacy
one of the main advantages of using bitcoin is that it provides privacy and relative anonymity. You don't need to provide any personal details to access the bitcoin wallet. All you need is a device to store it - even a piece of paper. Bitcoin transactions are only linked to your wallet address
7. Reliability
bitcoin network is essentially a point-to-point payment system. This allows you and you to remit money to anyone who participates in the party. You don't have to rely on the bank to do the work to make the transaction effective. In Ethernet, the risk of payment loss is small, which eventually makes it a more reliable way of payment
8. Investing in
bitcoin wasn't worth a lot of money ten years ago. Let's see where it has been since 2009. From a few dollars in December 2017 to nearly $20000. At the time of writing, it is now stable at around $6000. As more and more people adopt bitcoin, bitcoin will not be everywhere. Investing in it may be risky, but it's absolutely profitable.
iron ore can be found at grade 3 mining sites in Shitang County
you are in the first level mining site. Wow, you have been a copper mine all your life! hey!
applications are as follows:
1. Mobile development direction
2. Blockchain research and development direction
3. Internet of things direction
4. Back end development direction
5. Front end development direction
6. Shangxuetang has systematic and complete blockchain video
please adopt!