China's mining in outer space
at present, bitcoin mining needs professional mining machines. Now bitcoin mining is a very professional thing. Retail mining has been graally eliminated, and bitcoin mining is graally mastered by several major mining machine manufacturers and owners
as long as the digital currency allows mining, it is OK to mine anywhere. As long as the network can be connected, mining generally uses ordinary computer or graphics card or professional ASIC mining machine
some digital currencies do not need to be mined, but are pre mined in advance, such as Ruitai, but Ruitai is a kind of asset mortgage certificate. Of course, most of the others need to be obtained through mining, such as Wright coin and thousand gold card mining.
On January 16, it was reported that pan Gongsheng, vice governor of the people's Bank of China, believed that centralized trading of virtual currency should be prohibited, and that indivials and enterprises should be prohibited from providing related services, according to an internal meeting minutes
Pan Gongsheng said that the state and local governments should seize the places that provide centralized transactions for virtual currency, and bitcoin is the largest virtual currency. They should also ban indivials and institutions, such as online "wallet" service providers, that provide market making, guarantee and clearing services for centralized transactions in such currencies
China has become the world's largest source of cryptocurrency mining , but pan Gongsheng said that the government should take measures to prohibit such behavior. He suggested that local governments use electricity price adjustment, land use, taxation and environmental protection measures to guide enterprises engaged in such activities to "exit orderly"
secondly, bitcoin has a perfect derivative route, which can accurately hedge risks. What about a shares? We have to buy up and wait for the harvest
bitoffer offers the strongest bitcoin option and is the best risk hedging tool in the spot
how to use options to hedge the fall risk of spot
for example, the current price of bitcoin is US $10000
if it goes up to US $11000, the spot profit is US $1000
if it goes down to US $9000, the spot loss is US $1000
if you open a put option hedging in bitoffer, the cost is only US $20. If bitcoin goes down from US $10000 to US $9000, the spot loss is US $1000, and the put option profit is US $1000, The two offset each other, your account does not have any loss, this is the charm of hedging
after opening the hedging mechanism, your account will make money if it goes up, and even if it goes down, because the risk has been completely offset.
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