Elimination of mining machine

1. Thank you
the answer is yes. bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone may participate in the proction of bitcoin. But bitcoin is not issued in unlimited quantity. According to calculation, by 2140, the total amount of bitcoin will reach the upper limit - 21 million. Recently, according to the data from blockchain.info, unless there is an accident, the 17 millionth bitcoin is likely to be g up in the future
it needs to be clear that each newly g out bitcoin block will generate 12.5 new bitcoins, and a new block will appear in the bitcoin blockchain every 10 minutes, so about 1800 new bitcoins will be generated every day. As the reward is reced by half for every 210000 blocks generated, mining becomes more and more difficult, but this does not mean that bitcoin mining machines can no longer dig bitcoin. In addition, it needs to be made clear that bitcoin will not stop running when it proces 21 million bitcoins, so even if the 1700th bitcoin will be g out, there are still 4 million bitcoins waiting to be g out. Even if it is more and more difficult to dig out bitcoin, it is not impossible. It is said that the new routing machine that originally g out digital gold will also launch the function of digging bitcoin in the near future. Compared with thousands of professional bitcoin mining machines, the new routing machine is more user-friendly in price and less difficult in mining
in the future, we believe that although bitcoin has gone a long way, bitcoin still has a long way to go.

2.

See a lot of people selling bitcoin mining machines, why don't they go mining? Do they make more money selling machines than digging bitcoin

On the gold road, the most profitable is the ticket. Those who dig money are all gold miners. Mining machine manufacturers are those who sell water and shovels on the way to gold mining. The so-called saying is that they have heard the news one after another, and they specialize in the technology instry. It's OK to do a good job in their own specialty. They can't earn any money

the purpose of enterprises is to make money. Since selling mining machines can make money, why should they be involved in the mining instry. Wu Jihan in mainland China is worth tens of billions of yuan only by selling mining machines, and he is engaged in large-scale mining in many countries. It's also very limited. Since selling equipment can make money, why do you have to mine

another example is the e-commerce instry. I don't know whether it makes money or not, but I know that agent operation must make a lot of money. Now the hot small program, businesses through small programs to earn money, I do not know, but those who help develop small programs companies must make money

3.

As of July 24, 2020, the state has not issued any laws to prove that bitcoin mining machine is illegal

bitcoin mining machine is one of the ways to obtain bitcoin. Bitcoin is a kind of network virtual currency proced by open source P2P software

it doesn't rely on the issuance of specific monetary institutions, and it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction

extended data

the issue and transaction of bitcoin are realized by mining, and it is cast at a certain but slowing rate. Each new block is accompanied by a certain number of new bitcoin from scratch, which is used as a coinbase transaction to reward the miners who find the block

the reward for each block is not fixed. For every 210000 blocks mined, it takes about four years, and the currency issuance rate is reced by 50%. In the first four years of bitcoin's operation, each block created 50 new bitcoins. Each block creates 12.5 new bitcoins. In addition to the block award, the miner will receive a handling fee for all transactions within the block<

source: Internet - bitcoin mining machine

4. It's hard to say. If the currency price continues to fall, the miners generally lose confidence in bitcoin, and the mining income is seriously lower than the mining cost, then a large number of miners will stop mining, and the computing power will drop sharply. In addition, because the major countries in the world adopt a more stringent attitude towards bitcoin, such as China and the United States, bitcoin's computing power may also drop sharply, or even disappear

but bitcoin mining as an infrastructure, if bitcoin can continue to exist, although the income of mining is reced, for the security of the whole bitcoin network system, some big bitcoin companies may invest in mining to maintain the security of bitcoin network system. In addition, the future of bitcoin will become more clear and bright. Bitcoin's computing power will not decrease, but will increase.

5. As long as it is a regular digital currency, there is an electronic wallet to download

for example, bitcoin, lightcoin, gold card, reborn coin, doggy coin, lightcoin, Ruitai coin, bitstock and other digital currencies can be downloaded from rich packages
but there is no wallet to download MLM or some direct selling coins
for example: Baichuan coin, Morgan coin, treasure coin, etc.

6. Dream of mining excrement water, such a dream is nonsense, just laugh it off

7. No, there's no platform for novices to rent mining machines. They have the same professional level. My mining machines are basically bought from Kunpeng computing power, which is super good

8. Now many of the mining machines are professional, and the graphics card mining has graally declined,
NVIDIA recently (18-8-17) began to focus on the development of mining business. Amd may still have a certain market share because of its greater dependence on mining, but it will not rule out being replaced by professional mining machines and chips in the future.

9. What do you mean by that? What kind of mine?

10. There is a cloud miner that can dig, but the currency is different