Mining of coin
It's about 37 yuan
let me first introce the reward mechanism of bitcoin system
bitcoin can basically dig out a block every 10 minutes through system settings. The reward for each block is given to the miners who dig out the block. The miner who digs out the block is called the block miner. The block miner will record the legal transactions in the bitcoin network to the blockchain, so that the miner can receive the service charge for bookkeeping
there are two parts in the reward for the block Miner: one part is the reward given by the system, which is called coinbase reward (also known as system issuance reward), the other part is the reward for bookkeeping, which is called miner's fee. The coinbase reward started with 50 bitcoins. For every integral multiple of 210000 blocks, the coinbase reward will be halved. This is what we often hear about bitcoin mining reward halved in four years
at the present stage, the reward of coinbase is 12.5 bitcoins. At the present stage, the average transaction miner fee received by miners for digging out a block is about 0.1 bitcoin (not fixed), that is to say, the average reward received by miners for digging out a block is about 12.6 bitcoin
about 99% of miners' rewards come from the system's coinbase rewards. According to the bitcoin system, one block can be g out every 10 minutes on average. The number of new blocks that can be g out in one day is 144 (60 * 24 / 10 = 144). At present, the number of bitcoins that can be g out every day is 1800btc (144 * 12.5btc = 1800btc). With the miner's fee of about 0.1btc per block, the total reward for all miners in one day is about 1814.4btc
secure payment. Qwc has no pre excavation and ICO, and adopts cryptonight algorithm (supporting mainstream mining machine X3 and A8 +) POW mining.
2. Digital currency is a kind of unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
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Why is it popular to do ICO in Singapore
recently, blockdata, a chain tower think tank, released Singapore, a global blockchain of 50 countries. According to the report, Singapore has become a global ICO center, with well-developed foundations and incubators. The sandbox mechanism started in 2016, and the ICO under the restrictions of China and South Korea policies has gone to sea, which has promoted the development of Singapore's ICO and related instries
in order to solve the problem of non-compliance, the unregulated ICO instry needs to be recognized by the international community. At this time, some people will think of setting up a foundation to operate. As foundations belong to non-profit organizations and projects issued by non-profit organizations belong to public undertakings, they are more easily recognized by people at home and abroad. It happens that the Singapore government strongly supports ICO technology, vigorously develops blockchain technology, and gives preferential policies. Therefore, it has become a broad consensus to set up a non-profit organization foundation in Singapore, This is also the fundamental reason why all registered ICO foundations choose to be in Singapore
conditions for ICO project subject to apply for Singapore non profit foundation:
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3. Select two similar business scope
generally, the application process can be completed in about 15 working days
perfect legal services in the later stage of Singapore:
generally, the foundation in Singapore is registered as the main body of issuing tokens, and Singapore is good at compliance, and the follow-up services are also perfect. For example, the project docking exchange is generally required to issue a certificate of the nature of token's non securities collection, which can also be issued by a licensed lawyer of a professional law firm in Singapore according to the relevant provisions of the monetary authority of Singapore. The lawyer can issue professional legal opinions on the non securities collection nature of token and the compliance with the anti money milling law and other relevant provisions