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Is it possible to make money from mining

Publish: 2021-04-20 12:47:33
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 day

3. 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. False. It's impossible and unscientific
4. 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.
5. 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
6. It's all deceitful! Don't easily believe such profitable advertisements or information!
7.

It's true, because there are many ways to make money in the world, but making money online is the most unreliable. Because since entering the 21st century, the development of various instries has been a qualitative leap. Especially the electronic information instry, its development is the most rapid. In just 10 years, until now, electronic procts have completely entered the life of the public, changed people's way of life, and made everything no longer difficult. But there are both advantages and disadvantages. Nothing can escape this rule. The rapid development of the Internet has brought people a very simple life, but at the same time, the Internet is also full of some bad, cheating things. These things can't be prevented, because well-made web pages and attractive enough temptation can make people sink into them. And online mining to make money is like this, in the form is very similar, although in the end can make money, but the amount is very small, in fact, in the end can not make any money{ RRRRR}

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
9. 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.
10. Yes, you can make money if you dig it.
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